Biticodes is a crypto trading bot marketed as the most accurate AI auto-trading software in the crypto industry. Its site further states that it is designed to give users the best trading experience and apply the most sophisticated trading strategies.

Is all this just marketing lingo, or does the bot deliver?

## How it works

[Biticodes](https://biticodes.com/) uses high-speed artificial intelligence algorithms to look for trading opportunities and place trades on behalf of users. Users only have to monitor its performance once in a while to ensure everything is working well.

It is also not entirely autonomous. Biticodes can be customized to a user's needs. It can, for example, be tweaked to trade based on a trader's strategy and risk tolerance.

## Key features

There are a few notable features that enable the Biticodes bot to stand out.

•	Speed: It is powered by the Biticodes quantum machine designed to make quicker and more efficient trading decisions. It is faster than any human trader.

•	Multi-asset platform: Users can trade many digital assets, including the most popular cryptocurrencies like Bitcoin, [Ethereum](/coins/eth), Solana, Cardano, and XRP.

•	Demo account: There is a demo account for investors who wish to test its capabilities before committing any funds.

•	Personal account manager: Each user, after registration, gets a dedicated personal account manager to help with any inquiries or when they get stuck.

It also features high security, advanced risk management tools, and 24/7 customer support.  

Users must part with a minimum of $250 to access the platform. There aren’t any other charges. Members can withdraw funds at any time. There are many withdrawal options.

According to its site, it is compatible with all devices, including desktops, mobile, and tablets.

## Is it a scam or a legit bot?

There are many things to like about Biticodes. However, there are a few things that raise concerns about its legitimacy. Some of them include;

## The promise of high returns

According to its site, it claims 96% proven accuracy. Also, 94% of its users have seen instant profits. Users see a profit of $500 to $1,500 daily, depending on how much time they spend on their accounts. Its claimed high success rate is a red flag.

The crypto market does not guarantee any returns, let alone high returns. The market is highly volatile, making it highly unpredictable.

## Questionable legitimacy

Most of the articles that review the platform question its legitimacy. There are a few positive reviews on its site, but some reviewers have quickly pointed out that they may be fake. The platform is best approached with a lot of caution.

## Final word

Biticodes appears to be a good crypto trading bot, considering all it offers. However, its exaggerated high success rate and proven rate of accuracy are things about which to worry. The platform requires extensive research before considering using it. Its demo account should be the first destination for anyone who wants to test its capabilities without spending any money.



Biticodes Review: Legit or Scam?

## FTX UK warning - not authorized to operate in United Kingdom, warns FCA

A notification about FTX exchange's UK operations has been issued by Britain's Financial Conduct Authority (FCA). The statement said that FTX, one of the world's largest crypto exchanges, is not authorized to operate in the UK.

[The statement](https://www.fca.org.uk/news/warnings/ftx), first published on 16 September, 2022, said the FCA believed FTX might be providing financial services or products without authorization. It further stated that the firm is not authorized by the FCA and is targeting people in the UK.

Referring to FTX UK operations, the statement added that "almost all firms and individuals" who offer, promote, or sell financial services in the UK must be registered. When asked about the notice, a spokesperson of the exchange told [Bloomberg ](https://www.bloomberg.com/news/articles/2022-09-19/uk-regulator-issues-warning-on-crypto-exchange-ftx-to-consumers?sref=3REHEaVI)that they were aware of the FTX UK statement by the FCA. They also noted that among the contact info listed about the exchange, the phone numbers were incorrect, indicating a scammer might be impersonating it. 
On 19 September, 2022, Sam Bankman-Fried, the firm's CEO, [tweeted](https://twitter.com/SBF_FTX/status/1571877868963233792?s=20&t=v-X6cbEyYbmN__tYUB-R2A), reiterating that a scammer was impersonating the platform in the UK by phone. In the tweet, he stated that the exchange will never call anyone by phone and provided links that allowed access to the platform.

As of 14 October, the FCA has updated its warning against the platform to exclude the phone numbers believed to be tied to scammers. However, the regulator still warns UK citizens against engaging with the platform as it is unauthorized to operate in the country.

The statement warned UK citizens about engaging with unauthorized firms. Those who engage with unauthorized firms will not be able to access the Financial Ombudsman Service that settles disputes between companies and individuals.

There will also not be protection under the Financial Services Compensation Scheme (FSCS). If anything goes wrong and they lose their funds, they might not be able to recover the money.

## About the exchange

Launched in May 2019, FTX is a multibillion-dollar crypto exchange and trading platform owned by Bankman-Fried. It is incorporated in Antigua and Barbuda and headquartered in the Bahamas.

It has more than a million users worldwide and is available in many countries. While it is not available in the US, among other countries, it offers US citizens its services through FTX US.

The firm is not the only crypto asset firm to be put in the spotlight by Britain’s regulator for conducting business in the UK without authorization. [Binance](/news/article/guide-to-binance-uk), another major global crypto exchange, has been issued several warnings by the regulator about its activities in the UK. On 7 March, 2022, the firm was warned against undertaking any regulated activities in the UK without their written consent.

So far, only a few crypto asset firms are authorized by the regulator to operate in the UK. They include Gemini, Kraken, and Crypto.com.

FTX UK Warning from FCA

Neo is an open-source and decentralised smart contract network launched as Antshare in 2014 by Erick Zhang and Da Hongfei. It rebranded to Neo network in 2017, after the launch of its mainnet in 2016.

As a smart contract network, it enables developers to build decentralised applications (dApps) for various uses. It also features other services, including oracles, domain name service, decentralised file storage, and an identity system.

## NeoContract

[NeoContract](https://medium.com/neo-smart-economy/a-deep-dive-into-neovm-neocontract-e470c2c3afb0) is the blockchain’s [smart contract](/news/article/smart-contracts-blockchain) system. It is independent and helps with transaction validation, token sales, and the development of dApps. It consists of;

•	NeoVM: A decentralised virtual machine where smart contracts are executed.

•	NeoContract APIs: Sets of interfaces that enrich smart contracts with practical and powerful functionality.

•	Software Development Kit (SDK): a combination of applications and plugins that ease the development process of smart contracts.

Neo network’s smart contracts stand out because developers do not need to learn a new programming language to create them. Developers can use a variety of common programming languages, including C#, Java, and Python to create the contracts.

## Consensus mechanism

The Neo network is secured by the delegated Byzantine Fault Tolerant (dBFT). This consensus mechanism works more or less like the delegated proof of stake (DPoS).

How it works is that dBFT employs a real-time voting system that determines the nodes to create the next block on the blockchain. Holders of the blockchain’s token stake or lock up a portion of their coins to vote for the consensus nodes that will create blocks and get the block reward.

## Tokens

The blockchain has two native tokens, NEO and GAS. NEO has two uses, with more on the way. Holders can use them to vote for various changes. The tokens can also be used to claim GAS. Staking NEO allows holders to get a portion of the block reward paid in GAS. GAS is used to access the network’s services.

