GildCoin - Crypto News

2022-05-19 15:00:07 Name: MOONNEST MONEY [BSC]
Launch Date: TBD [ FAIR LAUNCH ]

Moonnest.Money is excited to announce its new investment: an algorithmic stablecoin called PLATO. MoonNest.Money is a Tomb fork and is minting 2,000,000 PLATO tokens. PLATO is an algorithmic stablecoin pegged to the price of Ethereum at a rate of 4000 PLATO: 1 ETH. This investment will be comprised of farms and nodes to produce MSHARE, With this investment, Moonnest.Money is confident that this investment will provide stability and growth for their token holders. MoonNest.Money's goal is to provide a responsible and innovative investment opportunity for all.

- $30 BUSD Giveaway Join their telegram below!

Website: https://moonnest.money

Telegram: https://t.me/+PoBnIKuRmLczZGU0 Open / Comment

2022-05-17 18:00:08 ​NFT GEM Studio Dawgz is an Ethereum based project, supplying utilities that work in tandem to benefit the community.

Twitter: https://twitter.com/studiodawgz

Studio Dawgz is a collection of 7808 unique NFT’s focused on re-imagining 3D Art through unparalleled utility & a passionate community surrounded around music.
Their mission is to revolutionize how music is created & sold, giving power to the creators & their fans, engaging them and unleashing new opportunities to reward them.

Whether you are a music creator, a music listener or someone in the music business holding their NFT will give you exclusive access to rewards surrounded by music.

Studio Dawgz provides the NFT community with many benefits.
1. PAW Token
2. PAW Marketplace
3. Crowdfunding
4. Virtual Studios
5. Live Shows
6. Charity Donations to the SPCA BC

Check out their Discord: https://discord.gg/uqw5AGV5wd

First 500 members will be given the OG role & automatically be selected for presale
Mint date : TBA
Mint price : TBA Open / Comment

2022-05-16 20:00:05 ​Goldman Sachs’ Blankfein Advises Companies and Consumers to Prepare for US Recession — Says It’s a ‘Very, Very High Risk’

Goldman Sachs Senior Chairman and former CEO Lloyd Blankfein has warned that companies and consumers should prepare for a recession in the U.S. He stressed that it’s a “very, very, high risk.”

Lloyd Blankfein, a former Goldman Sachs CEO who is now the firm’s senior chairman, warned about an impending recession in the U.S. in an interview with CBS News, aired Sunday. He stressed that companies and consumers should be prepared for it.

Blankfein served as chairman and chief executive officer of global investment bank Goldman Sachs from 2006 through September 2018. He remained chairman through December 2018 and is now senior chairman of the Goldman Sachs Group.

He was asked, “Do you think we’re headed towards recession?” Blankfein replied:

We’re certainly heading. It’s certainly a very, very high risk factor … If I were running a big company, I would be very prepared for it. If I was a consumer, I’d be prepared for it.

However, the Goldman Sachs senior chairman explained that a recession is “not baked in the cake,” noting that there’s “a narrow path” to avoid it.

Commenting on the Federal Reserve’s response to inflation, he said, “I think they’re responding well.” He added, “I think the Fed has very powerful tools.”

Blankfein was asked if the Fed is doing what’s needed to control inflation. He replied: “there’s an imbalance, too much demand. And what you have to do is you have to slow down that demand.” The former Goldman CEO elaborated:

You have to slow down the economy. And so they’re going to have to raise rates. They’re going to have to curtail, hopefully reduce the number of positions that are unopened … and increase the size of the labor force.

“This inflation, some of it is sticky … we have something like 8% inflation. Some of that is transitory [and] will go away. You know, eventually, the war in Ukraine will be over. Some of the supply chain shocks will go away, but some of it will be a little bit stickier and will be with us for a while,” he concluded.

A number of analysts have predicted that the U.S. will be in recession. Deutsche Bank said there will be a major U.S. recession next year. Blankfein’s own investment bank, Goldman Sachs, said the odds of a recession happening in two years is 35%. Furthermore, Bank of America‘s strategist warned in April that a “recession shock” is coming. Open / Comment

2022-05-16 15:00:06 ​SeatlabNFT is set to revolutionise the live event ticketing industry with its innovative NFT ticketing marketplace. Their IDO starts on 24th May 2022, and pre-registration is now open on their website https://bit.ly/3wcVdBS

They are working to achieve four fundamental goals.

Create a Closer Relationship Between Artists and Fans
Artists can mint collectable NFT assets alongside NFT tickets and airdrop them to ticket holders either before, during or after an event. These airdrops have the potential to become desirable, tradable assets that fans can either hold on to or resell on the open market. This creates real, tangible value from the fan-artists relationship.

