Are you new to the crypto industry and looking to make new connections? UK crypto events could be the key.
Perhaps you're a crypto enthusiast looking for a place to expand your knowledge. Or you could be a crypto veteran looking for a place to hang out with other cryptophiles discussing cryptocurrency.

If you relate to any of the groups above, then crypto events are for you. Like tech events, crypto events are gatherings where other people who love crypto come to learn, hang out, and discuss everything cryptocurrency.
It doesn't matter if you're new to the crypto space and don't know much, there's a place and a benefit for you at these crypto events.

## Why are crypto events important?

If you haven't attended crypto events before. Here are a few things you could be missing out on:

### Networking

Networking is a fancy way of saying that people come to these crypto events to make friends. And isn't it part of the point of these events? Sometimes these friendships could be a source of opportunities down the line. But, even when they aren't, the best part of networking is having a new friend who loves crypto just as much as you do.

### Opportunity to Learn, Unlearn, and Relearn

Most crypto events provide attendees with the opportunity to learn new things and unlearn and relearn outdated information. At each crypto event, the most recent advancements in cryptocurrency are discussed, and attendees contribute their ideas toward solving common crypto problems.

Beginners can learn a lot from attending these events.

### Access to Exciting Opportunities

Crypto events are rife with opportunities if you're looking in the right places. By mingling with people and contributing, your skills and relevance grow, and this could net you an opportunity. You can also meet people with great ideas that you can buy into early. The possibilities are endless at these events.

### Common Ground for Everyone

Although it's been here a while, the crypto industry is still relatively new. Following the recent [growth spurt in 2021](/news/article/2021-cryptocurrency-review), there are many new entrants into the industry trying to understand what the hype is all about.

Crypto events are a good place for everyone, both new and old, to meet and learn.

## How to find crypto events in the UK

There are websites that catalogue all crypto events. [Crypto Events UK](https://cryptoevents.global/blockchain-expo-global-2022/) is one of them. You can find out what crypto events are held in the UK and which ones are close to your location.

They offer information on all big and small crypto events, including workshops, webinars, and conferences. If you're looking for crypto events UK wide to attend, this website can guide you.

Attending events is an important part of the growth of any industry. It's even more critical in nascent industries like the crypto industry. So, head to crypto events UK to get the scoop on all upcoming crypto events.


blue image of crypto event with people sat in lecture hall

Crypto Events UK to Attend

Crypto is a bewildering world. New tokens and projects emerge daily, which makes [spotting the right ones](/news/article/congress-crypto-protection) more difficult. Besides, with new projects, new [crypto scams](/news/article/crypto-hacks-peaking-october) and rug pull incidents are also emerging. This further adds to the difficulties of the investors.

In the notorious rug pull scam, fraudsters portray the project to have a high potential and then vanish after taking investors’ funds. Disguising as a lucrative DeFi or DEX is the most common strategy for this scam. 

Here we have discussed rug pulling with some tips on detecting one to avoid it.

## What does ‘pull the rug’ mean?

The phrase 'pull the rug' literally means to draw out the floor under someone's feet so they fall. But, figuratively, it means leaving someone defenceless by deception.

In finance, it is a common terminology that refers to a company's stocks that promise a lot to gain investment. Then the company shuts down, selling its shares at a high price, leaving investors with valueless shares. 

## Rug pulling in crypto

The same goes for the crypto world too. Here, tricksters use [DeFi projects](/news/article/globex-crypto-scam) to target investors in an organised way. They propose a strong roadmap, alluring investors and pumping up the price of their tokens. Once the token’s price starts gaining momentum, they dump the project, taking all the funds.

Based on its nature, a rug pull can be of three types:

1.	Stealing liquidity.

2.	Limitations on sell orders.

3.	Pumping and dumping.

## Five ways to detect rug pulling schemes

Here's how you can detect one to protect yourself.

1.	Background of project developers
The background of the founding members of a project can reveal a lot about it. That’s why you must check the track record of developers and founding members in the crypto industry. 

The anonymity of the developers often turns out to be a strategy to hide their illegal doings. A similar kind of scam happened with [Wonderland TIME](https://wonderland.money/), where the CFO was a [convicted felon](/news/article/wonderland-time-crypto) who allegedly exited with a rug pull. 

2.	Sell order limits
Another red flag indicating the potential rug pull attempt is the limitation on sales. The scammers write a code that restricts the token holders from selling it. This can be one of the most prominent signs of a scam. That’s why you must diligently review the code before investing.  

3.	Total locked liquidity
Locked liquidity endorses the project’s security. However, when the founders intend to rob the investors, they often do not lock liquidity in smart contracts. It allows them to swindle out all the liquidity from a DeFi. 

Also, checking the project's total value locked (TVL) is advisable. Ideally, the TVL should at least be 80%.

4.	Pumping and shilling
Fake hype for any financial product is one of the easiest ways scammers trick investors. Through paid campaigns on social media, the founding team of a blockchain creates buzz around a cryptocurrency. Though it’s not illegal to advertise a coin, propagating false news about it is unethical. 

After gaining popularity, the criminals dump these projects, leaving investors clueless. That’s why you should avoid investing in shiny-looking tokens. 

5.	No third-party code audits
Third-party code audits are another way of gauging the authenticity of a cryptocurrency. Since developers can easily exploit the code, validation from an external source becomes necessary. Also, an audit from a trusted firm like [Hacken](https://hacken.io/) or [Certick](https://www.certik.com/) is a mandatory procedure to assure the audience about their funds’ security.

However, fraudulent cryptocurrencies often evade third-party audits. Therefore, it is one of the ways to detect a shady token. 

## Bottom line

Rug pull is a prevalent [scamming strategy](/news/article/bitcoin-doubler-scam) in the crypto world. In this, the criminals strategically create false hype for a cryptocurrency to lure investors. They pump its price by generating fake positive news. As its price goes suspiciously high, they pull the rug on investors by taking all the liquidity and shutting the project.

Therefore, it is advisable to know the indicators that allow you to detect rug-pulling ventures. For this, the founders’ background, locked liquidity, advertisement campaigns, and code — require careful research.


Rug Pull: What Is It?

[VeeFriends](https://veefriends.com/) has grown to be one of the largest NFTs in volume and community size since its launch in 2021. The founder, Gary Vaynerchuk, also known as GaryVee, became well-known by investing in start-ups experiencing rapid growth. In 2021, he was among the first people to show interest in the NFT market and the potential of Web3.

GaryVee's project, VeeFriends, was launched in 2021 to unite like-minded NFT collectors and celebrate each collection's unique human traits. It was one of the first promises of IRL utility for an NFT, as it doubles as a VeeCon ticket.

