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Retro Games, Meet the World of eSports

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Videogames have come a long way from the days of Pong and Space Invaders. From as far back as 60 years ago, we’ve been running, jumping and dodging projectiles on everything from arcade machines to our mobile phones. eSports have become high-earning professional competitions, with some of the more popular esports competitions sporting prize pools of millions of dollars. With a combination of technological advancement and innovative game design, we’re a far cry from the pinball machines on darkened arcade floors.

Many of us have happily been along for the ride, as technological development has brought gaming to a scale of consumer engagement rivalling that of any other major entertainment sector. One could arguably go as far as saying that our gaming experiences form a part of our personal development now. A lot of us remember our first jump in Mario, or the hours of playtime we spent in arcades. While the latest and greatest games are always drawing people in, many older videogames are still juggernauts in their own right. Nostalgia is a strong motivator, and many older titles are still quite competitive these days. If you’re somebody who loves a classic whether it’s slots, fighting games or racing sims, here’s a couple of popular retro games that prove just how significant they are to the growth of the esports genre.

Street Fighter 2

Credit via Unsplash

At the time of its release, Street Fighter 2 was an instant hit. Going on to become developer Capcom’s most successful software title, Street Fighter 2 was the first arcade game that allowed players to compete directly. It was the first game to implement a working combo-system, and inspired groups of players to begin their own competitive tournaments. Street Fighter 2 is widely regarded as one of the most influential games of all time, sparking a resurgence of arcade gaming in the 1990s, and cementing the fighting game genre as a competitive gaming mainstay. One of the top three highest-grossing video games of all time, Street Fighter 2 also had a significant impact on popular culture.

With a roster full of memorable characters, Street Fighter 2 quickly became a cultural phenomenon. With their iconic moves and unique one-liners, most of us know who Ryu and Ken are, or even some of the lesser characters like Zangief or Blanka. There are a multitude of formal and informal Street Fighter tournaments around the world – some of the biggest being the Retro World Series and the EVO fighting game tournament. Old tournaments and current matches are available to watch for anyone who’s interested, and can be viewed on Twitch and Youtube. With the upcoming release of a Nintendo Switch version, Street Fighter 2 isn’t showing signs of slowing down any time soon.

Starcraft

Credit via Pexels

Despite a highly-successful sequel, Starcraft: Brood War still has a healthy competitive scene in 2021. A decade after its release, it is still considered one of the most popular online competitive games, owed in large part to the evolution of esports in South Korea. After the growth of Starcraft’s professional tournaments, some of its best players in the world went on to become minor celebrities. The game influenced popular culture to such an extent that competitive matches were broadcast on their own dedicated television channels.

Starcraft, and real-time strategy games in general, require efficiency in a few key skills. Some of these skills include base-building, knowledge of unit combinations, production economy, and the overall speed at which you can perform all these tasks. With all of these dynamics working in realtime, there’s no pause button as you and your opponents take each other on in a game of wits and tactics. Starcraft was also one of the first games to introduce asymmetric factions, where each faction had distinct differences in playstyle and unit composition. This allowed for more variety in how matches would play out, increasing the likelihood of a surprising tactic or outcome.

Nowadays Starcraft 2 is the game you’ll find at most tournaments. However, with the Starcraft remaster that came out in 2017, the original has seen a resurgence in players and competitive matches. Turns out all you need for a popular esport is a dedicated fanbase, and a community that will support a worthy game. Despite an increase in global connectivity and communication, tournaments and classic games bring people together in a way that many modern games have difficulty achieving.

Wind-up

Modern esport games such as Fortnite, Apex Legends and Counterstrike have become household names. But there will always be those of us who love the games of yesteryear. As each generation goes through its own advancement of games development, we remember the games that we love – the ones that make an impression on us are the ones we enjoy coming back to.

The ongoing support and success of retro games clearly demonstrates the fact that graphics and processing power aren’t everything. Many of us enjoy the memories a game invokes, or the friends (and enemies) we find through competition. A well-earned victory is satisfying in any entertainment medium, and the added interactivity in games make them a unique environment for esports players and spectators alike. Healthy competition will never go out of style, and it’s nice to know that the classics won’t either.

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Understanding How Trading Bots Work

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With the daily advancement of technology and financial markets, crypto trading is the new currency in town. Due to their volatility, digital assets are listed on crypto exchanges just the same way shares of limited companies and state corporations are listed on Wall Street.

The crypto market runs 24/7, with prices never stopping fluctuating depending on market forces across the world. With a huge number of active cryptocurrencies in the world and taking other considerations into perspective, no human can keep efficient track of the price changes.

This brings automated bots into the context. These bots are algorithms that are aimed to ease the trading process by providing accurate and efficient data on the cryptocurrencies a user trades with.

