Wall Street’s Crypto Guru Says Pot Stocks Feel Like Bitcoin Last Year 1191

Former Goldman Sachs macro trader Michael Novogratz sees a lot in common with the cannabis craze and last year’s record-setting crypto gains. For that reason, he’s betting against it.

“The prices of cannabis stocks today feel like bitcoin and ethereum did in December of last year,” Novogratz, a closely bitcoin evangelist, said Thursday at the Yahoo Finance All Markets Summit.

This week, as pot stock Tilray jumped 50 percent, Novogratz said he “tried real hard” and found a “cool way” to short it.

“The companies trade up to $28 billion on almost no revenue,” he said. “If I was long them, I’d sell them and if you’re a speculator, I’d get short them.”

Bitcoin, which Novogratz has been a vocal investor in, similarly shot up by double-digit percentages last year. The cryptocurrency has plummeted 66 percent since its high, according to data from CoinDesk.

Novogratz is hardly the only one betting against the cannabis craze. Data from S3 Partners show that short interest in Tilray is around 3.5 million shares, up from about 2.5 million late last month.

This week was an expensive time to bet against the stock. Fees for borrowing Tilray stock, which you need to do to short it, were between 500 and 700 percent, according to S3’s managing director of predictive analytics Ihor Dusaniwsky.

Still, Novogratz is optimistic on the industry long-term and predicted the entire “cannabis business is going to grow, and it’s going to grow relatively rapidly.”

Novogratz launched his crypto merchant bank Galaxy Digital in November, a month before bitcoin hit its all-time high near $20,000. The firm took a $134 million hit in the first quarter of this year, according to its first-ever financial disclosure released in Canada after the company went public.

The former Fortress hedge fund manager told CNBC in November that bitcoin could “easily” hit $40,000 by the end of 2018. He also predicted ethereum, which was trading near $211 this week, could hit roughly $1,500

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Sleep Future Successfully Launched On Bitforex and Bitmart 1401

Sleep

Sleep Future successfully completed its listing on Bitforex and Bitmart, and introduces new features such as staking of SLEEPEE and pushing through its app development.

16 May 2022 – Singapore, Singapore – World’s first Web3 Sleep-To-Earn Project announced its successful listing on Bitforex and Bitmart. The project team at Sleep Future has made incredible progress over the course of the month of May with a smooth launch, live staking and preparation for their NFTs. The company have stayed true to their long-term vision to be the leading blockchain sleep2earn project amassing millions of active users as they continue to build, and deliver regardless of the market.

A smooth TGE and launch

With overwhelming support, Sleep Future sold out both their IEO on Bitforex and Bitmart, raising up to 1700% in 24 hours after listing. In addition, the project have raised a remarkable amount from the IDO on Polylauncher to fund their ecosystem. TGE and launch on the abovementioned CEXs as well as Pancakeswap went smoothly, even hitting an ATH of $3.20. To boost investors’ confidence, the team also locked 100% of pancake liquidity for a year (with plans to extend after). Even though there have been retracements, they believe their deliverables will be able to move the price up again in the upcoming months.

“We are thrilled to be successfully listed on Bitforex and Bitmart. Through this, we hope there will be more eyes and believers in our project, as we strive to be the world’s first Sleep2earn project rewarding people for healthy sleeping. Our eventual goal is to bridge innovative R&D Sleep Tech with real-world utilities to blockchain and present this for global adoption.” said Brandon Lee, Co-Founder & CEO of Sleep Future.

Staking for juicy APYs

In the short span of 2 days after listing, staking also went live and is fully functional. Users can earn juicy APY by staking SLEEPEE at https://staking.sleepfuture.com/. The team has made extra efforts to ensure the dashboard is smooth, fast and safe. Simply connect a wallet and stake, after which the individual will be able to earn passively by collecting the rewards under the staking tab.

Official CMC and CG listings

Many of Sleep Future’s investors have also requested for the expedition of Coingecko and CoinMarketCap listing. The community feedback was well received, and Sleep Future was listed just a day after application. One can view their listings here: https://coinmarketcap.com/currencies/sleep-future/ and https://www.coingecko.com/en/coins/sleepfuture#social

NFT Sale and their utilities

The team at Sleep Future is working hard towards the next biggest milestone, their NFT sales launch in June. Sleep Future’s NFTs are hand designed from scratch, up to standard and packed with tons of utilities.

Firstly, one can earn up to $10 USDT worth of SLEEPEE for sleep quality of 100% when the NFT on mobile app is activated.
Secondly, their NFTs also have permanent boosting rates depending on the rarity ranging from normal, premium to legendary, which will be able to give up to a 100% permanent boost.