Reduce the Impact of Touting and Scalping
Royalty splits can be set so that a percentage of the revenue generated from secondary sales goes to the specified royalty beneficiaries. Price ceilings can cap resale prices, and tickets can be made non-transferable and non-resellable entirely so that nobody can resell them.

Tap Into New Revenue Streams
The tools they’re providing allow greater control over the secondary market. Royalty splits let artists and event organisers earn from secondary sales, something which has never been possible before.

Eliminate Fraud
Anyone who holds an NFT ticket in their mobile wallet would undeniably be its rightful owner, thanks to the nature of NFT and blockchain technology.

Don’t forget to pre-register for their IDO! https://bit.ly/3wcVdBS Open / Comment

2022-05-16 13:00:05 Exclusive to first-time savings subscription on AAX: 60% APY on BTC, ETH, USDT fixed savings for 7 Days!

You can enjoy up to 20% APY after the first 7 days Don't miss the chance for the amazing passive earnings!

Sign up now https://bit.ly/33qFUd5
More details about savings on AAX https://bit.ly/35tFvap Open / Comment

2022-05-13 20:00:05 ​Report: Tanzania Closer to Launching a CBDC

Tanzania is getting closer to launching a central bank digital currency (CBDC) which gives the country’s residents a “safe alternative,” the central bank governor has said. However, no date for the digital currency launch has been given.

According to Florens Luoga, the governor of Tanzania’s central bank, his country is inching closer to the launch of a central bank digital currency (CBDC). When launched, the CBDC is expected to counter the growing interest in privately issued cryptocurrencies, a report has said.

In remarks made during an interview, Louga suggested the Bank of Tanzania (BOT) is also preparing for the launch of a CBDC because it cannot ignore the technological advances in money. The governor claimed that BOT’s digital currency will provide users with an alternative that is safer than cryptocurrencies. He said:

It’s important for us to provide a central bank digital currency as a safe alternative because many people are being affected by cryptocurrency speculators.

The governor added that the central bank has since sent officials to countries whose respective CBDCs have progressed. While many central banks have touted CBDCs as an alternative to cryptocurrencies, few have actually piloted their respective centralized assets. In Africa, only the Nigerian central bank has so far launched a CBDC, while a few others are still at the exploratory or research stages.

Meanwhile, when asked about the launch date of Tanzania’s digital currency, Luoga reportedly declined to state when this is likely to happen. He did, however, emphasize that the BOT cannot ignore this phenomenon.

“Almost worldwide, central bank governors are in training right now and holding discussions on how to bring it about,” Luoga argued. Open / Comment

2022-05-13 13:00:06 BattleVerse Open Beta Launch

BattleVerse ($BVC) - MULTICHAIN PLAY-TO-EARN METAVERSE and Binance Smart Chain GameFi Hackathon prize winner announced the start open beta test

Their main goal is to give everyone the opportunity to earn through fun gameplay, even if you are not an experienced player in the world of Play-to-Earn (P2E) games.

To celebrate this significant event the team launches another raffle in which 10 of the luckiest can win a cool Battle Shroom NFT and get to the battle arena among the first!

Link to participate: https://battleverse.io/gleam4/gctg1305
Deadline: May 17

More entries – more chances to win! All winners' entries will be checked by us manually! So don't miss your chance to earn!

Also this project offers an interesting and profitable staking system! You can stake $BVC (project token) and get tokens of four projects with income level up to 250% APY!

Let's blow up the Arena!

BattleVerse Universal link Open / Comment

2022-05-10 20:00:05 ​NASA Partners With Epic Games to Create a Martian Metaverse Simulation

NASA, the U.S. space agency, has partnered with Epic Games, the company behind Fortnite, to build a challenge for developers to help create a Martian metaverse experience. The challenge will include various tasks, including designing several key environments for Martian astronauts, which will be rendered using Epic Games’ Unreal Engine 5 to provide a realistic environment.

NASA, the U.S. space agency, has recently posted a challenge to attract developers to help build a Martian metaverse environment to aid in training purposes. The challenge, which was posted in Herox, a crowdsourcing problem-solving platform, calls for developers to aid the institution in building “Virtual Reality (XR) assets and scenarios for use by NASA in research focused on extravehicular activities on the surface of Mars.”

The challenge aims to populate an already-started metaverse world called MarsXR, which has now mapped 400 km2 of Mars terrain, with realistic day/night cycles, all modeled with Epic Games’ Unreal Engine 5, which will also be used by the developers to create the submissions in the challenge.

The virtual experiences that NASA has defined as categories for this task include set up camp, scientific research, maintenance, exploration, and blow our minds, each one with a different purpose to fulfill. The challenge will reward the winners with a total prize purse of $70,000, shared across twenty individual prizes. This means that each prize for every category will be an average of $6K.

