• Ault Alliance, Inc. (formerly BitNile Holdings, Inc.) and BITNILE.com, Inc. announced the creation of the exclusive „NILE“ coin for in-world purchases on BITNILE.COM.
• The metaverse platform allows users to access it via web browser and incentivizes users through a tiered rewards system.
• NILE coins can be used to play 3D immersive games, purchase digital products related to gameplay, experience various forms of entertainment, and engage with a new social networking community across any device.
Ault Alliance Announces Creation of In-World Coin
Ault Alliance, Inc., a diversified holding company formerly known as BitNile Holdings, Inc., and BITNILE.com, Inc. have jointly announced the creation of an exclusive in-world coin called “NILE” that will be used solely for in-world purchases on the BITNILE.COM platform.
Accessible Metaverse Platform
The metaverse platform is accessible via web browser and is device agnostic; meaning it can be experienced on any device such as mobile phones, tablets, PCs or virtual reality headsets without needing specialized hardware or software. It is designed to provide users with a tiered rewards system where they can earn incentives for their activity within the platform world and use their NILE coins to purchase digital products related to gaming experiences or entertainment offerings within the Networking Community available on any internet connected device.
Incentivizing Users Through Rewards System
By using their NILE coins, users will be able to participate in 3D immersive games as well as purchase digital products from within the Platform associated with gameplay such as unique avatars, customized skins and other accessories not available outside of this world. Additionally they will have access to various forms of entertainment based upon their activity within the Social Networking Community which also uses only NILE coins as its currency exchange medium between participating users inside this walled garden environment created by Ault Alliance and BITNILE together specifically for this purpose alone..
Executive Chairman Comments On Progress Of Platform
Milton “Todd” Ault III commented on his view of progress being made throughout development thus far stating that he believes this project has tremendous potential going forward due to its scalability allowing increased features functionality over time; making it one of AULT Alliances most profitable assets likely once fully mature in his opinion at least..
Recommendation For Investors Interested In Company Progress
For those interested in monitoring closely how this endeavor progresses along; AULT Alliance recommends stockholders investors review their publicly released filings & press releases regularly found under Investor Relations section at https://www
• KnownOrigin, an NFT marketplace owned by eBay, is launching creator smart contracts for its artists.
• The contract allows them to share in profits and royalties as equal partners.
• KnownOrigin was founded in 2020 and has seen over 1,523.78 Ether ($2.56 million) worth of sales volume from its collection of “digitally glitched” and flashing picture artworks.
EBay Introduces Creator Smart Contract For KnownOrigin
EBay recently purchased the non-fungible token (NFT) marketplace KnownOrigin in June 2022, with the goal of empowering creators and collectors by giving them the ability to showcase, sell and collect unique digital items. As part of this effort, KnownOrigin is now rolling out a Creator Contract beta which gives artists more control over their work while allowing them to share in profits and royalties as equal partners.
How Does It Work?
KnownOrigin’s Creator Contracts will enable artists to deploy and mint their own works on Ethereum without needing to know how to code. The contracts have already been tested for a few weeks with 84 contracts deployed and 250 NFT editions minted so far. Artists will be able to use these contracts beginning February 24th 2021.
What About Other Platforms?
Since May 2021, NFT listings have been allowed on eBay’s direct marketplace though blockchain technology is not yet incorporated into the platform for facilitating transfers or crypto-based sales at this time. Customers can still obtain their NFTs outside the platform through an airdrop in May 2022 but must utilize in-app chat or email for now until further integration takes place.
KnownOrigin was founded in 2020 and offers a community of NFT developers and artists exclusive access to their products as well as support when needed. To date, they have seen over 1,523.78 Ether ($2.56 million) worth of sales volume from their collection of “digitally glitched” and flashing picture artworks alone!
With these new creator contracts being put into effect later this month, it’s clear that eBay wants to continue providing opportunities for creators to capitalize on their works while also offering protection against any potential misuse or theft that may occur within the industry itself – something that will likely bring more users onto their platform moving forward!
