Askar Khozhamet

GameStop is less of a company that sells video games now and more a rallying cry for meme stock enthusiasts and now, web3 devotees.

The video game retailer has now launched an NFT marketplace which on the surface, appears to have practically no real ties to video games at all. In a web3 utopia, you might have imagined GameStop doing deals with major video game brands and forming partnerships to sell licensed IPs of big name video game icons on its store. Own your own unique image of Mario, Master Chief or Lara Croft!

We do not live in that world. Mainstream video game companies have avoided or actively fled from NFTs, a market that has crashed in recent months to the point where launching a dedicated NFT marketplace days after laying off a number of employees seems ill-advised. I have seen zero recognizable gaming characters on board for this project. But here we are.

The most generous way you can describe GameStop’s NFT marketplace is as an OpenSea knockoff with generally worse artwork. While NFTs have rarely been a shining beacon for artistic prowess, especially some of the most popular collections like Bored Apes and Cryptopunks, there are some truly…bleak things on display in GameStop’s store.

As for what’s selling, and for how much, it’s too early to say. There are certainly some sky-high prices listed, as owners try to convince people a GIF of an unlicensed running Game Boy is worth $448,000, but a lot of what I’m seeing appears to be mostly just meme price posting, attempts to sell things for 42 eth, 69 eth, or 420.69 eth. The highest prices I’ve been able to find listed are another running Game Boy and a weed-themed NFT, both on sale for 5000 eth, or $5.3 million. One good thing about this listing system is that you can see what price both were purchased for around 12 hours ago, $53 and $32 respectively.

Gameplay

Monkey League is a fast-paced, turn-based, play-to-earn arcade soccer game that lets everyone participate and earn points in the process.

Monkey League is a sport in which players construct their ideal Monkey League squad, consisting of four monkeys who cover the positions of striker, midfielder, defender, and goalkeeper.

Although each Monkey can play any position, each possesses intrinsic characteristics that enable it to perform better in an individual capacity.

Matches are contested between two teams, and last 12 rounds — 6 rounds per half, with each team taking the field twice.

A game is considered complete after both teams have completed their turns. Each unit has three actions available to them throughout their turn — moving a player, dribbling, passing, or shooting the ball, or performing a Special Move.

Each round ends when a player has completed their activities or has hit the “End Turn” button.

A player’s precision score is challenged while kicking to score a goal, for example, because the goalkeeper’s agility is greater than the player’s.

In a similar vein, when attempting to dribble, a Striker’s dribbling score is disputed by the power of the opposing Midfielder.

When a monkey is rare, some players’ abilities are set and can’t be changed. Other skills can be learned and improved over time.

Gameplay

Monkey League is a fast-paced, turn-based, play-to-earn arcade soccer game that lets everyone participate and earn points in the process.

Monkey League is a sport in which players construct their ideal Monkey League squad, consisting of four monkeys who cover the positions of striker, midfielder, defender, and goalkeeper.

Although each Monkey can play any position, each possesses intrinsic characteristics that enable it to perform better in an individual capacity.

Matches are contested between two teams, and last 12 rounds — 6 rounds per half, with each team taking the field twice.

A game is considered complete after both teams have completed their turns. Each unit has three actions available to them throughout their turn — moving a player, dribbling, passing, or shooting the ball, or performing a Special Move.

Each round ends when a player has completed their activities or has hit the “End Turn” button.

A player’s precision score is challenged while kicking to score a goal, for example, because the goalkeeper’s agility is greater than the player’s.

In a similar vein, when attempting to dribble, a Striker’s dribbling score is disputed by the power of the opposing Midfielder.

When a monkey is rare, some players’ abilities are set and can’t be changed. Other skills can be learned and improved over time.

Stadium

The stadium is the “land” form of the game, and it is one of the most significant assets in any blockchain-based game since it represents a physical location.

Its primary function is to serve as a location for tournaments, games, and other special events, and stadium owners can benefit from this by collecting Monkey League fees as a means of compensation for supporting these activities.

Even if a stadium isn’t being used to hold events for a while, it may still be valuable to the owners, who can use it to train their monkeys and improve their abilities.

To grow its user base, a stadium may be updated by hosting unique contests and special events and by constructing specific luxuries within it.

Viewer

When playing as a spectator, a player must watch and support the Monkey side with the best chance of winning the match.

In addition to the monetary rewards of being a spectator, players gain non-monetary perks such as the ability to analyze a team’s plans and provide morale-boosting assistance.

With the use of boosters and game goods, viewers may also elevate their level of complexity while selecting a team. By boosting their odds of picking the best potential winner, viewers can earn significantly more MBS without encountering any difficulties.

Monkey League tokens

MonkeyBucks

MonkeyBucks, commonly known as MBS, is the in-game money of the Monkey League. There are six different ways to obtain MonkeyBucks, which have a total quantity of one billion in total.

It is possible to purchase them on the game’s supported decentralized exchanges. Players may earn them by participating in matches, completing tasks, opening treasure boxes, hosting stadium games, or just by watching the game.

Gamers may utilize MBS to buy consumable objects from Monkey League’s shop or breed more Monkeys, depending on their experience level. In addition, these transactions are crucial for the platform since all of the funds generated from these activities are re-invested in the game’s treasury, assuring the ecosystem’s long-term viability and sustainability.

