Topic: OWNR Wallet! Buy, exchange and store crypto. Order Visa prepaid card! - page 7. (Read 11692 times)

🎁 NFT Mystery Boxes Explained

NFT mystery boxes offer a unique experience in the world of nonfungible tokens (NFTs). These packages contain a selection of NFTs, marketed as surprises or random finds. Buyers discover the contents only after purchase, just like traditional mystery boxes.

These boxes can include various digital assets, such as video games, collectibles, virtual real estate, and artwork, adding excitement and gamification to the NFT market.

NFT mystery boxes are available on NFT marketplaces, allowing customers to digitally open the boxes and reveal their NFTs. The rarity and value of the contents make it an enticing prospect for collectors.

Read more on our blog: https://ownrwallet.com/blog/nft-mystery-boxes-explained/

Metcalfe's Law and Its Application in Cryptocurrencies

Metcalfe's Law, originally conceived for the telecommunications industry, serves as a foundational principle for comprehending the network effect within communication systems, including blockchain networks and cryptocurrencies.

The concept, coined by Robert Metcalfe, co-inventor of Ethernet, holds significance in assessing a network's influence based on user connections. It suggests that a network's value increases exponentially with the square of its users or nodes. In the realm of cryptocurrencies, this law implies that the expansion of users corresponds to the growth in value and utility of the network.

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What makes Tether (USDT) unique and what gives it value?

Even though the issuer of Tether is under frequent suspicions, USDT ensures since it has been used and accepted for years. It is widely recognised as a payment mechanism and a medium of exchange by many businesses and protocols inside the blockchain ecosystem. Tether is immune to market dangers like Black Swan occurrences because of its enormous reserves. Peer-to-peer trading and PoW or PoS security are two additional features that USDT shares with other cryptocurrency tokens on the network, making it an attractive hedge for both consumers and traders.

What Gives Tether (USDT) Value?

Since the USDT does not theoretically appreciate or depreciate in value, it offers liquidity and acts as a hedge against market volatility. The USD reserves of Tether are the only factor affecting the price of Tether (USDT). The value of Tether will always equal one US dollar as long as it is backed in 1:1 ratio.

Read more on our blog: https://ownrwallet.com/blog/what-cryptocurrency-tether-usdt-and-how-does-it-work/

Gamefam Brings SpongeBob and TMNT to Roblox!

The first company that uses Roblox as a game development platform, Gamefam, is once again making waves in the web3 gaming realm. This time, having joined forces with Paramount's Nickelodeon, the renowned blockchain games developer is to bring the iconic SpongeBob and Teenage Mutant Ninja Turtles cartoon franchises to the Roblox metaverse. Both gamified experiences are scheduled to launch by the end of 2023.

Read more on our blog: https://ownrwallet.com/blog/gamefam-brings-spongebob-and-tmnt-roblox/

What are stablecoins?

The value of stablecoins is intended to remain constant. Stablecoins offer an alternative digital currency that is more appropriate for everyday usage than other forms of crypto since they do away with volatility. Hence, if a crypto holder has USDT reserves and decides to purchase a car one day, they can count on having the same sum of money on their wallet no matter how much time passes. 

Read more in our article: https://ownrwallet.com/blog/what-cryptocurrency-tether-usdt-and-how-does-it-work/

What is the difference between DApps and protocols?

The emergence of blockchain technology has brought about revolutionary advancements in decentralized systems. Two vital components of this ecosystem are Decentralized Applications (DApps) and protocols, each playing distinct roles and contributing to the growth of decentralized technologies.

Read more on our blog: https://ownrwallet.com/blog/what-is-the-difference-between-dapps-and-protocols/

Hi, it’s OWNR Wallet here!

Today we wanted to remind you why you must try our buy crypto option. These are the three reasons why you must go and press the BUY button right now:

Verification process is really smooth and easy. All you need is your identity document and proof of address. The verification system interface will help you to go through all the steps really fast.

Secure payments. We don’t store any card information and all of our payments are checked by our AML team.

Wide country range. You can buy crypto from almost every country of the world using Mastercard or Visa. Check your country here.


Have any questions regarding buying crypto or verification process? Contact us through [email protected] or the app! We are always happy to help you.

What is cryptocurrency Tether (USDT) and how does it work?

Being one of the Top-3 cryptocurrencies, Tether has emerged as a prominent player and continues enjoying trust of users all over the globe. Often referred to as USDT, this stablecoin that has become increasingly popular due to its unique characteristics. Serving as a bridge between traditional currencies and the digital realm, this digital currency aims to provide stability and liquidity within the volatile cryptocurrency market.

What is Tether?

Tether (USDT) is what's referred to as a Stablecoin — a cryptocurrency the price of which is pegged to the cost of US Dollar. Tether Limited developed USDT to serve as the internet's Digital Dollar, with each token having a value of $1 USD and being backed by $1 USD in actual assets.

Read more: https://ownrwallet.com/blog/what-cryptocurrency-tether-usdt-and-how-does-it-work/

Redefining Digital Entertainment: Web 3.0 Games and Their Impact

Web 3.0, also known as blockchain gaming, is ushering in a new era in digital entertainment, expanding the possibilities of what games can offer. In the first quarter of 2023 alone, blockchain gaming projects attracted $739 million in investments, with the industry projected to exceed $30 billion by 2030. This sector has experienced remarkable growth within a relatively short period.

Read more on our blog: https://ownrwallet.com/blog/redefining-digital-entertainment-web-30-games-and-their-impact/

👋 We are happy to welcome everyone!

OWNR Wallet is the best place to manage your crypto assets! It includes all the necessary features from buying to withdrawing crypto in one convenient and secure app.

