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<h3>Cryptoknowmics Headlines 9th March</h3><p>1. Bitcoin Is Gold 2.0, Better Version of Gold: Eric Demuth, CEO of Bitpanda</p><p><a href="https://www.cryptoknowmics.com/news/bitcoin-is-gold-2-0-better-version-of-gold-eric-demuth-ceo-of-bitpanda">https://www.cryptoknowmics.com/news/bitcoin-is-gold-2-0-better-version-of-gold-eric-demuth-ceo-of-bitpanda</a></p><p>2. HashCash Plans To Pour USD 10Million In Indian Crypto Economy</p><p><a href="https://www.cryptoknowmics.com/news/hashcash-plans-to-pour-usd-10million-in-indian-crypto-economy">https://www.cryptoknowmics.com/news/hashcash-plans-to-pour-usd-10million-in-indian-crypto-economy</a></p><p>3. United Kingdom (UK) Gets Tough With Recent Updates In 5MLD</p><p><a href="https://www.cryptoknowmics.com/news/united-kingdom-uk-gets-tough-with-recent-updates-in-5mld">https://www.cryptoknowmics.com/news/united-kingdom-uk-gets-tough-with-recent-updates-in-5mld</a></p><p>4. Bitcoin Halving Suffers from a Slump in Google Searches</p><p><a href="https://www.cryptoknowmics.com/news/bitcoin-halving-suffers-from-a-slump-in-google-searches">https://www.cryptoknowmics.com/news/bitcoin-halving-suffers-from-a-slump-in-google-searches</a></p><p>5. Bitfinex Launches Tether Gold Facilitating Arbitrage Trading</p><p><a href="https://www.cryptoknowmics.com/news/bitfinex-launches-tether-gold-facilitating-arbitrage-trading">https://www.cryptoknowmics.com/news/bitfinex-launches-tether-gold-facilitating-arbitrage-trading</a></p><p>6. Link's future, 5% surge or 12 to 19% downturn?</p><p><a href="https://www.cryptoknowmics.com/news/links-future-5-surge-or-12-to-19-downturn">https://www.cryptoknowmics.com/news/links-future-5-surge-or-12-to-19-downturn</a></p><p>7. Cardano to blast off by 7 to 20% after a minor downturn</p><p><a href="https://www.cryptoknowmics.com/news/cardano-to-blast-off-by-7-to-20-after-a-minor-downturn">https://www.cryptoknowmics.com/news/cardano-to-blast-off-by-7-to-20-after-a-minor-downturn</a></p><p>8. Jack Dorsey Receives Support From Musk And Buterin</p><p><a href="https://www.cryptoknowmics.com/news/jack-dorsey-receives-support-from-musk-and-buterin">https://www.cryptoknowmics.com/news/jack-dorsey-receives-support-from-musk-and-buterin</a></p><p>9. Ethereum Classic aka the original Ethereum shows potential 8 to 10% surge</p><p><a href="https://www.cryptoknowmics.com/news/ethereum-classic-aka-the-original-ethereum-shows-potential-8-to-10-surge">https://www.cryptoknowmics.com/news/ethereum-classic-aka-the-original-ethereum-shows-potential-8-to-10-surge</a></p><p>&nbsp;</p>

HashCash Plans To Pour USD 10Million In Indian Crypto Economy| Cryptoknowmics

Altcoins are seeing a decent uptrend recently. The market expects FED to take a slow and soft approach in its future policy decisions. The downfall in commodity prices might be an indication of inflation coming down. So, if you have been thinking of investing in Altcoins after a recent relief bounce, here is a list of the <strong>top 5 Altcoins</strong> of the week.
<h2>1. Filecoin (FIL)</h2>
Anyone can save and retrieve data online, thanks to the peer-to-peer Filecoin network. Files are consistently and constantly saved and retrieved for however long a user requests, thanks to built-in economic incentives.

The amount of storage space available and how much it costs to store and retrieve files are not under the authority of a single business or organization. Instead, anyone with internet access can participate in open marketplaces for storing and retrieving files, courtesy of the Filecoin <a href="https://www.cryptoknowmics.com/news/decentralized-cloud-storage-the-future-of-data-management-is-blockchaine/" target="_blank" rel="noopener">storage</a> network.

It carries out these transactions using its native coin (FIL). Similar to bitcoin and ether, the native crypto token of the Filecoin network is the Filecoin token (FIL). Holders of tokens can use FIL to interact with and conduct transactions on the Filecoin network. Users specifically pay miners in FIL to store, distribute, and retrieve their data.

Additionally, storage companies use FIL as collateral to offer a minimal degree of service assurance, which diminishes if an agreement with a customer falls through.

$FIL currently trades at $10.81 and has a market cap of $2.4 billion. $FIL token had an impressive prime pump in the last few days. Most bids for the $FIL token are coming from Asian exchanges. Filecoin is the market leader in the storage category of <a href="https://www.cryptoknowmics.com/news/startup-community-launch-house-raised-10m-fund-with-web3-in-focus/" target="_blank" rel="noopener">Web3</a>.

<img class="alignnone wp-image-244279 size-large" src="https://www.cryptoknowmics.com/news/wp-content/uploads/2022/08/pricechartfil-1024x558.png" alt="Price chart of Fil" width="1024" height="558" />
<h2>2. Oasis Network (Rose)</h2>
Oasis Network is a Layer 1 Proof-of-Stake (PoS) decentralized network. The Consensus Layer and the ParaTime Layer are its two main parts.

The Consensus Layer is a decentralized network of validator nodes that manages a scalable, high-throughput, secure proof-of-stake consensus. The ParaTime Layer hosts multiple parallel runtimes (ParaTimes), representing a replicated compute environment.

The Oasis Network offers secretive smart contracts, enabling <a href="https://www.cryptoknowmics.com/news/brave-browser-added-solana-based-dapps-in-its-version-1-41/" target="_blank" rel="noopener">DApps</a> to leverage private information and opening up new use cases for blockchain technology. At the Consensus Layer of Oasis Network, the $ROSE token is used for transaction fees, staking, and delegation.