Score

SCORE is Monkey League’s governance token, and it is used to access the DAO, or decentralized autonomous organization, that the company operates.

Voting and governance processes, as well as economic decisions that have a direct impact on Monkey League’s treasury, will be introduced gradually into the platform over time.

A player’s SCORE may be used to stake money in the game’s treasury to vote and to earn SCORE awards as an incentive to participate.

Another advantage of staking SCORE is that it can enhance players’ assets, making it a desirable alternative for those who wish to strengthen their position in the game further.

Plans

The Gen-0 Monkeys will be available in the future NFT update for Monkey League. Through the mating of Gen-0 Monkeys, players may generate Gen-1 Monkeys, and so on. The goal of the game is to guarantee that there are good teams and leagues to facilitate matching.

It is worth noting that Monkeys will have a variety of looks and natural game talents, bonuses, rarity levels, gameplay abilities, and more.

The crypto and blockchain gaming community has been paying close attention to Monkey League over the last several months, and the game has garnered a great deal of interest.

For example, in October 2021, the founders of Draftkings, Solana Capital, Republic, NFX, iAngels, and Longhash, invested US$3 million in Monkey League in a round of funding led by Solana Capital.

Furthermore, in December 2021, the Monkey League team received an unknown amount of money from Alameda Research, YGG, and other well-known cryptocurrency investment companies.

In addition, all rounds were designed to accompany Monkey League’s initial DEX Offering (IDO), which launched on Starlaunch in November 2021.

Opportunities for gamers

Monkey League NFTs have been introducing limited-time in-game activities since the beginning of the game’s release.

Pioneers Gear-Up Camp, a free event for NFT owners, will offer the whole in-game supplies for a limited time.

In-game shopping and breeding campaigns will be available to NFT owners as well. Thus, each bearer will produce new monkeys.

The PvE Game Mode is also available to NFT owners to pit their skills against those of the environment.

Conclusion

Monkey League is a game that features a play-to-earn concept and has a lot of potential. It is the goal of Monkey League to establish an economic system regulated by players that is both unique and full of possibilities.

To achieve success in the highly competitive NFT gaming sector, the Monkey League team has loaded this game with desirable features that very few, if any, players will be able to resist.

This game can attract many players and carve out a distinct niche in the market thanks to its engaging gameplay and diverse earning choices.

Axie Infinity has the benefit of being the first game to market, but it will not be the only game in which players may make money in the future.

Both Axie Infinity and Monkey have a similar economic framework to one another. Monkey League on the other hand, is thought to have superior visuals and more addicting gameplay. This is a project that investors should keep an eye on.

CoinFLEX is a bitcoin and crypto derivatives platform that allows you to buy, sell and exchange cryptocurrency using financial products. In this CoinFLEX review, we’ll take a closer look at what this exchange has to offer.

Bitcoin futures markets have existed for several years now, and this has created a prolific bitcoin trading community. Buying and selling digital commodities like bitcoin requires a broker and CoinFLEX’s goal is to offer a service that allows traders to speculate on bitcoin’s future prices by offering ‘derivative futures contracts’ financial products.

CoinFLEX: a cryptocurrency derivatives exchange

CoinFLEX (Coin Futures and Lending Exchange) is a physically delivered cryptocurrency futures exchange, developed for investors to hedge cryptocurrency exposure with low index or price settlement risk. CoinFLEX is the trading name of Liquidity Technologies Ltd., a firm which operates under the International Business Companies Act of 2016 of the Republic of Seychelles.

Per the website, CoinFLEX uses Bitgo for asset security, with a $100 million in insurance coverage per wallet.

Founders

The exchange has been around since early 2019 and the CEO, Mark Lamb, has been a long-time advocate for physically delivered futures products. Together with Sudhu Arumugam, the exchange’s Chief Risk Officer, CoinFLEX provides services for both institutional and individual level traders.

Team members

Another two prominent team members are Leslie Tam, the Chief Strategy Officer, and James Cunningham, the Chief Operating Officer. Leslie Tam used to work at crypto exchange giant Binance working on account coverage and OTC trading. He’s also worked in the traditional financial landscape at Bank of America and Merill Lynch.

James Cunningham before joining CoinFLEX came from a quantitative and high frequency trading background. Working on UBS’ algorithmic trading desk and was a founding member of IVC Capital’s high frequency trading hedge fund.

CoinFLEX team members can be researched and found online on LinkedIn and elsewhere. As with all legitimate and well-regulated exchanges, this is a healthy sign.

CoinFLEX Bonus

Unlike competitors, CoinFLEX does not have a signup bonus. Instead, the exchange implemented a yield system based on the native exchange token.

To earn yield, on flexUSD – a flex-based USD stablecoin – a trader needs to simply hold this native token in the exchange wallet. In contrast to other exchanges, CoinFLEX allows its users to benefit by holding assets. The users do not have to lend them directly to someone else or via yield farming.

As such, flexUSD and all flexAssets get interested when just sitting in a wallet, DeFi app, exchange, or margin account.