VeeFriends and Vaynerchuk have since grown to other NFT collections, but VeeFriends Series 1 remains the most popular and valuable.

## VeeFriends NFT: What is it?

GaryVee's VeeFriends was founded to build a community around Gary's business and creative passions through NFTs. Now, it is one of the most successful NFT membership use cases.

VeeFriends is the umbrella name for GaryVee's NFT collection, which debuted on Tuesday, 11 May, 2021. The VeeFriends brand includes Mini Drops, Book Games, and a large-scale "Series 2" collection, all of which stem from the initial drop of 10,255 VeeFriends tokens.

Within the first collection, or "Series 1," there is a special set of tokens known as G.O.O. (Gary Originally Owned). GaryVee reserved 1,242 tokens (more than 12% of the supply) for his collection, implying that only 9,013 NFTs were initially available.

Each token in the Series 1 is based on one of 268 characters created by Vaynerchuk as representations of human traits that he admires. Gary Vee's NFTs also provide their owners with a variety of benefits.

## VeeFriends Series 1

Series 1 consists of 10,255 NFTs divided into 268 characters. The collection is divided into three levels: Access (300 NFTs), Gift (555 NFTs), and Admission (9,400 NFTs). Of these, 1,242 NFTs belong to Gary and are labelled Gary Originally Owned (G.O.O.), making them more valuable than others.

All of the NFTs in this collection have human characteristics that Gary admires and believes can bring happiness. The Admission NFTs are classified into five rarities: Core, Rare, Spectacular, Very Rare, and Epic, with Epic being the rarest. 

Like most others, each Admission NFT in this collection has amusing animal names such as Karma Kiwi, Keen Kingfisher, Quick Quail, Zestful Zebra, Confident Cobra, Conviction Cockroach, and so on.

Courtside Cat, Keynote Koala, Poker Pirate, Shadow Me Scorpion, and other names are used for Access NFTs. These Access NFTs are utility NFTs that provide Gary with one-on-one access on various occasions.

This collection is available on [OpenSea](/news/article/nft-hackers-passports) for purchase or acquisition using ETH, WETH, DAI, and USDC. 

## Book Games NFT collection

The Book Games were released in August 2021. The Series 1 collection was minted on [Ethereum](/news/article/the-merge-ethereum-nft-impact) (layer 1), whereas the Book Games is a layer 2 NFT minted on Immutable X (an Ethereum layer 2 chain) to reduce gas fees. The game's scope was inspired by his book "Twelve and a Half," making it a valuable tool in the VeeFriends ecosystem.

He used the game to incentivise his community to buy copies of the book in order to receive NFTs because he linked his book to the ecosystem. This collection, according to Gary, contains 125,000 burnable game tokens, and the game can be played indefinitely.

An airdrop announcement stated that for every 12 books ordered by any user during a one-day promotional period, the buyer would receive one NFT. Gary used this strategy to sell one million copies of the book in less than 100 days.

The Book Games collection is divided into three categories: Attributes, Spectacular, and Token Frame. The Spectacular divisions are the same as in Series 1: Bubble Gum, Diamond, Gold, Hologram, and Lava.

Accountability, Ambition, Conviction, Curiosity, Empathy, Gratitude, Humility, Kind Candor, Kindness, Optimism, Patience, Self-awareness, Tenacity, and Special are the 14 attributes that the book's character may drive.

## Mini Drops 

According to Gary, VeeFriends Mini Drops is a sub-collection of VeeFriends that focuses on collaboration, scarcity, and cultural longevity. It is a limited-edition collection distributed to Series 1 collectors as an airdrop.

## VeeFriends Series 2

Series 2 is a massive collection of 55,555 NFTs derived from Series 1. Series 2 includes 236 characters from Series 1 and 16 new characters, totalling around 252 characters. Except for Gift Goat, each character in Series 2 has a total supply of 220 NFTs, with the exceptional Gift Goat having 555 1/1 NFTs.

Series 2 has 76 backgrounds, nine poses, and eight spectacular characters, compared to Series 1's five and one property (984 G.O.O.). Emerald is the first of these Spectacular characters to be revealed, followed by Bubble Gum, Hologram, Diamond, Lava, Gold, and another yet to be announced.

The opportunity to mint Series 2 at 0.335 ETH plus gas costs was given to community members who already owned Series 1 and Book Games. Holders of Book Games (also known as Friend list) received 32,000 NFTs, and the Series 1 holder received 10,255 NFTs. Each collection was given a specific number of NFTs.

On 18 April, 2022, 10,000 NFTs worth of unminted coins was added to the public supply. The 16 newly added characters, totaling 3,300 NFTs, were minted on 27 April, 2022, after the public minting on 25 April, 2022.

## Bottom line

VeeFriends has become one of the market's most influential and distinctive NFT collections. Gary Vee worked hard to establish his name in the [Web3](/news/article/web3-games) industry by meticulously attaching real-world utilities to his NFT collections.

In addition to the projects mentioned above, Gary hosted a special conference in Minneapolis from 19-22 May 2022. The speakers included well-known individuals like Steve Aoki, Danny Cole, Kevin Smith, and Beeple.

This also gave rise to VeeCon, a different NFT ticket that served as a pass for the event to which community members were already granted access. Except for the Book Games, which can be found on VeeFriends and TokenTrove, all of Gary's collections are accessible on OpenSea. The [NFT](/news/article/prime-ape-planet-nft) collection commands a high premium price, as it is associated with GaryVee.





VeeFriends NFT: A Comprehensive Guide

What is 'market cap in cryptocurrency? [Market](/news/tag/market) cap, or capitalisation, is a crucial metric for evaluating cryptocurrency. It is similar to stocks, where a company's total publicly traded common shares are counted.

However, there is one key difference between digital currencies and stocks. It is the ownership. Because, unlike stocks, cryptocurrencies do not indicate the possession of company shares. 

So, what is market cap cryptocurrency? Let’s take a deeper look at it and discuss why it is a crucial indicator for a digital token!

## Understanding market capitalisation in crypto

'What is market cap cryptocurrency?' is a frequently Googled query. It is one of the most asked questions by crypto newbies. But, it can be fairly easy to understand if you know how it is calculated and what it represents. 

It is a value determined by multiplying a token's price by the circulating supply. This value denotes the worth of a cryptocurrency in the marketplace. It is an indicator through which you can track the dominance of cryptocurrencies. [CoinMarketCap](https://coinmarketcap.com/), which is the most authentic crypto indexing site, also uses capitalisation to rank cryptocurrencies.

