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How to Buy Oasis Network (ROSE)

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How to Buy Oasis Network (ROSE)

Want to jump straight to the answer? You can buy Oasis Network on Coinbase.

As crypto has become more popular in recent years, many of the most popular blockchains are struggling to keep up with the rising demand for transactions. As a result, transaction fees have soared on many blockchains. This is where Oasis Network steps in. It has created a blockchain that it believes is ready to be scaled while still allowing for low transaction fees.

What is Oasis Network (ROSE)?

The Oasis Network is a Layer 1 blockchain made up of two components: the consensus layer and the ParaTime layer. Both layers have their own unique functions that allow the chain to be fast and reliable.

The consensus layer allows for transactions to be processed through a proof-of-stake (PoS) system. In this system, validators give some of their ROSE position to the blockchain. Once they do this, they can verify transactions and earn rewards for doing so. 

The other layer of the chain is the ParaTime layer. This layer is reserved to host the computational power needed to run decentralized applications (dApps) on the chain. Anyone can create projects on the chain. Additionally, the chain uses a trusted execution environment (TEE) that encrypts and decrypts all smart contracts before they are deployed onto the chain. This feature is meant to protect the privacy of developers.

The Oasis Network team currently has three ParaTime chains on the network. The Emerald ParaTime is an Ethereum Virtual Machine (EVM)-compatible network that allows developers to create projects with low fees and high throughput. The Cipher ParaTime is the smart contract application that is heavily privacy based. The Parcel ParaTime stores data and oversees chain governance.

The ROSE token powers the chain. It serves multiple purposes. First, it is used in Oasis Network’s PoS system. It can be staked and given as a reward, with 2.3 billion tokens out of the 10 billion supply reserved for stakers. Additionally, the token is used to cover transaction fees. The 10 billion token supply is divided into the following categories:

  • 23.5% – staking rewards
  • 23% – backers
  • 5% – strategic partners and reserve
  • 18.5% – community and ecosystem
  • 10% – foundation endowment
  • 20% – core contributors

Brief History of Oasis Network (ROSE)

Oasis Labs is the company that is the core developer of the Oasis Network. It was founded in 2018 by Dawn Song, a University of California, Berkeley professor. The first couple years were spent developing the network. In late 2020, the ROSE token was released to public exchanges. The project has attracted over $45 million in investment from a variety of venture capital firms, such as Binance Labs and Blockchain Capital. 

The ROSE token hit all-time highs of nearly $0.60 in early 2022. However, it is currently trading under $0.20.

How to buy Oasis Network (ROSE)

1 Minute Review

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Coinbase is one of the Internet’s largest cryptocurrency trading platforms. From Bitcoin to Litecoin or Basic Attention Token to Chainlink, Coinbase makes it exceptionally simple to buy and sell major cryptocurrency pairs. 

You can even earn cryptocurrency rewards through Coinbase’s unique Coinbase Earn feature. More advanced traders will love the Coinbase Pro platform, which offers more order types and enhanced functionality.

Though Coinbase doesn’t offer the most affordable pricing or the lowest fees, its simple platform is easy enough for complete beginners to master in as little as a single trade.

Best For

  • New cryptocurrency traders
  • Cryptocurrency traders interested in major pairs
  • Cryptocurrency traders interested in a simple platform

Pros

  • Simple platform is easy to operate
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  • Coinbase Earn feature rewards you with crypto for learning about available coins

Cons

  • Higher fees than competitors
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Now that you have a basic understanding of the Oasis Network and the ROSE token, you may be interested in purchasing the token. Fortunately, the process is fairly straightforward.

  1. Open an online account.

    The first step in purchasing the ROSE token is to open an account on a crypto trading platform that supports the token. As of right now, Coinbase Global Inc. (NASDAQ: COIN) and Gate.io are the best trading platforms that offer the token. These are known for their ease of use, security and low fees.

    To open an account, head over to the website and sign up using an email and password. You may have to provide some basic personal information to verify your account. You can then fund it by connecting your bank.

  2. Buy a wallet (optional).

    While storing your position on a crypto trading platform may be the easiest, it may not be the safest and does not allow you to use the tokens outside of the trading platform. Wallets can fix this by giving users full discretion over their funds. 

