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Many projects have been carried out on blockchain platforms thanks to the Ethereum infrastructure. However, the vast majority of them are digital initiatives.
The CYCE crypto asset is a new concept meant to revolutionize the crypto industry by acting as a model for physical world investments.
The platform has been popularized for the last three months and proposes shifting our perspectives in ways that no one else has before.
Because cryptographic processors are utilized to mine in the blockchain system, energy usage is constant. Computers doing this procedure can be located anywhere in the world and use a combination of energy sources. Therefore, the extensive usage of blockchain in recent years, in particular, has resulted in a rise in energy consumption.
The CYCE project intends to eliminate carbon emissions in energy generation by establishing a carbon-neutral blockchain technology.
Let’s find out what it’s all about and how they plan to transform the crypto industry.What does CYCE coin have to offer?
The CYCE crypto asset is an ERC-20 token on the ETHEREUM Blockchain. Its development aims to address the world’s most pressing issue, global climate change. Thus, Cyce wants to offer a solution to help create a healthy, sustainable environment legacy for future generations.
They are creating a system with a known source and trackable carbon footprint within the renewable energy power plants. Which will be invested in by constructing carbon-neutral verification (mining) computers for the blockchain infrastructure they are developing.
Essentially, CYCE Blockchain will be the most secure and cleanest blockchain system by sourcing its energy needs from renewable sources.CYCE YES License
In Turkish, “YES” stands for Renewable Energy Power Plant. However, as CYCE wants to use the English term, they say yes to renewable energy and no to fossil fuel energy generation.
When a renewable energy power plant completes its registration through any communication channel, the system generates a CYCE YES License. The license will then be available on the power plant’s website.
Furthermore, licensed establishments will be updated regularly on the CYCE website, under the YES members category.
The primary cause of climate change is energy production, which contributes the most to the greenhouse effect. Despite these carbon reduction efforts, the production of energy from fossil fuels accounts for 84.3% of overall production.
Except for fossil fuel and nuclear power plants, all power plants generate energy from renewable sources. These power plants are as follows:
HEPP (Hydroelectric Power Plants)
WPP (Wind Power Plants)
SPP (Solar Power Plants)
BPP (Biomass Power Plants)
GPP (Geothermal Power Plants)
Wave – Tidal Power PlantsYES License reward system
The YES License also has a reward system. The primary premise of this initiative is to deposit as many CYCE tokens as possible into the power plant’s account as rewards. The rewards will come in exchange for 1 kW of installed electricity, indexed to the installed power capacity of carbon-neutral, renewable energy power plants.
The 6-stage VALUATION TABLE determines the reward scale for the plant in question. The CYCE tokens to be transferred are calculated by multiplying the total installed power amount by the VALUATION FACTOR (kW).
The determination technique is based on the amount of carbon or heat that the plant emits into the environment.CYCE Token Economy
CYCE proposes to allocate 80% of the tokens’ total supply to existing renewable energy facilities and those to be built in the following 30 years, thereby raising the value of these plants. Thus, it aims for energy investments to be rapidly channeled to this field.
The remaining 20%, though reserved for the organization, will actually be used for creating carbon-neutral BIOMASS ENERGY POWER PLANTS, which are considered renewable energy sources. The funds will come from token sale profits.
Furthermore, as part of the same project, it plans to begin the cultivation of C4 energy crops, which is one of the solutions to the same problem and to provide fuel for biomass plants through these means. C4 energy crops refer to plants that reduce the amount of carbon in the atmosphere by binding four carbons during photosynthesis.CYCE Token Exchange Process
CYCE has planned to carry out its listing on exchanges in three stages and has already completed the first. After completing the first half of the second phase, CYCE will be officially listed on exchanges and on CoinMarketCap, both locally and globally, starting from August 13.
The stages for the CYCE Coin are as follows:
Private Sale – Since its creation, the platform has been followed by the launch of the Private Sale platform, which took place on May 28. They have raised around $5,000,000 in approximately one month (the trading was done in ETH pair on MetaMask). On June 28th, this stage was completed.
ICO – The ICO began on June 28. CYCE platform devised a seven-step method and set the first stage pricing at one dollar. It has completed the 500,000-phase, which was the first target. The second phase is near completed, and the ICO is scheduled to conclude on August 10.
