onehundreedcointext

There are over 10,000 tokens currently listed on CoinGecko, each with their own “superpower.” But not all of them are still alive. In the last year, the number of dead coins has increased by 35% , nearing the 2000 mark. That’s spooky if you ask me. RIP! In truth, the actual number of dead coins is much greater than that as not every coin is listed on analytics websites such as CoinMarketCap or CoinGecko. Every rug-pull equates to a dead coin, and one article highlights that there have been around 1,300 rug pulls , registered to date. However, the number of coins that die every day is problematic. It’s not only meme coins that die. Following the 2017 bull cycle, which saw the first emergence of the Altcoin season, tokens posted record-breaking gains, only to deflate in the following months as the crypto market entered a bear cycle, during which a great number of tokens lost their momentum during, some even disappearing completely or reforming under a new name. At the end of s...

Cryptocurrencies that have been abandoned or no longer exist are often referred to as dead coins  Dead coin trackers consider a project with less than a $1,000 trading volume in three months an abandoned project BitCoin Killer, OneCoin, turned out to be a Ponzi scheme that duped users of over $4 billion The crypto space is growing at a remarkable rate, with new projects launched all the time. As of October 29, CoinMarketCap tracks the data of over 13,300 crypto projects. More than 2,000 of these projects fall into a category known as dead coins. What Are Dead Coins? Dead coins refer to cryptocurrencies that have been abandoned and no longer exist. These projects were either used as a scam , ran low on liquidity, or had their developers flee from the project. The number of dead coins spiked in 2017 when every business thought it was best to launch an initial coin offering (ICO). In 2017 alone, approximately $4.9 billion was raised via ICOs. However, 80% of a...

Halloween has a long history and has evolved extensively over time. The celebration came from Celtic harvest festivals and other pagan roots, through Christianization, crossed the Atlantic Ocean, reached North America, and transformed into trick-or-treating.  Spooky paraphernalia and merch now fill shelves of stores and houses, and have become a part of the yearly tradition. As the future is digitalization, and singularity is around the corner, even Halloween is shifting into the virtual world. One of these steps has been the appearance of thematic NFTs.  So let’s take a look at the spooky and the not-so-spooky-but-cute NFTs released so far in the market!  The Curse NFT This one is indeed spooky. At first glance, it’s just a 10-second 3D model of a female face under the rain. However, the story behind it is that is the #1 most searched image for “face” on Google. Krystall Schott, the girl in the image, literally felt like Google stole her own face...

The virtual pet genre became a pioneer in the crypto gaming industry but generated too many similar projects. Aavegotchi took its inspiration from Tamagotchi rather than Pokémon and mixed it with interesting visuals as well as peculiar mechanics. Virtual pet games became one of the most popular genres in the crypto gaming industry. The evolution is quite obvious: as NFTs are the main pivot in blockchain games, Pokémon’s motto “catch them all” is one of the first things that comes to mind when connecting these two factors.  Moreover, the popularity of CryptoKitties and CryptoPunks fostered the addition of gamifying features into the already well-working collecting formula. Thus, we got Axie Infinity, which put blockchain gaming on high rotation.  On the other hand, virtual pet games overflooded the market. Just a few of the projects that come to mind are Axies, Binamon, My DeFi Pet, Ethermon, and a bunch of smaller ones featuring the same concept and mechanic...

It’s been famously said that the only two certainties in life are death and taxes. For many of us, the only thing spookier than preparing your own funeral arrangements, is preparing your own taxes – especially if you’re in crypto. That’s why it might be a good idea to partner with crypto tax experts heading into the end of the year. "In 2017, which was a very high-growth year for cryptocurrencies, prices went up tremendously and then dropped significantly in 2018. I saw taxpayers that had massive taxable gains in 2017 and then lost their entire portfolio the next year. Now the IRS is calling, and those individuals still must pay taxes on those earlier gains, but they don't have the funds. Proper planning and tax optimization services can help prevent that," according to Justin Woodward, a tax attorney who specializes in digital assets and is the co-founder of TaxBit. TaxBit has offered a comprehensive tax solution for cryptocurrencies for the past few years. It...

The metaverse is envisioned by the same companies that have guided our digital interactions in the past decade. An interoperable multiverse with shared frameworks has to be developed to prevent Silicone Valley hegemony. All elements interacting with the metaverse have to function in a decentralized fashion. Did you attend this year’s “ Metaverse Festival ,” hosted by Decentraland? Chances are you didn’t because there isn’t much going on in the metaverse at the moment. Well, that’s not entirely true. To put things into perspective, Paris Hilton and Deadmau5 performed while the festival gathered sponsorships from Heineken or Playboy. The metaverse is the ultimate digital ideal currently propagated by major tech companies. But, unfortunately, the blockchain industry is developing in tandem with the growing societal demand for a more interconnected digital culture while not abiding by the standards of the few: Silicon Valley tech gurus. Stuck in the Marketing Cycle...

Cryptocurrency investments have the allure of a lucrative get-rich-quick scheme. Cryptocurrencies are accessible to all types of buyers, regardless of their societal or capital worth. Investors always seek the upside of crypto, while totally dismissing its downside – volatility. Whatever holds value is worth looking into. Robert Arnott said, “In investing, what is comfortable is rarely profitable,” and investing in crypto is mildly comfortable, but nobody in the crypto space gets rich that easily. However, that’s one of the main prerogatives of the industry; crypto is easy, and rapidly accessible, but not everyone has the knowledge and comprehension necessary to fully understand it. So if this is the case, why do they buy into it? Building up the Prices Crypto is its own form of culture. Belonging to the crypto trading/investing subculture encourages social reinforcement as all investors seek a similar financial goal. In “ The psychology of cryptocurrency t...

Player 1 and Player 2, choose your characters!  Today in the weekly gaming digest:  Valve hesitant to return P2E games to Steam, while GameStop looks for specialists for its NFT marketplace. Halloween NFT drops from blockchain games: Blankos Block Party, My Neighbor Alice, Decentraland, The Sandbox, X World Games, Enjin, REVV. GAMEE launches blockchain gaming platform for iOS and Android, with mini-games. Thetan Arena open beta was released on PC. Valve Hesitant to Return P2E Games to Steam, while GameStop Looks for Specialists for its NFT Marketplace The Steam vs blockchain games battle continues. The digital game marketplace has already received tons of petitions, open letters, and resentment. The most active player in the blockchain gaming industry working to protect the interests of crypto projects seems to be Enjin. They cooperated with the Blockchain Game Alliance and 26 individual NFT projects in order to send a collective letter .  Va...

Bitcoin is on the rise as it hit a new all time high after six months, surging over $66,000 last week.  The approval of the first Bitcoin ETF by the SEC, which went live on the New York Stock Exchange on Tuesday 19 th , had been a key factor in the recent price boost. In other developments, ETH, and other Altcoins, have also recorded massive gains, taking crypto’s market cap even higher.  How far can Bitcoin go? Standard Chartered and other firms aim for above $100,000. The volatility of the crypto market has been one of the highlights of the market year after year. Bitcoin, which was founded in 2009, has received massive adoption over the years, shocking many of its doubters. Over the years, skeptics of crypto have gradually changed their positions on the digital asset. Government officials, and many of the big agencies spearheading centralized finance, have added cryptocurrencies to their offerings in an effort to tap into the growing crypto commun...