Topic: 4 Upcoming Events Crypto Should Know About: 2 - 6 July (Read 217 times)

This is a good marketing and development pattern where WazirX has begun to increase the value of trust and the benefits of investing with them.

Token burning is usually a deflationary mechanism to lower the total supply of the coin in circulation.
This action is used to maintain a stable value and keep incentives for traders to hold their coins because according to the law of supply and demand, lowering the total supply of coins should theoretically increase its value.

I have been a fan of 0x back in 2017-18 i was very excited about this project, i remember i was so bullish about it and back then it grew nicely as well other than profit point i think the development on this project has been much slower and gradual while i was expecting it to be fast so that it can capture the target market but now we all know there are many working alternatives and similar platforms available so competition is getting tougher.

This is the first time for me to read about wazirx. So if I understood those post above right, wazirx is part of Binance. Generally, i am a fan of coin burns it is the equivalent for stock buy back programs

Looks like it is in for a MAJOR run now!

WRX is one of the good coins so I bought it way before the news of token burning first surfaced. I also sold around 25% of my bag at 1600 sats and planning to rebuy if the price falls below 1400 sats again.

Wazirx one of the top exchange in india it provides peer to peer trading ( Even in the time of Crypto ban from Reserve bank of india ) . After ban took off its providing fiat tradign . Moreover this exchange aqcuired by Binane . Burning the coin will reduce the total circulation supply . So that coin value will increase eventually . by the time i was checking price already shoot up 6%.

Yes, if the Unitize team continues to develop good and interesting ideas, then there is a possibility that Unitize will succeed and succeed in the future, only if the team is still lacking in working hard to develop new ideas, then don't expect Unitize to be successful or ogled by many people.

I found this information on Provisn.com And shared here. They are offering a free lifetime subscription for new users and they have made some killer alt calls.

Maybe ask in their Telegram why they chose this - I cannot tell you for sure why they picked this over other events.

Too long for me to type, but I will send you a link here: https://coinrivet.com/how-does-token-burning-work-and-what-are-the-advantages/#:~:text=One%2Doff%20burns%20often%20occur,created%20%245%20billion%20in%20USDT!&text=Regardless%20of%20the%20mechanism%2C%20the,can%20never%20be%20used%20again.


It is to reduce supply and circulation of the token - lots of benefits for the holder as supply decreased and demand increased. $$$$$$

I added them here because three of the mentions are about Alts. If the mods want me to move it, I will do so happily. To be honest, I also did not know that there was a meet up section lol - so thanks for teaching me something!

Yeah - I bought the news and it worked! I am up and happy Most people saw this on Coinmarketcal, but I used Provisn.com , they have all this stuff in their user dashboard. Very happy with that lol!

Did you buy or just watched on the sideline?

I recently heard about this Unitize project will they have own platform or even launch any form of ICO? Ive been following them on twitter for quite sometime and got some interest on how they handle such great discussion.

Will signing up will benefit something on their platform? What you mean about sec and congressman? Im expecting them to have their own token soon.

Today the virtual conference event are off the charts, so probably unitize would be able to launch some sort of platform that caters the blockchain events need through virtual sign up.

Signed up for the Unitize, looks awesome. Great speaker line up - keen to hear what the SEC and congressmen bring to the table.

WazirX's burn news has already started giving some pretty good gains. They are already in the top gainers on binance would like to know how many tokens are they going to burn from their 1B supply.

The mods should move this topic to Meetups section since it's all about the upcoming crypto events.

As for Unitize, I have signed up there already and would like to watch speakers like Vitalik Buterin, Changpeng Zhao, etc., in their keynote speeches in the virtual conference. I'm looking forward to this much-anticipated virtual conference.

Cheers!

While I think Unitize is a good idea, it will be interesting to see how successful it is considering that it is a virtual conference.

What is the main purpose of burning coins and what will this do to the value?

Here is a curation of upcoming events from the Provisn Event Calendar. Find out what’s worth knowing about in the upcoming week below:

4 July > WasirX Burn Report

Indian cryptocurrency exchange, WasirX will be releasing their Q2 report on WRX trading volume following their first token burn and collaboration with Binance.

4 July > Premier Of Dragonchain Docu-series

Crypto documentary series titled Open Source Money is launching at 10AM EDT/PDT on the Discovery Science Channel. Shedding light on the evolution of the cryptocurrency industry in the US and featuring the story of Dragonchain, this is a hot topic in the crypto community. See the trailer here: https://www.youtube.com/watch?v=JX0CGsNIu40.    

6 July > OxProject Proposal Voting

OxProject (ZRX) is hosting a community vote to decide whether the project should decrease the protocol fee multiplier (from the current value of 150,000 to 70,000). Have your say.

6 - 10 July > Unitize

Unitize, a virtual blockchain event is running from 6 - 10 July. Unitize is playing host to some of the biggest names in the blockchain industry. Key speakers include a range of industry heavy weights, like Changpeng Zhao and Vitalik Buterin, as well as a Congressman and SEC commissioner.

Source: Provisn.com - The Provisn Calendar let’s you know about real altcoin happenings and crypto events from inspiring AMAs with blockchain visionaries, to events all over the world, and even the upcoming info you need for coin events in the future

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