Tag: Polkastarter

Coinbase Launches Support for Series of Altcoins Across Full Retail Platform

by Dailyhodl

Top US crypto exchange Coinbase is expanding support for four Ethereum tokens and a pair of other altcoins across its full retail platform.

After a release on Coinbase Pro, IDEX (IDEX) is now available to buy and sell on the company’s main retail trading platform and mobile applications.

The Ethereum token powers the IDEX decentralized exchange which features an order book, automated market maker (AMM) and staking for holders.

IDEX has seen a roller coaster of price action this week, leaping from $0.25 to as high as $0.46 before slowly correcting down to its current valuation of $0.31.

Coinbase is also listing the environmentally-conscious Moss Carbon Credit (MCO2). The Ethereum-based project seeks to fight climate change and protect the Amazon rainforest.

The MCO2 token surged nearly 125% from 9.24 to $20.77 after the initial Coinbase Pro listing but has since cooled off and currently trades for $12.01.

Polkastarter (POLS) is next on the list of new Coinbase additions. It’s a fundraising project built on the Polkadot blockchain. The altcoin ramped up from $2.94 to $4.94 for a total leap of 68% but has settled back to $3.45 at time of writing.

Also joining the Coinbase suite is ShapeShift Fox Token (FOX), the native token of decentralized exchange ShapeShift. FOX is Ethereum-based, and holders have voting rights on the project’s DAO (decentralized autonomous organization).

The Coinbase Pro listing announcement helped spark a rise from $0.77 to a weekly high of $1.04. FOX has since dipped to $0.74, down over 10% on the day.

Next up is Spell Token (SPELL), which governs the Abracadabra.money platform where users deposit interest-bearing cryptos to mint the stablecoin MIM.

SPELL moved from $0.009 to as high as $0.020, sitting at $0.015 at time of writing.

The final altcoin now available across all Coinbase platforms is SuperFarm (SUPER). The Ethereum token powers the non-fungible token (NFT) marketplace SuperFarm, where users can stake their SUPER holdings to earn NFT-redeemable points.

SUPER rose from $1.06 to a weekly high of $1.77, is currently priced at $1.35.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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Coinbase Triggers Massive Price Rallies for Seven Altcoins After Launching Sudden Crypto Listing Spree

by Dailyhodl

Seven altcoins are surging after a surprise listing by top US crypto exchange Coinbase.

In a new blog post, Coinbase says that 5 Ethereum tokens and 2 other altcoins will start trading on Coinbase Pro once appropriate liquidity conditions are met.

Circuits of Value (COVAL) skyrocketed from $0.02 to $0.06 almost instantly and peaked at a fraction below $0.09 for a nearly 350% gain. COVAL has settled back in the $0.06 range at time of writing.

COVAL is the Ethereum token behind the Emblem platform which enables users to combine Ethereum (ETH), ERC-20 and NFT tokens to create a transfer token known as a Vault.

Fellow Ethereum token IDEX leaped 84% as news of the listing spread. Its native token IDEX powers the IDEX decentralized exchange which features an order book, automated market maker (AMM) and staking for holders.

IDEX rose from $0.25 to as high as $0.46 and is trading for $0.42 at time of writing.

Also on the rise is the fundraising project Polkastarter (POLS), which is built on the Polkadot blockchain. POLS quickly rallied from a weekly low of $2.94 to $3.79, then blasted off again to $4.94 for a total leap of 68%. The token is cuurrently trading at $4.45.

Environmentally conscious Moss Carbon Credit (MCO2) also saw an impressive rise after the Coinbase listing, vaulting from $9.24 to $16.71, and peaking at $20.77 – a nearly 125% rise.

Moss Carbon Credit seeks to fight climate change by offering carbon credits. Coinbase says,

“Burning one MCO2 token on the Moss Carbon Credit platform is equivalent to offsetting one ton of CO2 footprint, which is made possible by purchasing and protecting land in the Amazon rainforest.”

The altcoin is currently priced at $19.95.

SuperFarm (SUPER) is another Ethereum token getting the green light from Coinbase. It powers the non-fungible token (NFT) marketplace SuperFarm, where users can stake their SUPER holdings to earn NFT-redeemable points.

SUPER saw a near-instantaneous rise from $1.06 to $1.58, working up to a 66% gain and a high of $1.77. It’s currently holding strong at $1.74.

Spell Token (SPELL) governs the Abracadabra.money platform, where users deposit interest-bearing cryptos to mint the stablecoin MIM.

The coin spiked nearly 50%, moving from $0.009 to $0.013, then topping off at $0.017. It sits $0.016 at time of writing.