EXCHANGES – The first listing on an exchange is scheduled for August 13, and appropriate negotiations are still ongoing. They are in contact with local and international exchanges depending on their CoinMarketCap ranking.What is next?
CYCE has reached an arrangement with BigONE, a top 25 exchange. The CYCE and BigONE teams are working hard to finish the listing by August 13.
BigONE exchange has a daily volume of 550,000,000 USD, according to CoinCapMarket data. It receives 350,000 visitors per week.
They have a strategy after August 13 too:
CYCE Exchange Team will ensure that everyone worldwide joins this ecosystem by regularly updating the public through their communication channels.
Licensing teams will continue to grow the ecosystem by completing YES licensing processes in Turkey and worldwide.
By establishing the Carbon-Neutral Mining System, developer teams will ensure the long-term viability of blockchain technology in this environment.
Are you prepared for the most significant change in the crypto world?
Then, follow CYCE on social media to keep an eye on them and see where the project goes: Telegram, Twitter, LinkedIn.
On the CYCE site, you can also access their communication channel and whitepaper in both English and Russian.
They also have a video explaining the entire project.
You're reading Prepare For The Freshest Development In The Crypto World With Cyce Coin
OkDecentralization and Web 3.0 are hot topics in the world right now.
A byproduct of blockchain technology is the emerging world of Web 3.0. The idea behind Web 3.0 is that users on the internet will interact with each other and data will be stored in a decentralized way, giving users data privacy and sovereignty. This is different from Web 2.0, where most of the activity on the internet is composed of users interacting with each other and data stored in centralized storage locations that are controlled by large companies. These companies also profit off of the data.
Most users would prefer to have their data private, or for that matter profit off of the sales of their own data. If that is the case, why have most of us opted into major Web 2.0 platforms that store our data?
One major reason is that data storage was not broadly considered during the rise of Web 2.0. This came to light recently. But even so, and even with distrust and issues with centralized platforms, most users opt-in to receive the best user experience.
This could mean better ease of use, or better access to content. For creators, there is a connection to a potentially large community. These are the pain points that centralized platforms resolve.
Decentralized services can solve these pain points with the blockchain instead of a potentially arbitrary central decision point. The problem is one of the errors in governance.
When a decentralized system does not have a predetermined method of governance to deal with a situation, things can go haywire and need to be solved with a potentially arbitrary central decision point.
In the history of cryptocurrency, this has happened. No resolution for two conflicting ideas has resulted in “hard forks” with two cryptocurrencies emerging. Ethereum and Ethereum Classic in 2023 and Bitcoin and Bitcoin Cash in 2023 are some of the most famous examples. For Bitcoin Cash, this was followed by a fork that created Bitcoin Cash and Bitcoin SV in 2023.
What is needed is a sensible decentralized governance mode to address any eventuality.
GoFungibles Tackles Governance
GoFungibles is an upcoming NFT marketplace that features a play-to-earn mobile game and is built using the Polygon side-chain solution. This allows it to access the Ethereum network with lower gas fees when minting NFTs.
GoFungibles also bridges NFTs and decentralized finance together with staking and yield farming powered by its utility and governance token, $GFTS.
Here is how governance works in GoFungibles.
Once launched, the GoFungibles team roadmap includes creating a DAO, or Decentralized Autonomous Organization. A DAO exists to create or remodel services on the platform and is run by the community without a centralized authority. It is also fully transparent and every vote appears on the blockchain.
In addition to other benefits such as yield farming, and other financial value and/or utility on the GoFungibles platform, the token is also a governance token.
$GFTS token holders that stake their tokens are the eligible voters in this community. The number of votes is proportional to the amount of staked tokens. Those with the greatest interest in the benefit of the platform are also granted the greatest influence, creating a win-win for the community as a whole.
For example, User A has X number of staked tokens. User B has a 2X number of staked tokens. User C has a 1.5X number of staked tokens. User A would get 1 vote, User B would get 2 votes, and User C would get 1.5 votes.
As the tokens are staked, this prevents bad actors from being able to make detrimental decisions and then dump the tokens and then secretly exit or “rug pull” the other community members.
