{"id":439,"date":"2022-11-17T14:38:52","date_gmt":"2022-11-17T14:38:52","guid":{"rendered":"http:\/\/78.47.81.216\/?p=439"},"modified":"2022-12-19T09:39:54","modified_gmt":"2022-12-19T09:39:54","slug":"alpha-guilty-conference-recap","status":"publish","type":"post","link":"https:\/\/blog.ag.qubiq.cc\/?p=439","title":{"rendered":"Alpha Guilty Conference Recap"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"571\" src=\"http:\/\/78.47.81.216\/wp-content\/uploads\/2022\/11\/blog-1024x571.png\" alt=\"\" class=\"wp-image-454\" srcset=\"https:\/\/blog.ag.qubiq.cc\/wp-content\/uploads\/2022\/11\/blog-1024x571.png 1024w, https:\/\/blog.ag.qubiq.cc\/wp-content\/uploads\/2022\/11\/blog-300x167.png 300w, https:\/\/blog.ag.qubiq.cc\/wp-content\/uploads\/2022\/11\/blog-768x428.png 768w, https:\/\/blog.ag.qubiq.cc\/wp-content\/uploads\/2022\/11\/blog.png 1400w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p id=\"d5c6\">On 7th September, Alpha Guilty held a large online meetup with crypto industry leaders and experts. The event was dedicated to the following topic: DeFi investment and Go-To-market strategies on a bear market. Speakers were talking about the current problems on the crypto market, and shared some advice for investors and private holders to help them survive and even profit from this downtrend cycle.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n\n<p id=\"6ef5\">The importance of this event is huge, because that\u2019s exactly the moment when people do their wealth during the bear market. Our aim is to let our community and investors feel better and pick up some ideas for their investment portfolios or personal wealth<\/p>\n\n<cite><strong>\u2014 said Mikhail Sitalo, CEO of Alpha Guilty, in his opening speech<\/strong><\/cite><\/blockquote>\n\n\n\n<p id=\"3449\"><strong>Speaker 1. Lynn Nguyen, Head of Partnerships at Roseon World<\/strong><\/p>\n\n\n\n<p id=\"4aee\"><strong><em>Topic: How to benefit from your partners on a bear market<\/em><\/strong><\/p>\n\n\n\n<p id=\"c1c5\">Miss Nguyen pondered on how a business can effectively use partnerships to go through hard times. Her main point \u2014 knowing how to collaborate can really help amidst a bear market.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n\n<p id=\"e128\">If you want to expand your community and increase revenues, partnering with other businesses for promotion and events is a great way to do it<\/p>\n\n<cite><strong>\u2014 said Miss Nguyen<\/strong><\/cite><\/blockquote>\n\n\n\n<p id=\"66fa\">She noted that a good partnership should be based on trust and respect, brand alignment, similar values and shared goals. A good partnership can double your network and increase capital you can throw on promotion.<\/p>\n\n\n\n<p id=\"a5d7\"><strong><em>Main highlights:<\/em><\/strong><\/p>\n\n\n\n<p id=\"6948\">1. Leverage your partner\u2019s platform \u2014 tap into each other\u2019s resources to increase revenue<\/p>\n\n\n\n<p id=\"93dd\">2. Your partner\u2019s network can also help to expose your project to new markets.<\/p>\n\n\n\n<p id=\"d5a6\">3. Entering a new market is much easier if you have a local partner who deeply understands this market, the business and the reaction.<\/p>\n\n\n\n<p id=\"65bc\">4. On acquiring new users, stay connected to them. Connected customers tend to become repeated customers.<\/p>\n\n\n\n<p id=\"b624\">5. Increase your brand awareness and brand trust via co-branding partnerships.<\/p>\n\n\n\n<p id=\"7a96\"><strong>Speaker 2. Mikhail Sitalo, CEO of Alpha Guilty<\/strong><\/p>\n\n\n\n<p id=\"b4ed\"><strong><em>Topic: Smart investment mechanics of tomorrow<\/em><\/strong><\/p>\n\n\n\n<p id=\"a247\">Mr. Sitalo spoke from an investor point of view, and gave useful insights of the way investors think.<\/p>\n\n\n\n<p id=\"cf4d\">He started his topic with some depressive statistics, according to which 90% of startups across all industries fail. But on the other side, the rate of unicorns has increased by 351%, and that fact encourages investors to put money in startups.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n\n<p id=\"c325\">The main challenge to the success of a startup is generating new approaches and vision of the world \u2014 that\u2019s probably why NFTs were booming recently<\/p>\n\n<cite><strong>\u2014 said Mikhail Sitalo, CEO of Alpha Guilty<\/strong><\/cite><\/blockquote>\n\n\n\n<p id=\"7107\"><strong><em>Main highlights (Winner side moves):<\/em><\/strong><\/p>\n\n\n\n<p id=\"95d8\">1. Invest only the amount you can afford to lose, especially when it\u2019s a downtrend.<\/p>\n\n\n\n<p id=\"3712\">2. Specialize in an industry or sector \u2014 if you invest in blockchain, don\u2019t go into real estate.<\/p>\n\n\n\n<p id=\"fc8a\">3. At the same time, diversify your portfolio: try Layer 1, NFT, play-to-earn, etc.<\/p>\n\n\n\n<p id=\"bff4\">4. Invest in due diligence \u2014 reach the founders, do some expert calls, get to know whether the solution is visible or not.<\/p>\n\n\n\n<p id=\"3170\">5. Participate in the board of directors: if you can influence the project\u2019s decisions, you have lower risks.