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CATEGORY: crypto cards


Top 5 Crypto-Friendly Banks for Investors and Enthusiasts

Author: Kieth Rean Garcia
Germany
Mar 26, 2023 11:45

Top 5 Crypto-Friendly Banks for Investors and Enthusiasts

Cryptocurrencies have been gaining mainstream adoption in recent years, but not all banks are equally supportive. If you're looking for a bank that is friendly to crypto enthusiasts and investors, consider these top crypto-friendly banks. From US-based BankProv to Coinbase, these banks offer various services and features to help you access and manage your crypto funds with ease and convenience. Read on to find out more.

Feb 14, 2023 10:45

Swipe Into the Future: Top 5 Cryptocurrency Credit and Debit Cards of 2023

In this article, we will be looking at the top 5 cryptocurrency credit and debit cards of 2023. Let's take a look at it.

Dec 17, 2022 07:05

SORARE barely benefited from the World Cup…END of NFT Cards?

The World Cup is about to end, while Sorare barely took advantage. Is it still good to play NFT games? Let's analyze in this Sorare review.

Oct 19, 2022 07:05

Nuri Crypto is Officially Bankrupt – Withdraw your Funds before THIS Date!

Nuri crypto managing director Kristina Walcker-Mayer announced the official bankruptcy. What happened to Nuri crypto?

Crypto cards to connect digital assets to the real world, says exec

Author: Cointelegraph By Ezra Reguerra
United States
Oct 07, 2022 04:40

Crypto cards to connect digital assets to the real world, says exec

Simone Binotto Torre explained that some parameters like geography can make it difficult for crypto cards to have broader adoption.

Feb 22, 2022 11:35

The Use of Crypto Cards with Cashback Grows in Argentina

Argentine businesses are offering a variety of payment options, including cryptocurrencies through wallets like 'Balo.'

Continue reading The Use of Crypto Cards with Cashback Grows in Argentina at DailyCoin.com.

Nov 06, 2021 07:05

This NFT Company got PRAISED by the French President Macron…Meet Sorare!

If you don't know what Sorare crypto is, stick around till the end of this article. We're going to see what Sorare is, and why investing early in this project might be a good idea.

Non-Fungible Tokens are proving to be here to stay. After many ups and downs, most NFTs still hold their values irrespective of the cryptocurrency market. When you hold something valuable for you, its value should be preserved. This is especially true if you're holding something on a blockchain. Many projects tried to start selling NFTs art and NFT cards, but few are the ones that have mainstream adoption.

Sorare is a company that tapped into NFT cards but at the same time has mainstream exposure. Unlike other NFT projects that sell chipmunks and lame art, Sorare is bringing a game loved by Millions if not Billions: Football.

What is Sorare Crypto?

Sorare is a French Fintech startup that allows users to build their own digital Football teams. Founded in 2018, the company first had the idea of creating an NFT marketplace of collectible cards for various football players and football clubs. This led to a first-round of series A financing of around 40 million euros. This year in September 2021, the company closed the second round of series B financing and got around 680 million euros. This was made possible thanks to several big names such as the Japanese FinTech SoftBank, alongside other venture capital funds, such as Benchmark, Accel and Headline, Atomico, Bessemer Venture Partners, and D1 Capital.

https://twitter.com/sorare/status/1440185757319110661

This significant valuation drew the attention of the French president Emmanuel Macron, who directly posted about the event on his private Linkedin account. He praised the french FinTech scene and specifically Sorare for being able to breakthrough and lift the country's name higher.

Translation: Starting the year strong, nothing less than a new record (French and even European) of fundraising for French Tech! France counts with Sorare, the start-up of exchange of digital football cards, a new "unicorn". Let's continue to empower our entrepreneurs to build digital champions! - Emmanuel Macron

How many Football Clubs does Sorare host?

To date, Sorare boasts more than 200 clubs officially licensed. They also add new clubs every week, which keeps the momentum of the company strong. Usually, whenever you have a company that is active and always stays up-to-date, this is a great sign of a solid team behind the company.