For instance, you can determine the Bitcoin market cap by multiplying its current price ([$19,131.50](https://coinmarketcap.com/currencies/bitcoin/)) by its circulating supply (19,180,081.00). This will give you the amount of around $366.94 billion, which is the [BTC](/coins/btc) capitalisation. 

This value can also help you make investment decisions regarding an asset. A digital token with a higher capitalisation is often perceived as a secure investment. 

However, it is noteworthy that capitalisation is a fluctuating value. Primarily, this amount is dependent on two factors; one is the change in supply circulation, and the other one is buying or selling pressure. 

## Why is market cap important in crypto?

It serves as one of the significant indicators for gauging a coin’s popularity and worth. A digital token’s market capitalisation can give you insights into its size. Also, it reflects on the profit ratio of the token. By comparing the values of two cryptocurrencies, you can evaluate which performs better.

In addition, these values of cryptocurrencies may also give an idea about whether they are over or undervalued. That's why it becomes a key consideration for your investment decisions in crypto.

However, it is not the only indicator you look at; several other factors must be part of your research about a project.

## How does market cap affect the crypto price?

It does not necessarily affect the crypto price. But it determines the rank of a digital asset in crypto trading. That’s why it becomes a crucial indicator, sometimes even more important than the price. 

For instance, if a token’s price is higher, its total value can still be lower because of the circulating supply. Similarly, a token with a lower price might have a better total value because of a higher circulating supply. This can be indicated through market capitalisation and helps determine a digital asset’s rank. 

## Final thoughts

Market capitalisation is one of the most significant scales for gauging the potential of a digital asset. It is the total value of an asset, which gives you an idea about its rank among the cryptocurrencies. 

You can easily determine this value by multiplying the price of a token by its circulating supply. Through this, you will get the worth of a cryptocurrency in the marketplace. 

Therefore, it becomes a key consideration when making an investment decision. Nevertheless, it is not the only yardstick for gauging the performance of a token. It is advisable to analyse several other aspects of a project to make an informed decision. 


What is market cap in cryptocurrency?


It is suggested that Web 2.0 is used by 3 billion people every day and occupies 80% of their waking hours. At its most basic, Web 2.0 is an online experience that emphasises user-generated content, ease of use, participatory culture, and interoperability (compatibility with other goods, systems, and devices) 

It is also referred to as participative (or participatory) web and social web. 

Web 2.0, notably between 1999 and 2004, shifted the world away from static desktop websites. These were sites built for information consumption and provided from expensive servers. It moved them to interactive experiences and user-generated content, giving us Uber, Airbnb, Facebook, and Instagram. 

It was fuelled by three fundamental layers of innovation: mobile, social, and cloud. 

 

## Web 3.0 Is The Next Step 

For the Internet, Web 3.0 is the next evolutionary step. It is expected to be the monopolistic digital dominance of major corporations and governments. 

Web 3.0, or [Web3](/news/tag/web-3.0-tag), is a decentralised online environment built on the blockchain at its most fundamental level. Users will own platforms and apps developed on Web3 rather than a central gatekeeper. Users earn their ownership stake by creating and maintaining those services. 


## It’s Easy as 1.0, 2.0, 3.0 

Since the early days of the original Web 1.0 in the 1990s, the Internet has evolved. It moved to Web 2.0, and Web 3.0 is next. 

Moving from Web 2.0, the Internet of today we are all familiar with, to the next phase will be enabled by [blockchain technology](https://www.investopedia.com/terms/b/blockchain.asp). 

Web 3.0, also known as the “read-write-execute” Internet, allows users to browse, produce, and publish content and directly execute intelligent contracts with one another. 

That this new Internet is decentralised is one of its most prominent qualities. It allows websites that are not hosted on servers or in data centres. Instead, everything is powered by [blockchain](/news/article/what-is-blockchain), the distributed ledger. 

The system offers improved security. The critical information hackers seek, such as credit card numbers or passwords, isn’t stored in a single central place. 

The fundamental difference between Web 1.0, 2.0, and 3.0 is the level of involvement between users. Users were confined to viewing static pages with Web 1.0. Users could produce and distribute their content with Web 2.0. Web 3.0 allows users to engage directly by executing smart contracts. 

It will result in a far more democratic Internet; an Internet where users have more control over their data and its use. 


## Why Does Web 3.0 Matter Now? 

Web 3.0 lays the groundwork for a future in which distributed individuals and computers interact with value, data, and other counterparties without third parties being involved. This is thanks to the peer-to-peer network foundation. 

The end product is a modular, human-centric, privacy-preserving computer fabric for the next web wave. 

 
 ## Advantages of Web 3.0 

 
### No Single Point of Control: 

Because intermediaries are eliminated, blockchains such as [Ethereum ](/coins/eth)provide a trustless platform with unbreakable rules and fully encrypted data. No corporation, and no government, will be able to shut down websites or services, and no single person will be able to manage other people’s identities. 

### Data Ownership: 

End users will recover total control of their data while also benefiting from encryption security. On a case-by-case and permission basis, information can then be shared. Big firms like Amazon and Facebook now have servers keeping data on dietary choices, income, interests, credit card numbers, and other personal information. It’s not just about improving services; marketers and advertising pay billions of dollars each year for the info. 

### New Beginnings: 

Other experts believe that Web 3.0 will begin from scratch. Rather than using HTML as the primary coding language, it will rely on an unidentified new language. According to these experts, it may be easier to start from scratch rather than improve the current Web. However, this form of Web 3.0 is so theoretical that predicting how it would work is nearly impossible. 

You can read more guest articles at [brendanbeeken.com](https://brendanbeeken.com/). 

What is Web 3.0 in Crypto?

While it's not as well-known as Bitcoin, it's still a currency worth paying attention to. If you're looking to convert your Dogecoin into GBP, you need to know some things to get the best rate.

[Dogecoin](/coins/doge) is a popular cryptocurrency. While it was originally created as a joke, the coin has gained much traction and has even been used to purchase goods and services.

## What is Dogecoin?

Dogecoin, or "Doge", is a decentralized, peer-to-peer digital currency that allows users to send money online. The currency was created in 2013 by Jackson Palmer and Billy Markus to make cryptocurrencies more accessible and fun. The name comes from the popular "Doge" [meme](/news/article/memecoins-whats-popular), which features a Shiba Inu dog.

Doge has several advantages over other cryptocurrencies. For starters, it has a much lower transaction fee than Bitcoin. Additionally, Dogecoin transactions are confirmed much faster than Bitcoin transactions. Finally, there is no limit to the amount of Dogecoins that can be mined, unlike Bitcoin, which has a 21-million-coin limit.