<\/p>\n\n\n\n<p id=\"7124\">See Mykhail\u2019s presentation <a href=\"https:\/\/www.figma.com\/file\/mhQkuw1s4VgqpADJXEyHuu\/Misha's-Online-Meetup-PPT?node-id=0%3A1\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a>. <\/p>\n\n\n\n<p id=\"03bb\"><strong>Speaker 3. Leon Lee, Founder and CEO at Only1<\/strong><\/p>\n\n\n\n<p id=\"7fef\"><strong><em>Topic: How NFTs will change the creator economy due to bear market<\/em><\/strong><\/p>\n\n\n\n<p id=\"02c6\">Mr. Lee started with an idea that crypto has never endured a proper recession, and it\u2019s still something to be tested. However, in the current bear market we should pay attention to brand new factors: the war, inflation, the US GDP growth, etc.<\/p>\n\n\n\n<p id=\"d526\">He got across some problems and trends on the NFT market:<\/p>\n\n\n\n<p id=\"92bb\">\u2014 Fundraising via venture capital is not always good: VCs inject a lot of money into an ecosystem (e.g. Solana last year), so it becomes hyped and pumped. People start following money, not trends.<\/p>\n\n\n\n<p id=\"e1f1\">\u2014 Trends are changing fast in the NFT industry. Less than a year ago projects bursted with utilities, roadmaps, staking, and other good things. Today, users don\u2019t care about roadmaps but just want to see good community and good artworks.<\/p>\n\n\n\n<p id=\"a324\">\u2014 Mr. Lee believes that NFTs can do so much more than being just a collectible.<\/p>\n\n\n\n<p id=\"73d6\">\u2014 NFTs can play a big role in creators economy: NFTs as access to creator are becoming a trend (on the example of Veefriends).<\/p>\n\n\n\n<p id=\"cb65\">\u2014 Leon Lee feels like the crypto market can reach new heights in the next 5 years. The driver to take us there will be mass adoption: better infrastructure, better bridges and wallets that actually solve real problems.<\/p>\n\n\n\n<p id=\"60b1\"><strong>Speaker 4. Berker Zor, Business Developer at Babylons<\/strong><\/p>\n\n\n\n<p id=\"fa16\"><strong><em>Topic: \u201cSafety guidelines\u201d of launchpads could damage the ecosystem in the long run<\/em><\/strong><\/p>\n\n\n\n<p id=\"97b3\">Mr. Zor dwelled on the problem of safety measures and guidelines which culminates into endless runs of refunds on public raises.<\/p>\n\n\n\n<p id=\"1854\">He mentioned that launchpads divide into two school of thought:<\/p>\n\n\n\n<p id=\"4a86\">1) real concrete price protections (most launchpads) \u2014 if the project\u2019s token price falls very low, launchpads will initiate a retroactive refund;<\/p>\n\n\n\n<p id=\"8a22\">2) price diagnostic \u2014 focusing on the roadmap and the project\u2019s development. As to Mr. Zor, it is a real way to protect your community from pitfalls and abandoned projects.<\/p>\n\n\n\n<p id=\"7025\">The problem of the first school is that it creates a cycle of people expecting the returns. Users sell tokens, and buy later at a lower price. So projects launched on such platforms lose all funding, get bad marketing and bad sentiments. They finally take money from VCs, which are less and less enthusiastic.<\/p>\n\n\n\n<p id=\"9e57\">Mr. Zor noted a serious decline of investments in new projects in the last couple of months, which was expected.<\/p>\n\n\n\n<p id=\"c28b\">A possible solution is to create a set of principles which hopefully will be price diagnostic. As long as projects are price dependent, the problem won\u2019t be solved.<\/p>\n\n\n\n<p id=\"3524\"><strong>Speaker 5. Mariela Tanchez, Global Head of Business Development at Gate.io<\/strong><\/p>\n\n\n\n<p id=\"7765\"><strong><em>Topic: How to continue in crypto during bear market without risking assets<\/em><\/strong><\/p>\n\n\n\n<p id=\"caa4\">Starting her speech, Miss Tanchez admitted that the current bear market is probably the biggest drop in history. However, it\u2019s not time to panic but to change the strategy, she said.<\/p>\n\n\n\n<p id=\"cc09\"><strong><em>Main highlights:<\/em><\/strong><\/p>\n\n\n\n<p id=\"0577\">\u2014 Still a lot of investments: VCs invested billions into crypto companies since the last crypto winter ($10 bn in Q1 2022 compared to $2 bn in Q1 2018);<\/p>\n\n\n\n<p id=\"826f\">\u2014 Traditional players are seeing the huge impact that crypto has and tools it offers.<\/p>\n\n\n\n<p id=\"00d6\">She underlined that the bear market gives extra time to choose and research the project. Crypto is not about just buying and selling: it\u2019s also about hedging, staking, getting APY, etc.<\/p>\n\n\n\n<p id=\"7980\">Miss Tanchez dwelled on several innovative and safer options of earning on crypto that Gate.io offers to its customers:<\/p>\n\n\n\n<p id=\"4927\">1) Single staking and flexible staking: choose how long you would like to stake and withdraw your funds at any time.<\/p>\n\n\n\n<p id=\"d216\">2) Liquidity mining: earn income from fees by providing dual-assets liquidity to the market.<\/p>\n\n\n\n<p id=\"fb4e\">3) Cloud mining: option for mining crypto without buying hardware<\/p>\n\n\n\n<p id=\"0a44\">4) P2P commerce: buy low and sell a little bit higher to other people.<\/p>\n\n\n\n<p id=\"60e0\">Mariela\u2019s main point was \u2014 don\u2019t fear to jump into crypto amidst the bear market. New startups, from traditional markets to web3 projects, are continuously onboarding. If you are among the first ones to join, you\u2019re probably going to be in for a very good ride.