๐ Better than Yesterday with BSCS #32: Node Sale - New Form of Fundraising Part 2
Welcome back to part 2, where we will further deconstruct Node Sale - the new fundraising trend of this cycle!
โน๏ธ Pros & Cons of the Node Sale
The node sale model will generally be similar to a Presale or Public sale to the regular user community.
To determine the advantages and disadvantages of the above two models, we will evaluate based on 4 factors including:
๐ข Pricing
๐ข Dilution ratio
๐ข Raised Amount
๐ข Selling Pressure
Node Sale model will have many benefits compared to Public Sale:
โ
Higher valuation
โ
Reduce dilution
โ
Better capital raised
โ
Lower selling pressure
Node Sale structure also bringing certain benefits to investors, Kols:
โ
Easy Project Marketing
โ
Limiting selling pressure
โ
Better community stimulation
โ
Diversified pricing
โ
Increase token supply allocation for Node
โน๏ธ Can Node Sale Replace Token Public Sale?
The answer is not clear-cut. Only projects needing new nodes can conduct node sales for infrastructure needs.
Node sales have advantages but may not replace token sales that offer more diversity and easier participation, without complex procedures or platforms.
๐ In general, the Node Sale model is bringing many positive aspects as well as long-term sustainability of the project, however users will need to carefully calculate the risk when participating in this model.
๐ฐ Read detailed article Here
โญ๏ธ BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion
Welcome back to part 2, where we will further deconstruct Node Sale - the new fundraising trend of this cycle!
The node sale model will generally be similar to a Presale or Public sale to the regular user community.
To determine the advantages and disadvantages of the above two models, we will evaluate based on 4 factors including:
Node Sale model will have many benefits compared to Public Sale:
Node Sale structure also bringing certain benefits to investors, Kols:
The answer is not clear-cut. Only projects needing new nodes can conduct node sales for infrastructure needs.
Node sales have advantages but may not replace token sales that offer more diversity and easier participation, without complex procedures or platforms.
๐ In general, the Node Sale model is bringing many positive aspects as well as long-term sustainability of the project, however users will need to carefully calculate the risk when participating in this model.
๐ฐ Read detailed article Here
โญ๏ธ BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion
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๐ฅ Top 1: 25 USDT
๐ฅ Top 2: 20 USDT
๐ฅ Top 3 : 15 USDT
๐ Act now or lose your chance of winning! The opportunity is still available!
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โ๏ธ Crypto Slang Terms #20: Your Guide to the Cryptoverse ๐
๐ก Ready to join BSCS Crypto Slang Terms #19 and learn five new blockchain words? Let's improve your crypto knowledge!
โถ Stablecoin: A cryptocurrency designed to minimise price volatility, usually by pegging its value or supply against a physical asset.
๐๐ป Example: USDT, USDC, TUSD
โถ Staking: When you stake coins, you are effectively locking them away in a digital wallet for the purposes of maintaining the network.
You are rewarded with more coins/tokens when your wallet is staking, but it also means that you cannot trade these coins while they're locked up.
๐๐ป Example: BNB Staking, BSCS Staking
โถ Stop order: An instruction given by an investor when placing a buy or sell order on the market.
It sets a condition where they will automatically close their position if this condition is met (when the market reaches a certain rate).
โถ Tokenomics: The study of how different variables within an economy impact each other and affect the decision making process.
It is a branch of economics that looks at how different classes of assets, which have a monetary value attached to them, affect the dynamics within an economy.
๐๐ป Example: Any blockchain project tokenomics, such as BSCS
โถ๏ธ Tokens: A unit of value used for various purposes within a crypto ecosystem.
Tokens can represent any asset, from commodities like gold or coffee beans, to loyalty points, real estate, or even other cryptocurrencies.
๐๐ป Example: BSCS token
๐ช Lots of slang terms related to Blockchain exist. Find what you need to know about Crypto Slang Terms by BSCS!
โญ๏ธ BSCS Official Media Channels:
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๐ก Ready to join BSCS Crypto Slang Terms #19 and learn five new blockchain words? Let's improve your crypto knowledge!
๐๐ป Example: USDT, USDC, TUSD
You are rewarded with more coins/tokens when your wallet is staking, but it also means that you cannot trade these coins while they're locked up.
๐๐ป Example: BNB Staking, BSCS Staking
It sets a condition where they will automatically close their position if this condition is met (when the market reaches a certain rate).
It is a branch of economics that looks at how different classes of assets, which have a monetary value attached to them, affect the dynamics within an economy.
๐๐ป Example: Any blockchain project tokenomics, such as BSCS
Tokens can represent any asset, from commodities like gold or coffee beans, to loyalty points, real estate, or even other cryptocurrencies.
