• The great cryptocurrency crash of 2022 was caused by the collapse of FTX and mismanagement of user funds by Sam Bankman-Fried.
• Metacade (MCADE) is a new Web3 project that could potentially be the best investment of the year.
• Investors should consider Metacade as a potentially profitable investment despite the market conditions.

The crypto market has been rocked by the great cryptocurrency crash of 2022. It has been a year of turmoil, with Bitcoin (BTC) losing over 75% of its value and many altcoins, such as Axie Infinity (AXS), Shiba Inu (SHIB), and Avalanche (AVAX), suffering through a 90% reduction in price since reaching their all-time highs in 2021.

The crash was caused in no small part by the collapse of FTX, which was the second-biggest centralized exchange (CEX) at the time. The insolvency of FTX was caused by treasury mismanagement from Sam Bankman-Fried (SBF) and the embezzlement of user funds through Alameda Research, a hedge fund under SBF’s control. This caused the entire market to drop even further after FTX and Alameda went bust in November 2022.

In spite of the market conditions, Web3 continues to grow, with new projects such as Metacade (MCADE) reflecting the level of innovation that can be found in the space. MCADE is a blockchain-based gaming platform that allows users to play, earn, build, and connect in a safe and secure environment. The project has a strong focus on player-created content, allowing users to create and monetize games, modding tools, and virtual worlds.

MCADE could be the year’s best investment, as the project has the potential to become a major player in the Web3 space. Investors should consider MCADE as a potentially profitable investment despite the market conditions. The project has already raised over $50 million in private funding and is set to launch its public presale in the near future.

The crypto market is still volatile, but there are still opportunities for investors to make money. MCADE is an example of a project that could be a strong investment despite the market conditions, and investors should take the time to research the project and decide whether it is the right investment for them.

On June 9, through a note published in El Universal, it was announced that the Venezuelan Superintendence of Banking Institutions (Sudeban) had authorized the installation and operations of the Shasta application, which mainly allows the handling of foreign currencies such as the Euro and the US dollar. After the project, the Spanish Alex Sicart and the Venezuelan Leonardo Montbrun.

After the exit of Zelle’s services for Wells Fargo customers domiciled in the country from the Venezuelan market, there has been a wave of new fintech applications that seek to capture this gap. In the case of Shasta, it has permission to be a compensator, according to one of its co-founders.

Goodbye Zelle – Hello Bitcoin

Sicart is a young man who has had an accelerated career in the world of startups in Spain, developing applications from a very young age. Montbrun is the main figure of an investment group with his last name, defined as a „Venezuelan entrepreneur„, who also, like the Catalan, has studies „in blockchain“. He created a Bitcoin Loophole application to trade gold, although there are no further details.

It should be noted that, despite this experience of both co-founders, the application does not implement this technology or crypto coins. We are talking about an eminently Fintech „solution“ for the Spanish and now for the Venezuelans.

The application has been in development since 2018, according to the press release, however, at that time it was a tool linked to the exchange of electricity. The launch of the new payment app did not take place until the end of 2019.

According to the note, one of the main attractions of this application is the possibility of managing multiple currencies and at the same time being able to apply for an „international Visa or Master card“.

Venezuelan users will have to pay 3% for deposits, according to the Terms and Conditions. The company providing this card service is Pecunia Cards, which will also receive the user’s funds, in case the card is issued. Shasta does not guarantee refunds.

The company’s version

CoinTelegraph en Español contacted Leonardo Montbrun, co-founder of the company, for details on the launch. According to Montbrun, the company has a registered branch in Venezuela that has a permit to operate, equal to Credicard’s, as a clearinghouse. According to him, the app has „more than 15 thousand downloads in Europe, and 20 thousand downloads in Venezuela in the last 24 hours.

„We presented the project to the Sudeban Superintendence through our lawyers, and after a few months we were approved. It is important to emphasize that our authorization is the same that Credicard and other clearing companies have. We are only innovating with one app“, he explained.

Paxful eliminates operations with Banco de Venezuela due to sanctions

With Sudeban’s permission, they can also issue the cards. „With it you can pay both in dollars and euros, and now in a few weeks with bolivars. To obtain it, you only have to make a deposit of 20 dollars in the account (which can be used at any time) and wait a maximum of three weeks to receive it,“ Montbrun stressed.