This enables what they call “yield on yield” i.e. using natively yield-bearing flexAssets to earn an extra yield on top of these various sources in crypto.

The system is a bit of a roundabout way of earning passive income and makes up for the customary welcoming bonus known to other platforms.

Leverage trading on CoinFLEX

At the time of publishing, CoinFLEX offers the following 13 trading pairs in perpetual swap contracts:

BTC/USD

COMP/USD

SNX/USD

UNI/USD

BTC/USD

BAL/USD

USDT/USD

BAND/USD

BCH/USD

SUSHI/USD

ETH/USD

CRV/USD

YFI/USD

Charts & Trading view

CoinFLEX has a relatively straightforward interface and doesn’t play around when it comes to ease of access. It is what you would expect from a derivatives exchange like Phemex or Bybit. In fact, depositing and withdrawing funds is very straightforward.

In the top left-hand corner of your desktop browser, you’ll find a list of available markets to trade. Below that is market information. The user interface is composed of a price chart, depth chart, an order book, and an order entry tab. Such features are in keeping with standard industry practice.

If you scroll down, you can see your current positions, active orders, and trade records, and the right-most section stores the contract details for the market you are trading.

Ripio Credit Network (RCN) is a global credit network based on cosigned smart contracts that connects lenders and borrowers located anywhere in the world and on any currency. The smart contracts connect agents with information on the borrower’s identity to agents that analyze the borrower’s credit risk impartially, thus standardizing credit lending through blockchain technology. A cosigner acts as a reinsurer that distributes and reduces the lender’s risk and, at the same time, helps to improve the contract conditions by retaining access to the borrower’s local legal system.

Ripio Credit Network Review

Ripio Credit Network – ICO, Review, Token

The platform was first launched in May 2016. A token sale is taking place throughout October. The full-featured platform is expected to go live in April 2018.

The company was formerly known as BitPagos. The name Ripio means “gravel” in Spanish. The name was chosen because gravel serves as a foundation for new roadways, just as “Ripio aims to build new roads throughout the digital economy.” The RCN whitepaper also describes the company as “one of the most promising bitcoin-blockchain startups in Latin America.”

Ripio is led by Founder and CEO Sebastian Serrano, the former CEO of DevsAr. The company is registered in Grand Cayman under the name Ripio International. The company launched a testnet of Ripio Credit Network in August 2017. Full scale completion of the project is scheduled for December 2017.

What is RCN?

Ripio Credit Network, or RCN, is a protocol that aims to bring enhanced transparency and reliability to the worlds of credit and lending. The protocol uses blockchain technology and smart contracts to enable a connection between lenders and borrowers located anywhere in the world, regardless of their currency.

RCN aims to provide value by reducing the traditional banking brokerage costs and management fees. The end result is a better credit alternative than anything available today, with better conditions available for both sides.

RCN also aims to neutralize the lender’s credit risk by including an intermediary agent called “the Cosigner”. In case of a default, there’s an “alternative mechanism for managing the debt collection in the borrower’s country of residence.”

Ripio Credit Network ICO

The RCN token will function at the core of the system. The system will facilitate loans via smart contracts, and RCN tokens will be required for access to the platform. The requirement of the token means its inherent value is in relation to demand for use of the network – ultimately, probably a positive aspect when considering the purpose of the token.

Nevertheless, without having yet advertised the price of the token, Ripio has said they will be generating a total of 1 billion tokens, and that 490 million of them will remain in their custody. Depending on the opening price of the token, it may not matter. Again, we do not currently have this information, and this review will be updated when and as the information becomes available.

51% of the tokens available during ICO:

42.5% maximum available during pre-sale. $31M has been invested during pre-sale, but we do not know how many tokens have been bought;

8.5% available during the crowd-sale (maybe a bit more if all the pre-sale tokens have not been purchased already).

The Ripio ICO token will be used to execute smart contracts by the several types of participants in the Ripio Credit Network. The types of participants are:

Borrower;

Lender;

Wallet provider;

Scoring agent;

Oracle;

ID verifier;

Cosigner;

Credit exchange;

Perhaps the two most important types of participant are the wallet provider and the Cosigner, at least when it comes to the network in practice. Lenders will (we assume) inevitably find their way to the platform through self-interest alone, although we are prepared to admit that this is an assumption and not an assurance[2].

More information in the project whitepaper: https://ripiocredit.network/wp/RCN%20Whitepaper%20ENG.pdf

RCN Token

RCN tokens are the backbone of Ripio Credit Network. 51% of the total supply of RCN tokens will be made available to the public through token sales.

The token sale was held for October 17, 2017. There will be a total supply of 1 billion tokens. the maximum amount sold during the pre-sale will be 42.5%; the minimum crowdsale amoun

The dollar (currency code - USD) is the monetary unit of the United States. In addition, the dollar has been adopted as an official and legal currency by the governments of several other countries. The US dollar is usually denoted by the dollar sign ($) or the abbreviations USD and US$, which distinguish it from other monetary units called dollars and denoted by the "$" sign. One dollar contains one hundred cents.

