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2022-12-16 15:47:28 The latest trends in the gaming industry’s development

The gaming industry continues to develop rapidly. It is sometimes difficult to keep track of all the changes. Here are two main trends in the GameFi industry.

Mobile gaming continues to dominate

The share of mobile gamers has already exceeded the share of all other platforms on aggregate. Today, any budget smartphone can run any mobile game, which significantly lowers the entry threshold. Mobile games are more profitable for developers as well: they require fewer expenses and bring higher profits.

The most promising markets & Web3 Generation

In developing countries like India and Brazil, digitalization is accelerating. People's income levels are increasing: almost everyone in these countries can now afford a smartphone.

Web3 for such people will be the first web. New users can be expected to feel at home in Web3 because it is the first Web they have ever experienced. Given these facts, the most promising direction for these GEOs will be the development of the GameFi industry. Open / Comment

2022-12-14 20:57:13 Fiat transfers with Lightning Network across Africa and Europe

Sub-Saharan Africa remains one of the most expensive regions for remittances. According to the World Bank at the end of 2021, sending $200 there cost an average of 8.2% of the amount.

Moreover, sending money from Europe to Africa requires intermediary providers, such as Western Union, which charge large fees.

Send Globally from Bitnob was created to minimize costs and optimize time. The app allows sending GBP or EUR to Nigeria, Kenya and Ghana directly to a bank account.

CoinCorner client funds when using Send Globally are converted into bitcoin and sent via the Lightning Network to Bitnob. The latter immediately translates them into the appropriate local currency.

Bitcoin provides the future of money, and this partnership provides an example of what it can be. Open / Comment

2022-12-09 19:39:15 How have coins gained the trust of the crypto audience?

Continuing our topic about trust in the crypto world, let's examine the issue of trust in coins.

• Stability doesn't mean trust.
Most crypto users refer to stablecoins as the most trustworthy coin, but we've found that the trust factor in coins is not only formed by price stability. Thus, stablecoins take second place among the assets in our trust rating, following giants such as ETH and BTC.

• The ability to generate income is key.
Over 10 years, the price of the largest coins, such as Bitcoin and Ethereum, has increased significantly. Many believe this is not the limit, so they continue investing in these coins.

• Can users consciously invest in a scam?
Our answer is yes. For most users, the ability to get decent returns is far more important than the likelihood of a token being the subject of a scam in the future.

As for gaming tokens, in addition to generating profits, it is worth considering users' previous experiences. Promote your token, examine your competitors' weakest and most negative points, and show your audience that you were able to solve these issues.

Follow our updates to get more useful insights from the crypto world! Open / Comment

2022-12-08 14:05:29 The recent FTX crash caused a huge disruption of multiple other companies that had even remote affiliations.

One example is Genesis, which had millions in locked funds in an FTX trading account. Genesis – and its parent company DCG, owe customers of Gemini around $900 million. 

• The two parties joined forces last year to provide consumers with up to 7.4% APY on their holdings. 

• DCG has also been in a state of knockdown recently. It has $2 billion worth of outstanding debt, the majority of which is owed to its subsidiary Genesis through two loans.

Now, Genesis is close to following the fate of those who have already filed for bankruptcy protection: FTX, Alameda Research, BlockFi, Three Arrows Capital, and Celsius. Open / Comment

2022-12-07 08:33:54 Trust is the key to your user's heart

We conducted a research to find out which services and coins in the crypto industry users tend to trust the most. We involved more than 2,000 users from 60 countries. And here are a few of our insights.

• Crypto users are loyal.
Yes, although it's not easy to believe, the vast majority of users we surveyed tend to trust cryptocurrency market entities. This is undoubtedly a great achievement for the cryptocurrency world!

• Where is the most loyal audience concentrated?
Our research showed that crypto services have the highest average trust level: wallets, payment systems, CEX, and DEX. What's interesting is the previous experience of users rarely affects the trust level in this category, which indicates a great openness to new products.

• How to gain the trust of the crypto audience?
For all market actors, competence and professionalism are key requirements. Users warmly welcome new products that have been able to prove themselves worthy of consideration.

In our full report, we also gathered information about users' attitudes toward various coins, sources of information, and other components of the market.

READ THE FULL REPORT Open / Comment

2022-11-30 22:24:53 BlockFi filed for bankruptcy protection this Monday and sued FTX founder Emergent Holding Company for the BlockFi shares it had pledged as collateral.

Why was BlockFi affected by FTX’s collapse?

Thanks to the 3AC downfall, BlockFi had $80 million losses, but FTX “saved” it from bankruptcy in July with a deal:

⁃ $400 million credit line
⁃ Option for FTX to buy BlockFi for up to $240 million (CNBC reported the deal was worth $25 million at the time)

Weird but true: the rescue of BlockFi made Sam Bankman-Fried known as the “JP Morgan of Crypto”.

In total, now BlockFi’s credit line is gone like its acquirer, which is a concern after huge losses from Three Arrows, Luna, and the FTX collapse. Will there be new falls in 2023 or not, 2022 is historic for Web3. Open / Comment

2022-11-25 14:52:00 What are the most promising industries for business expansion?

Expansion into new areas can be relevant for a variety of reasons: hitting a market ceiling, tightening industry regulation, creating a business strategy for several years, etc.

In order to choose promising ones, look at the average business turnover in other areas. How can you adapt your product or create any additional ones for the best spheres?

We did Desk Research based on companies' turnovers and identified the interesting categories for cryptocurrency payments: telecommunication (including cloud services), automotive, and insurance. For example, some cryptocurrency services are already working in the vehicle niche – one of them is https://bitcars.eu/. Do you think cryptocurrency can be applied among jewelry or limited edition items?

There are also high trading volumes in the oil industry, FMCG (although there are supermarkets that are already trying to implement crypto as a payment method), energy, and heavy industry – but these areas are more sluggish and difficult to implement digital currencies. Open / Comment

2022-11-22 14:15:16 Our survey of 53 crypto projects’ executives was mentioned in Forbes!

A new Forbes article ‘FTX Will Put Bitcoin Into Deep Bear Territory’ references our study, in which we polled C-level managers about the collapse, expectations, and investment plans.

READ THE FULL STORY Open / Comment

2022-11-17 14:27:14 BDC in Top 3 Crypto Marketing Companies

We’re excited to be included into the list of “The greatest marketing agencies for 2022” by Crypto Academy!

BDC Consulting ranked 3rd from a pool of 10 digital companies: the most experienced, proven, and effective crypto marketing firms set to be the best in the market for this year.

Big thanks everyone for contributing to our growth! Open / Comment

2022-11-15 14:01:09 The FTX collapse and its consequences for the crypto market: C-level managers expect a further decline and plan investment increase.

We conducted a flash survey of 53 crypto projects’ executives and just published the results. They left us with plenty to reflect on.

One of the key points: despite the expected decline, 66% of the top managers plan to increase their crypto assets holdings over the next month, and no one plans to reduce them.

READ THE FULL REPORT HERE Open / Comment