$ROSE currently trades at $0.092 and has a market cap of $434 million. $ROSE token price has jumped almost 2x in the past few days. On 28 July, Oasis announced its collaboration with <a href="https://www.cryptoknowmics.com/news/ftc-sues-meta-citing-a-violation-of-antitrust-laws/" target="_blank" rel="noopener">Meta</a> and introduced its platform to the world for evaluating the fairness of Meta's goods while upholding individual privacy.

Market participants are excited about this partnership, and their interest is clear from the recent price action of the $ROSE token.

<img class="alignnone wp-image-244280 size-large" src="https://www.cryptoknowmics.com/news/wp-content/uploads/2022/08/pricechartrose-1024x557.png" alt="Price chart of Rose" width="1024" height="557" />
<h2>3. dYdX</h2>
<a href="https://www.cryptoknowmics.com/news/crypto-exchange-dydx-is-building-its-own-l1-blockchain-on-cosmos/" target="_blank" rel="noopener">dYdX</a> is a decentralized exchange that offers users access to essential financial products such as perpetual, margin and spot trading, lending, and borrowing. With the help of dYdX, traders can short-sell tokens, increase exposure by longing with leverage, or move swiftly by earning interest on deposited tokens. The platform also provides traders with off-chain order books with on-chain settlement.

dYdX combines the speed and usability of a centralized exchange with the security and transparency of a decentralized one by using StarkWare's Layer 2 so that users can trust centralized exchanges when they trade this way. With the governance token dYdX, the dYdX Protocol community can now fully own and control the Layer 2 protocol.

By allowing shared control, dYdX synchronized incentives between traders, liquidity providers, and Layer 2 protocol partners. The dYdX platform offers robust governance, incentives, and a <a href="https://www.cryptoknowmics.com/news/crypto-services-app-abra-now-supports-on-eth2-staking/" target="_blank" rel="noopener">staking</a> ecosystem, all intended to promote further decentralization and evolution of the dYdX Layer 2 protocol.

Alongside dYdX, two staking pools that support liquidity and security on the dYdX Layer 2 protocol were also created. Reward programs for trading, liquidity provision, and prior use of all dYdX protocols will aid in the dYdX Layer 2 protocol's expansion and adoption.

$dYdX currently trades at $2.70 and has a market cap of $292 million. $dYdX chart is forming a clear higher high and higher low market structure, and it appears ready for a pump.

<img class="alignnone wp-image-244287 size-large" src="https://www.cryptoknowmics.com/news/wp-content/uploads/2022/08/pricechartdydx-1024x521.png" alt="pricechart of dydx" width="1024" height="521" />
<h2>4. Synthetix (SNX)</h2>
Synthetix is a decentralized platform for issuing synthetic assets, a <a href="https://www.cryptoknowmics.com/news/best-ethereum-layer-2-solutions/" target="_blank" rel="noopener">Layer 2 scaling solution</a> built on Ethereum. The Synthetix Network Token ($SNX), which, when locked in the contract, authorizes the generation of synthetic assets, serves as security for these virtual assets (Synths).

Users can make conversions between Synths directly through the smart contract using this pooled collateral architecture, doing away with the requirement for counterparties. This approach resolves the liquidity and slippage problems that DEXs have. Synthetix supports fictitious fiat money, long and short cryptocurrency positions, and commodities.

Owners of SNX are encouraged to stake their tokens because integrators pay them a pro proportionate share of the fees made from activity on Synthetix (Kwenta, Lyra, Curve, dHEDGE, and many others). SNX token's value derives from the privilege of participating in the network and capturing fees made from Synth exchanges. Having <a href="https://www.cryptoknowmics.com/news/snx-technical-analysis-recovering-prices-prepares-to-exceed-to-3-5/" target="_blank" rel="noopener">$SNX</a> is not necessary to trade on the Synthetix network.

$SNX currently trades at $3.76 and has a market cap of $853 million. $SNX has been performing better even against Eth token pair. Their upcoming Synthetix V3 update and $SNX stakers receiving around $400 k from protocol usage is the reason behind this price action.

<img class="alignnone wp-image-244289 size-large" src="https://www.cryptoknowmics.com/news/wp-content/uploads/2022/08/pricechartsnx-1024x549.png" alt="price chart of snx" width="1024" height="549" />
<h2>5. Optimism (OP)</h2>
The primary function of Optimism is to batch transactions on the network. Optimism enables customers to take advantage of decreased gas rates on transactions carried out on the Optimism network through the <a href="https://www.cryptoknowmics.com/news/could-optimistic-and-zero-knowledge-rollups-transform-and-improve-network-performance/" target="_blank" rel="noopener">Optimistic roll-up technology</a>. The project's native token is called $OP.

OP's current use cases include the following:
<ul>
 	<li>Governance: OP token holders participate in a bicameral structure that allows them to vote on specific governance issues through a body they form.</li>
 	<li>Rewards and Ecosystem Funding: Users and protocols that support the Optimism ecosystem are airdropped OP tokens by the OP Governance Fund for future projects building on Optimism.</li>
</ul>
$OP currently trades at $1.652 and has a market cap of $347 million. $OP token was one of the best performers of the last week. Layer 2 narrative is picking up, and $OP is one of the top Layer 2 solutions, attracting investors and capital. TVL is continuously rising on Optimism, and DApps on Optimism are also seeing adoption.

<img class="alignnone wp-image-244290 size-large" src="https://www.cryptoknowmics.com/news/wp-content/uploads/2022/08/pricechartop-1024x554.png" alt="price chart of op" width="1024" height="554" />
<h2>Conclusion</h2>
If <a href="https://www.bls.gov/cpi/data.htm" target="_blank" rel="nofollow noopener">CPI data</a> in August show that inflation is coming down, then this market rally is expected to continue. Should inflation data come out hot, the market could see another downtrend. <a href="https://www.cryptoknowmics.com/news/can-the-upcoming-ethereum-merge-rekindle-the-crypto-market-bullrun/" target="_blank" rel="noopener">Ethereum merge</a> update will also take place in September. The success or failure of the launch will likewise determine the market's direction. Do your research before investing in any project. This article is for educational purposes and does not intend to act as investment advice.

