Fraud in online advertising is a major headache for media companies. One platform dedicated to fighting it is Verasity, the protocol and product layer blockchain committed to a better user experience for everyone in the digital content space. 

By offering security, transparency, and trust, [Verasity](https://verasity.io/) hopes to eliminate online ad fraud. 

## How does Verasity work? 

Using Proof of View (PoV) technology, Verasity delivers transparency in advertising. Leading content delivery networks integrate VeraViews as they attempt to eliminate ad fraud and bring accountability and authenticity to online advertising. 

PoV is patented technology combining a distributed ledger backend with advanced bot detection. The fact that transactions are stored on an open ledger blockchain ensures that the transactions are valid and that there is transparency in reporting and auditing. 

When digital transactions happen, hundreds of data points are passed between devices. These can be analysed to identify bot involvement. Bot transactions are responsible for the majority of online advertising fraud. 

## VRA token 

Verasity has its own digital currency, VRA, which was designed for exchanging and transferring value in areas such as eSports, online gaming, NFTs, and digital videos. It is listed on more than two dozen cryptocurrency exchanges and held in more than 300,000 VeraWallets. 

VRA can also be used in Verasity’s staking programme and utilised to pay rewards to those participating in the network. 

## An entire ecosystem 

The Verasity [ecosystem](/news/article/vra-crypto) encompasses a wide range of features and tools for online advertisers. 

The primary offering, [VeraViews](https://verasity.io/veraviews), is an ad tech stack using the patented PoV tech to detect and prevent fraud in the deployment of video content by identifying bot results that artificially inflate viewing figures. 

Verasity also has its own video player, VeraPlayer, with VeraViews built in, which promises to optimise advertising revenue for its partners. It is deployed on the eSports offering, [VeraEsports](/news/article/vra-crypto-esports). 

Verasity has its own custodial wallet for storing the VRA tokens mentioned earlier. It not only stores the tokens, but acts as a payment system supporting crypto and on-crypto options. Among the ways users can earn VRA is through the Watch and Earn mechanism. This is a reward system paying users token incentives for watching video content. 

And Verasity is part of the NFT industry with the VeraVerse marketplace, described as a complete ecosystem for NFTs, including in-game items, art, and collectables. 

## Who is behind it? 

The longstanding involvement of key team members, such as David Archer, Robert Keogh, Justin Wenczka, Elliot Hill, Sergey Molybog, and Olena Buyan, built confidence among users and investors. 

The team members are seen as professionals with established track records in relevant sectors, including media, video, and tech businesses. 

## VRA price prediction 

Price predictions for the [VRA token ](/news/article/vra-coin-doubles)suggest solid, if not stellar, increases. 

Analysis by [AMBCrypto](https://ambcrypto.com/predictions/verasity-price-prediction) looked at the possible price trends for this year as well as looking even further into the future. 

It suggested that by next month the average value will be $0.014, with a possible high of $0.015. Early next year, VRA could see that average increase to $0.015, with a high of $0.016 in February, the site said. 

The same value range is suggested for the remainder of this year, with prices ranging from $0.014 to $0.016 in November and December. 

Studying historical data, platform developments, and investor/community sentiment, AMBCrypto was able to make predictions about the VRA value longer term. It suggests slow but solid increases in the token’s value. 

For 2024, the site predicts values ranging from $0.011 to $0.017, with an average of around $0.014. A marginal increase is forecast for the following year, with an average of $0.018 and prices ranging from $0.014 to $0.022. 

This trend of marginal value increases is predicted for the rest of the decade, with averages of $0.023, $0.029, $0.037, and $0.046 in 2026, 2027, 2028, and 2029 respectively. 

## Could VRA reach a dollar? 

The AMBCrypto research suggests that VRA reaching a value of $1 is a long way off. 

Looking ahead to 2030, the average price is predicted to be around $0.059. While this could increase to $0.074 in 2031 and $0.093 in 2032, markets may have to wait until 2033 for the average price of VRA to hit $0.11, when the price range is expected to be between $0.094 and $0.14. 

The site predicts another increase in 2034, hitting an average of $0.14, still well below the $1 valuation investors will be hoping for. 

Verasity – Combatting advertising fraud 

Decentralised blockchain ecosystem Casper, geared towards developer and enterprise adoption, combines unique features which have made it a popular choice. Here, we explore Casper and how its native token, [CSPR](https://casper.network/en-us/), works. 

The Casper mainnet was launched in March 2021 by Casper Labs, funded through a method called an IOU launch, which allows investors to access the project before trading begins. Interest in the ecosystem has grown thanks to features such as the custom-built blockchain and its own cryptocurrency, CSPR. 

Advanced developer tools have empowered developers to create decentralised applications (DApps) that are considered more robust and immersive than others. 

Investor interest remains high thanks to new partnerships Casper has formed, with the likes of WISeKey, BIGtoken, Lead Ventures, and more. 

## What is Casper for? 

The primary goal of the blockchain is to simplify onboarding, reducing the tech barriers so that more businesses can integrate blockchain solutions into how they do business. 

A leading benefit of the platform is offering a secure alternative to centralised markets, with an open-source network vetted by many third parties and its own community. 

It is also scalable, thanks largely due to the team’s commitment to not repeating the mistakes of [Ethereum](/news/article/second-ethereum-testnet-successful). Ethereum gas fees were designed to combat congestion, but rising popularity left users facing increasingly high fees, as well as delays. 

Casper supports sharding, which is a digital storage method letting networks compartmentalise data, delivering almost limitless storage capacity. It also enables developers to produce complex DApps using blockchains that support sharding. 

The Casper network is also upgradeable, a compelling reason for its popularity. The team behind the ecosystem was keen to ensure that the network remains relevant into the future and went to great lengths to achieve this. Many of the features it offers are developed to be upgradeable, such as predictable gas fees and enhanced smart contracts. 

## How does Casper work? 

The Casper network is supported and maintained by [Casper Labs](https://www.casperlabs.io/) and delivers enterprise blockchain services. 

It operates a Proof of Stake (PoS) blockchain built on the Casper CBC (correct by construction) specification. This consensus mechanism delivers high performance and good security, and developers are enabled to build new blockchains using the Casper developer tools. 

PoS networks are more energy-efficient and scalable than Proof of Work (PoW) mechanisms, thanks to the removal of miners from within the validation process. It works by users staking their tokens to secure the network and receiving rewards, paid in native token CSPR. 

You should also be aware of the Casper Association. It is a not-for-profit organisation which is focused on expanding the reach and position of the network. The association is committed to providing resources, such as financial and technical support, to projects that have the potential to deliver valuable services to the Casper ecosystem. 

## CSPR 

The primary utility token for the Casper ecosystem is CSPR, a dynamic crypto fulfilling many roles. 

CSPR is how regular users interact with the network’s services and features, for example being used to pay fees and rewards. It is used to reward PoS validators and has a crucial role in the network’s community governance. 

You may be asking, how can I buy CSPR? It is available on exchanges such as Uphold, a leading platform for residents of the US and UK which offers a wide range of cryptos. 

CSPR can also be purchased on [KuCoin](/news/article/rise-of-kucoin), a cryptocurrency exchange offering trading in more than 300 popular tokens. It is often the go-to platform for the first chance to purchase new tokens as they hit the market. 

## CSPR and NFTs 

Casper has recently confirmed support for non-fungible tokens (NFTs). It has partnered with WISekey to develop an advanced NFT marketplace, where users can create and trade their NFTS on a platform underpinned by Casper. AS NFTs continue to be a popular trading commodity within blockchain, this could further increase the interest and success of Casper. 

You may already be aware, but NFTs represent a single asset, making them different to cryptocurrencies. NFTs have been widely used to create art and digital collectible, commanding massive prices, and the technology is moving towards adoption for more uses, such as ticketing and even storing personal records, such as medical data, online. 

## CSPR funding developers 

Casper developers are able to access grants which deliver finding for their projects thanks to DEVxDAO. Users of the Casper network are able to vote on which projects receive token grants by qualifying for financial assistance. 

DEVxDAO was the result of a partnership between Casper and the Swiss group, the Emergency Technology Association. The goal is to help to onboard promising developers, plus other figures such as researchers and scientists, seeking funding to deliver new decentralised infrastructure projects. 

## Is Casper The Future?

Fans of Casper and its native crypto CSPR argue that it is driving blockchain adoption within the business sector. 

The popularity of Casper with developers shows that there is a demand for providing businesses not yet engaged with blockchain to access 'turnkey' solutions to allow integration. Casper enables this, offering businesses greater efficiency and security. 

Casper has carved out a leading role in this niche market, one that is potentially very valuable and likely to see increasing demand. 

Is CSPR changing blockchain? 

In the rapidly evolving landscape of the Metaverse, a realm teeming with boundless opportunities and uncharted potential, companies across industries are fervently vying for a foothold in this digital frontier. Among these trailblazers, Adidas has emerged as a notable protagonist, deftly orchestrating a consumer-centric, product-based strategy that ingeniously navigates the contours of the Metaverse to foster a virtual connection with its global audience. 

As the Metaverse phenomenon continues to gather momentum, [Adidas](https://www.adidas.com/metaverse) is poised to capitalise on this burgeoning landscape, and at the epicentre of its digital endeavour lies the introduction of groundbreaking NFTs, widely known as "Adidas Metaverse". 

## The Adidas Metaverse journey 

This transformative journey for Adidas commenced in February 2021, a watershed moment that heralded the brand's initial entry into the Metaverse. Since its first steps, Adidas has charted an impressive trajectory, marked by progressive milestones and innovative ventures illuminating the brand's commitment to digital exploration. 

A pivotal chapter unfolded with the much-anticipated release of the first-ever Adidas NFT collection, a collaboration that seamlessly united the creative forces of esteemed entities, including the illustrious Bored Ape Yacht Club, the visionary Gmoney, and the ingenious PUNKS comic team. 

The culmination of this collaboration yielded an NFT drop of monumental proportions, titled "Into the Metaverse". This visionary collection debuted on December 17, 2021, attracting attention from enthusiasts and collectors. Owners of these coveted NFTs gained coveted access to an array of Adidas Originals events, exclusive merchandise releases, and an immersive tapestry of experiences meticulously curated to satiate the appetite of Metaverse aficionados. 

## Digital keys 

Yet, the allure of the Adidas Metaverse extends far beyond the realm of mere exclusivity. It pivots on the conceptualisation of NFTs as digital keys, each unlocking a gateway to a multidimensional realm rife with novel encounters and bespoke advantages. At the heart of this digital domain lies an intricate tapestry of collaborative products, seamlessly fusing cutting-edge technology with artistic ingenuity. 

Virtual wearables tailored to grace avatars within the virtual expanse are among the array of enticements offered, each meticulously crafted to resonate with the tastes of Metaverse denizens. 

The tangible manifestations range from the comfort of stylish sweatshirts and trendy tracksuits to the emblematic orange beanie synonymous with Gmoney's signature aesthetic. These artifacts bear the indelible insignias of the three innovative partners, underscoring the synergy that underpins this landmark collaboration. 

## NFT success 

The resounding success of the Adidas Metaverse collaboration reverberated across the digital landscape, culminating in a staggering financial triumph that saw Adidas amass $22 million in revenue. A testament to the brand's unwavering dedication to the Metaverse narrative, Adidas further fortified its digital stake by acquiring a prized Bored Ape NFT, christened Indigo Hertz, which subsequently assumed a central role in the brand's high-profile promotional campaigns surrounding the FIFA World Cup. 

This strategic move served as a poignant reminder of Adidas' astute comprehension of the pivotal role NFTs occupy within the Metaverse. 

## Adidas Metaverse story continues 

The Adidas Metaverse journey continues. The introduction of a curated collection of virtual wearables underscored the brand's resolute commitment to the digital avatar setting, each item meticulously designed to resonate within the evolving Metaverse. 

This collection, which took centre stage at [Decentraland's prestigious Metaverse Fashion Week](/news/article/metaverse-fashion-week), invited enthusiasts to partake in an immersive experience, complete with 3D digital twins that transcend the confines of the virtual realm, bridging the gap between imagination and reality. 

The Adidas Metaverse serves as a microcosm of a broader corporate landscape in the throes of digital transformation. The chronicles of the Adidas Metaverse expedition commenced with the unveiling of a maiden NFT collection, a collaboration that harmoniously melded the creative tapestries of [BAYC](https://boredapeyachtclub.com/#/), Gmoney, and Punks. 