Again, this is a DAO, so the GoFungibles team will not be able to override the decisions of the community and the community is protected against a rug pull from any team members.
An additional layer of security is built-in with the Polygon framework built on top of Ethereum, the world’s leading application-layer blockchain.
Bringing a DAO community governance framework to the GoFungibles platform makes it one of the most exciting new projects being built on Polygon and Ethereum.
Contact the GoFungibles team across social media and the web here:
Gaming is one of the most prominent industries with a large scope of applicability. More people are playing online games than ever, and it seems like everyone wants to get involved. As a result, numerous developers have created games that incorporate blockchain technology for players to buy and sell items using cryptocurrencies. Over the past few years, there has been a dramatic increase in the use of blockchain technology for gaming development, and this has birthed the new Metamortals (MORT) token and existing tokens such as The Sandbox (SAND) and Decentraland (MANA).Metamortals (MORT)
Metamortals is a blockchain-based DeFi play-to-earn gaming platform that combines saving, earning, and entertainment into one game. The native token of this game is the Metamortal (MORT) token which will be rewarded to players when they perform tasks such as exploring, providing liquidity and staking. The Metamortals (MORT) started as a BEP-20 token built on the Binance Smart Chain but is compatible with multiple systems as a multichain ecosystem.
With Metamortals (MORT), crypto enthusiasts can carry out safe and fast transactions on the Metamortals platform with very minimal transaction fees. Players can customize the games to match their fantasies in Player vs Environment (PvE) mode or Player vs Player (PvP) mode. Metamortals also plans to evolve from being a DeFi platform to a Decentralized Autonomous Application (DAO) where the holders of the Metamortals (MORT) token can vote, and contest for DAO positions, submit proposals for changes and, in general, make decisions about running the ecosystem. With the features and innovations that Metamortals (MORT) boasts, the success of the token after its launch is lurking on the horizon.The Sandbox (SAND)
The Sandbox is based on the Ethereum blockchain and was launched in 2011 by Pixowl. It is a virtual world that allows users to create, purchase and sell digital assets in the form of a game. The Sandbox combines the application of Decentralized Autonomous Organizations (DAO) and Non-Fungible Tokens (NFTs) to build a decentralized platform in the guise of a gaming space where users can be creators and gamers at the same time. With The Sandbox (SAND) and although it has experienced a few price plunges in 2023, the token is still popular in the gaming community.Decentraland (MANA)
With Decentraland, the line between reality and the digital world blurs. Often compared to The Sandbox, Decentraland is a virtual reality (VR) platform built on the Ethereum blockchain. On Decentraland, users purchase VR plots of land that they can build upon and sell. The platform also doubles as a gaming space by providing interactive 3D games. Decentraland utilizes two native tokens: LAND and MANA. Decentraland (MANA) token can control procedures, propose ideas and vote on the platform through the DAO structure. Decentraland has helped users make fortunes by creating and selling items (such as avatars and other items) on the Decentraland marketplace for MANA tokens. The cryptocurrency world is reshaping the gaming industry in ways that were never envisioned before. The rapid growth of cryptocurrency is transforming the way people perceive and use gaming as a means of entertainment, earning more and enjoying every moment. Metamortals (MORT) seeks to make an outstanding impact in the crypto space through gaming and this token is capable of attracting mass interest.Metamortals (MORT)
Top 10 ways of AI how assisting investors are investing their money in the crypto market.
Cryptocurrencies are digital payment methods created using cryptographic algorithms. Manually tracking cryptocurrency investments can be difficult as the market is constantly fluctuating. Errors can even be made when calculating the value of a cryptocurrency or making an investment strategy. The evolving crypto market can make digital currency investments difficult to track and value. Researching and analyzing the crypto market is time-consuming. This is where cryptocurrency AI can help streamline the process.Here are some ways AI can help crypto market investors make money:
Data monetization is a very useful system for small businesses that want to make crypto trading easy. AI development and growth are very costly for organizations that don’t keep records. With the help of decentralized marketplaces, small businesses can create otherwise somewhat expensive spaces.
Analysing Market Sentiments
To process various data, market sentiment needs to be analyzed. With the help of machine learning and artificial intelligence, analysis can be performed automatically and results can be delivered in a short time. This helps investors analyze what stage the market is currently in.