  3. Make your purchase.

    With your funded account, use the search feature to find the ROSE token on the trading platform. Then enter the amount to purchase ROSE with and execute the trade. From there, your ROSE tokens will be stored in your portfolio and can be accessed at any time.

Best Crypto Wallets for ROSE Tokens

Best Hardware Wallet: Ledger

buy now securely through Ledger Hardware Wallet’s website

1 Minute Review

Launched in 2014, Ledger has transformed into a fast-paced, growing company developing infrastructure and security solutions for cryptocurrencies as well as blockchain applications for companies and individuals. Born in Paris, the company has since expanded to more than 130 employees in France and San Francisco.

With 1,500,000 Ledger wallets already sold in 165 countries, the company aims at securing the new disruptive class of crypto assets. Ledger has developed a distinctive operating system called BOLOS, which it integrates to a secure chip for its line of wallets. So far, Ledger takes pride in being the only market player to provide this technology.

Best For

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  • ERC-20 tokens
  • All experience levels

Pros

  • Easy to set up and use
  • Supports more than 1,500 different digital assets
  • Tamper proof
  • Portable
  • Long-lasting battery
  • Bluetooth connectivity features

Hardware wallets are physical devices that store the private codes needed to send crypto. If the physical device is not present to confirm transactions, then crypto cannot be sent.

Ledger is a leading brand of hardware wallet known for its safety and usability. It currently offers Nano S and Nano X models. The Nano S offers basic features while the Nano X is designed for easier use with bluetooth connectivity and a larger screen. 

The ROSE token is not directly supported by Ledger, so you will have to combine it with a software wallet, such as MetaMask.

Best Software Wallet: Coinbase Wallet

Software wallets store private keys online. Most software wallets are either programs or Chrome extensions. Coinbase Wallet is a wallet from Coinbase that allows users access to decentralized finance (DeFi) projects.

If you are looking for an easy and quick way to obtain ROSE, Coinbase Wallet is probably the way to go. It has a smooth interface and supports hundreds of tokens.

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Bonus section: Keep an eye on ROSE’s trading volume. This solid indicator of the number of users could influence the success of the project. 

Trade, Sell or Convert your Oasis Network (ROSE)

To sell your ROSE tokens, you can either convert them directly to USD or convert them to another token. To convert them to USD, use the “Sell” feature on the token’s page, which can be accessed through your cryptocurrency exchange account.

To convert to another token, use the “Convert” feature and select the token you would like to convert to. It is important to keep in mind that ROSE cannot be converted to many other tokens at this point in time. 

Current Crypto Prices

The first quarter of 2022 was one of the worst to date for the crypto markets. Major tokens slid 30% to 50% and do not show signs of slowing down. Many are wondering if we are getting close to the bottom or if further price drops are in the future.

Regardless of where the markets are going, it is important to stay updated in terms of crypto prices. Make sure to check out Benzinga’s up-to-date crypto price table to stay on top of current crypto prices. 

Is Oasis Network (ROSE) a Good Investment?

As of right now, the Oasis network is still trying to gain traction in the crypto world. It faces huge competition from the likes of Ethereum (ETH) and Avalanche (AVAX). However, if it can begin to create some real use cases, then it may be able to attract more users. If it cannot gain users, then the token may depreciate.  

Metaverse

Dubai Couple Ties The Knot In The Metaverse

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Dubai Couple Ties The Knot In The Metaverse

A Dubai based couple has decided to be wed in the metaverse after legal problems stemming from their nationalities initially forced them to tie the knot in Georgia in 2019. After the wedding, the couple said they will use their own experience to help others get married in the metaverse as well.

The Metaverse After Wedding Party

After encountering legal troubles registering their marriage, Florian Ughetto, a French national residing in Dubai and his fiancee, Liz Nunez, were reportedly planning to wed in the metaverse on May 19. The couple said the decision to tie the knot in the metaverse comes nearly three years after they got married in Georgia.

According to a report by the Blockchain Group, the couple’s wedding outfits were acquired via Opensea, a non-fungible token (NFT) marketplace. The report also said 20 of the couple’s closest friends would join them via the metaverse.

Explaining the steps that the couple will take exchanging vows, the report said the soon-to-be husband and wife would go to a location in the metaverse for the after-wedding party.