This watershed moment offered just a glimpse into the Adidas Metaverse plan, a vision that extends beyond virtual wearables, encompassing strategic investments within the Sandbox Metaverse, and myriad avenues that collectively manifest a robust blueprint for long-term Metaverse ascendancy. 

At the helm of the Adidas Metaverse voyage was a dedicated team diligently entrusted with sculpting pioneering Metaverse narratives. Erika Wykes-Sneyd, Adidas Originals' Vice President of Global Marketing and Communications, steered the brand toward uncharted digital horizons. 

Amid the Metaverse evolution, Adidas has staked its claim within the[ Sandbox Metaverse](/news/article/how-to-buy-land-in-metaverse-worlds), christening its virtual enclave "adiVerse". The landscapes of this digital domain conjure tantalising visions of interactive showcases, immersive games, and a veritable pantheon of exclusive Adidas digital creations poised to transcend the boundaries of imagination. 

## More than a concept 

The Adidas Metaverse odyssey extends beyond the realms of mere concept, materialising in the form of virtual wearables. It fuses cutting-edge technology and sartorial elegance, seamlessly traversing the realm of physicality into the digital avatar cosmos. The inclusion of this innovative collection within Decentraland's Metaverse Fashion Week augmented the brand's position in the convergence of fashion and technology. 

As the Metaverse continues its expansion, a panorama of possibilities unfurls, beckoning corporations and visionaries to forge partnerships in the digital realm. The Adidas Metaverse narrative serves as an emblematic testament to innovation, adaptation, and evolution that underpins the ethos of global enterprises as they embrace the Metaverse. 

Adidas Metaverse Explained 

As the race to advance artificial intelligence technology intensifies, industry titans have sounded the alarm about the potential perils of unchecked development and access. In stark contrast to this cautionary chorus, Meta has taken an audacious step in its [AI strategy](https://ai.meta.com/about/). 

[Mark Zuckerberg](/news/tag/markzuckerberg), the Meta Chief Executive, made waves in July by unveiling an unorthodox plan: granting developers and software enthusiasts open access to the foundational code of its state-of-the-art AI technology, free of charge. 

This contrasts with the restraint called for by many other tech businesses. However, this unconventional path may carry the potential to reshape the competitive landscape by reining in rivals like Google and Microsoft. These industry behemoths have been swift in integrating generative artificial intelligence, the bedrock of innovations like OpenAI's renowned ChatGPT chatbot, into their offerings. 

## Meta AI February giveaway 

The company set a precedent in February by introducing the initial iteration of LLaMA (Large Language Model Meta AI). This preliminary release was primarily targeted at academic institutions, government researchers, and other inquisitive minds. 

The novel twist lay in the accessibility offered to download LLaMA, post-training on colossal troves of digital text. This was no mean feat, considering the substantial computational and financial investments required to process and refine such copious data sets. 

However, Meta's gambit did not escape controversy. After the limited dissemination of Meta AI technology among a select group of academics, a leak ensued, eventually exposing the technology to the public domain and sparking vigorous debate. 

## The latest Meta AI 

Unveiled in July, the latest Meta AI builds upon its predecessor, wielding a staggering 40% increase in data utilisation. Meta not only released its advanced AI iteration, but also provided a comprehensive roadmap showing developers how to harness and optimise the vast repository of accumulated data. 

Meta AI tech is "open source", facilitating unfettered access to the core code. Termed LLaMA 2, this technology encapsulates the essential building blocks required to construct online chatbots akin to the illustrious [ChatGPT](https://chat.openai.com/auth/login). What distinguishes this development is Meta's decision to release LLaMA 2 in a way that empowers developers to harness the potential of Meta AI for entrepreneurial ventures for free. 

As AI capabilities expand, so do concerns about misuse. There is a palpable apprehension among researchers that generative AI could serve as an accelerant for disinformation and spam. Despite this, Meta remains steadfast that promoting diversity and inclusivity in the experimentation process yields the most favourable outcomes. 

While this perspective has been widely upheld by AI researchers, a paradigm shift has been brewing over the past year. Industry giants like Google and [Microsoft](/news/article/microsoft-crypto-mining-ban-cloud-services) have restricted access to cutting-edge AI technology. Critics argue that such measures may also inadvertently stifle potential competition. In direct contrast, Meta argues that disseminating its ongoing work contributes to a broader collective good. 

## The Meta AI source 

The operational essence of these models revolves around the acquisition of skills through the ingestion of prodigious volumes of digital text, spanning domains from scholarly encyclopaedias to dynamic online discourse. By discerning intricate patterns within the textual tapestry, these models attain the ability to autonomously generate text across diverse domains, encompassing everything from scholarly papers to lyrical poetry. They can even hold coherent conversations, blurring the lines between human and AI interaction. 

Meta's journey into open-source AI is marked by collaboration, not isolation. In a notable partnership, Meta aligns with Microsoft to actualise the open-source potential of LLaMA 2. Microsoft's Azure cloud services provide the foundation, fostering a spirit of communal innovation. Furthermore, accessibility to LLaMA 2 is not confined to Microsoft's sphere alone; it extends to other providers like Amazon Web Services and the innovative HuggingFace. 

## Open-source AI 

Meta is not the sole torchbearer of the open-source AI movement. The Technology Innovation Institute, for instance, has unveiled Falcon LLM, a manifestation of the open-source ethos, by offering unrestricted access to its codebase this year. Mosaic ML, another protagonist in this landscape, contributes to the open-source ecosystem by provisioning software tailored for training large language models. 

While Meta's approach is founded upon a robust belief in the positive potential of open access, the company exercises prudence in its implementation. The release of LLaMA 2 underwent meticulous scrutiny through "Red Team" assessments, a practice aimed at unveiling potential misuse and instituting safeguards against such occurrences. 

A responsible-use guide outlining best practices and guidelines for developers navigating the AI realm accompanies the release. 

## Getting the balance right 

The company will also release a responsible-use guide containing best practices and guidelines for developers who wish to build programs using the code. 

But these tests and guidelines apply to only one of the models that Meta is releasing, which will be trained and fine-tuned in a way that contains guardrails and inhibits misuse. Developers can also use the code to create chatbots and programs without guardrails, a move that sceptics see as a risk. 

Meta's decision to provide unfettered access to its AI technology at no cost could reshape the AI landscape. This unorthodox move could drive innovation while raising concerns about the potential for misuse. As the trajectory unfolds, Meta navigates a nuanced balance between openness and responsible stewardship. 

Meta AI for free – a good idea? 

Many AI crypto projects have tantalised investors, but are they any good? 

Here we take a look at the top five, as defined by [market capitalisation](/news/article/what-is-market-cap-cryptocurrency). 

From newcomers to established names, these are projects that harness the potential of artificial intelligence in the cryptocurrency world, enhancing financial transactions, optimising supply chains, and reshaping how we interact with technology. 

Whether you are an established [crypto trader ](/news/article/crypto-trader-2022)or an inquisitive newcomer, this list is a starting point for your exploration of AI crypto projects. But be warned, there are no guarantees of successful investing in cryptocurrencies, so do your own research before risking your money, and only invest what you can afford to lose. 

## AI crypto project marketcap 

Our list features the leading AI crypto projects according to marketcap, as reported by [CoinMarketCap](https://coinmarketcap.com/view/ai-big-data/). 

Marketcap doesn’t mean much on its own. There are other critical factors to consider, including: 

- Understanding the core technology underpinning the AI crypto project, appraising the distinctiveness and practicability of the harnessed AI algorithms, and real-world application. 
- Examination of the project's personnel, focusing on researchers and developers with a track record in AI and blockchain expertise. 
- A critical analysis of the problem targeted by the AI crypto project. This involves gauging the possible scope and demand for the proposed solutions in the marketplace. 
- Assessment of the intrinsic utility and operational facets of the token within the ecosystem of the initiative. The token design should seamlessly align with the project's aspirations and confer added value to its user base. 
- Exploring the initiative's community and its resonance in the broader user spectrum. Robustly engaged communities often function as a magnet, drawing in support and augmenting user participation. 
- Prioritising projects subjected to external security audits, a hallmark of the integrity of smart contracts and codebase, bolstering resilience against vulnerabilities. 
- An understanding of the regulatory framework within which the AI crypto venture operates. Adherence to statutory stipulations is pivotal for sustainable success. 
- Sufficient trading volume and liquidity are essential requisites to facilitate seamless transactions, counteract price manipulation, and cultivate a thriving marketplace. 
- Identification of competitors, juxtaposed against the initiative's distinctive value proposition, as well as a keen eye for strategic alliances and affiliations that propel growth. 

## Top AI crypto projects 

### The Graph ([GRT](https://thegraph.com/))
Envisioned as a decentralised protocol for indexing and querying blockchain data, The Graph furnishes developers with a platform to craft and disseminate open APIs termed 'subgraphs,' thereby enabling universal access to blockchain data. It is relatively new, but has already been embraced by distinguished blockchain ventures like Ethereum, NEAR, and Solana. As blockchain assimilation continues its ascendancy, The Graph stands poised to develop as a formidable force within the decentralised data infrastructure sphere. The native cryptocurrency, GRT, assumes the role of incentivising node operators to index and facilitate data retrieval. 

### Injective (INJ)
Distinctly calibrated to serve as a foundation for DeFi (Decentralised Finance) applications, Injective Protocol has a plethora of features that equip it for this purpose, boasting interoperability, scalability, and security. INJ functions as the native token of the [Injective Protocol](https://injective.com/), a blockchain tailored for DeFi applications, rendering them open and interoperable. Spanning exchanges such as Binance, Huobi, and OKEx, the INJ token secures its standing in the crypto sphere. 

Key Takeaways: 

- Encompasses a diverse array of DeFi applications, spanning decentralised exchanges, margin trading platforms, and lending interfaces. 
- Presents a cost-efficient fee structure, bolstering accessibility to DeFi applications.
- Imbued with the robustness of the Tendermint PoS consensus mechanism, a testament to its security. 

If you are interested in using DeFi applications, then the Injective Protocol is a good option. It is a secure, scalable, and interoperable platform that offers a wide range of DeFi applications.


### Render Token (RNDR)

At present anchored on the Polygon blockchain, the Render Token may be subject to a network migration to Solana, an undertaking poised to enhance the efficiency of the [Render Network.](https://rendernetwork.com/) 

This platform nurtures the production of animation, motion graphics, and visual effects through a collaborative GPU rendering infrastructure, which channels idle GPU resources into rendering tasks. 

Functioning as an ERC-20 token, RNDR occupies the role of utility token, servicing payment obligations for rendering services on the Render Network. The engagement with RNDR tokens for task remuneration furnishes a mechanism wherein users stipulate their willingness to expend RNDR tokens for a given task, matched with a provider amenable to undertaking the task at the specified cost. 

### SingularityNET (AGIX)
A decentralised platform and global AI marketplace that enables anyone to effortlessly “build, share, and monetise” AI services. 

Native token AGIX token is used to pay for AI services and AI products on this marketplace, as well as to participate in the governance of the platform. The AGIX token is a valuable asset for anyone who is interested in the future of AI. It is a token that has the potential to appreciate in value as the [SingularityNET](https://singularitynet.io/) platform grows and develops. 

### Oasis Network (ROSE)
A blockchain platform built for DeFi, NFTs, and confidential computing which intends to preserve privacy. Its native token is ROSE. 


Key features include: 

- Uses a variety of privacy-preserving technologies, such as zk-SNARKs, to allow users to transact and interact with DApps without revealing their personal data. 
- Designed to be scalable, with the ability to process thousands of transactions per second. This makes it suitable for DeFi applications that require high throughput. 
- Designed to be efficient, with low gas fees. This makes it affordable for users to participate in DeFi applications. 
- Secured by a Proof-of-Stake consensus mechanism. This assists in making it resistant to attack and ensures that the network is fair and decentralised. 

The [Oasis Network](https://oasisprotocol.org/) is still under development, but it has the potential to be a major player in the DeFi space. Its privacy-preserving features make it ideal for applications that require sensitive data, such as healthcare and financial services. 

Can AI crypto projects make you rich? 

Finding a secure and user-friendly wallet is crucial for managing digital assets. One solution that has gained significant attention is Fantom Wallet. 

In this article, we will delve into the features, functionality, and pros and cons of Fantom Wallet, offering a comprehensive overview for crypto enthusiasts and investors. 

## Understanding Fantom Wallet 

Fantom Wallet is a cutting-edge [digital wallet](https://store.fantomwallet.com/) designed to securely store and manage cryptocurrencies, with a particular focus on the Fantom (FTM) ecosystem. It provides users with a streamlined and intuitive interface, allowing them to conveniently access, send, and receive FTM and other compatible tokens. 

