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Decentralization: Unlike traditional Web2, which relies on centralized servers and intermediaries, Web3 is built on decentralized networks like blockchain, where control and ownership are distributed among users.
Blockchain Technology: Web3 leverages blockchain technology to ensure transparency, security, and immutability of data and transactions.
Smart Contracts: These are self-executing contracts with the terms of the agreement directly written into code, enabling automated and trustless transactions.
Cryptocurrencies and Tokens: Web3 uses digital currencies and tokens for transactions, governance, and incentivizing participation within decentralized applications (dApps).
Decentralized Applications (dApps): Applications that run on a decentralized network, providing services without relying on a central authority.
Digital Identity: Web3 promotes user sovereignty over personal data and identity, often through decentralized identifiers (DIDs) and verifiable credentials.
Interoperability: Web3 aims for seamless interaction between different blockchain networks and systems, enhancing connectivity and functionality across platforms.
Ownership and Control: Users have greater ownership and control over their data and digital assets, with the ability to participate in governance and decision-making processes through decentralized autonomous organizations (DAOs).
Token Economy: Web3 incorporates a token-based economy where users can earn, spend, and trade tokens within the ecosystem, often tied to the value and utility of dApps and services.
This is the summary provided by AI; is its response comprehensive?
Blockchain Technology: Web3 leverages blockchain technology to ensure transparency, security, and immutability of data and transactions.
Smart Contracts: These are self-executing contracts with the terms of the agreement directly written into code, enabling automated and trustless transactions.
Cryptocurrencies and Tokens: Web3 uses digital currencies and tokens for transactions, governance, and incentivizing participation within decentralized applications (dApps).
Decentralized Applications (dApps): Applications that run on a decentralized network, providing services without relying on a central authority.
Digital Identity: Web3 promotes user sovereignty over personal data and identity, often through decentralized identifiers (DIDs) and verifiable credentials.
Interoperability: Web3 aims for seamless interaction between different blockchain networks and systems, enhancing connectivity and functionality across platforms.
Ownership and Control: Users have greater ownership and control over their data and digital assets, with the ability to participate in governance and decision-making processes through decentralized autonomous organizations (DAOs).
Token Economy: Web3 incorporates a token-based economy where users can earn, spend, and trade tokens within the ecosystem, often tied to the value and utility of dApps and services.
This is the summary provided by AI; is its response comprehensive?
#1 Pepe (PEPE)
As a highly speculative and volatile meme coin, Pepe (PEPE) has witnessed huge short-term gains, but also rapid declines, influenced by social media hype, and recently, it saw one whale moving a massive 400 billion tokens worth $4.22 million to crypto exchange Binance, which might lead to rising selling pressure.
After breaching the major support level of $0.00001075, Pepe was at press time trading at $0.000009975, recording a decline of 5.29% in the last 24 hours, as well as losing 15.80% across the previous seven days, and accumulating a loss of 12.61% on its monthly chart.
#2 Wormhole (W)
Meanwhile, the cross-chain interoperability protocol Wormhole (W) is about to unlock a whopping 612.12 million of the token, worth around $145 million, which could lead to increased selling pressure as investors receiving them might decide to cash out, affecting its price at least in the short term.
For the moment, Wormhole is trading at $0.2357, which reflects a 3.99% drop on the day, a decline of 18.03% in the past week, and a more significant loss of 34.93% across the month — a trend that could continue as market participants anticipate further downward pressure from the token unlock.
#3 Immutable (IMX)
Finally, another blockchain platform about to witness a major token emission is Immutable (IMX), scheduled to release 32.47 million of the token worth around $43 million. Moreover, it is shutting down its IMX Marketplace on August 13, which could lead to short-term disruptions as users migrate their activities.
Currently, the price of the IMX token stands at $1.33, suggesting a 2.96% drop on its 24-hour chart, aside from accumulating a loss of 11.54% across the past week and recording a decline of 13.12% over the last month, according to the most recent price data retrieved on August 2.