Both tokens have a max supply cap of 100 million coins. According to Coinmarketcap, there are currently [70,538,831](https://coinmarketcap.com/currencies/neo/) NEO coins and [10,128,375 GAS coins](https://coinmarketcap.com/currencies/gas/) in public circulation.

Each NEO coin, as of writing, is worth $8.85 and ranked 65th largest cryptocurrency by market cap. Each GAS coin is worth $2.29 and is ranked the 553rd largest cryptocurrency by market cap. Both coins are available for purchase in many exchanges, including major ones like [Binance](/news/article/binance-staking), KuCoin, and OKX.

Neo offers a lot to its users. Its services, which range from smart contract functionality, oracles, and domain name service, to decentralised file storage, enable it to be a great blockchain-based service provider in the crypto space. With the N3 upgrade on the way, the network is poised to get even better.


Neo Network: China’s Ethereum

The Merge event saw Ethereum upgrade to a Proof-of-Stake (PoS) network. It took place on September 15th, 2022, and came with many benefits, including lowering the blockchain's carbon footprint. 

Before it took place, the highly anticipated event had many within the crypto community concerned about its effect. Many NFT holders were worried about how the upgrade would affect the NFT space, not just its users.

## The Merge NFT impact 

A lot of positive things are to be expected after the Merge. According to the Ethereum Foundation, the update should lower Ethereum's energy consumption by 99%. 

Switching to PoS means the blockchain will no longer rely on energy-intensive mining hardware. Instead, it will depend on validators to validate transactions.

Less energy demand means its users can finally mint and sell NFTs in a sustainable environment. Maintenance cost for NFT projects is expected to reduce significantly. The upgrade might also see more users use the protocol to mint and sell non-fungible tokens.

Many investors had previously avoided using the network due to its negative environmental impact. Blockchains using the [proof-of-work](https://www.forbes.com/advisor/investing/cryptocurrency/proof-of-work/) consensus mechanism have been criticised, especially among environmentalists, for their high energy consumption rate.

In 2021 while still operating as a proof-of-work blockchain, some estimates of Ethereum's annual energy consumption found it to be around 26TWh, which was what Ecuador, a country of 17 million people, consumed a year.

With the network utilising the PoS consensus mechanism, investors who are kept away due to its energy consumption rate have no reason to do so.

## Pre-Merge Support

Several NFT projects had declared support for the upgrade even before the Merge. OpenSea, the largest NFT marketplace, said it would only support the PoS blockchain after the update. 

Not all ETH holders supported the update. Several network participants wanted the blockchain to remain a proof-of-work blockchain. There were concerns about hard forks that could lead to duplicate NFTs. OpenSea maintained it would not support any fork after the upgrade.

Yuga Labs and Proof also declared support for the upgrade. Proof also said it would not support or recognise any fork made post-merge. Yuga Labs is the creator of the famous Bored Ape Yacht Club, while Proof is responsible for the valuable Moonbirds project.

The projects' stand on the update helped clear a lot of confusion that would have arisen after the network upgrade, considering the possible rise of forks.

Ethereum's transition to a PoS blockchain enables it to make up where Solana and Polygon outshone it. The blockchains had staking as an advantage over Ethereum. 

However, with the update, the blockchain has one less thing to work on (high gas fees) to continue to dominate the NFT space. 
 


The Ethereum Merge impact on NFTs

Blockasset is an NFT platform and marketplace that seeks to bridge the gap between athletes and their fans. Launched in July 2021 and built on the Solana blockchain, Blockasset offers fans a place to access exclusive athlete-verified NFTs, among other services.

## How it works

[Blockasset](https://www.blockasset.co/) works by connecting verified athletes with their fans. Fans get to buy verified NFTs directly from their favourite athletes. They also interact with the athletes and see their careers blossom through their listed NFTs.

The platform, unlike others, features a tier system that helps with how fans interact with athletes and its content. The three tiers include the following;

•	Legends: They include fully authenticated NFTs produced and backed by some of the greatest sports personalities of all time, including Mohammed Ali, Wayne Rooney, and Mike Bisping. 

•	Moments: these non-fungible tokens represent a unique highlight moment in an athlete’s career. 

•	Gaming: These NFTs power several Play-to-Earn (P2E) sports games.

Legends are the first NFT collection to drop on the marketplace. They have some unique perks, which include giving their holders access to the Legends Club on Discord with exclusive athlete AMAs.

Other perks include regular rewards like signed memorabilia, meet and greets with athletes, and sporting trips worldwide.

## Native Token

Blockasset has a native utility token called $BLOCK. The token has a variety of use cases. They can be used for staking to earn rewards, airdrops, marketplace discounts, and in Blockasset’s games. 

$BLOCK holders can also use them to boost their NFT listings, win a VIP experience with athletes, reduce fees on NFT purchases, and get early access to live events. The tokens have a max supply cap of 200 million.
The platform has another token called nBLOCK, used for listing and purchasing exclusive NFTs. The token is also used for governance.

## Why Build on Solana

[Solana](/news/article/solana-price-gbp) stands out with its low fees, high throughput, and low latency. The blockchain can process over 50,000 transactions per second with close to zero fees. It also leverages the language Rust, which solves memory safety issues and thread concurrency. 

Solana’s advantages are why Blockasset was built on it. The marketplace hopes to use these advantages to provide an unmatched user experience and attract users.

## Conclusion

Blockasset is an ambitious project that looks beyond providing an athlete-focused NFT marketplace. The platform is already working on a Play-to-Earn, five-a-side soccer simulation game that will feature, among other things, online and single-player modes and player-owned assets.

Its road map reveals fantastic things are on the way, making it a project worth checking out. It already has thousands of followers on Twitter, Instagram, Reddit, and Telegram.
 



Block asset: An athlete NFT platform built on Solana

ZEE is the native utility token of ZeroSwap, a multi-chain trading protocol with zero gas fees. The protocol is live on Avalanche, Polygon, Fantom, Binance Smart Chain (BSC), and Celo. It aims to make on-chain trading simple and easy.

## ZeroSwap

ZeroSwap is more than a multi-chain trading protocol. It features gasless ZeroSwapDEX, staking, a bi-directional bridge, an IDO platform called ZeeDO, and Defi Wizard, a decentralized finance infrastructure service provider.

The protocol provides a platform where users can earn rewards through liquidity mining every time they make a trade. Users also have access to liquidity on multi-chains from all decentralized liquidity providers. ZeeDo provides the fairest and most transparent place to launch tokens on multiple chains.

## ZEE Token

Minted initially on Ethereum, ZEE tokens have several use cases on ZeroSwap. They are reward tokens used to reward users for engaging with the protocol. Users who pool liquidity to the DEXs aggregated to ZeroSwap are also awarded the tokens.

They are also used to enable projects to launch their tokens via ZeeDo. They are also governance tokens, meaning holders can use them to vote on the development of the protocol. Furthermore, they can be used for transactions on the ZeroSwap exchange. They have plenty of utilities with more on the way. 