## How does it work? 

This wallet leverages the power of blockchain technology to ensure the security and integrity of users' digital assets. 

It operates as a [non-custodial wallet](/news/article/is-a-non-custodial-wallet-for-me), meaning that users have complete control over their funds without relying on a centralised authority. This decentralised approach enhances security and eliminates the risks associated with third-party custody. 

With the Fantom option, users can generate and manage multiple cryptocurrency addresses within a single interface. Each address is secured by a unique private key, which is stored securely on the user's device. The wallet also supports hardware wallet integration, allowing for an added layer of protection through devices such as [Ledger](https://www.ledger.com/) or [Trezor. ](https://trezor.io/)

Transacting with this wallet is straightforward. Users can send and receive [FTM tokens ](/news/article/ftm-price-and-predictions)by simply inputting the recipient's address and desired amount. The wallet also supports the storage and management of other compatible tokens, expanding its functionality and versatility. 

## Pros and cons of Fantom Wallet 

Like any digital wallet, this option has its own set of advantages and limitations. Let's explore the pros and cons to help you make an informed decision: 

### Pros 

Security: This wallet prioritises security by enabling users to maintain control over their private keys. The wallet's non-custodial nature ensures that users are the sole custodians of their funds, minimising the risk of unauthorised access or theft. 

User-Friendly Interface: It boasts a sleek and user-friendly interface, making it accessible even for beginners. Its intuitive design and straightforward navigation enhance the overall user experience. 

Compatibility and Integration: The wallet supports a wide range of tokens, ensuring compatibility with various projects within the Fantom ecosystem. Additionally, it offers hardware wallet integration, allowing users to leverage the enhanced security features provided by these devices. 

Transaction Speed: Fantom is known for its high-speed transactions, and Fantom Wallet capitalises on this feature. Users can enjoy swift and seamless transactions, enhancing efficiency and usability. 

### Cons 

Limited Token Support: While this wallet supports a decent selection of tokens, it may not cater to the needs of users with a diverse portfolio. This limitation may require users to seek alternative wallets for managing specific tokens not currently supported. 

Relatively New Platform: This option is relatively new compared to some established wallet providers. Although it has gained traction and positive feedback within the Fantom community, some users may prefer to rely on more established wallets with a longer track record. 

## Additional features and the future 

In addition to its core functionalities, Fantom Wallet offers several noteworthy features that enhance its appeal to crypto users. 

One such feature is the ability to stake FTM tokens directly from the wallet interface. Staking allows users to earn rewards for playing a role in the network's consensus mechanism, contributing to its security and stability. 

Furthermore, this wallet provides a seamless bridge to interact with decentralised applications (DApps) built on the Fantom network. Users can conveniently access and engage with a wide array of DApps, ranging from decentralised exchanges to lending platforms, all within the wallet interface. 

Looking ahead, Fantom has exciting plans for future development of the wallet. The team behind it is actively working on integrating additional blockchain networks, expanding its compatibility beyond the Fantom ecosystem. This expansion will provide users with even more options for managing their diverse crypto portfolios. 

Moreover, the development team aims to continuously improve the wallet's user experience and security measures. They are dedicated to addressing user feedback and implementing new features that further enhance the overall functionality and convenience of this wallet. 

## Conclusion 

In conclusion, Fantom Wallet offers a secure and user-friendly solution for managing cryptocurrencies within the Fantom ecosystem. 

Its emphasis on user control and the integration of hardware wallets contribute to its overall security and convenience. While it may have some limitations in terms of token support and being a relatively new platform, it presents a compelling option for those seeking an efficient wallet solution for their Fantom and compatible tokens. 

Discovering Fantom Wallet: An efficient solution for secure crypto storage 

Online poker has always been a popular form of entertainment, but concerns surrounding fairness and security have often plagued the industry. Enter Blockchain Poker, a groundbreaking platform that used blockchain technology to address these issues head-on. 

Fans were stunned when the platform closed in December. In this article, we look back at what Blockchain Poker brought to the [online gaming](/news/article/what-is-gamefi) party. 

### What was Blockchain Poker? 

Blockchain Poker was an innovative online poker platform that leveraged blockchain technology to provide players with a transparent and secure gaming experience. 

Built on the Ethereum blockchain, it offered a decentralised environment that eliminated the need for intermediaries and ensured that games were provably fair. 

### How did it work? 

The platform operated on the principles of transparency and decentralisation. 

By utilising the Ethereum blockchain, it guaranteed that no alterations or manipulations could occur during gameplay. Smart contracts handled the distribution of funds, ensuring that payments were automated, secure, and tamper-proof. 

To participate, players needed to have an [Ethereum-compatible wallet](/news/article/best-ethereum-wallet). Once registered, they could deposit their desired amount of Ethereum into their wallet on the platform. This allowed them to join cash games, tournaments, and Sit & Go tables. 

The gameplay experience on the platform closely resembled that of traditional online poker platforms. The platform supported various popular poker variants, including Texas Hold'em and Omaha, with both cash games and tournaments available. 

The user-friendly interface and smooth gameplay made it a compelling choice for poker enthusiasts. 

### Was Blockchain Poker any good? 

The platform garnered a positive reputation among online poker players for its commitment to transparency and security. The use of blockchain technology ensures that every hand is provably fair, assuaging concerns about cheating or tampering. 

Furthermore, the platform's decentralised nature allowed players to retain control over their funds. Unlike traditional poker platforms that require users to trust a centralised authority, this one ensured that funds were securely stored in each player's personal wallet. 

This setup prevented the risks associated with central point-of-failure and provided greater peace of mind to the players. 

While the platform initially faced scalability issues due to Ethereum network limitations, the team behind this online poker offering continuously worked to address these concerns. As blockchain technology evolves and scales, it was expected that the platform would become even more robust and user-friendly. 

But that was before December… 

### Blockchain Poker closes 

On 12 December, 2022, the platform became the latest in a series of online poker sites to close its door. 

While play stopped on that date, the platform stayed open for withdrawals so players could get their funds back. 

It was not immediately clear why it had shut, although a [Reddit post apparently from the platform](https://www.reddit.com/r/poker/comments/zg5l6r/blockchain_poker_closing_play_ending_on_december/) offered some insight. 

The post claimed that Blockchain Poker had entered the space to help encourage the adoption of Bitcoin and that this goal had been achieved. It said crypto is 'here to stay' so the purposes of the platform had been accomplished. 

While this sounded like an honourable reason for closing the site, others pointed to regulation and competition as contributory factors. 

In its report, [beathefish.com](https://www.beatthefish.com/blockchain-poker/) pointed to licensing, competition, and technical issues as playing a role. 

It claimed that the fact that the platform was not licenced restricted its ability to operate in many jurisdictions. While some online poker sites operate with licences from places like Antigua and Curacao rather than specific US states, Blockchain Poker did not even apply for a licence in these locations. 

While this was a popular platform, the report continues, the emergence of others offering more games, better experiences, and more attractive bonuses impacted on the number of users of the ‘no frill’ Blockchain.Poker site. 

Finally, the report adds, it had become obvious that Blockchain Poker was not a sizeable operation, meaning there were technical issues that were not always fully addressed. The story pointed to complaints of frequent crashes and slow loading. 

### Exploring alternatives 

There are other notable platforms that offer cryptocurrency-based gameplay. 

[CoinPoker](https://coinpoker.com/): utilises its native cryptocurrency, CHP (CoinPoker Tokens), for all transactions. Built on blockchain technology, the platform offers a diverse range of poker variants, tournaments, and cash games, with an emphasis on the Asian market. CoinPoker's user-friendly interface and dedicated mobile app make it accessible for players on the go. 

[BetOnline](https://www.betonline.ag/poker): this well-established online gambling platform has integrated crypto as a payment option. While not solely focused on poker, BetOnline offers a comprehensive poker section that accepts popular cryptocurrencies like Bitcoin, Ethereum, and Litecoin. The site provides various formats, including cash games, tournaments, and Sit & Gos. Its reputation for reliability, extensive player pool, and enticing promotions make it a viable choice for cryptocurrency poker enthusiasts.

### Conclusion 

Blockchain Poker was undoubtedly a revolutionary step in the online poker industry with its transparent and secure approach. By leveraging blockchain technology, it provided players with unprecedented trust and fairness. While facing competition from other blockchain-based poker platforms, this site tried to continue to deliver a reliable and enjoyable gaming experience. 

However, the platform closed at the end of last year because it felt its job was done or due to other factors such as licensing, competition, and tech issues. 

Despite that, blockchain technology's use in online poker has a future. The integration of transparency and decentralisation has the potential to reshape the way poker is played, offering players a level playing field and enhanced security. 

Blockchain Poker: Reflecting on a Trendsetter

The cryptocurrency world is littered with slang terms that can confuse the uninitiated. One such term that has gained notoriety is "shitcoin". 

While it sounds unpleasant, understanding what it means is essential for all involved or interested in the cryptocurrency industry. In this article, I delve into the definition, implications, and controversies surrounding the term shitcoin. 

## Shitcoin: Decoding the term 

A shitcoin is a cryptocurrency that lacks value or credibility. Unlike well-established cryptocurrencies like [Bitcoin ](/news/article/bitcoin-forecast-2023)or [Ethereum](/news/article/ethereum-pow-price-prediction), shitcoins often don’t have a solid technological foundation, have little or no real-world utility, and are typically created with the sole purpose of making quick profits. 

Shitcoins are known for their volatile prices, susceptibility to pump-and-dump schemes, and a high risk of investment loss. 

## Characteristics of a shitcoin 

### Lack of Fundamental Value: 

Shitcoins often lack the technological innovation, underlying network, or practical use cases that define reputable cryptocurrencies. They may be created without a clear development roadmap, whitepaper, or experienced team, making them highly speculative investments. 

### Pump-and-Dump Schemes: 

Shitcoins are frequently associated with pump-and-dump schemes, where the creators or early adopters artificially inflate the price of the coin through misleading marketing or false claims. Once the price reaches a peak, holders sell their holdings, causing the value to plummet, leaving unsuspecting investors with significant losses. 

### Limited Liquidity and Exchanges: 

Due to their questionable reputation, shitcoins are often listed on lesser-known or unregulated cryptocurrency exchanges, limiting their liquidity. This lack of availability makes it difficult to sell or trade these coins, adding further risk to investors. 

## The controversy and impact of shitcoins 

### Market Volatility: 

The presence of numerous shitcoins in the cryptocurrency market contributes to its overall volatility. The sudden rise and fall of these low-quality assets can have a ripple effect on the entire market, affecting investor sentiment and leading to potential market manipulation. 

### Investor Protection Concerns: 

A shitcoin poses significant risks to investors, especially inexperienced or uninformed investors. Without proper due diligence, individuals can fall victim to fraudulent projects, losing their hard-earned money. The cryptocurrency industry's lack of oversight and regulation further exacerbates these concerns. 

## Reputational Damage: 

The prevalence of shitcoins has tarnished the overall reputation of the cryptocurrency industry. Scepticism and mistrust have become prevalent, hindering the widespread adoption of legitimate cryptocurrencies and blockchain technology. 

## Identifying and avoiding a shitcoin 

Before choosing to invest in any cryptocurrency, it is crucial to conduct extensive research. Evaluate the project's technology, team members, use cases, and long-term goals. Look for whitepapers, active communities, and partnerships to assess the legitimacy and potential of the coin. 

By adopting a cautious approach and being mindful of the risks associated with a shitcoin, investors can safeguard their assets and contribute to the long-term sustainability of the cryptocurrency market. 

Investing in well-established cryptocurrencies with a proven track record and solid reputation significantly reduces the risk of falling victim to shitcoin schemes. Coins like Bitcoin, [Ethereum](https://ethereum.org/en/), and [Litecoin](https://litecoin.com/en/) have stood the test of time and have a broad user base.

## Regulatory measures and industry efforts 

To protect investors and combat the proliferation of shitcoins, regulatory bodies around the world are taking action. 

Governments and financial authorities are implementing stricter regulations, such as KYC (Know Your Customer) and AML (Anti-Money Laundering) policies, to ensure transparency and accountability in the cryptocurrency space. These measures aim to weed out fraudulent projects and provide a safer investment environment. 

Within the cryptocurrency industry itself, efforts are being made to address the shitcoin issue. Community-driven platforms and forums actively engage in discussions, scrutinising new projects and raising awareness about potential scams. 