While Doge is not as widely accepted as Bitcoin, there are still a number of places where you can use it to purchase goods and services. In addition, a number of exchanges allow you to convert Doge to other currencies, including GBP.

## Converting Dogecoin to GBP

The first step in converting [Dogecoin](https://dogecoin.com/) to GBP is to set up a wallet. There are several different wallets available for Dogecoin, but we recommend using the official Dogecoin wallet.

Once you've downloaded and installed the wallet, simply open it up and create an account.

Once you've created an account, you'll need to find an exchange that supports both Dogecoin and GBP. We recommend using Binance or Kraken as they're both reputable exchanges with low fees.

Once you've found an exchange that meets your needs, create an account and deposit your Dogecoins into the exchange's wallet. Once your Dogecoins are deposited in the exchange's wallet, you'll be able to trade them for GBP (or any other supported currency).

Place an order for the amount of Dogecoins you want to sell at the current market price and wait for someone to match your order. Once your order is matched, your Dogecoins will be automatically converted to GBP and deposited into your exchange account. You can then withdraw the GBP to your bank account or use it to purchase goods and services online.

By following these steps, you can ensure that you'll get the best rate when converting your Dogecoin into GBP.


How to Convert Dogecoin to GBP

In 2022, interoperability and bridging have been the top priority of developers. Alongside Polygon Bridge, several [bridges](/news/article/binance-bridge) are already in place that connect different blockchains. Among them, the top blockchains that provide a solution for this problem have been [Binance](/news/article/guide-to-binance-uk) and [Avalanche](/news/article/avalanche-crypto-metamask). 

[Polygon](https://polygon.technology/) is also an emerging network for interoperability. It offers two bridges that allow easy transfers between MATIC and Ethereum. Here, we discuss the workings of Polygon and explore how you can transfer tokens between different networks! 

## Polygon Bridge explained

It is yet another solution in the crypto space for asset transferring between different blockchains. Since the blockchain provides scalable infrastructure for networks supported by [Ethereum](/news/article/ethereum-the-merge), moving assets between blockchains is necessary. That's why a bridging mechanism was created to allow interoperability.

This provides the MATIC network with a cross-chain feature, which operates on a trustless smart contract. With the availability of this feature, you can send ERCs and [NFTs](/news/article/polygon-nft-drops-2022) to its side chains. 

There are two [Polygon bridges](https://wiki.polygon.technology/docs/develop/ethereum-polygon/getting-started/#pos-vs-plasma); one is Proof-of-Stake (PoS), and the other is Plasma. PoS bridging is a widely used option as it is highly flexible and supports more token standards.  

## How to use a PoS bridge

The following steps will guide you on using the PoS bridge. 

1.	Firstly, go to the [web wallet](https://wallet.polygon.technology/) and choose the Polygon Bridge option.
2.	Link your cryptocurrency wallet, like [MetaMask](/news/article/what-is-metamask) or any other, to it. Then, you need to sign a verification message and proceed to it by verifying the URL.
3.	It will redirect you to the bridging interface. Else, you can go to that page by selecting the option from the menu bar on the left. 
4.	Then you would need to send tokens from Ethereum to the Matic network. For this, click on the ‘Deposit’ tab and select the token you have to bridge. 
5.	After that, enter the amount as per your preference and proceed with ‘Transfer.’
6.	Next, it will show you important reminders about what it supports and what it does not. After reading that, you can go ahead with ‘Continue’.
7.	Then you will be able to review the estimated transaction fee. Here check all the transaction details and proceed with ‘Continue’.
8.	 Next, it will ask for your approval via signature. If all the details are correct, continue by clicking ‘Confirm’.
9.	Your transaction will take a few minutes. Meanwhile, you can monitor its status through [Etherscan](https://etherscan.io/).  
 
[Polygon](/news/article/polygon-crypto) provides a formidable infrastructure for Ethereum-compatible blockchains whose bridging tool completes it by providing cross-chain asset transfers. It has two bridging options; PoS and Plasma. 

PoS can be ideal as it allows flexibility and supports many tokens. If you own a crypto wallet, like MetaMask, you can easily integrate it with the Polygon Bridge to transfer your assets between different blockchains.
 


Polygon Bridge Guide: Transfer Your Asset

Wrapping your head around Wrapped Luna, or WLUNA, cryptocurrency could prove a profitable investment, so let's dive straight into it.
WLUNA is a wrapped version of Luna cryptocurrency that belongs to the Terra ecosystem. But to fully understand what it is, we should first understand what a wrapped token means.

A wrapped token is a copy of a cryptocurrency on a blockchain separate from its native network and backed on a 1:1 basis. This is why a wrapped token's value is the same as its underlying native currencies. As such, wrapped coin holders can redeem them for the cryptocurrency they represent.

Speaking of the role wrapped tokens play in the crypto ecosystem, they increase interoperability between blockchains and are used to provide liquidity to a growing DeFi ecosystem.

Along similar lines, WLUNA is pegged to the value of Luna and has the same value as Luna.

## Rebranded as WLUNC

As seen on [CoinMarketCap](https://coinmarketcap.com/currencies/wrapped-luna-token/), by April 2022, there were an increasing number of different addresses holding Wrapped LUNA as the token became widely available. At the time, WLUNA was trading at $116, the same as the Luna.

However, this was before the [collapse of the Terra stablecoin](/news/article/terra-luna-collapse) and the subsequent crash of Luna in May 2022. After the collapse of the ecosystem, the Terra community voted to split the blockchain into two separate chains.

As such, the original chain was then rebranded as the Terra Classic network, which also led to the creation of a new LUNA Coin called LUNA Classic (LUNC). Its wrapped version was named Wrapped LUNA Classic (WLUNC).

Since WLUNC is tied to the value of Luna, it also suffered the same fate as the original cryptocurrency and lost 99.9% of its value. As of writing, WLUNC is trading at [$0.00023](https://coinmarketcap.com/currencies/wrapped-luna-token/).

## How does it work?

Unlike Luna, WLUNA is minted on Ethereum and is an ERC-20 token. WLUNA basically represents Luna on the Ethereum blockchain. 
As for how it works, you freeze your original tokens and mint Wrapped LUNA tokens on Ethereum. This way, you can make your idle Luna tokens work by locking them up in DeFi protocols.

Being based on the Ethereum blockchain allows it to be used on [Ethereum](/news/article/ether-price-prediction), which wasn't possible for Luna. This way, the holders of [WLUNA](https://www.livecoinwatch.com/price/WrappedLUNAToken-WLUNA) tokens not only get to utilize the Terra ecosystem but also participate in the vast and thriving DeFi ecosystem of Ethereum.

