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SNPad Announces Uniswap Listing and Plans to Transform TV Advertising with AI-Powered Platform

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[PRESS RELEASE – Bucharest, Romania, June 4th, 2024]

SNPad, a new Web3 platform integrating AI and blockchain for personalized TV advertising, announced the upcoming listing of its SNPAD token on Uniswap on June 4, 2024 at 12:00 UTC. The event represents a significant milestone in the project’s ambitious roadmap and will enable it to raise liquidity for SNPAD token trading.

SNPad is a groundbreaking advertising platform that seeks to revolutionize how people interact with TV commercials. Users can install SNPad as a free app on their smart TVs, replacing traditional TV channel ads with personalized advertisements from the SNPad platform. These ads start and end simultaneously as the TV channel ads, ensuring a seamless viewing experience. The displayed ads are tailored to the user’s preferences, allowing them to see the desired products. Additionally, ad viewers are rewarded with up to 70% of the ad revenue in SNPAD tokens for their attention.

SNPad features a TV app for ad display and a mobile app for profile setup and crypto wallet management. This dual-application approach provides a secure and comprehensive user experience without affecting TV viewing habits. Notably, the SNPad application runs separately from the live TV broadcast and does not alter the TV content.

The beta version of the SNPad TV app is now available, allowing LG and Samsung TV owners, as well as Android and iOS mobile users, to test it on their smart TVs and mobile devices. Their experiences and feedback are invaluable to the SNPad team in refining and enhancing the app’s features.

SNPad uses cutting-edge AI technology to detect when a TV program breaks for commercials and seamlessly replaces the original advertisement broadcast with user-personalized ads. This provides users with a bespoke viewing experience and considerable earning opportunities. For example, users can earn up to 70% of the advertiser’s reward in SNPAD tokens for each ad they watch. Moreover, the ads on SNPad have interactive features, such as QR codes, direct purchases, and other activities or information via the remote control.

The platform uses a proprietary cloud network to guarantee high availability and redundancy for its backend services. Also, the team established strategic partnerships with Interlan Internet Exchange, Limitless, University Politehnica Bucharest, Incertrans SA, and Lirapay to enhance SNPad’s reach and functionality.

SNPad caters to TV viewers as well as to small and medium businesses. The latter now have the opportunity to showcase their products and services to specifically targeted audiences. The platform enables companies to “communicate” with the customers most likely to be interested in their offers based on location, interests, and viewing habits. More importantly, they no longer waste money on unseen ads. Instead, they can track their ads’ performance on the blockchain and clearly see what they need to improve.

About SNPad

SNPad is a revolutionary Web3 project that is the first to replace traditional commercial broadcasts on cable and satellite TV channels with personalized ads. The project received the “Best Blockchain Startup” award at the Crypto Expo Europe (CEE) 2024.

The platform aims to tap into a vast and unexplored market boasting over 1.72 billion homes with TVs worldwide. Its innovative service has an enormous potential for growth and user engagement, rewarding both viewers and advertisers.

SNPad will use up to 70% of the commercial business revenue to purchase SNPAD tokens from the market and reward users. The project has already minted all SNPAD tokens and made them available on the market, with no future minting possible.

The upcoming listing of the SNPAD token on Uniswap on June 4, 2024, at 15:00 UTC, could mark a historic moment for the television advertising landscape and its imminent integration with AI, blockchain, and other Web3 technologies.

Users can follow the project and stay up to date with its development at these links: Website | X (Twitter) | Telegram |

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Tron (TRX) Price Heatmap: Is a Local Bottom on the Horizon?

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Post-Christmas, the cryptocurrency market turned red, with most assets suffering heavy losses. Tron (TRX) is not immune to the downturn. Earlier this month, the asset reached a new peak and reclaimed the 10th spot by market cap, which sparked a renewed sense of hope in the community.

But the latest pullback extended its losses. As a result, TRX is down by over 43% from its recently established all-time high of $0.43 to the current price level of $0.25. However, data points to the formation of a local bottom soon.

TRX Nearing a Turning Point?

CryptoQuant’s analysis of TRX’s price heatmap revealed that the green trend, represented by the one-year moving average plus two sigma, could serve as a crucial support level during the current market correction.

Historically, this green trend has acted as a strong foundation during bull rallies, and it is anticipated to provide similar support, potentially marking a local bottom for TRX’s price.