ZEE tokens have a max supply cap of 100 million. As of writing, according to [Coinmarketcap](https://coinmarketcap.com/currencies/zeroswap/historical-data/) 63,429,102 of the coins are in public circulation. The coins are currently ranked the 1,246th largest cryptocurrencies by market cap in the world and are worth $0.02659 each.

The coins are listed in several exchanges, including UniSwap, [KuCoin](/news/article/kucoin-crypto-metaverse), Gate, Pancake Swap, AscendEX, and Mexc Global, with the ticker $ZEE. Sadly, they are not listed in most major exchanges.

## Price History

ZEE crypto was first tradable in October 2020. At the time, each of them was worth $0.0722. They traded between $0.04 and $0.05 till late November before appreciating, trading between $0.06 and $0.07. By the end of the year, the coins were worth $0.06033.

The coins began 2021 trading between $0.06 and $0.07, appreciating to $0.1496 by the end of January. They would continue to appreciate, trading above $1 for most of February before dropping to below $1 by the end of the month.

ZEE would again start trading above $1 in late March, going up to $3 for a few days in April. By the end of April, it was still trading above $1. The last they traded above $1 was May 15th. ZEE would then drop to trade below $1 for the rest of the year, ending it worth $0.2168 each.

The coins began in 2022, worth $0.2168 each. By the end of January, they had dropped to $0.1246 each. The coin appreciated for a little while in February, ending each month worth $0.1389. 

By the end of March, the coins were trading at $0.1428 and $0.09886 by the end of April. ZEE would continue to trade below $0.1 for the rest of the months to the time of writing.

## Is It a Good Investment?

A few things make ZEE crypto worth considering as an investment option. Firstly, the coins have a lot of use cases in the ZeroSwap ecosystem. There are plans to add more utilities to the tokens as the protocol continues to grow.

Secondly, the tokens might be currently experiencing a bear run but considering their history; they have had a good run, which can be repeated or made better in the future. A few crypto prediction platforms consider ZEE an excellent long-term investment option.

Thirdly, the coins live in an ambitious project that, if it successfully fulfils what it set out to do, might help with the tokens’ price appreciation. The cryptocurrency is also trading at a reasonable entry price for beginner crypto traders, therefore easily accessible to those who wish to spend a little in the crypto space. 

A few concerns, however, include the fact that the tokens are not listed in many crypto exchanges. Many people might have difficulty getting their hands on them regardless of their low price.

The coins can also not be bought directly with fiat. To buy Zee, one would first have to go to a fiat-to-crypto exchange, buy ETH or BTC, and then go to a fiat-to-crypto exchange that lists $ZEE to buy them. Those who wish to only invest in them without buying any other cryptocurrency have no way of doing so.

## Bottom line

So far, ZEE crypto looks like a good cryptocurrency with a promising future ahead if its protocol delivers on its goals. Most cryptocurrencies are currently experiencing a bear run this crypto winter, which on the flip side, could arguably be a buying opportunity.

 
 



ZEE Crypto: ZeroSwap Native Token

Launched on September 17th, 2021, Magic Eden is the largest and most popular NFT marketplace on the Solana blockchain. Its pros are its low transaction costs and no fees for listing NFTs. It also stands out with its usability, community-focused features, and diversity of projects.

In June 2022, the project made headlines when it raised $130 million in a Series B funding round, bringing its valuation to $1.6 billion. The funding round was co-led by Electric Capital and Greylock and included investors like LightSpeed Venture Partners, Paradigm, and Sequoia Capital.

Three months prior, it had raised $27 million in its Series A funding round led by Paradigm, Sequoia, and Solana Ventures.
Its $1.6 billion valuation put it on par with the Series B of OpenSea, another popular and leading NFT marketplace on the Ethereum blockchain.

According to a press release, the money raised will be allocated to expand its primary and secondary marketplaces, look into multichain opportunities, and improve its products, among other things. 

Since its launch, its primary marketplace, Launchpad, has launched over 250 projects, while its secondary marketplace has more than 7,000 listed collections. According to a statement from Solana, the platform’s secondary marketplace is responsible for 92% of NFT volume on Solana.

## Magic Eden expands to Ethereum

True to their word, in August 2022, Magic Eden began its move to Ethereum. It has supported several significant ETH NFT collections, including Bored Ape Yacht Club and Pudgy Penguins.

According to [its CEO and co-founder Jack Lu](https://decrypt.co/110185/magic-eden-ceo-very-natural-to-expand-from-solana-to-ethereum-nfts), going multichain had always been the plan. The company, however, decided to start with Solana because it looked like a frontier ecosystem at the time of its launch in 2021.

Lu admitted that there was worry among the platform’s team about how its SOL-centric audience would react to the announcement of its expansion to Ethereum.

When asked about the platform’s addition of the ETH protocol, Lu said, “For us to move from SOL to ETH, it was very natural.” 
[Ethereum](/coins/eth) is the largest ecosystem in terms of the overall trading volume. It holds most of the highest-value projects and has plenty of users, which are pluses for the marketplace. Lu also added that there is a lot to learn from the blockchain ecosystem.

According to Lu, expanding to Ethereum is only the beginning for Magic Eden. There are plans to expand to many more blockchains in the future.
 



Magic Eden NFT marketplace journey

Etheremine, Ethereum’s largest mining service provider by computing power, switched off its servers on September 15th, 2022, after Ethereum transitioned from a proof of work to a proof of stake consensus mechanism.

The mining service has been in operation for seven years and mined 3,271,518 blocks and 9,836,656 Ether, announced on its Twitter page and [official website](https://ethermine.org/announcement). Its users would no longer be able to connect their miners to the Ethereum pool.

## The Merge

Ethereum’s transition to [proof of stake (PoS)](/news/article/pos-vs-pow), dubbed the [Merge](/news/article/ethereum-the-merge), was a highly anticipated event that had been in the works for a while. The Merge replaced miners with validators. The network now relies on validators to validate transactions and security.
Before the Merge, Ether mining had developed into a multi-billion industry. More than a million people across the globe with mining equipment worth over $10 billion had at a particular time mined Ether.

The process involved miners competing to solve complex mathematical problems to earn the block rewards. Only the first miner to solve the computational problems got the rewards. 

The need for expensive mining hardware and more computational power grew as the process became more competitive. It is this need that led to the existence of mining pools like Etheremine. 

The service aggregates computing power from a group of miners to increase the probability of winning Ether. The reward would then be distributed among miners based on their contribution. The pools charged some fees for their services.

## Staking Service

In anticipation of the Merge, in August 2022, Etheremine launched a staking pool for its users. The new service offered via BitFly enabled users to stake their Ether and earn interest on their deposits. 

Unlike other platforms, Ethermine allows users to invest as little as 0.1ETH and earn yields for lending. However, in terms of the service fees, the lower a user’s holding, the higher the fees.