๐๐ป Example: BSCS token
๐ช Lots of slang terms related to Blockchain exist. Find what you need to know about Crypto Slang Terms by BSCS!
โญ๏ธ BSCS Official Media Channels:
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๐ฅ Top 1: 25 USDT
๐ฅ Top 2: 20 USDT
๐ฅ Top 3 : 15 USDT
๐ Act now or lose your chance of winning! The opportunity is still available!
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๐ฐBitcoin Pizza Day is near! It has been 14 years since the legendary day; Bitcoin and blockchain have gone through highs and lows, so what are your points of view about the upcoming market?
Anonymous Poll
57%
The future is bright for the market & industry to bloom
31%
We are just in the early stages of the blockchain industry
12%
We are slowing down due to technology limitations
0%
Others, share in the comment
๐Weekly Market Highlights #98: May 13 - May 19
โจLast week, the world's largest cryptocurrency, BTC, surged significantly, driven by the resurgence of capital flows from spot Bitcoin ETFs. BTC had a notably active trading week, climbing by over $6K and surpassing $67K, its highest price in nearly a month.
โจOver the past week, the crypto market total capitalization increased by ~$167B (from ~$2,248B to ~$2,415B).
โจBTC Calms at $67K
โ Last Friday, BTC retraced to slightly above $60K, but the bulls defended that psychological support level over the weekend. Subsequently, the asset began climbing on Monday, briefly surpassing $63K. However, it retraced to $61,2K on Tuesday ahead of the US CPI announcement for April, only to surge after the release of those figures.
โ Following the announcement, the cryptocurrency gained several thousand dollars, skyrocketing to over $66,5K for the first time since mid-April. Although there was a brief retracement, the bulls resumed their attack in the past couple of days, pushing BTC to nearly $67,5K. Despite a slight retracement since then, BTC continues to trade around $67K. Its market capitalization remains at $1,320B.
โจSOL and LINK Leads the Way
โ On a weekly scale, SOL and LINK have stolen the show. SOL has soared by ~24% and trades at a multi-week high of over $172, while LINK is up by 27% and stands close to $16.9
โ Next on the weekly top gainers' list are AVAX (14%), BCH (13%), UNI (13%), IMX (10%), GRT (12%), NEAR (9%), and ICP (10%).
โ In contrast, TON has declined the most from the larger-cap alts, having lost over 6% of value in the past seven days. BNB and TRX are also slightly in the red.
โ The total crypto market cap is up to $2,415B on CoinMarketCap
โจBitcoin Fear and Greed Index is 70 - Greed, higher than at the beginning of the week (57)
โจDominance:
โ BTC: 54.5%
โ ETH: 15.4%
๐ฃSee you next week!
๐ถ BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion
โจLast week, the world's largest cryptocurrency, BTC, surged significantly, driven by the resurgence of capital flows from spot Bitcoin ETFs. BTC had a notably active trading week, climbing by over $6K and surpassing $67K, its highest price in nearly a month.
โจOver the past week, the crypto market total capitalization increased by ~$167B (from ~$2,248B to ~$2,415B).
โจBTC Calms at $67K
โ Last Friday, BTC retraced to slightly above $60K, but the bulls defended that psychological support level over the weekend. Subsequently, the asset began climbing on Monday, briefly surpassing $63K. However, it retraced to $61,2K on Tuesday ahead of the US CPI announcement for April, only to surge after the release of those figures.
โ Following the announcement, the cryptocurrency gained several thousand dollars, skyrocketing to over $66,5K for the first time since mid-April. Although there was a brief retracement, the bulls resumed their attack in the past couple of days, pushing BTC to nearly $67,5K. Despite a slight retracement since then, BTC continues to trade around $67K. Its market capitalization remains at $1,320B.
โจSOL and LINK Leads the Way
โ On a weekly scale, SOL and LINK have stolen the show. SOL has soared by ~24% and trades at a multi-week high of over $172, while LINK is up by 27% and stands close to $16.9
โ Next on the weekly top gainers' list are AVAX (14%), BCH (13%), UNI (13%), IMX (10%), GRT (12%), NEAR (9%), and ICP (10%).
โ In contrast, TON has declined the most from the larger-cap alts, having lost over 6% of value in the past seven days. BNB and TRX are also slightly in the red.
โ The total crypto market cap is up to $2,415B on CoinMarketCap
โจBitcoin Fear and Greed Index is 70 - Greed, higher than at the beginning of the week (57)
โจDominance:
โ BTC: 54.5%
โ ETH: 15.4%
๐ฃSee you next week!
