We all have been hearing about AI for a very long time. But it’s just recently that AI has finally started to take off and come in the hands of general public usage. The most recent development that has caught a million eyes in just a few days of its release is ChatGPT. Thousands of people from various fields are using chatGPT to make their daily work a little bit easier. That’s how much impact AI can bring in our daily lives.

But do you know how AI has revolutionised crypto space? What kind of impact AI is having on the various sectors of crypto space? To just name a few AI can be used to analyse market data and predict price trends, which can help traders make more informed decisions and potentially increase profits, AI can be used to optimise mining operations and improve energy efficiency. In blockchain technology, AI can be used to improve consensus algorithms and data management. It can also be used to enhance the security of cryptocurrency networks by detecting and preventing hacking attempts. Let us understand this in a bit more detail below.

AI in cryptocurrency trading

The cryptocurrency traders have also caught up with the world of AI and they have already started using AI for a lot of different purposes to improve their decision making skills in trading. Advanced analytics and predictive capabilities are just some of the tools that AI has empowered the traders with. Machine learning algorithms can be trained on historical market data to identify patterns and make predictions about future price movements.

One of the most popular applications of AI in cryptocurrency trading is the use of automated trading bots, which use AI algorithms to make trades on behalf of the user. These bots can scan the market for opportunities, monitor multiple assets and make trades based on pre-set strategies. This can be particularly useful for traders who want to take advantage of market fluctuations but don’t have the time or expertise to do so manually.

Natural language processing (NLP) which is also a branch of AI can be used to monitor social media and news outlets for sentiment analysis, which can be used to predict market trends. AI is being used to revolutionise cryptocurrency trading by providing traders with more accurate and actionable insights, automating tedious tasks, and improving the overall efficiency of trading processes.

AI in security of blockchain networks

In this digital day and age where hacks are becoming far too common in blockchain networks, AI has shown some promising improvements in the security of blockchain networks. One of the main ways AI is used in this regard is through the application of machine learning algorithms to monitor blockchain transactions and detect abnormal or suspicious activity.

One example of this is the use of AI-powered intrusion detection systems, which can monitor blockchain networks for signs of hacking attempts and other malicious activities, and alert network administrators when such activity is detected. Another example is the use of AI-powered smart contracts, which can automatically execute predefined actions in response to certain conditions, such as the detection of a hacking attempt. Similarly, it can also be used to improve the process of identity verification and authentication on blockchain networks.

AI in Blockchain-based Applications

Artificial intelligence and machine learning are breathing new life into blockchain-based applications. The intersection of these two cutting-edge technologies is poised to revolutionise various industries, bringing newfound efficiencies, insights, and capabilities.

Take the example of supply chain management, where the trust and transparency of blockchain are combined with the data-crunching power of AI. The result? An unassailable record of transactions, enriched with valuable intelligence derived from the analysis of that data. In healthcare, blockchain’s secure data storage meets AI’s pattern recognition prowess, resulting in earlier identification of potential health risks.

And that’s just the tip of the iceberg. With AI and blockchain in tandem, we are witnessing the rise of decentralised autonomous organisations, organisations run by code, not people. These entities can make decisions based on predetermined rules, operate independently of centralised authority, and have the potential to be game-changers in various industries.

Consider the financial sector, for instance. AI-powered decentralised lending platforms are set to transform the lending landscape, with AI evaluating the creditworthiness of borrowers and enabling faster, more efficient lending.

The marriage of AI and blockchain-based applications holds immense promise. By providing added functionality and new use cases, this union is poised to drive blockchain adoption across multiple industries.

Conclusion

AI and blockchain technology are a formidable duo, presenting unprecedented potential to change the way we do things. As AI continues to gain traction in various industries, its integration with blockchain technology is providing new use cases, efficiencies, and capabilities that were previously thought to be impossible. Whether it’s cryptocurrency trading, blockchain security, or supply chain management, AI and blockchain are rewriting the rulebook and pushing the boundaries of what is possible. With every breakthrough, we are witnessing a new era of decentralisation, automation, and intelligence, where machines and algorithms take the lead, freeing us from the drudgery of manual processes and enabling us to achieve more with less. The convergence of AI and blockchain is truly a marvel, and we can’t wait to see what the future holds!