Additionally, the company has to date 38 covered leagues. All those achievements are done thanks to strategic partnerships across clubs and associations. That's why this project looks like a promising investment.

What are the Rarities of the Cards?

Currently, there are 4 rarities for the Footballers' cards on Sorare:

  • Limited: 1,000 per season
  • Rare: 100 per season
  • Super Rare: 10 per season
  • Unique: 1 per season

Each collectible card of a footballer shows his name, country, age, position, and rarity.

Is Sorare a Good Investment?

Usually, investing in a company that is just starting to shine and is still somewhat underground is the perfect investment. For Sorare, not only did the company tap into a hot industry (Blockchain and NFT), but the French President praised the company worldwide, which gives significant credibility to the company. Usually, NFTs are somewhat underground, and presents insignificant "bad art". Sorare played it smart and combined all the big elements that would bring it to the mainstream: Football, Football clubs, Fans, Coaching, and NFT.

If the company continues making great partnerships and delivers on its promise to continue in its tech operations, the project will most likely succeed and yield its early investors big time.

Sorare Crypto© Cryptoticker

The post This NFT Company got PRAISED by the French President Macron…Meet Sorare! appeared first on CryptoTicker.

Will Mutant Cats Be Valuable In The Future?

Author: Owotunse Adebayo
Germany
Oct 31, 2021 06:15

Will Mutant Cats Be Valuable In The Future?

The non-fungible token industry welcomes various collections of NFT artworks. This new interest in digital products has led to more NFT marketplaces for the sales of rare items. Unlike fungible tokens like Bitcoin and Ethereum, NFTs thrive because of their rarity. Fungible tokens are one-of-a-kind items, pushing sales at mouth-watering prices. In this article, we will be looking at Mutant Cats and if they will be valuable in the future.

What are Mutant Cats?

According to the website, Mutant cats is the first DAO purchasing and fractionalizing cool cats, CryptoPunks, and other blue Chip NFTs. The site explained that $FISH represents shares of cool cats that are in vaults. Similarly, holders of the NFTs earn 10 $FISH daily through staking.

In addition, Mutant Cats gives access to DAO voting rights and rewards. It also assured that the DAO would provide holders with access to NFT drops and other notable bonuses. Describing the cats, the site read that "an infectious disease has widespread on Ethereum, causing cats to mutate and attract fish." This disease led to the mutation of the cats, giving them a strange and colorful look. Presently, the community has staked around 91% of the Cat NFT, leaving 9%.

Mutant cats may be the next big thing in the NFT industry, especially after its debut was an immediate success. The NFT collection is about 9999 cats with beautiful and vibrant colors. However, most cats also look strange and mutated, such as cats with only skeletons or even one with melted skin. Unlike cute and fluffy cats, which the NFT community has grown familiar with, Mutant cats shift from the norm. Still, the cats recorded an impressive trading volume when they debuted.

What is DAO?

A decentralized Autonomous Organization (DAO) means that a central body doesn't control voting rights. Digital assets and cryptocurrencies usually have this feature, giving rise to divided powers over various computers. At first, developers created DAO as an automated and decentralized organization for improving decentralization and security.

Programmers made the system to eliminate human errors or manipulation in digital assets. Today, DAO gives asset holders the power to have a say on crucial decisions. This open-source system attempts to drive decentralization by crowdsourcing. In 2016, the DAO project launched officially, raising millions of dollars from token sales.

When using DAO, only organization members have the power to make decisions. Similarly, regulations and guidelines are written as codes, eliminating the need for supervision. As a result of DAO support, organization members will make crucial decisions for the Mutant Cat NFT. Besides Mutant Cats, other projects and protocols also utilize DAO for fitting and effective decision-making.

Blockchain aims to give individuals the liberty to make decisions, contrary to the real world. In the real world, countries have centered bodies that make decisions on behalf of the people, but DAO eliminates those bodies and gives power to the people.

How Does Mutant Cats Work?