As a highly speculative and volatile meme coin, Pepe (PEPE) has witnessed huge short-term gains, but also rapid declines, influenced by social media hype, and recently, it saw one whale moving a massive 400 billion tokens worth $4.22 million to crypto exchange Binance, which might lead to rising selling pressure.
After breaching the major support level of $0.00001075, Pepe was at press time trading at $0.000009975, recording a decline of 5.29% in the last 24 hours, as well as losing 15.80% across the previous seven days, and accumulating a loss of 12.61% on its monthly chart.
#2 Wormhole (W)
Meanwhile, the cross-chain interoperability protocol Wormhole (W) is about to unlock a whopping 612.12 million of the token, worth around $145 million, which could lead to increased selling pressure as investors receiving them might decide to cash out, affecting its price at least in the short term.
For the moment, Wormhole is trading at $0.2357, which reflects a 3.99% drop on the day, a decline of 18.03% in the past week, and a more significant loss of 34.93% across the month — a trend that could continue as market participants anticipate further downward pressure from the token unlock.
#3 Immutable (IMX)
Finally, another blockchain platform about to witness a major token emission is Immutable (IMX), scheduled to release 32.47 million of the token worth around $43 million. Moreover, it is shutting down its IMX Marketplace on August 13, which could lead to short-term disruptions as users migrate their activities.
Currently, the price of the IMX token stands at $1.33, suggesting a 2.96% drop on its 24-hour chart, aside from accumulating a loss of 11.54% across the past week and recording a decline of 13.12% over the last month, according to the most recent price data retrieved on August 2.
According to a report by blockchain analytics company Lookonchain, a savvy trader recently netted $15.62 million through transactions with Mog (MOG) and Pepe (PEPE) during a market downturn. This success not only highlights the trader’s skill but also their exceptional market judgment.
Lookonchain reports that the trader bought 515.42 billion PEPE tokens from KuCoin for $861,000 in 2023. This bold investment demonstrated significant appreciation amid market fluctuations. By selling 95 billion PEPE tokens in stages, the trader made $1.08 million in profit. Despite selling part of the holdings, the trader still retains a substantial amount of PEPE tokens, with the remaining stake currently valued at $4.18 million, bringing the total profit to $4.4 million.
Lookonchain reports that the trader bought 515.42 billion PEPE tokens from KuCoin for $861,000 in 2023. This bold investment demonstrated significant appreciation amid market fluctuations. By selling 95 billion PEPE tokens in stages, the trader made $1.08 million in profit. Despite selling part of the holdings, the trader still retains a substantial amount of PEPE tokens, with the remaining stake currently valued at $4.18 million, bringing the total profit to $4.4 million.
Re: With the hash rate rising to 635 EH/s, have you stopped mining?
According to Bitcoin Magazine Pro, the 7-day average mining hash rate for Bitcoin has hit a new all-time high, surpassing 667 exahashes per second (EH/s) on July 26th during the Bitcoin 2024 conference. This tops the previous record of 657 EH/s set on May 26th.
Hey, Millennials — the generation that grew up with the internet and smartphones — do you ever feel like you’re the forgotten children of history? We were once told to work hard, study diligently, and the world would be ours. But reality seems to have a different script for us. From financial crises to high inflation, Millennials have experienced a series of “missing era dividends,” as if the world owes us a check that never gets cashed.
The Baptism of the Financial Crisis
The 2008 financial crisis was a major setback. Just as we were gearing up to make our mark, the economic wave crashed over us. The job market turned into a post-apocalyptic scene, with unemployment rates soaring and newly minted graduates taking any job they could find. Picture someone with a master’s degree working at a coffee shop — sounds inspiring, right? Actually, we’d prefer stable career paths over “starting from the bottom” motivational stories.
The Cutthroat Job Market
The job market is like a giant gladiatorial arena, where a high degree is the bare minimum. Our generation not only competes with peers but also with overqualified “gods” in the job market. Internships, gig work, and temp jobs have become the norm. Job stability? What’s that? Sometimes, it feels like we’re starring in a workplace version of “The Hunger Games.”