A Glance at the The Top 5 Altcoins of the Week

<p id="f39d3eb8-ed6b-41a0-99e7-f75236eb6287" class="quill-block">If you have been in the cryptocurrency world for some time, then you must have come across the term FUD. FUD stands for Fear, Uncertainty, and Doubt. The term was first coined by American business magnate and investor Warren Buffett. FUD is a popular approach for scammers in the crypto space to spread bad information about a certain coin or venture to reduce the price so that they may buy it at a lower price.</p>
<p id="f39d3eb8-ed6b-41a0-99e7-f75236eb6287" class="quill-block">FUD tactics aim to convince people that they must buy a product or invest in a company before it's too late. This fear of missing out (<a href="https://www.cryptoknowmics.com/news/crypto-signals-to-look-out-for-when-experiencing-fomo/">FOMO</a>) can be a powerful motivator, especially when people feel they might miss out on something big. However, FUD tactics can also backfire if people feel like they are being manipulated or tricked. In some cases, it can even create negative PR for a company.</p>
<p id="f39d3eb8-ed6b-41a0-99e7-f75236eb6287" class="quill-block">When investing, FUD is sometimes used to talk people out of buying a stock or cryptocurrency. For example, someone might say that a particular coin is about to crash and that you should sell it before it's too late. Or, they might try to spread rumors that a company is going bankrupt to drive down its stock price.</p>
<p id="f39d3eb8-ed6b-41a0-99e7-f75236eb6287" class="quill-block">FUD is also sometimes used as a strategy in business competition. For example, a company might try to spread FUD about a competitor's new product to make people hesitant to buy it.</p>

<h2><strong>When Can FUD Occur?</strong></h2>
<p id="f39d3eb8-ed6b-41a0-99e7-f75236eb6287" class="quill-block">FUD can occur at any time, but it is most likely to happen when there is negative news or information about a company that investors see as unfavorable. This can be anything from a decrease in earnings to problems with products or services. FUD can also occur when a company is going through a major change, such as a merger or acquisition.</p>
<p id="f39d3eb8-ed6b-41a0-99e7-f75236eb6287" class="quill-block">FUD can have a major impact on a company's share price. When investors worry about a company, they may sell their shares, which can cause the price to go down. If enough investors sell, it can trigger panic, and the price can fall. This is why companies need to try to avoid FUD. They can do this by communicating with investors, providing accurate information, and addressing any concerns quickly.</p>
<p id="f39d3eb8-ed6b-41a0-99e7-f75236eb6287" class="quill-block">FUD can have a major impact on a company's share price. When investors are worried about a company, they may sell their shares, which can cause the price to go down. If enough investors sell, it can trigger panic and drop prices. This is why companies need to try to avoid FUD. They can do this by communicating regularly with investors, providing accurate information, and addressing concerns.</p>

<h2><strong>FUD In Investing</strong></h2>
<p id="f39d3eb8-ed6b-41a0-99e7-f75236eb6287" class="quill-block">In investing, FUD can describe pessimistically biased investors against a particular stock or market sector. For example, an investor may be said to have a "FUD bias" against tech stocks. FUD bias and FUD itself can both lead to bad investment decisions. For example, investors with a FUD bias against tech stocks may avoid investing in some of the market's best-performing sectors. Alternatively, if an investor succumbs to FUD and sells their stock holdings during a market downturn, they may miss out on an opportunity to buy low and sell high.</p>
<p id="f39d3eb8-ed6b-41a0-99e7-f75236eb6287" class="quill-block">Unscrupulous investors can also use FUD to manipulate markets. For example, an investor may spread false or misleading information about a stock to drive down the price and buy it at a lower price. This is known as "pump and dump" fraud.</p>
<p id="f39d3eb8-ed6b-41a0-99e7-f75236eb6287" class="quill-block">In short, FUD bias and FUD can both be detrimental to your investment portfolio. Knowing these terms and how they can impact your decision-making process is important. If you're ever feeling unsure about an investment, it's always best to consult with a financial advisor to get professional guidance.</p>

<h2><strong>FUD In the Crypto Space</strong></h2>
<p id="f39d3eb8-ed6b-41a0-99e7-f75236eb6287" class="quill-block">FUD is often used in crypto to spread negative information about a project to drive down its price. FUD can be spread by anyone with a vested interest in seeing a project fail. This can include short-sellers looking to make a quick profit or even members of a competing project.</p>
<p id="f39d3eb8-ed6b-41a0-99e7-f75236eb6287" class="quill-block">FUD can have a significant impact on the price of a cryptocurrency. In some cases, <a href="https://academy.binance.com/en/glossary/fear-uncertainty-and-doubt" target="_blank" rel="nofollow noopener">FUD</a> can manipulate prices to create buying or selling opportunities. FUD within the crypto space is often spread through social media, online forums, and chatrooms. It can be challenging to distinguish between FUD and genuine concerns about a project. As such, you need to do your research before making any investment decisions.</p>
<p id="f39d3eb8-ed6b-41a0-99e7-f75236eb6287" class="quill-block">If you see someone spreading FUD, the best thing you can do is to ignore them. Avoid engaging with them in any discussion, and don't let them get to you. FUD can have a negative impact on the price of a cryptocurrency, but it shouldn't be used to make investment decisions.</p>

<h2 class="quill-block"><strong>Conclusion</strong></h2>
<p id="f39d3eb8-ed6b-41a0-99e7-f75236eb6287" class="quill-block">FUD is a common term in the crypto and investment world that stands for fear, uncertainty, and doubt. Investors often use this strategy to try to talk down the price of an asset to buy it at a lower price. While this strategy can work in the short term, it is not a good long-term investment strategy as it relies on investors being able to predict when other investors will start selling accurately.</p>

What Is FUD Strategy and How Does it Impact Investment?