The platform allows those who wish to participate in ETH staking and earn but don’t have the required 32ETH. 

Before its [Ethermine Staking](https://staking.ethermine.org/) service, the platform debuted [Ethpool](https://ethpool.org/), a solo staking platform that requires users to have at least 32ETH. At the time of writing, the platform has 469 validators and guarantees 5.5% APR.

It is worth noting that those who participate in ETH staking will not be able to withdraw their earnings until the Shanghai Upgrade, another major upgrade to the Ether network. However, a precise date for the Shanghai upgrade is yet to be determined.

Also, the Merge, though a highly anticipated event, was not a welcomed network upgrade for all ETH holders. A few coin holders wished to continue using the network as a proof of work mechanism. Ethermine has no plans to support the planned PoW forks.

Although the Ethereum network has stopped mining, users can continue to use the platform’s other affiliated servers to mine Ergo (ERGO), Ethereum Classic (ETC), Beam (BEAM, and Ravencoin (RVN).



Ethermine switches off servers after Ethereum Merge

Efinity Coin is the primary utility token on Efinity, an NFT blockchain built by Enjin. Enjin is the company behind the Enjin crypto project designed to ease the creation and use of NFTs.

Efinity aims to solve many of the problems hindering the growth of NFTs. Among its arsenal are ease of use, speed, and scalability. It’s also eco-friendly and features cheaper transaction costs.

## Efinity protocol

The Efinity Protocol is a Polkadot Para-chain built for the [NFT](/news/category/nft-news) space. The protocol functions as a blockchain with independent economic data, state, and structure. The blockchain allows users and developers to shop, sell, and distribute NFT items.

Because it is not the only blockchain looking to solve some of the problems in the NFT space, it has a few unique features that enable it to stand out among its competitors. They include;

•	Fast transactions: The blockchain can process up to 1,000 transactions per second. Transactions are verified in six seconds, allowing fast response times required for mainstream applications.

•	Fuel tanks: Fuel tanks are discreet accounts used purely for transaction fees. They enable developers and creators to subsidize expenses for their customers.

•	Crafting: The feature allows existing tokens to be modified. New tokens can also be created by following a Recipe. The feature simplifies the process of gamifying collectables.

•	Efinity Swap: An automatic conversion mechanism that allows users to convert Paratokens into other Paratokens effortlessly.

## EFI token

[EFI tokens](https://enjin.io/efinity-token) have several uses. They can be used for paying network fees, purchasing various assets, staking, and governance. 

Like most crypto, they have a max supply cap. Only 2,000,000,000 of the Paratokens will ever exist. There are currently 169,857,481 of them in public circulation
.
As of writing, according to [Coinmarketcap,](https://coinmarketcap.com/currencies/efinity/) the coins are trading at $0.1616. They are ranked 554th largest cryptocurrencies in the world by market cap. 
They are available for purchase on several crypto exchanges including Huobi Global, Gate.io, BingX, and Bitget. They can also be earned by participating in the EFI ecosystem.

It is worth noting that EFI Coins are based on the Paratoken standard, a standard for interoperable, cross-chain tokens. They are designed to interact within and without the Polkadot ecosystem. They are considered fuel for the open metaverse.

## Team

The team behind Enjin Coin is the same team behind the Efinity platform. Maxim Blagov and Witek Radomski are their co-founders. Blagov is the CEO while Radomski is the CTO. 

Blagov has spent over 14 years working on the Enjin Ecosystem while Radomski has spent 13 years of his life developing the platform. Caleb Applegate is another key contributor to the protocol. He is the COO. 

## EFI token price prediction

Several crypto prediction platforms view EFI Coins as good long-term investment options. Digitalcoinprice predicts growth, but a slow one, for the digital coins. According to the platform, they will continue to trade below $1 even beyond 2031.

Priceprediction.net predicts a more positive future for the Paratokens. The platform predicts they might trade at an average price of $0.30 in 2023, $0.40 in 2024, and $0.61 in 2025. However, if you hold the tokens for longer they might start trading above $1 in 2027.

WalletInvestor, however, predicts a concerning future for the digital currency. The platform predicts by the end of 2022 the Paratokens may be down, trading at an average price of $0.00480. The entire of 2023 and 2024 they may trade below $0.01.

## Bottom line

Efinity crypto and its blockchain have a lot to offer, especially in the Metaverse. The more people decide to invest and use the cryptocurrency the better their chances of growing price-wise.

Note that all information provided here is the author’s opinion. It is not to be taken as financial advice. Always do your own research before investing in any crypto asset.


Efinity Coin: What You Should Know

SUKU is an Ethereum-based platform that aims to increase transparency in supply chains. The platform also focuses on the NFT space, DeFi space, and Metaverse. Its team is developing various applications for NFT marketplaces and lending based on decentralized finance (DeFi).

## The platform

Launched in 2020, SUKU is not the only blockchain-based platform focused on the Supply chain industry. However, it has a few unique products that make it a blockchain-based project worth watching out for.

•	InfiniteWorld: InfiniteWorld works as a bridge between the physical and digital world. It brings brands to the Metaverse through [NFTs](/news/category/nft-news).

•	SUKU Omni: This product enables brands to transform their supply chain data and analytics into verified stories that consumers can engage with. It allows consumers to learn about the entire journey of the product and its carbon footprint.

•	SUKU Defi: This product enables small businesses and supply chain participants to receive the capital they need through Defi to grow.

## The token

SUKU's native utility tokens have several uses in its ecosystem. Holders can use them to pay transaction fees and vote. They have also rewarded incentives.

The tokens have no max supply cap. There are currently 178,386,797 coins in public circulation. As of writing, each of them is trading at $0.09593. [Coinmarketcap](https://coinmarketcap.com/currencies/suku/) ranks them the 661st largest cryptocurrencies in the world by market cap.

The tokens are available on various crypto exchanges, including Huobi Global, KuCoin, BTCEX, and MEXC. Besides purchasing them, you can also earn them as rewards by simply creating a wallet with them to interact on the platform.

## Price prediction

Priceprediction.net predicts SUKU coins may trade at an average price of $0.17 in 2023, $0.26 in 2024, and $0.38 in 2025. They may sell above $1 in 2028 and $2 in 2030. By 2031 they may be trading above $3. The longer you hold on to them, the better your returns may be.

Digitalcoinprice doesn't predict as promising a future as Priceprediction.net. But, it does predict some positive price movement. According to the site, the coins might trade at an average price of $0.14 in 2023 and 2024. In 2025 they may be worth $0.19. By 2031, they may still be trading below $1.

WalletInvestor predicts a disappointing future for the coins. According to the site, they may end the year 2022 trading at $0.00460. They may also continue to trade below $0.01 for 2023, 2024, and 2025.

## Bottom line

Considering what the SUKU platform has to offer and how its coin has and continues to perform in the market, the project is worth reading carefully before considering it as an investment option.