<\/p>\n\n\n\n<p id=\"688c\">Keep an eye on emerging projects and don\u2019t necessarily wait until things go up!<\/p>\n\n\n\n<p id=\"4cb3\">See Mariela\u2019s presentation <a href=\"https:\/\/docs.google.com\/presentation\/d\/1cfDqZTUKccxM39M7Q9AnU_46N8JhDRMVkUBnjA3iHNs\/edit#slide=id.g13b61021666_0_125\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a>.<\/p>\n\n\n\n<p id=\"8013\">The speeches were followed by the Q&amp;A session where the experts were answering questions sent by our viewers, and discussed even more exciting topics.<\/p>\n\n\n\n<p id=\"9a3c\">To know more, rewatch the full record of the conference on Alpha Guilty\u2019s YouTube channel <a href=\"https:\/\/youtu.be\/W91RjwUl3yo\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a>. <\/p>\n\n\n\n<p id=\"8822\">For us to improve, please, take your time and fill in the following survey:<\/p>\n\n\n\n<p><a href=\"https:\/\/forms.gle\/3R6yQBxJnLEc8yzp9\">https:\/\/forms.gle\/3R6yQBxJnLEc8yzp9<\/a><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On 7th September, Alpha Guilty held a large online meetup with crypto industry leaders and experts. The event was dedicated to the following topic: DeFi investment and Go-To-market strategies on a bear market. Speakers were talking about the current problems on the crypto market, and shared some advice for investors and private holders to help [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":454,"comment_status":"closed","ping_status":"closed","sticky":true,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[40,57],"authors":[37],"class_list":["post-439","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-highlighted","tag-alphaguilty","tag-conference","authors-alphaguilty"],"acf":{"reading_time":6},"author-name":"AG Content Manager","suggested-articles":[{"ID":999,"post_author":"7","post_date":"2023-02-27 13:00:42","post_date_gmt":"2023-02-27 13:00:42","post_content":"<!-- wp:image -->\n<figure class=\"wp-block-image\"><img src=\"blob:http:\/\/78.47.81.216\/12533e12-54f3-4bef-adb6-8b9701671fae\" alt=\"\"\/><\/figure>\n<!-- \/wp:image -->\n\n<!-- wp:paragraph -->\n<p>Often even experienced investors are wary of investing in <strong>cryptocurrencies<\/strong>. No wonder the risks are pretty high because the market is volatile. However, nowadays <strong>crypto investments <\/strong>look more and more attractive. The reason is that the <strong>blockchain <\/strong>industry in <strong>2023 <\/strong>is becoming more stable, and some countries are introducing regulation of the market at the legislative level. <strong>Smart contracts<\/strong> are back in trend, which means it's time to think about a profitable investment.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:image {\"id\":1000,\"sizeSlug\":\"full\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-full\"><img src=\"http:\/\/78.47.81.216\/wp-content\/uploads\/2023\/02\/image-23.png\" alt=\"\" class=\"wp-image-1000\"\/><\/figure>\n<!-- \/wp:image -->\n\n<!-- wp:heading -->\n<h2>Why should I do <strong>crypto investments<\/strong>?<\/h2>\n<!-- \/wp:heading -->\n\n<!-- wp:paragraph -->\n<p>So, some investors chose <strong>blockchain <\/strong>technology (<strong>smart contracts<\/strong>), and they weren't wrong. Several digital currencies have risen very strongly, and as a result, they have been able to make excellent profits. Here are a few reasons why traders and investors choose <strong>crypto investment<\/strong>:<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>One of the reasons <strong>cryptos <\/strong>came into their <strong>portfolios <\/strong>was their resistance to inflation. Unlike fiat money, most <strong>crypto <\/strong>is issued in limited quantities. Plus, in <strong>2023<\/strong>, government regulation of digital currencies and <strong>smart contracts<\/strong> is just evolving, which means no one will be able to confiscate them. This makes investing in <strong>crypto for a long<\/strong> time profitable and safe.<\/li>\n<!-- \/wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Bank <strong>transactions <\/strong>can be insecure, and banks can cease to exist without paying customers back. In the case of the <strong>crypto <\/strong>and <strong>NFT <\/strong>industry, this will not happen. <strong>Blockchain <\/strong>provides decentralization, which means it will be a great <strong>investment option<\/strong> for those who would not want a bank to be involved in <strong>transactions<\/strong>.<\/li>\n<!-- \/wp:list-item --><\/ul>\n<!-- \/wp:list -->\n\n<!-- wp:paragraph -->\n<p>The third reason is that <strong>blockchain <\/strong>technology has made waves in the financial world. Those who believe in its potential are not just using <strong>smart contracts<\/strong> for their own purposes. They support modern technology, which could make a significant profit in <strong>2023<\/strong>.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:image {\"id\":1001,\"sizeSlug\":\"full\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-full\"><img src=\"http:\/\/78.47.81.216\/wp-content\/uploads\/2023\/02\/image-24.png\" alt=\"\" class=\"wp-image-1001\"\/><\/figure>\n<!