WLUNA is designed to provide Luna holders with greater liquidity and flexibility in using their Luna tokens.

So, if you have an Ethereum wallet, you can store, lend or borrow your WLUNA token on the decentralized applications (Dapps) built on the second-largest cryptocurrency network.

To buy WLUNC, you can head over to Coinbase and Uniswap.



Understanding Wrapped Luna

[SOS](https://www.finder.com/uk/how-to-buy-opendao) will not be available for purchase on an exchange in the United Kingdom. So, where can you buy OpenDAO in the UK?

Users can still buy SOS by using a decentralised exchange (DEX). Decentralised exchanges run on blockchains such as Ethereum and are essentially exchanges allowing users to trade any asset with one another directly.

1.	Find SOS on a decentralised exchange and ensure OpenDAO is tradable for ETH, Ethereum's native asset. Popular DEXs include Uniswap, SushiSwap, and 1INCH. 

2.	Using an exchange such as CoinJar, purchase ETH to trade for SOS. Users must buy enough ETH to swap for SOS and ETH to cover Ethereum network transaction fees (gas). You can find out how much gas fees currently cost by using a service like Etherscan. 

3.	To connect to the DEX, deposit the ETH into a web 3.0 wallet such as MetaMask.

4.	Follow the on-screen instructions to trade ETH for SOS on the DEX of your choice. Users must ensure they have enough ETH in your wallet to cover gas costs. 

5.	Wait for the transaction to complete before receiving the SOS tokens in your wallet.

6.	Users can now keep the tokens in their web 3.0 wallet or transfer them to a more secure location, such as a hardware wallet.

## Best OpenDAO wallets to store your SOS

Investors can keep their SOS on the exchange they bought it on or move it to a personal wallet:

•	Some people prefer to use their wallets to ensure total ownership of their assets or to use them in conjunction with other applications such as DeFi services. 

•	Hardware wallets are regarded as the safest type of cryptocurrency wallet because they use a physical device to improve security in various ways.

## Is OpenDAO a good investment?

Purchasing cryptocurrency can be a risky endeavour, but there are precautions users can take to reduce risk, such as conducting thorough research about [OpenDAO](/news/article/daomaker-guide) before purchasing: 

Investors can spend time researching a coin before deciding to invest, especially if the coin's price is seemingly spiking for no apparent reason. 

Stick to reputable exchanges: Stick to more well-known crypto exchanges to avoid losing money in a scam. Try to store cryptocurrency in a hardware wallet instead of on an exchange.

Investigate the coin's creators and developers: A frequent red flag is anonymous teams. You might want to consider alternative cryptocurrency investments if you can't find information on the coin's creator.

## How to trade, convert or sell OpenDAO

Users can convert or sell their SOS on the same exchange where they purchased it: 

1.	Sign into the exchange where SOS is.
2.	Compare crypto exchanges to convert or sell your [OpenDAO](/news/article/nrch-crypto-explained) if you keep it in a digital wallet. 
3.	Select Sell or Convert and enter a sell order. 
4.	Select the amount of SOS you want to convert or sell. 
5.	Confirm the selling price and fees, and then complete the sale of OpenDAO. 
6.	Complete your transaction and save your SOS in a wallet.

## OpenDAO Vision

1.	Maintain USDO health:

•	Maintain [peg](https://opendao.gitbook.io/whitepaper-v4/introduction/dao-mission-statement).

•	Increase liquidity.

•	Use only appropriate collateral to support USDO borrowing.

2.	Increase the circulation of USDO. Increase the amount of USDO in the market by pre-seeding various lending markets.
3.	Boost USDO Adoption 
4.	Encourage native use cases, such as on-chain applications, off-ramps, and real-world acceptance. 

The DAO is responsible for ensuring that only high-quality collateral is whitelisted. Following this goal, OPEN token holders can stake OPEN for veOPEN, which grants them voting rights in governance matters such as minting more USDO, determining which collateral on the whitelist is accepted, and seeding whitelisted markets. 

veOPEN holders receive mint and interest fees generated by the OPEN protocol. If a whitelisted collateral market experiences a black swan collapse, treasury OPEN must be sold to cover any losses.

After a three-month lock, OPEN locked in to create veOPEN can only be unstacked. Only committed OPEN holders have the right to vote on governance and fees. 

## Use Cases for OpenDAO

As a stablecoin, USDO is for whatever purpose the user desires. On various AMMs, different USDO token pairs allow the swap of USDO against other tokens such as BUSD, USDC, and USDT. OpenDAO is working to develop various native use cases for USDO.


How to Purchase OpenDAO in the UK

[Cobak](https://cobak.co.kr/) is a Korean-based cryptocurrency platform that has shaped Korea’s most influential community in the crypto space. The platform runs an app with around 60,000 daily active users and 300,000 total downloads. It also has introduced the [CBK crypto](https://www.forbes.com/digital-assets/assets/cobak-token-cbk/) coin, one of the largest Korean cryptocurrencies.

The Cobak token is currently valued at only $0.807. But, one reason it has grabbed investors’ attention worldwide is its low-risk rank. Because of this reason, many investors consider it a somewhat safer bet in a speculative asset class.

Are you interested in knowing more about its potential? Let’s take a deeper dive into Cobak blockchain and CBK crypto!

## A brief overview of Cobak

Cobak is a blockchain and cryptocurrency platform launched in March 2018. Earlier, it started as a news service related to cryptocurrencies. But, later, it rolled out its CBK token with its first sale through ICOs (Initial Coin Offering) in 2019. The platform also develops blockchain wallets and organises several airdrops through its Pop Quiz and Cobak Live. 

The token is based on the ERC-20 standard and can be supported by all Ethereum-based wallets. In addition, it works on the Proof-of-Stake ([PoS](/news/tag/pos)) mechanism like [Ethereum](/news/tag/ethereum). The token is used to power the Cobak ecosystem and precisely has four significant roles within the ecosystem. These are:

•	CBK crypto serves as the utility token on the network and facilitates transactions.

•	It helps in unlocking exclusive benefits for the members.

•	It is distributed as a reward among members for performing certain acts that are helpful to the community and the network.

•	You can use it to pay platform fees.

## CBK crypto tokenomics

CBKs facilitate all the economic activities on the Cobak network. The total supply of CBK crypto is 100,000,000 tokens. The largest part, which makes up 33% of these tokens, has been allocated to the ecosystem. 