They are tools designed to gather and analyze market data and execute trades on behalf of traders, which basically means profiting from tiny price fluctuations.

Due to their ability to convey accurate and prompt changes in the crypto market prices, they are desirable to investors who are immersed in the trade. There are several types of automated bots for crypto trading that are available in the market.

TYPES OF BOTS 

  1. Arbitrage bots. Taking advantage of the existing market inefficiencies, arbitrage trading makes profits through the simultaneous purchase and sale of the same asset in different markets at different but close-range prices. Arbitrage relies heavily on execution speed, since it is crucial to buy an asset on one exchange and simultaneously sell it on another, but at a higher price.

Among all providers of automated trading solutions which have incorporated this feature into their platforms, the one offered by Bitsgap clearly stands out. All thanks to a variety of tools that allow analyzing data from 25 crypto exchanges around the world to find the best opportunity to strike a deal.

  1. Grid bots. Grid bots place multiple buy and sell orders within a predetermined price corridor. The orders form a grid above and below the current price — the higher the number of levels, the more intense trading will be. The rising number of grids leads to decreasing price differences between them, which reduce from each trade.

Users should be careful reducing grid spaces since some bots do not take into account exchanges’ fees when calculating profits. Bitsgap is among few platforms that include all commissions into profit calculation and simply won’t allow bots to perform a trade if it won’t make any profit for the user.

  1. Futures bots. The main advantage of futures trading is leverage, which allows traders to open positions exceeding their initial investments, thus multiplying profits. This advantage, however, is the main danger of futures trading, since it can dramatically impact the size of the portfolio and lead to a partial or even total loss of the investments.

Controlling emotions is especially hard when trading futures and this is the point where the Bitsgap Combo bot steps in. It completely automates the process by combining grid and DCA technology and uses trend reverse for maximizing profits when the trend turns in your favor.

BENEFITS OF TRADING BOTS

Just as there are demerits of using bots in blockchain trade, so are the merits. Which surpasses them by miles. This has been harnessed through the launch of the Ethereum London Hard fork. It includes:

  1. Owing to the analysis of the cryptocurrency market prices by chart patterns and trend lines, the interpretation of data becomes simplified. Investors can therefore easily read and understand graphical representations and afterwards make sound execution decisions like in trend trading bots.
  2. Non-stop trading. Bots operate 24/7 as they scale the fluctuations and variations of cryptocurrency prices. This allows investors to secure time and focus on analysis and high-profitable smart trading.
  3. Time-saving. Automated bots constantly analyze prices and trading volumes of over ten thousand trading pairs and are capable of executing thousands of trades per minute on dozens of exchanges. This kind of precision cannot be achieved by any human being, while bots perform it with ease.

MAKING PROFITS USING BOTS

Making and maximizing profits is the main investor concern. It goes without saying that the bigger the risk, the higher the profits. Similarly, the smaller the investment, the lower the return margins.

Crypto is maturing year after year. It has evolved into a prominent asset class attracting investors with promises of high returns and relatively low entry barriers. Since 2017, Bitsgap has matured with the industry and turned into one of the leading companies offering a one-stop automated solution for crypto trading.

Compared to other platforms, Bitsgap offers an unmatched set of tools across 25 crypto exchanges to build a solid trading strategy that may generate stable returns regardless of the market trend.

The company’s blog provides users with articles and ready-made automated trading solutions that allow newcomers to avoid the most common mistakes and start benefiting from crypto at once.

Source Code:Plato Data Intelligence

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Robinhood draws criticism from Wall Street as it braces for massive IPO

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Since the Robinhood trading app has drawn attention to the stability of the US stock markets. As a strategy of high access to financial markets, the app has sparked interest in the stock market from a younger group of traders keen to take on Wall Street scammers. Despite a series of crises this year. The Robinhood app is growing faster than ever and is on track to achieve a multibillion dollar IPO in the coming months.

The disruption caused by the app’s success has drawn a lot of criticism from more established players, who claim that the app makes transactions too easy and makes the investment process much less secure. While this may be true in some cases, it also proves that the availability of the app has served to hamper the business models of major industry players, who were charging investors high enough fees to trade stocks and shares on theirs. platforms. However, the success of Robinhood has forced the major brokers to improve and lower their fees to be competitive. Freedom24 is an example of a brokerage firm: dynamic and reliable, it has experience and expertise in the US stock market. It provides robust trading platforms and technologies to the market. Thanks to their brokers, investors have direct access to the stock markets and are guaranteed to be able to participate in IPOs.

The company recently took steps to mitigate some of the criticism. After being a private company for eight years, Robinhood filed in March the necessary documents to go public. Sources told CNBC that she chose the Nasdaq as her exchange. She remains on the IPO path and has built her management teams with veterans from Wall Street and Silicon Valley.