Additionally, reputable blockchain projects and industry leaders often condemn and distance themselves from the promotion or endorsement of shitcoins, aiming to protect the integrity of the ecosystem. 

## The role of investor education 

Amid the proliferation of shitcoins, investor education plays a crucial role in mitigating risks and promoting responsible investment practices. 

Understanding the fundamentals of blockchain technology, reading whitepapers, and staying updated on industry news can equip individuals with the knowledge needed to differentiate between legitimate projects and shitcoins. 

Furthermore, fostering a culture of scepticism and critical thinking within the cryptocurrency community is vital. Encouraging open discussions, sharing experiences, and highlighting red flags can collectively help identify and expose potential scams. 

Educational initiatives, online courses, and workshops dedicated to cryptocurrencies and blockchain technology are emerging to bridge the knowledge gap. By promoting financial literacy and empowering investors with the necessary tools, these educational resources aim to reduce the prevalence of shitcoins and foster a more informed and resilient investor community. 

## Conclusion 

In the volatile and rapidly evolving world of cryptocurrencies, a shitcoin serves as a reminder of the risks and challenges investors may face. 

While the term may sound derogatory, it reflects the need for caution and discernment in choosing investment opportunities. Understanding its implications is crucial for navigating the cryptocurrency industry. 

By recognising the characteristics and risks associated with a shitcoin, investors can make more informed decisions, protect their assets, and contribute to the overall growth and legitimacy of the digital asset space. 

The cryptocurrency ecosystem can continue evolving toward greater transparency and reliability through regulatory measures, industry efforts, and individual responsibility. 

poop emoji overlaying image of pile of cryptocurrency coins

Shitcoin: Understanding the controversial term 

In the fast-paced world of blockchain technology and cryptocurrency, a term gaining significant prominence is "blockchain analytics". 

As the blockchain ecosystem continues to evolve, so does the need for robust tools and methodologies to extract useful insights from the vast amount of data stored on the blockchain. 

## Understanding blockchain analytics 

Blockchain analytics is the process of gathering, interpreting, and leveraging data from blockchain networks to gain insights and make informed decisions. 

It involves using[ analytical tools and techniques](https://originstamp.com/blog/what-is-blockchain-analytics-and-how-does-it-work/) to dissect the data stored on the blockchain, enabling users to understand transaction patterns, identify trends, detect anomalies, and assess the overall health and security of the network. 

## Blockchain analytics in cryptocurrency 

Blockchain analytics is pivotal in the cryptocurrency ecosystem, addressing key challenges and providing vital information for stakeholders. 

It offers a comprehensive view of the transactions occurring on the blockchain, helping to enhance security, prevent fraud, and ensure compliance with regulatory frameworks. 

By analysing blockchain data,[ blockchain](/news/article/blockchain-for-dummies) analytics platforms can identify suspicious activities, detect potential hacks or breaches, and trace the flow of funds. This enables cryptocurrency exchanges, financial institutions, and regulatory bodies to implement robust security measures and prevent fraudulent transactions, safeguarding users' funds. 

It assists in ensuring compliance with regulatory guidelines by tracking and monitoring transactions. It helps identify illicit activities such as money laundering, terrorist financing, or other illegal transactions. This capability promotes transparency, trust, and accountability within the cryptocurrency ecosystem, fostering its mainstream adoption. 

## How it works 

Blockchain analytics leverages techniques including data visualisation, statistical analysis, and machine learning algorithms to derive insights from blockchain data. 

Platforms gather data from public blockchain networks, such as Bitcoin or Ethereum, which are stored as blocks. These blocks contain transactional information, including sender and receiver addresses, timestamps, and transaction amounts. 

Once the data is collected, it is visualised in a meaningful way using graphs, charts, and other interactive visual representations. This enables users to explore the data, identify patterns, and better understand the blockchain network's dynamics. 

Tools employ sophisticated algorithms to analyse individual transactions and their relationships. By linking transactions, patterns can be identified, and clusters of related addresses can be formed, providing valuable insights into the flow of funds. 

Address clustering is a technique used in blockchain analytics to group multiple addresses that belong to the same entity. This helps to identify the ownership of wallets and track the movement of funds across the blockchain. 

[Machine learning](https://www.techtarget.com/searchenterpriseai/definition/machine-learning-ML) algorithms are crucial in this field, enabling the detection of anomalies, prediction of future trends, and identification of potential risks. These algorithms continuously learn from historical blockchain data to improve their accuracy and effectiveness. 

## Benefits of blockchain analytics 

There are multitude benefits extending beyond security and regulatory compliance. They include: 

### Improved Business Efficiency: 

Blockchain analytics provides valuable insights into transactional data, allowing businesses to optimise their processes. By understanding transaction patterns, companies can streamline supply chains, identify bottlenecks, and improve operational efficiency. 

### Market Intelligence: 

It enables businesses to gain a competitive edge by monitoring market trends and customer behaviour. By analysing transactional data on the blockchain, companies can identify emerging market opportunities, track the adoption of specific cryptocurrencies, and make data-driven decisions to stay ahead in the ever-evolving crypto landscape. 

### Risk Mitigation: 

The cryptocurrency market is inherently volatile, and investors face various risks. Analytics platforms assist investors by providing risk assessment tools and market indicators. By analysing historical data and market trends, investors can make informed decisions, mitigate risks, and manage their portfolios more effectively. 

### Network Optimisation: 

The methodology helps network operators optimise their infrastructure. By studying transactional data and network activity, operators can identify bottlenecks, enhance scalability, and improve the overall performance of the blockchain network. 

### Compliance and Auditing: 

In addition to regulatory compliance, analytics from blockchains aid in auditing and financial reporting. With transparent and traceable transactions on the blockchain, businesses can streamline auditing processes, ensure accurate financial statements, and provide stakeholders with increased transparency and trust. 

## The future 

As blockchain technology matures, analytics are poised for significant advancements. 

With the increasing demand for privacy in the blockchain space, efforts are underway to develop [privacy-enhancing techniques](/news/article/private-blockchains) within blockchain analytics. These techniques aim to balance privacy and transparency, allowing users to protect their personal information while benefiting from the insights provided. 

As blockchain networks evolve and become more scalable, the ability to perform real-time analytics on blockchain data will become crucial. Real-time analytics would enable businesses and stakeholders to monitor transactions, detect anomalies, and respond swiftly to emerging trends or security threats. 

Integrating blockchain analytics with artificial intelligence (AI) and the Internet of Things (IoT) holds immense potential. By combining the power of the methodology with AI algorithms and IoT data, businesses can unlock new opportunities for automation, predictive analytics, and smart contract applications. 

## Conclusion 

As the technology advances, blockchain analytics will continue to evolve, offering new capabilities, privacy enhancements, and integration opportunities. By leveraging the power of this methodology, businesses and individuals can confidently navigate the complexities of the blockchain landscape and stay ahead in this transformative digital era. 

Blockchain Analytics: Unlocking Insights

Bitcoin Bank has become popular among cryptocurrency traders, offering a hands-free trading experience with its advanced features and market analysis tools. 

In this article, you will find an exploration of what it is, how it works, its pros and cons, and provide insight into its legitimacy. 

## What is Bitcoin Bank? 

Bitcoin Bank is a leading cryptocurrency trading platform that uses machine learning (ML) enabled tools to analyse market trends and predict price movements. 

The platform operates 24/7, providing users with real-time market data and technical analysis patterns to facilitate informed trading decisions. With its automated trading functionality, the platform executes trades on behalf of investors according to their predefined settings, making the trading process more convenient and potentially profitable. 

Despite the platform's claims, it is essential for investors to conduct thorough due diligence before engaging with this crypto trading option. While it promises a hands-free trading experience, evaluating the accuracy and reliability of its ML-enabled tools is crucial. 

## Who created the platform? 

There is no information available about the founders on the official website. This lack of transparency raises some concerns. 

It is worth noting that third-party sources claim the involvement of high-ranking investors, although these claims lack substantial evidence. Therefore, potential users should exercise caution and carefully assess the platform's credibility before engaging. 

## Pros and cons of Bitcoin Bank 

Compared with competitors, this platform offers several advantages and disadvantages for traders to consider: 

### Pros 

- Hands-free trading without manual intervention. 

- User-friendly interface with 24/7 availability. 

- No deposit and withdrawal fees. 

- Claims to have a 99% success rate. 

- Provides 24/7 customer support. 

### Cons 

- Requires a minimum deposit of $250. 

- Lack of information about the founders. 

While the platform offers appealing features, the high minimum deposit requirement and the lack of transparency regarding the its founders may deter some potential investors. Conducting thorough research and considering the associated risks are essential before making any investment decisions. 

## How does Bitcoin Bank work? 

The platform utilises advanced trading techniques and ML-enabled tools to analyse market conditions and generate trading suggestions. 

The platform's interface resembles other popular crypto trading platforms, providing users with a familiar and intuitive experience. While specific details about its internal workings are not extensively disclosed on the website, it is recommended that potential users explore the platform's features and conduct independent research to fully understand its functionality. 

As this is an unregulated platform, users are required to exercise caution and understand the potential risks involved in crypto trading. While it claims a 99% success rate, market volatility remains a significant factor that could impact trading outcomes. 

## Features of the platform 

This crypto option offers notable features designed to enhance the trading experience. These include: 

### Affordable Platform 

The site asserts that it does not charge fees for trading activities and does not take commissions from investors' profits. However, users should consider that partner brokers may charge for services such as account management. 

### Demo Account 

The platform provides a demo account option to familiarise traders with the its mechanics before engaging in live trading. The demo account offers a risk-free environment for users to practice and understand the platform's features. It is important to note that access to the demo account requires an initial deposit of $250. 

### Supported Cryptocurrencies 

The platform supports various major cryptocurrencies, including Bitcoin, [Bitcoin Cash](/news/article/buy-bitcoin-cash-uk), [ZCash](https://z.cash/), Ethereum, [Ethereum Classic](https://ethereumclassic.org/), [Binance Coin](/news/article/trading-bnb-to-gbp), and more. 

This broad selection allows users to diversify their portfolios and mitigate risks associated with single cryptocurrency investments. 

## Is this platform legit or a scam? 

The platform's legitimacy remains a subject of concern due to the lack of transparency regarding its founders and the limited concrete evidence supporting its success rate claims. 

While no definitive proof is classifying it as a scam, potential users should exercise caution and perform thorough research before investing significant funds in the platform. 

## Getting started 

To start using the platform, follow these steps: 

Create an Account: Visit the official website and complete the registration process by providing your email, full name, and phone number. Once initiated, the support team will reach out to provide further guidance and information. 

Deposit Funds: Deposit a minimum of $250 into your Bitcoin Bank account to initiate trading. The platform offers multiple payment options for convenience. 

Start Trading: After funding your account, the platform's internal mechanics will scan the markets and provide trading suggestions. It is recommended to utilise the demo account first to familiarise yourself with the platform. Bitcoin Bank allows users to withdraw funds at any time by logging in, accessing the official account, and clicking the "Withdraw" button. The platform states that it may take up to 24 hours to process withdrawal requests. 

Users should consider potential risks associated with cryptocurrency trading and the unregulated nature of the industry. It is advisable to withdraw funds before deleting your Bitcoin Bank account, as account deletion also removes any associated funds. 

## Conclusion 

In conclusion, Bitcoin Bank offers a hands-free trading platform with advanced features and ML-enabled tools. 

However, potential users should exercise caution, conduct thorough research, and understand the risks involved in cryptocurrency trading. By doing so, users are better able to make informed decisions about their investments. 

Bitcoin bank logo on yellow image of bitcoins

Understanding Bitcoin Bank

Technological developments, such as those involving the financial and payment systems that help streamline how we do things, have also led to a significant rise in scams related to sensitive data breaches like card payments. To protect users' sensitive data against cybersecurity threats and losses, governments and institutions can choose between encryption and tokenization to increase security, protect their data-at-rest and curb threats. 

Read on to understand the concept of tokenization, its benefits, and how it works. 

## Let’s define tokenization 

In simple terms, tokenization is a fraud-prevention mechanism that safeguards private, sensitive information in plaintext using a scrambled token. Once scrambled into a token, you can’t undo the process to return the information to its original state. Instead, the token replaces the original data during transactions.    

Banking and financial institutions, [real estate firms](/news/article/tokenized-real-estate), and regulatory agencies are among the sectors that heavily rely on the procedure. The mechanism can conceal important information, such as credit card details and social security numbers, to prevent hackers from accessing them. Nonetheless, you shouldn't get worried: even if a hacker managed to steal the tokens, which they often do, the information they steal is entirely worthless to them. 