Metaverse Wedding Company

As per the report, the couple got married in Georgia in 2019 after they encountered problems registering their union locally due to their nationalities.

“That is one of the reasons why we chose to fly to Georgia to register our marriage,” the report quotes Ughetto explaining.

Meanwhile, the report said the couple has since established their wedding planning company that will specialize in virtual weddings. The couple hopes to use their metaverse wedding experience as a test run.

While the final cost of the ceremony has not been revealed, the report estimates this to be over $800 or DH3,000.

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What are your thoughts on this story? Tell us what you think in the comments section below.

Terence Zimwara

Terence Zimwara is a Zimbabwe award-winning journalist, author and writer. He has written extensively about the economic troubles of some African countries as well as how digital currencies can provide Africans with an escape route.

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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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CBC

Cyprus Drafts Crypto Rules, May Introduce Them Before EU Regulations

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Cyprus Drafts Crypto Rules, May Introduce Them Before EU Regulations

Cyprus has prepared its own legislation to regulate crypto assets and is likely to adopt it before Europe finalizes a common regulatory framework, a government official has indicated. The authorities in Nicosia welcome the “careful” use of cryptocurrencies, he added.

Government of Cyprus to Submit ‘Attractive’ Crypto Bill

Cyprus has an “enviable position” in the EU when it comes to innovation, with the second-best progress last year, according to the European Innovation Scoreboard, the country’s Deputy Minister for Research, Innovation and Digital Policy Kyriacos Kokkinos stated at a meeting with the local fintech community. The event was devoted to digital assets, entrepreneurship and financial technology.

Commenting on the future of digital assets in Cyprus, including cryptocurrencies, the minister walked a fine line between embracing innovation and having to pay heed to laws, the Cyprus Mail wrote in a report on Thursday. Quoted by the English-language daily newspaper, Kokkinos elaborated:

I can tell you that Cyprus welcomes the use of digital and crypto assets, but we still need to be very careful and respect not only the regulations currently in place but also the absence of any regulations.

The government representative gave an example with Malta, the regulatory framework of witch attracted many crypto companies and investors but also led to increased scrutiny and investigations into some of its companies and banking institutions. “We have to be careful of the frameworks of the European Union since we are a member state,” Kokkinos emphasized.

The deputy minister then revealed that the Cyprus government has already drafted a “very attractive bill on crypto assets.” The legislation has been published and interested parties can review it, he pointed out. The executive power has also commissioned a New York-based firm to assist the island nation with the implementation of the regulations.

“Our challenge is not being aligned with the EU, it’s about the dilemma of whether to wait for the ECB to finalize their own regulatory framework or do we go alone on our own, with the former scenario also involving the possibility of that framework being overregulated,” Kyriacos Kokkinos remarked. “My answer is that we will go at it alone while respecting the rules,” he added.

The deputy minister acknowledged that certain challenges exist, including some disagreements between the government and the Central Bank of Cyprus (CBC). “We must remember that the CBC is subject to the ECB and central banks tend to be conservative, so our job is to challenge them through the debates we are having with them,” he told the audience at the event which took place in Larnaca.

Tags in this story

CBC, Central Bank, Crypto, crypto assets, Cryptocurrencies, Cryptocurrency, Cyprus, deputy minister, ECB, EU, European Union, Fintech, Government, innovations, legal framework, Regulation, Regulations, rules

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Do you expect Cyprus to introduce crypto regulations before the European Union? 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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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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AVAX Hackathon

MetaOasis AVAX Hackathon News Report

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MetaOasis AVAX Hackathon News Report

press release

PRESS RELEASE.

MetaOasis Wins the Double in Hackathon Competitions

Three months ago, MetaOasis won the championship in Metaverse Alliance 2021 Global Metathon. Three months later, MetaOasis got the most votes and beat 112 competitors in the recent Avalanche Asia Hackathon. Therefore, MetaOasis will become the first project that wins the double in international hackathon competitions in the gamefi history.

What worth mentioning is that Avalanche Asia Hackathon set up an algorithm mechanism which can prevent repeated voting. That’s to say, all votes were from loyal supporters of the project, which makes the votes be of great value, and it also shows that MetaOasis deserve the championship by having the strength with strong and real user base.

Who is the Champion-MetaOasis?

