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$SURV JUST LAUNCHED NOW! 😱🚀
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2022-02-22 21:00:23
Tourism in El Salvador up 30% since Bitcoin adoption, minister says.
Salvadoran President Nayib Bukele previously announced that El Salvador’s GDP grew over 10% in 2021.
El Salvador’s adoption of Bitcoin (BTC) as legal tender in September 2021 has triggered a notable surge not only for its gross domestic product (GDP) but also for the local tourism development.
According to Salvadoran Tourism Minister Morena Valdez, the tourism industry in El Salvador has surged more than 30% since the adoption of the Bitcoin law in September 2021.
“We did a poll to check the activity according to the before and after of Bitcoin. The tourism sector increased in November and December. This increased by more than 30%,” Valdez said in an interview with the local news agency El Salvador News English on Monday.
Valdez noted that El Salvador’s Bitcoin adoption has also impacted the flow of tourist visits, increasing the number of tourists coming from the United States. Prior to the Bitcoin law enactment, the majority of visitors was coming from neighboring countries in the Central American isthmus. Now, as many as 60% of tourists come from the United States, she said.
The minister added that El Salvador’s tourism growth has exceeded the government’s expectations, reaching 1.4 million visitors instead of 1.1 million tourists.
“We had projected $800,000 in foreign exchange but we obtained more than $1,400 million of income in foreign currency,” Valdez stated.
Related: Pro-Bitcoin president of El Salvador to offer citizenship for foreign investors
The news comes shortly after Salvadoran President Nayib Bukele announced that El Salvador’s GDP grew 10.3% in 2021. The country’s exports, a major driver of economic growth, have also increased 13% year-over-year in January 2022.
2022-02-22 20:00:45
🚨HODL BABA NFT🚨
The HodlBaba has a philanthropic mission to solve global warming issue by planting 100K trees also, HodlBaba will launch its own token and staking in phase 1.
Every mint of HodlBaba NFT will donate funds for the X number of trees which shows on the left bottom of NFT so that the hodlers can save the environment and live in a clean and green place (Earth).
MINT IS LIVE! 📣
Official mint site: https://hodlbaba.com/
Join us: https://discord.com/invite/AKhC5cgQJv
Price: 0.06ETH
See you!
2022-02-22 18:00:46
Check Out Fab Four Gear and their Sullivan Trading Card Game dropping February 23rd 2022🎉!
✅ They are giving up to $60k USD back to the winners (20%), plus they have set aside 4% to go back to charity. That's over $75k USD given back! 💰💰
Time Pre-Sale: 5AM PST/8AM EST (Genesis Pass owners save 25% during pre-sale)
Time Sale: 5:44AM PST/8:44AM EST!
They are a Beatles fans inspired to use the Metaverse to change the real world, while creating assets for their community. Check our their Discord to learn more about them!
How the Sullivan Trading Card Game works:
Here are 6 easy steps to win our Trading Card Game:
1. Mint at least 16 of the Sullivan Trading Cards to get a jump on winning the game. Hint: Mint 64 Cards to win the big prizes.🎁
**Trading Cards are randomly generated.
2. Go to the #trading-zone channel on our Discord and meet other players to arrange trades to match up your Cards. However, we suggest you use services such as “NFT Trader” to protect yourselves when doing an actual trade. We assume no risk or liabilities. Trade at your own risk.
3. Once you have 4 matching Cards then burn🔥 them to create an Exclusive NFT.
4. Keep playing the game. Repeat steps 2-4 as necessary to create more Exclusive NFTs. Once you create 4 different Exclusive NFTs, then claim your free Microphone AirDrop (gas fees not included).
5. Collect all 16 Exclusive NFTs to win an ULTIMATE GRAND PRIZE!
6. Submit your wallet for verification.
🏆ULTIMATE GRAND PRIZE🎁 goes to the 1st player who submits their verification to prove they have all 16 Exclusive NFTs. This player wins the Ultimate race AND wins ALL their ETH back💰💴💰 (not including gas fees) that they originally paid for their 64 Cards minted through our website.
OTHER PRIZES: All other players who complete the Sullivan Trading Card game will get back about $400 USD (in ETH; not including gas fees) as a reward! That's up to $60,000 USD back to the community!
Each time you buy a Trading card you are building a digital asset, having fun, and are donating to 4 different charities💖 that John, Paul, George, and Ringo support!
✅Click Here: Join their Discord community and get started!
👉Fab Four Gear has been published in Music Times, Marketwatch, Crypto News, Bitcoinspeak, and more! Check out their website to see Press they’re receiving!