Several investors see the project as an excellent long-term investment option, but it's the crypto space; anything can happen. Always take your time before investing in any crypto asset. Do as much research as possible to avoid regretting any investment move you make in the crypto space.


SUKU crypto: Everything You Should Know

AstroSwap is a decentralized exchange (DEX) built for the Cardano ecosystem. Launched in October 2021, it is a layer 2 DEX made on the Velas network, considered the fastest blockchain in the world.

AstroSwap’s link with the Velas network allows users to trade and swap Cardano tokens at faster speeds with lower fees. The project also features Galaxy Pools, where users can stake their tokens and earn and Space Lottery, where users can play and win amazing prizes.

## ASTRO Token

ASTRO token is AstroSwap’s native token. Also launched in October 2021, the token started pretty well thanks to a successful IDO exclusive on ADAPad. Within a few hours of launch, ASTRO tokens hit a [21,000%](https://finance.yahoo.com/news/astro-trades-over-33-000-182751241.html) ROI. They would continue to rise and hit a peak of 50,000% ROI within a few days after launch.

However, despite their great start, ASTRO tokens would begin to depreciate and end the year 2021, trading at $0.1345. For most of January 2022, the tokens would trade at $0.1, hitting $0.2 on a few good days. By the end of January, they were down, trading at $0.08137.

For most of March 2022, ASTRO tokens traded between $0.007 and $0.009. They picked up by the end of the month to close each worth $0.01206. The coins did drop again and have continued to trade below $0.01 as of writing.

According to [Coinmarketcap](https://coinmarketcap.com/currencies/astroswap/), while ASTRO tokens show some price appreciation, they are currently worth $0.001905. They are ranked the 1575th largest cryptocurrencies by market cap. 

ASTRO tokens have a max supply cap of 10,000,000,000 ASTRO coins. There are currently 428,462,821 ASTRO coins in public circulation. If you wish to invest in the tokens, they are available on AstroSwap, PancakeSwap, Gate.io, BKEX, and ZT. They are not listed in many crypto exchanges.

## What sets AstroSwap Apart?

Several things enable [AstroSwap](https://www.astroswap.app/#Tokenomics) to stand out as a worthwhile crypto project.

•   Features: Swapz Bridge is a feature that allows users easily and quickly bridge tokens between networks with minimal fees. Other features include Galaxy Pools for staking and Space Lottery for awarding loyal users.

•   High APY: Users can access ultra-high APYs not found anywhere within the crypto ecosystem. The High APY is possible thanks to the 45% of the total ASTRO token supply set aside for staking incentives.

•  Partnerships: It has the backing of a few strategic partners, including ADAPad, WagyuSwap, Swaps, and Bluezilla, a veteran incubator firm.


AstroSwap’s road map also shows that bigger and better things are coming. The project seeks to continue to introduce DAO governance and voting rights, [NFT collection](/news/category/nft-news), and lending and borrowing Protocols. The future seems bright for the project.




A simple AstroSwap guide for beginners

PepCoin is a rewards program announced and launched by PepsiCo in 2019 in collaboration with PayPal and Venmo. Participants earned 10% cash back. Its aim was to incentive people to consume more of the Foods and Beverage company’s products. 

Considering the name, it was easy for many crypto fans and enthusiasts to assume Pepsi had begun its journey in the crypto world. However, that was not the case.

## How it works

Those who wished to participate in PepCoin had first to visit its official site and set up a free account with a verified email. Once you create a user account, the next step is to link the account with either a PayPal or Venmo account.

More than 70 different types of PepsiCo drinks and Frito-Lay snacks enabled consumers to earn money back on their purchases. The products were specially marked for easy identification.

When you purchased the specially marked items, you’d go to the program’s official site, scan the 10-digit code or enter the numbers directly into the system. Once you reach a $2 threshold, the cash is transferred to your bank account via Venmo or PayPal.

Participants had to buy a pair of specially marked drinks and Frito-Lay snacks to be eligible for the 10% cash back incentive. Those who didn’t scan their drinks or snack codes within 120 days suffered a 25-cent maintenance fee. 

Participants could also scan a maximum number of items each day: three drinks with three snacks. Another limitation was that it was only available to US consumers.

## Why it’s not a Cryptocurrency

The announcement of Pepsi’s rewards program looked like another big win for the crypto space, considering how big a corporation PepsiCo is. 

However, as it turned out, the American Food and Beverage Company was up to its regular marketing stints, trying to take advantage of the popularity of decentralized digital currencies. 

The incentive to buy Pepsi’s products has nothing to do with the crypto space. Those who blindly rushed into it, thinking they would get cryptocurrencies were greatly disappointed.

As of 2022, PepCoin doesn’t seem to be in existence. Its official website is no longer accessible. It looks like the campaign ran for a limited time.

## Bottom line

PepsiCo is known for coming up with some crazy but impressive marketing campaigns that work. PepCoin, while misleading for many crypto fans, they still managed to get many people excited to buy more PepsiCo products. 



PepCoin: Everything You Need To Know

[DAO Maker](https://daomaker.com/) is a blockchain project Launchpad that provides growth solutions to crypto startups. Since its launch in 2017, it has launched over 100 crypto projects and raised over $30 million. Some of its most successful projects include My Neighbor Alice, Orion Protocol, and LaunchX.

Besides investment opportunities, the platform also provides other services, including incubation, operations, and advisory services, which help grow nascent blockchain-based projects.

## The platform

There are many reasons the DAO Maker is considered the best Initial DEX Offering (IDO) and Initial DEX Offering (IGO) Launchpad for crypto projects. 

It also has excellent features and products that enable worthwhile service delivery. Its most notable features and products include the DAO;
Pad: a multi-investment platform that connects the Launchpad's community with upcoming crypto projects.

Vaults: they are used to participate in DAO's offering and refundable token sale methods that include Strong Holders Offering (SHO), SEED sales, and Dynamic Coin offering (DYCO). Token holders can also stake their tokens in the vaults and earn yields.

Instant Swap: It allows crypto holders to swap their non-custodial wallet cryptocurrencies into the platform's utility tokens on decentralized exchanges.

Hub: it enables participants to earn social activity scores by promoting links and tweets generated by the project via the Hub Feed.

Social mining is another product that allows crypto startups to create communities and online exposure for their growth. It helps with building their ecosystems.

## How the platform works

DAO Maker requires users to lock up a certain amount of native tokens to participate in a project launch. For every token you stake, you'll receive 1 DAO Power. You can allocate your DAO Power to the sale you want to participate in.

Your position will be put into 1 of 5 available tranches, depending on the number of DAO Power you've spent. The trenches are;

·        Tranche 1: 500–999 DAO Power

·        Tranche 2: 1,000–1,999 

·        Tranche 3: 2,000–3,999 

·        Tranche 4: 4,000–9,999 

·        Tranche 5: 10,000+ DAO Power

The more DAO Power you hold, the higher your chances of winning a participation slot. If your allocation wins, your DAO Power will be locked for ten days. If it doesn't win, your DAO power will be returned immediately.

