• Breaking News

    Saturday, October 2, 2021

    Ethereum Amazon confirm that "25% of all Ethereum workloads in the world run on AWS".

    Ethereum Amazon confirm that "25% of all Ethereum workloads in the world run on AWS".


    Amazon confirm that "25% of all Ethereum workloads in the world run on AWS".

    Posted: 02 Oct 2021 06:20 PM PDT

    I'm giving this Ethereum NFT card to every. single. person! Info below!

    Posted: 02 Oct 2021 03:46 PM PDT

    Check and Mate: Grandmaster Magnus Carlsen to play for NFT trophy (Build on ETH)

    Posted: 02 Oct 2021 04:42 AM PDT

    Hackers exploit MFA flaw to steal from 6,000 Coinbase customers — Report

    Posted: 02 Oct 2021 10:07 AM PDT

    If you had to come up with a replacement name for 'NFT' what would you call it?

    Posted: 02 Oct 2021 03:30 PM PDT

    GEA: Global Ethereum Anagraphics (how Ethereum can become the center of the world)

    Posted: 02 Oct 2021 03:23 PM PDT

    So I participated to the Gitcoin call for Public Funding It seems my paper for some reason got "lost" (?)

    No drama: I imagined a world where if the Ethereum Community doesn't build things for the institutions, so the future may take the wrong direction. Instead if we join our forces we can really change the world and turn it to our side.

    It was a very fast writing I made to make the community aware of something I had in mind since many years.

    I post it here in order for it not to get lost.

    You can have a look in this doc. Any suggestion to make this a reality is really appreciated. Thanks to all you guys who find 5 minutes to have a look. I wrote this for you. With GEA Ethereum becomes the center of the future.

    (just my opinion of course, you are the experts here, not me)

    https://docs.google.com/document/d/13civ-WX4lo5uExW54MxuaaDZN3KIcLznZOJcC7tcpqM/edit?usp=sharing

    I created a server in case you want to discuss this all together https://discord.gg/qmbTmfGMDY

    (english not my mother language lol)

    submitted by /u/maxxflyer
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    EthStaker Presents: Rocket Pool Mainnet Launch

    Posted: 02 Oct 2021 08:22 AM PDT

    Received 15 dollar of ETH yesterday?

    Posted: 02 Oct 2021 06:22 PM PDT

    Hello, I found something odd happened yesterday. For some unknown reason I received 15 dollars of ETH from an unknown address to my mining wallet. I do not understand why or where it came from. I thought maybe the payout conditions for my mining pool had changed, but it is not the same address that the pool has used for all other transactions to my wallet.

    I'm kind of worried it is an attempt to fraud my wallet somehow, but I do not know how. Has this happened to anyone else on here? It's in the back of my mind constantly wondering if my wallet is gonna be a target or something to get what I've mined so far?

    I've debated on making a new wallet and transferring my ETH to it just so the address is different. Would that make sense to do?

    submitted by /u/Spec187
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    Interesting title

    Posted: 02 Oct 2021 02:33 PM PDT

    Weekend fun!

    Posted: 02 Oct 2021 06:58 PM PDT

    Creating NFT on Optimism

    Posted: 02 Oct 2021 10:13 AM PDT

    I'm working on a NFT collection on Optimism. Layer 2 has much lower fees than main net. I'm surprised NFT has not taken off on layer 2 yet. There are a lot of NFT being released on Polygon but that's not true L2. I'm hoping NFTs will take off on layer 2 once Opensea supports them. Anyone has any thoughts on NFTs on layer 2?

    submitted by /u/firefoxadventure
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    TikTok launches its first NFT collection

    Posted: 02 Oct 2021 05:58 PM PDT

    $5 M Worth NFTs Sold by 12-Year Old | Bitcoin News: 2nd October 2021

    Posted: 02 Oct 2021 09:12 AM PDT

    Token Economics and Investment

    Posted: 02 Oct 2021 07:41 PM PDT

    We provide over 100+ crypto FREE articles available! :D (Link on our profile)

    TLDR:

    Tokens are not a magic pill that will solve all issues. Know your competitive advantage of using a token and exploit all the advantages that tokens can bring to your ecosystem. It is more than just a simple store of value — not every token is bitcoin.

    General Conclusion

    In this episode, we interview Arthur Cheong, a DeFi investor. He's on Twitter as Arthur_0x. From the perspective of an investor, who invests in tokens and token projects, we uncover what makes a good token economics so that investors are interested in investing in that. He also shared his top 3 projects with good token economics, opinions on yield farming and advise when designing tokens.

    1. What makes a good token?

    Number 1 factor is that there must be concrete value accrual or value capture. What does it mean? Tokens have something that is worthy for you to invest. The most popular token is Bitcoin. Bitcoin is investable because you can think of it as digital gold. It is a store of value because people believe that there is a scarcity in supply and (hence) value. The value did pretty well over the last 10 years and also has shown to be the most reliable token. So bitcoin is investable because it is a good store of value over the medium to long term.