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๐ Let's together celebrate the legendary day of Bitcoin history with a fun prediction game with BSCS guys!
๐ Venue: BSCS Twitter
๐ Follow BSCS Twitter
๐ Predict the closing price of the BTC/USDT pair on 22 April 2024, reply with your #BSCS #PIZZADAY #BTC and your BEP-20 wallet address, tag 3 friends, Like, RT THIS POST
๐ The top 10 users with correct or closest predictions (lower only) to the result will be the winners
๐ In case of duplicate predictions, who predicts the earliest will win (based on reply time)
๐ Don't miss out on this exciting event! Get your predictions in and stand a chance to win!
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After a long week, Weekly Overview is back, bringing the most comprehensive news of BSCS in the past 7 days!
๐๐ป Let's see if you missed any news!
I. Node Sale Project
II. Event and Highlight News
III. Education
IV. Under Development
๐ DEX View
- Optimize and enhance the overall user experience
V. Communities
โข Telegram Channel: 97,163
โข Twitter: 428,548
โข Youtube: 18,500
โข Facebook: 12,302
โญ๏ธ BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion
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๐๐ป BSCS "Chat Festival" Event - Officially Ended! ๐
โค๏ธ Thanks to everyone who engaged in insightful discussions and contributed to the vibrant community spirit. Your enthusiasm made this event a great success!
๐ We will announce the winners real soon after summarizing the data. Stay tuned for the result.
๐ Reward: 100 USDT
๐ฅ Top 1: 25 USDT
๐ฅ Top 2: 20 USDT
๐ฅ Top 3 : 15 USDT
๐ข Top 4-5: 10 USDT/ each
๐ข Top 6-9: 5 USDT/ each
โผ Note
โ
User must public Telegram username
โ
Our decision is final in all case
๐ We appreciate all the active participation and are eager for more exciting events in the future!
๐ถ BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion
๐ We will announce the winners real soon after summarizing the data. Stay tuned for the result.
๐ฅ Top 1: 25 USDT
๐ฅ Top 2: 20 USDT
๐ฅ Top 3 : 15 USDT
๐ We appreciate all the active participation and are eager for more exciting events in the future!
Website | Telegram | Substack | Twitter | Discussion
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๐ป๐ณ Don't miss out on GM Vietnam 2024 - the biggest blockchain event of the year! ๐
๐ก Discover the latest breakthroughs: From DeFi to NFTs, GameFi, and more, GMVN2024 promises to be an enriching experience for all blockchain enthusiasts.
๐ Forge valuable connections: Network with industry titans and visionary leaders as you explore the forefront of Web3 technology. Uncover new possibilities for growth and collaboration.
๐ Learn & get inspired: Expand your knowledge and network with the blockchain community through exciting side events.
๐๐ป Get your FREE TICKETS NOW
๐ฅ Join Vietnam Rust Hackathon: Test your blockchain programming skills at the Vietnam Rust Hackathon.
๐ Fun & Prizes: Participate in games, win prizes, and soak up the vibrant atmosphere at a luxurious venue.
๐ Read more at
Kyros Ventures Blog | BSCS Substack
๐ถ BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion
#GMVN2024 #Web3 #Vietnam #HCMC #Blockchain
๐ก Discover the latest breakthroughs: From DeFi to NFTs, GameFi, and more, GMVN2024 promises to be an enriching experience for all blockchain enthusiasts.
๐๐ป Get your FREE TICKETS NOW
๐ Read more at
Kyros Ventures Blog | BSCS Substack
Website | Telegram | Substack | Twitter | Discussion
#GMVN2024 #Web3 #Vietnam #HCMC #Blockchain
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๐ฐ Coincidentally, the first item that was bought with cryptocurrency was pizza! On May 22, 2010, Laszlo Hanyecz paid 10,000 Bitcoins to have two Papa John pizzas delivered.
๐ซก In honor of this special day, the global crypto community gathers on May 22 each year to commemorate the first physical Bitcoin transaction!
๐ Bitcoin Pizza Day Activities Suggestion
โ Buy pizza
โ Invest in cryptocurrency
โ Make pizzas
โ Join BSCS Pizza Day Event
โญ๏ธ BSCS Official Media Channels:
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๐ Huge shoutout to all the amazing users who joined the BSCS "Chat Festival"! Your energy and awesome chats made it a blast!