Using Decentralised Platforms
A decentralized platform is used to create peer-to-peer predictions. These predictions are based on the experience of network participants. With the help of these decentralized platforms, investors can make accurate predictions about cryptocurrencies. This helps them analyze which cryptocurrencies to invest in and which ones to avoid. increase.
Used for Automated Trading
Machine learning and artificial intelligence play an important role in automated trading. These automated trading activities are performed by crypto bots. The emergence of crypto bots frees traders from activities such as monitoring crypto markets, calculating when to open positions, and more. Using a crypto bot to trade digital assets eliminates the fear factor and risks associated with trading.
Machine learning code allows traders and investors to easily update and retrain their operations when better data becomes available. This smart computing power allows you to tackle tasks more intelligently and efficiently.
The value of the virtual currency is constantly changing. This complicates the task of manually identifying market research, analysis, and forecasts. AI can collect vast amounts of data, analyze markets, and make accurate investment forecasts efficiently and without error.
Sentiment Analysis of the Crypto Market
AI can assess people’s opinions and sentiments on specific topics. Sentiment analysis is the use of AI and natural language processing (NLP) to analyze people’s feelings and opinions about a given topic. Market manipulation alerts can be detected by the abnormal behavior of the sentiment indicator.
Common types of sentiment analysis used to analyze the cryptocurrency market are:
Polarity: Once the total score is considered, analysts and investors can monitor trends and changes in scores.
Tone/Sentiment: NLP can be used to analyze the sentiment and tone of the text. Insights are gained by analyzing the different types of emotions that arise.
Aspect-based sentiment analysis may include analyzing customer feedback by associating opinions with products or services.
Deep learning models, especially deep feedforward neural networks, have already found numerous applications in quantitative finance, such as Volatility Forecast. In supervised learning schemes, neural networks are useful tools for price forecasting because their application does not require strong assumptions, in contrast to traditional time series models such as ARIMA and its extensions. Moreover, deep learning architectures capture patterns with significant generalization features, and state-of-the-art LSTM networks seem to be better suited for continuous data such as time series. Yet deep learning is often accused of lacking the core theory that can crack its black box.
Monetizing Crypto Insights
Natural Language Processing (NLP) enables data scientists and developers to create models that traders can use to get good, clean data. AI NLP techniques can be used to classify data and extract entities based on specific characteristics such as currency name, document type, currency founder, etc.
Data scientists can provide precise trading insights in a way that non-technical traders and investors can understand, via an intuitive dashboard or interface. Investors and traders can use the knowledge gained to increase their profits.
Blockchain for Framework
Decentraland and The Sandbox are taking over the cryptocurrency market in 2023.
Decentraland (MANA), the Sandbox (SAND), and Parody Coin (PARO) are three cryptocurrencies that could help in delivering good returns for your crypto portfolio. If you are looking to upgrade your portfolio, consider adding these three coins as they have shown signs of potential consolidation. The Parody Coin is currently available through a presale period and it looks as though you can add it to your crypto portfolio for the long term. Read on to find out more about these three coins and why they could be interesting additions to your portfolio in 2023.Megacube 2 launches on Decentraland
The Decentraland ecosystem received another new game with Megacube 2 launching on the MANA network. MegaCube is a new game that involves a gigantic cube containing smaller cubes that have to be mined individually until the core is reached. The first player who manages to mine the last cube gets at least 1 reward from every Sponsor. Megacube 2 features 100 Layers each representing NFTs. Users can earn exciting rewards in the form of NFTs and other tokens. The MANA Token might witness a price spike as its ecosystem expands with more interesting projects seeking to launch on its platform.Lucky Kat LAND to launch on Sandbox
Sandbox provides strong competition to other NFT-based gaming ecosystems such as Decentraland. The Lucky Kat LAND will launch on Sandbox on 11 May 2023. It will feature an NFT collection, including characters, equipment, and buildings from the Lucky Kat Land empire. The game employs an amusement park-themed world in the Sandbox Metaverse. The SAND token powers the metaverse ecosystem inside Sandbox and has seen a lot of positive price spikes in the past. You can add the SAND token for the long term as it has great investment potential and is continuously innovating and coming up with new features.Parody Coin NFT Marketplace will provide better prices