• Neo (NEO) is a governance token of an ecosystem intended to be used in the development of a smart economy. It holds the 74th position on CoinGecko right now.
• The current market status of NEO shows that its 24-hour price change is 9.2% down and its all-time high was reached on January 15, 2018 at $198.38.
• According to Neo price prediction for 2023, it might reach as high as $20 or fall as low as $5.97 depending on the trend of horizontal channel pattern which has support levels at $6.04 and resistance levels at $10.45 and $17.43
What is Neo (NEO)?
Neo (NEO) is a governance token of Neo, a blockchain ecosystem intended to be used in the development of a smart economy. This blockchain was first introduced in 2014 under the name Antshares and rebranded as Neo three years later in 2017. There are two native tokens in this blockchain – NEO and NEO GAS, which are respectively used to establish ownership and management roles as well as pay for transactions within the system.
Neo (NEO) Price Prediction 2023
Neo (NEO) holds the 74th position on CoinGecko right now with a current price of around 8 USDT per coin and 24-hour trading volume of 77 million USDT according to its current market status information from CoinGecko website. Predictions for 2023 indicate that NEO could reach up to 20 USDT or drop down to 5 USDT depending on how the horizontal channel pattern plays out with support levels at 6 USDT and resistance levels at 10 & 17 USDT respectively.
Neo’s Horizontal Channel Pattern
The chart above illustrates how NEO’s horizontal channel pattern looks like with buy/sell points marked out clearly when prices hit either end of the rectangle formation consisting equal highs & lows . Buying & selling pressure is also balanced with prevailing direction being sideways movement instead of any particular uptrend or downtrend directionality .
Support & Resistance Levels
The chart below displays the support & resistance levels for those looking to trade NEO coins during 2023 , showing key points where buyers/sellers may enter or exit their positions accordingly :
In conclusion , based on current market conditions alongside various technical analysis tools such as RSI , RVOL etc., our NEO price prediction for 2023 suggests that it could range between 5 -20 USDT depending on how its horizontal channel pattern moves throughout this year .
• Damus, a decentralized Twitter rival was launched and got taken down in China by the CAC because it violated the nation’s speech rules.
• Jack Dorsey, Twitter co-founder had funded the development of Nostr protocol which is used to create applications like Damus, Anigma and Jester.
• Dorsey has been advocating for more censorship-proof social media channels since 2019.
Damus – A Decentralized Twitter Rival
Damus is a Jack Dorsey-backed decentralized, Twitter rival that was available in China’s Apple App Store for 2 days before being taken down by the Cyberspace Administration of China (CAC) for violating national speech rules. Apple cooperated promptly after being asked to by the authorities.
Nostr – A Decentralized Social Network Protocol
The open-source Nostr protocol provides the groundwork for a decentralized, censorship-resistant social network that can be accessed anywhere in the world thanks to its cryptographic key pairs. It is impossible to prohibit users or censor content on applications built on top of Nostr due to all clients being operated by users. Some examples of projects developed on top of Nostr are Damus as an alternative to Twitter, Anigma as an alternative Telegram and Jester as a chess software.
Dorsey’s Support For Censorship Resistant Platforms
Dorsey has been an outspoken supporter of the need for more censorship-proof social media channels and donated 14 BTC (about $327,000 at the time of writing) from his own funds towards developing Nostr a year ago. Back in 2019 when he was still CEO of Twitter he had allocated funds to develop a decentralized social media system too and pleaded with Elon Musk after his takeover of Twitter for it to be moved to an „open source protocol funded by a foundation.“
Chinese Government Censorship
The Chinese government enforces strict censorships laws on its citizens which is why they were quick to take down Damus when they felt it violated their speech rules even though it was only available in their app store for two days. Furthermore, Apple cooperated promptly after being asked by authorities without any hesitation or protest from them either.
To conclude, we can see that although there have been efforts made towards creating more censorship resistant platforms like Damus, these initiatives have not been completely successful yet due to governments enforcing strict censorships laws upon their citizens online activities which prohibits any sort of freedom of expression online.