Posts tagged with "cryptocurrency"

Prada third nft drop via 360 MAGAZINE

PRADA DROPS THIRD NFT

PRADA DROPS THIRD EXCLUSIVE TIMECAPSULE NFT COLLECTION

  • On August 4, 2022, Prada will reveal the third in its series of limited-edition Timecapsule Collection drops with a corresponding gifted NFT
  • This drop will offer Timecapsule NFT holders in the ‘Prada Crypted’ Discord community access to unique events and experiences, such as a full Prada journey in Milan with an exclusive invitation to the brand’s fashion show in September. 
  • Following the theme of previous months, August’s Timecapsule shirt is made using upcycled fabrics from Prada’s extensive archive of luxury textiles

Prada announces the release of its third Timecapsule NFT Collection. On August 04, there will be an exclusive drop of gender-neutral physical products, each accompanied by a gifted NFT. This fifty-piece drop follows two successful Timecapsule NFT drops: June, in collaboration with artist Cassius Hirst and July, both immediate sell-outs.  

The Timecapsule NFT Collection underscores Prada’s commitment to circularity by creating new and unique garments using existing textiles from their archive, while Timecapsule NFTs also allow Prada to explore new ways to engage customers in the digital realm.

Prada Timecapsule NFT holders will also gain access to unique events and experiences. This includes a full Prada journey in Milan with an exclusive invitation to the brand’s fashion show in September. More details will be shared on the Prada Crypted Community on Discord. 

The third NFT drop is the #32 shirt in the Timecapsule collection. Constructed from black poplin, the shirt is embellished with a selection of exclusive Prada fabrics, including a Frankenstein-inspired print created by artist Jeanne Detallante. It also features a flower-motif silk lurex brocade, a fabric sourced from a 1950s archive, and a silk lampas from a 1920s archive textile. The shirt is also decorated with a Lattice Badge featuring a graphic created by OMA studio.

The Timecapsule is a monthly online event. For 24 hours, on the first Thursday of every month, Timecapsule Collection products are made available on prada.com in very limited quantities in selected markets. 

Each limited-edition Timecapsule item has its own unique serial number and is prepared for delivery with custom packaging. As such, Prada maintains harmony between the exclusivity of the Prada Timecapsule and the scarcity of the corresponding NFTs.

Each NFT includes the drop serial number and the serial number for its accompanying physical item, so there is a direct relationship between the physical and virtual products. NFT owners are eligible to participate in exclusive benefits and experiences, as well as gain priority access to future drops. 

Prada Timecapsule NFTs are issued on Ethereum infrastructure, offering a secure and user-friendly experience. The Aura Blockchain Consortium provides the underlying NFT solutions and technology. 

DETAILS: 

  • The Prada Timecapsule drop is open to customers in Australia, Austria, Belgium, Brazil, Canada, China Mainland, Denmark, Finland, France, Germany, Greece, Hong Kong S.A.R., Ireland, Italy, Japan, Kuwait, Luxemburg, Monaco, Netherlands, New Zealand, Norway, Portugal, Republic of Korea, Singapore, Spain, Sweden, Switzerland, Taiwan (China), Turkey, United Arab Emirates, United Kingdom, United States for 24 hours only, starting from August 04, 2022 at 3pm CEST. 
  • Each drop is limited to 50 items. 

Prada NFT announced via 360 MAGAZINE
Prada third nft drop via 360 MAGAZINE

About Prada 

Since 1913, Prada has been synonymous with cutting-edge style. Its intellectual universe combines concept, structure and image through codes that go beyond trends. Its fashion transcends products, translating conceptuality into a universe that has become a benchmark to those who dare to challenge conventions focusing on experimentation. The Prada brand is part of Prada Group, a global leader in the luxury goods industry, which owns the Miu Miu, Church’s and Car Shoe brands as well, and produces and distributes luxury leather goods, footwear and apparel. It also operates in the food sector with Marchesi 1824, and in the eyewear and fragrance industries under licensing agreements.

www.prada.com

Prada NFT via 360 MAGAZINE

PRADA NFT TWO

PRADA DROPS SECOND TIMECAPSULE NFT AFTER SELLOUT DEBUT

● Released on July 7 2022, Prada will unveil its latest monthly Timecapsule Collection drop, accompanied with a gifted NFT

