Top Crypto Deals & Learning: This Week's Picks!
Airdrops/ Testnets/ Public and private sales/ Everything you need to know about Runes
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OUTLINE:
1. Crypto-Traders
2. ICO/IEC and General Presale
3. Airdrops/Recently Funded Cryptos that may offer Airdrops
3. Deep-dive Crypto-Research
4. The Week’s focus: What Are Pre-Markets in Crypto and Whales Market
5. Crypto-opportunities
AIRDROPS/TESTNETS & RECENTLY FUNDED CRYPTOS THAT MAY OFFER AIRDROPS
Manta Network will distribute $3M $MANTA to users who burned the NFT as part of the Renew Paradigm event. The snapshot will be taken on April 24, 10:00 pm SGT. Be sure to burn all NFTs before this deadline to be eligible for $MANTA rewards. If you burn NFT, you will receive $MANTA and rewards from ecosystem projects, but If you have not burned NFT, you will only receive rewards from ecosystem projects.
Phantom airdrop, how to participate
Phantom is a cryptocurrency wallet used to manage Solana’s digital assets.
• Raised $118M
• Valuation $1.2B
Funders: A16z, Paradigm, Solana Ventures and others ($PHNTM)
Magic Eden airdrop (NFT marketplace), How to participate
Magic Eden is the largest NFT marketplace on the Solana blockchain.
• Raised $170M
• Valuation $1.6B
Funders: Paradigm, Sequoia Capital and others ($MAGIC)
How to get airdrop by Hyperlane
@Hyperlane_xyz is the first universal and permissionless interoperability layer built for the modular blockchain stack
Raised: $18.5M from Circle Ventures, Kraken, CoinFund and others https://cryptorank.io/ico/hyperlane
Details on how to participate in 7 AIRDROPS - ONE STRATEGY
Discover how to farm airdrops of BASE, ZKS, ZRO, BGE, SCROLL, NITRO, and JUMP.How to Participate in Avail Testnet (Airdrop Confirmed)
Avail Project is a decentralized data availability layer that supports next-generation blockchain applications and sovereign rollups. It focuses on data availability and security, enabling light clients to verify data through sampling over a peer-to-peer network.
Fundraise: Avail raised $27 million in funding from DragonFly, Founderg Fund, and others.
ALEO AIRDROP IS CONFIRMED for Q3 2024; participate now!
Aleo set out to redefine how the web works, focusing on privacy and user empowerment. Using zero-knowledge proofs, a form of cryptography, Aleo ensures that users can transact and interact on its blockchain without compromising privacy. This approach departs from most blockchain transactions' conventional public nature.
Fundraising The project secured $298 million in funding from leading venture capital funds. Kora Management LP and SoftBank Vision Fund 2 led the Series B investment round, which invest in fintech projects within emerging digital economies. Samsung Next, Tiger Global, Sea Capital, Slow Ventures, and Andreessen Horowitz (a16z) also participated in the raise.
Build on Bitcoin is a hybrid Layer-2 network Bitcoin blockchain. Build on Bitcoin is funded by 12 investors. UTXO Management and Castle Island Ventures are the most recent investors. According to the dune $210M deposited only, but only 11,000 participants, a lot of whales there https://dune.com/daedalus_angels/build-on-bitcoin-fusion-campaign…
ICO/IDO/IEC, PRESALE AND PUBLIC SALES
XSwap(XSWAP) Private sales and IDO
XSwap is the 1st token led and brought to market by Chainlink’s Incubator ($13B FDV), setting it as the first mover. Backed by Chainlink’s key KOLs and community leaders, XSwap is the 1st protocol to provide utility to the billions of dollars worth of $LINK tokens sitting idle, strengthening its role as a core protocol within the ecosystem. With Chainlink gearing up for institutional adoption this cycle, XSwap is set to capture all the opportunities as the 1st token incubated by Chainlink. XSwap Links: Web,Telegram,Twitter
Platform Raise: $200,000
IDO Ticket Size: $250
The sale opens NOW:
launch.apeterminal.io/project/xswapA Native Yield-Based LaunchPad and Yield Aggregator powered by @Blast_L2, winners of the Blast Big Bang Competition. The @blastozone token, $OFF, public sale is live now on @SeedifyFund $SFUND tier holders; the time is now to get involved with the launch of our next-gen launchpad and yield aggregator in the next-gen ecosystem.