The Parody Coin ecosystem will include a swap token protocol, a bridge, and an NFT marketplace. Since the PARO Token is deployed across multiple blockchain networks, it will help users in getting better prices while minting or trading NFTs. The current NFT marketplaces are restricted primarily to the Ethereum network which charges very high fees, especially during times of congestion. Multiple blockchain interoperability provided by Parody Coin will help in overcoming this issue. The Parody Coin ecosystem will be powered by the PARO Token, a cryptocurrency that will help users in gaining access to passive sources of income. The Parody NFTs will work as popular and parody versions of mainstream NFTs. Through a bridge that will be deployed soon, the original user will be able to gain access to Parody NFTs if the original NFT is burnt. In this manner, the Parody NFTs will help in ensuring strong utility for the Parody Coin ecosystem. Unlike other coins, the Parody coin is a deflationary token and the supply will gradually decrease over time. This will help in ensuring a healthy price rise for the PARO token. You can purchase the PARO TokenLinks:
Decentraland (MANA), the Sandbox (SAND), and Parody Coin (PARO) are three cryptocurrencies that could help in delivering good returns for your crypto portfolio. If you are looking to upgrade your portfolio, consider adding these three coins as they have shown signs of potential consolidation. The Parody Coin is currently available through a presale period and it looks as though you can add it to your crypto portfolio for the long term. Read on to find out more about these three coins and why they could be interesting additions to your portfolio in chúng tôi Decentraland ecosystem received another new game with Megacube 2 launching on the MANA network. MegaCube is a new game that involves a gigantic cube containing smaller cubes that have to be mined individually until the core is reached. The first player who manages to mine the last cube gets at least 1 reward from every Sponsor. Megacube 2 features 100 Layers each representing NFTs. Users can earn exciting rewards in the form of NFTs and other tokens. The MANA Token might witness a price spike as its ecosystem expands with more interesting projects seeking to launch on its platform.Sandbox provides strong competition to other NFT-based gaming ecosystems such as Decentraland. The Lucky Kat LAND will launch on Sandbox on 11 May 2023. It will feature an NFT collection, including characters, equipment, and buildings from the Lucky Kat Land empire. The game employs an amusement park-themed world in the Sandbox Metaverse. The SAND token powers the metaverse ecosystem inside Sandbox and has seen a lot of positive price spikes in the past. You can add the SAND token for the long term as it has great investment potential and is continuously innovating and coming up with new chúng tôi Parody Coin ecosystem will include a swap token protocol, a bridge, and an NFT marketplace. Since the PARO Token is deployed across multiple blockchain networks, it will help users in getting better prices while minting or trading NFTs. The current NFT marketplaces are restricted primarily to the Ethereum network which charges very high fees, especially during times of congestion. Multiple blockchain interoperability provided by Parody Coin will help in overcoming this issue. The Parody Coin ecosystem will be powered by the PARO Token, a cryptocurrency that will help users in gaining access to passive sources of income. The Parody NFTs will work as popular and parody versions of mainstream NFTs. Through a bridge that will be deployed soon, the original user will be able to gain access to Parody NFTs if the original NFT is burnt. In this manner, the Parody NFTs will help in ensuring strong utility for the Parody Coin ecosystem. Unlike other coins, the Parody coin is a deflationary token and the supply will gradually decrease over time. This will help in ensuring a healthy price rise for the PARO token. You can purchase the PARO Token here through the presale. It is available at a very low price, so ensure you accumulate enough to allow your crypto portfolio to grow over time. Since the PARO Token provides passive rewards, your crypto portfolio will see the accumulation of more tokens by holding the tokens in your wallet. Always remember to diversify your holdings and withdraw profits at regular intervals. Cryptocurrencies are a powerful investment instrument but need proper risk mitigation and management to ensure sufficient returns. Ignore short-term volatility as big gains are made only in the long term. Most cryptocurrency veteran investors have gained huge returns by using the HODL strategy that includes buying for the long term and not trading even though strong price volatility may be a tempting factor, especially in the case of new token launches.
The most polluting companies in the world have been revealed. Researchers have found that just 20 different state-owned and multinational companies drive the climate emergency that threatens humanity. Although these firms are conscious of their industry’s devastating impact on the planet, they have continued to expand their operations.
