[Danslahm Video] Is NFT a scam? What is the essence of the skyrocketing NFT price?

In the 17th century, tulips were very popular with the Dutch upper class. In 1635, a tulip could buy ten cows and even a building, which was the equivalent of a person spending 40 years eating and drinking just for one flower. But by 1637, the price of tulips had plummeted, and a tulip now cost less than a potato.

This was the tulip bubble 500 years ago. Some say NFT is the tulip of the 21st century.

The Bored Ape bought for $2.4 million in NFT is just an ugly monkey. Whether you’re a new or an old one being rug-pulled, there’s always the question of why NFT’s price is so outrageous. So why is NFT so expensive?

Let’s talk about NFT from two aspects: price and value.

The Bored Ape issue price is 0.08ETH and the highest price is 147 ether 1800 times! It was revealed that Bored Ape’s parent company, valued at $4 billion, had revenue of $138 million in 2021. In this way, the Bored Ape is the Monkey King of NFT.

Looking back at the history, we will find that the same is true of Ether Cat in 2018. At that time, this cat was also very expensive, with a transaction price of more than 200 ETH, which is very popular. But later, there are various pet imitation plates, cryptorabbit, Minute cryptodog, and so on. The Ether cat was born at the wrong time, and now NFT is popular, and the Ether cat is on the decline.

Jay Chou, JJ Lin, Stephen Curry, Li Ning, Greenland, and Birelaxed have all spent a lot of money to buy the Bored Ape. Many people have analyzed the reasons for the popularity of the Bored Ape from various aspects such as culture, community, and so on, but their analysis articles fail to see the essence. The most important reason for the success of a Bored Ape is only one, using big money and pull-up the price.

This move in the early period cost is not high. Take goblin for example: Its first day of trading was just over $2 million, even though every deal was stock operating left-handed to right-handed and Openseas’ trading fee with GAS fee adds up the total only $670 thousand, such costs on a third-rate exchange is not enough. But in this case, project floor price steadily increases, and trading volume is also getting more.

It is not difficult to find traders with a very low cost to complete the pull-up and marketing campaign. After the floor price rises, traders make use of the FOMO emotion of the public to make them buy craziness. When you see the demonstration effect of the soaring price, you fall into a frenzy. Then the project party will again stock operating, publicity stunt, and rug-pulled.

In fact, artistic value, community power, application scenarios, and social attributes, are just marketing tools used to confuse the public, all marketing is just foreplay to the sickle of capital. Like tulips in 17th-century Holland, the price of a scarce commodity is inflated by publicity stunts.

If you ask me again is the NFT a bubble?

I’m going to tell you, yes, it’s a bubble, but in fact, bubbles are not that bad, because the tulip bubble brought options innovation to financial markets; while the NFT bubble is inflating, the whole industry will continue to develop and innovate, and if we can follow the trend of the bubble inflating trend before the bubble burst to make a profit, is it not sweeter than the Tulips?

In addition, NFT is not a flower that has no practical effect except good-looking and showing off wealth. Based on the unique irreplaceable characteristics of NFTs, its actual value lies in the application of NFT in GameFi, DeFi, WEB 3.0, DAO, and Metaverse. In short, the future of NFT must no longer be about ugly pictures and publicity stunts, but about artistry, scarcity, and practicality, thus bringing real value to the world.

As we all know, the most afraid of art is fake or piracy, but the cost of counterfeiting is very low. Starting 30 years ago, it has been easy for ordinary manufacturers to replicate a LV bag, and we are not yet talking about the high-tech counterfeiting technology nowadays. But if you want to build a fake NFT, you have to be able to modify the world’s countless computer records in a second. So, the possibility of a fake NFT in the real world is almost zero. This is because of the use of blockchain technology, natural anti-counterfeiting, and security traceability, these can be called perfect.

Anti-counterfeiting is a great application of NFT, fake tickets that appeared in this year’s champions league final, caused many bought tickets for true fans attending, and fans clashed in the admission process and the police, the police used tear gas against the fans. Let’s think about it, if the tickets used the technique of NFT, there could be one less bloodshed.

Similarly, if your boyfriend gives you a LV bag and you don’t know if it’s real or fake. In case the counter won’t do an appraisal for you, or you can take it to a secondhand shop appraisal, but in case it is false… But if LV has a NFT technology, you can scan your phone to see whether it’s real or fake, and counterfeiting is completely impossible. So now it’s easy to disclose those scumbags and in the circumstance, you may give him a bloody incident, let him become an EX.

In addition to anti-counterfeiting, NFT has the application value of confirmation. What is affirmatory authority? The house that you bought can have a house deed and this is affirmatory authority, the meaning is to use the safety that assures oneself rights and interests and truth.

However, the house is a thing in real life, even if your community developer went bankrupt, and did not get the property ownership certificate, the house will not be stolen away. Works of art, however, it is difficult to be like this. The original paintings and novels are easy to copy. But the NFT can solve this problem at low cost, make every painting in the blockchain on the smart contract, just like everyone has a unique identification number, lock the creation and hold relations directly, combining NFT tokens properties and it turns a work of art into a digital asset, and any asset can be traded, do publicity stunts and appreciated. Therefore, NFT plays a very active role in the trade of works of art and copyright protection.