The technology substitutes all your crucial details with non-specific randomly generated IDs known as tokens whenever you supply payment information at the point of sale (POS). The tokens are designed to have no direct or explicit relationship between your personal details and the resulting token. For example, if your debit card number is 1234-478-244-3241, it could be converted into a shorter tokenized value like B%@7f6%3fhTu. 

## The use of tokens from days past  

While tokens have been used over the years to replace valuables – such as casino chips to replace money - they entered the digital age in the 2000s. Beginning during the 1990s, when the use of computers gained popularity, collecting and storing critical information such as legal names, addresses, phone numbers, social security numbers, and bank account numbers by organizations became the new standard - companies collecting such data stored it to use for various purposes. 

Still, if hackers succeeded in moving past protective walls, they entered the databases and carted away the sensitive data to use for their criminal enterprises.   

As time has passed, the technology hasn't changed dramatically. It has become the go-to system for companies and regulatory agencies that still collect and similarly store critical data. 

[TrustCommerce](http://web.archive.org/web/20010405203446/http:/trustcommerce.com/billing.html) introduced a new paradigm in 2021: a method for banking institutions to collect sensitive data used for recurrent payments from their clients but release tokenized details linked to a client’s account to be used for subsequent transactions. Instead of exposing the vital data over and over again in the open, the token would ensure all secondary transactions were secure.   

## How tokenization technology works 

This technology transforms pieces of sensitive, valuable, and usable data such as credit card details and replaces them with surrogate data known as a token that's still usable but much harder to steal. 

The data is stored securely at a centralized location for future reference and requires strong safeguards. Tokenization is an integral part of blockchain technology as it involves issues like: 

- Fungible tokens: Having identical values that are interchangeable. 

- [Non-fungible tokens](/news/article/non-fungible-tokens): Without similar value representing ownership of digital data, real estate, or art.  

- Governance tokens: Tokens representing voting rights on blockchain systems 

- Utility tokens: Giving users access to various services and products on specific blockchains. 

Modern society recognizes two main categories of tokens. First are the front-end tokens people create when signing up for most online services. The problem with these tokens is that the user must understand how to make them and how they work if they're going to succeed. 

Next is the back-end model, where tokens are created automatically, and tokenization occurs before identifiers are shared with other systems. 

The following simple steps are required in token creation for both models: 

### Creation  

No computer program or algorithm scrambles the data. Instead, the system uses internal rules to replace some of your data set's numbers and letters. Alternatively, some tokens are selected randomly from a spreadsheet containing indiscriminate numbers and letters. 

### Replacement 

The token replaces the original sensitive data, meaning you'll never have to enter it again. The system only transmits the token through online channels. 

### Storage 

The system scrambles your sensitive data with some encryption and stores it in a vault. 

Let's imagine you're going to make an online purchase. When signing up for the service, you most likely were required to input data like your credit card number, name, expiration date, CVV code, or bank account number. 

The merchant's website takes this information and issues a token that sits within your gadget, perhaps your smartphone. The merchant's payment gateway is designed so that the POS matches the token against the debit card number, which is unintelligible to anyone else, including the merchant. Every time you use the payment processor's app to make an order, the token completes the transaction, leaving your account information intact within the vault. 

## Benefits of using tokenization 

The processes involved in tokenization may sound more complicated than storing data in the traditional ways, but it comes with some tangible benefits for businesses, including: 

### Security 

It doesn’t matter if any criminal intercepts a token in transit in an unsecured network. There’s no way anyone can reverse-engineer the tokenized information, and it’s therefore useless to them. Whether they intercept data in transit on the internet or when it comes to tokens that are impossible to decrypt, attacks stop before they start. 

### Speed 

Tokens facilitate automation, making completing transactions faster, which can be beneficial, especially in [blockchain](/news/article/blockchain-for-dummies) or crypto-based industries.  

### Regulatory compliance 

Nowadays, industries like healthcare, payments, banking, and insurance that handle sensitive customer data are required to prove they safeguard sensitive data. Using tokenization is a surefire way to ensure they avoid facing heavy penalization. 

## Tokenization vs. encryption 

Unlike encryption systems, where anyone with a secret key can decipher encrypted data, tokenization systems link original data to a token. Still, there’s no way anyone can decipher tokenized data to reveal the initial input. Encryption pushes raw data through an algorithm, and a key can be used to reverse the process. However, tokens don’t have keys, meaning you can’t decrypt the tokenized message. 

## Tokenization and peace of mind 

While tokenization is not yet a legal requirement in any jurisdiction, most banks and merchants consider tokenization a serious fraud-prevention technology. 

Coming at a time when cyber-attacks and data breaches are the cause of concern in an increasingly digitalized world, any company dealing with sensitive customer information had better consider using tokenization technology to enjoy unparalleled peace of mind. 

When used correctly, the technology will conceal all sensitive customer data within a business's systems, liberating you from forever updating in-house IT department firewalls and worrying 24/7 about potential customer data leaks. 

Tokenization and its Importance Explained

The play-to-earn blockchain gaming market remains one of the relatively undiscovered crypto earners with much potential. Despite what seems to be a dropoff in interest in blockchain gaming, new games are still coming on stream. One of these games is the League of Kingdoms, introduced into the market in 2021. 

## The League of Kingdoms concept 

League of Kingdoms is a multiplayer, play-to-earn crypto game based on gathering rewards via the conquest of lands and resources of other players. The plot of the game will remind you loosely of the Game of Thrones TV series. 

The game is all about building kingdoms and expanding these kingdoms. This will involve forging key alliances as you progress. You earn from unlocking new levels within the game and conquering other territories to expand your kingdom. 

The user starts with basic resources and has to deploy skills and intellect to harness new resources to build the structures that eventually form the castles that make up the kingdom's buildings. You must work on these until your kingdom's buildings become more formidable and better fortified. You will eventually unlock new resources to build an army that can partake in conquests to expand the realm. You will have to battle other players, and these will sometimes involve forming alliances to defeat bigger enemies. 

Ultimately, the scope of the wars expands. As showcased in the game's final levels, players from various continents battle to secure territory. This is indeed a league where kingdoms are made. At each point of conquest, successful players receive digital assets as rewards. Some of these rewards include the governance token of the project. 

The game is available on smartphones and PCs and remains worth playing even as the crypto winter persists. Please check the [latest UK NFT tax rules](/news/article/nft-tax-uk-rules-explored) if you want to play the game for money. 

## How to play 

The game is free to join and play. However, you will need access via your fractal wallet. The "Connect Wallet" option exists at the top right of the game's website so you can connect your wallet to plug into the game. Metamask and [Trust Wallet](https://www.g2.com/products/trust-wallet/reviews) are just two of several wallets that give you access to the game's interface. 

There have been complaints that the game has bugs and that the developers do not provide the best customer service. If you face these challenges, you may need to contact them via the Discord channel. 

pink image of league of kingdoms metaverse game logo.

League of Kingdoms: Worth Playing in 2023?

Web3 is the next level of all things internet, where the blockchain plays a very active role. While Web3 is yet to sink fully into global consciousness, former Twitter CEO Jack Dorsey has come up with a very ambitious idea for what he calls "Web5". 

Many people need clarification, especially as there is no Web4 yet, and Web3 is not even in full operation. So what is Web5 all about? 

## Origins of the Web5 concept 

Dorsey's concept aims to give the user complete control of personal information and data, a form of self-sovereignty. According to Dorsey, Web5 is to become an extra-decentralized web platform whose core tenets are: 

- Decentralized web nodes, which are used for messaging and data storage. 

- Verifiable credentials. 

- Decentralized, self-owned identifiers. 

A critical look at the core tenets shown above indicates that they are similar to what Web3 seeks to achieve. Besides, the entire concept is not inventing anything new. It seeks to tweak the existing web architecture to rid it of the big-money players who serve as venture capitalists funding the Web3 apps. This becomes obvious from the tweets that announced his TBD project, which is set to run on his new extra decentralized network. 

The tweet in question showed the phrase "RIP Web3 VCs" in brackets, in an apparent reference to his loathing of the involvement of venture capitalists in many [Web3 projects](/news/article/uquid-web3-integrates-with-polygon). 

The lack of a remarkable novelty in Web5 has drawn the ire of many stakeholders. Some have taken issue with this unilateral capture of the Web5 name, given that all previous web versions (Web1 and Web2) were clearly defined and assigned their nomenclature via a global consensus of stakeholders and only after they were in operation. 

For instance, Web1 is the first version of Tim Berners-Lee's world wide web, which was marked by a race to produce the best web browsers and th[eir fundamental workings before social media became a thing. Web2 became known as ](http://radar.oreilly.com/archives/2005/10/web-20-compact-definition.html)Web1 + social media or the so-called social web in which the internet is a platform that spans connected devices, as elucidated by Tim O'Reilly in 2005. Web3 incorporates distributed ledger technology and its products into the workings of Web2. Gavin Wood, founder of Polkadot, in 2014 developed this concept when he was Ethereum's Chief Technology Officer. Dorsey's Web5 remains a project in development, and there is nothing on the ground that can be used to assess his utopian tenets. 

## Should Dorsey’s Web5 concept be trusted? 

It is my opinion that the concept of Web5 should show a clear addition to whatever work has gone into bringing the internet to where it is today, which is at the Web3 stage. It should not be a case of an individual abusing his influence in the space to appropriate the concept without clearly showing what improvements to Web3 his project is bringing to the table. 

Dorsey presided over a company, Twitter, with its fair share of criticisms. One of its most ardent critics has been Elon Musk, who bought the company and took control of its leadership. Musk has variously criticized the opacity surrounding the verification processes Twitter uses to ensure ads are not delivered to bot accounts. Dorsey never really came clean on how the company handled such matters. There have also been complaints about the rather one-sided censorship it applied to those seen to be opposed to the company's liberal ideology in the last years of his tenure. 

With such a history, one wonders if Dorsey's Web5 is just a marketing gimmick or a genuine attempt to improve on Web3. Does he have the moral compass to be at the forefront of a version of the web he says will promote extra decentralization? Time will tell. 

blue image of jack dorsey and number 5 balloon

Should Dorsey's Web5 Concept Be Trusted?

Crypto gambling is gaining momentum quickly owing mainly to the privacy it inspires and the significant earning potential from crypto prize pools. There are several trusted crypto casinos on the market today, each with pros and cons. 

Before depositing crypto into a Bitcoin (BTC) casino, you must consider many factors. First, you must know what a crypto casino is. 

## What is a crypto casino? 

A casino can be one of the best places to be! That said, I do not advocate reckless spending of money at a casino - you should only 'invest' what you can [afford to lose](https://brendanbeeken.com/can-money-buy-happiness/). Winning at a casino is a matter of both luck and skill. 

Online casinos generally offer more consumer protection, as you can play [your favourite slot machines](https://brendanbeeken.com/making-money/), blackjack, and roulette games from the comfort of your home computer, device, or phone, with the option to set spending restrictions. You can also regulate the time you spend on a platform. 

A crypto casino is an online gaming platform that accepts crypto deposits. Now, this has its advantages and disadvantages. Depositing in crypto eliminates KYC/AML regulations. No 'records' of your spending activity can be directly traced to your bank account. 

Associated fees are on the lower side, and jackpots are significantly higher than in other online casinos. Of course, all of these 'goodies' come with potentially drastic drawbacks as well. 

Let's examine the pros and cons of crypto casinos in detail. 

## What are the advantages of gambling at a crypto casino? 

The pros of crypto gambling include: 

- Absolute financial privacy: Some crypto casinos offer complete financial privacy, while others restrict your privacy depending on the cryptocurrency you deposit on the platform (Bitcoin deposits, for example, will unlock greater privacy). 

Financial privacy equates to financial freedom, as records of your activities at such institutions are not documented by banks or credit agencies. This means you can gamble in peace, away from prying eyes - but please, always be responsible. Do not get rekked! 

- Low fees: Compared to other online casinos, crypto casinos charge significantly lower fees. When you think of a traditional casino website, deposit, withdrawal, and credit card fees come to mind. 

Transferring cryptocurrencies like Bitcoin and Litecoin (LTC) from a crypto wallet to a Bitcoin casino, for example, is cost-effective and saves time - the best of both worlds. 

- Play from anywhere, literally: The gambling industry is heavily regulated, and rightly so. Online casinos must acquire a licence of operation and ensure their activity is legal in each country they provide their services. 