Negative PR and Blackouts Affect Robinhood

The popularity and success of Robinhood presented the young financial technology firm with its own set of challenges, including interruptions or suspensions of transactions as its IT infrastructure struggled to cope with the huge volumes transmitted. In turn, those interruptions sparked a significant amount of negative public relations, which ultimately led to a congressional hearing into the events surrounding the rise and suspension of GameStop stock earlier this year.

(Source: Intelligent Trend Follower)

Yet Robinhood is one of the fastest growing fintech startups and has become one of Silicon Valley’s most valuable private unicorns – and is the first company on this year’s CNBC Disruptor 50 list. Robinhood is valued at $ 11.7 billion, with its main backers being Sequoia Capital and Andreessen Horowitz, NEA, Kleiner Perkins and GV, the venture capital arm of Alphabet, the parent company of Google. Its IPO should allow a valuation of at least three times this amount. To prepare for its IPO, the company recruited executives with experience from Google, Facebook, Amazon, and the Securities and Exchange Commission.

In the run-up to Robinhood’s IPO, the tech unicorn has managed to tap into a previously untapped user base of new investors, who during the lock-in appear to have used their US stimulus payments to generate renewed interest in the functioning of financial markets. Maxim Manturov, head of investment research at Freedom Finance Europe, says: “One of Robinhood’s main problems is the lack of liquidity in the face of strong demand on GameStop (GME) stock. is not only that of Robinhood however, as many other brokers have also come across it when offering GME. Indeed, Robinhood had to put some limits and traders rushed to other platforms like Square, SoFi, etc. It is because of these limitations that many investors have been unhappy and have filed complaints and claims against Robinhood; the company however denies any involvement in helping third parties, as no one outside the company did not influence the decision on the limits.

During this crisis, Robinhood has seen tremendous growth in its users

It rose to the top of the iOS app store for several days during the gaming frenzy and led the industry in downloads, with 600,000 people downloading the free trading app in one. day, according to JMP Securities. In January, JMP estimated that Robinhood has gained 3 million users. As a result, venture capitalists rushed to fund Robinhood, which had to raise billions of dollars to meet its capital needs. Robinhood raised over $ 3 billion in a matter of days.

The biggest challenge Robinhood will face when it emerges on the other side of the pandemic will be keeping large numbers of these new users on board without them blowing their accounts up. They got a glimpse of the scale of this challenge earlier this year in the wake of GameStop’s volatility, which has had tragic consequences.

This is where future regulation may well act as a headwind. Product innovation is good, but leveraged investing and fractional exposure to various asset classes pose challenges when it comes to managing risk adequately and reasonably. Too often, novice traders are not sufficiently aware of the huge risks they take when trading with leverage. The rewards are important, but the risks can be even more so.

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7th Global Blockchain Congress by Agora Group & TDeFi on June 21st and 22nd, 2021, Dubai.

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The 7th edition of the world-renowned flagship Global Blockchain Congress by Agora Group is taking place on June 21st and 22nd, 2021 in Dubai & co-hosted by TDeFi. We are also happy to have Woonkly as a Title Sponsor for this event.

This edition’s theme is “Celebrating DeFi and NFTs” and will boast an amazing line up of speakers including Keynote Addresses by His Excellency Ahmed Bin Sulayem, Executive Chairman & CEO of Dubai Multi Commodities Centre, Hubertus Thonhauser, Chairman of the Board of Tezos Foundation, Fiorenzo Manganiello, Partner at Lian Group and many others.

The event is a closed door, exclusive congress that can be attended by invitation only. Agora will be hosting more than 100 investors and 30 Sponsors (Global Blockchain, DeFi and NFTs projects looking to raise funds). 

 

The first six editions of the Global Blockchain congress were a tremendous success and we were able to host more than 450 investors and more than 90 blockchain startups and were able to raise Millions in funds for our participating projects.

 

 

This is an exclusive, closed-door Congress to connect startups with investors and secure funds.

 

Startup founders from all over the world need financial advocates on their side. Raising funds and receiving funding is vital to the growth and success of startups. NOW is the right time for international startups to tap into a pool of highly engaged investors from the MENA region who are actively looking to invest in exciting and promising companies.

“Pitches are good and all, but have you ever sat on a table for 8 hours with 30 minutes one-on-one meetings with 50 rotating investors? Agora is next level. I went to this conference last year, and it was like speed dating with investors. THIS IS EXACTLY HOW IT SHOULD BE. If you’re in Dubai or can get there, and are looking to raise funds for your project, this is your jam.”

Nikita Sachdev, Co-Founder, LunaPR.io

 

Previous Notable Speakers:

H.E. Naokazu Takemoto – Minister of State for Science and Technology Policy, Japan.

Dr. Obaid Al Zaabi – CEO, Securities & Commodities Authority, UAE.