The post AI in Blockchain: The Next Frontier of Innovation appeared first on Scaleswap.

Synthetic tokens, otherwise known as “wrapped” tokens, are digital assets which are established on one chain and symbolize the value of an asset on another blockchain. To give an illustration, a WBTC (Wrapped Bitcoin Token) is a token built on the Ethereum blockchain which stands for the worth of a Bitcoin on the Bitcoin blockchain.

On the contrary, “actual” tokens are native tokens that are generated and exist on the same blockchain. For instance, Bitcoin is a native token on the Bitcoin chain, while Ether is a native token on the Ethereum blockchain.

There are several contrasts between synthetic tokens and genuine tokens:

• Reliability: Synthetic tokens require a third gathering to hold the hidden resource and issue the wrapped token. This implies that there is an element of trust related to utilizing synthetic tokens. Then again, local tokens don’t require trust in a third party, as the worth is straightforwardly attached to the blockchain and can be confirmed on the blockchain.

• Fluidity: Synthetic tokens may have lower liquidity contrasted with local tokens, as they are not as widely utilized or acknowledged. This can make it harder to purchase or sell synthetic tokens, as there may not be as numerous purchasers or venders.

• Charges: Synthetic tokens may likewise bring about higher expenses contrasted with local tokens. This is on the grounds that the cycle of making and keeping up synthetic tokens includes different gatherings, for example, the third party custodian and the blockchain that the synthetic token is made on.

• Interoperability: Native tokens that originate from blockchain technology can be conveniently exchanged between wallets and exchanges. On the contrary, synthetic tokens may encounter problems with being compatible with all wallets and exchanges.

Synthetic tokens come with a few downsides when compared to the native tokens. Although they can provide a certain level of comfort and convenience, they also require more trust and may have lower liquidity and higher fees. Consequently, it is often wiser to use native tokens instead of synthetic tokens when possible.

Exchanging Synthetic Tokens for their Native Blockchain on a Decentralized Exchange (DEX) A decentralized exchange (DEX) is a viable way to convert synthetic tokens back to their native blockchain.

The DEX

A DEX is an online platform that enables individuals to buy and sell digital currencies without the involvement of any centralized entity. A DEX can be utilized to substitute a synthetic token to its native blockchain as shown below:

• To exchange one token for another, you need to use a decentralized exchange (DEX) that allows both types of tokens. For example, if you have Wrapped Bitcoin (WBTC) and want to swap it for Bitcoin, you will need to find a DEX that supports both.

• Once you have done that, sign up with the DEX and follow their instructions to verify your account (if necessary). • Afterwards, transfer your synthetic token to the DEX. Make sure to provide the DEX with the address of the wallet where you are storing the synthetic token.

• After the synthetic token has been shifted to the DEX, you can then exchange it for the native blockchain you want. For example, if you have WBTC and want to swap it for Bitcoin, you can trade your WBTC for Bitcoin on the DEX.

The DEX will then send the native blockchain to your wallet. It is crucial to make sure to provide the DEX with the accurate wallet address for the native blockchain you are receiving.

It is crucial to remember that the method of exchanging synthetic tokens to their original blockchain may differentiate depending on the DEX employed. Make sure to attentively read the directions given by the DEX and observe the most excellent conventions for safely keeping and handling your cryptocurrencies.

The post Examining the Pros and Cons of both Native and Synthetic Cryptocurrencies appeared first on Scaleswap.

The cryptocurrency market has experienced its fair share of ups and downs over the years, and the events of the past few weeks have been no exception. In recent news, the popular centralized cryptocurrency exchange FTX suffered a major outage that left users unable to access their funds and trade on the platform.

