1. Unearthing Market Opportunities

Market Magic: Dive into the market landscape. Is it a promising realm that holds the potential to disrupt the status quo? Seek out defined problems and scalable prospects.

2. The Team – Pillar of Power

Talented Troupe: It’s not just about credentials but also the zeal and commitment of the team. Look for a dynamic group willing to go the extra mile for their vision.

3. The MVP – Marvelous or Mundane?

Innovation Indicator: Assess the uniqueness and value proposition of their product or service. The underlying technology, intellectual property, and competitive edge are pivotal.

4. Revenue Realm: The Business Model

Moolah Mechanics: How will the startup generate revenue? Is the path to profitability clear? Keep losses short-term for a strategic market takeover.

5. Traction – Tracking Success

Growth Gauge: Numbers speak volumes. Observe user acquisition, revenue growth, and noteworthy partnerships. Traction is proof of market demand.

6. Stand Out in the Crowd – Competitive Landscape

Against the Tide: Identify competitors, their strengths, and weaknesses. Seek a startup that challenges norms in a distinctive manner.

7. Capital Chronicles: Funding Needs

Financial Fortitude: Understand the startup’s capital requirements and their financial strategy. A well-planned financial roadmap is crucial.

8. Steer Clear of Storms: Risks and Challenges

Hurdles and How-tos: Recognize potential challenges and how the startup intends to conquer them. Smooth seas never made skilled sailors.

9. The Endgame: Exit Strategy

Roadmap to Rewards: What’s the exit plan? Is it an IPO, acquisition, or a different route? Clarity here indicates a long-term vision.

10. Investigative Journey: Due Diligence

Deep Dive: Scrutinize every detail. Legal, financial, and technical reviews are your allies. No room for unexpected surprises.

11. Legal Labyrinth: Compliance and Conformity

Rule Book Compliance: Ensure the startup follows the law. Legal complications can drain resources and momentum.

12. Time is the Essence: Market Timing

Chronicles of Opportunity: Is this the right time to enter the market? Sometimes, success depends on being in the right place at the right moment.

Always remember that each investment is a risk, but it’s the audacious ones that often lead to the most remarkable rewards. Don’t shy away from grand visions; they could be the ones to change the world.

High-Performance: Astar Network stands out for its high-speed and low latency capabilities. This makes it ideal for real-time processing decentralized applications, including decentralized exchanges and gaming platforms.

Scalability: Astar Network is designed with scalability in mind to handle a growing user base with ease, allowing developers to confidently build and launch new applications.

Security: Security is a top priority for Astar Network with advanced features such as multi-layer encryption and secure data storage to provide users peace of mind.

Cross-Chain Communication: Astar Network enables easy cross-chain communication, connecting to other blockchain networks and opening up new opportunities for innovation and collaboration.

User-Friendly Design: Astar Network prioritizes user experience with its user-friendly interface, encouraging developers to create simple and intuitive applications.

Sustainability: Astar Network considers sustainability by using efficient consensus algorithms that reduce energy consumption and minimize the environmental impact of decentralized technology.

Supportive Community: Astar Network has a strong community focused on innovation and collaboration through regular meetups, hackathons, and other events.

Robust Governance System: Astar Network features a robust governance system that allows for decentralized decision-making and community-driven approach, ensuring the network evolves to meet the needs of its users.

Future of Decentralized Technology: Astar Network is leading the way for the future of decentralized technology with its combination of performance, security, and user-friendly design.

Join the Astar Network community to be a part of the future of decentralized technology with a fast, efficient, and secure blockchain network designed for real-world applications.

Astar Network offers a cutting-edge solution for real-world applications with its high-performance, security features, and user-friendly design. It is poised to revolutionize the DeFi experience.

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Transparency and fair launches positively impact users’ trust, purchase intent, and general attitude within a target community. While most DeFi teams who launch with ICO/IDO concepts take most of the invested funds if not all to themselves, StarSwap introduces a community driven system to launch.

A Liquidity Generation Event (LGE) is an innovative launch mechanism that ensures plenty of early liquidity, and a free and fair participation process. It is 100% community oriented, and the entire funds acquired are used to seed the initial liquidity. LGE participants will be able to get a fair price gain to reward their early support.