Mutant Cat works by prioritizing a decentralized autonomous organization. As a result, holders can vote on decisions and also enjoy royalties received from some NFT marketplaces. However, the NFT uses funds from royalties to buy other non-fungible tokens, such as the Cool cats. After this, they fractionalize the NFT and distribute some to holders. That said, holders received the fractionalized tokens as $FISH, also Mutant Cat's native token.

Many people love the initiative, attracting interested buyers to purchase the new NFT. The thing is, Cool cats are pretty expensive right now, priced at around 10 ETH. But when buyers hold Mutant Cats, they get fractionalized parts of Cool cats purchased from royalties proceedings.

Another crucial thing to note is that Mutant Cat has purchased around 10 Cool cats valued at almost $400,000. While it used a considerable part of its treasury to buy the expensive NFTs, still, it hopes to extend to other tokens. Mutant cats plan to purchase other known tokens like cryptoPunks. When you own the NFT, you can also choose to stake it to earn attractive rewards.

Looking at Mutant Cats, it's safe to say that it has a lot of potentials. People who cannot afford Cool cats would own fractionalized pieces of the expensive NFT when they hold Mutant Cats.

Will They Become Valuable In The Future?

Today, many NFTs have skyrocketed in value, despite not being fungible. We can attribute the growth to people's rising interest in unusual and fascinating artworks. An example is Beeple's famous digital painting "EVERYDAYS: THE FIRST 5000 DAYS," which sold $69 million. The sale makes it the most expensive NFT to date. Although most NFTs don't come close to Beeple's work in terms of value, many are gradually attracting deep-pocket individuals.

Another valuable NFT is the CryptoPunk piece. The priciest CryptoPunk is one of the nine alien punks, and the highest bidder purchased it at $7.58 million. Interestingly, buyers commenced bidding in 2017. But it finally sold when people valued digital artworks, helping it land a wealthy buyer.

Similar to CryptoPunk, Mutant Cats have varieties of captivating pictures. This could help it become the next sensation on the internet. Buyers are always in search of something original and unique. With this, Mutant Cats could become more valuable in years to come. Also, when it launches the next phase, there's a likelihood to stir some attention for a higher value.

Conclusion

Mutant Cats is an interesting NFT as creators presented them as mutated Ethereum cats. Also, the project aims to fractionalize some known non-fungible tokens from funds in its treasury. This will help holders own other arts, such as CryptoPunks and Cool Cats.

Mutant Cats© Cryptoticker

The post Will Mutant Cats Be Valuable In The Future? appeared first on CryptoTicker.

Top 3 Crypto Debit Cards To Use For Online Transactions

Author: Owotunse Adebayo
Germany
Oct 20, 2021 07:20

Top 3 Crypto Debit Cards To Use For Online Transactions

Cryptocurrency is now one of the most consistent financial instruments in the market in the last few years. Save for volatility, digital assets have become the pick of most traders in the financial space. With that, most traders are looking for ways to buy a lot of the assets. For the ease of purchasing assets, traders are looking for crypto debit cards to buy assets. The debit cards help users in purchasing assets online, in selected stores, and can also use it to withdraw in ATMs. In this article, we will be looking at the top 3 crypto debit cards for traders in the market.

What Are crypto Debit Cards?

Crypto debit cards are used to buy crypto or withdraw crypto from ATMs. To fund the debit card, traders can send cryptos from the wallet into it. Besides sending from wallets, traders can also top up the card from crypto exchanges or crypto payment providers. Some of the most popular and efficient crypto debit cards are either supported by Mastercard or Visa. This is because they are the biggest payment companies in the world.

The card allows traders to hold the fiat equivalent of their assets. In this way, the transactions processed on the card mirrors that of a typical card transaction. Traders can use the card to purchase different goods and services in selected stores that accept crypto debit cards. They can also use it to withdraw from crypto ATMs.

How Does A Crypto Debit Card Work?

The company in charge of the card allows traders to top up their crypto debit card using various means. Asides from topping up from crypto exchanges, users can send crypto from their wallets to the card. Traders can also top up their crypto debit card using other digital assets supported by the payment merchant.