Trinity Of The Fabled (TheFabled) IDO (GameFi - PlayToEarn)
Trinity Of The Fabled is a free-to-play souls-like RPG built in Unreal Engine 5. It was developed by Octavian Studios and a team of indie and AAA artists from across the gaming industry. Dive into the epic RPG world of Trinity Of The Fabled, developed by @OctavianStudio using #UnrealEngine5.
IDO Details:
- Register Interest: Apr 22-24, 1 PM UTC
- GAP Round: Apr 25-26, 1 PM UTC
- FCFS Round: Apr 27, 1 PM UTC
ARQx is an AI-powered decentralized jewelry brand that aims to bridge the gap between luxury and web3. The project is pioneering AI product design's minting and ownership rights, driving mass adoption by selling directly to retail and web3 and leading the physical NFC tech.
PairedWorld is the first and only protocol purposely built to authenticate and reward human interactions in the real world. It is powered by the $PAIRED token and a custom Zk-Proof Validium. PairedWorld introduces a groundbreaking incentivization layer for in-real-life interactions by transforming real-world engagements into gamified and rewarding experiences. Register Interest from April 22 to April 24, 1 PM UTC.
Trailblaze Public ICO (A Launchpad)
Trailblaze is a decentralized launchpad for blockchain startups with an exclusive KOL Portal, allowing for a gated zone with access to pre-IDO KOL-friendly rounds in the hottest web3 projects. An Angel Portal allows angel investors early access to pre-seed and seed investments.
DEEP-DIVE CRYPTO RESEARCH
1. Runes Protocol: Everything you need to know about Runes
The Runes protocol is a token standard for issuing fungible tokens on Bitcoin that seeks to give users a more efficient way of creating fungible tokens. Runes are set to launch in April 2024 on block 840,000, coinciding with the upcoming Bitcoin halving. This article will teach you everything you need to know about Bitcoin Runes.
What is Rune Protocol:
The Runes Protocol is designed for the Bitcoin network, allowing the creation and management of various types of digital tokens.
Bitcoin Runes uses a UTXO-based protocol, where each transaction starts by picking up pieces of Bitcoin that haven't been spent yet (like digital change) and uses them to create new transactions. Tracing each Bitcoin back to its creation ensures that every coin is unique and hasn't been falsely duplicated, giving you confidence that the Bitcoin you own or accept in a transaction is truly yours.
Compared to other protocols that may rely on off-chain data or special tokens, Runes utilizes Bitcoin's native features for on-chain data storage. This allows for less of the “junk” UTXOs we mentioned earlier, which can bog down the network, causing transactions to be slower, more expensive, and less reliable.
Founder:
In September 2023, the renowned developer Casey Rodarmor brought Runes into existence. Casey, the mind behind Ordinals, introduced this novel protocol aiming to inscribe data onto individual Satoshis, the smallest Bitcoin units.
Why You Should Care
Casey’s Baby
We can’t discuss why you should be excited about the Runes standard without mentioning its creator, Casey Rodarmor. A huge amount of the excitement around Runes comes from the fact that It has Casey’s name on it—his blessing the protocol and working on the core team adds a whole new layer of oomph to the project.
Bigger User Base
Runes has the potential to attract a wider audience. Before the Runestone project launched, Runestone, a pre-Runes NFT project, airdropped a free Runestone to wallets with 3 or more digital items (inscriptions) on the Bitcoin blockchain. With a market cap of approximately $330M as of this article’s release date, Runestone is attracting a lot of excitement around what holding this Ordinal could mean for receiving Runes.
Excitement isn’t the only factor that could attract more users. Ordinals and other NFT collections typically limit their size to preserve collectibility, but Runes and similar types of tokens can be made in much larger amounts. This means it's easier for more people to own them and join the community of collectors.