The Star Swap team has a few strategies in place to preserve the price and community sentiment to hold:

• Platform fee distribution: StarCards NFT holders will need to acquire a good amount of Star tokens in order to get maximum benefits (the fee distribution is calculated based on 3 factors; the number of Star Cards + The rarity + The number STAR tokens).
• TAX system: The platform has a tax system that encourages users to hold instead of dumping. The longer users hold, the lower the tax becomes. At the same time, the system allows users to harvest in case they really need it, with a tax cut.
• Treasury: StarSwap is building a treasury which intends to provide a buyback price guarantee for STAR token holders
  

The liquidity generation event of StarSwap started this Monday and ends on the 7th of July at 7 am UTC. The DEX goes live at the same time at 7am UTC on the 7th. StarSwap is the only DEX on the entire DeFi space with NFT governance and 100% of the platform fee is distributed to the community.

More details about the platform can be found at https://starswap.net

They have mentioned it is not a simple contest, but a championship with two rounds. 20 Winners from the first round will be selected and they compete against each other in the final round.

In the final round participants can win:

1. First prize 2000 $ASTR tokens.
2. Second prize one StarCards NFT
3. 5 Third prizes of one Samui NFT each.

Star Swap MEME Contest Dates:

First round begins at 3PM UTC Monday (June 13th) and ends at 3PM Thursday. Results at 4PM UTC Thursday.

Final Round begins at 4PM UTC Thursday and ends at 4PM Saturday. Results at 5PM UTC Saturday.

How to participate?

• Follow StarSwap on Twitter and join our Discord
• Simply create a StarSwap or Astar-themed meme (or many memes, participants are allowed to create as many memes as they like) and post it on your twitter using the hashtag #StarSwapMeme
• Share the link to that twitter post (the meme post) in the #memes-fan-art channel in our discord.

Winners are selected according to the total engagement their memes get (number of likes, shares and replies on twitter ~ number of reactions on discord). If you post multiple memes (which will increase your chances to win), your score will be the score of the meme with the best engagement.

First round winners will be selected 72 hours after the event starts, and the final round winners will be selected after the next 48 hours.

Tips: Your meme can be about StarSwap or  Astar in general, but you’ll probably want to flatter the StarSwap community because they will account for a lot of the votes. Votes on Twitter AND Discord count for winning so you’ll want to increase your reach with hashtags, tagging friends etc. So make sure to invite your friends now so they can help you win after the elimination round!

*Participants must be following @StarSwap on Twitter and be a member in our Discord to be eligible.

Source: StarSwap Blog.
URL: https://starswap.net/blog/astar-meme-championship-with-prizes-in-astr-starcards-and-samui-nfts/

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At Rarestone Capital, we have invested, helped launch, and grown numerous Web3 projects. Over the past two years, we have seen projects fail and others succeed, all nuanced by a few critical errors or implementations that determined the fate of each respective project. The following three tips, while high-level, represent the most important things we have seen when marketing a web3 project. 

1. Stay consistent and over-communicate

Similar to traditional tech user acquisition, projects need to build an effective communications strategy that discusses what value they are providing and how it directly impacts their users and communities. First, the key is to be consistent. Going “stealth” is a wild card strategy that can be used early on to gain momentum, but should not be the focus as a roadmap progresses. Over-communicate vs. under-communicate is my advice. Especially since attention spans are decreasing and community members will take their interest elsewhere if they don’t know exactly what is happening and when. 

Second, make sure to have at least one marketer on your team. It sounds simple, but we find numerous dev-heavy teams that neglect marketing until the very last minute. In these situations, it is completely fine to outsource to agencies, but you need to have a point of contact internally to help coordinate and review each activity. Even someone junior is fine. A common misconception is that a good enough product will market itself, but the industry is becoming more crowded and moves at warp speed – you have to stand out from the crowd. 

2. Appreciate the sophistication of the Web3 generation

Communities, users, and even speculators are more sophisticated and to an extent, unforgiving. Short-term focused tactics that were often seen in the last cycle are now quickly exposed if detrimental to a project. For example, there is a recent trend that is questioning the long-term impact of staking. Often seen as a necessary early-stage strategy that helps reward engaged long-term users (and makes for a strong community announcement), industry players are now questioning the sustainability of staking. Is staking just a ploy to maintain a positive price trajectory and reduce sell pressure, or is it really about the community? 

These are the questions and dilemmas that projects need to question when building a well-rounded marketing strategy. 

3. Do not sacrifice long-term health for short-term gain 

Many projects. are not long-term focused. Make sure your marketing strategy aligns with your long-term vision and roadmap. For example, I see founders get caught up with flashy marketing campaigns that are detrimental to a project’s long-term token health. With generous emissions, interest spikes early on and then wane as community members move on to the next shiny object. During this process, you need to evaluate what risk a marketing campaign must hold and why. Without this knowledge, all it would take is one bad market downturn to eliminate all momentum and possibly create a situation that is impossible to recover from.