The second-largest allocation, 30%, is assigned to private sales. Another 20% is for [DeFi](/articles/learn-moni/what-is-a-defi-token) staking incentives, and 15% is for the Cobak team. Lastly, 2% of tokens are reserved for the platform partners.

![cobaj.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/cobaj_d8a46cc098.png)
 
#### Source: Cobak Whitepaper

However, there is a token-burning mechanism which eliminates tokens from the total supply. This mechanism is in place for the development of the network. It will burn 20% of the tokens to maintain their value over time. A percentage of the withdrawal fee and service payment will be used for burning.   

## Where to buy the CBK Crypto coin?

It is relatively easy to find this cryptocurrency, as it is available on most top exchanges. You can quickly trade it on [Coinbase](/news/tag/coinbase), [Kraken](https://www.kraken.com/), [Gate.io](https://www.gate.io/), [MEXC](https://mexc.com/), Upbit, DigiFinex, and others. Most commonly, it is available in CBK/USDT and CBK/BTC trading pairs. Some exchanges might also allow fiat exchanges.

## CBK token price prediction

As of October 06, 2022, the worth of one CBK token is $0.807. However, CoinMarketCap shows it touched its highest level of $16.31 in April 2021. On the other hand, its lowest was $0.746 in June this year. 

As per the observations by various analysts, the token holds [low risk](https://www.investorsobserver.com/crypto/8107/cbk). This implies that only a large flow of dollars can impact the price of CBKs. That’s why small movements in or out of the market will not necessarily translate into big-price actions. 

Other economic factors may not influence the CBK price volatility much as other cryptocurrencies. Therefore, it poses a less risky option for investors. 

The prediction from [DigitalCoinPrice](https://digitalcoinprice.com/forecast/cobak-token) is in line with this view. It suggests that in 2023, the coin will trade at an average value of $1.82. In addition, its highest may reach $1.92, and its lowest could be $1.72. Its steady growth may continue until 2025, with the price likely averaging $3.28. In 2030, the CBK token’s price is forecast to reach $11.45. 

## Is CBK crypto a good investment?

The CBK crypto is a relatively new project that offers informative content and blockchain wallets. The forecast for the coming years for this crypto shows steady growth. Though you would not get as much upside as other coins, it may provide profitable gains. 

It is likely to be a less risky bet for investors as small-scale dollar inflows and outflows do not influence its price. Nonetheless, as the crypto market is volatile, thorough research is advisable to avoid risks. 
 



CBK crypto 101: a thorough guide to the platform

The [Celo platform](https://celo.org/) is a layer-1 protocol that introduces an ultralight and fast app through which you can do transactions in stablecoins or tokens. This protocol allows you to develop user-friendly and borderless financial tools accessible via mobile.

The Celo token as it is the native currency on the platform. You can earn this crypto in various ways, including staking, [lending](/news/article/crypto-lending), or yield farming. However, as it is based on PoS, staking is highly rewarding.

This article runs through the steps to stake Celos to make better profits. 

## How to stake Celo?

The following simple steps will help you figure out how to stake Celo tokens!

1.	Create a Celo web wallet

![celo 1.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/celo_1_20be758d83.png)
 
You first need to create a web wallet to earn Celo staking rewards. For this, go to the [Celowallet.app](https://celowallet.app/setup) and click on *Create New Account*. It will show a warning for security risks of using the browser version. Here you can proceed by clicking the *I Understand* button. 

![celo 2.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/celo_2_84ae71b2aa.png)

Then, it will show your public address, unique icon, and seed phrase. Note down your wallet address and seed phrase so that you can securely access your account in future. 

2.          Set up the desktop app

After that, install the desktop app on your device. Sign in to your wallet by entering your details. Once your wallet runs on the app, you can send Celos to it for staking.  

3.          Lock Celos

Now, you need to lock the Celos you want to stake. For this, click on the *More* button, which will open a dropdown menu. Select the Lock option here and enter the amount you want to stake. After that, proceed with *Continue* and confirm with *Lock*.
 
4.          Assign Celos to a validator group

Once you have locked the tokens for staking, you can assign them to multiple validators. Again, go to the More dropdown menu and select *Stake* for assigning them to a validator. It will lead you to a list of validators in the system. 

This is tricky, as you have to choose the right validator to earn better rewards. However, you can easily check their track records by clicking on their names. If the status is good, you can proceed with the *Vote for Group* button.

After that, you can enter the number of tokens you would like to delegate to the selected validator. Finally, continue and confirm by clicking on Vote.

5.          Activate validator votes

The last step for staking Celo is to activate your validator votes. As the platform requires 24 hours to verify the votes, you would have to wait. Then, revisit the app after the period, and it will ask you about vote activation. 

Proceed with *Activate*; a page will appear with all the details about the validator and staked amount. Finally, verify these details and activate these votes to stake Celos.

## Bottom line

Celo staking is one of the easiest ways of earning rewards on the platform. First, you must set up a Celo wallet and app on your device. Then, send Celos to your wallet and lock them for staking. After that, delegate the tokens to a validator by voting for them. Finally, activate your votes after 24 hours to earn staking rewards. 



How to stake Celo? - A step-by-step guide

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

[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

Polygonscan is a block explorer and analytics platform that lets users view and analyse any transaction on the Polygon blockchain. The Polygonscan API (Application Programming Interface) launched with various supports to provide features such as transaction tracking, gas tracker, and more, with additional features expected in the future.

Its release encourages developers to launch dApps using the [Polygon network](/news/article/polygon-crypto). As well as it also ensures that users have the best possible experience when using their favourite dApps for trading, buying and selling NFT, and a variety of other activities.

## How will Polygonscan assist?

MATIC is a blockchain scalability platform that promises to solve Ethereum's problems, such as low Tics Per Second (TPS) and high fees. When compared to Ethereum, Polygon has higher throughput. Compared to the Ethereum network, the gas fee on Polygon is relatively low.

The block explorer allows users to easily check blockchain data such as:

•	Daily transactions

•	Unique addresses

•	Average block size

•	Average gas price

•	Daily gas used 

•	Daily active ERC-20 addresses

•	Validators

•	Contract verification

•	ABI verification.

Polygonscan has capacity to handle the high transaction volume, processing 7 million transactions daily. Launching decentralised apps on the polygon blockchain will also be easier further to the networks recent upgrade.

## How to use Polygonscan to add the Polygon network in MetaMask

You can also use Polygonscan to connect Polygon to MetaMask by following the instructions below.

1.     Sign in to your online crypto account.

The first step is to ensure that you already have an online crypto account. If this is the case, install the MetaMask browser extension. When the download is finished, the Metamask page will appear, where you can log in to your account.