In addition to artwork, NFT can also give a person’s identity, experience, and credit to confirm their rights. Your talents and your reputation can all become assets through NFT, and can even be traded. Through this, you can bridge the real world and the virtual world, which is called the metaverse. The value and application of NFT and all sorts of other things mentioned in the marketing numbers are just a test run. The Metaverse is where NFT comes into its own because NFT is so important to the property rights and social identity of the Metaverse.

NFT and houses and quite the same (if there is no real estate speculation), NFT should be used well, rather than for publicity stunts. If the capital market does not have publicity stunts, the trendiest concept of NFT, it is simply like a priceless treasure, therefore outside the circle of the various style stars enter the harvest, and that’s why a piece of the picture is more expensive than a house happens

The tulip is still the national flower of The Netherlands today. Although some people say that NFT is a scam, it is not the NFT that is deceiving but the scam itself, which could be either NFT or MFT if it can be. The real scam is everyone’s greed and ignorance.

Original video’s links:

Website: https://www.0x90.club/post/is-nft-a-scam-what-is-the-essence-of-the-sky-rocketing-nft-price

YouTube: https://www.youtube.com/watch?v=rjHxTmSHZIA

Medium: https://medium.com/@danslahm/danslahm-video-is-nft-a-scam-what-is-the-essence-of-the-skyrocketing-nft-price-a13e8cadfe6e

Twitter: https://twitter.com/0x90_Official/status/1544190682885398528

Bilibili: https://www.bilibili.com/video/BV1f34y1H7Lw?spm_id_from=333.999.0.0

Zhihu: https://www.zhihu.com/zvideo/1525247761469804544

Weibo: https://weibo.com/u/2755094997

Xiaohongshu: https://www.xiaohongshu.com/discovery/item/62c54dbe0000000006032dbf?share_from_user_hidden=true&xhsshare=WeixinSession&source=NotePost&appuid=5cb3fe3c0000000010023736&apptime=1657097668

Be the Crypto Raiders of the Lost Treasure and find the Centennial Coins in the world of WEB3.0

INTRODUCTION

Crypto Raiders of the Lost Treasure is the first real NFT puzzle game in WEB3.0. By solving interesting clues, explorers will follow the story to launch a series of exciting treasure hunt games, which will not only obtain many surprise rewards but also meet the curiosity and adventurous spirit of explorers. This is a great experiment. It may not be the most perfect, but it is definitely an exciting game full of joy and a surprising bonus.

THE STORY

There are millions of the lost treasures in the Indian Ocean…

In 1716, Olivier Levasseur, a Frenchman nicknamed “the Condor” for the speed with which he attacked his enemies, was granted a license to use his private ships to capture enemy ships. But within months, Levasseur had moved on to a more lucrative career as a pirate.

In 1721, Levasseur and his companions, along with 750 pirates from three other ships, encountered the “Nossa Senhora do Cabo”, a Portuguese sailing ship flying the British flag, in the harbor of Reunion. 250 of them boarded the ship and killed the crew. Levasseur, who had no idea what was in the ship, was shocked. It was a floating treasure house filled with bars of gold and silver, precious stones, rough diamonds, guineas, church vessels, and goblets.

With the British navy in hot pursuit, the pirates were scattered. The treasure was stolen by Levasseur and buried on an unknown island. There are countless gold and silver buried on the island. The palace of buried treasure is also surrounded by the walls of gold and silver walls. The palace inside the walls is also inlaid with gold and resplendent. Then Levasseur disappeared, and the treasure faded from human memory.

Later generations in the course of the voyage occasionally get Levasseur’s death left before the treasure map fragments, so, they in such circumstances began a full of surprises and dangerous treasure-hunting journey…

ROADMAP

1. The legend of the Indian Ocean

The seas are choppy, and in this unpredictable world, explorers need to find like-minded partners to help them out. To find these legendary treasures, 5,000 explorers from around the world will each be given a scroll and will be invited to embark on a fantastic adventure following the clues revealed by the age-old story.

2. Fragments of the Map

The island where the treasure is hidden is so mysterious that only those who try to complete the mission are eligible to move on. Explorers are required to complete a designated treasure hunt to find 1,500 excavated map fragments. In the journey of the treasure hunt, explorers may be able to retrieve the coins that Levasseur accidentally dropped!

3. The Treasure Map

On the way to the island of the intrigues, all kinds of fraud, all filled with people’s greed and desire for wealth. To find the huge treasure, explorers need to synthesize and assemble the clues they have into a true pirate treasure map. But a strange thing happened, the world appeared on 3,500 treasure maps! So which of these pirate treasure maps are real and which are fake? Explorers can only find real wealth if they get a real treasure map!

4. Treasure Hunt

After obtaining the treasure map, the explorer with more clues will be identified as the Raiders and get the next ticket to find the treasure. At the same time, explorers will also be able to gain coins or classic art collections. From there, explorers embark on a real treasure hunt!

