Idowall starts off with Seed-Sales, aims to maximize the benefits for earlier joiners.
Idowall, a launchpad where multiple pre-sales are listed after crucial vetting. In a bid to scale the project, the team behind Idowall is pleased to announce the launching of its seed-sale to investors. The seed-sale is an opportunity for early birds to purchase $WALL before its listing on major exchanges at a higher price.
Idowall has a native token built on the blockchain. The token is used to power the Idowall protocol and it comes with the symbol “$WALL.” To access the announced pre-sale listing, investors will need the $WALL token to access the pre-sale. Tokens will be rewarded in two ways.
First, they can stake their token to earn more $WALL or farm ADA to earn passive income. Secondly, when $WALL has been listed on major exchanges, early bird investors will make money due to price appreciation. Additionally, token holders will have the opportunity to vote on the direction of a new Cardano IDO project.
Idowall is different from other launchpads on the Cardano blockchain due to the following reasons:
View Token Presales From Different Launchpads
One of the numerous benefits of investing in the Idowall project is that you will be able to view token Presales from multiple launchpads. All pre-sales listed on the Idowall launchpad have been vetted; meaning, you won’t be misled into investing in a scam project.
View Crucial Information About Each Pre-sales
Aside from getting a chance to view multiple Pre-sales on the Idowall launchpad, you will also be able to view important information about each project, including the project’s total supply, KYC, Team DOX status, and Token Policy ID.
Opportunity To Earn Passive Income
Idowall launchpad gives you the opportunity to earn extra passive income just by holding the $WALL token. You can farm ADA or stake your $WALL to earn more passive Income. What’s more? Holding $WALL gives you the leverage to break the barriers and also access Idowall Pro.
Idowall parades a team of experienced and knowledgeable blockchain experts with vast years of experience in the Fintech industry. The team has all it takes to deliver on the project’s mission, vision, and also create a safer investment hub for everyone. The team‘s intention is to purge the pre-sale ecosystem from scam or fake projects.
Idowall is a Cardano-based project that lets crypto investors discover pre-sales from multiple launchpads in a single page. In other words, Idowall has the metrics to help you find the next Cardano gem token. You can view native Cardano token pre-sales and also compare tools, all in a single interface.
Ever since developers can mint new tokens on the Cardano blockchain, bad actors have vowed to scam unsuspecting investors of their hard-earned money by way of minting fake tokens to raise money. But with Idowall, investors can easily do their research, which will reduce their involvement in risky projects. Idowall lets investors view pre-sales like Kick.io and Cardstarter. Idowall’s platform AI algorithm automatically detects new pre-sales created on the Cardano blockchain.
$WALL Token Seed Sale:
The seed sale begins on November 1st, 2021.
Ticker: WALLBlockchain: Cardano (ADA)Token Sale Price: 1 ADA = 20 WALLMinimum Buy: 100 ADAMaximum Buy: 10000 ADATotal Tokens: 10,000,000 WALLAvailable for Token Seed Sale: 2,000,000 (20% WALL)The Seed Sale Round Closes when the hard cap of 10 million WALL is filled
In order to join the seed sales:
IMPORTANT NOTICE: (Do not Send Your ADA directly from an exchange to our presale address. Ensure to send from a Cardano Supported Wallet (Cardano Wallets includes: Yoroi, Daedalus, Adalite or Nami Wallet).
NOTE: $WALL token will be distributed immediately after your payment confirmation
Social Media Handles:
Twitter (NYSE:): https://twitter.com/IdowallprojectTelegram: https://t.me/idowallMedium: https://idowall.medium.com/
Company Name: IDOWallContact Name: Eddy WagnerEmail: email@example.comWebsite: https://idowall.com
Disclaimer: Any information written in this press release does not constitute investment advice. CoinQuora does not, and will not endorse any information on any company or individual on this page. Readers are encouraged to make their own research and make any actions based on their own findings and not from any content written in this press release. CoinQuora is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release.
Is stablecoin a security? Crypto Investors get rid of stablecoins: USDT suffered the most
The market capitalization of the leading stablecoins has dropped significantly after the FTX crash. Let’s find out what this means for the market and whether it’s worth following the example of other investors and going into fiat. Is stablecoin a security?
The drama surrounding FTX seriously undermined investors’ confidence in centralized exchanges and forced them to get rid of stablecoins en masse. USDT suffered the most: according to CoinMarketCap, its supply has fallen from $67 billion to $65 billion in the last two weeks.