The attention around Runes as well as its accessibility could attract more worldwide adoption, something that is core to Bitcoin’s mission.
Enhanced Security and Stability
Runes could offer a more secure and reliable platform for token creation and transactions. By using the UTXO for on-chain data storage, it inherits the security model of Bitcoin for stronger safety features and a reduced risk of security holes, aka vulnerabilities.
Being UTXO-based also means that Runes will be more resistant to reorganizations, which are when the Bitcoin network has to choose between two versions of its transaction history. Being more resistant to reorganizations means Runes transactions are less likely to be affected by changes in the Bitcoin network's transaction history, providing greater stability for these transactions.
More Developers, More Fun
Runes makes creating and managing new tokens simple and streamlined for developers. For the user, this means more developers are willing to build, which means more tokens and more things to get excited about.
How to Get Ready for Runes
As we approach the launch of the Runes Protocol, users can prepare in a few ways:
Set up a Bitcoin wallet that’s compatible with Runes. Naturally, we’re team ME Wallet for this.
Stay up to date on any Bitcoin Runes announcements with Casey's Twitter, our main Twitter and our BTC account.
Make sure to get some Bitcoin. Since Runes operates on the Bitcoin network, having some Bitcoin in your wallet is essential for sending Runes and paying transaction fees.
Note: Magic Eden’s Runes-compatible wallet supports swaps. You can quickly swap your existing tokens on other chains to Bitcoin within the wallet.Check out Pre-Runes, which are Ordinal collections that have said they'll be delivering Runes to holders. You can see these on Magic Eden's Pre-Runes tab
Further reading:
2. 2024 Q1 Crypto Industry Report by Coingecko
Key highlights are listed below while you dig into the full 50 slides here
Bitcoin grew +68.8% in 2024 Q1, setting a new all-time high of $73,098
By April 2, US Spot Bitcoin ETFs held over $55.1B in assets under management (AUM)
Ethereum restaking on EigenLayer hit 4.3M ETH, a quarterly growth of 36%
Solana memecoins surged in 2024 Q1, with the top 10 growing by $8.32B in market cap
NFT trading volume across the top 10 marketplaces stood at $4.7B in 2024 Q1, with Magic Eden now leading in market share
Spot trading volume on centralized exchanges (CEX) hit $4.29T in 2024 Q1, the highest since 2021 Q4
Ethereum’s share of decentralized exchanges (DEX) trading volume fell below 40% as other chains gained more attention.
3. Register to join the Festival of Learning: FREE
This free learning event, hosted by Kraken, explores navigating digital assets beyond Bitcoin and Ethereum. It's titled "Exploring Beyond BTC and ETH: Navigating Digital Assets. Register here
Please Participate in the poll below:
CRYPTO HUSTLES/JOBS/Grants
As Grants Lead, your mission is to build a grants program that will 100x Safe’s impact and reach. You will also ensure that the grants program never compromises on Safe’s core values of decentralisation and public good sustainability.
The Brink fellowship for exceptional software engineers into Bitcoin protocol development.
As a Brink fellow, you’ll spend a year working alongside our engineering team and the other Brink fellows. You’ll learn about all aspects of the Bitcoin Core system, including consensus, peer-to-peer networking, wallets and cryptography. You’ll become an effective open source contributor, and will start making contributions to the project from day one. By the end of your fellowship, you’ll have a track record of high-quality, high-impact contributions to Bitcoin Core or other open source projects, and you’ll be very well positioned to seek funding or employment to continue your open source Bitcoin career.
The grant program awards year-long grants to established Bitcoin protocol developers to work full time on open source Bitcoin projects.
BOB to sponsor the Devcon Hackathon in Hong Kong.
To apply: https://app.web3port.us/event/detail/13 Developer docs:
Deadline: Submit online by April 20th.
CRYPTO TRADING
A trader who became a Millionaire in 2024 via GCR's trading patterns share's insights
To learn how to use its information correctly, you need A good understanding of the market and Trading knowledge. Strategies used include Double Top Double Bottom Pattern, Tripple Top Tripple Bottom Pattern, Trend continuation pattern etc.
There's a lot of interesting airdrops