## The team

Christoph Zaknun and Giorgio Marciano are the co-founders of DAO Maker. Zaknun is the CEO, and Marciano the CTO. Zaknun holds a Bachelor's degree in robotics. He is credited with launching the Dog ICO. Before getting into the crypto space, he was a medical student. 
Marciano is a heavily experienced entrepreneur and IT engineer with over 13 years of experience in software development.

Other team members include Malte Christensen the COO, and Hassan Sheikh the CMO, a former lecturer in Mathematics and experienced business strategist. The Launchpad has more than 20 team members working to better its service delivery.

## The native token

The DAO token is the native utility token of the platform. The token can be used to participate in token sales on the DAO Pad platform. It can be staked to earn yields via the vaults. It can also be used to vote on various decisions concerning the platform's future.

The tokens have a max supply cap of 312,000,000 coins. There are currently 83,503,449 coins in public circulation. As of the time of writing, according to Coinmarketcap, each coin is worth $1.92. They are ranked 154th largest cryptocurrencies by market cap.

The digital coins can be bought on several crypto exchanges, including KuCoin, Gate.io, Instant Swap, Bithumb, and Uniswap.

## Successful projects launched on the platform

·        Orion Protocol: A Defi platform aggregates liquidity from centralized exchanges, decentralized exchanges, and swap pools.

·        My Neighbor Alice: A multiplayer blockchain-based game where players can buy and own land and gather and collect unique items.

·        LaunchX: a decentralized multi-chain IDO Launchpad platform that allows startups to raise funds across multiple blockchains.

·        DeRace: The world's first decentralized, blockchain-based racehorse platform. 

## Partnerships

Since its launch, DAO Maker has entered and continues to enter into strategic partnerships that help with its growth. 
So far, the Launchpad has partnered with the TRON network, Alliance Block, Alchemy Pay, PAID Network, Rainforest Foundation, Fantom Foundation, 4IRE LABS, Israeli Block Association (IBA), and the Warena Project, among others.

In August 2022, the platform announced a partnership with Binance for Custody service. It will use Binance's custody solutions to safeguard its assets and ensure they comply with all necessary regulations.

## Into the NFT space 

As of 2022, DAO Maker is venturing into the [NFT space](/news/category/nft-news) and Metaverse. It is soon adding an NFT Launchpad to its product listing, and its first project will be the Maradona D10S NFT collection. 

The NFT collection will feature 5,000 profile pictures of the late Diego Maradona, a world-renowned football player. The collection supports all Maradona's heirs and is the first-ever official Maradona-licensed NFT project. 

## Competitors

DAO Maker faces some competition from other blockchain-based Launchpads. Polkastarter is a significant competitor that has launched over 100 projects and raised close to $50 million in funding. 

The protocol, built on the Polkadot Network, is similar to DAO Maker. For example, it requires users to stake tokens to participate in early-stage investments. Their Launchpad also supports Ethereum and Binance Smart Chain (BSC) projects.

## Bottom line

DAO Maker has many features and products that enable it to stay true to its statement as the best IDO and IGO Launchpad for crypto projects worldwide. 

The platform offers a lot to crypto startups. Such projects have a reputable place to get the funding they need. They also have access to other services, including incubation, operations, and advisory services, that can help them grow.

Although its token is not performing that well as of writing, several crypto prediction platforms predict a promising future. However, it is the crypto space. You can never be too sure.



DAO Maker: Beginners Guide

The Raiden Network token (RDN) is the native token of the Raiden Network, an off-chain scaling solution for the Ethereum blockchain. It is similar to Bitcoin's Lightning Network. It allows users to initiate fast and low-cost transactions.

## The network

The Raiden Network, unlike the Ethereum blockchain, does not require consensus for its operations. It instead uses digital signatures, and hash-locks called balance proofs to enable token transfers between network participants.

The protocol has a few advantages that make it a worthwhile project.

•	Instant transfers: users can instantaneously send, receive and confirm token transfers. Token transfers are as fast as sending text messages.

•	Low transaction fees: Transaction fees are pretty low. Low transaction fees allow users easily transfer small amounts of ERC20-based tokens.

•	Increased privacy: compared to the Ethereum blockchain, the Raiden protocol provides better privacy levels.

## The token

RDN coins are ERC20 cryptocurrencies used to pay for various services in the Raiden protocol. They can be used for access to micropayments and API (Application Programming Interface). They are also a reward incentive used to reward users for contributing to the protocol.

The tokens were launched on October 18th, 2017. Only 100,000,000 of them will ever exist. As of writing, 66,793,931 RDNs are in public circulation.

According to [Coinmarketcap](https://coinmarketcap.com/currencies/raiden-network-token/), each Raiden Network token is currently worth $0.06096. They are ranked 1,005th largest cryptocurrencies by market cap. RDN is available on several exchanges, including Gate.io, Bancor Network, Tokenmy, and CoinDCX.

It is worth noting that RDNs can't be bought directly with fiat money. To buy them, you'll first have to buy other cryptocurrencies like ETH or BTC from a fiat-to-crypto exchange. Once you have your ETH or BTC, you'll go to an exchange that lists RDNs and use your ETH or BTC to buy them.

As they are ERC20 tokens, you can store them in any ERC20-compatible wallet, including MetaMask, MyEtherWallet, Trezor, or Ledger.

## Price prediction

RDN coins are currently experiencing a bear run. However, several crypto prediction platforms believe they are worth holding.

Priceprediction.net predicts they may trade at an average price of $0.12 in 2023, $0.17 in 2024, and $0.23 in 2025. If you hold on to them for longer, the site predicts they may trade above $1 in 2029 and above $2 in 2031.

Digitalcoinprice is not as positive as Priceprediction.net, but it does predict some slight positive price appreciation. According to the site, the cryptocurrency might trade at an average price of $0.0870 in 2023, $0.0906 in 2024, and $0.11 in 2025. 

## Bottom line

Overall, the RDN project looks like a promising solution to the scalability issues faced by Ethereum and other [cryptocurrencies](/trade). At the same time, most investors agree that RDN is worth considering as a long-term investment option. Before you spend any of your hard-earned money on this cryptocurrency, do your research. All information shared here is the author's opinion and should not be perceived as financial advice.




Raiden Network token (RDN): What you should know

Aave is a crypto lending platform that allows users to deposit their crypto assets, earn interest on them, or borrow against them and pay interest. It is one of the leading protocols in the [DeFi](/news/tag/defi) space and has grown in popularity since its launch in early 2017.

Let's dive in and explore in detail.

## What is the Aave protocol?

Aave is a decentralized finance protocol running on the [Ethereum](/coins/eth) blockchain. It features a system of smart contracts that lets users borrow and lend cryptocurrencies without the need for intermediaries. Those who lend earn interest, while those who borrow pay interest.

The protocol is a system of lending pools. Users deposit their digital assets into liquidity pools, which borrowers can draw from to take out loans. Those who wish to borrow crypto must post collateral before they can borrow. They can also only borrow up to the collateral they post.