FabFourGear.com
2022-02-22 15:00:50
✅ @dehealth , brand new Web 3.0 protocol, is now LIVE on @DaoStarter
💎 The link to public sale on DaoStarter
https://www.daostarter.pro/#/parameterLimit/49920
💎 LIVE on scaleswap.io at 12 UTC
💎 LIVE on app.lunapad.co at 13 UTC
2022-02-21 14:59:10
Blockchain Games in 2022: Play-to-Earn, Gamification, Interoperability and Major Publishers.
Video games have long been regarded as a Trojan horse for new technologies. Whether it be home computers, smartphones, or virtual reality, the pleasure of gaming is usually one of the most effective ways of interesting the public in new tech, and the same is true when it comes to blockchain and cryptoassets.
In fact, Cryptonews com prophesied that video games will drive blockchain adoption way back in 2018, and this prediction really does seem to be coming true, with 2021 seeing greater interest in blockchain-based games. And according to a range of industry figures, such games will attract even more usage and adoption this year, with play-to-earn (P2E) and GameFi (decentralized applications (dapps) with economic incentives) most likely being the dominant trends.
On top of this, many analysts expect major game developers and publishers to enter blockchain-based gaming to some degree this year, with the use of NFTs proving a big draw. However, while 2022 might witness considerable growth for crypto-gaming, there might still be a considerable degree of experimentation as the sector decides what works and what doesn’t.
Play-to-earn driving continued blockchain-gaming growth
Make no mistake: games are big for the crypto sector, as explained to Cryptonews com by DappRadar’s co-founder and Chief Development Officer (CDO), Dragos Dunica.
“Along with NFTs, which currently lead in terms of trading volumes, games are the blockchain industry’s leading segment in terms of usage. Similarly to Q4, over 50% of unique active wallets interacted with gaming dapps [decentralized applications] [last] month, meaning that, despite the crypto crash, this category remained stable,” he said.
Dunica explains that one particular area of the crypto-gaming sector is key for its growth: play-to-earn. As its name suggests, this is a model where players receive rewards (usually NFTs or native tokens) for playing a given title, with Axie Infinity being the most notable example.
“Play-to-earn has been a key driver for gaming’s increasing popularity, and it’ll likely remain so. That the top five games -- Alien Worlds, Splinterlands, Farmers World, Axie Infinity, and Upland -- are, all in all, retaining their users is a good indicator of this trend continuing over the next few months,” he added.
2022-02-19 21:00:31
61% of Luxembourg financial players to embark on crypto journey in 2022: PwC.
The Big Four player PwC Luxembourg dropped a compelling report on crypto-asset intentions, ownership and challenges.
In a bullish report released by professional services firm PwC Luxembourg, 61% of 123 Luxembourg-based financial players are “embarking or planning to embark on a crypto journey.”
The report comes hot on the heels of competitor professional services firm KPMG Canada’s decision to add Bitcoin (BTC) and Ethereum (ETH) to its treasury. It appears the Big Four is warming up to crypto.
Thomas Campione, blockchain & crypto-assets Leader for PwC Luxembourg, told Cointelegraph that “For many years, traditional players have been looking at crypto-assets with skepticism.” He added that a possible combination of “branding issues” and a lack of understanding may have stymied growth in the space in the past.
However, the negative sentiment may be on the turn. Campione told Cointelegraph:
“It is becoming clear however that 2022 shall be a pivotal year when it comes to crypto-assets management.”
The report shares that the “rate at which the global crypto-assets industry is undeniable,” and attempts to use Luxembourg as a “lens” through which one can gain a better understanding of the nascent asset class.
The only Grand Duchy in the world, Luxembourg is a tiny European country that punches well above its weight in the financial services and blockchain industries. In 2021, the PM declared his desire for Luxembourg to be the 'digital frontrunner' in blockchain.
OG’s in the cryptocurrency space will remember that PwC Hong Kong began accepting payments in BTC in 2017. Campione told Cointelegraph that PwC Luxembourg began the same process in 2019.
While the report cites energy consumption, anti-money laundering concerns and “regulatory fragmentation” as challenges facing the cryptocurrency industry; critically, one-fifth of the businesses surveyed in the report already view “crypto-assets as a strategic priority.”
Campione concluded:
“Taken into consideration that Luxembourg is the second investment funds hub in the world, these results clearly set the tone on what to expect in the market in the very near future."
2022-02-16 20:00:26
Intel to enter crypto space with blockchain accelerator shipping later this year.
For now, it appears its efforts are focused on improving GPUs for crypto mining.
On Friday, Raja M. Koduri, senior vice president of accelerated computing systems and graphics group at Intel, declared their intent to contribute to the development of blockchain technologies, beginning with the introduction of energy-efficient crypto mining accelerators that will be released this year. Previously, Intel had announced it would unveil the next generation of Application-Specific Integrated Circuit mining machines at the next International Solid-State Circuits Conference later this month.