TRX Chart. CryptoQuant
TRX Chart. Source: CryptoQuant

The current levels for the green, purple, and blue trends are $0.23, $0.40, and $0.49, respectively. These levels are dynamic and will likely adjust upward with increased interest and demand. As the market heats up, attention should be given to the purple and blue trends, which may act as resistance zones. If TRX price stays above the green trend, it could signal the start of a new upward trend.

On the other hand, CryptoQuant warned that a drop below the green trend might indicate a weakening bull cycle. As demand strengthens, Tron’s price could target the purple and blue trend levels, with a breakthrough above the 0.40 level offering strong market confidence.

What’s Next For Tron?

Earlier this month, TRX’s rally was driven by speculations about Grayscale listing and Tron founder Justin Sun’s initiatives, including a $30 million purchase of WLFI tokens tied to Trum’s project and his advisory role. Sun’s involvement with the artwork “Comedian” has also engaged the community, igniting ripple effects for tokens like BAN and related projects.

Despite the latest setback to the rally, experts point to a moderately favorable year ahead for the asset. CoinCodex, for one, predicted that TRX could see a modest 2.93% price increase to $0.264 by January 24, 2025. The sentiment remains neutral, while the Fear & Greed Index reflects high optimism at 73 (Greed).

TRX has demonstrated 50% green days and 17.17% volatility over the past month, thereby indicating active market participation. Analysts view this as a good buying opportunity, with expectations of a short-term peak of $0.268 on December 30, 2024.

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ADA Needs to Maintain This Level to Avoid Drop to $0.5: Cardano Price Analysis

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Cardano is one of those crypto assets that has closely followed Bitcoin in terms of price action and is currently experiencing a pullback similar to BTC.

By Edris Derakhshi (TradingRage)

The USDT Paired Chart

On the USDT-Paired chart, the asset began its aggressive rally at the beginning of November, breaking the 200-day moving average to the upside. Since then, multiple resistance levels have been broken, but the $1.2 level has rejected the asset on a couple of occasions.

The market’s failure to continue beyond the $1.2 level has led to a correction toward the $0.75 support zone, successfully preventing a deeper decline. If this level holds, it could only be a matter of time before ADA climbs above the $1.2 mark. Yet, a breakdown of this area could result in a drop toward the 200-day moving average, located around the $0.5 level.

The BTC Paired Chart

On the ADA/BTC daily chart, it is evident that Cardano has outperformed Bitcoin during the recent crypto rally but is also depreciating against BTC on a broader scale. With the 1,000 SAT support level being almost broken to the downside, it is likely for the ADA/BTC chart to decline toward the 200-day moving average, located around the 700 SAT mark.

Therefore, as the chart suggests, it is probable that BTC will outperform ADA in the coming weeks.

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Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Cryptocurrency charts by TradingView.

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Bitcoin Price Analysis: BTC Risks Dropping Toward $80K if it Fails to Reclaim $100K Soon

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Bitcoin has failed to sustain its rally above the $100K level and has been correcting over the last week.

Yet, a bullish continuation can materialize soon.

Technical Analysis

By Edris Derakhshi (TradingRage)

The Daily Chart

On the daily chart, the asset dropped below the $100K level last week and has failed to climb back above it since. While the $90K support zone has held the market, preventing it from dropping lower, the price has failed to break above the $100K level yet again and is getting rejected to the downside.

This could result in a deeper continuation below the $90K and toward the $80K area in the coming weeks if the price fails to break back above $100K.

The 4-Hour Chart

Looking at the 4-hour timeframe, things look slightly more tricky for Bitcoin. The price has recently broken the ascending channel pattern to the downside, which can be a reversal signal. The lower boundary of the pattern has also been retested twice alongside the $100K resistance level.

Yet, both levels have held and pushed the asset lower, which could lead to a drop toward the $90K level and even lower in the short term.

 

On-Chain Analysis

By Edris Derakhshi (TradingRage)

Long-Term Holder SOPR

Not everything can be figured out using technical and price analysis. For a better view of the underlying dynamics of the Bitcoin network, it is beneficial to analyze on-chain metrics.

This chart presents the long-term holder SOPR metric, which measures the ratio of profit realization by investors who have held their coins for over 6 months. As the chart suggests, the realized profit is relatively high, but it has yet to reach the values previously seen when the market was consolidating below the $70K level. This is especially interesting, as BTC is now trading around $100K.

As a result, it could be interpreted that long-term holders’ selling pressure is still insufficient to overwhelm the market, and the price could still rally higher in the coming weeks.

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Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

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