NFTs were the center point of attraction during this bull run. Daily million dollars worth of NFTs were traded on several NFT marketplaces. These marketplaces generated millions of dollars in revenue. They made the whole user experience of buying &amp; selling NFTs easy for the public. NFT artists were able to reach a large number of people due to these marketplaces. This article will serve as a <b>guide to NFT marketplaces.</b> Here is a list of the <b>top 5 NFT marketplaces</b> where you can buy and sell NFTs.
<h2>Top 5 NFT Marketplaces</h2>
<h3>1. Open Sea</h3>
One of the world's first and <b>top 5 NFT marketplaces</b>, you can think of OpenSea as <a href="https://www.cryptoknowmics.com/news/ebay-announces-acquirement-of-nft-marketplace-knownorigin/">eBay</a> for digital collectibles.

Devin Finzer and Alex Atallah established OpenSea in New York City in 2017. They soon submitted the business to the renowned Y Combinator startup incubator, where it was immediately backed with $2.7M.

It is a P2P marketplace exclusively created for NFT users. More specifically, OpenSea offers the setting necessary for producing and exchanging NFTs. The benefit of this platform is that it makes the majority of its operations, if not all of them, possible on the blockchain.

Decentralization is a vital component of the platform since users can produce, purchase, and sell NFT-based digital goods without the assistance of a middleman. The ability of OpenSea to streamline the challenging procedures involved in controlling and profiting from NFTs is another noteworthy aspect of the platform.

You don't need to know how to code to develop NFTs on OpenSea. There are also no technical requirements for using its trading interface. OpenSea is the best option for beginners because all of the essential procedures may be carried out without any issue.
<h3>2. Magic Eden</h3>
Magic Eden was launched on September 17, 2021. While many of Magic Eden's rivals operate on the Ethereum blockchain, buying and selling NFTs on the Magic Eden marketplace requires the SOL token and a Solana-compliant wallet (such as Exodus or phantom). It is the <b>top NFT marketplace</b> based on the Solana ecosystem.

It is not required to consider the cost of each transaction because listing, purchasing, and adjusting the price of NFTs on Solana is far cheaper than it is on Ethereum. For the novice and seasoned producers and purchasers of NFTs, Magic Eden cut the entry hurdle by placing the transaction price at 2 percent and removing the listing fee entirely.

The transaction process on Magic Eden is considerably more cost-effective than its rivals, thanks to Solana's cheaper gas expenses, which are typically just pennies. On Ethereum, for instance, gas costs can be in the range of $100, sometimes even exceeding the NFT's value.

Magic Eden has developed into a fiercely competitive cryptocurrency video game market because of its vibrant community of NFT buyers and developers. It claims to control 92 percent of the gaming market in Solana as of the debut of its new gaming platform, Eden Games.

The NFT marketplace has said that it will allocate a portion of its Series A capital to expanding its Magic Eden ecosystem-related gaming platform.
<h3>3. LooksRare</h3>
LooksRare set out to unseat OpenSea from the top rank in the NFT marketplace. It is a decentralized, community-focused NFT marketplace that actively compensates users for using the service, including traders, token holders, creators, and collectors. The platform was started by two unnamed founders using the aliases "Zodd" and "Guts" in January 2022, with a team of 11 people working on the project's development. It is the <b>best NFT marketplace</b> among all decentralized marketplaces.

The native token that drives the LooksRare marketplace is called LOOKS. At the time of writing this article, it has a 468 million circulating supply and is trading at $ 0.34.

Users of LooksRare can stake their LOOKS tokens to earn over 64 percent annual percentage yields in both WETH (wrapped ether) and LOOKS. With a rise in stakeholder onboarding, the APR will gradually decline.

Active and passive staking are both different. Most token investors are active investors, and their LOOKS tokens are fully unlocked. For passive stakeholders, their LOOKS tokens—such as treasury, team, and strategic sale tokens—are locked for trade but unlocked for staking. When passive stakers stake LOOKS, they do not receive additional tokens.
<h3>4. Rarible</h3>
Rarible, the first community-owned NFT marketplace, uses its RARI token, the first governance token in the NFT space, to power this style of platform managed by the community. Rarible is taking a page out of the DeFi playbook by providing users with a token that has governance abilities.

Alex Salnikov and Alexei Falin created the Moscow-based website Rarible at the beginning of 2020, which is essentially a digital NFT platform with an emphasis on art materials. Similar to OpenSea, <a href="https://rarible.com/" target="_blank" rel="nofollow noopener">Rarible</a> has a marketplace where users can exchange different NFTs. Users can also produce NFTs, or non-fungible tokens, using Rarible, a process known as "minting". It's a significant deal for many content producers. An artist might, for instance, offer their works as NFTs, such as books, music CDs, or movies.

Most significantly, Rarible is putting a lot of effort into developing an independent platform that a community governance model governs. Additionally, Rarible is now making significant progress toward becoming an actual decentralized autonomous organization (DAO).
<h3>5. SuperRare</h3>
One of the top 5 NFT marketplaces, SuperRare is a niche cryptocurrency art marketplace that features a carefully curated selection of digital artwork created by established NFT artists and up-and-coming artists.

The SuperRare NFT marketplace started as a centralized platform in 2018, that used its core team to vet artists. However, in 2021, the company issued its RARE governance token, beginning the process of becoming a decentralized autonomous organization (<a href="https://www.cryptoknowmics.com/news/daos-are-decentralized-organizations-are-they-actually-so/">DAO</a>) run by a group of artists and collectors.

In general, the SuperRare NFT marketplace does not list NFTs linked to digital game assets, domains, or music because it is focused on art-oriented NFTs. From psychedelic and conceptual art to photorealistic graphics, SuperRare contains works that cover a wide range of artistic genres.

SuperRare began as a high-end art gallery that only featured exclusive NFT collections from well-known artists, which its core team had approved. However, in 2021, the platform introduced its RARE token to simplify platform governance, transforming it into a decentralized autonomous organization (DAO) led by its community of creators and collectors.
<h2>Conclusion</h2>
NFT marketplaces are bringing new features to their platform which is boosting the NFT ecosystem. OpenSea is outrightly a leader in the NFT space, due to its smooth UI/UX and reliable services. There is tough competition in the NFT space among the top 5 NFT marketplaces to maintain and grow their user base. It's possible in the future that a decentralized marketplace will take the first spot from OpenSea.