5. Centennial Treasure

The treasure is precious, need to get the mysterious key to open, the key to obtaining the need for explorers to pay a certain price, the ultimate explorer uses the key to open the door of the palace buried countless treasures, get the centennial treasures which were lost for many years!

6. Super Pirate

In search of the most adventurous pirate heir, Levasseur also left clues and inheritance tokens for eligible Raiders. Eligible explorers are chosen to inherit not only the rich and mysterious legacy of the heirs but also the spirit of adventure for generations to come!

Decentralized society：Finding Web3’s Soul

How do SBTs encode trust networks in the real economy to build source and reputation in decentralized mechanisms and in new markets with decomposable shared rights?

How can the DeFi ecosystem break through the shackles of unsecured loans or simple contracts such as apartment rentals in today's WEB3 through “interpersonal relationships?”

What are the opportunities of the new era under the huge information and diverse ecosystem decentralized society (DeSoc)?

You may find all the answers in this report.

We have read this article carefully and agree with some ideas in it. Furthermore, it is worth sharing this article with all of you. Besides, for more convenience to the Chinese Fans, it has been translated into a Chinese version as well.

Original Report (English):

https://1744a99c-373d-40df-a090-703d226d0db0.usrfiles.com/ugd/1744a9_02d9c6cd0a7447ca81e2339c9ef1d832.pdf

Chinese Version:

https://1744a99c-373d-40df-a090-703d226d0db0.usrfiles.com/ugd/1744a9_768afdd4e9b64e7ca61d4e8e03a9ebd1.pdf

Explore and search for the Centennial Treasure in the world of WEB3.0! 【Raiders of the Lost Ark】

INTRODUCTION

Raiders of the Lost Ark is the first real NFT puzzle game in WEB3.0. By solving interesting clues, explorers will follow the story to launch a series of exciting treasure hunt games, which will not only obtain many surprise rewards, but also meet the curiosity and adventure spirit of explorers. This is a great experiment. It may not be the most perfect, but it is definitely an exciting game full of joy and surprising bonus.

THE STORY

There are millions of the lost treasure in the Indian Ocean…

In 1716, Olivier Levasseur, a Frenchman nicknamed “the Condor” for the speed with which he attacked his enemies, was granted a license to use his private ships to capture enemy ships. But within months, Levasseur had moved on to a more lucrative career as a pirate.

In 1721, Levasseur and his companions, along with 750 pirates from three other ships, encountered the “Nossa Senhora do Cabo”, a Portuguese sailing ship flying the British flag, in the harbor of Reunion. 250 of them boarded the ship and killed the crew. Levasseur, who had no idea what was in the ship, was shocked. It was a floating treasure house filled with bars of gold and silver, precious stones, rough diamonds, guineas, church vessels, and goblets.

With the British navy in hot pursuit, the pirates were scattered. The treasure was stolen by Levasseur and buried on an unknown island. There are countless gold and silver buried on the island. The palace of buried treasure is also surrounded by the walls of gold and silver walls. The palace inside the walls is also inlaid with gold and resplendent. Then Levasseur disappeared, and the treasure faded from human memory.

Later generations in the course of the voyage occasionally get Levasseur’s death left before the treasure map fragments, so, they in such circumstances began a full of surprises and dangerous treasure-hunting journey…

ROADMAP

1. The legend in the Indian Ocean

The seas are choppy, and in this unpredictable world, explorers need to find like-minded partners to help them out. To find these legendary treasures, 5,000 explorers from around the world will each be given a scroll and will be invited to embark on a fantastic adventure following the clues revealed by the age-old story.

2. Fragments of the Map

The island where the treasure is hidden is so mysterious that only those who try to complete the mission are eligible to move on. Explorers are required to complete a designated treasure hunt to find 1,500 excavated map fragments. In the journey of the treasure hunt, explorers may be able to retrieve the coins that Levasseur accidentally dropped!

3. The Treasure Map

On the way to the island of the intrigues, all kinds of fraud, all filled with people’s greed and desire for wealth. To find the huge treasure, explorers need to synthesize and assemble the clues they have into a true pirate treasure map. But a strange thing happened, the world appeared on 3,500 treasure maps! So which of these pirate treasure maps are real and which are fake? Explorers can only find real wealth if they get a real treasure map!

4. Treasure Hunt

After obtaining the treasure map, the explorer with more clues will be identified as the Raiders and get the next ticket to find the treasure. At the same time, explorers will also be able to gain coins or classic art collection. From there, explorers embark on a real treasure hunt!

5. Centennial Treasure

The treasure is precious, need to get the mysterious key to open, the key to obtaining the need for explorers to pay a certain price, the ultimate explorer uses the key to open the door of the palace buried countless treasures, get the centennial treasure which were lost for many years!

6. Super Pirate

In search of the most adventurous pirate heir, Levasseur also left clues and inheritance tokens for eligible Raiders. Eligible explorers are chosen to inherit not only the rich and mysterious legacy of the heirs but also the spirit of adventure for generations to come!

