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Michael Saylor Outlines Genius Ways MicroStrategy Can Generate Income From Its Enormous Bitcoin Coffers

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MicroStrategy, the business-intelligence software company that has cemented its position as the largest corporate holder of Bitcoin, is exploring potential ways to generate income from its massive trove. Here Is What MicroStrategy Could Do With Its Bitcoin Holdings After amassing 122,478 Bitcoin as of December 10, MicroStrategy might seek to make its money work for it. Speaking during a call with investors on Thursday, the company’s CEO Michael Saylor noted that it could lend some of its Bitcoin to a “trustworthy counterparty” to generate income. Lending has become one of the most popular cryptocurrency services in the nascent industry. As a holder, you can lend your crypto asset out to borrowers for an opportunity to earn interest. Crypto lending is especially very popular in the decentralized finance (DeFi) sector where investors deposit their assets to liquidity pools. During the call, Saylor explained how lending could be profitable for his company: “That could become a good...

ERTHA Prepares To Launch Its IDO On Three Top Gaming Launchpads

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Ertha, a gaming app that allows you to own land on the metaverse, has announced that it will be launching its IDO on three different gaming launch pads. These launch pads are Seedify, GameFi, and RedKite. The game will be launched on Seedify on December 19 th, 2021, GameFi on December 20 th, and on Redkite on December 21 st, 2021. The Ertha metaverse has been built on the Binance Smart chain. The game allows its members to own land in Ertha  Metaverse and generate lifetime revenue. Users on the Ertha platform can choose the countries they want, life goals, occupations, and even engage in the sale of land. A total of 350,000 HEX plots have been created and these are represented by NFTS. Once you buy a HEX, you can receive revenue for life on the plot of land. The plot essentially becomes yours and you can choose what to do with it. The game has been designed to simulate real-life events and makes players perform tasks as they would in real life. Investigating and explor...

MetaVisa To Launch Limited-Edition Line of MetaVisa Hero Assembly NFTs In The Coming Weeks

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MetaVisa, a layer-3 middleware protocol built on Ethereum, with a focus on developing a decentralized identity and building a credit system in the Metaverse has revealed that it will launch the limited-edition line of MetaVisa Hero Assembly NFTs in the coming weeks. With only 10,000 of these special NFTs being in existence, the platform will be hosting a reward program for participants of the limited edition, offering them the opportunity to share $100,000 USDT rewards. According to the announcement, the Limited Edition NFTs released will serve as an individual user identity badge in the MetaVisa ecosystem, identifying MetaVisa users for future privileges. Hence it is offering users an opportunity to acquire the limited edition NFT via the Lucky Draw Rewards event it will be hosting. Users would only need to pay the gas fees for minting in order to be able to participate in the event. The platform promises the first 1000 participants a chance to earn a special reward. Afterward,...

MyLottoCoin P2E Lottery DApp Migrates To Binance Smart Chain From Ethereum

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MyLottoCoin , a DeFi-powered play-to-earn lottery DApp, has been through quite some challenges this year and is glad to have endured and emerged stronger on the other side. Initially, the platform launched on the Ethereum blockchain in the summer of 2020. This host, despite being DeFi’s most favored network, presented some challenges: high gas fees and network congestion. These conditions prompted MyLottoCoin’s migration to the Binance Smart Chain (BSC). Thereafter, MyLottoCoin’s tokenomics were retained. The platform successfully airdropped 100 million new BEP-20 MYL tokens (platform’s native token) to its initial ERC-20 MYL token holders and early backers. The platform now boasts renewed energy and better offers to both players and token holders. This paved way for its successful launch on Nov. 22, 2021, the same day Europe’s premier exchange, WhiteBit launched. MyLottoCoin is a trustless DApp that equips players with a blend of the conventional blockchain gaming experience and ...

Rocketpad Seed Sale Receives Great Support Ahead Of IDO Launch

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Rocketpad is thrilled to announce that its IDO launchpad template will be revealed in the next few weeks. Rocketpad is a Cardano-based fundraising platform and a project accelerator, designed to leverage DeFi innovations to provide transparent, efficient, and fully decentralized crowdfunding services. $ROCKET is the utility token that will power the Rocketpad ecosystem built on the cardano blockchain. The Rocketpad IDO Launchpad team is working tirelessly to be the most renowned Cross-chain IDO Launchpad on Cardano Blockchain. This project has been making a lot of headlines since its idea was made public and the team will be constantly working on innovations and solving inherent problems within the Cardano ecosystem. Rocketpad IDO launch seed sale will be ending on the 30th of December or until the allocated tokens on the seed sale are exhausted. The $ROCKET token will serve as a governance token and will also be used as a subscription token for users to navigate the Rocketpad pl...

Justin Sun Leaves Tron For WTO Amid Massive Reorganization Of The TRX Blockchain Governance

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Justin Sun has left Tron to represent Grenada’s national interests at the World Trade Organization (WTO) leadership, in another move that once again casts doubt on his commitment to cryptocurrency. He, however, said that the move could help establish Tron’s relationship with international regulatory jurisdictions as this is the next milestone for the crypto industry. Sun said he will now be pushing for the legitimization of blockchains at the national-state level, although how that will happen remains unknown. Meanwhile, the move comes alongside the reorganization of Tron’s governance structure, which he said will make the network more decentralized. “Today, the overall market value of the blockchain industry has reached $2.2 trillion. Against this backdrop, I believe the next milestone for the whole industry is to establish a more harmonized relationship with international regulatory jurisdictions.” “Undoubtedly, the World Trade Organization’s recognition of blockchain technolog...

XRP Lawsuit: Why Former SEC Chair Clayton Refused To Comment On The Alleged Compromise In The Ripple Case

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Former SEC Chair, Jay Clayton declines commenting on allegations of compromise in the SEC lawsuit against Ripple. However, Clayton revealed that he is a huge believer in cryptocurrencies.   Ripple defender John Deaton however insists that the allegations against Clayton are valid.  Former chair of the Securities and Exchange Commission (SEC), Jay Clayton, in a recent interview declined to make any comments on a question posed to him about his role in the legal action the SEC took against Ripple on his last day in office. CNBC’s Becky Quick asked the former regulator what he thought about the allegations permeating the cryptocurrency community that he and other SEC officials were compromised in the decision. “They’ve done some mudslinging and said that you and others at the SEC were compromised in the decision. That you had input that was coming in from people who were maybe Ethereum fans, or others, along the way,” she asked. In response, Clayton said that due ...