● July’s Timecapsule item is made from upcycled fabrics from the Prada archives

Prada announces the release of its second Timecapsule NFT Collection, which is linked to both a gender-neutral physical product and a gifted NFT. This NFT drop follows the launch of the first Timecapsule NFT Collection on June 2nd in collaboration with artist Cassius Hirst. The Timecapsule NFT Collection debut resulted in an immediate sell-out of the collection. The launch also coincided with the creation of the “Prada Crypted” server on Discord which gained a large following solidifying the brands commitment to building an inclusive Web3 community, but this is just the beginning of the journey. A key design element of this latest Timecapsule shirt is that the garment is made from upcycled fabrics from the Prada archives. By turning iconic printed textiles into a unique design, these materials are given a new life, perfectly in line with the Brand’s sustainability strategy and approach to circular thinking.

This shirt, which is #31 drop in the Timecapsule Collection, is emblazoned with the calendar month of “July”. It features a black color pipeline matched with the Holliday & Brown tulip print on a cotton poplin base. It also features a ‘Jacquard Animalier’ silk brocade and lurex fabric; as well as Jacquard Thrush (flower), a silk fabric produced from an early 20th century French archive. The final details of the design include a ‘Poplin Loto’ printed fabric with deco inspiration. The Timecapsule is a monthly online event: for 24 hours, on the first Thursday of every month, an exclusive item is made available on prada.com in very limited quantities, in selected markets.

Each limited-edition Timecapsule item is associated with a unique serial number and is delivered with custom packaging. By purchasing the Timecapsule, customers will be able to redeem the related NFT which will be available, in a second phase, also for those who bought the Timecapsule dating back to the first launch in December 2019. As such, there is a synergy between the Prada Timecapsule and the scarcity and desirability of NFTs.

The NFT includes the drop serial number and the numbering of each physical item in order to have an exact correspondence. NFT owners are then offered exclusive benefits and experiences as well as access to future drops.

Prada Timecapsule NFTs are issued on the Ethereum blockchain, offering a secure and user-friendly experience.

The drop is facilitated by leveraging the Aura Blockchain Consortium’s NFT Solution and technology.

DETAILS:

● The Prada Timecapsule drop is open to customers in Australia, Austria, Belgium, Brazil, Canada, China Mainland, Denmark, Finland, France, Germany, Greece, Hong Kong S.A.R., Ireland, Italy, Japan, Luxemburg, Monaco, Netherlands, New Zealand, Norway, Portugal, Republic of Korea, Singapore, Spain, Sweden, Switzerland, Taiwan (China), Turkey, United Arab Emirates, United Kingdom, United States for 24 hours only, starting from July 7, 2022 at 3pm CEST.

● Each drop is limited to 50 items.

www.prada.com/prada-crypted

www.discord.gg/prada

About Prada

Since 1913, Prada has been synonymous with cutting-edge style. Its intellectual universe combines concept, structure and image through codes that go beyond trends. Its fashion transcends products, translating conceptuality into a universe that has become a benchmark to those who dare to challenge conventions focusing on experimentation.

The Prada brand is part of Prada Group, a global leader in the luxury goods industry, which owns the Miu Miu, Church’s and Car Shoe brands as well, and produces and distributes luxury leather goods, footwear and apparel. It also operates in the food sector with Marchesi 1824, and in the eyewear and fragrance industries under licensing agreements. www.prada.com

Marc Seal for use by 360 Magazine

Marc Seal

Listen to Marc Seal on the 360 MAG Podcast HERE.

Marc Seal is a successful entrepreneur and seasoned technologist focused on applying blockchain and NFT technologies to the digital sports and entertainment spaces. He leads innovative teams to create world-class products with partners like Disney, Marvel, Fox, Lucasfilm, Toho, MLB, and more.

He is currently the co-founder/CEO of Sortium Blockchain Studio and a pioneer of the Play 2 ecosystem. They focus on futuristic concepts and progressive core loops, as well as emphasizing on application of blockchain technologies and non-fungible tokens to entertainment spaces and digital games. His professional goal is to create an immersive digital experience that engages and entertains fans around the world.

On the other hand, Marc Seal is founder of CryptoGene, the first play-to-win web3 game where players genetically modify creatures called “Kymera” as the world’s first 3D living NFTs with DNA on-chain. By staking and caring for Kymera, players can earn tokenized resources to sell on the market, upgrade creatures, or create new ones. As Marc points out, “These are genetically engineered fantasy creatures that appear in Shane’s DNA through using real sharp DNA that we’ve unleashed via artificial intelligence and simulation using to advance Olympic learning systems.”