The incident at FTX has led many users to consider switching to DEXs, which offer greater security and control for users. DEXs do not hold users’ funds, which means that there is no central point of failure that can be targeted by hackers.

This fact has also focused on the importance of decentralized technologies, such as blockchain, in the cryptocurrency market. Decentralized technologies offer a more secure and resilient alternative to centralized systems, as they do not have a single point of failure and are resistant to tampering and fraud.

To consider

There are several reasons why you might want to consider using a decentralized exchange (DEX)

• Decentralized control: DEXs are decentralized, which means that they do not have a central authority that controls the exchange. This can be an advantage for users who value privacy and want to avoid the risks of having their funds controlled by a single entity.

• Greater security: DEXs are generally considered to be more secure than CEXs, as they do not hold users’ funds and do not require users to entrust their funds to a central authority. This can reduce the risk of funds being lost or stolen due to a hack or other security breach.

• Better compliance with regulations: DEXs can potentially be better able to comply with regulations, as they do not have a central authority that can be regulated. This can make DEXs a more attractive option for users in jurisdictions with strict regulatory requirements.

• Lower fees: DEXs often have lower fees compared to CEXs, as they do not have the same overhead costs and do not need to generate profits for shareholders.

These factors may make DEXs a more attractive option for users who want more control over their funds and want to avoid the risks and costs associated with centralized exchanges.

Conclusion

For these reasons, it is important to consider the risks of using a CEX and to carefully research and evaluate the security measures that the exchange has in place to protect your funds. If you decide to use a CEX, it is advisable to only store on the exchange the amount of cryptocurrency that you need for immediate trading purposes and to withdraw the rest to a secure, self-custodied wallet.

The post The rise of DEX after FTX fall appeared first on Scaleswap.

Central Bank Digital Currencies (CBDCs) are digital versions of a country’s national currency that are issued and backed by the central bank. They are designed to be used as a means of payment and store of value, similar to traditional physical currencies.

Cryptocurrencies, on the other hand, are digital assets that are created and managed using decentralized technologies such as blockchain. They are not issued or backed by any central authority, and their value is determined by supply and demand on cryptocurrency exchanges.

It’s important to note that CBDCs and cryptocurrencies are fundamentally different and should not be compared. Here are some reasons why:

• Issuance and backing: CBDCs are issued and backed by the central bank, which gives them the full faith and credit of the government. This means that CBDCs are considered to be a more stable and reliable form of currency compared to cryptocurrencies, which are subject to volatile price fluctuations.

• Regulation: CBDCs are subject to central bank regulations and oversight, which helps to ensure their stability and security. Cryptocurrencies, on the other hand, are largely unregulated and operate outside of the traditional financial system.

• Purpose: CBDCs are primarily designed to be used as a means of payment and store of value, while cryptocurrencies are often used as an investment asset or a speculative instrument.

• Technological differences: CBDCs are generally built on existing infrastructure such as the central bank’s existing payment systems, while cryptocurrencies use decentralized technologies such as blockchain.

CBDCs and cryptocurrencies serve different purposes and operate in different ways. Comparing them is not productive or useful, as they are fundamentally different types of assets. It’s important to understand the unique characteristics and use cases of each in order to make informed decisions about whether and how to use them.

Could Central Bank Digital Currencies be Used as a Tool to Control Consumerism?

It is possible that Central Bank Digital Currencies (CBDCs) could be used as a tool to control consumerism, as they can potentially be designed to include features that allow for greater control over the use of the currency. For example, CBDCs could potentially be designed to include features such as:

• Negative interest rates: CBDCs could potentially be designed to include negative interest rates, which would mean that individuals and businesses would be charged for holding onto the currency. This could potentially discourage people from hoarding the currency and encourage them to spend it instead, which could stimulate economic activity.

• Spending limits: CBDCs could potentially be designed to include spending limits, which would limit the amount of currency that individuals or businesses can use for certain types of purchases. For example, the central bank could impose limits on the use of CBDCs for luxury goods or non-essential purchases in order to encourage responsible spending.