The company would also form a new International Solid-State Circuits Conference within Koduri's division. It would be responsible for building custom silicon platforms for optimizing blockchain mining performance and the design of supercomputers.
In addition, the firm believes that its circuit innovations will deliver a blockchain accelerator that has over 1000 times better performance per watt, or energy used per units time, than the mainstream GPUs used to mine blockchain networks, which utilize SHA-256 encryption. Regarding the development, Intel said:
"Argo Blockchain, BLOCK (formerly known as Square), and GRIID Infrastructure are among our first customers for this upcoming product. This architecture is implemented on a tiny piece of silicon to have minimal impact on the supply of current products."
Intel has had an odd, low-profile relationship with the cryptocurrency space over the years. The difficulty of mining Bitcoin has increased to the point that ASICs are required over GPUs for a chance at profitability. As for Ethereum mining, NVIDIA and AMD currently dominate the sphere with their GPUs sold en mass to local miners. Prior to unveiling its Bitcoin mining hardware, Intel had not seen much action in the crypto space, aside from taking a small stake in Coinbase stock last year.
2022-02-13 20:00:48
Terra sponsors Washington Nationals, Bitstamp backs Immortals esports.
The two new partnerships will see crypto and NFT integrations with major professional sports and esports organizations.
Sports and esports fans will soon see more crypto ads during games as Terra has partnered up with the Washington Nationals MLB team and crypto exchange Bitstamp is now partnered with esports organization Immortals.
Terra (LUNA) is the 10th largest cryptocurrency by market cap and the blockchain that produces the UST stablecoin. The project is governed by a decentralized autonomous organization (DAO), which is now an official partner of the Washington Nationals.
The Terra community committed $38.2 million in UST over the next five years to secure the deal. The partnership was proposed by Terra founder Do Kwon on Feb. 1 through the community’s governance platform.
As part of the partnership, there are plans to allow fans at games to make purchases with UST at the team's home stadium, Nationals Park, as early as next season.
The team will also display Terra signage around Nationals Park during games and produce a five-part video series promoting Terra.
Nearly 1.5 million fans attended Nationals games throughout the 2021 season. That number is expected to climb above 2 million as Covid-19 restrictions are lifted, giving Terra greater exposure in the ballpark.
The Terra community joins FTX as a major crypto outfit sponsoring professional American sports teams.
U.K.-based crypto exchange Bitstamp announced on Feb. 9 that it has partnered with the U.S.-based Immortals competitive esports organization.
The deal will see Bitstamp and Immortals collaborate on three fronts including future nonfungible tokens (NFT) for fans.
Immortals will launch a team of content creators who will serve as Bitstamp brand ambassadors and offer “interactive streams, custom content, and exclusive giveaways that fuse crypto and gaming.”
Bitstamp will sponsor the Immortals during the League of Legends World Championship. At the championship, every time Immortals draws first blood (that is, gets the first kill in a match) fans will have a chance to win crypto.
2022-02-10 20:15:00
US Treasury targets NFTs for potential high-value art money laundering.
The Department of the Treasury suggested that the increasing use of art as an investment or financial asset could make the high-value art trades vulnerable to money laundering.
The U.S. Department of the Treasury released a study on the high-value art market, highlighting the potential in the nonfungible tokens (NFT) space to conduct illicit money laundering or terror financing operations.
The treasury’s “Study of the facilitation of money laundering and terror finance through the trade in works of art” suggested that the increasing use of art as an investment or financial asset could make the high-value art trades vulnerable to money laundering:
“The emerging online art market may present new risks, depending on the structure and incentives of certain activity in this sector of the market (i.e., the purchase of NFTs, digital units on an underlying blockchain that can represent ownership of a digital work of art).”
The study underlines the importance of NFTs in representing ownership of the digital and physical property that is managed and controlled via smart contracts and digital wallets. The treasury also points out that the price of NFTs is determined by the buyer and seller and not the market:
“According to U.S. authorities, in the first three months of 2021, the market for NFTs generated a record $1.5 billion in trading and grew 2,627 percent over the previous quarter.”
However, the NFT market in 2020 alone was valued at more than $20 billion. The U.S. treasury suggested a possibility where criminals can purchase NFTs with illicit funds and resold to an unwary collector “who would compensate the criminal with clean funds not tied to a prior crime.”
NFTs can also be sold via peer-to-peer (P2P) sales, which bypasses the need for an intermediary or recording the transaction over the public ledger. While underscoring the various money laundering vulnerabilities made possible by the NFT ecosystem, the treasury concluded:
“Moreover, traditional industry participants, such as art auction houses or galleries, may not have the technical understanding of distributed ledger technology required to practice effective customer identification and verification in this space.”
2022-02-07 20:00:38