๐ Let's unveil the top winners taking home the prizes:
๐ฅ Top 1: 25 USDT
@King_Alvarez10
๐ฅ Top 2: 20 USDT
@MD_SK_Hamid
๐ฅ Top 3: 15 USDT
@paultuckerr
๐ Top 4-5: 10 USDT/ each
@tiantian87
@Patrickgregory
๐ Top 6-9: 5 USDT/ each
@dr_faith
@MeherjanYT
@ThangHoag
@babyboo3105
๐ A big thanks to everyone who joined in! Your vibes and chats rocked our world!
๐ Stay tuned for more fun events and adventures ahead! Let's keep the party going!
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๐ Better than Yesterday with BSCS #33: DePIN Explained
In 2024, significant market shifts occurred, with some sectors outperforming others.
DePIN emerges as a promising sector with strong performances and potential future development.
๐ Let's find out what is DePIN with BSCS
โน๏ธ What are DePINs?
Decentralized Physical Infrastructure Networks (DePINs) are real-world infrastructures on-chain.
DePINs offer a community-driven, cost-effective means of scaling projects without relying on traditional, centralized models.
โน๏ธ How does DePINs work?
DePINs operate through 3 main components:
๐ข Physical infrastructure controlled by a provider
๐ข Middleware connection to the blockchain
๐ข A public ledger
Additionally, for DePINs to operate effectively, 4 distinct parties must be involved in the network
๐ข Hardware (PRNs & DRNs)
๐ข Hardware operators (Providers)
๐ข Token
๐ข Users
โน๏ธ The Current DePIN Landscape
DePIN projects operate in six core business niches:
๐ข Compute marketplaces
๐ข Wireless coverage
๐ข Wholesale data
๐ข Services marketplaces
๐ข Energy services
๐ข Vertical ad networks
Out of these six sectors, compute marketplaces have the most potential, making up the majority of the market capitalization of DePIN crypto projects.
๐ฐ Detailed article Here
๐ Stay tuned as we wrap up everything else in part 2 of Better than Yesterday with BSCS about DePIN!
โญ๏ธ BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion
In 2024, significant market shifts occurred, with some sectors outperforming others.
DePIN emerges as a promising sector with strong performances and potential future development.
๐ Let's find out what is DePIN with BSCS
Decentralized Physical Infrastructure Networks (DePINs) are real-world infrastructures on-chain.
DePINs offer a community-driven, cost-effective means of scaling projects without relying on traditional, centralized models.
DePINs operate through 3 main components:
Additionally, for DePINs to operate effectively, 4 distinct parties must be involved in the network
DePIN projects operate in six core business niches:
Out of these six sectors, compute marketplaces have the most potential, making up the majority of the market capitalization of DePIN crypto projects.
๐ฐ Detailed article Here
โญ๏ธ BSCS Official Media Channels:
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It's time to reveal the winners of our Bitcoin Pizza Day celebration! Weโre thrilled to see the community buzzing with excitement and optimism about the market!
๐ Winner List (Twitter Username)
@MubzyPablo
@boontaw35989033
@GinnyMaltb14475
@J0HN_BEAR12
@HuyenTranT1
@far1mland5
@orachan734
@HqdPraew6111
@BeningKantong
@amsyarin2
๐ฅณ Congratulations to all our lucky winners! Let's keep the positive vibes going!
โญ๏ธ BSCS Official Media Channels:
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Which exciting actions are you eager to take part in with BSCS? ๐
Anonymous Poll
61%
Airdrops
34%
Launchpad Feature Upgrade
36%
IDO Allocation Discounts
15%
Referral program
20%
Ambassador program
๐Weekly Market Highlights #99: May 20 - May 26
โจBTC and the rest of the market had a good week thanks to the hype and actual approval of Ethereum spot ETFs in the United States.
โจOver the past week, the crypto market total capitalization increased by ~$178B (from ~$2,415B to ~$2,593B).
โจBTCโs Weekly Surge
โ Last Sunday, the leading cryptocurrency struggled to maintain its position above $66K, occasionally slipping below that threshold. Monday began similarly but ended with a bang.
โ Amid reports suggesting the potential approval of eight spot Ethereum ETFs by the US SEC that week, BTC surged by over $5K, reaching close to $72K for the first time in six weeks. However, the momentum couldn't be sustained, and the asset began shedding value in the subsequent days.
โ The most significant price drop occurred just hours before the US securities regulator gave the green light to these financial products on Thursday, causing BTC to dip to $66.4K. Nevertheless, it rebounded swiftly, soaring to $69K by Friday.
โจPEPEโs Week
โ Somewhat expected, the above news impacted Ethereumโs native token a lot. ETH went on a roll and shot up from $3,1K to over $3,9K, which became its highest price tag since the start of April. The second-largest crypto also went on a volatile ride amid the SECโs approval but now stands close to $3,8K after gaining 27% in the past week.