The dollar was adopted by the United Congress of the United States on July 6, 1785. This currency is used in most international trade transactions. In several countries, the US dollar is the official monetary unit, in many others its unofficial use is allowed. In 1995, there were $380 billion in circulation, of which two-thirds were outside the United States. By 2005, this figure had doubled to almost 760 billion, presumably from half to two-thirds of this money is not in the United States, the annual growth rate was 7.6%. However, in December 2006, the euro surpassed the dollar in terms of the total value of the currency in circulation. Since then, the amount of euros in circulation has grown to 695 billion, which at the current exchange rate is 1.029 billion US dollars.

General information

The US dollar uses a decimal system, it consists of one hundred cents (the cent symbol is ¢). In another division, one dollar consists of a thousand milli or ten dimes; in addition, in the law on coinage, adopted in 1792, the term "eagle" was used to denote ten dollars, which later began to denote gold coins. In the second half of the 19th century, the question of creating a gold coin worth $ 50 was raised several times, which was supposed to be called a "half-union", which meant that one hundred dollars was equal to one union. However, only cents are in everyday use; the word "dime" is used only as the name of a dime coin, while the designations "eagle" and "mill" are unknown to many, although they are used in tax collections and gasoline prices. Two types of cash are issued: units that are equal to or less than a dollar in value are coins, and units that are equal to or more than a dollar in value are Federal Reserve banknotes (there are gold, silver and platinum coins whose nominal value is one hundred dollars, but the real value of such a coin exceeds the value of a gold bullion). Currently, both coins and one dollar banknotes are produced, although banknotes are more common. In the past, the value of paper money sometimes fell below nominal, and they cost less than a dollar, and gold coins cost up to twenty dollars.

Coins are produced by the U.S. Mint, banknotes are printed by the Bureau of Engraving and Printing, and since 1914 by the Federal Reserve System. "Large" banknotes issued before 1928 had a length of 188 mm and a width of 79.4 mm; "small" banknotes printed this year have a length of 156 mm, a width of 66 mm. and a thickness of 0.11 mm.

Dollar Nicknames

The colloquial word "bucks" (buck), similar to the English nickname of the pound sterling "quid" (quid), is often used to refer to dollars of different states, including US dollars. The reason for the emergence of this term, which appeared in the 18th century, could be the fur trade, which was conducted by the colonies. Another nickname is "greenback" (greenback, "greenback"), originally used only to refer to the Bill dollars created by Abraham Lincoln to finance the forces of the North on the coast during the Civil War. The first banknotes were black on the front and green on the back. This nickname is still used to refer to US dollars (and is not suitable for dollars of other states).

The word Grand, sometimes abbreviated to "G", is a common term for the amount of a thousand dollars. The suffix "K" (from the prefix "kilo-") is also often used to denote this amount (for example, "$10K" is read as "ten ke" and means ten thousand dollars).

The nicknames of banknotes usually correspond to their value (for example, "five", "twenty"). The $5 bill is sometimes called "fin" (fin), "fiver" (five) or "five-spot" (five-spot), the ten-dollar bill is "sawbuck" (sawbuck), "ten-spot" (ten-spot) or "Hamilton" (Hamilton), the bill twenty dollars - "double sawbuck" (double sawbuck), "twomp" (twomp), "twenty-banger" (twenty-banger) or "Jackson" (Jackson), one dollar bill is sometimes called "single" (single), two dollars - "deuce" (deuce) or "Tom" (Tom), and a hundred-dollar bill is called "Benjamin" (Benjamin), "Benjie" (Benji) or "Frank" (Frank) (after Benjamin Franklin, who is depicted on the banknote), or "C-note" (si-laptop) (C is a Roman numeral denoting one hundred) or "Century Note" (century laptop, century banknote). Sometimes some of these designations are called "dead presidents", although neither Hamilton ($10) nor Franklin ($100) were presidents. A hundred-dollar banknote in banking is sometimes called "large", for example, "twenty large" means "two thousand dollars". Banknotes of a new design are sometimes called "Bigface" (bigface, big portrait).

In Panama, dollars are called balboa, and instead of the nickname "bucks", the word "palo" (palo, stick) is used. For example, the phrase "Esto vale 20 palos" translates to "It costs 20 bucks." In Puerto Rico, the dollar is often called the "Peso", this designation is also used by Puerto Ricans living in the United States.

Panama Dollar

Puerto Rico dollar

Dollar Sign

The $ symbol, which is usually placed before the digit, is used to denote the US dollar (and many other currencies). For example, "$14" means "fourteen dollars". Although the exact origin of this sign is unknown, many believe that it originated from the Spanish coat of arms, which depicts the Pillars of Hercules and the inscription "Non Plus Ultra" in the shape of the letter "S". The Spaniards were the first to use the dollar sign to denote their currency, then it was adopted in the United States, later it was replaced by the dollar.

Another popular theory of the origin of this sign says that one day a printing press accidentally printed the letters U and S superimposed on each other, and a sign similar to $ turned out.

The history of the dollar

The first dollar coins issued by the United States Mint corresponded in size and material to the Spanish dollar, and even after the Revolutionary War, Spanish and American silver dollars were used equally in the United States. Coins of some English colonies were also in use. Dutch dollars with a coat of arms depicting a lion were popular in the Dutch colony of New Netherlands (New York), but such coins were also used in English colonies in the 17th and 18th centuries. Most of the coins were badly worn, it was difficult to distinguish them, so they were sometimes called "dog dollars".