-- \/wp:image -->\n\n<!-- wp:heading -->\n<h2>How risky are <strong>crypto investments <\/strong>in <strong>2023<\/strong>?<\/h2>\n<!-- \/wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Long-term investments in <strong>crypto <\/strong>are the best way to preserve, accumulate and multiply capital. <strong>Cryptocurrencies <\/strong>are high-risk assets, but experienced investors with good <strong>crypto portfolios<\/strong> and traders categorize them into high, medium, and low-risk investments. Unfortunately, more often than not, the level of return is corresponding.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Nevertheless, it is rational to take high risks in case of short-term investments and fix the profit as soon as the coin rises in price. But if you're not a thrill-seeker and are new to the crypto space, look into low-risk investments. This method can be called the <strong>best long-term crypto investment <\/strong>for beginners.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:heading -->\n<h2>Is it worth investing in cryptocurrencies for the long term in <strong>2023<\/strong>?<\/h2>\n<!-- \/wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Choosing the right token is half of the job. These are coins that entered the market several years ago, and working based on <strong>smart contracts<\/strong> demonstrated a strong idea and benefits and proved the ability to survive even during long market downturns. Like the first <strong>crypto<\/strong>, this is their main advantage \u2013 growth even after the strongest drops. Such coins are quite suitable for long-term investments. Choose and buy one or more of the already traditional coins on the <strong>crypto <\/strong>market, calculate the desired profit, and wait for the price at which you can sell the coins and fix that very profit.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:image {\"id\":1002,\"sizeSlug\":\"full\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-full\"><img src=\"http:\/\/78.47.81.216\/wp-content\/uploads\/2023\/02\/image-25.png\" alt=\"\" class=\"wp-image-1002\"\/><\/figure>\n<!-- \/wp:image -->\n\n<!-- wp:heading -->\n<h2>What <strong>cryptocurrencies <\/strong>should I invest in long-term?<\/h2>\n<!-- \/wp:heading -->\n\n<!-- wp:paragraph -->\n<p>The answer to this question should be given to the investor himself before creating a <strong>crypto portfolio<\/strong> and making<strong> long-term crypto investments<\/strong>. In order to answer you need to study information about <strong>blockchain<\/strong>, and learn how to analyze <strong>crypto <\/strong>tokens, <strong>NFT<\/strong>, and other projects for<strong> long-term crypto investments<\/strong>. To analyze <strong>crypto <\/strong>or <strong>NFT <\/strong>for the reliability of investments and before adding them to the <strong>portfolio<\/strong>, you should take into account a few important factors:<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>market capitalization volume;<\/li>\n<!-- \/wp:list-item -->\n\n<!-- wp:list-item -->\n<li>the maximum supply of coins (total issue);<\/li>\n<!-- \/wp:list-item -->\n\n<!-- wp:list-item -->\n<li>possibility and method of mining or stacking;<\/li>\n<!-- \/wp:list-item -->\n\n<!-- wp:list-item -->\n<li>application methods;<\/li>\n<!-- \/wp:list-item -->\n\n<!-- wp:list-item -->\n<li>distribution of tokens between the team and users;<\/li>\n<!-- \/wp:list-item -->\n\n<!-- wp:list-item -->\n<li>publicity and reputation of the team;<\/li>\n<!-- \/wp:list-item -->\n\n<!-- wp:list-item -->\n<li>availability of <strong>long-term crypto investments<\/strong> on the project roadmap;<\/li>\n<!-- \/wp:list-item -->\n\n<!-- wp:list-item -->\n<li>listings on major <strong>crypto <\/strong>exchanges;<\/li>\n<!-- \/wp:list-item -->\n\n<!-- wp:list-item -->\n<li>adequate community in social networks.<\/li>\n<!-- \/wp:list-item --><\/ul>\n<!-- \/wp:list -->\n\n<!-- wp:paragraph -->\n<p>These are not all the factors that matter for the viability and potential growth of a coin's price. But even from this list, it is clear that <strong>crypto <\/strong>or <strong>NFT <\/strong>analytics is hard work. Understanding the industry requires regular news monitoring, looking for correlations between events and historical chart movements, reading reviews, and learning how technology works. If the prospect of dealing with each project for several days frightens you, but you want to invest as soon as possible, choose popular coins. We are talking, of course, about those that have survived the <strong>crypto space<\/strong>, downfalls, and upgrades, and have retained the community's faith and value.&nbsp;<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>How you make <strong>crypto investments<\/strong> is not unimportant for reliable investments. It's about reliable partners among cryptocurrency exchangers, safe wallets and <strong>transactions<\/strong>, and a stable psychological state.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Do not work with <strong>crypto <\/strong>exchangers with a dubious reputation, be cautious about personal security and safety of <strong>transactions<\/strong>, personal data, and funds. Choose exchangers with positive reviews, adequate managers, and optimal market conditions.