The main goal is “providing high-fidelity technology and advancements and artificial intelligence simulation game engine technology or 3D engine technology,” as Marc states. Without a doubt, Marc is clear that this type of games between the simulation and the real world “will alleviate the friction between user participation and the transition between various ecosystems.”

Marc is clear that this type of game must have the quality of AAA and web 3 technology since these “really innovate, specifically the number of verse or image publications, and provide player-specific experiences.”

The most important thing is that everything is built around a high-fidelity gaming experience that’s “fun and it’s not just about how do we open something’s eyes but how do we provide value to a player in the economy to have a fun experience that’s scalable and fun,” Adds Marc.

One of the main things that Marc considers is the importance to remember that not even 1% of the population knows what crypto modes are or even the interaction that can be had with the use of NFC. Marc and his team are certain in knowing that the volume is there to learn about regarding this new technological and digital world.

While gaining more knowledge of the system, users may want to take the license to have the responsibility of managing individual accounts well. Next, you will have the ability to do so, as this is a part of the platform created by Marc and his team whose ultimate goal is, “wanting to reduce friction, but give users the freedom to evolve towards decentralized ownership over time,” adds Marc.

CryptoGene

CryptoGene is constantly developing and improving services for current and future investors. Marc adds that his profession comes from this ‘platform’, an economy and game development, AAA development that works with a type of important game design or experience design, so they work on taking principles that generate a profitable and scalable game. Today, they have concentrated on building an ecosystem infrastructure to launch with crypto Gene, “that allows players to log in and then be able to spend money the way any player would log into a game and spend money today.”

To live this experience of the virtual world, cryptocurrencies, and new technologies, you can do so by entering the Discord HERE and participating.

Article by: Andrea Esteban, McKinley Franklin x Vaughn Lowery

Cryptocurrency illustration by Heather Skovlund for use by 360 Magazine

Tips in getting successful in the cryptocurrency industry

How to be a no-hit Cryptocurrency Investor?

Following the frenzied demand for cryptocurrencies this year, the globe has become divided into two camps. On one hand, there area unit people who area unit still skeptical concerning the long run of cryptocurrencies, whereas on the opposite aspect of the spectrum, there area unit people who area unit still optimistic that the worth of the digital currencies can still rise. For people who area unit unaccustomed the crypto world, there area unit many things that they have to grasp before they get into the globe of cryptocurrency. Here area unit some things for you to grasp to urge started.

Cryptocurrency capitalist may be a new venture within the market. Not heaps of individuals understand heaps concerning it. It’s a replacement business that’s apace increasing. Cryptocurrency may be a digital currency that’s encrypted and might be transferred from one location to a different over the net. It uses cryptography for security, creating it terribly tough to counterfeit. during this diary I’ll make a case for however you’ll become a no-hit cryptocurrency capitalist.

bitindexai.top aims to facilitate all the traders with a premium experience so that they get to learn and earn simultaneously. Moreover, this platform helps the traders to embark on a journey of generating a significant amount of money down the line by making the right choices. This calls for a profound study of the market which can only be done once you begin to observe the changes that unfold all around you. Such is the kind of change that has been ushered in by the crypto exchange platforms like Binance as this blog will talk about. 

Investment in Cryptocurrency Still Felt just like the western United States

As the cryptocurrency market continues to grow, it’ll become additional and additional necessary to create educated selections on that cryptocurrencies to take a position in and which of them to avoid. the primary question you wish to raise yourself is: what does one wish to attain by investment in cryptocurrency? Is it to get a passive financial gain from well-mined coins? does one wish to be an area of a project that you simply really believe in? does one wish to be an area of a project that may amendment the world? does one wish to be rich? If you would like to get a passive financial gain from well-mined coins, then the most effective plan is to take a position in a very proof-of-work coin, like Bitcoin. it’s the oldest and most secure cryptocurrency. If you would like to be an area of a project that may amendment the globe, then you wish to raise yourself a couple of additional queries. For example: what’s the project about? What drawback will it solve? is that the project already working? will it have a powerful team? will it have a good community? Is it a semipermanent project or a short-run project? If you would like to be made, then you wish to take a position in a very project that’s new which isn’t as well-known because the coins with the best market caps. this can be as a result of it’s easier to grow a smaller coin.