Private banks issued silver and gold coins of Spanish and American coinage, but the federal government did not do this until the outbreak of the Civil War.

The US dollar was originally defined by the Coinage Act of 1792 not as the monetary unit it is now, but as a unit of weight (about 30.54 g of silver). The value of gold and silver contained in coins was calculated at that time at the prices established in the economy. This allowed the prices of things to remain virtually unchanged over time, they were influenced only by the inflow and outflow of gold and silver in the national economy. According to the US Treasury Department, prices for goods and services remained relatively stable in the period from 1635 to 1913, the purchasing power of the dollar was then 25 times greater than in 2006.

Continental currency

In 1775, the United States and the independent states began using the "Continental Currency", measured in Spanish dollars and pounds of various states. The dollar correlates with the monetary units of other states as follows:

The continental currency suffered from the fall in the value of paper money and was replaced by silver dollars at the rate of one silver dollar per thousand continental.

Coins

Official coins of the United States have been issued every year since 1972 to the present. Today, there are coins in circulation with a value of one cent (also called a "penny"), five cents (nickel), ten cents (dime), twenty-five cents (officially a quarter of a dollar, colloquially a quarter), fifty cents (half a dollar, sometimes called a fifty cent) and one dollar (officially a dollar, often referred to as a one dollar coin).

One dollar coins have never been very popular in the United States. Silver dollars were minted irregularly from 1794 to 1935; dollar coins made of an alloy of copper and nickel of the same size with a portrait of President Dwight Eisenhower were minted from 1971 to 1978. Gold dollars were also minted in the 19th century. In 1979, coins with the image of Susan Anthony appeared; they were unpopular, as they were often confused with quarters due to their almost identical sizes, fluted faces and similar color. The minting of these coins ceased in 1980 (in 1981 a small batch was released for collectors), but, like all previous coins, they remain legal. Since the number of Anthony dollar coins held by the Federal Reserve or distributed in vending machines for the sale of postal envelopes and travel tickets for the issuance of change was depleted, an additional batch was issued in 1999. In 2000, new dollar coins with the image of Sakegawea appeared, some errors of the previous coin were corrected in them: dollars had an even face and a golden color, but they could not be used to make payments in vending machines accepting a dollar with the image of Anthony. However, this coin has not achieved the popularity of the dollar bill and is rarely used in everyday life. Defenders of coins call the reasons for this failure the failure of an attempt to withdraw dollar bills from circulation and weak support by the population.

In February 2007, the U.S. Mint introduced a new dollar coin as part of the One Dollar Coin Act. The design of the new coins takes into account the success of the series "50 State Quarters" ("quarters of fifty states"), on their front sides - portraits of deceased presidents, starting with George Washington. The reverse side depicts the Statue of Liberty. In order to have more space for the portrait, the traditional inscriptions "E Pluribus Unum" (united in diversity), "In God We Trust" (We believe in God), the year of minting and the minting stamp will be written on the face of the coin. This feature, similar to the inscriptions on the face of the British one pound coin, is not usually associated with the design of American coins. The inscription "Liberty" (freedom) was excluded, since the image of the Statue of Liberty serves as a substitute. In addition, this will be the first time that coins of different denominations with a portrait of one president will be in circulation. Another unusual fact about the new dollar coin: Grover Cleveland will be depicted on two coins, as this is the only US president who has been elected to two inconsistent terms.

Early issues of coins with the image of Washington contained defective coins, mostly coming from the mint in Philadelphia to banks in Florida and Tennessee. A week after the discovery of the defective coins, collectors bought them for $ 850 apiece. The coins are distinguished by the absence on the edge of the inscription "E PLURIBUS UNUM IN GOD WE TRUST 2007 P". It is believed that they were minted in Philadelphia, although this can only be determined by the markers on the boxes with coins. The inscription on the face is minted in both directions, mainly to the front side. Immediately after the release of the coins, some amateur collectors were deceived by buying coins with the "inscription upside down". Some cynics ironically note that the Federal Reserve benefits more from banknotes than from coins, since banknotes wear out over several years, and coins are more durable. This opinion is erroneous, since the withdrawal of old banknotes from circulation and their replacement with new ones does not give the government any benefit to cover the costs of printing new money and destroying old ones. Since many vending machines cannot issue change in banknotes, they accept only banknotes with a value of one dollar, and only some can issue change in dollar coins.

In the period from 1792 to 1935, coins of other denominations were issued in the United States: half a cent, 2 cents, 3 cents, 20 cents, $2.5 (quarter eagle), $3, $5 (half eagle), $10 (eagle), $20 (double eagle) and $50 (half-union). Formally, all these coins remain legal and retain their value, although in fact they are much more expensive, as they are of interest to numismatists, and in gold and silver coins, metal is also valuable. In addition, an experimental coin with a value of $ 4 (stella) was issued, but it did not enter circulation, and is considered more of a sample than a real monetary unit. There were also gold coins with a value of one dollar, these are the smallest coins that have ever been minted in the USA. Half-dime coins surpassed nickel 5-cent coins in popularity during the first half of the 19th century. The $50 coins mentioned above were issued only once, in 1915, to celebrate the opening of the Panama Canal. Only 1,128 pieces were issued, of which 645 were octagonal; they remain the only US coins not round in shape, besides being the heaviest. (The dollar with the image of Susan Anthony had a round shape, only the frame of the image was decagonal).