P2E.Game, the One-stop GameFi and NFT Information Aggregation Platform, has launched SocialFi Feature

P2E.Game, the One-stop GameFi and NFT Information Aggregation Platform, creates a Web.3.0 portal that combines SocialFi, GameFi, and NFT.Gamers on P2E.Game can achieve an on-chain independent creator economy through SocialFi tool and use the fan economy effect to build their influence, where fans are connected to creators and both share rewards for content creation.

Recently, P2E.Game has announced the launch of its E2E product (Email To Earn) to help projects find their target users in P2E.Game social system and bond projects with users through a more effective Web3-sense of marketing, which can also help them and build user pools to maintain user loyalty. Gamers can also join global GameFi community to share ideas and insights in a DAO-driven system and participate as owners in building and operating the community. P2E.Game reshapes the user-project relationship to reach a win-win situation.

P2E.Game also initiates NFT aggregation section. By aggregating ETH, BSC, SOL and other public chains data in NFT, gamers can grasp NFT information from the whole network through one terminal. By doing so, NFT has broader exposure and gets greater liquidity. Through intelligent algorithms, P2E.Game constructs rankings, as gamer reference for selection, based on different dimensions from multiple perspectives such as TVL and market cap. To lower the threshold for players to NFT, users could find popular collections, new listings and upcoming events. By clicking on that info, users would be directly channeled to the platforms to mint NFTs. In addition, rankings by trading volume and other criteria as well as whale movements could also be found.

P2E.Game expands the matching of user needs across different trading markets through deep aggregation of NFT trading markets. Through the aggregating platform, users are able to search for NFT-series assets, full-chain information, TVL, floor prices and other important information.

P2E.Game simultaneously embarks on the journey of creating a GameFi ecology, a combination of Game Library and Launchpad. P2E.Game collects more than 95% of projects and their data in Chain Games, evaluates quality projects to display them in the Spotlight section and provides abundant game strategies according to intelligent algorithms. In the Launchpad, P2E.GAME presents a panoramic view of launchpads such as platform token prices, market cap, TVL, trading volume, IDO projects number, and ROI. That information could help players efficiently find the most promising projects launched, also helping investors and gamers to find the upcoming GameFi projects to participate in with information on date range, entry price, and total raise number, forming a situation where good money drives out bad money.

In order to boost the global market, P2E.Game has announced the launch of global airdrop campaign to promote with incentive mechanism. The platform users have already exceeded 100,000 and spread across various regions in Asia, Europe and America. In the near future, P2E.Game will march in more countries and regions on the basis of existing communities and accelerate its expansion of the global market.

With the development of GameFi and NFT, global capitals will Beef up expansion of the market. As a pioneer in the industry, P2E.Game will take its place in the Web 3.0 era with its first-mover advantage.

New Blue Ocean of Digital Economy and Mongolia-China Belt and Road Digital Cross-border Trade Link MDE Launch Conference A complete success in Ordos

On June 19, 2022, the new blue ocean of digital economy and the MDE launch conference of the Mongolia-China Belt and Road Digital Cross-border Trade Link was successfully held in Ordos.

On the same day, the organizers invited Batel Chaolong, Deputy Consul of the Consulate General of Mongolia in Hohhot; Wuyun Gerile, Director of the Mongolian Ministry of Health; Dong Zhenguo, Deputy Director of the Smart City Expert Committee of Hebei Province; Zhang Wei, an internationally renowned documentary director and feature film director; Siqin Dalai, Curator of the Genghis Khan Private Museum; Naren Bilige, Executive Vice Chairman of Hohhot Film Association; Bao Ligema, Director of the Office of the Mongolia-China Belt and Road Council for the Promotion of International Trade; Thomas, Secretary-General of the Economic Development Committee directly under the Mongolia-China Belt and Road Council for the Promotion of International Trade, etc. The participants attended the “New Blue Ocean of Digital Economy and Mongolia-China Belt and Road Digital Cross-border Trade Link MDE Launch Conference”, which also received strong support from local relevant departments and a number of related enterprises.

The core content of this conference, “The Belt and Road Initiative”, is a major international cooperation initiative proposed by President Xi Jinping in 2013. Its core is to take infrastructure interconnection as the main line, strengthen policy communication and development strategy alignment of countries along the route, promote international cooperation and achieve common development. Nine years after “The Belt and Road Initiative” was proposed, it has received extensive support and positive responses from the international community, and has become the world’s largest cooperation platform and the most popular public product. At present, more than 150 countries and international organizations have signed “The Belt and Road” cooperation agreements with China, and “The Belt and Road” cooperation concepts and propositions have been written into the outcome documents of important international mechanisms such as the United Nations, the G20, and the Asia-Pacific Economic Cooperation.

Over the past nine years, as more and more countries joined the big family, the vision of “The Belt and Road Initiative” has been continuously transformed into action, and the idea has been transformed into achievements.

China and Mongolia are good neighbors, good friends and good partners linked by mountains and rivers, and the “Belt and Road” is a great road for good neighbors to achieve mutual benefit and win-win results, for good friends to join hands with each other sincerely, and for good partners to develop together. The “Belt and Road” initiative has added golden wings to Mongolia’s development.