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>distribute your <strong>crypto portfolio<\/strong> among different cryptocurrency wallets:<\/li>\n<!-- \/wp:list-item -->\n\n<!-- wp:list-item -->\n<li>keep the number of coins necessary for trading on exchange ones;<\/li>\n<!-- \/wp:list-item -->\n\n<!-- wp:list-item -->\n<li>keep small amounts in your <strong>portfolio <\/strong>for daily <strong>transactions<\/strong> on hot online wallets;<\/li>\n<!-- \/wp:list-item -->\n\n<!-- wp:list-item -->\n<li>large sums trust hardware (cold) wallets or hot, but with impeccable long-term history without hacks.<\/li>\n<!-- \/wp:list-item --><\/ul>\n<!-- \/wp:list -->\n\n<!-- wp:paragraph -->\n<p>And in conclusion \u2013 do not be influenced by the news and the market mood, avoid panic sales (and better to buy during this time) and make every decision of <strong>crypto investments<\/strong> consciously. Deal great contracts and have a great investment!<\/p>\n<!-- \/wp:paragraph -->","post_title":"Long-term crypto investment","post_excerpt":"Long-term investments in crypto projects based on blockchain in 2023 may offer growth potential and diversification. What coins are worth investing in?","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"long-term-crypto-investment","to_ping":"","pinged":"","post_modified":"2023-02-27 13:02:24","post_modified_gmt":"2023-02-27 13:02:24","post_content_filtered":"","post_parent":0,"guid":"http:\/\/78.47.81.216\/?p=999","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":776,"post_author":"7","post_date":"2023-01-09 11:16:21","post_date_gmt":"2023-01-09 11:16:21","post_content":"<!-- wp:image {\"id\":780,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http:\/\/78.47.81.216\/wp-content\/uploads\/2023\/01\/NFT-mint-\u2013-how-much-does-it-cost_-1024x576.jpg\" alt=\"\" class=\"wp-image-780\"\/><\/figure>\n<!-- \/wp:image -->\n\n<!-- wp:paragraph -->\n<p><strong>NFT <\/strong>is the latest concept in crypto that seems capable of resonating with a wider audience and attracting more than just avid crypto-enthusiasts. <strong>NFT <\/strong>continues to interest investors and digital data collectors. Not surprisingly, many people want to <strong><a href=\"https:\/\/blog.alphaguilty.io\/nft-farming\">mint an NFT<\/a><\/strong> and are interested in this question. If you want to learn even more about NFTs - check out <a href=\"https:\/\/blog.alphaguilty.io\/ultimate-nft-guide-all-you-need-to-know-about-nft\">this ultimate guide<\/a> to them by our CEO, Mykhailo Sitalo!<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>NFTs <\/strong>allow many people to earn and multiply their capital many times over in just a few hours. If you are a crypto enthusiast, and you are interested in a hidden gem project, it is vital that you understand what minting is and how to mine <strong>NFTs<\/strong>. How much does it cost - another important issue.&nbsp;<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:image {\"id\":778,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http:\/\/78.47.81.216\/wp-content\/uploads\/2023\/01\/image-10-1024x405.png\" alt=\"\" class=\"wp-image-778\"\/><\/figure>\n<!-- \/wp:image -->\n\n<!-- wp:paragraph -->\n<p>Today we will tell you about the <strong>cost of minting<\/strong> and the <strong>NFT minting process.<\/strong> There will be a lot of useful information about <strong>NFT minting<\/strong> not only for newcomers but also for experienced users in the field of <strong>NFT<\/strong>. Do you want to make a great investment or earn more <strong>money <\/strong>by <strong>selling an NFT<\/strong>? So, it is very important for you to look into this subject.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:heading -->\n<h2><strong>Minting process<\/strong>: what is it?<\/h2>\n<!-- \/wp:heading -->\n\n<!-- wp:paragraph -->\n<p><strong>Minting <\/strong>an <strong>NFT <\/strong>means <a href=\"https:\/\/blog.alphaguilty.io\/how-to-create-an-nft-easy-to-learn-guide\">creating an <strong>NFT<\/strong><\/a>. So, <strong>minting <\/strong>is the act of publishing a token. The most popular blockchain for <strong>NFT <\/strong>creation is the<strong> Ethereum blockchain<\/strong>. NFT minting is the process of publishing a unique digital element on the blockchain, this creates an immutable record of authenticity and ownership. Once minted, the token can be bought, sold and traded.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>In other words, <strong>minting <\/strong>is the operation of creating a token with its registration in the <strong>Ethereum blockchain<\/strong>. So, data about the <strong>NFT <\/strong>and its author will be included in the network.&nbsp;<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Before <strong>minting <\/strong>an <strong>NFT<\/strong>, the creator can choose token settings, including royalty requirements - rewards for reselling it on the <strong>NFT marketplace<\/strong>. There are also a few other points to consider in more detail:<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li><strong>Minting <\/strong>involves <strong>NFT transactions<\/strong> with charges. This is usually an expensive feature involved in the creation of such a token.