• Digital wallets: CBDCs could potentially be designed to be used with digital wallets, which could allow the central bank to track and monitor the use of the currency in real-time. This could potentially provide the central bank with greater visibility into economic activity and allow them to make more informed policy decisions.

Overall, while CBDCs could potentially be used as a tool to control consumerism, it is important to note that the specific features and design of a CBDC would ultimately determine its ability to do so.

The post Comparing Central Bank Digital Currencies and Cryptocurrencies appeared first on Scaleswap.

General Information

• UKISS IDO is the first Protected Launch on Scaleswap, which means that the UKISS team will do their best to make their project performing. If you want to learn more about Protected Launch, here is the article.
• Public and Private IDO pools for UKISS ($KISS token) will open on September 30th at 12pm UTC / 8pm HKT. Only whitelisted participants who have also successfully completed KYC will be able to take part.
• The UKISS IDO is ONLY hosted on https://app.scaleswap.io. Please be aware of scams, fake websites, and impersonators!
• The IDO will be conducted on the BSC network and USDT will be needed for the participation. 

Step 1: Be informed

There are numerous ways you can get notified about upcoming events on Scaleswap such as pre-IDO, IDO, INO, etc. Here they are:

• Sign up for email notifications (recommended)
  https://scaleswap.io/?subscribe
• Join our Telegram community
  https://t.me/scaleswap
• Follow us on Twitter
  https://twitter.com/Scaleswapio

Step 2: Due diligence

After you receive information about an upcoming sale on Scaleswap, the best first step is to learn more about the project on our site. There you will find a dedicated page for every project that we have in our pipeline. Let’s learn more about UKISS on this link.

Step 3: Start Building Your ScaleSCORE

There will be two pools in UKISS IDO – Private and Public. 

• Private pool – allocation per person is larger and participation is guaranteed based on the ScaleSCORE rankings. To participate in the private pool you should join the ScaleScore loyalty system. For UKISS IDO, max allocation is $700 per person in the private pool.
  
• Public pool is dedicated for everyone who wants to participate and the only requirement for that – successfully passed gleam tasks. However, allocation in the public pool is smaller, your chances of securing a spot are lower. For UKISS IDO, max allocation is $500 per person in the public pool.

Step 4: Apply to Be Whitelisted and Complete KYC

Whitelisting is mandatory for every offering on Scaleswap. In order to be eligible to participate in the UKISS IDO, kindly fulfill all the tasks in gleam. After it’s done, the best way to get notified about all important  dates and details is by signing up for email notifications. You can also enable push notifications on your mobile device for our Telegram Announcement channel or Twitter Account.

Steps

• Submit whitelist application
• Complete KYC (this is necessary to ensure a fair, transparent, and legally compliant launch)
• Kick back and relax while Scaleswap processes each of the requests. Approved applicants will receive notification by email

Additional notes

For the participation in the offerings on Scaleswap we highly recommend to use Metamask desktop version.

Step 5: Ready for Launch!

Before the sale you will get the email invite to participate from marketing@scaleswap.io. When you get it, it means that you’re whitelisted –  congratulations! Now you just have to read the email carefully and prepare the amount of USDT that you plan to exchange for $KISS tokens.

Step 6: The sale!

1st batch

Public pool will open on https://app.scaleswap.io/ at 12pm UTC on the 30th of September. To join the pool, everyone should connect his wallet a few minutes before the pool is open – in order to be prepared. Remember, the public pool is based on FCFS, so there’s a chance that not everyone who is whitelisted will get the allocation.

Private pool will open on https://app.scaleswap.io/ at 12pm UTC on the 30th of September for top 100 Scalescore holders who joined the whitelist. Every wallet will have guaranteed allocation within 30min – it means that there’s no need to rush until the pool is closed at 12.30pm UTC. At the same moment, at 12.30pm UTC will start the 2nd batch for the private pool –  will be whitelisted next 50 TOP ScaleScore holders if there’s still some allocation left. 