Lenders receive the Aave blockchain native token 'aTokens' in exchange for their deposited crypto assets. The aTokens are pegged 1:1 to the value of deposited cryptocurrency. As an aToken holder, you benefit by passively earning interest on your funds. The tokens are ERC-20 tokens and can be stored, transferred, or traded.

## Aave Tokens (AAVE)

AAVE tokens are the native currency of the Aave protocol. They have several use cases; however, governance is their main use case. Holders of the tokens can use them to vote on the direction of the platform and how to manage the protocol's funds. One token is equal to one vote.

Owners can stake their aTokens for staking rewards. They can also be used as collateral. Borrowers who use them as collateral raise their borrowing limit. Those who borrow and post the tokens as collateral benefit from discounted borrowing fees.

 aTokenS can't be mined. It can only be earned or bought on various cryptocurrency exchanges that list it, including Coinbase Pro, Binance, Uniswap, Kraken, and KuCoin.

## Aave V3

[Aave V3](https://docs.aave.com/developers/getting-started/readme) is the latest version of the Aave Protocol. It officially launched in March 2022, and a few notable features came with it.

·	Portal: Portal allows the flow of liquidity from Aave V3 to other networks. The feature will enable users to participate in borrowing or lending protocols on chains like Solana and Avalanche.


·	High-Efficiency Mode (eMode): High-Efficiency Mode or eMode helps enhance borrowers' power by assessing the correlation between their collateral and borrowed assets.


·	Isolation Mode: Isolation Mode enables new digital assets to list on V3 as isolated assets, which was impossible with V1 and V2. The feature helps mitigate solvency risk when a newly listed asset is introduced to the protocol's liquidity pools.

Other upgraded features include risk management features that protect the protocol from insolvency. 

More benefits of the latest version include gas fee reduction and the ability of users to obtain multiple reward types within a single transaction. It also supports key blockchains such as Harmony, Arbitrum, Fantom, Polygon, Avalanche, and Optimism.

## AAVE Price Prediction

Several crypto prediction platforms see a bright future for AAVE. However, a few, like WalletInvestor seem to think otherwise about this cryptocurrency.

Digital Coin Price predicts that this cryptocurrency might be trading at an average price of $164.81 in 2023, $188.11 in 2024, and $220.08 in 2025. It might even trade above $600 by 2031.

![aave article.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/aave_article_22b189bf02.png)
 
Priceprediction.net predicts this crypto might be trading at an average price of $184.12 by 2023, $275.43 by 2024, and $377.53 by 2025. 

The longer you hold the tokens, the better you might benefit, as the site also predicts this cryptocurrency might be worth more than $3,000 by 2031.

![aave 2.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/aave_2_f509b5dad0.png)

WalletInvestor, on the other hand, predicts a bearish future for AAVE. It might be trading at an average of $12.825 by the end of 2022. The coins will begin 2023 trading at $13 and will depreciate to trading below $10 most of the year. They will end 2023 worth an average price of $6.777.

![aave 3.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/aave_3_c59da37bce.png)

## Is it a good investment?

While there are mixed expectations regarding AAVE's future, this cryptocurrency has had a good run and continues to perform well. Thanks to the various developments. For example, after the Aave V3 went live on 16th March 2022, the price went up from $112 to $240 -  a 97% price increase.

While the price increase was not as much as the tokens' all-time high price of $661 in May 2021, it was enough to show that investors still believe in what this project offers.

A plus is that the Aave protocol has never had any significant issues to deter people from using it. The protocol is backed by an impressive team of developers who continue improving its service delivery and adding new services.

In July 2022, the Aave community agreed on a proposal to launch the network's Stablecoin called GHO. The Stablecoin, pegged to the US dollar and backed by a diversified set of crypto assets, would make stablecoin borrowing on the protocol more competitive.

In May 2022, they launched the Lens Protocol, a decentralized social media platform based on the Polygon Blockchain that lets users store content as NFTs.

## Bottom line

AAVE remains one of the best cryptocurrencies to watch out for in the crypto market. The tokens are currently trading at a reasonably good price. Several crypto prediction platforms see them as good long-term crypto investment options.

Investors also agree if the network continues to develop and offer new and better services to users, the tokens can benefit, helping with their price appreciation. 

Remember to do your research before investing in any cryptocurrency.



Aave Price Prediction

The Yuan Coin, also known as e-CNY, e-RMB or e-yuan, is China's digital currency. It aims to replace some of the physical cash in circulation.

The coin, issued by the People's Bank of China (PBOC), is a digitised version of the Chinese physical Yuan (Renminbi). It works the same as banknotes and coins but in a digitised form. 

## The yuan coin history

China has been working on the e-yuan since 2014. In October 2020, the virtual coin underwent its first and biggest real-world test. The local government of [Shenzen](https://www.cnbc.com/2020/10/12/china-digital-currency-trial-over-1-million-handed-out-in-lottery.html) handed out 10 million e-RMB (about $1.5 million) to its citizens in a lottery.

In December 2020, the [Suzhou](https://www.cnbc.com/2020/12/07/china-hands-out-digital-yuan-in-trial-as-jdcom-accepts-the-currency.html) local government again handed 20 million e-RMB ($3 million) to its residents in a lottery. 

A few features not activated in the Shenzen trial were tested in the Suzhou trial run. One notable feature is the e-CNY offline feature, allowing users to touch smart devices to make transfers.

The Suzhou public test also saw JD.com (one of the biggest Chinese e-commerce firms) become the first online platform to accept this virtual currency.

In Feb 2021, the Chinese capital city [Beijing](https://www.cnbc.com/2021/02/08/china-to-hand-out-1point5-million-in-lunar-new-year-digital-currency-test.html) handed out 10 million e-RMB (about $1.5 million) to its residents, making it the third largest public test for the digital currency. The same month [Chengdu](https://www.cnbc.com/2021/02/24/chinese-city-chengdu-launches-6-million-digital-currency-test.html), another city in China, announced the issuance of close to $6 million worth of e-RMB to its citizens.

## The yuan coin so far in 2022

As of 2022, a lot has happened to the benefit of e-RMB. The [digital Yuan app](https://www.china-briefing.com/news/china-launches-digital-yuan-app-what-you-need-to-know/), previously only available to a few people, can now be downloaded from the Chinese app stores. It is compatible with both iOS and Android devices.

The app, however, can only be used by residents in 23 cities where China continues to test this virtual currency. Residents in the cities, which include Shanghai, Beijing, and Shenzen, can use the app to pay for goods and services with e-CNY. 

By mid-January, the app had over 261 million users and had made 87.5 billion e-CNY ($13.78 billion) worth of transactions. The app quickly became one of the most downloaded apps available in China.

Shortly after the app launched, WeChat, a messaging and payment platform with over 1.2 billion users, announced it would begin to allow users to select e-CNY as a payment option. Alibaba also announced the integration of this virtual currency into their payment options.