The marketplace for cryptocurrency remains in its early stages, however there area unit heaps of individuals that have gotten into investment in cryptocurrency. once folks that obtain cryptocurrency lie with for the primary time, they typically lie with the hopes of creating heaps of cash. However, there area unit heaps of individuals that lose cash once they invest in cryptocurrency. this can be actually because they didn’t do their analysis before they bought the cryptocurrency. after you begin investment in cryptocurrency, it’s an honest plan to find out the maximum amount as you’ll concerning the method before you create one investment.

This year has seen heaps of changes within the cryptocurrency world. It’s still quite risky to take a position in cryptocurrency, however here area unit some tips to assist you achieve success at it.

1.Start out by investment solely what you’re willing to lose. There area unit heaps of individuals UN agency have lost heaps of cash during this market. you ought to solely invest the quantity of cash that you simply area unit willing to lose. It’s continually a nasty plan to take a position extra money than you’ll afford to lose.

2. Decide if you’re willing to carry your coins for a protracted time. most of the people don’t comprehend it, however you’ll typically build heaps of cash by merely shopping for and holding the coin.

3. decide why you would like to take a position in cryptocurrency. There area unit some folks that wish to take a position in cryptocurrency as some way to create cash. These folks area unit typically remarked as “traders.” On the opposite hand, there area unit folks that endowed as a result of they believe the technology and need to be an area of it.

4. Don’t invest extra money than you’ll afford to lose. It’s not worthwhile.

5. Don’t invest extra money than you wish. If you merely would like $1,000 and you invest $5,000, you would possibly lose everything. It’s not worthwhile.

cryptocurrency illustration for 360 MAGAZINE

TOP CRYPTOCURRENCY APPS FOR BEGINNERS

There are many ways to define the best cryptocurrency apps for beginners, but you should be aware that the final choice is only yours. One of the most excellent apps is those that allow easy trading, simple usage, and safety when trading with currencies. However, for beginners it is not easy to estimate the simplicity of the use and precisely say if the app is good for them. Therefore, you should consider a few important conditions when evaluating the best cryptocurrency apps for beginners.

Which to consider when choosing the best cryptocurrency apps for beginners

If you are a beginner in cryptocurrency, you will surely need to learn a little about the platforms where you can trade with them. Before that you should learn all about blockchain and a crypto. There are places where you can learn to create a profile, place a deposit, and deal with a currency that you have chosen. However, there is a lot of other conditions that you should consider when defining the best place for you.

Customer service

Experienced users could easily trade on different platforms and can choose the best model for them. For beginners, though, it is not easy to decide whether the platform is simple or not. However, being a beginner in any job is difficult because you need support from time to time. A good support system on the cryptocurrency platform is one of the most important features. The best are those with 24/7 model, with FAQ and fast response directly on the chat.

Security

If you are a beginner, you are not sure if the platform is safe enough for first-time traders. There are scams on the internet so that you can face those troubles. The best way is to see the number of offline assets in cold storage, have private insurance or a bounty program, and how ethical hackers can report any weaknesses. 

Location

Although apps work worldwide, it is not easy to trade on apps, not in your country. Some apps do not allow using in another country or have limited access to the countries on other continents. To avoid those problems, choose apps that are allowed in your country and controlled by your government. 

Number of currencies

Although you will not trade with many currencies at the beginning, and you will surely choose the most popular ones, it is good to trade on platforms that offer a wide range of currencies. It shows that the platform is trustworthy and provides security to a long list of users and traders. Many platforms offer more than 4,000 cryptocurrencies, and the number promises success.

Fees

It is not enough to choose a platform that is safe and simple; you will need to trade on a platform that is not expensive, though. Beginners need to choose a platform that is not expensive for the first exchanges. Thus, some platforms have different prices for different paying methods, so you will pay higher amounts for a bank account or check the withdrawal and deposit options.

Ease of use

Regardless if you are a beginner or a skilled and experienced trader in the cryptocurrency field, you will use a friendly-used and simple platform. They will make a platform that a wide range of users can easily use, so trading becomes fast and safe. It is good to read an expanded list of the 10 highest-rated cryptocurrency apps and a shortened version of the list that includes apps with the most straightforward interface. If the platform is too complicated, it could be a red flag because it shows that they do not want to trade with you correctly. 

Best cryptocurrency apps for beginners

Creating a list of the best cryptocurrency apps should include many factors, but most depend on the popularity and ease of usage. However, some apps have already shown that they are the best on the internet, and you can be sure that they will help you in cryptocurrency trading. After you read all the recommendations, you should choose the most applicable model for you and divine into the world of cryptocurrency.