Lastly, ShapeShift FOX Token (FOX) is the native token of decentralized exchange (DEX) ShapeShift. The Coinbase listing announcement led to an immediate jump from $0.77 to $0.87. FOX worked its way up for a 35% rise to a weekly high of $1.04 before dipping slightly to its current price of $0.97.

Coinbase says that each token will be available to trade paired with USD and USDT.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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Polkastarter Announces NFT Game WonderHero as First Fully Incubated Project

by Cryptobriefing

Key Takeaways

  • Polkstarter has announced its first formal incubator project, WonderHero.

  • WonderHero is a play-to-earn NFT-based RPG on the blockchain.

  • Through their partnership with Polkstarter Labs, WonderHero will receive mentorship and institutional support.


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Polkastarter has announced its first fully-incubated project will be play-to-earn RPG WonderHero.

Polkastarter Unveils Partnership with NFT Game Project WonderHero

Decentralized launchpad Polkastarter has announced its partnership with WonderHero, a play-to-earn mobile RPG game, which will receive pre-IDO and post IDO support and mentorship while gaining access to Polkastarter’s vast network for marketing, branding and scaling purposes.

The launchpad, which joined forces with investment firm Morningstar Ventures, has helped launch over 70 projects to date including Ethernity Chain, EPNS, Wilder World, and Thetan Arena. With its startup incubator, it aims to provide crypto’s most promising projects with all the tools they need for success.

“When we saw the WonderHero  project, it was the right fit with the right kind of potential we were looking for – the timing was perfect to become Polkastarter’s first incubated project,” revealed Polkastarter CEO and Co-Founder Daniel Stockhus. ‘The background of the team, coupled with its vision, convinced us that this project was the right selection. It is aligned with our latest initiative, Polkastarter Gaming, and we are so excited to grow this exciting market together.”

Available on iOS and Android, WonderHero enables gamers to earn rare non-fungible tokens (NFTs) which can be sold and traded on a peer-to-peer (P2P) marketplace. Players can also participate in RPG combat and earn tokens for winning battles.


“Being chosen as the first project to be officially incubated means a lot for us, and we can’t wait to roll up our sleeves and get busy in the lab with Polkastarter,” added Ethan Ng, the CEO of WonderHero. “Something is telling me this will prove to be one of the best business decisions we’ve made, and help establish WonderHero as a leader in the blockchain gaming space. We fully trust Polkastarter and are delighted to have them as a partner.”

Through Polkastarter Labs, WonderHero will receive mentorship, hands-on investment, and access to market makers, agencies, exchanges and other relevant stakeholders. Polkastarter Labs is committed to helping DeFi projects launch and scale, leveraging an executive team with over 30 years’ combined tech experience.

About Polkastarter

Polkastarter is the fully decentralized protocol for launching new ideas. Our curation process and industry access enable us to offer the best new projects in blockchain and digital assets.

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With Polkastarter, decentralized projects can raise awareness, build a loyal community, and receive long-term support. Users of the platform will be able to participate in a secure, compliant environment and use assets both in and beyond the current ERC20 standard.

About WonderHero

WonderHero is a play-to-earn mobile RPG game, where gamers can earn rare NFTs (non-fungible token) and sell them on a peer-to-peer marketplace. The team believes in forming a balanced universe where players of different levels can provide each other with income opportunities while having fun at the same time.

WonderHero is led by a stellar team with leadership experience operating in a top 20 crypto exchange and over 10 years of combined experience in gaming.

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Polkastarter’s IDO Platform Launches SpiderDAO Token

Polkastarter, a decentralized exchange being developed on the Polkadot network, has listed its first token. The news comes as the DEX prepares to launch fixed token prices.  Polkastarter Launches IDO…

DeFi Project Spotlight: Polkastarter, Polkadot’s Uniswap

Polkastarter is a decentralized exchange (DEX) akin to Ethereum’s Uniswap. But as popularity for current DEXes has risen, many platforms have become cumbersome to use. Long wait times for trade…

Efficient Market Hypothesis: Does Crypto Follow?

The Efficient Market Hypothesis (EMH) is a concept in financial economics which states that security prices reflect all the available information about a financial instrument. EMH is one of the…

Celebrity-Endorsed NFT Project Ethernity Will Launch on Polkastarter

The Ethernity charity NFT project endorsed by a host of well-known athletes, musicians, and investors will raise funds on a Polkadot DEX called Polkastarter. Ethernity Raises Funds in Hot NFT…



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Meme.com All Set to Conduct IDO on Polkastarter

by Btcmanager

Meme.com is poised to conduct its initial DEX offering (IDO) on the decentralized fundraising platform Polkastarter.