Additionally, taxes, fees, and suspicious activity must be reported at the earliest. Players from restricted countries are likely to be blocked, even if they use a VPN to access the website (bank/credit card transfers will reveal your identity eventually). 

This is not the case with crypto casinos. You can deposit and withdraw cryptocurrencies from almost anywhere and use a VPN to hide your location. You can gamble anonymously. Mind you, ONLY indulge in crypto gambling on a licensed website. 

- Lucrative bonuses: Using cryptocurrencies helps crypto casinos save on chargeback, deposit, and payout fees. These savings allow institutions to offer better bonuses and more frequent promotions. Bonus sizes, therefore, result from avoided costs rather than some scammy scheme. 

Many of these pros may lead to daunting cons. Let us dive into them. 

## What are the disadvantages of crypto gambling at a casino? 

Listed below are the cons of crypto gambling: 

- Lack of regulation can come back to haunt you: Online casinos should be licensed. If they are not, they will cease to exist in no time. This means that they must abide by KYC/AML regulations. Owing to fiat currency circulation, governments, financial institutions, and banks are actively in the loop. 

Cryptocurrency operation, however, can be done without a licence. This means no governmental agency or traditional financial institution is reported to. 

- No chargebacks: An online casino only accepts payment via bank transfer, credit card deposit, or other traditional fiat deposit methods (like PayPal or Google Pay). As part of the traditional finance system, these gambling institutions must deal with chargebacks. 

This means you can request your credit card provider, for example, to execute a chargeback, leading your gambling operator to help recoup your funds. This is in case you feel scammed or there is proof of wrongdoing on the part of the online casino. 

Owing to the lack of a financial intermediary when it comes to deposits in a Bitcoin casino, you cannot request a chargeback. This means you must be extra vigilant and place your trust in only the best of the best. Do not click on scammy links! 

- Cryptocurrency price volatility: When you win when gambling on an online casino in GBP or USD, your funds are safe from extravagant price fluctuations. That may not be the case when you are crypto gambling. 

If you win in BTC, for example, you may wake up to see that the cryptocurrency's price has fallen significantly. Be extra careful when cryptocurrency gambling and withdraw your winnings immediately. The last thing you need is price fluctuations eating into your profits. 

If you keep in mind the above cons of crypto gambling, the switch from traditional gambling to crypto gambling may not be a tough one, especially considering the many advantages of indulging in the cryptocurrency side of things. 

When you are looking for a crypto casino, there are points to keep in mind. 

## What you should look for in a crypto casino 

To have the best crypto gambling experience, look for these things when considering a crypto casino: 

- Always opt for licensed crypto casinos: Unlicensed casinos [may offer more lucrative bonuses](https://brendanbeeken.com/cryptocurrency-regulations/) and promotions, but they come with greater risk. Remember that you cannot fall back on a third-party institution to help you if you are scammed. You are your own boss. 

- Seek the best overall experience: Some casinos offer better experiences and features than others. 

When considering crypto casinos, look at restricted countries, the number of accepted cryptocurrencies, customer care, provably fair games, payout and withdrawal terms and conditions (including speed of action), the number of available games, and VIP bonuses and programmes. 

- Anonymity: If you are looking for an anonymous experience, perform due diligence and choose the best option. Keep in mind the above two points to stay on the safer side. 

- Additional safety controls: Crypto casinos that allow you to control spending limits and monitor the amount of time you spend on the platform are not just looking to earn money but actually care about their customers. In an industry where customer well-being is often overlooked, look out for yourself. 

Now that you know what crypto casinos are, everything about choosing one, and the pros and cons, it is time to explore the best cryptocurrency gambling websites in the business today. 

## Top crypto casinos 2023 

Mentioned below are the best crypto casinos in 2023: 

- Stake: Best overall cryptocurrency casino experience. 

- Cloudbet: Fantastic crypto welcome bonus. 

- BC.Game: A gamified VIP programme experience makes it stand out. 

- Bitcasino.io: The best user experience in the business. 

- Bets.io: Anonymous crypto gambling? Here is your best bet (pun intended!). 

- Thunderpick: Where innovation and cryptocurrency gambling meet. 

- Metaspins: The best customer care at your service. 

## Stake 

 ![Stak website homepage screenshot](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_03_31_at_14_14_28_d4075b3ea4.png)


Founded in 2017 with a Government of Curacao licence, [Stake](https://stake.com/) is one of the more well-rounded crypto casinos on this list. 

Stake offers more than 100 [cryptocurrency deposit options](https://brendanbeeken.com/top-10-crypto/) such as Bitcoin, Ethereum (ETH), Litecoin, Dogecoin (DOGE), and Ripple (XRP), more than 1,000 casino games, an active community, and multiple languages of operation. 2FA safety is another important point of consideration, as well as lucrative promotions. 

The website comes with an attractive user interface (UI). To create an account, click the Register Instantly button, enter your email address and date of birth, and create a username and password. Agree to their terms and conditions and click on the Play Now button. 

 ![stake sign up form screenshot](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_03_31_at_14_13_31_d764257204.png)


Alternatively, you can register via Facebook, Google, LINE, or Twitch. If you do not own crypto, fiat deposit options such as debit/credit card, Google Pay, and Apple Pay are also available. 

While Stake offers frequent, amazing promotions, there is no welcome bonus, which is odd. Other sports betting websites may offer better odds than Stake on major sporting events. In terms of payout details, fees, and restrictions, it is difficult to determine how Stake operates. 

## Cloudbet 

 ![Cloudbet website screenshot](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_03_31_at_14_12_16_46ce7d4983.png)


https://www.cloudbet.com/en/) is one of the best crypto casinos in the business and offers an amazing BTC welcome bonus. If you deposit up to 5 BTC, you will receive an unmatched welcome bonus, which is hard for rivals to match. Founded way back in 2013, Cloudbet also holds a Curacao licence. 

You can deposit numerous cryptocurrencies, such as Bitcoin, Ethereum, Dogecoin, Bitcoin Cash (BCH), Tether (USDT), and Polkadot (DOT). In terms of community support, the crypto exchange offers a whopping 17 languages of operation, including English, Spanish, German, Italian, French, Russian, and Japanese. 

To register, simply enter your email address and create a password. You can register via Google, Facebook, and GitHub as well. 

With a beautiful UI, provably fair games, a secure website, thousands of slots including more than 50 live tables, a rather impressive sportsbook, exotic betting options, and withdrawals within 10 minutes, Cloudbet is a good cryptocurrency betting option. 

That said, Cloudbet has a fair share of cons, including limited details of operation (fees, restrictions, and payout details), the VIP programme being invite-only, and a potential handling fee for deposits. 

## BC.Game 
 
![BC Game website screenshot](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_03_31_at_14_08_47_3231994b5b.png)

Looking for a promotion-driven crypto gambling experience?[ BC.Game](https://bc.game/) has your back. At the time of writing, BC.Games offers 15 promotions. Its welcome bonus is outstanding. New players will receive a bonus of up to 270% on their first deposit, which may go up to 360% by the time they make their fourth deposit! Neat. 

Founded in 2017 with a Curacao operation licence, you can deposit hundreds of cryptocurrencies and take advantage of the service in numerous languages. The website comes with a light and dark mode, a simple layout, and, most importantly, a provably fair selection of casino games. 

That said, the lucky spin game is not provably fair. Given that it is a ‘lucky’ spin, you will not [lose any money](https://brendanbeeken.com/should-i-invest-in-crypto/), so try it regardless! To register, simply enter your email address/phone number, create a password, and agree to their terms and conditions. 

One of the standout features of the gambling provider is the ability to exchange altcoins for Bitcoin, Ethereum, or Dogecoin. This means that you can play with a wide selection of crypto assets! BC. Game’s VIP experience is among the best around. 

## Bitcasino.io 

 ![bitcasino.io website screenshot](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_03_31_at_14_07_22_ae4d8b95e3.png)

[Bitcasino.io](https://bitcasino.io/), or Bitcoin Casino, is an interesting option for crypto gambling. As soon as you open the website, a popup will appear on the bottom left of your screen, requesting you to connect your MetaMask wallet to the website. This will enable you to log in, deposit, and withdraw, all from one place. 

Bitcasino.io has the simplest website of the options reviewed so far. You can log in with MetaMask or Google. Alternatively, you can create an account by creating a username and password. Google Authenticator 2FA is available, making website login a secure experience. 

The crypto gambling provider was founded in 2014 and, surprise, surprise, holds a Government of Curacao eGaming licence. Bitcasino.io claims to be the first of the licensed crypto casinos. I cannot verify whether this is true. 

The welcome bonus is quite attractive, to say the least. 

 You will receive 20% cashback on your deposit! Bitcasino.io has a sound customer service reputation. That said, if you want to ask a customer representative questions before registering, this is not possible. You can access a list of FAQs instead. 

You can deposit cryptocurrencies such as Bitcoin, Ethereum, Litecoin, Tether, and Cardano (ADA). Fiat deposit options are dependent on your region. The cryptocurrency casino has a solid Loyalty Club, so do check it out. 

Other pros include more than 3,000 casino games, by far the largest selection on this list, and many active promotions. The provider's sportsbook odds disappoint, though. Compared to prominent crypto gambling and online gambling providers, the odds on offer are on the lower side. 

Bitcasino.io is not an anonymous gambling website. For anonymous gambling, check out [Bets.io](Bets.io). 

## Thunderpick 

 ![Thunderpick crypto casino website screenshot](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_03_31_at_14_04_16_8877eadfab.png)


This brings us to the final crypto casino of the discussion, [Thunderpick](https://thunderpick.io/en/). Apart from having a cool name, the gambling provider does pack a punch. The crypto eSports betting website is an innovative colossal. 

Registered as recently as 2017 under a Curacao eGaming licence, while Thunderpick’s website may not speak of innovation, its offerings sure do. Starting from the registration process, it is quite easy to sign up. 

Simply enter your email address, create a password, agree to their legal terms and privacy policy, and click the Join button. You can deposit cryptocurrencies such as Bitcoin, Ethereum, Ripple, Tether, Bitcoin Cash, and BNB. The crypto gambling website is available in seven languages. 

With the craze for eSports reaching feverish heights of late, Thunderpick is one of the best websites for eSports crypto gambling. Popular tournaments for games such as League of Legends, Dota 2, Valorant, Rainbow Six, Kings of Glory, and Overwatch are covered, with impressive odds. 

At the time of writing, 212 eSports events are covered, with mesmerising promotions to back up your gambling prowess. If you are not interested in eSports, the sportsbook offers good odds, and there are many casino games to choose from with good promotions. 

Thunderpick is one of the best crypto casinos for prize pools, with lucrative daily prize drops. Along with promotions and prize pools, a well-crafted rewards scheme is in place. The games at Thunderpick are provably fair and, importantly, there is an option for responsible gaming restrictions! 

This is very important if you think you may have a gambling addiction. I urge you to explore this option and consider Thunderpick for this feature alone. With nearly 2,000 slots, an active betting community, exotic casino offerings, and a VIP membership programme with insane perks, it is hard to look beyond Thunderpick. 

## Crypto casinos conclusion 

On a final note, DYOR at all times, stay safe, and choose a crypto casino that best meets your gambling needs. Have fun! 



Crypto Casinos 2023 Review

BitVestment is an investment service that offers users a trading robot to trade the digital currency markets. Put in other words, BitVestment is an app for automated trading of the cryptocurrency markets.

The world of cryptocurrency trading is less than ten years old. The need for software to perform several functions will continue to grow for a market that continues to evolve. Some of this software is already being used in more established markets, like forex.

Forex robots for retail forex trading have been around since the mid-2000s and have become a market staple. But the use of trading robots in the crypto market remains patchy and not very popular. There has been more investment in [gaming robots and the GameFi ecosystem](/news/article/top-blockchain-projects-2023) than in the development of trading robots. 

BitVestment is one of the first attempts to bring automated trading to the retail participants of the digital currency market. Here is a review of aspects of this service, so that traders know what they are getting with this product.

## A summary of trading conditions on BitVestment

The table below summarises some of the essential trading conditions of the service. Not much is indicated on the website about how to register for the service and what using the service entails. This is why it is necessary to highlight some of the important trading conditions you will encounter before and after registering for the service.

![Screenshot 2023-03-22 at 09.38.58.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_03_22_at_09_38_58_6732062eef.png)

## How BitVestment works

The BitVestment app has to work on a trading account to produce results. You will receive login information and the codes to activate the app, let it work on the account for some time, and hopefully, turn a profit. Usually, you will be assigned a preferred broker on which the app works as part of the process. It is presently still being determined how much the BitVestment app costs and whether a profit-sharing agreement caters to the compensation of the app's owners.

