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NFT Coins With Their High-Income Opportunities: Parody Coin (PARO), Flow (FLOW), And STEPN (GMT)

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NFT Coins With Their High-Income Opportunities: Parody Coin (PARO), Flow (FLOW), And STEPN (GMT)

Cryptocurrencies are all the rage these days. Everyone is talking about them, and many people are investing in them. But what are cryptocurrencies, and why are they so popular? In this blog post, we will discuss cryptocurrencies and provide an overview of three new coins that have high-income opportunities.

There Are No Liquidity Problems in Parody Coin (PARO)

Developed on Binance Smart Chain, Parody Coin (PARO) has already been purchased by many people. The project, which faced a great demand during the pre-sale process, carries hope for the future. The PARO token gives signals to increase its value and make its investors happy, especially in the first quarter of 2023. Parody Coin has an algorithm that uses multiple blockchains. Thanks to this algorithm, which enables the ecosystem to work in the fastest and most cost-effective way, swap transactions can be provided without any liquidity problems.

Along with a new type of NFTs called parody NFTs, parody versions of existing NFTs can be produced in the ecosystem’s NFT market. It is thought that this NFT market, eagerly awaited by the community, will significantly contribute to the ecosystem. PARO also offers many alternatives to earningpassive income. While providing income to its users with the staking program, it also provides payment with other BEP-20 tokens thanks to the Paroflection mechanism. The developers state that they want the project to become the most profitable for its investor.

Flow (FLOW) Is Immune Against Massive Declines 

The Cadence Flow (FLOW) blockchain programming language runs on separate storage space and is privately maintained. The Flow Blockchain is managed in a progressively decentralized (DAO) manner, where no one can make a big impact on the running of the network. Flow (FLOW) has also been affected by the recent massive declines in the cryptocurrency market.

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Although many cryptocurrencies crashed behind Bitcoin’s sharp fall, Flow suffered less than others. According to CoinMarketCap data, FLOW currently ranks as the 33rd best cryptocurrency as of 23 June 2022. The highest price of all time was $46.16, and the lowest price of FLOW was $1.25. FLOW is currently trading at $1.28. The circulating supply of the token is 1,004,200,000.

Earn By Walking: STEPN (GMT)

STEPN (GMT) operates on the Solana (SOL) blockchain. The Solana network performs much faster than the Ethereum blockchain. The project team broke new ground in crypto by combining the P2E (play-to-earn) system with fitness.

They built a practical app where individuals can earn money by walking. Members can win NFT awards by taking an outdoor walk with the NFTs of shoes they have obtained through the application. The application offers a simple and user-friendly interface considering those who are not familiar with the crypto market in the first place.

Conclusion

It’s important to do your research before investing in any cryptocurrency, but it seems that Parody Coin (PARO) may be a good currency to purchase. The coin is still young and has plenty of room for growth, so keep an eye on it as it continues to develop. Flow (FLOW) and STEPN (GMT) are also worth considering if you want to add some new coins to your portfolio.

More information on Parody Coin (PARO):

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Presale Registration: https://presale.parodycoin.io/register

Website: https://parodycoin.io/

Telegram: https://t.me/PARODYCOIN_OFFICIAL

The post NFT Coins with Their High-Income Opportunities: Parody Coin (PARO), Flow (FLOW), and STEPN (GMT) appeared first on .

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Warning! Gnox (GNOX), Bitcoin (BTC) And Fantom (FTM) Bullish Movement In Late August Confirmed

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Warning! Gnox (GNOX), Bitcoin (BTC) And Fantom (FTM) Bullish Movement In Late August Confirmed

The market is seeing a lot of bullish activity in the last few days of August and this is being led by Gnox, Bitcoin and Fantom. All three of these digital assets have seen significant gains in the last week, and crypto experts believe this is set to continue in the coming days.

 

Gnox (GNOX)

Gnox has been one of the biggest gainers in the past few months, rising by more than 60%. The reasons for the steady surge in Gnox’s price are its strong passive income utility and business model. In addition, its official launch has been highly anticipated by the Gnox community and has finally arrived. The launch has been successful and has seen a lot of positive reactions from investors.

Gnox, the first reflection token ever created, provides a service for farming yields. Its token is a single investment vehicle that exposes investors to DeFi and the yields found within the sphere.

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Bitcoin (BTC) 

Bitcoin, the world’s largest digital asset by market capitalization, has also seen a lot of bullish activity in recent days. The price of Bitcoin has risen by over 5% in the last week and is now trading at around $24,500 at the time of writing. This is a big increase from the $18,500 level that Bitcoin was trading at just a few weeks ago. The reason for Bitcoin’s surge is the increasing demand for digital assets from institutional investors.

 

Fantom (FTM)

Fantom was also posting double-digit gains, up 13.82% at $0.41 at the time of writing. This follows partly because Binance launched FTM Locked Staking with up to 18.70% rewards for users.

Fantom is another rapidly growing DeFi project that was created to compete with Ethereum. Fantom was created to address the problems associated with other cryptocurrencies, such as slow transaction speeds and high fees. It can process up to 30,000 transactions per second, whereas Ethereum can only process about 15 per second. Fantom intends to accomplish this in part through their “Opera” mainnet.

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Learn more about Gnox:

Join Presale: https://presale.gnox.io/register

Website: https://gnox.io

Telegram: https://t.me/gnoxfinancial

Discord: https://discord.com/invite/mnWbweQRJB

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Twitter: https://twitter.com/gnox_io

Instagram: https://www.instagram.com/gnox.io

The post Warning! Gnox (GNOX), Bitcoin (BTC) And Fantom (FTM) Bullish Movement In Late August Confirmed appeared first on .