From 1934 to the present, the only coins that have entered circulation have been the penny, nickel, dime, quarter, half dollar and dollar, which are already familiar to us. Nickel is the only coin that has only changed its design over time. Every year since 1866, nickel has consisted of 75% copper and 25% nickel, excluding 4 years during World War II when nickel was used for military purposes.

Since 1982, the United States Mint has also issued many coins with different values and designs, especially for collectors and speculators. There are large gold and silver coins called "American Eagles", they are legal means of payment, although they are not used in everyday trading operations. The reason is that these coins are not intended for use in transactions, and the value of precious metals in them is higher than their nominal value. American Silver Eagles were minted only in the form of dollar coins (weight - one ounce) and only for one year, in 1986. American Golden Eagle coins (with gold content), minted since 1986, appeared in denominations of $ 5 (gold weight - 1/10 oz), $ 10 (1/4 oz), $25 (1/2 oz) and $ 50 (1 oz). The American Platinum Eagle coins (with platinum content), minted since 1997, appeared in denominations of $ 10 (1/10 oz), $25 (1/4 oz), $50 (1/2 oz) and $100 (1 oz). Silver coins consist of 99.9% silver, the gold content in gold coins is 91.67% (22 carats), and platinum coins contain 99.95% platinum. These coins are available to individuals, but must be purchased from authorized dealers. In 2006, the Mint began the direct sale to private individuals of coins made of precious metals produced by special technology and bearing the brand "W". The mint also produces high-quality coins intended for collectors and having the same composition as ordinary ones.

The most valuable monetary units produced in the United States to date are the hundred-dollar bill and the Platinum Eagle with a face value of $ 100.

Banknotes

The US dollar is somewhat unique, as more than 10 types of banknotes have been issued, such as the Federal Reserve banknote, the gold certificate and the US banknote. To complete this list, find out about the banknotes that have gone out of use. The Federal Reserve banknote is the only type that has remained in circulation since the 1970s.

Now banknotes of value are being printed $1, $2, $5, $10, $20, $50, and $100. Banknotes with a value of more than one hundred dollars ceased to be printed in 1946 and were officially withdrawn from circulation in 1969 . These banknotes were used mainly in intrabank transactions and organized crime; it was the narrow scope of use that caused President Richard Nixon's decision to terminate it. With the advent of electronic banking systems, the need for them has disappeared. Banknotes $500, $1,000, $5,000, $10,000, and $100,000 was all produced at the same time.

The design of the banknotes was accused of not being suitable for people with vision problems. The US Federal Court ruled on November 28, 2006 that dollar bills are not suitable for the blind, they do not give such people normal access to the currency system. The court ordered the Ministry of Finance to develop a new design within 30 days.

1 Dollar

2 Dollar

5 Dollar

10 Dollar

20 Dollar

50 Dollar

100 Dollar

The launch of its own stablecoin is a very important event for many projects, not an exception was the NEAR protocol, which officially launched its own algorithmic stablecoin USN from April 25, 2022. In this review, we will take a detailed look at what USN is, where and how you can buy it, how to make money on it, what are the analogues of this stablecoin, its important advantages and disadvantages compared to competitors.

Content

• 1. What is – USN? Stablecoin Review from NEAR

• 2. Where and how to buy USN stablecoin

• 3. How can I use USN
• 4. How to make money on USN (stacking)
• 5. Prospects of the USN stablecoin
• 6. Competitors and analogues of USN
• 7. Advantages and disadvantages of the USN stablecoin
• 7.1. Positive
• 7.2. Minuses
• 8. Final conclusion

What is – USN? The NEAR

USN stablecoin review is a native algorithmic stablecoin from NEAR Protocol with a "soft" peg to USD (US dollar), which is provided with USDT stablecoins and NEAR cryptocurrency. The stablecoin was created to increase the liquidity of the NEAR ecosystem.

The management of USN (smart contracts and reserve fund) is handled by DAO Decentral Bank.

When creating the USN stablecoin, all the advantages of existing "stable" coins were taken into account: UST (thanks to the on-chain arbitrage model), FRAX (reliable protection against binding) and a self-balancing reserve.

The binding of the USN stablecoin to the US dollar is provided through online arbitrage and a self-balancing reserve fund.

Where and how to buy USN stablecoin

There are several ways to buy a USN stablecoin:

• Exchange NEAR for USN in the Sender Wallet (a convenient wallet is a browser extension from the NEAR ecosystem).

• Buy USN (exchange) using stablecoins (USDT, DAI, USDC) via Ref.Finance (one of the largest DeFi exchanges in the Middle East) in the "SWAP" section.
• Buy on centralized (CEX) or decentralized (DEX) exchanges for fiat currencies or various cryptocurrencies (this method of purchase will be available soon).