At the same time, Mongolia and China are also rapidly arranging and vigorously developing the digital economy. As a relatively broad concept, any economic form that directly or indirectly uses data to guide resources to play a role and promote the development of productivity can be included in its category. At the technical level, it includes emerging technologies such as big data, cloud computing, Internet of Things, block chain, artificial intelligence, and 5G communications. At the application level, “new retail” and “new manufacturing” are typical representatives.

In today’s world, a new generation of information technology represented by big data, cloud computing, artificial intelligence, and block chain is developing rapidly, and the degree of integration with various industries and fields of the economy and society is deepening, profoundly changing the production, life, and the way of learning of human beings.

Since the 1990s, the United States has seized the opportunity of the digital revolution and created more than a decade of economic prosperity. Europe, Japan and other regions and countries have also closely followed the United States and actively promoted the digital revolution, which has produced great results. For developing countries, the digital revolution is a “once-in-a-lifetime” opportunity. In the digital age, developing countries can make full use of the late-mover advantages in the digital economy and narrow the digital divide with developed countries. India is a typical case of using the late-mover advantage of the digital economy to make its information technology highly competitive worldwide, thereby promoting the rapid development of its own economy.

Therefore, the Mongolia-China Belt and Road Council for the Promotion of International Trade was officially established in Ulaanbaatar, the capital of Mongolia, in December 2017. This agency is a functional agency established to promote Mongolia’s “Development Road” to connect with China’s “One Belt, One Road”. The purpose of the organization is to bring together friendly organizations and people from China and Mongolia, and rely on the political and business resources of the two countries to build a bridge for business cooperation between the two countries. After the establishment of the Mongolia-China Belt and Road Council for the Promotion of International Trade, it has successively established a series of institutions such as MDE Mongolia Institute, Mongolia International Travel Service, and Mongolia-China International Chamber of Commerce with relevant departments of the Mongolian government, so as to vigorously develop the digital economy.

In May 2022, the Mongolia-China Belt and Road Council for the Promotion of International Trade and MDE Mongolia Institute were reorganized and adjusted at the same time. Under the guidance and opinions of the relevant ministries and commissions of the Mongolian government, MDE Mongolian Institute appointed Shown water as the new chairman of the board of directors of the Mongolian Institute, who is authorized all matters of the Mongolian Institute and occupy the chairman of the board of directors of the Asia-Pacific region of the Mongolia-China Belt and Road Council for the Promotion of International Trade at the same time; MR Thomas served as the Executive President of MDE Mongolia Institute, and at the same time held a concurrent post as the Secretary-General of the Economic Development Committee directly under the Mongolia-China Belt and Road Council for the Promotion of International Trade, leading the development and operation of its subsidiary CBRI. At the same time, two well-known communities, Hive and BCK, also took the lead in joining MDE.

A single flower does not make spring, while a hundred flowers in full blossom bring spring to the garden. The China-Mongolia Belt and Road CCPIT will continue to forge ahead, continue to promote the further deepening of the business cooperation between the two countries, and will gradually extend to tourism, cultural tourism real estate, photovoltaic power generation new energy, artificial intelligence, cross-border e-commerce live streaming and supporting TikTok International new media center, Zamyn-Uud International Free Dry Port (North Port) drawing investment, investment and construction, international finance, etc., to foster China-Mongolia friendship and win-win situation, and actively promote the construction of the Mongolia-China-Russia Economic Corridor.

What does 0x90 means？

0x is the starting address of the public chain, which stands for the blockchain industry. 90 in the 0x90 is the label for the age of the company team, which is an international blockchain incubator company founded by the team 90s with many years of experience. That’s where 0x90 comes from.

Since 2017, the 0x90 team has gathered in Thailand. They started their exploration of blockchain. Since then, they have been deeply engaged in the blockchain industry for many years, constantly exploring and always focusing on operations. It involves public chain, media, exchanges, mining, DeFi, NFT, GameFi, investment, and many other areas.

The 0x90 team has a very well global education background. The team members all graduated from famous universities around the world. After years of exploration, the team has strong professional abilities and rich experience.

Since the team integration, 0x90 has implemented the operation and development of 120 projects, including self-owned and outsourced projects, as well as nearly 100 consulting businesses. The rich experience also helped the team to build a complete, efficient, and unique workflow. There are still many well-known projects active in today’s blockchain world.

0x90 provides professional, applicable, and customized operation solutions for projects through in-depth consulting services. Even if customers have no experience in project operation, the team also provides customers with the most convenient one-stop service with its professional knowledge.

Different from traditional incubators and other operating companies, 0x90 has been a professional and a unique perspective on proprietary or cooperation projects, with “24 frames of deconstruction” thinking and operating a project, and has been hailed as a doctor and super writer blockchain business enterprise, project planning and execution in the area of cryptocurrency aspects have unique skills and reputation.

In addition, 0x90 is not a simple operation planning execution team, but a creative and professional operation planning team, namely enterprise doctors. Through in-depth multi-dimensional analysis of the project, the team issued new operational strategy adjustments according to the problems existing in the project to help revitalize the project.