<\/li>\n<!-- \/wp:list-item -->\n\n<!-- wp:list-item -->\n<li>You must have various items that you can treat as your <strong>NFT collection<\/strong> (most often images). To <strong>create NFTs<\/strong>, you will need a wallet.<\/li>\n<!-- \/wp:list-item -->\n\n<!-- wp:list-item -->\n<li>When updating the items selected on the chosen platform and <strong><a href=\"https:\/\/blog.alphaguilty.io\/how-to-create-an-nft-easy-to-learn-guide\">creating NFTs<\/a> <\/strong>is complete, you can put them up for sale. From there you can sell <strong>NFTs <\/strong>and get your <strong>money<\/strong>.<\/li>\n<!-- \/wp:list-item --><\/ul>\n<!-- \/wp:list -->\n\n<!-- wp:paragraph -->\n<p>As security measures for beginners, it is recommended to create a standalone wallet for each <strong>minting <\/strong>and each platform with minimal funds in the account, so that in the case of theft or hacking the user does not lose your investment.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:heading -->\n<h2><strong>\u0421ost of minting an NFT<\/strong><\/h2>\n<!-- \/wp:heading -->\n\n<!-- wp:paragraph -->\n<p>When it comes to the <strong>cost of minting<\/strong>, it is very important to be aware of the features involved. The <strong>cost <\/strong>will be affected by the platform you use to mint the NFT and several other factors, which we will discuss next. When you need to<strong> <a href=\"https:\/\/blog.alphaguilty.io\/nft-farming\">mint an NFT<\/a><\/strong>, you immediately wonder about the <strong>cost <\/strong>of the process.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:table -->\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Blockchain<\/strong><\/td><td><strong>Cost<\/strong><\/td><\/tr><tr><td>Etherium<\/td><td>0.01 - 0.05 ETH<\/td><\/tr><tr><td>Solana<\/td><td>0.00001 SOL<\/td><\/tr><tr><td>Polygon<\/td><td>Free (but considering marketplace charges)<\/td><\/tr><tr><td>Tezos<\/td><td>0.08 - 3.6 XTZ<\/td><\/tr><tr><td>Cardano<\/td><td>0.17 - 1.5 ADA<\/td><\/tr><tr><td>WAX<\/td><td>0.13 - 13 WAXP<\/td><\/tr><tr><td>Avalanche<\/td><td>0.008 - 0.02 AVAX<\/td><\/tr><\/tbody><\/table><\/figure>\n<!-- \/wp:table -->\n\n<!-- wp:paragraph -->\n<p>So, in addition to the <strong>cost <\/strong>of production, factors affecting the <strong>cost <\/strong>of <strong>minting <\/strong>will include the time of the day. <strong>Minting <\/strong>is cheaper at night and the <strong>cost <\/strong>is smaller because there will be less traffic then. On the other hand, if you are <strong>minting <\/strong>during the week, the <strong>cost <\/strong>may be more expensive because there is more online activity during that time.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Newcomers to the crypto sphere may think that the process is not so complicated and is overpriced. However, many factors come into play. They vary on a large number of platforms. The <strong>cost to mint<\/strong> can also increase dramatically due to commission. Here are some factors you may want to consider that greatly affect the <strong>cost<\/strong>:<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>The gas fee is one of the most important <strong>costs <\/strong>for this process. It is a kind of compensation for miners.&nbsp;<\/li>\n<!-- \/wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Some platforms may allow you to create or <strong>mint NFTs<\/strong> without the previous options, but you have to pay sales charges.&nbsp;<\/li>\n<!-- \/wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Charges for creating an account depending on the platform you choose to create your NFTs. So, the selected platform also has an <strong>impact on the cost.<\/strong><\/li>\n<!-- \/wp:list-item --><\/ul>\n<!-- \/wp:list -->\n\n<!-- wp:paragraph -->\n<p>So, how <strong>much does it cost<\/strong>? An <strong>NFT collection <\/strong>is a pretty exciting idea, but not when you hear about associated <strong>costs<\/strong>. The <strong>cost of creating <\/strong>such a token will range from $0.1 to $170.&nbsp; At peak times, the <strong>cost of creating<\/strong> can be $300 or more. When With Ethereum, you can run into high commissions that can reach over $500 at the busiest times.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:heading -->\n<h2>The distinction between <strong>minting <\/strong>and buying an <strong>NFT<\/strong><\/h2>\n<!-- \/wp:heading -->\n\n<!-- wp:paragraph -->\n<p>When we buy a token on the <strong>NFT marketplace<\/strong>, we are only getting it from the previous holder. You can only mine a token by taking part in the original distribution. That's why you have to pay the <strong>cost to mint<\/strong> it.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>That is, <strong>minting <\/strong>an <strong>NFT <\/strong>means buying it for the first time. Some mints are free (you only need to pay for gas), but most often the project sets a certain selling <strong>cost<\/strong>. In the process of <strong>minting<\/strong>, users buy up all the <strong>NFT <\/strong>and then sell it on the <strong>NFT marketplaces<\/strong>.