How can I use USN

USN can be used for such purposes:

• To earn money in DeFi projects (first of all in the network NEAR and Aurora).

• When trading cryptocurrency on centralized exchanges (as a reliable stablecoin).

• To pay for gas costs in the network NEARBY (in the near future).

As the USN stablecoin develops and popularizes, the list of areas where it can be used will expand.

How to make money on USN (stacking)

The easiest way to make money on the USN stablecoin is farming (staking) on a decentralized exchange Link to finance:

• We connect the wallet to the exchange (Next to the wallet or the sender's Wallet).

• We buy USN through the "SWAP" section (for example, for USDT).

• Go to the "FARM" section and add USN to the staking (for example, the USDT-USN pair is selected).

• We receive passive income from stablecoin staking.

In the near future, the selection of pairs for USN staking will be expanded (on this and other DeFi exchanges).

Prospects of the USN stablecoin

The developers of the USN stablecoin are betting on the same rapid development and capitalization growth as the LUNA Foundation's TerraUSD (UST) algorithmic stablecoin, whose capitalization in April 2022 came close to $ 2.5 billion.

Due to the rapid implementation of USN in other protocols and on the largest centralized crypto exchanges, its holders can potentially earn more than 20%-30% per annum due to staking.

Competitors and analogues of USN

• TerraUSD (UST).

• Frax Finance (FRAX).

• USDB.

• USDD.

Advantages and disadvantages of the USN stablecoin

Positive

1. A promising stablecoin from NEAR Protocol.
2. Fast and cheap transactions using the NEAR Protocol infrastructure.
3. Users of NEAR wallets have access to the "mint" of USN direct in wallets.
4. High profitability from staking in various DeFi protocols (minimum APY values = 11% per annum).
5. In the near future, using USN, it will be possible to pay for gas in the NEAR network.

Minuses

1. At the time of launch, there is a small selection of sites where it can be bought and used.

Final conclusion

Due to the combination of the main advantages of the current "leaders" in the stablecoin market, the USN stablecoin may become a market leader in the coming years, which will positively affect its holders and the entire NEAR Protocol ecosystem (there is a great potential for the growth of the NEAR cryptocurrency).

Many people are looking for a "stable" coin from NEAR (USN) by request: USN, USN, stablecoin from NEAR, stablecoin from NEAR, etc.

The TRON project has launched its own stable USSD coin. The new token will pay its holders 30% per annum and is implemented according to the algorithmic principle of collateral, similar to the work of the now popular TerraUSD from Terra. While TRON lags behind other popular cryptocurrencies, but the launch of a stable coin can change the situation.

TRON ($TRX) is a $6.35 billion cryptocurrency launched by Justin Sun in 2017, ahead of many other popular cryptocurrencies.

Justin Sun

What is TRON?

TRON ($TRX) is a $6.35 billion cryptocurrency launched by Justin Sun in 2017, ahead of many other popular cryptocurrencies. So far, the project has not managed to achieve such popularity as Terra or Solana, but this does not mean that it does not innovate and does not introduce new developments into its ecosystem.

The TRON blockchain works on the Proof-of-Stake protocol. The value of the TRON coin in January 2018 reached a record high of $0.29. The market capitalization at the moment is almost 8 billion US dollars. The network has 88 million registered user accounts, of which 21 million were active in April 2022.

The new stablecoin will be algorithmically secured, similar to the TerraUSD (UST) stable coin. Fiat-backed stablecoins, such as USD Coin (USDC), are backed by an equivalent amount in dollars in a bank and securities. On the other hand, algorithmic—type stable coins are not backed by physical dollars - instead, a crypto fund is used to balance the supply and demand of the token.

TRON(TRX) price Chart

The news of the launch of a new project caused considerable investor interest in TRON, and the cryptocurrency grew by 10% after the news, while many other cryptocurrencies were losing value. The launch of the stablecoin should attract more users to the network, which will be beneficial to the investors of the project.

The TRON lockchain runs on the Proof-of-Stake protocol. The value of the TRON coin in January 2018 reached a record high of $0.29. The market capitalization at the moment is $ 7,941,603,439, 88 million user accounts are registered on the network, of which 21 million active users over the past month. The network has processed 3.1 billion transactions since its inception. Although the project was founded by Justin Sun, it is now managed by TRON DAO (a decentralized autonomous organization), a decentralized community of users and investors that oversees the network.

TRON to USD chart

What is USDD?

The new stablecoin will be algorithmically secured, similar to the TerraUSD (UST) stable coin. Fiat-backed stablecoins, such as USD Coin (USDC), are backed by an equivalent amount in dollars in a bank and securities. On the other hand, algorithmic-type stable coins are not backed by physical dollars, but instead a crypto fund is used to balance the supply and demand of the token.

No wonder, according to the latest Coinbase report, Luna Foundation and TRON are big buyers in the crypt. Everyone needs more than $10 billion in crypto to secure their UST and USDD stablecoins.

Here's how it works: If USDD falls below its $1 peg, traders can exchange 1 USDD token for TRX worth $1. If the USDD rises above $1, traders make the exchange back. Theoretically, getting these small but guaranteed returns should mean that high-frequency traders and arbitrage traders should be able to maintain the USDD price in a narrow range.