The Pandemic “Assist”
Remember the COVID-19 pandemic? That really added insult to injury. Remote work sounded like a dream at first, but we ended up as 24/7 on-call “work machines.” Those once-clear career plans were turned upside down. Mental health? In this “work frenzy,” anxiety and stress became our new normal. Plans and goals seemed to vanish overnight.
The Squeeze of High Inflation and Rising Interest Rates
Next, welcome to the era of high inflation and rising interest rates. House prices skyrocketed, leaving us staring at our dream homes from afar. The constant rise in student loans and living costs made it hard to breathe. Financial security became the top priority, and major life decisions? They had to wait. More and more Millennials are delaying buying homes and starting families, simply because their wallets can’t keep up.
Work hard to make money, but the wallet stays empty
In this environment, financial security became paramount. According to a global survey by payroll services company ADP, only 25% of Millennials (ages 24–34) prioritize enjoyment in their daily work when choosing a job, compared to 45% of Baby Boomers aged 55 and over. Instead, 56% of Millennials prioritize salary, a higher percentage than the 44% of younger employees aged 18–24. Millennials also value career development opportunities more than other age groups. We’ve turned into realists because dreams don’t pay the bills.
Despite working hard, many Millennials feel they’re not getting the returns they deserve. Job satisfaction surveys reveal that many Millennials are dissatisfied with their salaries, work environment, and career development opportunities. Stagnant wage growth and career bottlenecks make it difficult to find a sense of achievement and satisfaction at work. This not only affects personal career happiness but also has a negative impact on the economic vitality of society as a whole.
The Baptism of the Financial Crisis
The 2008 financial crisis was a major setback. Just as we were gearing up to make our mark, the economic wave crashed over us. The job market turned into a post-apocalyptic scene, with unemployment rates soaring and newly minted graduates taking any job they could find. Picture someone with a master’s degree working at a coffee shop — sounds inspiring, right? Actually, we’d prefer stable career paths over “starting from the bottom” motivational stories.
The Cutthroat Job Market
The job market is like a giant gladiatorial arena, where a high degree is the bare minimum. Our generation not only competes with peers but also with overqualified “gods” in the job market. Internships, gig work, and temp jobs have become the norm. Job stability? What’s that? Sometimes, it feels like we’re starring in a workplace version of “The Hunger Games.”
The Pandemic “Assist”
Remember the COVID-19 pandemic? That really added insult to injury. Remote work sounded like a dream at first, but we ended up as 24/7 on-call “work machines.” Those once-clear career plans were turned upside down. Mental health? In this “work frenzy,” anxiety and stress became our new normal. Plans and goals seemed to vanish overnight.
The Squeeze of High Inflation and Rising Interest Rates
Next, welcome to the era of high inflation and rising interest rates. House prices skyrocketed, leaving us staring at our dream homes from afar. The constant rise in student loans and living costs made it hard to breathe. Financial security became the top priority, and major life decisions? They had to wait. More and more Millennials are delaying buying homes and starting families, simply because their wallets can’t keep up.
Work hard to make money, but the wallet stays empty
In this environment, financial security became paramount. According to a global survey by payroll services company ADP, only 25% of Millennials (ages 24–34) prioritize enjoyment in their daily work when choosing a job, compared to 45% of Baby Boomers aged 55 and over. Instead, 56% of Millennials prioritize salary, a higher percentage than the 44% of younger employees aged 18–24. Millennials also value career development opportunities more than other age groups. We’ve turned into realists because dreams don’t pay the bills.
Despite working hard, many Millennials feel they’re not getting the returns they deserve. Job satisfaction surveys reveal that many Millennials are dissatisfied with their salaries, work environment, and career development opportunities. Stagnant wage growth and career bottlenecks make it difficult to find a sense of achievement and satisfaction at work. This not only affects personal career happiness but also has a negative impact on the economic vitality of society as a whole.
Players, the UM Global Talent Development Plan is underway with updated rules and Reward Plus!