Which apps to choose for beginners

Among the apps that we have listed are those that are highly popular among experienced traders, too. However, each has great advantages that beginners will find the most applying for them. The final verdict is yours, so choose the apps you can easily work on. 

eToro

My Freedom Coin

Bitstamp

Crypto.com

Coinbase

eToro

It is hard to list the best cryptocurrency apps for beginners without naming eToro as one of them. Since numerous government agencies heavily control the platform, you can be sure it is safe enough for beginners. The platform fulfills all demands that average traders can have. It has a very friendly-used model on the site, with over 50 cryptocurrencies on offer and a great supporting system. The market also offers purchases on the click, with very low fees. On this site, you can buy a long list of currencies, starting from the most popular, like Ethereum and Bitcoin, to the new altcoins. You only need a deposit of $10, and the platform will charge you 0.75% for each transaction. You can use a bank account, cards, and online paying methods.

My Freedom Coin

It may be best for beginners to choose a simple platform that unites all important features in one. It is an e-wallet, trading app, and bank, so beginners can easily find whenever they need for easy trade. One of the best features is very simple apps that can be used on any phone and computer. The platform has a special invite-only model of trading, but you can become a member using a QR code that you can find on the platforms and sites. A platform is a great place for beginners for one more reason. Thanks to the special method of protecting the price, it prevents volatile pricing swings and drops in price that could happen unexpectedly. However, the platform has a little higher fee of $50 monthly access.

Bitstamp

Bitstamp could be among the greatest offers for beginners, mostly because of the low fees. New users will pay for each cryptocurrency only 0.5%, while fees could reduce to 0.25% for trading with more than $10,000 trading volume per month. The platform offers more than 50 different cryptos and all popular options between them. Although a young platform established in 2011, it has been a place for the highest investments since then. You only need to trade on this network to place a deposit of only $10, and the platform is available on iOS and Android. As the cherry on the top, the apps have different analytical tools and extremely safe biometrical authentication. 

Crypto.com

There are many reasons why Crypto.com is one of the best cryptocurrency apps for beginners 2022. First, the platform has the simplest method of using a debit card for trading, which allows buying and selling crypto. After you download the app, you will have access to even 250 assets and instantly can buy any of them with only a credit card. The platform supports Visa and MasterCard, with a fee of 2.9%. The only inconvenience for beginners is that they will ask to take a photo of your government-issued ID, but it presumes security for each member. When you place a buy order, you will pay 0.40% and only $4 for every $1,000 traded. With higher investments, you can expect even lower fees. You should get information about investing in crypto on different places. This platform could trade even those with no trading experience since the interface is very simple and user-friendly.

Coinbase

There are many reasons why we consider Coinbase as one of the best cryptocurrency apps for beginners 2022. First, the platform has a very intuitive and user-friendly interface, so even those who are for the first time on the app can learn to use it with the step-by-step guide. The first time you download the app, you will be asked to register an account, and after you complete the process, you will need to take your photo and choose a payment method. They will offer you to choose a payment method, and the process of trading could start. The only thing that could be a problem for a beginner is a little higher transaction fee of 3.99%, but do not forget that the platform has a very safe and simple interface, with options of using a card or Paypal for trading. However, you can reduce fees to 1.49% under special conditions. 

Conclusion

Choosing the best platform for trading with cryptocurrencies is difficult even for experienced and skilled traders. However, there are a few important things that you should consider when preparing for your first cryptocurrency trading; along with the fees that the platform charges, there are other conditions, like safety and simplicity of usage. Whatever you choose, remember that each platform has special demands, while each has good and bad sides. When starting with the trading, it is on you to choose the features that are good enough for you. Only after researching and learning about these features can you say which are the best cryptocurrency apps for beginners 2022.

Lucky Lenox NFT is named after Vaughn Lowery’s son Lenox Haffoney and is available on OpenSea via 360 MAGAZINE

NFT Animal Series

360 MAGAZINE launches Animal Series on OpenSea. These are non-tangible one-of-a-kind pieces. Each animal is an adorable creature with a cute face. They’re available in GIF format. Be sure to cop one before it’s too late!

This NFT drop was created alongside graphic artist Mel Quagrainie while under the design direction of culture curator Vaughn Lowery. 360 is a progressive thinking organization, adjusting to new world order. It will be your first opportunity to directly attain NFTs from the multimedia platform.