What does the appearance of USDD mean for crypto investors?

The popularity of TerraUSD from Terra has changed the rules of the game for the Terra network and the prices of the Luna crypto coin. Terra pays 19.5% Annual Interest Rate (APY) on TerraUSD stored in its Anchor Protocol, which has played a significant role in attracting users to the network.

It is doubtful that USDD will displace TerraUSD or that it will even try to do so (in fact, Terra founder Do Kwon even spoke out in support of Tron), but it is likely that this will attract more crypto investors to the Tron ecosystem. Crypto investors go where there are interest rates, and the yield of 30% per annum is attractive. How long these percentages will be paid at this level is certainly a question, but at least in the short term it should be a major catalyst for the entire Tron ecosystem.

TRON is not the only crypto network that is in the process of launching an algorithmic stable coin. It is reported that Near Protocol (NEAR) is preparing to launch its own stable USN coin in the coming weeks.

Will the launch of USSD affect the price of TRON

TRON is a healthy ecosystem with a significant user base and a large number of participants. The launch of USSD and its 30 percent yield should arouse considerable interest among crypto investors in the future. The popularity of USSD will create additional demand, and the cryptocurrency will benefit from this news.

BORED APE YACHT CLUB

Bored Ape Yacht Club is an incredibly popular collection of NFT tokens from 10 thousand drawings of monkeys released on the Ethereum blockchain. Each NFT token gives a double bonus - it is considered as membership in an exclusive club and provides their owners with various privileges ― from access to limited goods to participation in events.

By purchasing the api #8774 NFT token, adidas Originals becomes a member of the Bored Ape Yacht Club,

In this regard, we present Indigo Herz ― a rebellious optimist who charges the world around him with his positive energy. Just like adidas, all members of this club are united by love for their community. See you at the club!

PUNKS COMIC

Meet CRYPTOPANKS! Everyone's favorite team of daring rebels, collectors and cryptolegends from the metaverse. Courtney is the main character in PUNKS Comic, an NFT token and a comic book.

The creation of PUNKS Comic was prompted by the desire to revive NFT characters by giving them names and a body shell, developing their backstory and creating a vivid image for them.

GMONEY

Futurist. A rebel. A digital avatar with the image of a monkey.

A well-known NFT, opinion leader, mentor and community leader, gmoney became famous thanks to its famous orange hat.

gmoney became one of the first NFT tokens and crypto influencers, which showed how to emphasize its status in the digital world. He is included in the list of the 50 most influential NFTs, according to Fortune, and he managed to significantly increase the community of the NFT space.

WELCOME TO THE ADIDAS METAVERSE

Adidas launched in the metaverse. More precisely, the international brand of street and sportswear presented its collection NFT "Into the Metaverse".Bored Ape Yacht Club, PUNKS Comic and gmoney invite adidas Originals to take a trip to the Metaverse.

What we know at the moment

Adidas has been preparing this launch for several weeks. The company first launched digital tokens last month and provided early access to NFT drops to super-fans interested in the Adidas metaverse project. Adidas has also started tweeting about metaverse. In addition to all this, the company bought a Bored Ape monkey and dressed it in an Adidas tracksuit. All these actions were massive signs of the Adidas project to create a metaverse.

NFT buyers can purchase NFT Adidas for 0.2 ETH from today on the official Adidas website. A total of 30,000 NFT are up for sale — 20,000 have already been minted through pre-sale; 9620 NFT have been released to the general public today. Adidas has reserved 380 NFT for its partners and for future events.

Another important point is that in this metaversive project, Adidas collaborated with NFT heavyweights: gmoney, PUNKS Comic and BAYC. The three will also be offering exclusive merchandise to Adidas NFT owners in 2022 at no extra cost.

Finally, Adidas acquired 144 plots of virtual land in The Sandbox metaverse. Undoubtedly, Adidas will add its own content and experience to its virtual Sandbox land.

Advantages of owning Adidas NFT

NFT holders will get access to the exclusive Adidas fan club. Thanks to this NFT, they will be able to purchase special physical and digital merch and leave feedback on future Adidas products. In addition, they will have the opportunity to own Bored Apes profile photos, access to the metaverse, as well as the ability to carry digital items in The Sandbox.

Tarek Ali, Senior Director of Digital Technology Development at Adidas, summed up the company's new venture:

"Adidas is in the metaverse. We want to find out what will be the coolest in this space."

"This is a revolution from the usual business model, when we produce things and hope that people will buy them. You don't just buy a product. You become a member of this community."

Why is the metaverse important to Adidas?

Adidas and other long-established clothing companies need metaverse to stay on trend. For example, Adidas' competitor, Nike, has just opened a virtual Nikland in Roblox, not to mention that it has just acquired the metaversive startup RTFKT.

Undoubtedly, Adidas stands out from the crowd by collaborating with existing Web 3 stars and communities, rather than creating its own PFP projects. For example, Adidas cooperates with g money, which often refuses to cooperate with other major brands. This creates value not only for the company itself, but also for the Web 3 community as a whole.

With this NFT, Adidas has joined Burberry, Louis Vuitton, Givenchy and Balmain in their quest to take over the metaverse.