In the future, the 0x90 team will continue to be deeply involved in the blockchain industry. We always uphold the spirit of being serious, responsible, meticulous, innovative, and professional craftsmen, staying true to our original aspirations and forging ahead. In a word, choosing 0x90 is choosing a professional, and believing in 0x90 is believing in a professional.

How is JPEX Crypto Platform in the new Bear market? Steady development!

The cryptocurrency exchange is always playing an important role in the industry, and the security of platforms is highly related to the security of investors’ assets. From the very beginning, the collapse of cryptocurrency exchanges continuously comes up: for example: Due to the hack event, Mt.Gox has lost 850,000 Bitcoins and finally filed for bankruptcy, and users still didn’t get paid back till now.

Since then, though this specific industry has been getting mature and having relative systems established continuously, “collapsed” trading platforms still appear one after another. For example, in the year of 2020, the well-known trading platform – Fcoin showed a run on a bank due to its capital loophole which made it unable to continue the rigid payment to user assets, and the users could not withdraw their coins. BHEX trading platform made off with money by taking advantage of the withdrawal of mainland Chinese users. At the end of last year, Aofex’s team was investigated and unable to provide coin withdrawal service, due to which, all users having assets deposited in A network haven’t got any method to take out their coins so far.

This year, Kraken, which is trading platform with a long history, shut down its headquarters located in San Francisco headquarters. Celsius Network, the world’s largest CeFi provider and encrypted lending platform suspended all money transfers, withdrawals and transactions due to a Black Swan incident in the market. In addition, the well-known trading platform AEX (formally known as Bitcoin Era) was revealed to be unable to withdraw coins at present, and medium and long-term financial products can not be dealt with in a short time. And Huobi Thailand will be closed in early July. Moreover, up to now, the number of small and unknown exchanges that have made off is countless, especially in the context that the industry as a whole faces a downward tendency, those weak trading platforms are now facing a tougher test.

The exchange should put the security of the platform and users’ assets in the first place. Although cryptocurrency exchanges continuously make breakthroughs in their functions, security is gradually becoming the primary concern that impedes the development of the industry. Particularly, some small platforms transferred the risks to users and harmed investors’ interests after the assets got stolen. The rights of users can’t be guaranteed without the alert, regulatory and risk reserve mechanism, especially when the market is facing downward pressure.

JPEX, as a well-established trading platform, always focuses efforts on the security of the platform and users’ assets and related mechanisms, and positively looks for global compliance to become the benchmark ecology in the aspect of assets security. It’s worth mentioning that since JPEX launched in 2020, there has been no security issue happened, which reflects the high-security level of JPEX.

Setting security as the cornerstone, JPEX brings considerable returns for its users

JPEX always puts investors’ rights and trading experience in the first place. Under the premise of ensuring the safety of user assets, JPEX allows users to furtherly make profits. As an Australian exchange, JPEX is maintained by development teams from Japan, Australia, and the United States. Therefore, JPEX itself has an excellent risk control mechanism and provides safe and reliable service to its users via its own technology.

Source:jp-ex.io

In terms of security, JPEX Digital Bank chooses point-to-point multi-signature cold wallet, which is currently one of the safest ways for storing user assets. Multi-signature means that to assets can be withdrawn from the account unless satisfying the requirement of multiple roles’ signatures. Therefore, compared with single-point wallets, it further improves asset security. In JPEX Digital Bank’s peer-to-peer multi-signature cold wallet, in order to take out assets from the JPEX Cold Wallet, two times of signatures by three professional security personnel from the operating team are required, and the whole process is offline. So far, 95% of the money value is stored in the cold wallet, while JPEX will only reserve 5% of the currency for cash withdrawal and recharging. At the same time, JPEX has also hired a well-known computer security team of the United States to cooperate in external password review, multi-signature wallet, two-step verification and other aspects to ensure that users’ sensitive personal information will not be disclosed. JPEX only checks withdrawals once in 24 hours on an exchange with a flexible treatment method, so that users may go through the whole coin withdrawal process within eight hours after proposing the withdrawal request.

Besides, JPEX itself also builds the risk reserve mechanism via insurance. The property management insurance plan covers all users who completed platform KYC, with 75,000 USDT maximum benefit, the cover rate is equal to 90% of global financial institutions’ requirements. Therefore, even in some cases where users suffer losses, the insurance can safeguard users’ rights. Besides, JPEX is regulated and licensed to engage in cryptocurrency activities in many countries.

With respect to the return, the IAIA (Ito Arbitrage Investment App) Cryptocurrency Circular Arbitrage System originally created by the Japanese intelligent technology team allows users to gain income from more than 30 pairs of cryptocurrencies, and interest will be calculated daily. Especially when the funds is extracted from the DeFi sector (currently the TVL of DeFi is only $20 billion), the whole sector is risky and the income is weak, JPEX is very attractive.

Source:jp-ex.io

So far, it has managed more than 15.6 billion assets worldwide, with several hundred thousand users. JPEX has an important place in the respect of asset management products.