MetaOasis is the next-generation game publishing platform linking Web2 and Web3. Meanwhile, MetaOasis will launch the first self-developed big game, making it the core to gather excellent game around the world into MetaOasis.

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As the first gamefi that can provides players with a rich and interesting experience like traditional games, MetaOasis is confident that it will attract more traditional players into the platform. Moreover, a series of revolutionary initiatives within the platform will continue to help users and empower developers.

For Users: Low Threshold but More Fun

MetaOasis built a “buffer zone” for new users, especially for the traditional internet users to come into WEB3.0. Through the innovative “inter-linked account” mechanism, “buffer token” mechanism, and compatible with the traditional game IAP (In-App Purchase) channel, users can choose either quick registration to experience the platform first or immediate registration for blockchain wallet, which avoids traditional users’ excitement diminishing due to the learning difficulty and financial risks of entering the blockchain space, and enables users to enter the WEB3.0 world more smoothly.

MetaOasis used a professional game engine, and through the disclosed video, we can see the definition of MetaOasis’s frames is at a high level. Moreover, MetaOasis is built by a mature R&D game company with more than 100 employers and a blockchain technology team. Therefore, different from other gamefi which are not attractive enough, MetaOasis offers multiple ways for players to play: battle, construction, exploration, collection, mission, social, etc. For example, MetaOasis encourages players to participate in social activities as well as challenging others in the form of parties, or occupy other players’ lands, and eventually get the rewards! MetaOasis makes gamefi get back to game, and allows players to have fun.

For Developers: More Users, Stronger Empowerment

MetaOasis is not only a platform to create content for professional R&D teams, but also a series of strong empowerment by offering instruction of gamefi change for researchers and developers.

NFT Interoperation

MetaOasis changed the situation that different gamefi NFTs are unable to inter-operate with each other with a well-designed solution MNP30(MetaOasis NFTs Protocol, as shown below) for the industry. In a few words, it allows users to accumulate and interoperate their NFTs owning in different games of the platform or other achievements by building a set of exchange standards and protocols, and this will lower the threshold of repeated user investment to a certain extent and also make the value of user accumulation more sustainable.

SDK for Multiple Platforms and Development Tools

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High-qualified content is the key to attract users, therefore MetaOasis hopes that developers focus on applications or games, and provide a series of SDKs for developers to deploy mechanisms without too much effort. Moreover, the SDK is suitable for a variety of platforms and development tools, which means that whether it is a project for WebGL or a traditional game developed by Unreal or unity, it can all be covered. At the same time, based on open digital identity and home, MetaOasis will also offer some development tools to users, allowing all users participate in UCG development.

Sharing the Platform Ecosystem

Content-creators can share the advantages of the platform ecosystem in community traffic, marketing, technology resource, etc, making their works being more likely to be approved in the market. Those contents approved by most people will be shown in the MetaOasis metaverse in the form of special stars, building a game world which keeps developing and changing, together with mainverse games.

Overall, MetaOasis has shown the potential to truly become a next-generation game publishing platform, giving us a glimpse of the new development direction and prosperity of the gamefi ecosystem. Meanwhile, Project CH, the first core project of MetaOasis, has also revealed a large number of milestone achievements with high degree of completion and complexity, which gives us every reason to expect that an epoch-making project will come out soon.

About MetaOasis

MetaOasis is the next-generation game publishing platform linking Web2 and Web3. MetaOasis reduces the entry threshold of Web2 users by building the infrastructure of Web2 and Web3 integration and also provides a series of tools for Web3 game developers to solve user login and payment problems. Allow developers to focus on making products.

Meanwhile, MetaOasis will release the main universe game that meets the game’s specifications as well: Project: CH, and self-developed ecological games such as “Puzzle Game” and “Embassy Planet” are already online.

Contact

Official Website: https://www.metaoasis.cc/

Twitter:https://twitter.com/Metaoasis_ @Metaoasis_

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Discord: https://discord.gg/metaoasis

Telegram: https://t.me/metaoasis

Medium:https://metaoasis.medium.com/

Reddit: https://www.reddit.com/user/Meta-oasis/

Youtube: https://www.youtube.com/channel/UCGLcR_Q72Uvpjf-NDuLgc6Q/featured


This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not 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 the press release.

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