The Innovative Gamification Points Strategy of Blast, a Pioneering Ethereum Layer 2 Blockchain
Crypto Fireside
by JULIAN
8M ago
Blast is an Ethereum Layer 2 blockchain that has unarguably succeeded in capturing user attention. It is the most degen L2 that exists, and unsurprisingly it has created huge hype around itself. This has been achieved with gamification which we’ll explore in detail.  The Blast airdrop game is currently unfolding. Yet, it’s one of the most exciting combined points and airdrop strategies we’ve seen in crypto. This article delves into their captivating approach to points and gamification. What is Blast? The first and currently only Layer 2 blockchain that provides native yield. This means t ..read more
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The Dollar Dilemma: Why Not Every Dollar Is The Same?
Crypto Fireside
by JULIAN
10M ago
Have you ever thought about the idea that not all dollars are created equal? On the surface, it may seem like a really odd concept. After all, isn't a dollar always worth a dollar?! The answer, surprisingly, is much more complex than it appears. There are different characteristics, but also risk profiles associated with different types of dollars, and it's essential to understand the nuances when holding dollars in your portfolio. Let's delve into this surprisingly interesting topic by examining several different types of dollars: traditional U.S. dollar in a bank (small and large), U.S. doll ..read more
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Unlocking Cryptocurrency DNA: A Deep Dive into Tokenomics
Crypto Fireside
by JULIAN
1y ago
You’ve probably heard that a huge part of a crypto project's potential success can be attributed to its tokenomics. But what does this mean, actually? Tokenomics is a fundamental concept for anyone interested in investing in cryptocurrencies. It refers to understanding the economic and financial principles that underlie the design and functionality of various cryptocurrencies. Tokenomics is a combination of 'token' and 'economics' hence the name tokenomics. The concept is relatively new but has quickly become an important aspect of the cryptocurrency and blockchain industry. Before making any ..read more
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Cat-in-a-Box: A fresh perspective on DeFi for liquid-staked assets
Crypto Fireside
by JULIAN
1y ago
Cat-in-a-Box (CIAB) is a recently launched truly innovative lending protocol, created by two co-founders of Alchemics, which introduces Dynamic Lending to DeFi. The goal of the protocol is to bring enhanced utility for holders of yield-generating tokens (currently stETH only), providing an expanded range of opportunities tailored to those who maintain a long-term perspective on their staked tokens. At the heart of Cat-in-a-Box’s design is a unique feature that fosters responsible borrowing, while actively discouraging the practice of excessive leveraging. This thoughtful mechanism promotes fi ..read more
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Bitcoin vs Altcoins: Which is More Profitable?
Crypto Fireside
by JULIAN
1y ago
The potential of altcoins for crypto portfolio returns and diversification. During the great crypto boom of 2017, which made cryptocurrencies popular all over the world - in just three months from September to December, the price of Bitcoin rose by 1300%. At the same time, other tokens gained much more. Ethereum delivered gains of over 9,000%, while Ripple (XRP) saw gains of over 36,000%. For speculative currencies like virtual currencies, this may not be a surprise, but their movement is indicative of the fact that altcoins have more serious growth than the first cryptocurrency Bitcoin. Of c ..read more
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Plutus Card: Revolutionizing Payments with Crypto Cashback
Crypto Fireside
by JULIAN
1y ago
The Ultimate Guide to Plutus Card. What is it? How to use it? Is it too good to be true? Introduction The Plutus Card is a groundbreaking financial product that combines the convenience of traditional fiat payments with the benefits of cryptocurrency. By using the Plutus Card, users can make purchases in fiat currency while earning PLU, the native cryptocurrency of the Plutus ecosystem, as cashback. You can get 3% of cashback with NO commitment in terms of funds you need to invest whatsoever plus you get one free perk. Which is a cashback of up to €10 per month for something like Amazon, Shel ..read more
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The Risks and Rewards of Investing in Blockchain ETFs
Crypto Fireside
by JULIAN
1y ago
The number and capabilities of digital currency and blockchain ETFs are limited due to regulatory restrictions, but they are an interesting option for exposure. The topic in brief The advantages of investing in crypto ETFs are diversification, convenience and professional management. Risks are related to market volatility, regulatory pressures and legislative changes. With the growth of cryptocurrencies, interest in exchange-traded funds in digital money is growing. The world of cryptocurrencies has grown exponentially over the past decade with the rise in the value of digital assets such a ..read more
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Hackers Steal Record $3.8 Billion in Crypto in 2022. How to Protect Yourself?
Crypto Fireside
by JULIAN
1y ago
Criminals from an organization linked to North Korea are responsible for most of the attacks. Is there salvation? Cybercrimes related to crypto have increased in the last year and the losses from them are for 3.8 billion dollars. This is an increase of $500 million compared to 2021, which highlights the vulnerability of the crypto industry to hacker attacks. Chainalysis, a blockchain analytics firm, has released a report titled "2022: The Biggest Year for Crypto Hackers," which details the different types of crypto attacks. The report identified the exploitation of vulnerabilities in poorly s ..read more
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How to Build an NFT Community 101
Crypto Fireside
by JULIAN
1y ago
Building an NFT community is a world trend for all artists and creators. However, not as easy as it sounds when NFT is relatively new to everyone, especially your audience. Building a successful NFT community requires having a plan in place as a community manager to start, grow, and maintain such a community. An effective plan often incorporates platform and content engagement techniques as well as community goals and guidelines. Once, you might easily get discouraged if you do not get the right strategies and tips to know how to build an NFT community. This article is right for you to land o ..read more
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What is a Crypto Wallet? The Ultimate Guide 2023
Crypto Fireside
by JULIAN
2y ago
What is a crypto wallet? What ways to store digital currencies, and which one is most suitable for you? Learn in our comprehensive web3 guide. ? TABLE OF CONTENTS Introduction Crypto Wallets Vs Exchanges: Where Is It Better to Store Your Crypto? What is the difference between a crypto wallet and an exchange wallet? • Custodial wallet: The type of wallet that is used by crypto exchanges • Non-custodial wallet: Personal wallet for which you have the sole responsibility Why does it matter where I store my crypto? Crypto wallets vs exchanges: Why use an exchange for storage? • Pros of storing yo ..read more
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