20 companies have contributed to 35% of all energy-related carbon dioxide and methane worldwide, totalling 480 billion tonnes of carbon dioxide equivalent (GtCO2e) since 1965.
“The great tragedy of the climate crisis is that seven and a half billion people must pay the price – in the form of a degraded planet – so that a couple of dozen polluting interests can continue to make record profits. It is a great moral failing of our political system that we have allowed this to happen,” says Michael Mann, a leading climate specialist.
The research by Richard Heede at the Climate Accountability Institute in the US shows that just 20 companies have contributed to 35% of all energy-related carbon dioxide and methane worldwide, totalling 480 billion tonnes of carbon dioxide equivalent (GtCO2e) since 1965.
The question is, will the leaders of these firms be held accountable?Adapt, build, achieve
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Saudi Aramco 59.26 billion tonnes (of carbon dioxide poured into the atmosphere since 1965)
Chevron 43.35 billion tonnes
Gazprom 43.23 billion tonnes
ExxonMobil 41.90 billion tonnes
National Iranian Oil Co 35.66 billion tonnes
BP 34.02 billion tonnes
Royal Dutch Shell 31.95 billion tonnes
Coal India 23.12 billion tonnes
Pemex 22.65 billion tonnes
Petróleos de Venezuela 15.75 billion tonnes
PetroChina 15.63 billion tonnes
Peabody Energy 15.39 billion tonnes
ConocoPhillips 15.23 billion tonnes
Abu Dhabi National Oil Co 13.84 billion tonnes
Kuwait Petroleum Corp 13.48 billion tonnes
Iraq National Oil Co 12.60 billion tonnes
Total SA 12.35 billion tonnes
Sonatrach 12.30 billion tonnes
BHP Billiton 9.80 billion tonnes
Petrobras 8.68 billion tonnes
Will these businesses be held to account?
Perhaps not by today’s grey-haired investors and governments. However, the generation born in the 21st Century is now entering the workforce and will be the leading legislators, investors, and consumers in the next decade or so. How will they look back? In anger, most likely.
Organisations like the Climate Accountability Institute in the US want to hold big polluters to account but also “leverage accountability by carbon producers into using their skills, capital, and resources to aid rather than oppose the transition to a low-carbon or zero-carbon energy future”.
Actively lying and lobbying to protect your polluting ways won’t go down well with future generations. It is also appalling governance.
What do the biggest corporate polluters say about their activities?
They say it’s not their fault; they simply serve a human demand for oil, coal and gas.
Don’t forget, they also spend millions on lobbying governments and investors every year, showing off their ‘green credentials’.
The fact that they put money into denial rather than investing in renewable energy may also come back to haunt them.
Actively lying and lobbying to protect your polluting ways won’t go down well with future generations. It is also appalling governance.
Richard Heede at the Climate Accountability Institute says leading companies and industry associations were “aware of, or wilfully ignored, the threat of climate change from continued use of their products since the late 1950s”.
The public and political debate should focus less on individual responsibility and more on holding companies, most responsible for carbon emissions, accountable, says Heede.
According to the UN, we now have just ten years to prevent the worst effects of global warming and limit temperature rises to 1.5C above pre-industrial levels.
The five biggest oil and gas companies spent $200 million lobbying to delay, control or block policies addressing climate change.
Are people and investment funds still supporting the biggest corporate polluters?
Yes. The problem is the biggest corporate polluters are very profitable in money terms, so they still attract a lot of investment which helps them expand their operations.
There has been some investor backlash against the polluters and the environmental vandals. Some significant investment funds have said they will no longer support funds that have ‘dirty firms’ on their books.
However, it’s the future backlash that may come back to haunt them in more intensive ways.
Many of the top polluters spend millions each year lobbying governments and presenting themselves as eco-friendly.
A recent study revealed that the five most significant oil and gas companies spent $200 million lobbying to delay, control or block policies addressing climate change.
Heede said the companies have “significant moral, financial, and legal obligations and burdens related to the climate crisis”.
“The fossil fuel companies have their collective hand on the throttle and the tiller determining the rate of carbon emissions and the shift to non-carbon fuels,” says Heede.
For more on this research, go here and to The Guardian.
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