Step 7: Claim $KISS

TGE for $KISS is planned in 72 hours after the IDO, so it will happen not later than 3rd of October – on PancakeSwap. More details will be released after the IDO.

Don’t hesitate to ask any questions you have in our telegram chat.

Good luck!

The post UKISS IDO on Scaleswap – A Complete “How-To” Guide. appeared first on Scaleswap.

Scaleswap is well known for its fairness and community-oriented approach. We always had the aim to give equal opportunities for participation in good projects for everyone. 

Overview

From the very beginning, Scaleswap DAO put all time and effort into doing deep research and due diligence on the projects. We carefully take every needed step to ensure that each project launching on Scaleswap has good fundamentals —  to protect our community.

However, we have seen an increasing number of projects and teams that have not followed proper guidelines, simply being irresponsible and not respecting their community’s funds. To filter out the more reckless actors, and also to make sure projects put full effort into making their projects successful, Scaleswap decided to announce the new type of decentralized offerings that will be held on Scaleswap –  called “Protected Launch”.

By announcing “Protected Launch” Scaleswap DAO commits that the launch will be held with rules, in order to protect Scaleswap’s community and to give the additional motivation for projects to put full effort into making their projects successful. 

Find below the rules related to the “Protected Launch”: 

Keep in mind that in case of breaking any of these rules – there is a reason for refund to participants, based on the decision of community voting of people who participated in the IDO event.

Scaleswap commits to

• A minimum amount of liquidity to be added by the project on a DEX according to the total raise. 
• Lock-ups required for “Team Tokens” (team, development, marketing, advisory, etc tokens) of the project launching on Scaleswap. 
• The case when some of the project partners got deployed tokens on any exchange earlier than Scaleswap’s community – it’s a reason for the community voting too.
• If any of the launchpads that were co-launching the project, decides to reimburse their community – it’s a reason for the voting to refund.
• Only send funds to projects in batches according to a vesting schedule to be able to refund the community in the cases of project abandonment, hacks, exploits, system breakdown, or malicious activity. (The funds are held on the decentralized protocol and do not have custody control)
• To have no more than 30 days between an IDO and its token listing. In case of a bigger delay, the community has an opportunity to vote for/against a refund. Except this timing was clearly communicated before the IDO.

These protected launch rules are subject to change if our community asks for upgrades or changes. In case of changes, it will be communicated properly before the project is launched as an IDO. For projects already launched, protected launch rules that were set at the time of the IDO can not be changed afterward.

The post Protected Launch – Powered by Scaleswap appeared first on Scaleswap.

Steps to follow

Step 1: Be informed

Step 2: Due diligence

Step 3: Claim ScaleALPHA NFT

Step 4: KYC

Step 5: Sale

Here are the conditions of each batch:

• In the first batch (guaranteed allocation), TOP ScaleScore holders who applied to the gleam and NFTpass holders will have 30min with the ability to buy max guaranteed allocation with no rush. They should join the pool at 12pm UTC and connect their wallets to participate.
• The second batch will be organized on a FCFS basis 30min after the start of the first batch – on the 20th of September at 12.30 p.m. UTC. The maximum allocation per person in the second batch will be announced soon. 

Important notes

• The Boss Fighters ScaleALPHA pool will be conducted on BSC.
• Buying token: USDT (also you will need a small amount of BNB for transaction fees in order to participate).
• The Boss Fighters ScaleALPHA pool will be conducted on https://app.scaleswap.io .
• The list of wallets whitelisted to both batches will be published shortly before the sale.
• Maximum allocations for both batches will be announced soon.
• Minimum allocation 50 usdt.
• SCA token has the contract address on Polygon 0x11a819Beb0AA3327E39f52F90d65Cc9bCA499F33 , can be bought at https://quickswap.exchange/#/swap.