Lastly, their NFTs are also stackable. Stack up to 3 NFTs to combine and increase boosting rates.
Further updates regarding their NFTs will be updated on their socials leading to June.

About Sleep Future

Sleep Future is the world’s first blockchain-driven sleep wellness ecosystem to improve the sleep quality and health of the global community.

Sleep Future introduces the world’s first Sleep-To-Earn mechanism to reward world-wide community to sleep and earn $SLEEPEE tokens with the dual objective of innovating sleep technology R&D and a real-world utility in the Sleep Future ecosystem.

Discord: https://discord.com/invite/sleepfuture
Twitter: https://twitter.com/SleepFuture
Telegram: https://t.me/sleepfuture
Other Links: https://linktr.ee/sleepfuturefinance

Metavize and Metabloqs form strategic partnership for 3D spatial development and architectural services in “meta-cities” on Metabloqs’ metaverse 1875

Metavize Technology Solutions Limited (“Metavize”) and Metabloqs announced a strategic partnership to provide 3D spatial development and architectural services to companies who are interested in investing properties and developing projects in “meta-cities” in Metabloqs. Metavize is a highly innovative full-service 3D spatial development and architectural service firm for the metaverse, while Metabloqs is a decentralized metaverse with meta-cities based on “real” cities that provide a real world, truly immersive experience.

Metabloqs’ vision is to create a unique ecosystem where users can create, own, and monetize their experiences using token “BLOQS,” the native utility token. Citizens of Metabloqs are provided with a unique passport to enter the metaverse, purchase land and rare goods such as NFTs, and create their dream projects.

The first meta-city is Meta-Paris, which is scheduled to launch in June 2022. Through this strategic partnership, Metavize will act as the official representative of Metabloqs to expand into other meta-cities in Asia through strategic investment.

“Metablogs offer high-quality 3D graphics and truly immersive experience. There will be DIY user-friendly tools on Metabloqs for users who want to build their own projects,” said Megha Shrestha, CEO of Metabloqs. “We are very pleased with our strategic partnership with Metavize. This allows us to create a stunning experience that will catch users’ eyes, offer professional 3D spatial development and architectural services to our property investors and business operators, expediting their property development cycle and improving return-on-investment.”

“As people spend more time in the digital space for leisure, commerce, and work, their expectations of user experience in the metaverse will be much higher and one that is closer to real-life experience,” commented Michael Leung, CEO of Metavize. “We are very excited about our partnership with Metabloqs, who by far offer the best immersive experience among other metaverses that we have seen on the market. We believe this superb user experience will become a very important driver for user adoption.”

“Metaverse takes virtual assets beyond cryptocurrency. Virtual assets from the metaverse are backed by substantial content such as land, property, products with real utilities with the metaverse ecosystem,” said Samson Lee, advisor of Metabloqs and CEO of Coinstreet Meta Solutions. “Metaverse NFT in layman’s term means ‘digital ownership certificate’ of value-back virtual assets in the metaverse that are tracked and managed by the blockchain, a ‘global decentralized computer’ which also acts as settlement system facilitating all transactions globally. We are at the very early days of market development with huge growth opportunities ahead.”

About Metabloqs

Metabloqs is a one-of-a-kind metaverse where users can network, learn and play. Metabloqs is powered by XinFin blockchain that fits in with users’ diverse needs whether users want to pick up a new skill set, engage in networking, or enjoy some time playing. The digital assets are stored in a XinFin smart contract and can be transferred.

For more information, please visit – https://metabloqs.com/

About Metavize

Metavize is a highly innovative and comprehensive 3-D spatial development and architectural service firm for metaverses. We provide product development and architectural services for real estate developers, business operators, homeowners, and product marketing companies to provide its users an immersive experience in the metaverse. Metavize provides one-stop service for animation, design, and fabrication of the virtual world venture into the Metaverse, expediting the property development cycle and improving return-on-investment. Metavize is incubated by Coinstreet Meta Solutions.

For more information, please visit – https://www.metavize.it/

About Coinstreet Meta Solutions

Coinstreet Meta Solutions, a subsidiary of Coinstreet Group, has two main business focuses, 1) providing technology and business solutions to brands and enterprises in enabling them to capitalize various opportunities in the metaverse area, and 2) produce and manage NFT projects, and operate NFT marketplaces including providing whitelabel NFT marketplace solutions.