โ DOGE, LINK, and APT have also increased weekly, but Uniswap and PEPE lead the charts. UNI has skyrocketed by 44%, standing above $11, while PEPE painted several all-time highs this week.
โ In contrast, SOL, TRX, TON, and ADA are in the red on a weekly scale. Still, the total crypto market cap gained more than ~$180B within this timeframe and is now ~$2.6T
โจBitcoin Fear and Greed Index is 74 - Greed, higher than at the beginning of the week (70)
โจDominance:
โ BTC: 52.6%
โ ETH: 18.2%
๐ฃSee you next week!
๐ถ BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion
โจBTC and the rest of the market had a good week thanks to the hype and actual approval of Ethereum spot ETFs in the United States.
โจOver the past week, the crypto market total capitalization increased by ~$178B (from ~$2,415B to ~$2,593B).
โจBTCโs Weekly Surge
โ Last Sunday, the leading cryptocurrency struggled to maintain its position above $66K, occasionally slipping below that threshold. Monday began similarly but ended with a bang.
โ Amid reports suggesting the potential approval of eight spot Ethereum ETFs by the US SEC that week, BTC surged by over $5K, reaching close to $72K for the first time in six weeks. However, the momentum couldn't be sustained, and the asset began shedding value in the subsequent days.
โ The most significant price drop occurred just hours before the US securities regulator gave the green light to these financial products on Thursday, causing BTC to dip to $66.4K. Nevertheless, it rebounded swiftly, soaring to $69K by Friday.
โจPEPEโs Week
โ Somewhat expected, the above news impacted Ethereumโs native token a lot. ETH went on a roll and shot up from $3,1K to over $3,9K, which became its highest price tag since the start of April. The second-largest crypto also went on a volatile ride amid the SECโs approval but now stands close to $3,8K after gaining 27% in the past week.
โ DOGE, LINK, and APT have also increased weekly, but Uniswap and PEPE lead the charts. UNI has skyrocketed by 44%, standing above $11, while PEPE painted several all-time highs this week.
โ In contrast, SOL, TRX, TON, and ADA are in the red on a weekly scale. Still, the total crypto market cap gained more than ~$180B within this timeframe and is now ~$2.6T
โจBitcoin Fear and Greed Index is 74 - Greed, higher than at the beginning of the week (70)
โจDominance:
โ BTC: 52.6%
โ ETH: 18.2%
๐ฃSee you next week!
Website | Telegram | Substack | Twitter | Discussion
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After a long week, Weekly Overview is back, bringing the most comprehensive news of BSCS in the past 7 days!
๐๐ป Let's see if you missed any news!
I. Event and Highlight News
II. Education
III. Under Development
๐ DEX View
- Optimize and enhance the overall user experience
IV. Communities
โข Telegram Channel: 99,621
โข Twitter: 426,213
โข Youtube: 18,500
โข Facebook: 12,319
โญ๏ธ BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion
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๐ Ready to Invest? Become a BSCS Holder
๐ Launching a Project? Apply for Private Sale/Public Sale
โญ๏ธ BSCS Official Media Channels:
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โ๏ธ Crypto Slang Terms #21: Your Guide to the Cryptoverse ๐
๐ก Ready to join BSCS & learn five new blockchain words? Let's improve your crypto knowledge!
โถ Token Sale: The process of selling digital tokens or coins to raise funds for a blockchain project before it launches.
๐๐ป Example: Private/IDO Sale on BSCS
โถ Total value locked (TVL): The total value of coins locked in a masternode, divided by the number of masternodes. It estimates project value but isn't a perfect indicator.
๐๐ป Example: TVL of Solana is $4.762b
โถ Transaction fee: The fee paid to confirm transactions and add them to the blockchain, separate from the transfer amount.
๐๐ป Example: Ethereum Average Transaction Fee is 0.0004 ETH/tx
โถ Transaction fee market: Users increase fees to prioritize their transactions, using an auction-like system within blocks.
โถ๏ธ Transaction pool: Where nodes store all pending transactions until they're mined into blocks.
๐ช Lots of slang terms related to Blockchain exist. Find what you need to know about Crypto Slang Terms by BSCS!
โญ๏ธ BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion
๐ก Ready to join BSCS & learn five new blockchain words? Let's improve your crypto knowledge!
๐๐ป Example: Private/IDO Sale on BSCS
๐๐ป Example: TVL of Solana is $4.762b
๐๐ป Example: Ethereum Average Transaction Fee is 0.0004 ETH/tx
๐ช Lots of slang terms related to Blockchain exist. Find what you need to know about Crypto Slang Terms by BSCS!
โญ๏ธ BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion
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