January 29, 2022
January 29, 2022
January 29, 2022
January 29, 2022
January 29, 2022
January 29, 2022
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February 17, 2022
Solium Rise: Transforming The World of DeFi and Becoming The Standard. Solium Rise seeks to transform the world of DeFi and Becoming the stardard. Solium Rise combines SOLARDEX, SOLARSWAP, SOLARBOT, Staking and more to bring great advantage to its users
Launched on 24/1/2022 by a team based in the UK, Solium Rise is transforming the world of DeFi and becoming the standard.Solium Rise is beyond a reward token: Although you’ll get SOL rewards for holding $SOLAR, there are even more rewards to be earned when SOLARDEX Launches.$SOLAR will be the native token and the central part of our ecosystem, It will be used to access a wide range of products and services starting with the SOLARDEX.$SOLAR is an intelligent token programmed to take care of you! Starting from providing watertight investment security to assuring that every investor gets equal access to token, you get rewarded and everything works on autopilot.$SOLAR will be used to access premium tools on the SOLARDEX
Fibonacci retracements are often used as part of a trend-trading strategy. In this scenario, traders observe a retracement taking place within a trend and try to make low-risk entries in the direction of the initial trend using Fibonacci levels.
Leonardo Pisano, nicknamed Fibonacci, was an Italian mathematician born in Pisa in the year 1170. His father Guglielmo Bonaccio worked at a trading post in Bugia, now called Béjaïa, a Mediterranean port in northeastern Algeria. As a young man, Fibonacci studied mathematics in Bugia, and during his extensive travels, he learned about the advantages of the Hindu-Arabic numeral system.
In the Fibonacci sequence of numbers, after 0 and 1, each number is the sum of the two prior numbers.In the context of trading, the numbers used in Fibonacci retracements are not numbers in Fibonacci's sequence; instead, they are derived from mathematical relationships between numbers in the sequence.Fibonacci retracement levels are depicted by taking high and low points on a chart and marking the key Fibonacci ratios horizontally to produce a grid; these horizontal lines are used to identify possible price reversal points.
If you are an active trader you might have noticed that financial asset prices follow certain patterns. A pattern that consistently occurs is consolidation between price ranges.Financial assets will often trade in a tight range, consolidating a recent move, and then move to another range and repeat the process.Even during market trends prices tend to target specific levels before moving on to the next region. One of the best ways to forecast price targets is through Fibonacci retracements analysis.Fibonacci retracement analysis can be used to confirm an entry-level, target a take profit as well as determine your stop loss level.
Fibonacci Levels Used in the Financial Markets In the context of trading, the numbers used in Fibonacci retracements are not numbers in Fibonacci's sequence; instead, they are derived from mathematical relationships between numbers in the sequence. The basis of the "golden" Fibonacci ratio of 61.8% comes from dividing a number in the Fibonacci series by the number that follows it.
Using Fibonacci Extensions While Fibonacci retracement levels can be used to forecast potential areas of support or resistance where traders can enter the market in hopes of catching the resumption of an initial trend, Fibonacci extensions can complement this strategy by giving traders Fibonacci-based profit targets. Fibonacci extensions consist of levels drawn beyond the standard 100% level and can be used by traders to project areas that make good potential exits for their trades in the direction of the trend. The major Fibonacci extension levels are 161.8%, 261.8% and 423.6%.
Fibonacci retracements are often used as part of a trend-trading strategy. In this scenario, traders observe a retracement taking place within a trend and try to make low-risk entries in the direction of the initial trend using Fibonacci levels.
Founded by greats from the gaming and blockchain industry, Gala Games is redefining the world of gaming. GALA is currently based on the Ethereum blockchain and uses the ERC-1155 Standard.
Gala Games aims to take the gaming industry in a different direction by giving players back control over their games. Gala Games mission is to make “blockchain games you’ll actually want to play.” The project wants to change the fact that players can spend hundreds of dollars on in-game assets, and countless hours spent playing the game, which could be taken away from them with the click of a button. It plans to reintroduce creative thinking into games by giving players control of the games and in-game assets with the help of blockchaintechnology.Players can own non-fungible tokens (NFTs) and influence the governance of games within the Gala Games ecosystem. The Founder’s Nodes voting mechanism allows players to influence what games Gala should develop and what games should get funding. Besides buying NFTs for specific games, Gala Games also utilizes GALA – its own utility token. So far, Gala Games has released one playable game – Town Star and an NFT collectible series – VOX. It plans to release more games in the future, such as a fantasy RPG game, a sci-fi strategy game and a tower defense game.Since launching in 2019, Gala Games has grown to 1.3 million monthly active users, and 26,000 NFTs have been sold, with the most expensive piece valued at $3 million. Who Are the Founders of Gala Games?Gala Games was founded by Eric Schiermeyer. He was the co-founder of Zynga, a popular social and mobile games company. Under Schiermeyer’s leadership, Zynga launched popular hits like Poker, Mafia Wars and Farmville. Schiermeyer, who has a reputation for working on the cutting edge of gaming, launched Gala Games in July 2019 to create a blockchain-based game network and give players more ownership of their games.In total, the Gala Games team consists of 60 employees.What Makes Gala Games Unique? Town Star, it's only currently playable game, is a town simulation that can be played in a browser. Players manage a town similar to the gameplay of SimCity, but in Town Star, they actually own the town.VOX is Gala Games’ set of collectible NFT avatars. Each VOX is unique and some VOXs are rarer than others. In the initial drop, 8,888 VOX were distributed for an average price of 0.0888 ETH, or roughly $280 at the time of writing. Although inspired by Town Stars, VOX has other utility besides just being an NFT avatar. Holders can lock up GALA, and earn VOXcoin by playing with their VOX avatars in the future. VOX owners also get their own FBX file, which allows them to animate their avatars, or even 3D print them in the future.Other games are in development as well. Fortified is a player-versus-player tower defense game set in a fantastical medieval world. Players will compete to build the best tower defense strategies. Mirandus is a fantasy role playing game (RPG) set in a massive world ruled by five player-monarchs. Players will be able to own in-game assets and claim parts of the in-game landscape. Echoes of Empire is a sci-fi strategy game set within a galaxy at war. Players will be able to own their own spaceships and control parts of the galaxy.Spider Tank Project is a multiplayer online battle arena game allowing players to pick a “spider tank” to battle other players. The game is free-to-play but will contain in-game earning mechanisms. It is scheduled for release in Q4 2021.A major component when it comes to developing these games is community feedback. Gala Games constantly engage and test assumptions with their community on Discord. This allows players to shape the direction and design of the games.Users can run Gala Nodes, which supports the Gala network. In return, they receive rewards like GALA, limited edition NFTs and other opportunities. The Gala Node ecosystem consists of a triple-proof node system – proof-of-work (PoW), proof-of-stake (PoS) and proof-of-storage. PoW are called Founder Nodes, which are tier-1 nodes based on 50,000 fully-owned NFTs. These are early supporters of the network, and will receive NFTs from all subsequent games and GALA allocated to their node license. PoS are paid nodes that operate for specific games, through a smart contract “rental” structure. Proof-of-Storage are free nodes that will allow the games to be fully hosted on the node ecosystem, removing reliance on centralized hosting solutions like Amazon S3.