For more information, please visit – https://www.coinstreet.meta

Kanpai Pandas: Bringing luxury experiences to the NFT space 2264

Imagine an NFT project that can bring you once-in-a-lifetime experiences. Front of stage tickets to EDC Las Vegas, booth seats to your favorite football team’s games, private parties with high profile crypto personalities… etc., and access to all these events and more can be yours just by holding a cute tattoo-clad panda.

Introducing Kanpai Pandas, one of the first Omnichain NFT projects in existence. A collection of 10,000 stylistically curated hand-drawn NFTs that roam 7 chains, including Ethereum, BNB, Polygon, AVAX, Fantom, Arbitrum, and Optimism chains (and soon to be 8 ).

Kanpai means “Cheers” in Japanese and reflects the light-hearted jovial nature that the project and community represent. The Kanpai Pandas’ prime objective is to bring REAL utility to its holders by building a solid brand that revolves around amazing real-world experiences and community building.

Kanpai Pandas isn’t only an NFT collection incorporating innovative blockchain technology. Holding a Kanpai Panda gives you a membership pass into an exclusive club that offers access to high-end events such as private parties, sporting events, concerts, and other sought-after entertainment events. Kanpai Pandas is building a family of like-minded people across the globe, creating a network effect where holders can build, collaborate, and learn together in the journey to making NFT history. Kanpai Pandas believe in building a sustainable long-term foundation through providing real-world utility and on-chain innovation.

So, what’s under the hood?

Kanpai Labs, the creator of Kanpai Pandas, built and released the project on LayerZero Labs’ technology. LayerZero Labs is an Omnichain Interoperability Protocol designed for message passing across chains, providing authentic delivery. Layer Zero has been funded by FTX, Binance Labs, Spartan, DeFi Capital, and various other strategic investment groups.

Kanpai Pandas sought to distinguish themselves in the NFT space by providing an art collection that incorporated cutting-edge interoperable blockchain technology. Building on LayerZero Labs technology, Kanpai Panda’s smart contracts became the new “gold standard” of omnichain.

The creator of Kanpai Labs, @DaRealMilkBagz, crafted a team of experts to provide utility to Kanpai Panda holders. Before mint, @DaRealMilkBagz announced three exclusive confirmed events where Kanpai Pandas could attend, details of which will be further explained in future Medium posts, but have already been announced on our Twitter (@KanpaiPandas). Kanpai Labs came out swinging to provide its determination in making Kanpai Pandas a lifestyle brand that provides many perks: exclusive social events, collectibles, comic series, and on-chain game theory (details about these perks will be further outlined in future Medium posts).

Renewable Energy Plants – The New Gold Mines of the 21st Century 2514

Sinan

Experts believe new-age renewable energy plants are the gold mines of the 21 century. These offer environmental benefits, low investment risk, consistent cash flows, explosive demand, and reduced operating costs. All these factors clubbed together make renewable energy plants the future of the industry.

When you add carbon credits to the picture, it becomes one of the most lucrative investment options. And this is where Sinan Energy is unique by offering carbon credits from its own plants in the form of crypto tokens, which can be traded on exchanges for a profit or used in the real world. The need for carbon credits arises because more and more companies have adopted a net-zero emission target, which has led to an exponential increase in their demand and prices. Experts predict that the prices will likely increase fifteen-fold before 2030..

All about Sinan Energy’s blockchain-enabled tokenization platform

Sinan accelerates the commercial deployment of new renewable energy technologies by integrating these into its blockchain-enabled tokenization platform to build and deploy innovative plants ahead of the curve, thereby extracting maximum value.

Sinan Energy’s blockchain platform enables it to tokenize, record, and verify carbon credits generated from its plants. This allows it to achieve international certification and trade carbon credits on the global carbon market. By integrating renewable energy and blockchain architecture, Sinan Energy has created twin revenue streams through the sale of energy and tokenized carbon credits.

Integrating these two attractive options on one platform provides consistent and lucrative benefits to token holders of Sinan Energy.

What’s all the hype around Sinan Energy’s Carbon Credit Tokens?

Carbon credits offset a given amount of carbon dioxide or other greenhouse gases released into the atmosphere by industry and governments. These credits exploded in value in the last few years as most of the top 5000 companies across the globe have adopted net-zero emission targets. The carbon credit price is expected to see an upward trend in the coming years as the shortfall between the supply and demand for renewable energy energy doesn’t seem to be narrowing down anytime soon.

State-backed utilities lack the potential to produce large amounts of energy simply due to a shortage of resources, poor management, and heavy reliance on fossil fuels, which are both not as effective as renewable energy or as cost-effective.