A Guide to The Top 5 NFT Marketplaces

Now you can do it from your phone, too.

Whether you own an iPhone or an Android, there are plenty of mobile-friendly exchanges and wallets you can use to start trading Dogecoin. In this guide, we will walk you through everything you need to know about using Dogecoin on your mobile device.

Before we jump into the guide, we want to make sure that you understand what Dogecoin is, what its key features are, and why you should consider investing in DOGE or using the crypto for payments, even in a world where new altcoins pop up every day.
<h2>What Dogecoin Is And How You Can Use It</h2>
Dogecoin is an open-source, peer-to-peer digital currency with a strong community behind it. Created in 2013 by Billy Markus and Jackson Palmer, DOGE started out as a meme. The Shiba Inu dog from the Doge Meme became the coin’s mascot, and the altcoin quickly became popular among the crypto community on sheer hype alone.

Today, Dogecoin is one of the most popular altcoins, but you might still be wondering - is there more to this coin than just its memе-worthiness?
<h3>Dogecoin’s key features include:</h3>
<ul>
 	<li>Fast transaction times</li>
 	<li>Infinite supply</li>
 	<li>Extremely low fees</li>
 	<li>Popularity and a strong community</li>
</ul>
Dogecoin’s popularity did start because it was a meme. However, the DOGE team has been working on some serious development, which has helped the altcoin gain even more traction.

Of course, we can't underestimate DOGE's ultimate supporter, Elon Musk. His tweets about the coin have helped propel the coin to new heights - plus, <u>Tesla even accepts it as payment</u><u>.</u> That's right, thanks to Elon’s continuous support of the altcoin, you can buy a Tesla with Dogecoin.
<h3>But what else is the crypto good for?</h3>
Dogecoin Use Cases (Spoiler Alert: They Are Growing By The Minute)

Dogecoin is a fun, new, and rapidly growing form of digital currency. And, as with any other currency, you can use it to buy goods and services, or trade it for other assets (both other cryptocurrencies or traditional currency like US dollars).
<h2>What can you buy with Dogecoin?</h2>
Lots of things!

A new Tesla car is one example, of course, but did you know that you can also use your Dogecoins to pay for goods and services by companies like GameStop, Newegg, and Twitch? In fact, DOGE is one of the best cryptos for gaming enthusiasts in 2022. Whether you're tipping your favorite streamers or grabbing a new game at GameStop, you can use Dogecoin to do it.
<h2>What else is possible?</h2>
Gambling is another popular use for Dogecoin. After all, what's more fun than using your DOGE to play casino games or bet on sports? Crypto casinos tend to have lower house edges and offer better returns to their players. You can find a growing number of <a href="https://casinosblockchain.io/dogecoin-casinos/" target="_blank" rel="noopener"><u>casinos that accept</u> <u>Dogecoin</u></a> in 2022, and we're sure the coin will become increasingly popular with gamblers in the years to come.
<h2>What about investing?</h2>
Many people are using Dogecoin as an investment or they trade it, hoping to make money on the price swings. While it's not backed by any government or central bank, DOGE has shown

itself to be a very interesting asset over the years. This, combined with its low price and high potential for growth, makes it an attractive investment for many people.

Still, remember that DOGE was never created to be speculative - hence the unlimited supply. So, keep in mind that it is a risky investment and only put in what you're willing to lose.
<h2>How to Use Dogecoin on Your Phone</h2>
Convinced already? We thought as much. Dogecoin is one of the cryptos that we get the most questions about. And, considering we do virtually everything on our phones these days, it makes sense that many people want to know how to <a href="https://www.cryptoknowmics.com/news/marketing-tricks-elon-musk-has-used-to-promote-dogecoin/" target="_blank" rel="noopener">use Dogecoin</a> on their phones.

Well, the good news is that it's not as difficult as you might think.

First, you need a wallet to store your Dogecoin. If you don't have one, we recommend that you sign up with a Dogecoin wallet provider such as Exodus.

Once you've signed up, you can download the wallet app for either your iPhone or Android device. We'll give you our recommendations for mobile-friendly wallets in a bit, but for now, make sure there is an app to begin with. Mobile browsers are not as secure as you might think and accessing your wallet via your phone's browser could lead to your funds being stolen.

Wallet installed and ready to go, you will need to buy some Dogecoin. You do that at a crypto exchange - it's not unlike using a currency exchange, but you are changing your dollars or pounds for cryptos instead.

We use and recommend Kraken and Binance, but there are also exchanges integrated within some wallets themselves.

Now that you have bought your DOGE, don't waste time transferring it to your wallet. With the major exchanges, you'll need to wait for your transaction to be confirmed before the coins are credited to your account. Once they are, simply send your Dogecoin over to your wallet. Remember to never leave money on the exchange unless you're actively trading it. Exchanges are a target for hackers, and it's not worth the risk.

Finally, now that the coins are in your wallet, you can start using Dogecoin to buy a car, play a cool casino game, or tip your favorite Twitch creator!
<h2>What Is the Best Dogecoin Wallet for Mobile?</h2>
Your DOGE wallet should do two things:
<ol>
 	<li>Make it easy for you to access and spend your coins.</li>
 	<li>Keep your Dogecoins safe.</li>
</ol>
There are many different types of wallets available for mobile devices, and the best one for you will depend on your individual needs. Some people prefer wallets that are designed specifically for Dogecoin, while others use a more multi-purpose wallet that can hold multiple types of cryptocurrencies. There are also wallets that are designed for specific operating systems, such as iOS or Android.