Click the 'Add Polygon Network' button. Then navigate to Polygonscan.com. Click on the small button with the words 'Add Polygon Network' at the bottom of the page.
 
2.     Join MetaMask and Polygon.

You will be redirected to the MetaMask page after clicking the button. Then press the "Approve" button. You have successfully connected the blockchain network to the online crypto account and will be redirected to the Polygon mainnet shortly.
 
## Is it valuable to get involved with polygonscan? 

Polygonscan comes with a variety of features that makes users' life easier. Getting involved with the block explorer can be beneficial in the long run. 



An ultimate guide to Polygonscan

[Investing in KDA](https://coinmarketcap.com/currencies/kadena/) requires that you have a valid email address and identity. Once you've verified your identity, you can deposit funds to the exchange or exchange your funds for Kadena. Once you've purchased the desired amount of KDA, you can withdraw the token to your wallet.

[Kadena's digital currency](https://kadena.io/) is primarily aimed at the sizeable DeFi market, where there are many applications. The PoW consensus mechanism and capped supply of Kadena's digital currency make it an exciting choice for this space.

The project's founders have extensive experience with blockchain technologies, including Bitcoin and Ethereum. 

Despite being relatively new, Kadena has already attracted the support of several prominent crypto venture capitalists, including CoinFund, Multicoin Capital, and Amino Capital.

The project aims to address the challenges associated with existing blockchains while delivering the same level of security as Bitcoin. The new platform also provides end-to-end solutions, including a mobile wallet that's easy to use. 

With more than 15 thousand active monthly users, Kadena's X-Wallet is poised to become the leading crypto wallet of the Kadena ecosystem.

The company is also pushing the boundaries of DeFi protocol development, creating a multichain, scalable DeFi ecosystem. In addition, Kadena's digital currency will be built on the only scalable PoW layer-1 blockchain.

## Its scalability

While Ethereum is widely considered a powerful platform, it has issues with processing times. Ethereum is moving towards a Proof-of-Stake algorithm, which should increase speed. However, other projects, [such as the Solana project](/news/article/solana-price-gbp), compete directly with the KDA coin.

The Kadena project's unique architecture aims to provide scalability and security. It is built on a hybrid blockchain platform with a public chain protocol Chainweb and a private chain protocol Kuro. The KDA team claims that the new architecture makes it easier for businesses to use the technology.

The Kadena coin uses a Proof-of-Work algorithm similar to Bitcoin but is designed to be more scalable. Its prototype can process over seven thousand transactions per second. It is also focused on security and scalability, making it a strong competitor of the Ethereum blockchain.

## KDA coin value

Since launching, Kadena has grown by about 125% year-to-date. The startup claims that its cryptocurrency has the potential to revolutionize the way the world interacts. The platform offers unique features and is highly stable, making it an ideal investment opportunity.

The company has a website that claims that Kadena preserves the security of Bitcoin while allowing for faster transactions. This cryptocurrency has also performed very well in the fourth quarter of 2021, even though the cryptocurrency market is saturated with startups seeking to promote the mainstream adoption of blockchain.

## How to buy it

If you've ever wondered how to buy KDA coins, it's straightforward, and you won't even need to use your credit card. First, sign up for an account on a cryptocurrency exchange such as Coinbase. Then, you can deposit funds and exchange them for KDA.

Once you've verified your identity and email, you can enter the amount you'd like to purchase and click "Buy." Once you've received your KDA, you can withdraw it to your wallet.

Next, visit CoinMarketCap to find the best place to buy Kadena. You'll see a list of exchanges where you can buy KDA and other currencies. Using a significant cryptocurrency exchange, you can also use a bank account to purchase KDA.
 



Kadena- How to buy KDA coin

A non-fungible token is a digital asset representing physical items such as art, music, in-game items, and videos. They are bought and sold online, frequently using cryptocurrency, and are typically encoded with the same underlying software as many cryptos.

 Even though they have been around since 2014, NFTs are now gaining popularity as a popular way to buy and sell digital artwork. Since November 2017, $174 million has been spent on NFTs.

 Non-fungible tokens have taken over the world as some well-known celebrities have begun participating in the decentralised finance (DeFi) space. These digital assets have fundamentally altered the landscape of digital communities and networking in general. Some projects within these communities offer free mints or airdrops to qualifying holders, providing an exciting way for new investors to obtain free NFTs.

## Four ways to obtain free NFTs

1.     Twitter NFT giveaways

If you're interested in free NFTs, Twitter is probably the first place you should look. Many creators usually share their upcoming projects on Twitter, and some of these projects also launch free NFT giveaways as a promotional strategy.

Even though giveaways are available on all social media platforms, Twitter appears to be the most popular platform for free NFT competitions and gifts.

Follow new creators and projects that frequently offer free NFT tokens via giveaways and, if possible, check out their Instagram, Discord, and other social media accounts. If they have a smaller following on other social media accounts, it will be easier for you to compete for a giveaway on those platforms rather than on Twitter.
 
2.     NFT airdrops 

NFT airdrops are distributed to eligible individuals, typically project holders. One of the most well-known airdrops was the mutant veils for BAYC holders, in which those who owned one [Bored Ape NFT](/news/article/how-to-buy-monkey-nft) were given an exclusive drop of Yuga Lab's second project, Mutant Ape Yacht Club. This free airdrop to Bored Ape holders is worth around $50,000 as of January 2022.

Because people are often excited to receive free digital assets, this process allows for quick project adoption and growth. Airdrops are also crucial in the community because they give investors something to look forward to when purchasing.

3.     NFT games with earnings

Play-to-earn video games pay users in cryptocurrency for completing tasks or defeating opponents in the game. These decentralised games usually require an initial investment because they require the purchase of NFTs to begin playing. Although the initial investment for some games may be high, the proficiency to earn free NFTs or crypto can make it a worthy venture. Axie Infinity and The Sandbox are two popular play-to-earn games. Sorare is another play-to-earn game that combines Fantasy Soccer with NFTs and Ethereum rewards.
 
4.     Create your own NFT

Some decentralised applications (DApps) enable you to mint your own NFT on a blockchain. It's important to remember that just because anyone can create it doesn't mean it's valuable.

The worth of an NFT is entirely subjective, though some advantages include proof of ownership and community benefits. When you buy these assets on the blockchain, you get a verified ledger of all transaction history, which makes ownership and overall history completely transparent.

## Are free NFTs valuable?

If you want to get a taste of the market, then getting NFTs for free is a great place to start. However, remember that many scammers will try to make things difficult for you.