Meme.com to Conduct IDO on Polkastarter

Imagine if Wikipedia and Dogecoin had a baby, that is exactly what Meme.com is, and a lot more.

In a recent announcement, Meme.com – the home of meme markets and trend exploration – announced the IDO of its $MEM token on Polkastarter. For the uninitiated, Polkastarter enables projects to raise funds in a decentralized and interoperable environment.

These factors, in fact, are significant for the desired launch of the $MEM token which makes Polkastarter the ideal platform for fundraising.

Specifically, Meme.com uses cryptocurrencies and entertainment to gauge the value of internet content. The project recently raised $5 million from blockchain-based venture capital funds such as Outlier Ventures, Digital Finance Group, Morningstar, Blockhype, Spark Digital Capital, and others.

In addition, Meme.com received extra funding from angel investors such as Gabby Dizon, CEO of Altitude Games, and Sandeep Nailwal, Co-founder of Polygon. The exact IDO details are slated to be announced soon.

Commenting on the development, Venture DAO noted:

“We are proud investors in Meme.com. We are bullish on meme markets and the project stood out because they are an early NFT project with forward and long term thinking founders. We look forward to supporting Meme.com and what’s to come!”

Utilities of the $MEM Token

There are several utilities to the $MEM token in the Meme.com ecosystem.

Through $MEM, users can purchase mTokens in the meme markets, create and upgrade Marble cards, pay for platform fees like content submissions, stake their tokens for attractive yields, and participate in platform governance.

Users can follow Meme.com social handles, such as their Telegram, and Twitter to remain updated with the latest information detailing how to participate in the IDO.

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Polygon, Alchemy, Signum Capital, Others are Now Polkastarter (POLS) Council Members

by Btcmanager

Polkastarter–a decentralized DEX and auctioning platform on the interoperable smart contract platform Polkadot, has announced new council members, including Eric Wang who is the Ecosystem Development Lead at Parity Technologies, an update on Apr 7 reveals.

8 New Polkastarter Council Members

Together, Polkastarter council members have over 250,000 followers across the world.

They join other four council members, including Moonrock Capital and Digital Finance Group (DFG).

They all share the same crypto vision, chosen meticulously with the assurance that they will help grow Polkastarter and contribute positively to the Polkadot ecosystem.

Specifically, these new members are independent crypto funds and established projects who strongly believe in blockchain’s revolutionary power.

They are Huobi Polkadot Ecosystem Fund—a newly launched crypto fund meant to help in developing projects in Polkadot, Polygon—previously Matic—a solution that’s actively helping scale Ethereum, OKEx—Blockdream Fund—a wing affiliated with OKEx—a global crypto exchange enabling the trading of billions of dollars of digital assets, Alchemy—who power over 70 percent of Ethereum dApps helping transact $15 billion on-chain transactions, Morning Star Ventures—a serial crypto investor with a diverse portfolio comprising successful blockchain projects, NGC Ventures—investors of among many projects, Reef finance, and Signum Capital behind bzX DEX and others.

Commenting, Alchemy Capital CEO Nikil Viswanathan said:

“By joining the Polkastarter council, we hope to further improve the lives of developers in the space. We see IDOs as the next evolution of democratizing access to capital for projects that are fundraising. This new fundraising model offers better liquidity, open and fair trading which ultimately accelerates project launches.”

A Decentralized Way of Crowdfunding

Their role is to attract only the best blockchain projects seeking to raise funds from the dual platform. Polkastarter has been gaining traction in recent days, helping over a dozen projects raise hundreds of dollars in a decentralized, private, and open manner.

Already, since April, these council members have helped several projects raise funds. Besides, they have received over 6.5k ETH from 80 pools controlling assets worth over $2 billion.

For a project to raise funds via the Polkastarter IDO, it must receive support from at least 60 percent of Polkastarter Council Members. These members must, in return, hold at least five percent of POLS’ total supply. POLS is the utility token in the Polkastarter ecosystem.

As BTCManager reports, Tether (USDT) will launch on Polkadot and Kusama.

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Chainguardians the first NFT Mining Game is Set to Launch Its IDO

by Btcmanager

A Brief Introduction To ChainGuardians 

ChainGuardians is a blockchain-based game and player-driven platform that combines blockchain technology and gaming. The game sees the introduction of anime in the crypto space. ChainGuardian’s in-game assets are all on the Ethereum blockchain, represented as ERC-721 tokens. ChainGuardians hopes to bring gaming and a unique gaming experience to the NFT community and build an ecosystem built on competitive gameplay, expandable blockchain worlds, and advanced game economics.