The BitVestment service requires all prospective users to provide their details on the online form of the home page to request more information about the product. This is so that the company will not breach the regulations regarding disseminating marketing information on CFDs for crypto assets. These are part of more comprehensive regulations first issued in 2018 under the European Securities and Market Authority (ESMA). The Financial Conduct Authority is the UK's financial regulator and, under ESMA until Brexit, adopted several of those recommendations. So you have to consent to be sent information on the BitVestment app.

After filling out the online form on the home page, you will be directed to the Thank You page, where you will take several steps to set up your account. This is where you will open an account with a compatible broker, where your copy of the Bitinvest app has been set up.

The first step is a phone call verification and setup process. You will receive a call within 30 minutes of completing the form from Monday to Friday during business hours. You also have the option to reschedule the appointment if the timing is not suitable.

Once you complete phone verification and setup, the next phase is to fund a trading account with any of the preferred brokers/exchanges listed on the page. This will require a money deposit, serving as the capital with which the BitVestment app will trade.

## Registering with BitVestment

When you decide to trade with BitVestment, you can follow these steps to access the service.

1.	Fill out the form on the right-hand side of the home page, as shown below.

2.	Once you have completed the form and sent it, you will be directed to a "thank-you" page containing the steps required for activating the service.

3.	Receive the call from the team to confirm your identity and to pass the phone number verification.

4.	Choose the preferred broker in the next step and fund your account with the required amount.

5.	You can use the demo account option to test out the app before subscribing to the live account service.

## Pros and cons

There are pros and cons to the BitVestment service. These are listed below.

### Pros

•	Trading is done by the robot in an automated fashion, relieving the trader from the responsibility of analysis and trading.

•	There is no cost attached to using the software.

•	Any deposits made remain your money, and you can end the service and withdraw your funds whenever you want.

•	The automated nature of the trading app gives new users a shorter curve for earning from the market.

•	The service is accessible to all traders irrespective of your country of domicile. There are no restrictions whatsoever.

### Cons

•	The software is relatively new and there needs to be more data on the long-term performance of this software.

•	The service appears unregulated, meaning investors will not qualify for the FCA's investor compensation scheme.

•	Customer support is minimal, and there needs to be more channels to reach the team behind the product.

## BitVestment app features

Here are some features you will encounter when using the BitVestment app.

•	Informative website
Even if you eventually do not sign up for the service, the website is a compendium of trader education. It presents write-ups and articles on various trading topics, all of which will enhance the quality of information available to the trader on how trading works.

•	Quick sign-up process
The sign-up process on the BitVestment website is simple. The online form is strategically placed on the right side of the home page. It only requires the user to submit a few pieces of personal information before moving on to the next steps.

•	User-friendly interface
There is very little the trader is expected to do on the trading portal, except to activate the software for trading to start or deactivate the app for trading to stop. The trader retains the power to determine when the app trades.

## Costs of using the service

Trading on the cryptocurrency market usually attracts maker/taker fees. From our analysis of the BitVestment service, these are the only fees traders will incur. There is no separate cost to using the BitVestment app and no trading commissions. There are also no account maintenance fees.

This would prompt questions on how the team behind this app makes money. A commission structure between the team and the exchange/broker allows the team to earn from trading activity rather than from a cost applied to the software.

![Screenshot 2023-03-22 at 09.39.10.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_03_22_at_09_39_10_557e8a4d44.png)

The only other fees that may be incurred are the network confirmation fees payable for all crypto deposit and withdrawal transactions. These are determined by the miners who validate the transactions.

## Customer support

Customer support for this app is minimal. The only way to reach out to the team behind BitVestment is to use the online contact form on the website. There are no emails, phone numbers, or social media contacts, making it hard to get proper support if you experience issues with the service. This is a huge minus.

![bitv.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/bitv_6894050551.png)

## BitVestment minimum deposit

The website featuring the app does not stipulate what the initial deposit into the account you will open with the preferred broker is. 

However, trading is an activity where you need money to make money. It is a game of numbers where the higher you invest, the higher your rate of return could be. The general template would be for an initial investment of 500 units of currency (dollars, pounds, euros, or USDT).

![bitv2.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/bitv2_5636ec3a49.png)

## Is BitVestment a scam?

Before a product can be classified as genuine or labelled as a scam, sufficient evidence must support either claim. The evidence must come from verified users who have used the product for an appreciable length of time and have either lost money or had some other unsavoury experience. Even [investment banks have been fined](https://www.cnbc.com/2019/05/16/eu-regulators-fine-five-banks-for-forex-rigging.html?&qsearchterm=forex) several times for scammy behaviour, but they still operate as usual.

There is little information to make any claims of authenticity or otherwise. The site is relatively new, and there are no notable user complaints so far. Where there have been, there is no evidence that such persons are verified users. The fact that the BitVestment team did not make any outlandish claims on the website makes it more challenging to have a benchmark by which the service can be gauged.

At this time, it is hard to say if this service is a scam. However, as with all investment types, you are advised to only trade with money you can afford to lose and do your due diligence not just with the site, but with the preferred brokers whose platforms will be used for the investment.

## Conclusions about the service

BitVestment is a passive investment service that allows traders to apply its trading app to their accounts with listed partner brokers, aiming to earn from trading the cryptocurrency market. In addition to this app, the website also serves as a compendium of resources for trader education. The site also claims to have a trading forum through which investors on this app can network with each other, even though evidence of its existence is sketchy.

While the service being advertised appears laudable, several deficiencies have been noticed. A lack of an effective customer support system is a huge minus, given that we are at an age where information and digital communication is everything. A site of this magnitude should boast at least ten communication means, not just a simple online form.

You must try out this service with a demo account option and subscribe to the live trading platform with funds you can afford to lose. The site did not display any trading history to show the service's profitability. Even if there was, you must understand that past results do not indicate future outcomes.

We recommend only going live with this service after you have tested it with a demo and a small live account. You should also check out the preferred brokers listed on the site to ensure you can withdraw funds when needed.

## FAQs

Here are some frequently asked questions regarding the BitVestment service.

### What is BitVestment?

BitVestment is an automated trading app that provides subscribers with automated trading of the cryptocurrency market.

### How does BitVestment work?

You register for the service by filling out a form and depositing funds with a broker whose platform is pre-configured with the trading app.

### Is BitVestment a scam or legit?

The service is relatively new. As of now, there are no scam reports online. However, the software does not have enough history to determine if it is 100% genuine.

### What currency does BitVestment accept?

Cryptocurrency deposits in USDT are accepted. Your location will ultimately determine how you can fund your account.

### How can I join BitVestment?

You must complete an online form and fulfil the requirements in the next stage of the process to gain access to the service.

### Who owns BitVestment?

The owners of BitVestment are not known, as the website does not provide this information. This appears to be a common practice with developers of such products.

### Are there any country restrictions on trading with BitVestment?

There are no restrictions on who can open an account with BitVestment, no matter your country of origin. However, you still need to pass the broker’s KYC checks to be allowed to trade.




blue image of bitvestment logo on pile of bitcoins

BitVestment App Review 2023 

You may have heard of the blockchain-based Fireblocks platform. 

Fireblocks platform is a product created for the crypto market to move and manage institutional assets. So what is this platform all about?
Most of what you may have experienced as a crypto market trader or investor is buying and selling crypto assets on a small scale. A small-scale crypto investor may be trading with funds that range from a few hundred to tens of thousands of dollars.

When crypto investments break the seven-figure barrier, this marks a transition from a small-scale operation to an institutional-scale one. At the institutional level of investment, you cannot keep operating with the same tools as the small-scale, retail-level traders. It would help if you had a resource that guarantees better security, better pricing for your trades, and more robust tools to manage such enterprise-level investments. This is where the Fireblocks platform comes in.

Fireblocks is a platform that provides you with enterprise-grade resources to move and manage your digital assets securely.

The large sizes of institutional crypto portfolios require the brokers/exchanges handling their business to offer something beyond the regular. Several factors constitute risks in the crypto market.
The first is the system of storing digital assets. Crypto assets are held on exchanges or in self-custody wallets with private keys. The two systems are fraught with risks.

Exchange-held assets are highly vulnerable because they are stored in online/hot wallets. Hackers are no longer the only threat to exchange-held tokens. Recent events such as [the collapse of FTX](https://brendanbeeken.com/ftx-collapse/) and [Celsius](/news/article/celsius-bankruptcy-judge-order) have shown that exchanges run by inexperienced hands with limited compliance and internal controls are as much a risk as a hacking team.

Self-custody wallets require that the owner of the assets secures the wallet with a private key. If the key is misplaced or compromised, the assets are lost forever.

Another requirement for institutional crypto investors is a robust trading environment that presents the user with professional tools that are not accessible to anyone else. For instance, institutions are very keen on risk management and prefer using platforms that provide market-neutral trade types.

As will be discussed later, the MPC proprietary protocol used in designing the institutional-grade wallets on Fireblocks also enables trades to be made up to eight times faster than the industry average. If you trade huge volumes, you must split up your trade sizes to get good executions without altering the market price too much. Having ultra-fast transaction speeds compensates for the inability to push out all orders simultaneously, and the MPC protocol guarantees this.

## Digital asset operations you can perform on Fireblocks

a)   Deposits and withdrawals using MPC wallets
Multi-Party Computation (MPC) wallets are considered more secure than traditional crypto wallets as they utilize a system of wallet key management that allows multiple parties to simultaneously perform various cryptographic-based functions without revealing their inputs.

This means there is no single point of failure (such as losing your private keys) as with traditional wallets. Fireblocks is one of the pioneers of this technology. As an institutional player, you cannot pin the security of your massive crypto holdings to the existence of a private key. Considering that billions of dollars in crypto assets have been lost forever due to the misplacement of private keys, you would know that this is a big deal.

b)  Trading with liquidity providers and trading venues
Trading on an institutional basis requires a direct connection to liquidity providers. This level of trading is equivalent to wholesale trading because the liquidity required at this level is enormous. This large liquidity base enables institutional traders to get the best possible pricing and the cheapest spreads. The Fireblocks platform provides direct market access to liquidity providers, trading desks, and counterparties. This connection also provides access to a round-the-clock settlement of trades for more than 400 tokens across over 30 major exchanges.

c)  Perform various account analytics functions
Fireblocks also allows you to view various asset storage analytics. For instance, you can view your digital assets in offline vaults, exchanges, or in fiat accounts. You can also view your account inflows and outflows and check your open/closed trades and positions.

d)  Speedy transfer of digital assets to and from centralized exchanges
Another vital function required to effectively manage institutional crypto assets is the ability to move funds in and out of an exchange to a non-custodial wallet. Typically, institutional digital assets account for most fund outflows from centralized exchanges during market turbulence.

Whenever there is a market upheaval, the crypto market witnesses a large volume of outflows from centralized exchanges to private wallets. The UST collapse, FTX collapse, and the [bankruptcy of Celsius led to net outflows from centralized exchanges](https://blog.chainalysis.com/reports/personal-wallets-institutional-crypto-adoption-self-custody-defi/). Institutional funds accounted for 68% -77% of these outflows.

The reason is not far-fetched. Capital preservation and risk management are at the heart of institutional-level investment operations. To protect capital during a market downturn, there has to be a secure pathway to move these large volumes of digital assets.

The Fireblocks platform offers this secure environment. Its connectivity with several exchanges ensures that such movement of funds can be done simultaneously, securely, and speedily.

## Fireblocks Conclusion

Enterprise-level crypto portfolio management requires a more robust approach than what is obtainable in the retail segment of the market. Upgraded encryption, advanced cryptography that eliminates a single point of failure, and a secure system for conducting the industrial-scale movement of digital assets between exchanges and non-custodial wallets are a must. Fireblocks has provided a one-stop shop for institutional-level clients' needs.

The Fireblocks platform serves hedge funds, neobanks, PSPs, exchanges, prop traders, and lending desks. The platform supports all ERC-20 tokens and assets on the Binance Chain and the Avalanche network. You have to initiate the connection process by requesting access via the online form on the website.


fireblocks logo on image of blockchain with blue filter

Blockchain-Based Fireblocks Platform Explained

Is it possible to make a Fantom crypto price prediction for 2025? This article takes a look.

The [Fantom project](/news/article/fantom-gbp) was launched as a scalable blockchain network capable of supporting various decentralized applications (DApps), enterprise blockchain applications, and decentralized finance (DeFi) projects. One of the issues that Bitcoin and some of the earlier tokens had was the inability of validators to process and confirm transactions speedily. Fantom solves this issue using the DAG-based consensus algorithm that allows lightning-fast transaction speeds even with the heaviest transaction volumes.