The problem in opening access to carbon trading is that carbon credit markets are generally very complex, with several intermediaries shaving off profits. This is where Sinan Energy’s innovative renewable energy and carbon credit blockchain platform aims to disrupt the entire carbon value chain.

So, if you have been looking to invest in the twin booms of renewable energy and carbon credits, the Sinan Energy Token (SET) provides great exposure to both markets. Given the inherent supply shortages and Sinan’s pipeline of projects the price of SET tokens are expected to appreciate in value significantly.

Renewable energy is the future

Renewable energy plants, especially solar and wind, have lower operating and maintenance costs than their fossil-fired counterparts. This provides cost benefits to both the plant owner and end-users.

Sinan Energy has invested heavily in the development of renewable energy plants. They have signed contracts to set up plants with a total capacity of more than 100MW. Sinan will be setting up some of these plants at their Innovation Implementation Zone in the Northern Cape, South Africa. This region receives one of the highest amounts of solar radiation across the globe.

The Sinan Energy joint IEO and IDO is currently underway on the P2PB2B exchange with a full listing scheduled for May 12, the proceeds of which will be spent on the further development of the platform and to set up new plants. The total number of tokens is capped at 10,000,000,000, and individual tokens have been priced at $0.015. Every $1 million raised, will start the construction of a corresponding 1MW capacity renewable energy plant that will provide tokenized energy and carbon credits.

To find out more about Sinan Energy, visit https://www.sinanenergy.com/
To participate in the IDO go to: https://p2pb2b.com/ido/7/
To participate in the IEO go to: https://p2pb2b.com/token-sale/SET-403/

GYM NETWORK: The Future of Investing 2324

GYMNET

Investments have always been a risky affair, and the biggest concern among most is which platform to go for. More so, the slightly reliable ones don’t offer high rewards, which in turn negates the whole point of investing. But that changes with GYM NETWORK, a Binance Smart Chain-based Decentralized protocol. It not just ensures security and transparency in transactions but offers high returns and exciting rewards on investment.

All about GYM NETWORK

If you ever search for a De-Fi project, there would be hundreds of results, but not all suit your requirements or are trustworthy. The number could be pegged at 3-5 if we are lenient in that regard. But the team behind GYM NETWORK has managed to eliminate all the previously encountered problems and design a platform that offers you the best.

GYM NETWORK handpicks the best investment options and presents these as vaults to investors along with the risk factor associated with each. These options (initially, it’s just Alpaca, but more are to be added in the coming days) offer high yields,. In addition to that, investors receive rewards in the form of $GYMNET, the native token on GYM NETWORK. Its total supply is capped at 4,000,000,000, and the tokenomics is designed to deliver both short-term and long-term rewards to users, apart from ensuring the development of the platform and its success.

It’s not that you have to invest regularly to earn big. There are various options offered to users by the GYM NETWORK to earn a passive income. Many who are not regular on the platform go with these.

Other than the affiliate system as discussed later, one of the easiest ways to earn a passive income is to go for Farming, which means adding your holdings to liquidity and earning regular income on it. This way, instead of lying around your wallet, the currently held tokens would help pocket additional rewards.

Also, those who hold on to their collection of $GYMNET receive rewards on buying and sell orders. 1% of every purchase order and 4% of every sell order is distributed amongst the token holders. It is raining rewards on GYM NETWORK and now is your chance to make a fortune.

Affiliate system to earn passive rewards

Users require a referral code to join the platform. And once they are a part of it, they use their own referral code to get others to join. The pyramid so formed helps everyone earn rewards when the user they invited invests into the vault. A part of both, the ALPACA and $GYMNET rewards, will be shared with the invitee. Also, the affiliate system works through a smart contract, which almost nullifies the delay in the execution, and eliminates the need for an intermediary, thus making it quicker and safer.

This gets even better! There are 16 levels to the referral system with the rewards increasing as a user progresses through the levels. When a user reaches Level 14 or above, they automatically start receiving a share of the overall profit and rewards generated throughout the GYM NETWORK, which is independent of their team structure. So get as many people to join and increase your passive income. Collecting rewards has never been any simpler!

Why should I buy the $GYMNET token?

As you know, $GYMNET is the native token on GYM NETWORK and will be used to reward investors, and those who hold on to their tokens will further receive benefits on every sale and purchase order.