As for security, Montbrun said that „when we talk about 256-bit security,“ they are referring to a form of encryption, even though the word is not mentioned. In addition, he dismissed any implementation of crypto-currency or blockchain in the application.

„For the time being, it is not in our plans, we believe that the solution is that society can have easy access to dollars and euros, and that crypto-currencies serve more as an investment instrument than as a payment method,“ he said.

Die Blockkettentechnologie hat tausend verschiedene Anwendungsmöglichkeiten. Sie kann sogar dazu genutzt werden, einen Paradigmenwechsel in der Art und Weise zu bewirken, wie Geld im Internet verdient wird. Das zumindest versucht Brave Browser mit Brave’s BAT zu erreichen, dem Browser-Token zur Belohnung von Inhaltsschöpfern und Nutzern seiner Plattform. Es wird ab 24. April auf Gemini zum Handel verfügbar sein.

Brave erreicht 12 Millionen Benutzer

Die Revolution der Tapferen. Wir alle wissen im Allgemeinen, wie das Geschäft mit dem Surfen im Internet funktioniert. Wir laden einen Browser herunter, benutzen eine Suchmaschine und sehen beim Surfen im Internet bestimmte Werbeanzeigen.

Aber während wir sie durchführen, nutzen die Unternehmen hinter diesen Plattformen unsere Daten als Mittel, um Werbeflächen zu verkaufen.

Auf diese Weise wird unsere Privatsphäre auf die lange Bank geschoben, solange große Unternehmen unsere Browsing-Daten nutzen, um Gewinne in Millionenhöhe zu erzielen. Eine Dynamik, die Brave Browser durch den Einsatz der Blockchain-Technologie und Bitcoin Billionaire zu transformieren versucht.

So garantiert diese Firma den Benutzern, die ihren Browser herunterladen, dass die Plattform keine ihrer Browsing-Daten speichert. Im Gegenteil, sie werden auf dem eigenen Computer des Benutzers gespeichert und niemals auf den Servern des Brave Browsers.

Darüber hinaus bietet es seinen Benutzern beim Browsen zwei Optionen an. Die erste, keine Art von Werbung zu sehen, während man sich Inhalte im Internet ansieht. Und zweitens, um interessante Werbung für ihn zu visualisieren und im Gegenzug eine Belohnung in BAT of Browser, dem Erkennungszeichen des Unternehmens, zu erhalten.

Wie kann man mit Brave Browser während der Quarantäne Geld verdienen?

BAT de Brave kommt zu Gemini. Diese Arbeitsweise wäre nicht nur für die Nutzer von Vorteil, die die Kontrolle über ihre Daten behalten und entscheiden können, ob sie Gewinne erzielen oder ohne lästige Werbung im Internet surfen wollen. Aber auch für die Ersteller von Inhalten, die von Brave ebenfalls eine Bezahlung in BAT für die Zeit erhalten, die Browser-Nutzer mit dem Betrachten ihrer Kreationen verbringen (daher der Name des „Basic Attention Token“ Token).

Natürlich ist das auf dem Papier zwar in Ordnung, aber wenn die Nutzer und Ersteller ihre Zahlung in BAT erhalten und es keinen Platz gibt, um sie in Waren, Dienstleistungen oder andere Währungen umzutauschen, erzielen sie letztlich keinen wirklichen Gewinn. Ein Problem, das dank Gemini sehr bald gelöst zu sein scheint.

Die Börse der Winklevoss-Brüder hat angekündigt, dass ab dem 24. April die Nutzer auf ihrer Plattform mit BAT von Brave handeln können. Damit ist sie neben Bitcoin, Ethereum, Bitcoin Cash, Zcash und Litecoin die sechste digitale Anlage, die für den Handel auf Gemini verfügbar ist.

Diese Ankündigung käme im Übrigen zu einem günstigen Zeitpunkt. Während der Quarantäne von Coronavirus hat Brave Browser einen bedeutenden Anstieg seiner Benutzerzahl verzeichnet, allein im März erhielt es eine Million von ihnen.

Sie werden nun in der Lage sein, die BATs von Brave auf Gemini zu ändern. Machen Sie dies zu unserem Tipp des Tages hier bei CryptoTrend.11