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 To...
New Lbry Credit (LBC) Pairs Now Offered on Bittrex Exchange
Yesterday we received great news about LBC crypto markets.
The American crypto exchange Bittrex just added two new LBC trading pairs!
This makes it much easier to convert USD and ETH to LBC and vice-versa
Before, we could already use Bittrex to exchange LBC for BTC or USDT. Giving all users the ability to buy or sell LBC in all countries that Bittrex operates. The addition of USD/LBC and ETH/LBC trading pair is a great addition.
If you don't have an account on Bittrex yet, consider using my referral link as a token of your support to this channel and blog and Bittrex will share a fraction of the trading fees revenue with your inviter, and that's nice.
By using the referral link, you will also get 1500 Bittrex Credits that can be used to trade crypto for free ! Which is awesome. So go ahead, make your account and buy some LBC to support your favorite creators or HODL in your channel to raise your voice and attract more LBC.
LBRY Credits, abbreviated to LBC, are the cryptocurrency used to make purchases on the LBRY blockchain. But they have more functionality than just merely being a method of payment, they are also used to secure content on the blockchain. Each file registered on the LBRY blockchain must be secured by LBC’s – TBC –
LBC HIDDEN FEATURES
While most people just think of LBRY Credits (LBC) as a way of purchasing content on the LBRY blockchain, this is not actually the whole purposes and arguably not LBC’s most important feature.
Most people give their content away for free and rely on Tips to earn income, so most of the time, you don’t need LBC’s to buy content, but the real value and what makes LBC’s a very important asset is that they also act as power ups for content creators and their fans who want to support the content they love.
Content creators who want to perform better in search results and related content can increase the exposure by adding more LBC’s to the claim amount or attach value by adding Supports via the support button or by adding tips, via the Tip button.
Content with higher value claim amount + tips + supports will perform better in search results and related content than content with a lower amount. A little like how Google Adwords works. And as an extra bonus will protect a community URL from takeovers. This means you can use LBC’s to get more exposure and protect your real estate, thus be more profitable.
LBC TRANSACTION TYPES
Publishes: LBC claim associated with content publication. Claims can be revoked via trash button.
Tips: Tips sent or received. Received tips can be claimed via the unlock button in order to be reflected in your balance.
Supports: Claim support sent or received. Support claims can be revoked via trash button.
To be more precise. Tips and Supports are given by a user to the content creator. They both help to strengthen the claim (content) by giving it more power in search results and related content, and help keep the Community URL from takeovers.
The difference between a Tip and a Support is that Tips will be given to the content creator permanently, whereas Supports aren’t. Supports just help the content perform better for the reason above and can be taken back at any time.
Community: This is name a URL with no unique ID. They are great for being found by direct address bar inputs, to use as as a vanity URL that is easy to read and as a way of creating advertising space on a website or app. The highest bidder controls the Community URL, they are never owned by anyone permanently. Example: lbry://<name> such as lbry://love
Permanent: This is your Community URL + unique ID. This is always yours. No one can take it from you. Example: lbry://<name>#<claim_id> such as lbry://love#a1
Channel: This is your channel ID where all your content can be found. Example: lbry://<@channel_name> such as lbry:@cats
Signed: This is your Permanent or Community URL in side your channel. Example: lbry://<@channel_name>/<name>#<claim_id> such as lbry://@cats/love#a1
If you have not joined LBRY yet and started experiencing the gift of receiving LBC tokens for simply watching great content online you can also follow my referral link https://lbry.tv/$/invite/@mammycrypto:c .
By doing so you will receive an additional LBC welcome prize completely provided by the Lbry network!
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...
If you are reading this post, congratulations. You have survived the 2022 bear market! Happy new year to you. We may be far from another bull run, however after so much FUD the market is bound to bounce back at some point this year or the next. After significant dips, the cryptocurrency market tends to lateralize. And that's what I expect for a good part of 2023 unless we see another dip caused by macroeconomic conditions. It is just a matter of time, and patience is key during these times. On another note, after the bear market is over you will realize how many projects you felt had substance during the bull run simply disappeared. An ecosystem that expands with every bull run, and shrinks every bear run. The rate of survival is low so pick your gems wisely. For me, it is all about fundamentals. The fundamentals are security, scalability, reliability, and decentralization. How many cryptocurrencies have a good balance of them all? Not many actually! ...
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 ...
Cryptocurrencies are getting more popular than ever. Recently Bitcoin, Litecoin and Dogecoin symbols have been spotted in The Simpsons latest episode titled "Frinkcoin". Frinkcoin is the 675Th episode of American animated sitcom which aired on FOX Channel February 23rd 2020. The plot of the comedy evolved around the development, adoption and the demise of Frinkcoin cryptocurrency. The show brought the subject matter to a wide audience and is quite educative about blockchain. In a very funny way of course. Watch it on Fox Many crypto advocates highlighted the episode on Twitter in celebration. Despite Litecoin being hilariously featured in an anti-blockchain formula; Charlie Lee the creator of Litecoin, was one of the first to tweet his excitement about the mention. Also on Twitter, @TheSimpsons account is having fun with the audience and the crypto community by running an asset pool. "Which one would you invest in?" With FrinkCoin taking the lead...
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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