Here are the eight other times Bitcoin experienced major crashes.

2011: In June 2011, BTC had a massive 99% dip in the price, the price of BTC during the time fell to a single penny.

2012: In August 2012 BTC experienced a price crash of 56%.

2013: In April BTC’s price fell from $250+ to $50, losing almost 83% of its value.

2013: In December 2013 China announced a Bitcoin ban and the BTC value crashed by 50%.

2017: In December 2017 Bitcoin got hit again after the massive rally that reached $20k. The price fell to $12k shortly after, a 45% crash.

2018: In December 2018, after a minor recovery, bitcoin crashed again losing its value by 60%, this time BTC reached $5k. 2017/18 time should be considered the biggest Bitcoin crash as it’d affected hundreds of thousands of investors around the world.

2020: In March 2020 another 50% price crash happened to Bitcoin, which crashed from $10k in Feb to $4k in March.

2021: In May 2021 bitcoin took another massive hit. After reaching an ATH of $64k, the price crashed by 53%.

Yet, here were are at BTC trading at $40k today. You don’t lose anything until you sell it and never invest more than you can afford to lose.

Tensions are high globally, due to this, the cryptocurrency world is on the verge of hitting the lowest ever seen in years. The subsequent invasion of Russia in Ukraine this early morning has impacted Bitcoin and other altcoins heavily.

Bitcoin, at the time of writing, went further downhill to trade at $34,780, while Ethereum’s price took a turn for the worst as it is now $2,356 per unity. In fact, a look at the CoinMarketCap chart is almost disheartening, to say the least.

Today has been gloomy for many world leaders, individuals, and crypto enthusiasts since the news of Russia bombing some parts of Ukraine. Taking to their Twitter accounts, many crypto elites registered their disappointment with Putin.

The Russian-born co-founder of Ethereum, Vitalik Buterin asserted that he is “very upset with Putin’s decision to abandon the possibility of a peaceful solution.” He adds that Putin’s resolution to go to war instead of resolving the situation is “a crime against the Ukrainian and the Russian people.” Finally, he concludes with “Glory to Ukraine.”

The entire crypto market is in the red as the world struggles to understand what Vladimir Putin meant when he announced the start of a “special military operation” against Ukraine. The effect of this news is taking a hit not just on cryptocurrencies but also other sectors of the economy.

The global cryptocurrency market capitalization fell 5.85% over the last 24 hours to $1.55 trillion. This downturn in the crypto market was triggered by Russia’s move to launch a military attack on Ukraine this morning.

More world powers are speaking up against Putin’s ‘irrational behavior.’ More so, several sectors of the world economy will suffer in the following days if immediate action is not taken to stop Putin, many foresee.

The rollout in Afghanistan will be boosted by regional expansion, and Fantom will simultaneously offer its solutions across Central Asia.

Counterfeit Drugs: a Risky Business 

Data published by the Medicine Importers Union suggests that at least 40% of medicines and medical products enter Afghanistan illegally. What’s more, the majority of these drugs are counterfeit or substandard. Unwitting buyers of counterfeit medicines risk prolonged illness, drug resistance, or much worse.

This issue, of course, is not local to Afghanistan. Fantom’s increased regional presence will address both local counterfeit production and imports of fraudulent medical goods.

The Development and Testing of Fantom Tracker

Fantom Tracker integrates the Nigeria-based Chekkit Technologies’ scanning and verification tools with Fantom’s Opera blockchain. Immutable and blazingly fast, Opera secures manufacturer and supply-chain data and communicates it to users and consumers scanning Chekkit’s tamper-proof labels. 

In an initial pilot phase, Fantom products were rigorously tested in Afghanistan by partners:

• Royal Star Pharma: Afghanistan’s largest importer and distributor of medical goods
• Bliss GVS Pharma: A large, publicly-traded medical goods manufacturer based in Mumbai, India
• Nabros Pharma: A privately held, India-based manufacturer of pharmaceuticals and nutraceuticals

During testing, retailers and consumers used Fantom tools to verify the authenticity of upwards of 80,000 personal and medical items. Data gathered by Royal Star Pharma indicated quick adoption by a general public keen for reassurance about the safety of their purchases.

Fantom is now looking to implement a national rollout to track 210 million units focusing on high-volume critical items like vaccines and COVID test kits. 

Using Fantom Tracker

The Fantom Tracker solution will be distributed on an open-source basis, allowing any pharmaceutical enterprise to use the product. To ensure product verifiability, manufacturers simply need to affix a tamper-proof label supplied by Chekkit to drug packaging: when scanned, the label recalls vital product information, including expiry date, registration number, and more, all of which is stored on the immutable Fantom blockchain. 