‘Inspired by my 12yro son’s gaming persona. From the cat’s complexion to his mischievous smirk. I’m sure version 2.0 will include corrective lenses since Lenox rarely blinks during his long online competitions of Roblox and Fortnite.’Vaughn Lowery

About Lucky Lenox

Nimble, intelligent, but modest, Lucky Lenox was a legacy, a descendant of humanity and hope. The capacity to meticulously mold this domesticated devil into a work of abstraction demanded patience and tenacity. After being nostalgic, we recalled the tutelage of an orange-banded cat, Lucky. That tiger baby turned into our best friend, witnessing a darker side that crawled in to play video games for hours, avoiding chores. Then a protege came along and marveled at the mirror. Improved, re-programmed on a path of endless possibilities which became an uninterrupted portal to affection.

Care to dabble with debonair? Adopt while providing support to a local shelter of your choice.

360’s inaugural project, Merging Versus, can be found HERE.

Vaughn guest speaks at NFT-VIP.

Picture of Mikee Trompeta via Mikee for use by 360 Magazine

MIKEE TROMPETA

Listen to Mikee chat w/ Vaughn on 360 MAG Spotify/Apple podcast HERE.

After 20 years as a software architect and developer, Mikee Trompeta began his Web3 journey by building a cryptocurrency exchange.

Although the entire crypto market crashed, leaving most investors and blockchain enthusiasts uncertain of Web3’s future, the price of Bitcoin and Ethereum exploaded. Large corporate entities together with the general public began to take notice. 

Months later, NFT pioneer Gary Vaynerchuk set the standard for NFT projects when he launched VeeFriends. Soon after, Mikee liquidated all of his cryptocurrencies and wagered everything on VeeFriends. It was one of his best decisions to date.

Today, JDM Labs is dedicated to launching revolutionary NFTs and Web3 DAPPs.

Nft vip in nyc via 360 MAGAZINE

Reasons For the Volatility of the Crypto Market

Cryptocurrency is a rapidly-growing market. This is not breaking news. You probably know both sides of the coin (so to speak): crypto has made kings —and paupers. But those wins and losses don’t necessarily come from winners picking good coins and losers picking bad ones. 

It is possible to talk to two people who have both invested in Dogecoin, but one lost money and the other gained a profit. Whether you gain or lose can depend largely on timing. This is because cryptocurrency is an incredibly topsy-turvy investment. All cryptocurrencies experience huge fluctuations in their valuation—a concept known on Wall Street as volatility. 

In one day, Bitcoin’s value dropped 30%. But, why? This question brings up something that we often forget with cryptocurrency: it isn’t intrinsically valuable. There isn’t gold or diamonds or anything backing up crypto’s value. At no point did the U.S. Treasury say, “Yes, any time someone wants to bring us Bitcoin, we will give them X number of dollar bills from our reserves.” Not all die-hard crypto fans would agree, but there is an argument that crypto’s value really only comes from how much people are willing to trade for it—in goods, other cryptocurrencies, or in dollars.

The the360mag website gives more information on the importance of blockchain to the cryptocurrency in ensuring it protects the volatility of crypto assets. The primary reason for volatility in cryptos is their newness. All new concepts take time to settle and be accepted.

The asset class, the market as well as investors/speculators are still finding their feet and so it is still the initial stages of price discovery. Cryptos have gained global prominence (or notoriety) in the last few years. But as an asset class, it’s not as accepted as traditional assets such as stocks or gold. 

Growing acceptance and maturity of the market go hand in hand. That is why when Tesla indicated that cryptocurrencies will not be accepted as a mode of payment, the value of Bitcoin crashed. Business Standard reported that when Tesla boss Elon Musk wrote ‘Doge’ on his Twitter post, the value of Dogecoin increased. Such influencing events or personalities are adding to the volatility, just the way when some star investor buys a particular company’s shares.

Given the lack of understanding and rules, trading is at present, highly speculative. Investors bet on the prices going up or down, and these speculative bets cause a sudden influx or outgo, leading to high volatility. We have discussed the reasons for the volatility below.

Lack Of A Controlling Agency

Unlike other asset classes that have some sort of governing or controlling agencies, cryptocurrencies are by their very nature not controlled by any entity. 

Forkast reported that the Tourism Authority of Thailand (TAT) has sought to entice the crypto-wealthy to the country’s shores. TAT is working with regulators and Bitkub, the country’s largest crypto exchange, to enable tourists to pay with cryptocurrencies and position the country as a “crypto-positive society”. 