The Fantom token (FTM) quickly became one of the highly sought-after tokens when it was listed on significant exchanges in March 2021. By August 2021, it began a three-month meteoric rise to a high of $3.48.

Then came the Omicron variant of COVID-19 in November 2021. Fantom took a heavy tumble along with the rest of the crypto market, falling to as low as 19 cents in December 2022.

Since that near appointment with the July 2021 all-time low of 15 cents, Fantom's pairing with Tether has risen 160%. But even at that, the price remains below 50 cents, a mere 14% of its August 2021 all-time high.

For a project which has vastly expanded its ecosystem and has been snapping up partnerships with several companies operating in the DeFi space, its current price of 45 cents looks like a steal. While putting a price tag on the 2025 price of the FTM/USDT pair is not realistic, it is hard to see the FTM token remaining at 45 cents until that time.

## Fantom's product base

Fantom has an extensive product base that cuts across several blockchain ecosystems. With more than 300 DApps and more to come, Fantom has the fundamentals of a blockchain product with use cases already working in the marketplace.

Here are some of the applications in partnership with or integrated into Fantom:

1.	DEXs: Fantom provides the functional backbone of several decentralized exchanges. Curve Finance, 1inch, SpiritSwap, OpenOcean, Sushi, Solidly, and OrionTerminal are just a few decentralized exchanges currently running on the Fantom blockchain.

2.	NFT platforms: Fantom also powers NFT platforms such as PaintSwap, NFTKEY, Opera House, and Artion.

3.	Cross-chain bridges: REN, Multichain, SpiritSwap, and SpookySwap are cross-chain bridges where Fantom forms a powerful component.

4.	Lending and borrowing platforms: Fantom also features prominently on lending/borrowing platforms such as Geist, Alpaca Finance, Homora V2, and Qidao.

5.	GameFi: Several blockchain gaming networks, such as Metaland, Raiders, Fantom Survivor, and PocketPals, are built on the Fantom network.

## Fantom crypto price prediction 2025

One factor that will determine the Fantom crypto price prediction for 2025 is the ability of Bitcoin to make a move to recover its 2021 highs. 2025 is two years away. This provides for a long-term outlook for the FTM token.

Fantom has, over time, shown a high positive correlation to Bitcoin, and in the last two years, its price moves have followed that of Bitcoin. For instance, the uptick in Bitcoin prices in January 2023 was also seen in Fantom. February's slight pullback on Bitcoin was also reflected in Fantom's price.

When Mt.Gox collapsed in 2014, nearly everyone believed that the long-awaited demise of Bitcoin had finally arrived. But Bitcoin has not only survived, but it has thrived. Indeed, the crypto market has pulled through at least two severe market downturns.

Markets operate in cycles and tend to follow established chart patterns. To understand how markets work, we need to take a lesson from the Dow Theory of price action, which explains why the financial markets behave the way they do.

The Dow Theory describes three trends: primary, or major, secondary, and minor. Each trend type is formed by the one below it. In other words, the minor trends comprise the secondary trends, which combine to form the primary trend.

Each major trend has three phases:

•	accumulation.

•	public participation.

•	panic/distribution.

The accumulation stage is when the institutional players acquire the token in large numbers. This is usually a quiet event and not in the public glare. In the crypto market, some websites track the movement of cryptocurrencies from the institutional/high net-worth traders, the so-called whales.

One of these is WhaleAlert, which details the net inflows/outflows of cryptocurrencies between wallets and exchanges. Typically, accumulation is marked by a net inflow of stablecoins, such as
Tether, into exchanges, which are used to purchase Bitcoin, Ethereum, Fantom, and other coins in large numbers. These are then sent to non-custodial secure wallets, manifesting as exchange outflows. Sadly, many people who will later jump into the market at the other two stages do not have this information.

After accumulation reaches a tipping point, the asset's price will rise, triggering the public participation phase. By this time, the public has become aware of the latest "hot" token and started to buy into the upside move. Most of the time, the purchases are done to go with the flow and do not come with any prior research to guide the purchase.

Some public participants will be lucky to profit from the move, but most will not because they keep carrying their assets to the next stage.

The stage of distribution is when the major players who accumulated earlier start offloading their holdings. The attendant price reversal usually catches out many who entered the move at the public participation stage. The steep drop in price generates panic among them, and they start to sell massively, usually at a loss.

As they sell, the assets' supply keeps rising, and prices keep falling on the back of dwindling demand. Usually, the accumulators would already have sold off and are waiting in the wings for prices to become cheap once more to resume their accumulation.

Every financial market showcases these phases. If you look at the price action of the crypto market from 2015 to date, you will see the three phases in the price action.

![ftm1.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/ftm1_1bdf9883f9.png)
 
BTC/USD chart: 2015 to date

Now, look at the chart of Fantom from its March 2021 launch to date. At what stage do you see the market now, considering that the last accumulation phase occurred just below the current market price? We leave that to you to decide.

![ftm2.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/ftm2_c1a9de2d27.png)
 
FTM/USDT chart: 2021 to date

Now here is a caveat: there is no single price level that is suitable for accumulation. Most institutional players do not buy all their tokens at once or at a single price point. Their portfolios are made up of purchases made at various times and also done using techniques such as [dollar-cost-averaging](https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&cad=rja&uact=8&ved=2ahUKEwj3ssPA_bv9AhXBhP0HHdl9A1gQFnoECBkQAQ&url=https%3A%2F%2Fwww.investopedia.com%2Fterms%2Fd%2Fdollarcostaveraging.asp&usg=AOvVaw2Yhbe1Jj-357NrAA5gByik) to reduce the unit cost of purchasing their tokens. So even though the price of Fantom is at 45 cents, some will buy at 50 cents and later buy at 21 cents. The most crucial point is that the accumulation occurs at a specific price range close to previous lows for the asset in question.

## Technical analysis of the FTM/USDT pair

The technical analysis of the Fantom token's pairing with the Tether stablecoin (which represents the US dollar) will look at the long-term picture of this pair. The time frame that reflects the long-term outlook is the monthly chart. However, we have shown the daily chart as it shows the key price levels better.

![ftm3.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/ftm3_7a753d65ef.png)
 
FTM/USDT (daily chart)

The price action formed a double top, indicating that the uptrend stalled in November 2021. Following this topping pattern, the price broke below the dip between the tops (neckline) and continued to drop until it formed a bottom at the $0.180452 price mark. In technical analysis, the distance between the neckline and the top is about the same as the neckline to the bottom. If you had followed this perspective and bought into the low of December 2022, you probably would have seen your capital grow by 160%.

Fantom's price hit a high of $0.658, the site of a previous high formed in May 2022. Having hit this level, the FTM/USDT pair could not continue the climb, as its correlated asset Bitcoin had hit a roadblock close to the $25,000 price mark.

It is not humanly possible, nor is it advisable, to start making specific price projections two years in advance. However, we can use previous highs and lows to derive potential support/resistance targets that lie ahead when the price starts to recover.

Here is a hint: the Omicron variant's emergence was behind the drop in crypto prices in November 2021. However, a new factor took over in mid-2022, and that was the start of the interest rate hiking cycle by the US Federal Reserve. The rise in interest rates made USD-denominated assets attractive, to the detriment of risky assets such as emerging market currencies, stocks, and cryptocurrencies. If the Fed stopped hiking interest rates, USD-denominated assets, such as the Tether stablecoin, would be unattractive and bring the appeal back to risky assets. You may use any signal by the Fed that it would slow down its rate hikes or stop them entirely as a fundamental, predictive signal that could spur the market's recovery.

There is a basis for this assessment. The Fed announced in December 2022 that it would reduce the size of its rate hikes from 75 basis points. It followed this hint by hiking interest rates by only 25 basis points. This triggered the recovery in the prices of Bitcoin and its correlated assets, such as Fantom, prompting bullish Fantom crypto price predictions for 2025. However, inflation has started to tick back upwards, which could delay a tapering of the rate hikes. The price action of cryptos in February mirrored this, which explains why we had a pullback in the price of FTM/USDT from the $0.658 price mark.

## Where does Fantom crypto price prediction 2025 point to?

Rather than focus too far ahead, traders should use what they see on the charts and in the news to decide when to enter. Fantom is one of those projects with outstanding potential for price appreciation in the long term due to its fundamentals. With a platform that keeps expanding its client base and sound fundamentals, demand for Fantom will only keep growing.

Further price appreciation will depend on the ability of the FTM/USDT pair to breach the resistance at $0.658. Upside targets in the near term would lie at $0.876 and $1.157. Any further advance would require a neckline break, with $1.646 being the next upside target. $1.978 lies ahead, as it was the site of a previous high on 1 March 2022.

You must understand that any upticks will not automatically shoot up like rockets. Instead, there will be the ebbs and falls in the wave motion of price action, as defined by the Dow Theory nearly a century ago.


green image of fantom logo overlaying image of trading screen

: Fantom Crypto Price Prediction 2025

No stranger to controversy, Madonna, who's been turning heads for more than 40 years on matters of entertainment, business, and sexuality, is at it again. In partnership with the artist Mike Winkelmann of the Beeple NFT fame, she's lately released a series of NFTs.

## Madonna embraces blockchain

Pop superstar Madonna's entry into the world of non-fungible tokens (NFTs) last March 2022 caught many fans by surprise. She forked out 180 ETH, worth a whopping $560,000 at that time, for a tattooed NFT ape from the Bored Ape Yacht Club ([BAYC](/news/article/bayc-derivatives-explored)) digital art collection. 

Later, in May 2022, the musician released the first Madonna NFT series titled the “[Mother of Creation](https://motherofcreation.xyz/)". The series comprises three digitally rendered videos showcasing a nude woman giving birth to fauna, flora, and technology.

The digital artwork resulted from a year-long partnership between her and Mike Winkelmann, also known as Beeple. Winkelmann made the headlines in 2021 with his Everydays: the First 5000 Days, which fetched $69.9 million at Christie's and set the NFT space on fire. 

## What is the Madonna NFT collection?

The "Mother of Creation" is an exclusive collection containing only three single-edition NFTs. The digital artist and pop/sex symbol is using the videos, showcasing three different motherhood-inspired aspects of life to celebrate motherhood. The Madonna NFT videos give audiences a full-frontal view of the pop star's avatar lying in a hospital bed, forest floor, and rusted vehicle, giving birth. Each of the NFTs is paired with her poetry or that by Rumi, a mystic poet. 

The NFTs are named:

1.	Mother of Nature: The first Madonna NFT, depicting her lying on a laboratory bed delivering a tree that blooms as soon as it comes out of her body, focuses on plant life.  

2.	Mother of Evolution: The second NFT depicts her naked in a run-down city while sitting in some modified vehicle. In the video, her legs are open, and butterflies emerge from her body – the NFT focuses on animal life.

3.	Mother of Technology: The third NFT showing Madonna stark naked and lying in the middle of a forest shows a series of bionic centipedes moving up and down after protruding from her vagina, focusing on technological advancement.

## A provocative NFT collection with a cause
 
To the casual observer, the Madonna [NFT collection](/news/article/are-nfts-dead-investigation) is peculiar but mostly seen as provocative. However, for those in the know, both the theme and execution of the videos are consistent with the character and style of Madonna and Beeple. The amorousness depicted has characterized Madonna’s decades-long musical and artistic career, while the weird renderings speak loudly of Beeple’s typical artwork.

Asked about the provoking nature of her NFT project, Madonna told [New York Times](https://www.nytimes.com/2022/05/09/arts/design/madonna-beeple-nft-videos.html) that the theme was deliberate and wasn't simply "provocative just for the sake of provocation". According to the pop diva, the centipedes and butterflies she gives birth to in the videos symbolize hope and technology.    
  
## Conclusion 

Despite the backlash and initial criticism from the community following the launch of the Madonna NFT collection, the Mother of Creation NFT series fetched more than $600,000. While it may be a far cry from Beeple's $69.9 million, Madonna intimated that proceeds from her NFTs would benefit three non-profit organizations working for women and children. They are the Ukraine-based Voices of Children Foundation, the Congo-based City of Joy Foundation, and Black Mama's Bail Out.

Beyond being a source of entertainment, Madonna’s NFTs indicate that celebrities and charities can, through the [sale and auctioning of NFTs](/news/article/are-nfts-dead-investigation), secure funds for organizations and movements supporting significant causes.


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