As one true OG Litecoin enthusiast, I wanted to test the site, or better, the NFT marketplace Liteverse.io since its launch in 2022. At first, I claimed Litecoin Summit collectors NFT. But, for several reasons, the test of minting my first NFT got a bit delayed. But now I finally have the time and the need to make use of it for a larger cause. I am sad I procrastinated a little. As it would have been a great honor to be the first one to give it a try, but given my lack of technical skills to use just code to mint outside of a marketplace, waiting was a great idea since the site is super user-friendly and it's quality has improved considerably. I would say Liteverse.io is ready for the mainstream. Minting on it or acquiring an NFT on the Litecoin network is now a Piece of cake! In this article I will describe my experience, the reason why my first series of NFTs was created, and most importantly the advantages and disadvantages of creating an nft (Non-fungible Token) or an nft
OmniBazaar (OMNICOIN) ICO project review - Crypto Currency new token evaluation decentralized online marketplaces based in US
I am starting this review about OminiBazaar with excitement because I am so happy there is an alternative to centralized marketplaces such as Ebay. Having an decentralized option brings many benefits to both vendors and buyers.
It is fair to say that for years I have become a crypto enthusiast, investor and now specialist. But before crypto I was in the realm of e-commerce and one of my first projects was my Ebay store. I started out few years after Ebay launched in 2002 but sadly stopped selling at the site because of diminishing profits.
The gradual increase in selling fees made it impossible to make the product attractive to buyers. New regulations did not allow me to showcase my own information in my paid product ads and that prevented me from generating residual traffic to my web site. To know that this monopolized industry of online market places is going to be shaken by decentralization makes me happy.
Projects like OminiBazzar give vendors another option that is less expensive and less restrictive. Offering many vendors the chance to open the doors again. I am happily doing so by downloading their Software and selling some of that inventory I kept for a while. But I am not here to promote my personal little store, I am here to give you a break down evaluation of the OmniBazaar project and help you understand how the Token OmniCoin will be used, its value and qualities.
How does the OmniBazaar differ from other online marketplaces such as Amazon and Ebay?
1. True Peer-to-peer Marketplace - Omni Bazaar uses Crypto currencies to eliminate the bank as a middleman. no more high percentage fees paid to PayPal or credit card companies.
2. Lower Fees - Because of decentralization the OmniBazaar platform will be able to offer 90% to 100% lower listing and advertising fees than current central data online marketplaces like Ebay or Amazon
3. Gateway to Crypto Adoption - Given the attractive price of its services and the ability to offer less expensive products OmniBazaar hopes to serve as a gateway to crypto adoption by accepting crypto payments only. The platform now accepts Bitcoin and OmniCoin
4. Speed of transactions - able to process 50.000 transactions per section, speed will be no problem when spending or receiving OmniCoin
5. Consensus - Advanced consensus and security systems
6. Decentralized crypto exchange - Investors will be able to buy and sell crypto currencies in the Omni Platform
The software is ready and it already available for download on the OmniBazaar web site for anyone ready to give it a try or would like to purchase some products using cryptocurrency.
Functionality of the OmniCoin:
The OmniCoin is used as a currency to buy and sell products on the OmniBazaar platform.
Total Supply of OminiCoin: 25 billion
Soft Cap: $2,000,000.00 Dollars
Hard Cap: $20,100,000.00 Dollars
Distribution:
Token Sale Timeline:
Pre-sale price: $0.0015 Q3 2018
Token sale stage 1: $0.002 Q3 2018
Token sale stage 2: $0.0025 Q4 2018
Token sale stage 3: $0.003 Q4 2018
The Team & Headquarters:
Consisting of 22 members the team offer a range of specialists of different nationalities aiming to launch this project on a global level. Headquarters of this project is in Florida, Unites States and the project is following all the guidelines requested by regulations.