Kindly notice, that every participant will get the invite in his mailbox with the batch number relevant to him before the IDO.

Question or Issue about something that isn’t covered here?

We kindly invite you to join our Telegram channel, where there is always someone to assist you!

About Boss Fighters

BOSS FIGHTERS is a multiplayer action game where a VR player controls a powerful Boss, fighting a team of PC players in funhouse battles.

Enter the arena as Boss or Fighter, to become a futuristic superstar gladiator, to battle for valuable loot, ranks, and crowd amusement!

Trailer – https://drive.google.com/file/d/1PeIViVnZzTvmfS6_FOobCA3EBBv3vZlw/view?usp=sharing

Features

TRULY UNIQUE GAME

Literally the world’s 1st VR/PC action competitive game with digital assets!

Embark to online multiplayer, or play with friends on the couch in party mode. A unique game that has never been seen in WB3.0 and NFT space before.

MOVE-TO-EARN in VR. Physics-based VR player’s gameplay, the sense of scale and power while controlling the giant Boss implies active movement! In BOSS FIGHTERS – VR Players are handsomely rewarded for playing as the Boss!

WATCH-TO-EARN 

There is no show without spectators! BOSS FIGHTERS is designed for player-viewer interactions. Streaming is rewarded – the more spectators – the better rewards for players! Spectators also get rewards for supporting players and can even interact with the battle arena through Twitch API.

FEE-TO-PLAY-TO-OWN

The game is free-to-play. However, players can monetize their success by minting rewards as NFTs to trade them on the marketplace, use tokens to access advanced game modes, and compete for large token prize pools in tournaments

CREATORS SUPPORT

BOSS FIGHTERS supports user-generated content. Get rewarded for streaming, or making mods, skins, maps, and other in-game digital assets to trade on the marketplace.

HIGHLIGHTS

• Asymmetric Multiplayer Tap into the web2 players’ community and VR enthusiast market!
• Destructible & Interactive Unleash creative violence in wacky boss fights
• Progression & Ownership Free-to-play economy with asset ownership
• Team Play & E-Sports Community and Sponsored Tournaments
• Easy Access Steam, EGS, Mobile platforms, and Meta Quest support!

Partners and Backers

Myria, Infinity Pad, Master Ventures, Metavest Capital, Final Frontier, Launchpool, Alphabit Fund, Enjinstarter, Shugo Ventures, Fractal and many more!

Team and Advisors

Pixward Games – The game development studio founded by a professional team of VR and game developers with more than 8+ years of a proven record of success in delivering top-quality VR applications, AAA, and indie games. Winner of Epic Grant for VR development.

• CEO, VADIM – 10 Years in game development, 5+ years in VR enterprise development. 
• Art Director, KAMILA – Gameloft 4+ years working on top studio projects. 
• Game Designer, KIRILL – massive AAA titles like STALKER and METRO series in the portfolio.
• VR Game Designer, ANDREW – Winner of 5 VR/AR hackathons, over 10 projects shipped including games for the Vive / Rift / WMR.
• Game Design & Economy Advisor, IGOR ANTONOV – Products Director at Gameloft.

Token Utility

• DEFLATIONARY Buyback and burn tokens using FIAT and token income
• GATED CONTENT Stake to unlock game modes and tournaments
• MARKETPLACE Mint assets as NFTs, trade on marketplace
• WATCH-TO-EARN Twitch API, rewards for content creators and viewers

Token Metrics 

• Seed Round Price $0.003 |  3m Valuation
• Strategic Round Price $0.004 | 4m Valuation
• Private Round #1 Price $0.005 | 5m Valuation
• Private Round #2 Price $0.00625 | 6.25m Valuation
• IDO Round Price $0.0075 | 7.5m Valuation
• Initial Market Cap $176,250
• FDV $7,500,000
• Expected IDO date Q4 2022

Snippets from Roadmap

Q3 2022

• NFT Staking & Royalties sharing
• Boss Fighters Closed Alpha on STEAM
• Boss Fighters Invitational Tournament
• Oculus Quest 2 VR Headset Drops! 