The multi-dimension and panoramic layout of JPEX

On the basis of improving its products, JPEX is continuously expanding its ecology to more financially developed areas. According to the 1st development plan published in the 2nd quarter of 2022, JPEX furtherly illustrated its business focus. It announced that JPEX will expand globally in 2022 and 2023, and the target market will include Malaysia, Taiwan and Dubai. JPEX’s business also includes cryptocurrency technology development, optimizing trading platform experience and NFT technology and service, etc. JPEX is always committed to providing more investment opportunities and excellent trading services to users in different areas.

Source:jp-ex.io

Meanwhile, JPEX is setting foot in the traditional area, except establishing strategic partnerships with renowned listed companies, JPEX is also setting foot in the sports area: JPEX has prompted the NFT jointly with Western Sydney Wanderers Football Club, established a strategic relationship with the Macarthur FC and other high-quality sports partners to prompt the cryptocurrency widely known by the public. JPEX is becoming another renowned crypto ecology setting foot in sports areas besides Coinbase, FTX and OKX.

The recent development of JPEX also gets furtherly recognized by the industry. JPEX successively won the “Excellence Blockchain Asset Trading Platform Award” in “Excellence Brand Award” held by Oriental Daily News and on.cc in 2022. JPEX also won the “2021 Outstanding Blockchain Asset Trading Platform Award” by Elite Brand Awards.

Besides, JPEX also becomes the platinum sponsor of Singapore Blockchain Fest 2022. It should be noted that JPEX is the first sponsor in the history of Blockchain Fest.

JPEX is becoming the vanguard of the cryptocurrency exchange sector. with a stable and healthy layout, JPEX brings stable and healthy service to its users. Although the market is facing downward pressure, JPEX is bringing a reliable investment ecology to investors and becoming a forceful promotor of the industry.

Who is 0x90

0x is the starting address of the public chain, which stands for the blockchain industry. 90 in the 0x90 is the label for the age of the company team, which is an international blockchain incubator company founded by the team 90s with many years of experience. That's where 0x90 comes from.

Since 2017, the 0x90 team has gathered in Thailand. They started their exploration of blockchain. Since then, they have been deeply engaged in the blockchain industry for many years, constantly exploring and always focusing on operations. It involves public chain, media, exchanges, mining, DeFi, NFT, GameFi, investment, and many other areas.

The 0x90 team has a very well global education background. The team members all graduated from famous universities around the world. After years of exploration, the team has strong professional abilities and rich experience.

Since the team integration, 0x90 has implemented the operation and development of 120 projects, including self-owned and outsourced projects, as well as nearly 100 consulting businesses. The rich experience also helped the team to build a complete, efficient, and unique workflow. There are still many well-known projects active in today's blockchain world.

0x90 provides professional, applicable, and customized operation solutions for projects through in-depth consulting services. Even if customers have no experience in project operation, the team also provides customers with the most convenient one-stop service with its professional knowledge.

Different from traditional incubators and other operating companies, 0x90 has been a professional and a unique perspective on proprietary or cooperation projects, with “24 frames of deconstruction” thinking and operating a project, and has been hailed as a doctor and super writer blockchain business enterprise, project planning and execution in the area of cryptocurrency aspects have unique skills and reputation.

In addition, 0x90 is not a simple operation planning execution team, but a creative and professional operation planning team, namely enterprise doctors. Through in-depth multi-dimensional analysis of the project, the team issued new operational strategy adjustments according to the problems existing in the project to help revitalize the project.

In the future, the 0x90 team will continue to be deeply involved in the blockchain industry. We always uphold the spirit of being serious, responsible, meticulous, innovative, and professional craftsmen, staying true to our original aspirations and forging ahead. In a word, choosing 0x90 is choosing a professional, and believing in 0x90 is believing in a professional.

JPEX Crypto Platform maintains steady development in the new Bear market cycle

The cryptocurrency exchange is always playing an important role in the industry, and the security of platforms is highly related to the security of investors’ assets. From the very beginning, the collapse of cryptocurrency exchanges continuously comes up: for example: Due to the hack event, Mt.Gox has lost 850,000 Bitcoins and finally filed for bankruptcy, and users still didn’t get paid back till now.

Since then, though this specific industry has been getting mature and having relative systems established continuously, “collapsed” trading platforms still appear one after another. For example, in the year of 2020, the well-known trading platform – Fcoin showed a run on a bank due to its capital loophole which made it unable to continue the rigid payment to user assets, and the users could not withdraw their coins. BHEX trading platform made off with money by taking advantage of the withdrawal of mainland Chinese users. At the end of last year, Aofex’s team was investigated and unable to provide coin withdrawal service, due to which, all users having assets deposited in A network haven’t got any method to take out their coins so far.

This year, Kraken, which is trading platform with a long history, shut down its headquarters located in San Francisco headquarters. Celsius Network, the world’s largest CeFi provider and encrypted lending platform suspended all money transfers, withdrawals and transactions due to a Black Swan incident in the market. In addition, the well-known trading platform AEX (formally known as Bitcoin Era) was revealed to be unable to withdraw coins at present, and medium and long-term financial products can not be dealt with in a short time. And Huobi Thailand will be closed in early July. Moreover, up to now, the number of small and unknown exchanges that have made off is countless, especially in the context that the industry as a whole faces a downward tendency, those weak trading platforms are now facing a tougher test.