Another critical aspect that encourages users to not just hold on, but also buy the $GYMNET token is the Voting Right. With this, they get to introduce proposals to further improve the system. This is based on the team’s idea that GYM NETWORK is a community-driven platform, and it will be the collective opinion of token holders that will decide the path to be treaded in the future. Remember, the weightage of votes will depend on the number of tokens held by a user. So if you want to be a decisive factor, invest more to earn $GYMNET in the form of rewards, and also buy the token directly on exchanges.

Then comes the protection tools that are designed to prevent a sudden fall in the value of $GYMNET. No user can sell more than 50% of their token holdings in a single day. Also, it would be ensured that no one can hold more than 3% of the total supply of tokens in a wallet. Besides, there is bot protection in place that automatically identifies suspicious activities.

Another reason why the value of $GYMNET will see an incline is the Buy-Back and Burn program. When the tokens are burnt, the total number in circulation decreases, thus increasing the individual value of tokens left. You can check the total number of tokens burned to date on the official website.

So, if you had been looking for the right De-Fi platform to invest, GYM NETWORK will prove to be one of the safest and most transparent ones.

To find out more about the platform, visit the official website: https://www.gymnetwork.io/

Also, follow them on all social media platforms to stay updated with the day-to-day developments.

Twitter: https://twitter.com/GymNet_Official
Telegram: https://t.me/gymnetworkofficial

My Crypto on ICONFi: Check exchange wallets at once 2287

My Crypto service has launched on ICONFi, the hybrid Crypto savings and staking platform providing the highest compound yield rates on crypto savings. My Crypto allows users to add the API from crypto exchanges like Binance and Coinbase, supporting the users to check their balances at once. Easy and convenient.

A crypto user would need to use different crypto exchanges simply because exchanges have listed different kinds of coins and tokens. There’s a good chance many crypto Hodlers and traders would be struggling to check the balances of the exchanges they are using. This already sounds super bothering, and it is painful to multi-task through exchange apps to check the balances. My Crypto provided a solution to this problem.

With My Crypto service, ICONFi users can see the balances of different coins and tokens on different exchanges, making the crypto asset management super simple. And as this is Read-only API, the ICONFi app only shows the balance data while not having access to actual crypto assets. It would be also interesting to compare the ROI from the direct trading with ICONFi’s Fixed savings compound interest rates.

ICONFi’s Growth Lead Steve Cho said, “My Crypto service is expected to address the issue of dealing with many different exchange wallets. It also shows the total value of users’ crypto assets in BTC, making it easier to see how much crypto assets they have in exchange wallets and ICONFi wallets altogether.” And he added, “Many ICONFi users put their BTC, ETH, USDT, and USDC on ICONFi Flexible account so that they can receive the basic interest rates, because it has no lockup period (withdrawal takes up to 24 hours though) while giving up to 3.5% compound interests, which is normally higher than other platforms’ Fixed savings with lockup periods. People always want to get the maximum profits out of their actions and ICONFi users just know this is the best option they can have without taking risks of lockup period because the crypto market shifts a lot. They know that if they sit their coins on exchange wallets, in fact they are losing value while taking the opportunity costs.”

ICONFi’s CEO Sean Kim said, “The vision of ICONFi is Make Crypto Simple – we want to provide easy and convenient crypto finance services to the entire crypto users.” He added that “ICONFi is officially giving out the highest compound interest rates on BTC (without considering platform tokens) in the market and it is the only Crypto savings platform giving its users Fixed rates. All other platforms cut down the rates if users put more crypto, which sounds super absurd. Users deserve more yields if they put in more assets. We want to support any crypto user to get the most value out of their Bitcoin in an easy, simple, and convenient manner.” Sean Kim has 11+ years’ experience in financial service consulting at PwC and Ernst & Young and expertise in financial system, derivatives, and investments. He also has been a financial engineer and mathematician.

ICONFi is a Hybrid platform providing both Crypto Fixed savings and Crypto Staking services. ICONFi provides the familiar ID and Passwords system while providing compound interests on Crypto savings and Auto-Staking features, positioning itself as an alternative to direct crypto trading. The website www.icon-fi.com has the interest calculator to see the details and expected interests on ICONFi savings accounts – it is always harmless to have more options, and ICONFi would be a good alternative if anyone understands the benefit of the compound interest system.

With the launch of My Crypto service, ICONFi announced a whopping 10 million USD worth of Fixed Savings events where users can receive the MAX interest rates for 28 days until the total event savings amount hits $10M. Check out the details from the ICONFi Medium Blog.

Check out more about ICONFi:

Website: https://www.icon-fi.com
Medium: https://medium.com/iconfi
Twitter: https://twitter.com/ICONFiWorld
Discord Community: https://discord.gg/YdWsjaW8Eh