Q4 2022

• Closed Beta, in-game marketplace

Q1 2023

• EGS Release, SideQuest Release
• More NFT drops

Socials

• Website  https://bossfighters.game
• Pitch Deck https://bit.ly/3JbV3zr
• Twitter  https://twitter.com/BossFightersVR
• Discord  http://discord.gg/bossfighters
• YouTube  https://www.youtube.com/c/BossFightersVR/
• Medium   https://medium.com/@BossFightersGame

The post ScaleALPHA pre-IDO pool for Boss Fighters on Scaleswap — A Complete “How-To” Guide. appeared first on Scaleswap.

General Information 

INO of GENESIS NFTs from Haunted Space will be conducted on Scaleswap on September 15th at 12pm UTC. Only whitelisted participants who have also successfully completed KYC are permitted to take part. Please be aware of scams, fake websites, and impersonators! Please find the details of the sale below: 

• Haunted Space INO is ONLY hosted on: https://app.scaleswap.io
• Network: BSC
• Buying token: USDT (also you will need a small amount of BNB for transaction fees in order to participate)
• There will be USDT/HS_Proxy swap pair during the INO and every holder of HS_Proxy, will be able to mint GENESIS NFT for free from the Haunted Space claiming page after the pool is closed. 1 GENESIS NFT per 1 HS_Proxy.
• Total number of GENESIS NFTs to be sold on Scaleswap – 100
• The price of each GENESIS NFT – 115 USDT

The INO will be conducted in 2 batches on September 15th – on https://app.scaleswap.io:

• 1st Batch (Guaranteed) will start at 12pm UTC: from people that filled out the whitelist form, first 50 according to their Scalescore will be given a chance to participate in this batch. 1st batch will have guaranteed 30min to buy max 2 NFTs per wallet.
• 2nd Batch (FCFS) will start at 12.30 pm UTC: all whitelisted wallets from the 1st and the 2nd batches will have 30min to buy maximum 2 NFTs per each wallet, but not more than what is left in the pool. Meaning, if all NFTs are sold in the first batch, the 2nd batch will not happen

Kindly notice, that every participant will get the invite in his mailbox with the batch  number relevant to him before the INO.

Question or Issue about something that isn’t covered here?

We kindly invite you to join our Telegram channel, where there is always someone to assist you!

About Haunted Space

The Haunted Space is a made-in-Italy project  developed by an AAA game development and production company which includes a team of more than 30 people including artists, designers and developers. 

The project, born 4 years ago, is a premium  video game which combines exploration and combat mechanics, through the Unreal Engine graphics engine for a breathtaking photorealistic graphic experience. It will be released on the leading marketplaces: Steam (PC), Playstation 5, Xbox Series X and S. 

Achievements

• Winners of Forbes Best NFT Emerging Project of 2022
• Winners of Epic Mega Grant from Epic Games
• Second Place in the Huobi Hackathon by Nextype
• Incubated by Seedify

Benefits of holding the GENESIS PASS NFT by Haunted Space

The GENESIS PASS NFT collection will provide many benefits to holders, including:

STAKE AND LOCK your NFTs to gain HS TOKEN

• In-game earnings multipliers
• Airdrop of in-game tokens to Diamond hands
• Airdrop of the Avatar NFT collection
• GENESIS PASS holders will have FREE access to the single-player Haunted Space game.
• Airdrops, whitelist spots, and discounts for the future collections.
• Participation slots in the Private Governance early token sales 
• In-game random material drops
• Access to the Singleplayer and Multiplayer closed beta (Play & Earn)
• Private chat with the founders and fresh news about Haunted Space in advance.

Learn more from the Medium’s article.

Meanwhile, don’t miss the chance to check the team of Haunted Space at the Scaleswap’s AMA session.

Feel free to learn more about the Haunted Space – HERE.