The majority of the companies use either MasterCard or Visa. This means that traders can use the debit card in any of their supported outlets. The crypto debit card should not be confused as belonging to crypto as the digital asset does not have a company backing it. Most of the companies with debit cards are crypto exchanges that have teamed up with payment merchants.

Top 3 Crypto Debit Cards In The Market

3- BlockFi

The BlockFi crypto debit card is judged to be one of the best in the crypto market at this time. This is because of the mouth-watering offers that its users enjoy while using the card. Aside from their excellent welcome package, the company collaborated with Visa to reward active card users. The card provides users with an opportunity to earn massive rewards in Bitcoin whenever they spend using the card.

Users that want to sign up for the card are allowed to do that for free. Asides from the free sign-ups, using the card comes with various freebies. One great feature of the card is the BlockFi Interest Account. Users on this account are eligible to earn close to 7.5% APY on digital assets. Overall, the card is one of the best in the market, going by the various offers to their users.

2- Coinbase

Coinbase is one of the biggest and best crypto platforms across the world. The platform boasts over $20 billion in trading volume. One of its great offers to its users is the Coinbase Card. Coinbase allows traders to link their physical cards to their wallets on the platform. By this, they would be allowed to spend digital assets or USDC. The stored digital asset is converted to a cash equivalent of their preferred currency to make a transaction.

The card is accepted at major stores across the globe that supports VISA. Coinbase also allows traders to earn great rewards when they use the card. To sweeten the deal, users can choose between earning rewards in XLM or BTC. However, the company does not pay out rewards immediately. Traders are mandated to wait for up to 5 days after their transactions are confirmed. Coinbase allows linking to Google Pay to provide users with an easy and fast way of making transactions.

1- Binance

Binance is also another successful crypto exchange that came to the scene in 2017. The crypto platform ranks in the 1st position when it comes to specific analytics. They have the highest traffic and have one of the highest trading volumes in the market. The Binance VISA card allows traders to exchange their digital assets for fiat at certain selected stores.

The Swipe technology backs the card, and it works like a regular debit card. However, traders can only load the card with digital assets. They can also link the card to their spot wallet to top it up when needed. The asset is converted to fiat currencies at point of sale terminals of supported VISA outlets. Rewards on the Binance card depend on the amount of BNB that a trader chooses to stake on their wallet. Traders can also earn 1% in rewards when they use the card without choosing to stake it.

Conclusion

Crypto is presently cementing itself up there with fiat currencies. Crypto exchanges know this and are working towards creating their debit cards. With most companies now producing their crypto debit cards, one must be careful to pick. Even though the ones listed are the top three, there are other worthy mentions. Crypto cards such as Cryptopay VISA card, Paxful debit card, and Nexo debit card are top picks. To pick a crypto credit card, traders should look out for things like security, transaction fees, and sign-up fees, among other things.

crypto debit card© Cryptoticker

The post Top 3 Crypto Debit Cards To Use For Online Transactions appeared first on CryptoTicker.

May 19, 2023 02:10

Bitpay Ceases Prepaid Mastercard Program, Promises Enhanced Card Service in the Future

Cryptocurrency proponents in the United States are facing increasing challenges when it comes to utilizing digital assets for expenditures. Several crypto companies have encountered difficulties in securing banking partners. This week, Bitpay, a prominent player in the crypto payments sector, made an announcement regarding the termination of its current Bitpay prepaid Mastercard program. This decision [...]

The post Bitpay Ceases Prepaid Mastercard Program, Promises Enhanced Card Service in the Future appeared first on Crypto Breaking News.

Porsche NFT Review: BIG Disappointments from the Community?

Author: Kieth Rean Garcia
Germany
Jul 13, 2023 02:25

Porsche NFT Review: BIG Disappointments from the Community?

Explore the challenges faced by NFT holders during the Porsche Pioneers Circle meeting and the Hockenheim event in the Porsche NFT project.

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