Let’s take a look:
I. Manager
1. Achievement conditions:
In the GameFi, lead a team of 3 or more leaders.
2. Rank rewards:
①. A one-time reward of DRN worth $1333;
②. After the company's assessment, those whose comprehensive scores meet the requirements will receive a monthly DRN worth $533 and DRN reward of 2% of the team's new contribution value;
③.Monthly DRN bonus of 3% of the new contribution value of your team as a marketing subsidy.
④.If there is a manager of the same level in the team, they can enjoy a DRN reward of 10% of the manager’s new contribution;
⑤.If there is a high-level director in the team, they can enjoy a DRN reward of 5% of the director’s new contribution;
Note: The above rewards will be issued in the form of DRN (converted by 24h trading average price) to the UM Club account.
II. Director
1. Achievement conditions:
In the GameFi, lead a team with 3 or more managers.
2. Rank rewards:
①. A one-time reward of DRN worth $2666;
②. After the company's assessment, those who meet the comprehensive score requirements will receive a monthly DRN worth $1,066 and DRN reward of 1% of the team's new contribution value;
③.Monthly DRN bonus of 2% of the new contribution value of your team as a marketing subsidy.
④. If there is a director of the same level in the team, they can enjoy DRN reward of 10% of the director's new contribution;
Note: The above rewards will be issued in the form of DRN (converted by 24h trading average price) to the UM Club account.
Let’s take a look:
I. Manager
1. Achievement conditions:
In the GameFi, lead a team of 3 or more leaders.
2. Rank rewards:
①. A one-time reward of DRN worth $1333;
②. After the company's assessment, those whose comprehensive scores meet the requirements will receive a monthly DRN worth $533 and DRN reward of 2% of the team's new contribution value;
③.Monthly DRN bonus of 3% of the new contribution value of your team as a marketing subsidy.
④.If there is a manager of the same level in the team, they can enjoy a DRN reward of 10% of the manager’s new contribution;
⑤.If there is a high-level director in the team, they can enjoy a DRN reward of 5% of the director’s new contribution;
Note: The above rewards will be issued in the form of DRN (converted by 24h trading average price) to the UM Club account.
II. Director
1. Achievement conditions:
In the GameFi, lead a team with 3 or more managers.
2. Rank rewards:
①. A one-time reward of DRN worth $2666;
②. After the company's assessment, those who meet the comprehensive score requirements will receive a monthly DRN worth $1,066 and DRN reward of 1% of the team's new contribution value;
③.Monthly DRN bonus of 2% of the new contribution value of your team as a marketing subsidy.
④. If there is a director of the same level in the team, they can enjoy DRN reward of 10% of the director's new contribution;
Note: The above rewards will be issued in the form of DRN (converted by 24h trading average price) to the UM Club account.
In the 2020 U.S. presidential election, the campaigns of the two major candidates (incumbent President Trump and President Biden) cost billions of dollars. For example, Biden's campaign expenses exceeded $1 billion, and Trump's spending was close to the same amount.
It's not yet known how much will be spent on this year's presidential campaign, but Donald Trump raised $25 million at the 2024 Bitcoin conference, marking the second highest amount raised in his three presidential campaigns.
It's not yet known how much will be spent on this year's presidential campaign, but Donald Trump raised $25 million at the 2024 Bitcoin conference, marking the second highest amount raised in his three presidential campaigns.
“The new world belongs to the creators and pioneers.”
If you’re looking for a chance to demonstrate your skills, The 4th UTON HACK 2024 Global Digital Technology Hackathon is the event you can’t miss.
Event Theme
Next Generation Blockchain Technology and Applications
Event Objectives
UTON HACK 2024 aims to advance blockchain infrastructure development and explore innovative blockchain solutions in the Web3 domain. We invite technology engineers, blockchain enthusiasts, and entrepreneurs from around the world to collaborate and drive the future of blockchain technology.