Follow Scaleswap:Website | Twitter | Telegram

The post Haunted Space INO on Scaleswap — A Complete “How-To” Guide appeared first on Scaleswap.

The profit-sharing model for crypto is an incentive model where token holders of a project gain profits or rewards just for holding the token. The profits for these tokens come from generated revenue from the project itself. Holders of the project are incentivized to hold the token which helps retain liquidity for the projects, while the team is incentivised to perform and generate profits. 

The profit sharing model has massive implications for crypto as until now team members and token holders generally work independently with each other and long term funding has always been questionable. Up until now, projects have had a limited percentage of tokens reserved for team members and have a smaller incentive to work after their salary allocation depletes. 

Benefits

Creating profit-sharing within a project encourages all parties to be rewarded when the project succeeds. Some projects are now implementing this model with their tokens and some are allowsing current projects to integrate this into their system – even if they don’t have it to begin with benefits.

Success case

GT-Protocol is a project that is currently creating profit sharing models that any project can integrate into their ecosystem.

The GT-Protocol works by letting projects deploy a series of smart contracts that create a DeFi pool. This pool helps to collect funds from contributors to share among other involved parties. GT-Protocol also aids in liquidity management in this way and funds are highly secured on a smart contract. Not only does the GT-Protocol aid in profit sharing but also has numerous benefits as well, including a social copy trading protocol for DEX and CEX, a DAO governance integration, and a native GTP token that is used for the ecosystem.
To see more about how the profit-sharing model works with crypto projects and how GT-Protocol can integrate DeFI smart contracts, check out their website and pitch deck.

The post The profit-share model in crypto and cryptocurrency environments appeared first on Scaleswap.

Colexion

The Colexion marketplace is one of the biggest NFT marketplaces in Asia and represents one of the go-to sites for premium sport NFTs. In a world where creativity is fading, Colexion strives by giving artists an opportunity for growth. Working exclusively on the Polygon network, Colexion creates one-of-a-kind NFTs that can be used for NFT games and for the metaverse.

The Colexion site is powered by the CLXN token and can be used directly to buy and sell NFTs on the market. With this token you can shop NFTS within the arts, sports, and entertainment sectors which have premium licenses that are connected to real sports celebrities. For any NFT marketplace, it’s hard to get real connections with the sporting world but Colexion has done just that, making them a massive contender for NFTs today.

Visit Colexion

LooksRare

Originally seen as an OpenSea contender, LooksRare is an NFT marketplace that gives you rewards for listing your NFTs on the site and participating in their community. The more that you trade NFTs, the more you are likely to gain rewards through their native token. Users can look at their collections, see data, and even earn interest on their LOOKS tokens.

Visit LooksRare

NFTrade

When looking at NFTs across the ecosystem, NFTrade is a marketplace that gives you multiple chains under one location. Presenting the biggest number of chain integrations from any market, NFTrade is a place where users only need to search in one location and find the collections that they need. Chains like Ethereum, Avalanche, and Binance Chain are all supported in addition to features like token swaps, farms, and taking advantage of their native token NFTD. 

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Redkite NFT

One of the most dynamic on this list is Redkite NFT, a NFT hub that focuses on raising money for humanitarian and crisis projects around the world while using NFTs as a catalyst for support. NFTs on the Redkite NFT platform are specially curated and many are backed by physical copies and one-off collections that maintain their uniqueness and rarity. 

Other features of the Redkite NFT marketplace include airdrops to members, benefits for Redkite Token holders, and a virtual art gallery for collections.

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Origin Story

Origin Story works with creators and brands to launch NFTs and operate white label NFT marketplaces. The platform hosted 3LAU’s $11.7m NFT sale, is partnered with Roofstock for real estate NFTs, and works with web3 collections to host branded marketplaces. Some collections available on Origin Story are Pudgy Penguins, OnChainMonkey, Sappy Seals, Karafuru, 0N1 Force, and dozens more.

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