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Philippines’ Unionbank To Support Cryptocurrency Exchange Via Mobile App

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Philippines’ Unionbank To Support Cryptocurrency Exchange Via Mobile App

Union Bank of the Philippines, commonly known as Unionbank, has announced the upcoming launch of another crypto service for its clients. The financial institution will offer select users of its mobile app the option to exchange bitcoin and other digital currencies without a separate wallet.

Unionbank to Add In-app Crypto Exchange Feature, Reportedly a First in the Philippines

The Union Bank of the Philippines (Unionbank) is working to become the first universal bank in the country to facilitate cryptocurrency exchange within its mobile application. Users will be able to buy and sell cryptocurrencies such as bitcoin directly from the banking app, the lender said, doing away with the need to have a third-party wallet.

In a statement quoted by the ABS-CBN broadcasting network, Unionbank shared its view that blockchain is a technology that will power the future of banking. “At the same time, we also recognize that cryptocurrency has been one of the services that a lot of customers are already looking for, especially the younger generation, and this demand was accelerated by the pandemic,” commented Cathy Casas, head of digital asset markets, blockchain and application programming.

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Unionbank, which is one of the top 10 banks by assets under management in the Philippines, has already established itself as a crypto-friendly institution. About a year ago, it announced preparations to pilot a custody service for cryptocurrencies, and in January of this year, the bank unveiled a plan to facilitate crypto trading.

The new exchange functionality will initially be offered to randomly pre-selected users of the banking app, Unionbank explained, but emphasized it will aim for a wider rollout in the near future. Senior Executive Vice President, Chief Technology and Operations Officer, and Chief Transformation Officer Henry Aguda has been quoted as saying:

Not only does this help us ensure that the bank is more future-ready, we are also able to serve the needs of our customers who use cryptocurrencies.

The top executive added that the in-app crypto exchange feature is among the projects the bank is working on as it prepares to enter the metaverse. Another initiative in the same direction is the partnership with NFT game Art of Dreams which was announced in April. The bank also intends to launch a Metaverse Center of Excellence in the coming months.

While the platforms of some digital banks in the Philippines, like Maya, are already offering exchange options for crypto assets, Unionbank will be the first major traditional lender to implement one. The bank is a licensed cryptocurrency exchange. Bangko Sentral ng Pilipinas, the country’s central bank, is the authority that issues licenses to crypto trading platforms and service providers in the Philippines.

Tags in this story

App, application, Bank, Bitcoin, Crypto, crypto exchange, Cryptocurrencies, Cryptocurrency, Cryptocurrency Exchange, Exchange, Feature, function, launch, Mobile App, Philippines, service, unionbank

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Do you expect other banks in the Philippines to offer crypto-related features in their mobile apps? Tell us in the comments section below.

Lubomir Tassev

Lubomir Tassev is a journalist from tech-savvy Eastern Europe who likes Hitchens’s quote: “Being a writer is what I am, rather than what I do.” Besides crypto, blockchain and fintech, international politics and economics are two other sources of inspiration.

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Image Credits: Shutterstock, Pixabay, Wiki Commons, Walter Eric Sy

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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Soccer Clubs FC Barcelona And Real Madrid File Joint Trademark Application For Metaverse Activities

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Soccer Clubs FC Barcelona And Real Madrid File Joint Trademark Application For Metaverse Activities

Two of the biggest soccer clubs in Spain, Real Madrid and FC Barcelona, have applied to receive trademarks for some elements in the metaverse. The clubs have introduced an application that encompasses different activities and services that they can conduct in the metaverse, including a cryptocurrency wallet and the possibility of selling virtual merchandise.

Real Madrid and FC Barcelona Interested in the Metaverse

Sports teams are now moving their activities to the metaverse, in order to create new profit sources and also to improve feedback and their relationship with fans. Recently, two of the biggest soccer clubs in Spain, Real Madrid and FC Barcelona, have filed a joint trademark application to offer several services in the metaverse.

Trademark Attorney Michael Kondoudis first reported about the trademark application on social media, reporting that it was filed on August 5. The trademark filing indicates that the two clubs may be interested in offering their own cryptocurrency wallets. The application also hints at a possible metaverse gaming software, as it makes reference to “virtual reality software.”

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The filing also makes reference to virtual apparel, such as clothing, footwear, and headgear.

Crypto Background

The crypto environment and the metaverse is not new to either of these two teams which introduced the trademark applications. Both have been involved in crypto and NFT endeavors before. Real Madrid partnered with Sorare, an NFT collectible company, to allow it to offer collectibles of its players on Sorare’s NFT market back in 2020. After this, in 2021, the soccer team announced that it would issue Smart Tickets in the form of NFTs for its audience, in partnership with LAVA.

FC Barcelona has been even more involved in the cryptocurrency world, having issued its own fan token that allows users to have a say in certain decisions regarding the club. Also, FC Barcelona reported that NFTs and the metaverse were part of its expansion strategy, and launched Barca Studios, a new division to focus its products in these areas in March.

Furthermore, the club recently sold almost a quarter of this new division to Socios.com, a fan engagement token company, for $100 million in a transaction directed to reshape the strategies of the club in the Web3 and metaverse space.

Tags in this story

barca studios, Cryptocurrency, FC Barcelona, LAVA, Metaverse, mike kondoudis, NFTs, Real Madrid, soccer, Socios.com, trademark filing, Virtual Reality

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What do you think about the joint trademark filing of Real Madrid and FC Barcelona? Tell us in the comments section below.

Sergio Goschenko

Sergio is a cryptocurrency journalist based in Venezuela. He describes himself as late to the game, entering the cryptosphere when the price rise happened during December 2017. Having a computer engineering background, living in Venezuela, and being impacted by the cryptocurrency boom at a social level, he offers a different point of view about crypto success and how it helps the unbanked and underserved.

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Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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