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Another feature of the <strong>mint <\/strong>is that the buyer cannot choose the <strong>NFT <\/strong>when buying. You simply pay the <strong>cost <\/strong>of the <strong>mint <\/strong>and get the token at random. It can be either the most common specimen or a very rare<strong> advanced NFT<\/strong>. That's why the <strong>cost to mint<\/strong> is justified.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:heading -->\n<h2>Why is NFT so expensive?<\/h2>\n<!-- \/wp:heading -->\n\n<!-- wp:paragraph -->\n<p>When newcomers in this field need to <strong><a href=\"https:\/\/blog.alphaguilty.io\/nft-farming\">mint an NFT<\/a><\/strong>, many of them wonder why these tokens are so expensive after all. Here we should say that cryptocurrency and NFT work the same way, the only difference between them is the concept of nonfungible.\u00a0<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>This technology has made it possible to prove ownership of digital items and their authenticity. Now, despite the millions of copies of a meme on the Internet, it is possible to prove the originality of one of them. This is why the<strong> cost to mint<\/strong> such tokens can be inflated.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Crypto enthusiasts can also place their tokens on Polygon for free. There is no initial cost here when you create an NFT. However, there is a special service fee, which is deducted from the selling price of the token.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:image {\"id\":777,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http:\/\/78.47.81.216\/wp-content\/uploads\/2023\/01\/image-9-1024x680.png\" alt=\"\" class=\"wp-image-777\"\/><\/figure>\n<!-- \/wp:image -->\n\n<!-- wp:heading -->\n<h2>Why are minting costs so volatile?<\/h2>\n<!-- \/wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Different types of platforms have different processes, so they require different fees. Even if you use the same platform for different tokens, prices can also change. How <strong>much does it cost<\/strong> to create such tokens? You will encounter several things that can affect charges:<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:list -->\n<ul><!-- wp:list-item -->\n<li>Transaction speed.<\/li>\n<!-- \/wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Project quality.<\/li>\n<!-- \/wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Data size.<\/li>\n<!-- \/wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Gas fees.<\/li>\n<!-- \/wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Minting time.&nbsp;<\/li>\n<!-- \/wp:list-item --><\/ul>\n<!-- \/wp:list -->\n\n<!-- wp:paragraph -->\n<p>Transaction charges respond to supply and demand on the network. So, for example, when demand is high, all charges will be high.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>So, we told you how much it costs to create such tokens and what the cost depends on. Now you know what you need to consider when you're going to mint NFT.<\/p>\n<!-- \/wp:paragraph -->","post_title":"How much does it cost to mint an NFT?","post_excerpt":"How much will the NFT mint cost you? Everything you wanted to know about the minting process and how it differs from buying. Can minting be free and why its price is so volatile?\n","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"how-much-does-it-cost-to-mint-an-nft","to_ping":"","pinged":"","post_modified":"2023-02-28 14:15:10","post_modified_gmt":"2023-02-28 14:15:10","post_content_filtered":"","post_parent":0,"guid":"http:\/\/78.47.81.216\/?p=776","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":403,"post_author":"7","post_date":"2022-11-14 15:12:35","post_date_gmt":"2022-11-14 15:12:35","post_content":"<!-- wp:image {\"id\":404,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"http:\/\/78.47.81.216\/wp-content\/uploads\/2022\/11\/blog24-1024x571.png\" alt=\"\" class=\"wp-image-404\"\/><\/figure>\n<!-- \/wp:image -->\n\n<!-- wp:paragraph -->\n<p id=\"99d1\">Initial game offering (IGO), initial dex offering (IDO), initial exchange offering (IEO), and a dozen other terms are frequently seen in the industry. They can easily confuse crypto beginners. Let\u2019s find out what each of them means and for what purposes they are used.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"db03\"><strong>What is IGO in crypto<\/strong><\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"3bc9\">Initial game offering (IGO) is a type of crowdfunding that allows investors to purchase NFTs or in-game tokens of a blockchain-based game at an early development stage. Such gaming projects often have the potential to offer huge returns after their launch. With the spread of blockchain-based games, IGOs \u200b\u200bhave increased in popularity in recent months. IGOs mostly take place on launchpads.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"d43e\"><strong>Initial coin offering (ICO)<\/strong><\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"229b\">It\u2019s a well-known term even for beginners. ICO is a type of crowdfunding, or crowdsale, where an early-stage company uses cryptocurrencies as a means of raising capital.