Because of concerns about Tether and stablecoin security reserves, users are redeeming USDT or converting it to USDC. A similar situation was observed after the collapse of Terra Luna – then within two weeks the market capitalization of the asset fell by $10 billion.
However, CTO Paolo Ardoino says that Tether was not affected by the FTX crash and users have nothing to worry about.
BUSD and DAI were also hit
USDT is not the only stable coin affected by the FTX story. For example, the circulating supply of BUSD fell from $23 billion to $22.5 billion, and DAI fell from $5.7 billion to $5.2 billion.
On the contrary, the capitalization of USDC and Pax Dollar steel blockers increased. Over the past two weeks, USDC’s supply reached $44.7 billion.
The cryptocommunity is actively discussing this on Twitter and speculating about the reasons for this growth. Some believe it may be due to USDC’s profitability and the influx of former USDT holders into the asset.
FTX collapse undermined investor confidence
The fall of the Sam Bankman-Fried empire has undermined user confidence in the cryptocurrency and led to a massive collapse in prices.
But market participants also fear that other platforms will follow FTX’s lead. So it’s no surprise that many retail investors are choosing to hold their own assets rather than hold them on centralized exchanges.
Previously, we reported that Poloniex curtailed support for stablecoins on the BNB Chain.
U.S. authorities launch investigation into Genesis investing system
The Securities Commission of Alabama launched an investigation into the Genesis investing system. This edition of Barron’s, citing the head of the regulator, Joseph Borg.
Borg refused to elaborate on what exactly Genesis is suspected of. The newspaper said the Alabama regulator as well as agencies in several other states were investigating whether Genesis had encouraged U.S. citizens to invest in securities.
Which other regulators are in question is unclear. Borg himself has not directly stated the investigation against Genesis. Instead, he said that “if a firm serving institutional investors fails, retail depositors will be affected [as well].”
Is Genesis investing legitimate?
Genesis Global Trading has hired consultants from investment bank Moelis & Company to consider options for restructuring the business, including bankruptcy. As The New York Times has learned, the broker has not yet made any final decision and still hopes to avoid bankruptcy.
It is worth noting that Moelis & Company consultants also tried to save the bankrupt broker Voyager Digital. A Genesis spokesperson said in a media comment that the firm is still trying to find a way to resolve the issue without declaring bankruptcy.
Genesis’ problems have already affected the firm’s partners. The credit division of cryptocurrency exchange Gemeni is known to have frozen the withdrawal of client assets, citing Genesis’ difficulties. The exchange later said it was working on a solution, but did not provide details.
We previously reported that Binance is launching a reserve-proof system.
How the SEC is trying to create conditions for money control bitcoin. What could it lead to?
When CME Group launched the first bitcoin futures contract in 2017, Chairman Emeritus Leo Melamed said he would “tame” the major cryptocurrency. The SEC has since approved several ETFs. But as exchanges increased their supply of BTC, the community began to have questions about market manipulation. Today, it’s about money control bitcoin.
Banks want to control bitcoin. Can banks control bitcoin?
Manipulating bitcoin with ETFs will lower its price in the short term, but will help accelerate the mass adoption of the cryptocurrency by traditional market participants.
The SEC approved the first bitcoin ETF in October 2021. The ProShares Bitcoin Strategy exchange-traded fund appeared on the New York Stock Exchange on Oct. 19, a day when the fund’s shares traded nearly $1 billion.
The Bitcoin ETF is not suitable for retail investors because it gives institutional investors an advantage. A bitcoin futures ETF has “the potential for price suppression and greater volatility due to the dominance of futures.” BTC futures will appreciate relative to the spot price because of positions opened by hedge funds.
The gold standard. Who controls cryptocurrency?
It’s a common belief in the gold market that ETFs are currently outpacing prices. The same practice seems to have been adapted for the bitcoin market as well. CME Group claims that bitcoin ETFs will help investors “benefit from efficient price discovery in transparent futures markets.”
“Paper” bitcoin may change the minds of crypto skeptics
Bitcoin’s core value comes from two factors. First, BTC is truly decentralized. Second, its maximum supply is 21 million coins. However, bitcoin ETFs increase the supply of BTC by selling “paper” assets and thus affect the value of the cryptocurrency.
The threat of decentralization
Bitcoin futures ETFs can accelerate mass adoption. However, their existence runs counter to the decentralization ethic advocated by the BTC. There is concern that the BTC could be “hijacked” by hedge funds and big banks, which could end up manipulating the price.
We previously reported that Polkadot is offering money to fight cryptocurrencies.
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