Target Audience
Technology Engineers
Blockchain Enthusiasts
Entrepreneurs from around the globe
Participation Requirements
All projects must be developed based on the UTON blockchain. Whether you’re an experienced developer or a passionate beginner, if you have creativity and technical skills, you can join this exciting event.
Evaluation Criteria
Concept Innovation:
Novel design concepts, new business models, new demands, and new applications.
System Design:
System architecture aligns with software requirements, design is rational, and design documentation is prepared according to standards.
Functionality and Effectiveness:
Business functions are accurate and comprehensive, application prototype is complete, smart contracts comply with software engineering standards, meet high security and performance requirements, and demonstrate good market value.
User Experience:
Program runs stably and smoothly, interface layout is reasonable, human-computer interaction is convenient, and hardware/software resource allocation is appropriate.
Prize Money
First Prize: $5,000
Second Prize: $3,000
Third Prize: $1,000
Fourth to Sixth Place: $500 each
Seventh to Tenth Place: $300 each
Total prize money is $11,700! This is a great opportunity to showcase your talents and win substantial rewards!
If you’re interested in blockchain technology but lack a technical background, join our TG group to engage with experts!
Join TG Group
Only with the courage to act can we achieve the rewards of creation and unlock the possibilities of innovation.
If you’re looking for a chance to demonstrate your skills, The 4th UTON HACK 2024 Global Digital Technology Hackathon is the event you can’t miss.
Event Theme
Next Generation Blockchain Technology and Applications
Event Objectives
UTON HACK 2024 aims to advance blockchain infrastructure development and explore innovative blockchain solutions in the Web3 domain. We invite technology engineers, blockchain enthusiasts, and entrepreneurs from around the world to collaborate and drive the future of blockchain technology.
Target Audience
Technology Engineers
Blockchain Enthusiasts
Entrepreneurs from around the globe
Participation Requirements
All projects must be developed based on the UTON blockchain. Whether you’re an experienced developer or a passionate beginner, if you have creativity and technical skills, you can join this exciting event.
Evaluation Criteria
Concept Innovation:
Novel design concepts, new business models, new demands, and new applications.
System Design:
System architecture aligns with software requirements, design is rational, and design documentation is prepared according to standards.
Functionality and Effectiveness:
Business functions are accurate and comprehensive, application prototype is complete, smart contracts comply with software engineering standards, meet high security and performance requirements, and demonstrate good market value.
User Experience:
Program runs stably and smoothly, interface layout is reasonable, human-computer interaction is convenient, and hardware/software resource allocation is appropriate.
Prize Money
First Prize: $5,000
Second Prize: $3,000
Third Prize: $1,000
Fourth to Sixth Place: $500 each
Seventh to Tenth Place: $300 each
Total prize money is $11,700! This is a great opportunity to showcase your talents and win substantial rewards!
If you’re interested in blockchain technology but lack a technical background, join our TG group to engage with experts!
Join TG Group
Only with the courage to act can we achieve the rewards of creation and unlock the possibilities of innovation.
City Power surprise online! Build your dream city and earn DRN tokens!
Players, the City Power gamefi is now shockingly online!
In City Power, you are not only the planner of the city, but also the creator of wealth.
Farmland Planting, Build Mines, Build Processing Factory, Upgrade City Hall, you will witness the prosperity of your city.
The resources you produce can also earn you a generous amount of gold and DRN tokens.
Detailed gameplay：https://umcrypto.io/#/newsDetail?newsId=237&typeId=0
Come to Elf Garden, open your “City Power”, build your own city empire, play to earn with players from all over the world!
In City Power, you are not only the planner of the city, but also the creator of wealth.
Farmland Planting, Build Mines, Build Processing Factory, Upgrade City Hall, you will witness the prosperity of your city.
The resources you produce can also earn you a generous amount of gold and DRN tokens.
Detailed gameplay：https://umcrypto.io/#/newsDetail?newsId=237&typeId=0
Come to Elf Garden, open your “City Power”, build your own city empire, play to earn with players from all over the world!