☑️ Send
☑️ Receive
☑️ Exchange
☑️ Buy
☑️ Withdraw crypto

Who has been using our wallet for a long time, what feature do you use most often❓And those who have just joined, what will you try first❓ Write in the comments below👇

Visit our website
https://ownrwallet.com

The Greatest Investors of All Time

This article introduces the top 11 greatest investors of all time and highlights their unique investment strategies and philosophies. Learning from these successful investors can offer valuable insights and inspiration to new investors, helping them develop their own approach to achieve success in the financial world.

Read the full version of the article on our blog: https://ownrwallet.com/blog/greatest-investors-all-time/

Summer's warm is not the reason to forget about winter's col!

❄️ Cryptodictionary: Crypto winter

The term "crypto winter" describes a prolonged phase in the cryptocurrency market characterized by declining or stagnant prices and a general atmosphere of negative sentiment. It shares similarities with a bear stock market, as both involve a downturn in value and overall market activity.

There is no consensus definition on what constitutes a crypto winter, but crypto prices are considered an essential indicator. With bitcoin price as a benchmark, there have been five crypto winters from 2017 to August 2022.

Read more on our blog:  https://ownrwallet.com/blog/cryptodictionary-crypto-winter/

What is an All or None (AON) order?

An All or None (AON) order is a type of order placed on a financial exchange to buy or sell a specific volume of assets at a predetermined price. What sets an AON order apart from other order types, such as market orders or limit orders, is that it includes specific instructions on how the order should be executed.

When an investor places an AON order, they indicate that the entire order must be filled entirely, or not at all. This means that if the exchange cannot fulfill the entire order at the specified price, the order will be canceled, and no partial execution will occur.

Read more: https://ownrwallet.com/blog/what-all-or-none-aon-order/

What is an atomic swap, and how does it work?

Atomic swaps are peer-to-peer transactions between individuals using different cryptocurrencies on separate blockchains, eliminating the need for intermediaries like centralized exchanges. They enable decentralized multichain cryptocurrency exchange, promoting the ethos of decentralized finance (DeFi).

Read more: https://ownrwallet.com/blog/what-atomic-swap-and-how-does-it-work/

Crypto transaction success rate

According to a recent report by Cointelegraph Research and Onramper, fiat-crypto transactions experience a 50% failure rate, influenced by multiple factors, including user location.

The comprehensive research delved into the performance of various fiat-crypto onramps, examining nine prominent platforms such as Coinify, MoonPay, Transak, and Wyre, among others. The study unveiled significant variations in success rates across different regions, with Europe leading the pack with the highest success rates, while Africa and South America lagged behind with the lowest rates.

Other factors that affected transactions on crypto onramps include payment methods, the fiat used to to convert to crypto and available trading pairs. Bank transfers as a payment method were proven superior in transaction success rates, achieving close to 100% success in two instances.

Furthermore, the research highlighted the role of transaction value in the overall authorization rate. Smaller transactions, typically falling within the $0-$26 range, exhibited a commendable 66% authorization rate. In contrast, larger transactions, valued above $5,000, experienced a notably lower authorization rate of 19%.

Potential solutions for transaction authorization would be for token service providers to offer as wide a range as possible of aggregated onramps in a single interface. Another option is dynamically routing transactions to provide users with the best option for their situations.

More interesting content in our blog: https://ownrwallet.com/blog/

5 blockchain-based social media platforms

Learn about five innovative social media platforms built on blockchain technology that are reshaping online interactions.

These social media networks utilize blockchain technology to bring improved transparency, data ownership, and decentralized incentives to online interactions. By rewarding users for curating and creating content, these platforms foster a thriving ecosystem of content producers and revolutionize the conventional social media model.

Read more in our blog: https://ownrwallet.com/blog/5-blockchain-based-social-media-platforms/

Friday is the perfect time to talk about Tokenization of wine!

How they tokenize wine

🍷 The Australian brand Penfolds, through NFT, sells exclusive wine to customers from around the world, with no middlemen, no taxes and no shipping problems.

The algorithm is very simple:

- the company-owner of a vineyard plantation on a special platform registers a batch of product uniquely on the blockchain code;
- by programming the grown crop on the plot, with a particular grape variety;
- produces wine from the harvest of, for example, 2023, tying it to a unique token.
- the number of tokens to be released is determined by a simple formula - 1 milliliter of wine = 1 token.


Now every milliliter of wine is digitized in the blockchain, with a secure, secure code. And users get the opportunity to appreciate the taste for the issued tokens of the corresponding wine, or invest their savings in them.

The quality of the product is accurately determined:

- through likes and dislikes on the platform.
- the neural network publishes the opinion of experts;
- the wine is certified by experts of the Worldwide Sommelier Association.

Only after inspections does the product go to retail. Fast direct communication with customers gives manufacturers the opportunity to assess demand, to understand how much consumers like the product.

More interesting in our blog: https://ownrwallet.com/blog/

Cryptodictionary: JOMO

JOMO is that “I-was-right-about-the-market” joyful feeling after narrowly escaping a bad trade and potentially catastrophic losses.

JOMO is the opposite of FOMO (Fear Of Missing Out), which is the anxiety or fear that traders experience when they see others profiting from a particular trade or investment opportunity and feel compelled to participate, even if it might not be the best decision for them.

When traders exercise caution and avoid entering a trade that could have led to losses, they may experience a sense of joy and validation. JOMO acknowledges the importance of risk management and the ability to make rational decisions based on careful analysis and evaluation of market conditions. Overall, JOMO in crypto trading is about finding happiness and contentment in avoiding potential losses and being satisfied with the choices made in the market.

Find out what FOMO is and much more in our blog: https://ownrwallet.com/blog/