Baiba Broka – Member of the General Council, International Institute for the Unification of Private Law, Working Group Member on Cryptocurrency Regulation, Ministry of Finance, Latvia, and Former Minister of Justice, Latvia.

Josef‌ ‌Holm‌ – Founding Partner, Draper Goren Holm

 

Kristina Lucrezia Corner – Managing Editor, Cointelegraph.

Ralf Glabischnig – Founder & Board Member, Crypto Valley Venture Capital.

H.E. Zulfiquar Ghadiyali – Executive Director Of DIHC under chairmanship of HH Sheikh Mohammed bin Sultan bin Hamdan Al Nahyan

Zachary Cefaratti – CEO & Principal Founder, Dalma Capital

Wai Lum Kwok – Senior Executive Director & Financial Services Regulatory Authority, Abu Dhabi Global Market (ADGM)

 

For participation apply here:  http://bit.ly/The7thGBC 

Official website: https://agoragroup.ae/events/global_blockchain_congress_7th_edition

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4 Common Cryptocurrency Scams

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4 Common Cryptocurrency Scams

Wherever there is a new financial product or industry trend, you can be sure that there are scammers out there waiting to try and take advantage. Cryptocurrency has exploded in recent years, and for this reason, you need to be really careful when you are involved in the industry and buying and selling crypto. There are a few common scams that you should be aware of. This will greatly reduce your chances of getting conned.

This isn’t an exhaustive list, there are certainly more crypto scams out there than on this list, but by knowing the most common ways in which you can get scammed, you’re more likely to prevent it from happening. Combine this with tools like reverse email lookup to ensure you know who to trust.

Exchange and Wallet Hacks

Your data is at risk when you use a crypto wallet service. There have been high-profile hacks where hackers manage to steal thousands of email addresses and other personal details. These can be published or sold on the dark web and you could even find yourself susceptible to an account takeover. When you use a crypto exchange or wallet, you must make sure that you know the company is trustworthy. Even then, some aspects are out of your hands.

 

ZDnet reports that there were billions stolen last year, including attacks on Exchanges to the value of $300 million in losses. Even if the cryptocurrency itself is secure, hackers may have a way around it; targeting the wallets.

 

This government bulletin even warns people about the fact that crypto can be susceptible to hacking.

Scamming Emails

It’s always a possibility that you will get caught out by a scam email. Many scammers send out phishing emails posing as a crypto marketplace or wallet you might be signed up to. This can make it incredibly difficult to differentiate what is real from what is a scam. If you get caught out you might end up accidentally giving your data to a scammer.

 

Always use a reverse email search tool so that you can check if the source of an email looks legit. It could be that it has come from a domain that is a spoof or has a history of scams.

Social Media Scams

Social media account takeovers and hacks can be dangerous. In some cases, Twitter accounts have been taken over, and people have asked for funds to be sent to their blockchain address. This is usually in return for a promise of the money being sent back double, or some other reward that is never going to come. Even Elon Musk has had his account hacked and ended up a part of one of these crypto social media scams. Twitter’s share price dropped 5% as a result.

ICO Scams

Initial coin offerings give scammers the opportunity to scam people. This could be through a fake website, for example. It appears like any other ICO but when the user deposits their coins into the wallet, money may be stolen.

ICOs can be fully fraudulent, as people use fake advertising to try and scam people out of their hard-earned cash. The SEC has even had to step in with some examples, such as Plexcoin, which turned out to be nothing more than a Ponzi scheme.

 

There was a huge boom in these types of scams in 2017, largely triggered by the publicity of Ethereum, but ICO scams are becoming less frequent as the industry is now regulated far more heavily, but there are some scary examples of people losing a lot of money.

How to Report Cryptocurrency Scams

When you get scammed, quick reporting might help you to try and regain the money or to stop others from experiencing the same thing.

 

You don’t even have to have been the subject of a scam to report it. For example, if you see something on Twitter that looks like a scam, you may want to let the authorities know.

 

The Federal Trade Commission is responsible for this and they have published some intriguing figures. Did you know that according to the Consumer Sentinel Network Data Book, crypto has overtaken checkbook and money order scams in frequency, and the value now exceeds that of debit card scams?

 

The FTC may be able to help. Go straight to the FTC at ftc.gov/complaint where you can fill in a form providing details or even contact them directly. The FTC is working hard to prevent these types of financial scams.

Conclusion

Like virtually any big, growing industry, there are teething problems. For crypto, scams are one of the biggest issues people face. This doesn’t mean that you should avoid the industry altogether, but it makes a lot of sense to be vigilant and try to ensure that you don’t lose money by being too trusting. Treat all emails and social media communication with a lot of caution when they are discussing Bitcoin or other cryptocurrencies, and ensure that you stay safe whenever giving out your details or handing over money.

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