hey welcome back everybody to altcoin daily the reason why you subscribe to this channel
is because on a daily basis we take you through the cryptocurrency market put different projects
on your radar news opinion perspective if you appreciate us coming at you on a daily basis
do me a small favor like the video let's get into it and of course just like always guys
comment which coins you want us to talk about going forward i'm always trying to stay in tune
with what people are interested in so let me know which cryptocurrency projects you like i'll try
to talk about them in a future video that being said let's get into the top projects of the day
first cryptocurrency doing big things in the l1 space is number 20 on coin market cap yet number
one in many interoperability fans hearts coin of course is cosmos the internet of blockchains with
the ticker atom the cosmos ecosystem is gaining steam and it is unique among l1 alternatives
to eth it's architected as a constellation of l-ones that are natively interoperable this means
horizontal scaling where each dap creates its own capacity and it means assets can move between
chains i've been a fan of cosmos for several years eric voorhees writes primarily because of two
things a smart developers i know love it when they try it and b it doesn't make the decentralization
sacrifices that other proof-of-stake l1s make it's highly decentralized and decentralizing and
the ux of actual transactions is beautiful so cosmos makes our list today if you're
interested in interoperable l ones i'd say take a look at polka dot and take a look at cosmos
next cryptocurrency project making big moves in this space is play to earn splinter lands
with a huge partnership warner music group and splinterlands collaborating on play to earn
games let's find out the details this is a big partnership us-based record label warner music
group and blockchain gaming company splinterlands have agreed to develop new blockchain games
centered around warner music group musicians and their work this is according to a statement today
the games will be played to earn arcade style and designed for mobile devices if you're unfamiliar
splinterlands is a fantasy digital card game built on the hive blockchain but users must transfer
splinterland nfts to the wax blockchain for secondary sales of course as you know
nfts are unique cryptographic tokens that exist on a blockchain and signify
one's ownership over a digital asset in this case in-game assets more about splinterlands
it's been around since 2018 now has almost half a million daily players and 1.8 million registered
users it was also the most popular blockchain game last month according to data from dap radar so
werner music group combining with splinter lands to make play to earn based games chief digital
officer and vice president of business development for warner music group said this about the massive
partnership i don't think we can underestimate how massive the opportunity around play to earn
gaming is our partnership with splinterlands pulls focus to our artists and their music
as we all work together to develop and maintain tokenized games as we build we will be unlocking
new revenue streams for our artists while further solidifying fans participation in value
created huge win for warner music group huge win for the play to earn game splinter lands
next coin making our list is the blue chip ethereum itself i'm bullish on alternative
layer ones but let's not forget the king of layer ones ethereum especially with stuff like this puma
registers an ens domain a dot eth and changes its twitter to puma dot eth the sports company added
the ens domain name to its growing collection of nfts joining nike and adidas in the metaverse all
on ethereum ethereum makes our list how can you not be bullish with so many different verticals
that are contributing to the great tokenomics that is ethereum sometimes nfts sometimes d5 total d5
addresses are at 4.4 million up 203 percent from a year ago today if you like ethereum if you like
defy maybe you'll like defy on cardano want to put a cryptocurrency called meld on your radar it is
cardano based the banking stack for d5 meld is the first defy non-custodial banking protocol
you can securely lend and borrow both crypto and fiat currencies with ease and stake your meld
tokens for apy meld is sponsoring this section of the video meld is a top project on cardano
now let me tell you what you can do with meld let me tell you how you can do it with meld if you
want to be at the forefront of define on cardano this is what you need to know so why choose meld
well you would choose meld for cash loans get an instant loan against your cryptocurrency holdings
at a competitive apr or get a credit line and only pay interest on what you use you can protect
your crypto holdings don't let today's small expenses erode your crypto investments
leverage the value of your crypto don't sell borrow cash when you need it maybe you'd like this
because it's built on cardano the meld protocol is built on the cardano blockchain a native
generation blockchain delivering fast safe and cost-effective infrastructure for a new
generation of d5 perhaps you'd like it because it is decentralized and trustless a world-class
d5 protocol melds uses smart contracts to ensure complete transparency and fairness for all parties
it is borderless and democratic and stable yield yearnings abound hey i'm interested in this i like
cardano i like d5 i like what you're talking about how would i use this if i
wanted to use this how does it work well to take out a loan you would use the meld app
choose how much cash you'd like to borrow add your crypto as collateral 2x the amount you'd like to
borrow and lock it into a meld smart contract you get your cash once the smart contract is in place
your loan is electronically transferred to your bank account anywhere in the world to go further
you can earn yield on your crypto your crypto collateral is added to melds liquidity pool
to generate yield and work for you for the entire life span of your loan you can pay back your loan
you make monthly payments to pay back the interest and principal of your loan once the loan is paid
off your collateral is released to you you earn all the time regardless if you are borrowing
lending staking or holding you are always earning yield from crypto in your meld
dap this is what the meld dap looks like very simple very easy to use and this is the staking
section of the meld dap to go further there's a lot of quality information on their website i'm
going to leave a link to this website so you can do your own research check out mel below
and even check out their budding nft project be your own bank meet the bank managers is what their
nft project is called and why it's cool is because it's not just a picture introducing the meld bank
manager nft collection anyone that has delegated to the meld ispo for even one epoch five days
is eligible to mint a bank manager these nfts are not just pretty pictures they will earn you money
and help you grow your wealth like any good bank manager should next coin making today's list
continues to build out and integrate this story is really cool there's a vending machine in new
york selling solana nfts solana nft marketplace neon lets you buy nfts in person with a credit
card you don't even need to pay with crypto the digital world of nfts is bleeding into real life
thanks to solana based nft marketplace neon which just closed a 3 million seed round last month
the company soft launched the first nft vending machine located 29 john street in manhattan
back in december now the vending machine is open 24 hours a day and allows collectors to buy solana
nfts with fiat currency why would they do this quote my thought was that there is literally
no simpler way to buy something than a vending machine we built it because it shows how powerful
and easy it can be to support digital artists and to demystify the process of getting an nft
this might be the most exciting thing you can buy at a vending machine since you were a kid
getting those bouncy super balls final coin making our list today is avalanche whose price rallied
20 after reports reveal 25 million inflows into avax the details are as follows avax rallied
about 20 percent in the last two days as a new report revealed millions of dollars flowing into
a wax-based investment product so whether that's direct a back spot investment or maybe a ticker
anyways this information is from the reputable coin shares an institutional crypto fund manager
the report highlighted that avalanche based investment vehicles attracted about 25 million
in the week ending february 21st which the second biggest being the inflows recorded
into bitcoin at 89 million these are the coins on my radar for april let me know what you think in
the comments below and you know i'd be remiss if i didn't say if any of us knew the future
we'd all be rich fun question if you're still watching answer this in the comments below
which crypto event do you think will happen first bitcoin to 100k
ethan to 10k binance one case elana 500 chain link 100 polka dot 100 matic 10
cardano 5 dogecoin one but hey crypto markets do be like this sometimes anyways i'm really excited
about the rest of this year i'm really excited to be at the forefront of the crypto decade
the roaring 20s the crypto decade subscribe to the channel like the video i'll see you tomorrow