OmniCoin Foundation:
Similar to other crypto currencies the OmniCoin has founded a nonprofit organization. The Omni Coin Foundation as according to the project Website aim is to: “to foster a strong, open ecosystem for OmniCoin”
Additional Information:
The Bountysuite Exclusive OmniCoin Bounty campaign is currently available to participate until quota of Omnicoin tokens is reached. Anyone interested in more information about the OmniBazaar project check out the links below. Video Review:
During the Consensus 2022 conference, I had the pleasure to interview one of the most significant figures in crypto: The one and only David Chaum. David Chaum is an American computer scientist, developer, cryptographer, and inventor. Ahead of his time, when the internet was first introduced, David Chaum foresaw several privacy issues that would arise from it. And since then, He dedicated a lifetime to creating solutions to combat the surveillance state and protect digital privacy. One solution that inspired the birth of Bitcoin and blockchain technology was the invention of E-cash, also known as Digicash. Other solutions that he developed are vault systems, blind signatures, and mix networks. A full suite of solutions that enables him to take his work even further. Currently, as noted on his site: "David is currently leading xx network , a completely private, quantum-secure decentralized messaging and payment platform". He continues to innovate, and in this interview, we wi
As one true OG Litecoin enthusiast, I wanted to test the site, or better, the NFT marketplace Liteverse.io since its launch in 2022. At first, I claimed Litecoin Summit collectors NFT. But, for several reasons, the test of minting my first NFT got a bit delayed. But now I finally have the time and the need to make use of it for a larger cause. I am sad I procrastinated a little. As it would have been a great honor to be the first one to give it a try, but given my lack of technical skills to use just code to mint outside of a marketplace, waiting was a great idea since the site is super user-friendly and it's quality has improved considerably. I would say Liteverse.io is ready for the mainstream. Minting on it or acquiring an NFT on the Litecoin network is now a Piece of cake! In this article I will describe my experience, the reason why my first series of NFTs was created, and most importantly the advantages and disadvantages of creating an nft (Non-fungible Token) or an nft
What a fabulous week for crypto! Bitcoin went up from 16K to 21 K, and several alt-coins either started the race or followed suit. While this increase is an indication that the market is not dead. It is too soon to confirm that the bull market has returned. However, a clear indication that the market has consolidated, and volume is bound to come back. As of now, it is pivotal to stay connected with the news and understand what type of headlines can affect the market. Bankrupting exchanges, large hacks, and hikes in US Federal Reserve interest rates are among some factors that have a direct effect on how the markets behave. The shake of 2022 was real. It crashed several institutional players and with it emptying the hands of millions of retail investors. The investors that do come back will eventually "come back" more educated about self-custody and decentralized finance. Trust is built, but a greedy market comes in waves and they do not always coincide. When the market drai
The options below are the products and services I use. These are platforms, apps, dapps, and softwares available in the marketplace today, that allow anyone to earn cryptocurrencies and CASH without any financial investment. FREE platforms and services that are easy, simple, and fairly safe to use, and earn. Some you probably have installed on your phone already/ Besides, the tokens and cash rewarded by these platforms can be withdrawn and/or exchanged for other cryptocurrencies, fiat money, or products. Most are also transferrable to a wallet. They are great tools to help you offset inflation. My mission is to create a passive crypto income stream with these unique applications. And I am on the course to doing just that at a steady pace. In the process, I enjoy sharing what I learn. And sharing what I learn became part of the process I guess. No matter what I enjoy the journey and have been earning Crypto Using these methods below. But despite me using these, before trying them out,
My opinions are simply my opinions and not investment advice. I strongly recommend everyone investing or looking to earn or acquire cryptocurrencies to do their own research and get very educated about risks and security before acquiring, earning or investing. The content in this blog/ website is not investment advice. Please note that this web site also features sponsored content and referral affiliate links. Which means that when you click on some links and sign up for a product or service I may receive I small commission or credit for the referral. Most the the links also will give you an invite incentive that most often you would not receive if you do not use a referral invite link.
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