The iGaming sector is also growing rapidly, with several crypto-friendly sportsbooks and casinos provided by Asiabet. The recommended sites also offer other traditional means of payment. Players can also enjoy welcome bonuses, a large variety of events with impressive odds, and FAQs such as details on deposits and withdrawals.

The Sentiment Factor

When cryptos get more popular and accepted, more investors will understand the factors that influence their movement. Till then, a lot of the movement is speculative in nature as investors are buying or selling based on sentiment.

Even those who are looking at cryptos for the long term are doing so as they believe that the asset class will gain acceptance. Tesla’s Musk, for instance, explained that he owned Dogecoin because many of the employees own Dogecoin.

“Many young investors are putting money in cryptos. Their aim is to invest and earn quickly. So when they lose a big amount, they usually quit the market, leading to volatility in the market,” says Ajeet Khurana, a crypto project advisor, and investor.

One such young investor is Delhi-based student Shivam Tiwari, 21, who has been investing in cryptos regularly since 2016. “My maximum loss so far has been Rs 89,000 and profit has been one-fourth of that. But we have to keep in mind that the volatile nature (of cryptos) makes it different from other forms of investments,” says Tiwari.

360 MAGAZINE Swarovski encrusted bottle designed by Vaughn Lowery for NFT-VIP and minted on Solana

NFT-VIP

NFT-VIP is hosting its inaugural conference in the tech space to network their businesses, advance knowledge and engage intimately. In the recent past, similar NFT meetups have been held in multiple cities across America: Miami, New York City and Los Angeles. This year, NFT-VIP will be holding its series at Margaritaville Resort Time Square, June 19 – 22. 360 MAGAZINE serves as the official media sponsor of the episode.

As a rapidly growing digital industry, NFT-VIP has become a popular way for people to trade outside the conventional financial system. It continues to stimulate the development of a virtual economy based on digital strengths in various forms: music, art and fashion.

“The idea of using cryptocurrencies is not only a form of currency. Along with a deliverable channel, knowing that entities could be built on them and using them is mind-blowing,” states Julie Lamb, CEO of NFT-VIP. This is the first major 360 MAG Podcast promotion that will serve as the official launch. Interviewee Jefferson Noel is scheduled to speak on the NFT-VIP agenda. Other notable guests: Andrew Yang, Young Paris, Alex Alpert, Vaughn Lowery, Chris Carter, Genesis Johnson, postVerrone, Fanzo, Sal DiGuardia and FoodMasku.

Helen Indelicato, Julie Lamb, Sal Di Guardia, Vaughn Lowery are speakers at the NFT-VIP conference in nyc via 360 Magazine
Helen Indelicato, Julie Lamb, Sal Di Guardia, Vaughn Lowery will be on the NFT-VIP stage via ‘press panel’ Sun., June 19 at 2:30pm EST (click image for full agenda).

The NFT-VIP festival was fabricated with the unique digital identifier enthusiast in mind, providing a golden opportunity to intensify transmissions and interrelations. The number of leading brands and celebrities involved in this field is increasing exponentially with the world’s first and largest crypto collectibles market—OpenSea. With that, 360 MAGAZINE has minted and released a loveable Animal set.

360 MAGAZINE Animal Series NFT character, Lucky Lenox, coming soon under the direction of Vaughn Lowery
(Minting Lucky Lenox on OpenSea)

As a media partner, 360 MAGAZINE aims to liaise between NFT-VIP participants and disadvantaged business enterprises. 360 is determined to spread the word on NFT-VIP to countless cohorts: the elderly, women, racialized groups and the queer community. “We now coexist in a multi-generational society with multi-racial people who have multi-educational backgrounds and who possess multi-hyphen lifestyles. Our purpose here is to create an environment of inclusiveness and to further facilitate sustainable relationships beyond the metaverse,” Lowery shares.

During the engagement, 360’s Swarovski encrusted bottle, made in collaboration with Integrity Bottles and Good Vibe Gliders, will be forged on Solana with partial proceeds donated to a charity. 360, freshly announced pet NFT, apace with Reebok’s Looney Tunes footwear, will go to a handful of lucky guests with Best Tech Style. Additionally, in real time, the publication will interview the speakers in their ecletic enclosure with bean bags and a bejeweled e-bike.

NFT-VIP RECAP HERE.