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"17b6\"><strong>IDO meaning in crypto<\/strong><\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"2a76\">Initial dex offering is an alternative to ICO. An IDO is when a project launches a token through a decentralized exchange (DEX). A token can represent any product \u2014 from cryptocurrency to a music album. Projects issuing IDOs receive financing from individual investors, but they never own any equity in the project.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"aaaf\"><strong>IDO and ICO<\/strong><\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"b325\">In contrast to infamous ICOs, where tokens are sold prior to exchange listing, tokens in IDOs are immediately listed on the DEX via which they are launched. This might help a lot to avoid scam and \u2018bubble\u2019 projects.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"91d4\"><strong>What is INO<\/strong><\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"fee9\">Initial node offering (INO) is an alternative way to develop a decentralized system and its applications. An INO enables the public to be actively involved in the project development and its evolution by selling NFTs which are the key to run the nodes of the system\u2019s own peer to peer network.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"e81e\"><strong>IEO meaning in crypto<\/strong><br>Initial exchange offering (IEO) is a fundraising event where a crypto start-up raises money through a trading platform. The token is issued for the first time on centralized exchanges such as Coinbase, Okex, or Binance. That is in contrast to an ICO, where the business itself holds the sale on its own website, and can\u2019t give any guarantees to investors.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"0961\"><strong>What is SHO<\/strong><\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"df0b\">A strong holder offering (SHO) is a fundraising mechanism where eligible investors are chosen based on their on-chain activities and other proprietary data sets. That means, a SHO enables a project to attract funding from individuals who are holders of a given cryptocurrency.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"0c87\"><strong>What is ETO<\/strong><\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"ce74\">An equity toke offering (ETO) is an event by which companies offer equity in their stock for sale to investors in the form of equity tokens. Equity tokens are a form of security token and store contractual information on the blockchain.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"cd56\"><strong>Final notes<\/strong><\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p id=\"0fee\">As you can see, all these token offerings serve for different purposes and have their unique functions. A properly selected offering type may define the project\u2019s success among investors, its lifetime and the amount of the capital raised. In addition, the community\u2019s trust in this or that offering can change with time or fashion: several years ago ICOs were at their peak, but now users have less trust to these fundraising events because of multiple scams. On the contrary, IGOs are gaining popularity because of the growing number of blockchain games.<\/p>\n<!-- \/wp:paragraph -->","post_title":"A beginner\u2019s guide to token offerings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"a-beginners-guide-to-token-offerings","to_ping":"","pinged":"","post_modified":"2022-12-19 09:40:48","post_modified_gmt":"2022-12-19 09:40:48","post_content_filtered":"","post_parent":0,"guid":"http:\/\/78.47.81.216\/?p=403","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"likes":"4","lang":"en","translations":{"en":439,"ru":1640},"pll_sync_post":[],"_links":{"self":[{"href":"https:\/\/blog.ag.qubiq.cc\/index.php?rest_route=\/wp\/v2\/posts\/439","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.ag.qubiq.cc\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.ag.qubiq.cc\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.ag.qubiq.cc\/index.php?rest_route=\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.ag.qubiq.cc\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=439"}],"version-history":[{"count":14,"href":"https:\/\/blog.ag.qubiq.cc\/index.php?rest_route=\/wp\/v2\/posts\/439\/revisions"}],"predecessor-version":[{"id":640,"href":"https:\/\/blog.ag.qubiq.cc\/index.php?rest_route=\/wp\/v2\/posts\/439\/revisions\/640"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.ag.qubiq.cc\/index.php?rest_route=\/wp\/v2\/media\/454"}],"wp:attachment":[{"href":"https:\/\/blog.ag.qubiq.cc\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=439"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.ag.qubiq.cc\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=439"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.ag.qubiq.cc\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=439"},{"taxonomy":"authors","embeddable":true,"href":"https:\/\/blog.ag.qubiq.cc\/index.php?rest_route=%2Fwp%2Fv2%2Fauthors&post=439"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}