The e-CNY is no longer just a payment option for consumer goods. One can also use it for wealth management products and bank loans. There are plans to extend the use of this virtual currency to medical treatment, education, and other finance offerings.

Holders of e-CNY have also benefited from cards with small LCD screens that tell them how much funds are in their Yuan accounts. Users can access these updated local Chinese government cards without the internet.

The popularity and wide acceptance of the e-CNY have seen China set its eyes on the international market. The country is working towards the internalisation of its virtual currency.

## Bottom line

While the e-yuan is still in its early stages, it has quickly proven there is demand and room for it. The digital coin is not a cryptocurrency per see but a [central bank digital currency (CBDC)](/news/article/cbdc-uk), considering it is issued and controlled by the People's Bank of China (PBOC). CBDCs are built on the same rails as cryptocurrency's underlying technology, blockchain. Some see CBDCs as a threat to privacy and defeat the purpose of decentralisation, while others believe its adoption does benefit the crypto market. What do you think?
 



What is the yuan coin?

Telcoin is a blockchain-based, user-owned financial platform that aims to provide all mobile users with access to high-quality but affordable, user-owned financial products. Its primary focus is, however, on the remittance industry.

The platform's components include the TEL token, Telcoin App, TELx, and Rivendell - an Ethereum side chain validated by the Mobile Network Operators, a GSMA member.

## The TEL token

The TEL token is the native token of the platform, and it plays various functions in the [Telcoin](https://www.telco.in/) ecosystem. 
It is a protocol token that can also be used as a medium of exchange and a reserve asset. Its holders can use it to access different financial products supported by the platform.

It's an ERC-20 token with a max supply cap of 100,000,000,000 TEL coins. Currently, there are 61,728,700,558 coins in public circulation.

According to Coinmarketcap, as of writing, each coin goes for the price of $0.001824. The tokens are ranked the 252nd largest cryptocurrencies in the world by market cap.

The TEL tokens are available on several crypto exchanges, including KuCoin, Uniswap, Phemex, and Balancer. The tokens can, however, not be purchased directly with fiat currency. 

You'll first have to buy other crypto coins like [BTC](/coins/btc), or [ETH](/coins/eth), then go to an exchange that lists TEL tokens and use your ETH or BTC to purchase them.

## The app

The [Telcoin App](https://www.telco.in/about-the-telcoin-app) provides users with access to all of Telcoin's products. The app features a fast, affordable remittance portal and a digital wallet on the Polygon Network.

Users can use the app to send, receive, withdraw, and trade various supported digital assets at an affordable fee. Those who wish to send money to friends and family anywhere on the globe can do so through the app at a friendly fee of 2% or less. 

The app currently supports fiat remittance from Canada and the USA to 16 countries, including Bangladesh, Ethiopia, Salvador, Indonesia, Kenya, and Pakistan. It is available for download on Google Play and the App Store.

## TELx

[TELx](https://www.telx.network/) is the decentralized liquidity engine of the Telcoin platform. It's designed to power all services provided on the Telcom platform, including cross-border money transfer and digital asset exchange, without relying on intermediaries. 

The decentralized liquidity network is a new addition to the platform. It launched with two user-owned decentralized products, The SMS network and TELxchange.

The SMS (Send Money Smarter Network) is a user-owned global remittance network, while the TELxchange is a user-owned decentralized digital asset exchange. 

## Rivendell

[Rivendell](https://www.rivendell.network/) is still in development. The Network, an Ethereum side chain, is run, validated, and secured by Mobile Network Operators. Once in operation, it will provide fast, secure, credible neutral transaction settlement for the Telcoin ecosystem.

## Is Telcoin a good investment?

Launched in 2017, Telcoin has been around for a while. So far, the team behind the project has managed to meet all the deadlines set on the project's roadmap.

Since its launch, it has made several strategic partnerships with Telcom operators that have enabled it to solve three major issues facing many crypto projects trust, reach, and Know-Your-Customer (KYC) compliance. The project is here to stay.

Its native token (TEL) continues to perform averagely well in the crypto market. However, the token is not listed on most prominent cryptocurrency exchanges, their trading pairs are limited, and they can't be bought directly with fiat money, which inconveniences many investors.

## Bottom line

The Telcoin platform is an excellent addition to the crypto space considering its features and services. The current Telcoin price provides a good entry point into the crypto space for anyone who doesn't wish to spend or risk a lot in the highly volatile market.



The Telcoin platform and price explained

The Seesaw protocol is a decentralized, multi-chain, noncustodial ecosystem of Defi products, protocols, and services. 

Launched in January 2022, the protocol is a fairly new and ambitious blockchain-based project created to bridge multiple blockchains. It is capable of running in all smart-enabled blockchains. It currently runs on the BNB Chain with plans to also run on the Ethereum and Polygon blockchains.

## The Seesaw token

The Seesaw token (SSW) is the utility token of the Seesaw protocol ecosystem. Holders of the tokens can use them to connect between the three blockchains to find the quickest and most reliable network at any given time.

SSW can be traded and farmed across the Binance Chain, [Ethereum](/coins/eth), and Polygon blockchains. The tokens have a max supply of 990,000,000 SSW coins.

Among the many reasons to get this digital currency is the reward incentive of simply holding them. A regular airdrop feature enables long-term holders of the token to earn extra coins.

As of writing, each coin is currently trading at $0.000964. According to [Coinmarketcap](https://coinmarketcap.com/currencies/seesaw/) rankings, they are the 7,943rd largest cryptocurrencies by market cap.

## SSW price movement

On April 8th 2022, SSW launched on Pancake Swap after being locked in presale for three months. Their price at the start of the presale was $0.005. On April 14th, the tokens experienced their all-time high price, trading at $0.46.

The tokens would, however, start to experience a price decline going forward. According to many expert investors, it was to be expected as the entire cryptocurrency space was experiencing a bear market. By the end of May, each SSW coin was worth $0.004495.

The tokens ended June trading at $0.001172 and July worth $0.0009315 each. Things are still not looking up for SSW as it continues with its downward trend.

## Is the Seesaw protocol a good investment?

Some crypto investors have pointed out a few concerns about the seesaw protocol (SSW)
. While it does offer a much needed solution in the crypto world its huge token price crash is of concern.

Huge crashes are, however, common in the crypto space. Shiba Inu (SHIB) is a good example of a cryptocurrency that has experienced several huge crashes and is still going on strong.

The fact that the project is backed by an anonymous team is also concerning to some people. But, so are many other crypto projects. Bitcoin continues to dominate the crypto market, yet its creator, Satoshi Nakamoto’s true identity, is yet to be known to date.

## Bottom line

To be fair, SSW is new, and we can only expect so much as the project behind this cryptocurrency continues to develop. 

As for now, how the tokens will behave in the future, only time will tell. On the bright side, their current market price makes them an ideal entry point into the crypto market. Just remember to do your research before investing in any crypto project.





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