This activity has already gathered a lot of attention from several groups that want to contribute to grow NASA’s Martian metaverse, according to the Herox page. More than 24 teams and 237 innovators are contributing to the construction of the Martian simulation, which will help the agency to cut costs by using a virtual reality module known as Apache to train upcoming astronauts in various experiences.

While institutions have been slow to adopt virtual reality and metaverse-based apps, this seems to be changing, as both Microsoft and Meta are introducing virtual reality suites in the field. Microsoft announced last year it would integrate Mesh, an app that will replace video with digital avatars for meetings and presentations, directly into the popular Microsoft Teams app. For its part, Meta just announced the launch of Venues in its flagship metaverse app, Horizon Worlds. Open / Comment

2022-05-07 20:00:06 ​Bitcoin, Ethereum Technical Analysis: ETH Remains Close to 6-Week Low to Start the Weekend

Following a recent string of declines, ETH continued to hover close to a six-week low to start the weekend. BTC was also lower on Saturday, as the world’s largest cryptocurrency remained closer to a two-month low.

BTC was once again trading lower on Saturday, as prices were battling to find a floor following Friday’s selloff.

After hitting an intraday low of $35,482.13 during yesterday’s session, BTC/USD was marginally higher, but still close to its two-month low.

Today’s session has so far seen BTC rise to a peak of $36,357.75, which is around 0.26% higher than yesterday’s low.

Crypto prices have sunk in the past three days, as markets reacted to the Fed’s interest rate decision, and the recent non-farm payrolls report.

Markets across the board have sold off, with the Dow Jones falling by over 1,000 points in recent days.

Many believe that this is a result of traders taking a risk off approach as inflationary pressures continue to grip participants with fear.

As of writing, BTC seems to have found an interim floor of $35,530, with some hoping this could be a launching point towards $37,000.

Saturday also saw ETH attempting to find a form of price support, as prices battled to move away from a six-week low.

Following three consecutive sessions of declines, the world’s second-largest cryptocurrency seemed to have found support at $2,660.

This potential support point comes after the price fell to a low of $2,645.34 on Friday, having since risen to a peak of $2,721.10.

This price drop comes as the 14-day RSI also hit a floor of its own, at the 39.10 level, which is the lowest point it has tracked at since last Saturday.

Bulls will be looking at what happened on March 16 for inspiration, when we saw a bounce from this current price point, leading to a nearly $1,000 price increase.

However, should this floor fail to hold, then bears will likely be targeting exits at $2,500. Open / Comment

2022-05-04 20:00:05 ​El Salvador’s Bitcoin Volcano Bonds Launch Still on Hold, According to Treasury Minister

The date of the launch of the Salvadoran bitcoin bonds, the instrument that would serve to build the announced Salvadoran Bitcoin City, is still unknown. Announced to be released earlier this year, the launch has been affected by the current war in Ukraine, and the deceleration of global markets. According to Treasury Minister Alejandro Zelaya, El Salvador is still waiting for favorable market conditions.

The government is reconsidering the launch date of its Salvadoran bitcoin bonds, whose funds are to be used to finance the construction of the Bitcoin City, a city that would feature a 0% income tax and be carbon-neutral due to the geothermal energy powering its operations. Alejandro Zelaya, El Salvador’s minister of treasury, explained that the market conditions and the war in Europe had affected the conditions to issue these bonds.

In an interview on local TV, Zelaya stated:

We are waiting for the right moment and the president says when… It depends on how the market is.

The Salvadoran bitcoin bonds were expected to be launched during the first three months of the year, using the technology provided by Blockstream and its Liquid network. The country had advanced regulations for the issuance of these debt instruments since January. However, the announced issuance period passed, and the bonds were not issued.

Zelaya also claimed there are other reasons affecting the issuance of the Salvadoran bitcoin bonds, like the sudden fall of the cryptocurrency market. This fall in the price of BTC could be making investors wary of putting money into these instruments.

The minister referred to the launch back in March, stating conditions were not right for the issuance of the bonds at that time, and hinted at a possible future issuance in the months of May or June, mentioning September as the latest potential date for launch.

However, local economists have other opinions when it comes to the reasons why these bonds have not been issued. Tatiana Marroquin, a Salvadoran economist, stated to local media that there were contradictions in the government preventing the issuance of the bond to be completed.

On the bitcoin price argument, she explained:

Technically the price argument is not valid, if the price is low right now, people are hopeful that it will go up, take out a bitcoin bond that is worth 30 right now and that will be worth 60 at some point because it would be the biggest incentive for the investors. Open / Comment