To begin, it will only help if you avoid any shiny deals and only follow authoritative accounts on social media and news from prominent websites to get ahead of most people struggling to get free NFT tokens.

Free NFTscan be profitable only if you obtain them from trustworthy websites. Recently, a British woman [won a free NFT from twitter and sold it for $110K](https://www.businesstoday.in/trending/story/brit-woman-wins-free-nft-from-twitter-sells-it-for-life-changing-110000-300578-2021-07-06). In the long term, these can be profitable for you, but remember, crypto and NFTs are volatile markets. Conducting a deep analysis of the market before getting involved is advised. 




How to get free NFTs?

US study suggest that blockchain learning should become mandatory in schools so that students can "learn about the future of the world's economy."

Parents and college graduates were screened to ensure they had an ample level of knowledge of blockchain technology, cryptocurrency, NFTs, and the Metaverse before they were allowed to participate in the survey. Anyone who didn't understand the topics was disqualified from participation. 884 American parents and 210 US college graduates participated in the survey.

According to a [new survey](https://study.com/resources/crypto-education.html) from the online educational platform Study.com, 64% of parents and 67% of college graduates surveyed believe that cryptocurrencies should be included in mandatory education.

Both sample groups had slightly different opinions on blockchain learning. Between 25%-40% of respondents agreed that courses on  blockchain, the Metaverse, and nonfungible tokens (NFTs) should be included in the curriculum.
 
![blockchain learning.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/blockchain_learning_fab5cdbd4e.png)

Source: ([Study.com, 2022](https://study.com/resources/crypto-education.html))

## Survey Result

The survey result coincides with rising interest in and use of cryptocurrencies in the US. According to the survey, parents and college graduates who have invested in cryptocurrencies are likely to make financial contributions to their children's education. 

Over three-quarters of parents who hold cryptocurrencies make an average contribution of $766 in their children's blockchain learnings, while over three-quarters of graduates who have invested in cryptocurrencies spend an average of $1,086 on education.

The survey also revealed that both groups thought that understanding "the future of the world's economy" and ways to "diversify investments, create opportunities, and grow an investing mind" is most crucial.

## Universities are adding blockchain learning to their curriculum

Several American universities have started offering introductory courses on [blockchain](/articles/learn-moni/what-is-blockchain) technology and cryptocurrency applications, including Arizona State University and the University of Connecticut. According to Marianne Lewis, a professor at Connecticut University, the 14-week elective course at the university is intended to teach students "how to manage cryptocurrencies and how such digital assets impact our economy."

Prestigious universities like Harvard University and the Massachusetts Institute of Technology (MIT) have started to offer similar courses.



US parents want blockchain learning in school

Competition in the crypto space has made a few projects come up with innovative ways to entice and get new users. Some crypto projects offer  tokens for free, but with a catch. Depending on the project you can earn free crypto by learning or playing.

## What is Learn to earn crypto?

Learn to earn crypto involves getting free crypto by learning about digital assets on a crypto platform. The free crypto you get is usually the one you’ve learned about.

Since there is nothing like a free lunch , how do the platforms benefit? The platforms benefit in two ways. Firstly, by learning about crypto on a platform you boost its traffic. You are also more likely to engage with other services the platform provides.
Secondly, the free crypto tokens you get make you an investor in the tokens. The more people get the free crypto, the better its chances of price appreciation over time.

## Learn to earn crypto platforms

A few well-known platforms offer the learn to earn crypto incentive.

## Coinbase

Coinbase is a reputable crypto exchange with thousands of [coins](/coins), tokens and NFTS. The platform allows users to learn about different crypto currencies and earn through its [Coinbase Earn](https://www.coinbase.com/learning-rewards) page.

As per the platform users can choose whichever available crypto coin they would like to learn about, do a simple quiz, testing whatever they have learned then get their free crypto. Some of the coins and tokens users can learn and earn from include GRT (The Graph), GAL (Project Galaxy), and ALEPH (Aleph.im).

Note that to benefit from Coinbase Earn you have to meet all its eligibility requirements, which include living in a country eligible for Coinbase Earn. The program is, therefore, available in selected countries.

## Binance 

Binance is another popular crypto exchange available in more than 140 countries globally. Like Coinbase, Binance allows users to earn free crypto through its Learn & Earn section.

In the [Learn and Earn section](https://www.binance.com/en/support/announcement/178888d976424c43baabd1b1c649e6ff), are instructional films and reading materials that enable users to learn about several crypto coins. Once you are done learning about a preferred crypto coin you will take a quiz to gauge your understanding of the coin. If you pass the quiz you get your free crypto coins.

It is worth noting that Binance’s learn and earn rewards are limited. Once they get depleted users can’t participate in the program any more.

## CoinMarketCap 

Coinmarketcap is a price-tracking website for crypto assets. The platform allows users to earn free crypto through its [Earn Crypto](https://coinmarketcap.com/earn/) page.

On the Earn Crypto page are lots of crypto coins including TRX (TRON), SXP (Solar), LIKE (Only1), and SAND (Sandbox) to learn and earn from. There are video tutorials and reading materials to help learn about the various coins. A quiz comes at the end. Once you pass the quiz you get your free crypto.

Coinmarketcap’s learn and earn program is also [limited to certain countries](https://coinmarketcap.com/earn/faq). Users from countries like Belarus, Cuba, Iraq, Iran, and Mainland China cannot participate in the program.

## Phemex 

Phemex is a crypto exchange and trading platform trusted by millions of users across the globe. The exchange has a Learn & earn page where users can earn free crypto.

On the Learn & Earn page users can familiarize themselves with basic crypto concepts and exchange features through watching short videos. After your learning session, you will take a quiz, which will determine whether you get your free crypto or not.

Phemex Learn & Earn program is limited to selected countries. The program is currently not available in India, Russia, Venezuela, Ukraine, and Indonesia among other countries.

## BitDegree  

BitDegree is an online education platform powered by blockchain. The platform has a LearnDrops page where people can learn about real-world crypto projects and earn crypto.

The process of earning free crypto through BitDegree’s LearnDrops is the same as other Learn to earn crypto programs. Once you watch a video about the crypto project you wish to learn about you will do a quiz. If you pass the quiz you get your free tokens.

## Bottom line

Learn to earn is one of the many ways various crypto projects are looking not only to survive but profit from the cryptospace. The program, while it might cost platforms a few coins offers them a lot in terms of traffic and coin adoption.

Listed above are only a few platforms that offer learn to earn crypto programs. Do your research and you will find more blockchain-based platforms that will allow you to earn free crypto by simply learning about a crypto coin, project, or topic you are interested in.

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