About 360 MAGAZINE

360, an internationally acclaimed LA-based magazine, represents the celebration of societal change through racial and sexual ambiguity as a youthful popular culture and design journal. As a certified National Gay & Lesbian Chamber of Commerce (NGLCC) business, it progressively supports various under-represented communities: women, POC and queer. Just last month, 360 was crowned Business of the Month.

Previous celebs on the cover: Saweetie, Demi Lovato, David Guetta, Sebastián Yatra, Will.i.am, Steve Aoki and Tyga. Infographics on the journal can be downloaded HERE.

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About Vaughn Lowery

Vaughn Lowery, the founder and president of the NGLCC certified, 360 MAGAZINE, has always strived for positive social change. Lowery is the executive producer of 360 MAG Podcast on AudibleApple and Spotify as well as a new NFT Animal Series on OpenSea. His self-help marketing memoir, Move Like Water × Be Fluid is available on Amazon, Barnes & Noble and Walmart. He’s a graduate of Cornell University’s ILR School and grandson of the late Dr. Joseph Lowery–a leader of the civil rights movement with Martin Luther King as well as the minister at Barack Obama’s Presidential Inauguration.

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About NFT

According to Wikipedia, non-fungible token is a financial security consisting of digital data stored in a blockchain, a form of distributed ledger. The ownership of an NFT is recorded in the blockchain, and can be transferred by the owner, allowing NFTs to be sold and traded.

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The Profit Margin In Bitcoin

Bitcoin mining is a highly computer-oriented complicated process. Still, it is yes simple if the user understands it adequately and uses a reliable exchange for the verification process to initiate the transactions. All the transactions carried out through the bed coins need to be verified with a security system, and it also needs to compensate the Bitcoin miners in return. The most crucial role played by all the Bitcoin miners is verifying the transactions and evaluating the profit structure for the free Bitcoin. Many changes have taken place in recent times related to Bitcoin mining. The advanced technology has also created a professional environment for the mining centre. Suppose somebody is interested in bringing the progressive technology changes, then they can visit the official Bitcoin Era app for core progress. The consumption of Bitcoin is increasing day by day.

Many individuals are making a lot of progress in participating in the Bitcoin my name as it has become one of the most reliable and secured ways of making the payment and using it as a digital asset. There are thousands of fantastic factors about Bitcoin which determine Bitcoin’s very profitable side that everyone must use. The Profit of Bitcoin mining includes electricity because the mining machine needs the power.

The Mechanism Involved In Bitcoin Mining

Before Bitcoin came into existence, there were many difficulties that the users in the traditional system were facing, and those difficulties were enormous. Everybody needs an alternative which can lower them. Before Bitcoin mining software evolved in 2013, the mining process used to take place with the help of the general personal computers of the users. Since it was crucial to increase the productivity and develop an application, specifically an Integrated circuit, which was 100 billion times the availability two generate more and more Bitcoins than the personal machines. Since then, it has become an enormous issue which needs to be addressed by the minors, and they have done it by bringing the advanced and latest software.

The concept of Bitcoin mining is more on the theoretical side and needs the hardware, which can quickly hold a lot of burden on it. Solving minor problems is not a good thing; everyone must increase their mind toward the Profit because everybody needs to increase the return. Then, it was crucial to complete all the latest software initiated. In 2013, all the minors doing the Bitcoin mining were given a chip that could help them do the complicated process very quickly and a powerful computer to initiate more Bitcoin mining. After doing all these things, the result was very positive, and the value of Bitcoin also increased.

Does Bitcoin Mining Provide More Profits In The Current Time?

Many speculations are made related to the Bitcoin mining profit it gives users and the market. The venture of doing Bitcoin mining has always been very profitable for many individuals, so one should not think about the misconceptions or rumours in the market. In 2013, many types of equipment were constantly developing to target more and more people and give them a profitable business which was a huge thing. Today, people think that Bitcoin mining is more beneficial and can earn a lot of money compared to trading. It all happened because every transaction the user is doing needs verification. After solving all the problems, the Bitcoin miners are rewarded directly with the free tokens.

Therefore it has become more accessible and feasible for an individual to purchase a bitcoin with no value. Bitcoin mining has created a market for individuals to increase their Profit as they have brought all the equipment which can reduce the cost involved in the process. It is one of the most intelligent ways to stay in the competition and use some of the innovative technology and the available machines. The hardware with the Bitcoin miners proves to be an alternative for solving their problem of lower energy requirements before it is complicated to influence the caused on the overall platform. Hence, bitcoin is one trick of the money system.