Crucially, the Fantom solution is easy for the public to use. All customers need to do is to remove the scratch-off sticker from the Chekkit label. This reveals:  

• A QR code that can be scanned on an internet-enabled mobile phone with the Chekkit app, and
• A pin code for users without internet connectivity. By calling a local phone number and entering the code, users can access the same data available through the app 

Whether via internet app or phone, customers are immediately served information about product authenticity. When a counterfeit is detected, Fantom smart technology immediately notifies the retailer, manufacturer, and appropriate government agencies. 

The Afghanistan Initiative and Beyond

Implementation of the Fantom Tracker is a major part of the ongoing partnership between Fantom and the Afghanistan Ministry of Health. Under what they have called the National Medical Importation Security Initiative, the parties will continue to work together to develop comprehensive solutions to the counterfeit drug issue.  

Following the Ministry of Health announcement, Fantom CEO Michael Kong said: “Fantom is going to play a major role in addressing a chronic public-health issue. In South Asia, team members Barek Sekandari, Samuel Harcourt, Jawid Sikandar, Jakub Stepanik, and their teams played a major role in ensuring that we developed a customizable and robust product for the pilot program. I am grateful to the Afghanistan Ministry of Health for allowing us to demonstrate our scalable and user-friendly solution.”

The launch in Afghanistan represents the first step that the Fantom Foundation is taking to address a global phenomenon. According to a World Health Organization study, fake drugs comprise almost 10% of the global medicine market, a figure that implies a market of nearly $40 billion. After offering its solution regionally, Fantom will address other international markets in a broader effort to end vulnerabilities within the global supply chain.

This actually happened to someone who was actively using the social media platform Reddit as a medium to learn about cryptocurrencies and share posts and comments. He earned enough to pay for his hotel room by engaging on the website’s cryptocurrency community (a sub reddit) and sharing posts and making comments. 

The Cryptocurrency enthusiast, a user named Xen stumbled across a Reddit page discussing ‘CryptoCurrency Moons.’ He didn’t think anything of it at first and didn’t inquire further to learn about what it is. This was until he learned about ‘Moons’, a fun cryptocurrency token offered to its users based on their engagement and popularity. Yes, it is true, it can be considered as a cryptocurrency that offered as rewards to the community’s users.

At this point, Xen went from mildly interested in cryptocurrency moons to realizing this was something he needed to check out. He claimed his ‘Moons” in the Reddit App’s Vault (an option built in the app that stores the Moon rewards) and got a few thousand ‘moons’ based on his popularity in the CryptoCurrency sub reddit, and more specifically his number of upvotes.

The cryptocurrency admirer describes the simple process in 3 steps: 1) Get the Reddit app, 2) Enable the Reddit App Vault (which makes a wallet to store moons), and 3) Engage in the community, based on the upvotes you get, each month you’re rewarded with ‘moons’.

Xen was taken aback by the value of a moon trade having discovered that the price for a moon is:  $0.062. He withdrew his accumulated ‘moons’ from his vault (the wallet in the reddit app) and traded it for actual money (actually to Nano, another crypto currency).

Xen then used that money to book a hotel room, on a cryptocurrency-friendly travel site. After successfully booking, Xen enjoyed a night in his reddit-community-moons-funded hotel room with his significant other.

So what are the takeaways from this story?

Well, put simply you can use the cryptocurrency community on Reddit to make money and get rewards! 

To do this consider the following:

1. What is Your Background Knowledge on CryptoCurrency?

You want to be able to know enough within these communities to have a basis of knowledge that allows you to interact effectively with others in the community. You can absolutely learn through using these communities but make sure you are also putting something of value back into them with your comments!

2. Do You Have Content to Share?

Ultimately, more upvotes. lead to more moons which lead to Nano and then money and/or rewards. As such, you want to share content that is valuable to the community members within the cryptocurrency groups on Reddit. Ask thought-provoking questions, offer different perspectives, or propose new strategies to boost your upvotes!

3. Do You Know What to Do With Your Moons

Familiarize yourself with the whole process. Research cryptocurrency-friendly establishments to see where you can use your Nano. Work hard for the rewards but also ensure you are able to reap them!

Disclaimer: We are not giving financial advice. We are simply sharing the experience of a fellow cryptocurrency enthusiast. 

Source: https://frankthepokemon.medium.com/how-i-used-my-reddit-comments-to-book-a-hotel-room-15e02ca12a3a