Here are our top three picks for the best DOGE wallets for mobile devices:
<h2>Best Overall: The Exodus Wallet</h2>
The <a href="https://www.cryptoknowmics.com/wallets/dogecoin-exodus-wallethttps://www.cryptoknowmics.com/wallets/dogecoin-exodus-wallet" target="_blank" rel="noopener"><u>Exodus wallet </u></a>is a user-friendly and low-fee crypto wallet that can hold up to 150 different types of assets, including Dogecoin. Plus, this wallet is available for free on iOS and Android devices.

Even better, you can buy, sell, and swap coins within the wallet itself. This removes the exchange stop from the buying and owning DOGE process. You have the exchange right within Exodus!
<h2>Best for Dogecoin Only: The Dogecoin Core Wallet</h2>
The Dogecoin Core wallet is the official wallet for Dogecoin. It is available for free on Windows, Mac, and Linux devices, and there is also an Android app. Obviously, this means iPhone users aren't invited to this party. Still, there are plenty of perks to the official Dogecoin wallet.

For one, it is incredibly easy to use. It also has no fees and it's secure. The only downside is that it can take a while to sync with the blockchain, which can be frustrating for users, since Dogecoin Core is a "full" wallet.

The solution they came up with? MultiDoge, which basically "skims" through the blockchain, rather than downloading it entirely.
<h2>Best for Beginners: Coinbase</h2>
We couldn't do a crypto wallet article without mentioning <u>Coinbase</u>. While more advanced users dislike the high fees and lack of control, Coinbase is one of the easiest ways to buy, sell, and store cryptocurrencies.

Coinbase is available for free on iOS and Android devices, and it also has a desktop app.

Coinbase allows users to buy and sell DOGE, along with a large selection of other cryptocurrencies.

One thing to note is that Coinbase does not currently allow users to withdraw DOGE to another wallet, so if you want to do that, you'll need to use a different wallet. Essentially, Coinbase is for those who want to play around with potential DOGE gains, not people who want to actually use the crypto.
<h2>Final Thoughts</h2>
Dogecoin is a popular cryptocurrency with a growing number of use cases, including buying goods and services online, gambling, or even purchasing your next car.

In order to use Dogecoin on your phone, you will need to download a wallet app and purchase some coins. Once you have done this, you can use Dogecoin to shop, send money to friends and family, play your favorite casino games, and so much more!

Dogecoin is a convenient and easy-to-use cryptocurrency, and with a little bit of research, you can start using it today.

All You Need To Know About Using Dogecoin On Your Phone

One of the most significant issues the supply and manufacturing industry faces is counterfeiting. It is estimated that the value of illicit goods is around half a trillion dollars annually, a huge problem affecting companies producing original products. Years ago, this was a relatively small-time business, but it has since grown to become a significant issue for many companies.

The counterfeiting industry is a complex business with devastating effects on the individuals and companies it affects. According to the World Health Organization, around 30% of the drugs in circulation are fake, and <a href="https://www.who.int/news/item/28-11-2017-1-in-10-medical-products-in-developing-countries-is-substandard-or-falsified" target="_blank" rel="nofollow noopener">1 in 10 medical products</a> in developing countries is counterfeit, responsible for about a million deaths annually.

Despite the fight against counterfeiters, it's still not always possible to tell if a product is real or fake. Retailers must have the necessary tools and resources to combat this issue. Unfortunately, the various technologies used to combat counterfeits have failed. It is why blockchain technology could be a viable solution to help prevent fraud. This article discusses the various advantages of blockchain-based technology VeChain and its traceability solution that can help businesses <strong>prevent counterfeiting</strong>.
<h2><strong>What is VeChain (VET)?</strong></h2>
As one of the first blockchains built specifically for enterprise-level clients, <a href="https://www.cryptoknowmics.com/news/vechain-has-announced-a-new-partnership-with-crypto-payment-services">VeChain</a> aims to improve the efficiency of the supply chain. The project's developers are focused on using distributed ledger technology to improve the efficiency of the business process. Its robust features allow users to enhance their supply chain management and business processes.

Due to the complexity of the logistics industry's data collection systems, the lack of transparency and transmission of this information is a significant issue that has been affecting the operations of the sector. This issue is caused by the lack of unity between the various data sources within the supply chain.

Through VeChain, businesses can track various data sources such as temperature, transportation status, and quality. It is crucial as it allows them to improve efficiency and reduce overhead. Through a distributed business ecosystem, VeChain eliminates the need for third parties and helps them improve their accountability.
<h2><strong>VeChain Traceability</strong></h2>
The Vechain network is a multi-faceted system that allows users to collect and analyze data. It includes various tools that are connected to the blockchain.
<h3><strong>Toolchain</strong></h3>
The toolchain is a fundamental component of the Vechain blockchain, allowing users to improve efficiency. However, it can also be very challenging to connect all the various components of the blockchain.

This toolchain is a part of Vechain's platform that aims to connect the Internet of Things (IoT) and the blockchain. It facilitates the transfer of data between the various devices and the blockchain. It is also a framework that integrates various components of the IoT and blockchain ecosystem. It is a vital part of the solution for monitoring and tracking the activities of multiple devices.
<h3><strong>IoT Device</strong></h3>
The <a href="https://www.cryptoknowmics.com/news/web-3-0-proves-blockchain-will-accelerate-iot-adoption">Internet of Things</a> (IoT) is a central component of the Vechain blockchain and its traceability solution. It allows users to collect and manage data related to various factors such as temperature, location, and precipitation.

The Internet of Things (IoT) devices are placed on the products under transfer or in packaging. These are then used to monitor the condition of the products. Each product has one of these devices, and the vehicle transporting them has one.

The Internet of Things (IoT) devices attached to a vehicle or product have the necessary conditions to ensure that the goods or services are delivered to their intended destination. They can also collect data about the conditions of the road and the time spent at a particular stop. After gathering all the necessary details, the device can then be able to provide the user with a better understanding of the surrounding area.
<h3><strong>The Blockchain Core</strong></h3>
The blockchain core is the central hub of the VeChain network. It acts as the intermediary between the various activities within the network. Once the data collected by the IoT devices is sent to the blockchain, it can be easily accessed by buyers and sellers.