Recent news indicates that Ethereum gas fees have plummeted to historic lows. According to Etherscan, the average mainnet gas fee has fallen to 4 Gwei, about $0.21, with some transactions costing as little as 3 Gwei, around $0.14. Additionally, Layer 2 solutions such as Optimism, Base, Arbitrum, and Linea are seeing transaction fees below $0.01.
I’ve clearly noticed that each year seems hotter than the last. In the summer, the temperature in my city approaches 40°C, and it has been a long time since I’ve seen snow here.
Interested in blockchain technology but lack a technical background? Join our TG group to engage with experts!
Join TG Group：https://t.me/utonhack2024
If you have technical skills, you can register for The 4th UTON HACK 2024 Global Digital Technology Hackathon via the following link:https://hackathon.globalknot.io/#/
Join TG Group：https://t.me/utonhack2024
If you have technical skills, you can register for The 4th UTON HACK 2024 Global Digital Technology Hackathon via the following link:https://hackathon.globalknot.io/#/
Re: Quickly sign up with your friends for the SHANHAI Alliance League Phase II!
The SHANHAI Alliance League Phase II came to a glorious end! Congratulations to the victorious warriors for winning the final prize!
With the intense competition and the collision of wisdom, the The SHANHAI Alliance League Phase II finally drew to a successful conclusion!
In this adventure of crossing SHANHAI and challenging the limits, countless warriors wrote their own chapters of legend with their fearlessness.
Congratulations to player “LnCelot” (UID: 581001) for winning the Global Championship.
Congratulations to player “千纯佳” (UID: 20683103) for winning the Runner-up.
Congratulations to player “Geet·Jones” (UID: 8401001) for winning the third place.
Congratulations to all the winning warriors, the prizes have been distributed through the SHANHAI gamefi mail, please pay attention to check receipt oh.
Although the SHANHAI Alliance League has come to an end, the journey of adventure never ends.
Thank you again for the enthusiastic participation and support of all the players who participated in this tournament, you made it even more exciting! Let's join hands and go to the next SHANHAI appointment!
With the intense competition and the collision of wisdom, the The SHANHAI Alliance League Phase II finally drew to a successful conclusion!
In this adventure of crossing SHANHAI and challenging the limits, countless warriors wrote their own chapters of legend with their fearlessness.
Congratulations to player “LnCelot” (UID: 581001) for winning the Global Championship.
Congratulations to player “千纯佳” (UID: 20683103) for winning the Runner-up.
Congratulations to player “Geet·Jones” (UID: 8401001) for winning the third place.
Congratulations to all the winning warriors, the prizes have been distributed through the SHANHAI gamefi mail, please pay attention to check receipt oh.
Although the SHANHAI Alliance League has come to an end, the journey of adventure never ends.
Thank you again for the enthusiastic participation and support of all the players who participated in this tournament, you made it even more exciting! Let's join hands and go to the next SHANHAI appointment!
With Bitcoin recently rebounding after months of fluctuations, surpassing the $67,000 mark, now is a great time to accumulate Satoshis (the smallest unit of Bitcoin, with 1 Bitcoin equaling 100 million Satoshis). Many “Play-to-Earn” games offer opportunities to earn Satoshis, making it easy for players to enter the world of cryptocurrency.
Bling Financial
If you enjoy Sudoku puzzles, Bling Financial’s Bitcoin Sudoku game is a great choice. This game is not only intellectually stimulating but also features longer puzzle-solving times with fewer intrusive ads. By playing this iOS and Android game, you can accumulate Satoshis and redeem them in your ZBD wallet.
SpaceY
SpaceY is an idle asteroid mining game for mobile and tablet devices. Simply tap asteroids to scan and mine them, upgrading your spaceship and technology over time. The innovation of SpaceY lies in its non-mandatory ad-watching system, where ads reward you with free bonuses or resource boosters. This system allows you to progress faster and earn Satoshis that can be redeemed in your ZBD wallet.