    Store of value comes from a very huge network effect. If you are like Litecoin or other smaller crypto, you will struggle to be a good store of value because money has a very huge network effect. It's just like USD. They have huge network effect. When you are using it, you are less likely to use other smaller currencies as your day to day transaction, be it your international commerce, and also financial activities. Most are denominated in USD. It is the same for crypto.

    Beyond money, the other investable tokens are some tokens that give you some sort of value capture, like some claim to the cash flow, either through a direct reward distribution or have some sort of buyback and burn mechanism.

    These are the one that make it a good token.

    2. Summary of Good Token Economics

    (1) it is able to tokenise the economic value accrued by the network so that it can be distributed to the users and the community. Because at the end of the day, one of the principle is that decetralisation also means equality or distribution of power to the community and users of the community.

    (2) there has to be very clear value accrual or value capture. Either within the ecosystem or compared to alternatives or options outside the ecosystem and off-chain solutions.

    (3) token is not just a one-off asset or thing to have one objective, which is probably a store of value. But a token has a lot of other use cases that needs to be tapped on like a way to bootstrap the ecosystem. It's more than just one objective that the token serves, but it has a lot more secondary and tertiary objectives that a token has to serve. To maximise the usage of the token, to maximise the existence of tokens in the ecosystem.

    3. If you can have one advice that you can give to token designers or economic designers, what would you give?

    To summarise, that would be one to know your competitive advantage of using a token as opposed to the traditional market where no tokens are being used because that is where the strength of tokenisation lies.

    The second is to use tokens to its utmost advantage, to explore and leverage all the benefits that tokens can bring. It can be incentivising, reputation building, etc.

    And lastly is absolutely find product market fit. Tokens are not a magic pill. It's not Jack and the Beanstalk, when you have the pill or the beans and you can grow a beautiful solution to eradicate you from poverty. Tokens are really just a means to an end. Tokens are not an end to itself. Tokens can only help to accelerate growth if there is something about growing. That means, this product has good product market fit, that is much better than the alternatives in the space. People are willing to use it, to test it, to try it.

    submitted by /u/economicsdesign
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    How to properly implement the ContractURI for full on-chain data?

    Posted: 02 Oct 2021 07:15 AM PDT

    I have this ERC721 contract (removed all unnecessary stuff), in which I also implement TokenURI using base64 encoded JSON and SVG. The on-chain TokenURI works and OpenSea renders it properly. But the ContractURI, when set to the example (without comments, so valid JSON) does not change the store page at all.

    I've followed the steps on the OpenSea page about contract metadata.

    Am I doing something wrong, or have I missed something?

    If this sub isn't the proper sub for it, let me know or delete the post. I've also asked on OpenSea and Ethdev, to no avail yet.

    submitted by /u/LifelessMC
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    I made a decentralised billboard living on a NFT

    Posted: 02 Oct 2021 07:27 AM PDT

    Do you have a public wallet and a personal wallet?

    Posted: 02 Oct 2021 07:43 AM PDT

    I want to change my Twitter name to one of my pseudonymous ENS names. But the reverse record points to an account closely related to a personal account an ENS of my real last name.

    Ideally, I want my real name to be for real life p2p payments, and the pseudonymous account for gaming, NFTs, poaps, farming, etc.

    I'm not comfortable with it being public facing. So what's the best way to separate, or at least widen the gap between these two accounts considering the nature of a public blockchain?

    submitted by /u/80_AM
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    Do you personally feel that NFTs are legitimate?

    Posted: 02 Oct 2021 04:46 PM PDT

    Where can I find upcoming ICOs on Polygon or any other L2 platform?

    Posted: 02 Oct 2021 04:46 AM PDT

    Is there any ICO originally on Polygon (Polygon has support from Binance so transfering MATIC on Polygon chain is almost free) so I can avoid ETH gas prices? Where can I find list of projects like that?

    submitted by /u/asta-bre
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    Virgil Griffith: I helped North Korea Avoid U.S. Sanctions

    Posted: 02 Oct 2021 06:57 AM PDT

    Treasures of New Zealand NFT Collection

    Posted: 02 Oct 2021 06:09 PM PDT

    Discover the Treasures of New Zealand today ❄️✨ All 1/1 NFTs comes with a HD Print shipped World-Wide 🌍

    Check it out!

    https://opensea.io/collection/treasuresofnz

    submitted by /u/J66kson66
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    Transferred an nft token to a smart contract address. Is there a way for it to be redeemed?

    Posted: 02 Oct 2021 01:33 PM PDT

    TDance.com, new and trending Ethereum ERC-20 tokens

    Posted: 02 Oct 2021 01:01 PM PDT

    Hello! I'm a developer and I recently released TDance.com.

    I'm not a big large company, I'm a solo developer, and new crypto trader, who loves DeFi and the entire ecosystem.

    Before I built TDance, I was trading some of the newest BSC tokens and got scammed a few times with sh*t coins and rug pulls, that I decided to try and build something to help detect more legit projects and coins with real momentum behind them.

    As always, do your own research, this isn't financial advice, but I hope TDance.com helps others, like it has me, become a more informed DeFi trader.

    Check it out!

    Edit: Here are some screenshots:
    https://imgur.com/a/DHE6wsk

    submitted by /u/arnoldbm
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