The information collected by the IoT devices during the transit process can be used by the parties involved to compensate for the damages caused by the conditions. It eliminates the need for manual handling and helps protect the quality of the goods.
<h2><strong>VeChain Traceability: </strong><strong>A Viable Solution to Counterfeiting</strong></h2>
Businesses can use a blockchain-based distributed ledger to fight counterfeiting through the Internet of Things and VeChain. This platform can help companies and consumers track the origin, ownership, and location of their products and raw materials. It can also give them the necessary transparency to improve their supply chains because both the blockchain and the IoT provide a secure and unalterable way to store and manage information.

This technology can significantly improve the fight against counterfeiting by allowing authorities to track and monitor the movement of products in the supply chain. It can also prevent fraudulent activities by sharing real-time information with the government and other stakeholders.
<h3><strong>How Does VeChain Detect and Prevent Counterfeiting?</strong></h3>
Through VeChain, suppliers and manufacturers can easily track and confirm the provenance of their products. Businesses can use these smart tags in various forms, such as security labels and digital tags. Each of these can be equipped with a unique digital or QR code.

Besides security labels, companies can also use smart tags on various types of surfaces, such as ceramic or metallic. The related marks or smart tags are automatically recognized when a batch of products is entered into the blockchain network.

Before businesses can add a product or service to the blockchain, it should be thoroughly checked to ensure that it is genuine and verified. With the unique mark or barcode already on the platform, manufacturers and suppliers can easily track the entire process of their products, from their manufacturing to their sales.

A product's entire journey can be captured with smart tags, making it incredibly hard to try and replicate. Also, since the data collected by these tags are not visible on the blockchain, it can be easily separated from counterfeit goods. Businesses can also use it to confirm the authenticity of a product by looking up its origin.

When a product is recalled or is brought back for repairs due to warranty terms, or when the manufacturer discovers that the parts or the entire product are not original, companies can use the smart tag to confirm the authenticity of the goods.
<h2><strong>Conclusion</strong></h2>
Vechain is one of the most popular blockchain networks and has many use cases. However, despite the popularity of VeChain, the lack of traceability in the supply chain led to many counterfeiting incidents. However, the creation of a new supply chain management system can now help prevent counterfeiting in the process. This new technology is used in various industries, such as food, transportation, and the environment. Vechain is working to ensure that it provides the necessary tools and resources to improve the efficiency of these industries.

How Vechain and its Traceability Solution Can Prevent Counterfeiting

<p id="bfd04d5b-fd08-4f22-90b7-0489539edd88" class="quill-block">If you want to create decentralized apps, the solution may be Near Protocol. This software encourages a network of computers to operate as a platform for developers. As a consequence, creating and releasing their own decentralized application is straightforward. You'll discover everything you need to know about Near Protocol in this guide.</p>

<h2>What is Near Protocol?</h2>
<p id="4ec7218e-c9d1-4e59-be42-a450d6ed1d6e" class="quill-block"><a href="https://near.org/" target="_blank" rel="nofollow noopener">Near Protocol</a> is a blockchain protocol created to improve the performance and fees associated with Ethereum. It uses sharding in order to make its blockchain more scalable. This process essentially allows the network to be divided into multiple subnetworks, each of which can process transactions in parallel. As a result, the overall network can handle more transactions without being bogged down.</p>
<p id="33584745-d259-4035-bda6-60e8ab7985fb" class="quill-block">In addition to sharding, Near Protocol also uses something called "state sharding". This means that every machine on the network only stores a portion of the data (or "state"). By doing this, it becomes unnecessary for each machine to store the entire blockchain history. Not only does this make the network more scalable, but it also makes it more secure since there would be no single point of failure.</p>

<h2>Origin of Near</h2>
<p id="d7536a8d-f14e-4f4d-8902-d7adcff35d94" class="quill-block">The idea for the Protocol originated in early 2017 when co-founders Alex Skidanov and Illia Polosukhin were working on scaling solutions for Ethereum. They quickly realized the existing blockchain protocols were not well equipped to handle large-scale applications due to slow performance and expensive fees.</p>
<p id="8fc71f37-b416-429f-95d3-3d5d4b162f85" class="quill-block">After nearly two years of research and development, Near Protocol was finally launched in April 2019. The Protocol is powered by the NEAR token, which is used to pay for transaction fees and gas costs.</p>
<p id="a4b9cec7-206a-46c7-95d3-c478ca5f8b3b" class="quill-block">The team behind Near Protocol has set out to create a more efficient and user-friendly protocol than Ethereum. So far, they seem to be succeeding in their endeavor as the Protocol has processed over 1 million transactions.</p>

<h2>How Does Near Protocol Work?</h2>
<p id="91356e49-efe0-4299-8287-5d38d42b71bf" class="quill-block">Now that we know a bit about the background of Near Protocol, let's dive into how it works.</p>
<p id="e8653b2d-eb2c-4174-b761-ac8bb7973280" class="quill-block">The first thing to note is that Near Protocol is designed to be developer-friendly. In order to make this happen, the team behind Near created the NEAR Shell. This tool allows developers to interact with the blockchain in order to deploy and test their decentralized applications. In addition, NEAR Shell also provides developers with access to various templates and examples. As a result, getting started with Near Protocol is relatively simple.</p>
<p id="d8d71587-b594-433b-895b-677ed47a5feb" class="quill-block">In terms of consensus, Near Protocol uses "Proof-of-Stake". Under this system, those who hold NEAR tokens can stake them in order to become validators. Validators are responsible for verifying transactions and maintaining the blockchain. In return for their efforts, they receive a portion of the rewards generated by transaction fees.</p>
<p id="f8c9a2b9-4e3f-4a7a-a1f9-02bebd00971d" class="quill-block">It's also worth mentioning that Near Protocol uses sharding in order to make its blockchain more scalable. This process essentially allows the network to be divided into multiple subnetworks, each of which can process transactions in parallel. As a result, the overall network can handle more transactions without being bogged down.</p>
<p id="c9698a29-e965-4dae-aad5-f0b2ad59823e" class="quill-block">In addition to sharding, Near Protocol also uses something called "state sharding". This means that every machine on the network only stores a portion of the data (or "state"). By doing this, it becomes unnecessary for each machine to store the entire blockchain history. Not only does this make the network more scalable, but it also makes it more secure since there would be no single point of failure.</p>