Elf Garden
In Elf Garden, players invest their elves into mining operations and receive returns that at least double annually. As the value of the $DRN token rises, returns increase exponentially. Additionally, you can form teams and invite friends to join, which significantly boosts mining efficiency and rewards. The game is ad-free, easy to play, and time-efficient.
SHANHAI
As a flagship game in the UTON ecosystem, SHANHAI offers diverse gameplay and rich storylines, integrated with a blockchain economic system. Players can earn $DRN and NFTs by completing tasks, participating in events, and engaging in battles. The game’s economic system is robust, turning every effort and investment into tangible rewards.
Zavod
Zavod is a virtual factory game where players complete tasks, upgrade tools, and level up to earn platform tokens $ZP. Developed by MarsDAO, Zavod is part of a web3 product ecosystem designed to help users achieve financial goals.
City Holder
City Holder is a “build-to-earn” Telegram mini-program game. Players can build their cities, compete with others, and earn $CITY tokens. Created by fintech entrepreneur, cryptocurrency enthusiast, and investor Slava Semenchuk, this game allows players to attract residents and grow their cities.
Bling Financial
If you enjoy Sudoku puzzles, Bling Financial’s Bitcoin Sudoku game is a great choice. This game is not only intellectually stimulating but also features longer puzzle-solving times with fewer intrusive ads. By playing this iOS and Android game, you can accumulate Satoshis and redeem them in your ZBD wallet.
SpaceY
SpaceY is an idle asteroid mining game for mobile and tablet devices. Simply tap asteroids to scan and mine them, upgrading your spaceship and technology over time. The innovation of SpaceY lies in its non-mandatory ad-watching system, where ads reward you with free bonuses or resource boosters. This system allows you to progress faster and earn Satoshis that can be redeemed in your ZBD wallet.
Elf Garden
In Elf Garden, players invest their elves into mining operations and receive returns that at least double annually. As the value of the $DRN token rises, returns increase exponentially. Additionally, you can form teams and invite friends to join, which significantly boosts mining efficiency and rewards. The game is ad-free, easy to play, and time-efficient.
SHANHAI
As a flagship game in the UTON ecosystem, SHANHAI offers diverse gameplay and rich storylines, integrated with a blockchain economic system. Players can earn $DRN and NFTs by completing tasks, participating in events, and engaging in battles. The game’s economic system is robust, turning every effort and investment into tangible rewards.
Zavod
Zavod is a virtual factory game where players complete tasks, upgrade tools, and level up to earn platform tokens $ZP. Developed by MarsDAO, Zavod is part of a web3 product ecosystem designed to help users achieve financial goals.
City Holder
City Holder is a “build-to-earn” Telegram mini-program game. Players can build their cities, compete with others, and earn $CITY tokens. Created by fintech entrepreneur, cryptocurrency enthusiast, and investor Slava Semenchuk, this game allows players to attract residents and grow their cities.
Are you going to watch the opening ceremony of the Paris Olympics tonight?
By the way, which Olympic opening ceremony do you prefer? Personally, the 2008 Beijing Olympics left a lasting impression on me. Which one do you think was the best?
After nearly breaching all-time highs in 2024 Q1, the total crypto market cap dropped -14.4% in Q2, closing at $2.43 trillion in June.
2024 Q2 saw Bitcoin's fourth halving, but the market response was muted. After Q1's exuberance from US spot Bitcoin ETFs, Q2 was choppy for Bitcoin and the crypto market overall.
But it was still an eventful quarter.
Market Cap: Fell -14.4%, ending Q2 at $2.43 trillion, while the S&P 500 rose +3.9%.
Bitcoin: Fell -11.9%, ending at $62,734. Trading volume declined -21.6%.
Mining Hash Rate: Dropped -18.8% after reaching an ATH in April.
Meme Coins: Dominated, with meme coins, RWA, and AI capturing 35.7% market share.
Ethereum: Turned inflationary, adding 120K ETH to the supply.
CEX Trading Volume: Dropped -12.2% to $3.40T, with Binance leading.
DEX Trading Volume: Increased +15.7% to $370.7B, driven by meme coins and airdrops.