ChainGuardians hopes to combine gaming and blockchain technology with an ecosystem that functions on existing virtual worlds or as a separate entity. 

How Does The ChainGuardians RPG Work? 

The ChainGuardians RPG allows the players to earn rewards through the game. Players can also earn CGG as a reward through in-game achievements like winning against other players or characters and increasing their character level. 

Players can also work together against in-game characters like gatekeepers. As the game progresses and the player plays more of the game, the in-game characters can become more powerful, earn credits, armaments, and other in-game assets that increase their character’s strength. 

Since the game is a turn-based game when a player is inactive, the platform allows AI battles factoring in the attribute of the character for each battle. Players can also earn credits which can be redeemed for CGG tokens. The credits can also be used to redeem other services that are available on the platform. The CGG token allows players who hold the token to participate in voting on changes or upgrades to the ChainGuardians ecosystem, acting as a governance token. 

ChainGuardians IDO On Polkastarter

ChainGuardians will be launching their Initial Dex Offering (IDO) for the CGG (ChainGuardians Governance Token) exclusively on Polkastarter. The date for the IDO is 10th March 2021, with each token priced at USD 0.12. A total of $150,000 worth of CGG tokens will be made available for the launch. The CGG tokens can be used in the following manner. 

  • Staking: ChainGuardian players can stake CGG tokens and earn NFTs as rewards. 

  • Governance: The CGG token can also be used as a governance token. Players can propose changes and vote on any changes in the ChainGuardians ecosystem. 

  • Payment system: The CGG token can also be used as a payment system. Players can use this to earn revenue through token buy-backs. 

Even though the token has several uses, its primary function is to reward players in the ChainGuardians ecosystem. It allows players to redeem rewards and dictate the ecosystem’s balance. 

Benefits Of The ChainGuardians Governance Tokens

The ChainGuardians CGG token has several benefits and uses. The team behind ChainGuardians wants to encourage community-led growth and development, believing that it is the way forward, and the CGG token is a step towards realizing that vision. Players can earn CGG in two ways. 

  • Users can stake NFTs added to the NFT mining game. If the user gets a block, he is rewarded with ChainGuardian Credits (CGC). Users can also convert CGC to CGG. 

  • Users can also earn CGG by playing the ChainGuardians RPG. 

CGC tokens can be used for NFT mining fees, in-game assets, and merchandise. Players can also convert the CGC tokens to CGG tokens. CGG tokens allow players to vote on changes in ChainGuardians. 

ChainGuardians Tokenomics: Token Schedule and Allocation 

ChainGuardians plans to release 120,000,000 tokens by 2026. The token allocation will be done in the following way. 

  • A total of 45% of the tokens will be allocated to community members. 

  • 23% of the tokens will be allocated to advisors and team members. 

  • Early supporters of ChainGuardians will be allocated 19% of the total tokens. 

  • 11% of the tokens will be allocated to the ChainGuardians ecosystem. 

  • 2% of the tokens will be allocated for the public sale. 

ChainGuardians NFT Mining. How To Get Started?

To play the ChainGuardians NFT mining game, all I have to do is register with Safe Name and ChainGuardians. Once you have registered, submit your mining team of 9 NFTs. The NFTs can be sourced from ChainGuardians or from partner games. 

So how do we get started with NFT mining on ChainGuardians? It’s quite simple. First, you have to have a ChainGuardians account. In case you don’t have an account, please create one so that you can get started. Let’s look at the following steps and get started. 

  • Visit the ChainGuardians website and click on the link for the NFT mining game. 

  • Log-in to ChainGuardians with your credentials. To sign in, provide the username that you have signed up with. 

  • From the list of NFTs, select the NFTs you wish to mine. 

  • Once you have selected the NFTs, click on the “Start Mining” button. 

Once you have completed the steps mentioned above, you can use NFTs to mine ChainGuardian Credits (CGC). These can be used to make in-game purchases in the ChainGuardians RPG game. The credits can also be converted to ChainGuardians Governance Tokens. 

Conclusion 

ChainGuardians combines blockchain technology and gaming and is an exciting new use case for blockchain technology. The project integrates different blockchain concepts and creates a new, gamified experience for players. The team at ChainGuardians is continuously improving and developing the game and in-game experience, hoping to attract more crypto enthusiasts. 

ChainGuardians has a clear roadmap for 2021 and beyond and looks set to take over the crypto space. 


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