The exchange should put the security of the platform and users’ assets in the first place. Although cryptocurrency exchanges continuously make breakthroughs in their functions, security is gradually becoming the primary concern that impedes the development of the industry. Particularly, some small platforms transferred the risks to users and harmed investors’ interests after the assets got stolen. The rights of users can’t be guaranteed without the alert, regulatory and risk reserve mechanism, especially when the market is facing downward pressure.

JPEX, as a well-established trading platform, always focuses efforts on the security of the platform and users’ assets and related mechanisms, and positively looks for global compliance to become the benchmark ecology in the aspect of assets security. It’s worth mentioning that since JPEX launched in 2020, there has been no security issue happened, which reflects the high-security level of JPEX.

Setting security as the cornerstone, JPEX brings considerable returns for its users

JPEX always puts investors’ rights and trading experience in the first place. Under the premise of ensuring the safety of user assets, JPEX allows users to furtherly make profits. As an Australian exchange, JPEX is maintained by development teams from Japan, Australia, and the United States. Therefore, JPEX itself has an excellent risk control mechanism and provides safe and reliable service to its users via its own technology.

Source:jp-ex.io

In terms of security, JPEX Digital Bank chooses point-to-point multi-signature cold wallet, which is currently one of the safest ways for storing user assets. Multi-signature means that to assets can be withdrawn from the account unless satisfying the requirement of multiple roles’ signatures. Therefore, compared with single-point wallets, it further improves asset security. In JPEX Digital Bank’s peer-to-peer multi-signature cold wallet, in order to take out assets from the JPEX Cold Wallet, two times of signatures by three professional security personnel from the operating team are required, and the whole process is offline. So far, 95% of the money value is stored in the cold wallet, while JPEX will only reserve 5% of the currency for cash withdrawal and recharging. At the same time, JPEX has also hired a well-known computer security team of the United States to cooperate in external password review, multi-signature wallet, two-step verification and other aspects to ensure that users’ sensitive personal information will not be disclosed. JPEX only checks withdrawals once in 24 hours on an exchange with a flexible treatment method, so that users may go through the whole coin withdrawal process within eight hours after proposing the withdrawal request.

Besides, JPEX itself also builds the risk reserve mechanism via insurance. The property management insurance plan covers all users who completed platform KYC, with 75,000 USDT maximum benefit, the cover rate is equal to 90% of global financial institutions’ requirements. Therefore, even in some cases where users suffer losses, the insurance can safeguard users’ rights. Besides, JPEX is regulated and licensed to engage in cryptocurrency activities in many countries.

With respect to the return, the IAIA (Ito Arbitrage Investment App) Cryptocurrency Circular Arbitrage System originally created by the Japanese intelligent technology team allows users to gain income from more than 30 pairs of cryptocurrencies, and interest will be calculated daily. Especially when the funds is extracted from the DeFi sector (currently the TVL of DeFi is only $20 billion), the whole sector is risky and the income is weak, JPEX is very attractive.

Source:jp-ex.io

So far, it has managed more than 15.6 billion assets worldwide, with several hundred thousand users. JPEX has an important place in the respect of asset management products.

The multi-dimension and panoramic layout of JPEX

On the basis of improving its products, JPEX is continuously expanding its ecology to more financially developed areas. According to the 1st development plan published in the 2nd quarter of 2022, JPEX furtherly illustrated its business focus. It announced that JPEX will expand globally in 2022 and 2023, and the target market will include Malaysia, Taiwan and Dubai. JPEX’s business also includes cryptocurrency technology development, optimizing trading platform experience and NFT technology and service, etc. JPEX is always committed to providing more investment opportunities and excellent trading services to users in different areas.

Source:jp-ex.io

Meanwhile, JPEX is setting foot in the traditional area, except establishing strategic partnerships with renowned listed companies, JPEX is also setting foot in the sports area: JPEX has prompted the NFT jointly with Western Sydney Wanderers Football Club, established a strategic relationship with the Macarthur FC and other high-quality sports partners to prompt the cryptocurrency widely known by the public. JPEX is becoming another renowned crypto ecology setting foot in sports areas besides Coinbase, FTX and OKX.

The recent development of JPEX also gets furtherly recognized by the industry. JPEX successively won the “Excellence Blockchain Asset Trading Platform Award” in “Excellence Brand Award” held by Oriental Daily News and on.cc in 2022. JPEX also won the “2021 Outstanding Blockchain Asset Trading Platform Award” by Elite Brand Awards.

Besides, JPEX also becomes the platinum sponsor of Singapore Blockchain Fest 2022. It should be noted that JPEX is the first sponsor in the history of Blockchain Fest.

JPEX is becoming the vanguard of the cryptocurrency exchange sector. with a stable and healthy layout, JPEX brings stable and healthy service to its users. Although the market is facing downward pressure, JPEX is bringing a reliable investment ecology to investors and becoming a forceful promotor of the industry.