Despite the market's recent downturn, the high volatility and significant events indicate several potential future trends:
Continued Volatility: The cryptocurrency market is likely to remain volatile due to inherent market dynamics and macroeconomic uncertainties.
Bitcoin Stability: Bitcoin's price may continue to consolidate within its current range until new significant events or market drivers emerge.
Mining Industry Developments: The mining sector, despite recent hash rate declines, may recover due to technological advancements and substantial investments from companies like Tether.
Ethereum Supply Impact: Ethereum's inflationary trend could put downward pressure on its price, making network activity and burn rates crucial factors to watch.
Rise of DeFi and Meme Coins: Decentralized finance (DeFi) and meme coins are likely to keep attracting investor attention, driving growth in decentralized exchange (DEX) trading volumes.
2024 Q2 saw Bitcoin's fourth halving, but the market response was muted. After Q1's exuberance from US spot Bitcoin ETFs, Q2 was choppy for Bitcoin and the crypto market overall.
But it was still an eventful quarter.
Market Cap: Fell -14.4%, ending Q2 at $2.43 trillion, while the S&P 500 rose +3.9%.
Bitcoin: Fell -11.9%, ending at $62,734. Trading volume declined -21.6%.
Mining Hash Rate: Dropped -18.8% after reaching an ATH in April.
Meme Coins: Dominated, with meme coins, RWA, and AI capturing 35.7% market share.
Ethereum: Turned inflationary, adding 120K ETH to the supply.
CEX Trading Volume: Dropped -12.2% to $3.40T, with Binance leading.
DEX Trading Volume: Increased +15.7% to $370.7B, driven by meme coins and airdrops.
Despite the market's recent downturn, the high volatility and significant events indicate several potential future trends:
Continued Volatility: The cryptocurrency market is likely to remain volatile due to inherent market dynamics and macroeconomic uncertainties.
Bitcoin Stability: Bitcoin's price may continue to consolidate within its current range until new significant events or market drivers emerge.
Mining Industry Developments: The mining sector, despite recent hash rate declines, may recover due to technological advancements and substantial investments from companies like Tether.
Ethereum Supply Impact: Ethereum's inflationary trend could put downward pressure on its price, making network activity and burn rates crucial factors to watch.
Rise of DeFi and Meme Coins: Decentralized finance (DeFi) and meme coins are likely to keep attracting investor attention, driving growth in decentralized exchange (DEX) trading volumes.
Re: Quickly sign up with your friends for the SHANHAI Alliance League Phase II!
SHANHAI Alliance League Phase Ⅱ: Knockout round Ignites, top players duel in glory!
After fierce competition in the SHANHAI Alliance League Phase Ⅱ “Open Qualifying”, the following players stood out and successfully advanced to the more intense knockout round!
Please jump to the list of knockout stage qualifiers：https://umcrypto.io/#/newsDetail?newsId=235&typeId=11
From July 25th to July 27th, from 19:00:00-21:00:00 (UTC +
every night, the knockout round will sound on time.
This was a direct collision between the strong and the strong before, and every duel would be the ultimate display of strength.
Through the cruel baptism of the knockout rounds, we will welcome the top 6 players with points to advance to the global finals!
Who can climb to the top? Who will become a legend? And who will win the ultimate prize?
Let's wait and see!
After fierce competition in the SHANHAI Alliance League Phase Ⅱ “Open Qualifying”, the following players stood out and successfully advanced to the more intense knockout round!
Please jump to the list of knockout stage qualifiers：https://umcrypto.io/#/newsDetail?newsId=235&typeId=11
From July 25th to July 27th, from 19:00:00-21:00:00 (UTC +
every night, the knockout round will sound on time.This was a direct collision between the strong and the strong before, and every duel would be the ultimate display of strength.
Through the cruel baptism of the knockout rounds, we will welcome the top 6 players with points to advance to the global finals!
Who can climb to the top? Who will become a legend? And who will win the ultimate prize?
Let's wait and see!