<h2>Projects Based on Near</h2>
<p id="f5eb2920-035a-4df5-8f99-dd3ccb3fdfc0" class="quill-block">The Near Protocol team has been working on the project since 2017 and launched the mainnet in April 2020. Since then, a number of projects have been built on top of the Near Protocol network. Some of these projects include:</p>
<p id="cbf23778-151e-4df1-b85d-4b20da51adf7" class="quill-block"><strong>Waltonchain:</strong> Waltonchain is a blockchain platform that combines RFID technology with blockchain to create an efficient supply chain management system.</p>
<p id="37bcd3cb-3494-4f12-b689-9fd482ed133a" class="quill-block"><strong>NearShore:</strong> NearShore is a decentralized application platform built on Near Protocol. It allows developers to deploy and manage their dApps quickly. NearShore also provides a number of helpful toolkits and libraries to make dApp development easier.</p>
<p id="74f2c3b1-c038-4445-89cc-9a1f7711772f" class="quill-block"><strong>Status:</strong> Status is a mobile Ethereum client that allows users to access dApps on the go. The client also features an integrated messenger, wallet, and browser. Status is planning to integrate with Near Protocol in the future to allow users to access Near dApps.</p>
<p id="f9918f64-ca55-4bac-bf97-328285fc99c0" class="quill-block"><strong>Celer Network:</strong> Celer Network is a layer-2 scaling solution that enables fast, easy, and secure off-chain transactions. Celer Network plans to integrate with Near Protocol to enable near-instant transactions on the Celer Network.</p>

<h2>NEAR Token</h2>
<p id="449753ee-874c-4a82-b3b8-69b2b830c4e3" class="quill-block">The NEAR token is the native token of the <a href="https://www.cryptoknowmics.com/news/near-protocol-price-prediction-2022-2026-will-near-price-hit-25-by-the-end-of-2022/">Near Protocol</a>, and it is used to pay for transaction fees, gas, staking, and other services on the network. The total supply of NEAR tokens is 1 billion, and the tokens are distributed as follows:</p>
<p id="03a3e17d-b712-4476-ab53-6987fdbeadfd" class="quill-block">60% of NEAR tokens are allocated for community growth &amp; ecosystem development.</p>
<p id="4efe4d7f-82f6-4651-9111-b97f5ecf2ac4" class="quill-block">20% of NEAR tokens are allocated for stakers (validators and delegators).</p>
<p id="9a682ea2-c398-4c9f-bd6a-c715edd4fa0e" class="quill-block">15% of NEAR tokens are allocated to the NEAR Foundation.</p>
<p id="0f69f989-1aa7-4ca8-a7d0-cbd9a5cf2c22" class="quill-block">5% of NEAR tokens are allocated for the protocol developers.</p>
<p id="16f95216-b793-4cbc-ac0b-c81722779616" class="quill-block">The NEAR Foundation has a four-year vesting schedule for its tokens, with 25% of the tokens being released yearly.</p>
<p id="87a0fa77-43d4-42ed-a023-b7f373758547" class="quill-block">NEAR's token economics are designed to incentivize all participants in the network - from developers building apps to everyday users accessing those apps - to help the network grow and thrive.</p>
<p id="fa8c2d7c-552b-4766-ac35-230a7088f042" class="quill-block"><strong>Fees:</strong> NEAR charges very low transaction fees compared to other blockchains, making it more affordable for developers to build apps on the platform.</p>
<p id="6a466fde-5cb2-4bc5-b25b-0d462f92768c" class="quill-block"><strong>Rewards:</strong> NEAR offers rewards for staking and participating in consensus, providing an incentive for users to help secure and grow the network.</p>

<h2>Pros &amp; Cons</h2>
<h3 id="d5129840-f6bb-4391-af9e-d8ee63ee2574" class="quill-block">Pros</h3>
<p id="e090c524-dbb7-4ee4-b901-cba04bafd044" class="quill-block">NEAR is designed to be scalable from the ground up. This means it can handle many transactions per second (tps) without any issues.</p>
<p id="b4980e9a-296e-4612-89da-70aba65f2ee7" class="quill-block">The team behind Near Protocol is experienced and has a strong track record. They have worked on projects like Ethereum, Filecoin, and IPFS.</p>
<p id="9d54fcaa-e07a-4ce2-83a1-2707de7d0efa" class="quill-block">The project is backed by a number of big names in the crypto space, including Andreessen Horowitz, Polychain Capital, and Electric Capital.</p>
<p id="99f79854-3297-4f96-a11c-aa62b0164412" class="quill-block">NEAR Protocol uses sharding to improve scalability. This means that transactions are processed in parallel, which leads to improved performance.</p>
<p id="7bcfe939-a6d2-4edd-8b68-b93ada8cc83a" class="quill-block">The project is still in its early stages, which means there is a lot of growth potential.</p>

<h3 id="742a0c8a-e036-4d16-9f5b-9b49b0a07786" class="quill-block">Cons</h3>
<p id="e4fa6542-848b-49d4-965d-e72b45db7200" class="quill-block">There is a lot of competition in the scalability space, making it difficult for NEAR to gain traction.</p>
<p id="af140ccf-c575-4917-af3e-348cdc9e2f64" class="quill-block">NEAR Protocol uses sharding, which could lead to some security issues.</p>
<p id="14c4ad52-d82f-4c2a-8986-40cd497a55bf" class="quill-block">The team behind Near Protocol has not been very active on social media, making it challenging to build a community around the project.</p>

<h2>Conclusion</h2>
<p id="30b4a60d-9ba0-4027-bde6-af20f0dad577" class="quill-block">Near Protocol is a great addition to the blockchain space. It offers many features that make it unique and attractive to users. Overall, Near Protocol is a great project with massive potential. We hope to see more development and adoption in the future.</p>