Top 5 Crypto News - Stephanie Matto Launches NFT Collection

Top 5 Crypto News – Stephanie Matto Launches NFT Collection

Stephanie Matto, A Tiktoker Who Made $200k Selling Farts In Mason Jars, Launches NFT Collection

Stephanie Matto, a former reality star on TLC’s “90 Day Fiancé,” launches fartjarsnft.com and sells her work as a non-fungible token (NFT) collection. The website went live on Wednesday, and at the time of publishing, minting a Fart Jar NFT costs 0.05 ETH or around $155 per NFT. 

Matto is a Tiktoker and Youtuber who decided to sell her farts in mason jars on the internet. The businesswoman raised $200,000 for her mason jar farts, but the concept was causing serious harm to her health. After hospitalized Matto, a doctor informed her that the farting idea was a problem. Matto is now relying on blockchain technology to maintain her fart-selling job to be more conscious of her body.

“For the first time ever an NFT project is giving the people what they want: Fart Jars,” the website declares. 

“Combine this with the deflationary mechanics, real-life redeemable items, and utility in the form of access to fart jar extraordinaire Stephanie Matto via a private discord channel for all holders. We are certain Fart Jars will blow you away.”

“Imagine the smell,” the website says, and Matto is confident she is providing exactly what consumers want.

PayPal Holdings Inc. Is Considering The Creation Of Its Own Stablecoin

PayPal has made inroads into the cryptocurrency business. PayPal’s senior vice president of crypto and digital currencies, Jose Fernandez da Ponte, told Bloomberg that the corporation is currently looking into the possibility of creating its stablecoin.

Stablecoins are a type of digital money linked to the value of a stable reserve asset, such as the US dollar, the Indian rupee, or the value of a real commodity, and may be redeemed.

“I don’t think that we have seen a stablecoin that works well for payments yet,” Jose Fernandez da Ponte told Bloomberg.

“We are exploring a stablecoin; if and when we seek to move forward, we will of course work closely with relevant regulators,” he stated.

Ethereum Might Represent 50% Of Global Financial Transactions Within The Next Ten Years

Joey Krug, a co-chief investment officer of cryptocurrency-focused hedge fund Pantera Capital, believes Ethereum can become a key role in the global financial system.

In an interview with Bloomberg, Krug predicted that Ethereum would be involved in more than half of all financial sector transactions, noting the assets underpinning technology.

He claimed that, despite the competition, Ethereum’s dominance might remain uncontested, citing factors like a few trade-offs.

“There’s too many trade-offs other chains are making that Ethereum is not making on the decentralization side that are pretty important. <…> If you roll the clock forward 10 to 20 years, a very sizable percent, maybe even north of 50%, of the world’s financial transactions in some way, shape or form will touch Ethereum,” Krug stated.

According to Krug, continuous network development will be critical before Ethereum reaches the milestone and wipes off competition.

After Ethereum adopts the proof-of-stake protocol, he believes that the platform would serve as a framework for rivals to establish their projects.

Ancient India’s Collaboration with NFT Will Showcase Some of the Greatest Artworks Made By Humans From India’s Old Ages

Sapio Analytics, a data-driven government consultancy service, will soon make ancient Indian artworks accessible for purchase. The AI-powered government assistance organization is teaming up with the NFT marketplace to launch a unique digital artwork on India’s most trustworthy NFT marketplace. In just six months, the platform has offered a slew of new use-cases, the most recent being the NFT drop by Sapio Analytics.

Legends like Benoy K Behl photographed and digitally repaired these masterpieces, and chosen artifacts are now available through NFT.

The introduction of NFT is a 5th century CE artwork that depicts the meaning of divinity and can raise the awareness of individuals who connect with the art.

Benoy K Behl, a world-renowned filmmaker and art historian, documented the artwork for Pitalkhora Buddhist Caves in 1992. He meticulously digitally repaired it to be seen in its original power.

10 Popular Cryptocurrencies With A Bright Future In Rural India

According to the World Bank, the overall market capitalization of the global crypto market is present at $2.6 trillion; which is the same as India’s gross domestic product (GDP) for the entire year 2020.

Bitcoin

Bitcoin is widely regarded as the first cryptocurrency, and its introduction in 2009 is credited with igniting the cryptocurrency revolution. Because of its peer-to-peer blockchain technology, Bitcoin did not require banking institutions to conduct transactions. A person or group created it under the alias Satoshi Nakamoto.

Ethereum

Ether is the basis for smart contracts, established ‘rules’ from which many different applications, or dApps – decentralized applications may be constructed. Dapps may range from games to Initial Coin Offerings (ICOs), the cryptocurrency counterpart of crowdfunding or IPOs. While numerous smart contract platforms have emerged afterward, each claiming to provide more advanced technology; the original blockchain has remained the most widely used.

Tether

USDT or Tether is a cryptocurrency whose tokens are issued by Tether Limited, owned by Bitfinex’s owners. Tether is a stable coin since it was created to always be worth $1.00, with $1.00 in reserves for each tether produced.

Binance Coin

BNB or Binance Coin is a cryptocurrency issued by the Finance exchange that trades under the ticker BNB. Binance currency began on the Ethereum blockchain using the ERC 20 standard but became the Binance chain’s native token. Binance currency is limited to 200 million BNB coins.

Cardano

Cardano is a blockchain platform that is accessible to the general population. It is open-source and decentralized, with proof of stake used to create consensus. Its coin, ADA, can be used to allow peer-to-peer transactions. Charles Hoskinson, the co-founder of Ethereum, established Cardano in 2015.

Ripple

Ripple XRP is the ‘establishment’ cryptocurrency with strong ties to and backing from several banks. The Ripple platform is designed to improve the efficiency of cross-border fiat cash transactions; and it has a real chance of becoming a part of the traditional financial system.

Dogecoin

Dogecoin is a cryptocurrency founded as a joke by software programmers Billy Markus and Jackson Palmer; who wanted to make fun of the rampant cryptocurrency speculation of the time. Despite its sarcastic character, some people think it’s a good investment.

Litecoin

Litecoin is a significant challenger to Bitcoin and another possible currency replacement. Its developers believe that Litecoin will one day be used to pay for common products and services. The P2P network can confirm transactions much faster than the Bitcoin network. This may make Litecoin more appealing to retailers, but real-world’ transactions remain extremely restricted.

IOTA

IOTA is a one-of-a-kind cryptocurrency based on the Directed Acyclic Graph (DAG) structure designed to operate with the Internet of Things (IoT) devices. IoT enables feeless microtransactions between linked devices while also maintaining data integrity.

IOTA has lately risen to the top of the list of the most traded cryptocurrencies, and it seems to have a bright future as IoT technology becomes the norm.

NEO

NEO, released in 2014, aimed to provide roughly the same functionality as its predecessor, Ether. Many claim that NEO is a more technically advanced platform than Ethereum; yet the latter has a higher market share because of its established position.

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