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How Facebook Metaverse will change the social Experience?

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How Facebook Metaverse will change the social Experience?

Facebook rebranded itself to Meta and set on a mission that has untold possibilities of possible – or maybe the word impossible won’t exist anymore.

Facebook takes the social experience to a whole new level by promising a virtual world of eutopia where you can have what you imagine. You can choose your avatar like Mark is doing in the image above, join meetings and parties, experience travel, and do whatever you can think of. There were days when text messaging was socializing, then we upgraded to images, and with the video calls, we thought we have reached the apex of socializing through the internet.

Facebook metaverse allows users to make their own world with whatever they want. They can be, in that world, whatever they wish to be. This also changes the way the Ads will be served.

Facebook has been in news lastly for collecting data, and with the launch of the metaverse, privacy will be the biggest challenge for people. Just say, for example, someone hacks into your account of the metaverse, it will not be only limited to seeing messages or posting spam, that person can literally do whatever you do in that world – just let that sink in.

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Bitcoin

Cryptocurrency Token vs Coin. What’s the difference?

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Cryptocurrency Token vs Coin. What’s the difference?

People often get confused by the terms cryptocurrency token and cryptocurrency coin. Let’s see what’s the difference between the two.

Cryptocurrency Coins:

Tokens are the digital assets issued by a particular project and can be used as a method of payment inside the ecosystem of that project. A token doesn’t have a blockchain of its own. Tokens have all the characteristics of a coin and additionally, they provide their owner a right to participate in the network of the project they belong to. The tokens are limited to time and place. For example, a cinema ticket is a real-life token with which you can watch a movie at a certain place and time but the same ticket can not be used to pay your bill at the hotel.

Cryptocurrency Tokens:

Cryptocurrency coins have a blockchain of their own and the main difference is they have value in and outside the project ecosystem. Like in the Binance Ecosystem, Binance coin has the blockchain called the Binance Smart Chain(BSC) so we called BNB a coin. On top of that, a BNB coin has value inside the Binance ecosystem as well as outside of it. Likewise, Ethereum uses the Ethereum blockchain (ERC).

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Bitcoin

HOW TO BUY BITCOIN FOR THE FIRST TIME (STEP-BY-STEP)

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HOW TO BUY BITCOIN FOR THE FIRST TIME (STEP-BY-STEP)

If you’ve never done it before, buying bitcoin can feel a lot like buying drugs. It usually goes down late at night when you’re bored. There’s always a friend of a friend involved who’s got the hookup. And even after you commit to it and cough up the money, you aren’t really sure about what you’re getting in return.

Your first experience with buying bitcoin doesn’t have to be a bad one. If you follow this guide step-by-step, you’ll learn how to buy bitcoin in no time.
View interactive via lucidchart

HOW TO BUY BITCOIN FOR THE FIRST TIME (STEP-BY-STEP)

Below is a list of recommended methods for buying bitcoin. Two things to remember as you’re going through this guide.

First, these methods are ordered from least fees to most fees but you can typically get your bitcoin faster by paying higher fees. For example, bank accounts ususally take several days to verify and often have zero fees, but a credit/debit card can be verified instantly or may not require verification and you can receive your bitcoin same day.

Second, this order represents my experience with buying bitcoin and might not be applicable to every person in every situation.Bank account or wire transfer (No fees)

Credit or debit card

Paypal

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Crypto Knowledge

Crypto Coven NFT and How to Mint a Witch

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Crypto Coven NFT and How to Mint a Witch

Before the dead were put to rest,
before the wizard kings were cast off thrones of pale bone…
before their unassailable walls crumbled to dust,
and wonder seeped from the cracks in our skin…
there were WITCHES who wove the threads of all things,
carefully adjusting each string to tune.

Minting a Witch

If you’ve never minted an NFT before, it can be a daunting process! We’ve put together a guide to help you navigate through the different steps you’ll need to follow.

Preparing a Wallet

To mint an NFT on the Ethereum blockchain, you’ll need both Ether (ETH) and a wallet that can hold your NFT.

The easiest way to do both at the same time is to download Rainbow, an iOS app that allows you to create a wallet and add up to $500 a week using Apple Pay. If that amount works for you, you can go straight to Minting.

However, if you need more than $500, follow these next steps.

Creating a Wallet

First, create an Ethereum wallet that you can use to conduct your transactions and hold your NFTs. A few options that we support are Metamask, WalletConnect (which works for Rainbow and many other wallets), and Coinbase Wallet (which is different from a Coinbase.com account).

Your Ethereum wallet will have a public address on the Ethereum network, which is where you can send and receive tokens like Ether and NFTs.

Buying Ether

The easiest way to buy Ether, the currency used on Ethereum, is to use a crypto exchange.

We recommend Coinbase for beginners. Note that this Coinbase.com account is different from a Coinbase Wallet account — it is an account for Coinbase’s exchange, which allows you to trade currencies like USD for cryptocurrencies like Ether.

1. Create an account and buy some Ether.

  • Make sure that you have more Ether than you need for the cost of the mint — each Ethereum transaction requires “gas,” the network fees that go into processing blockchain transactions. Gas fees vary by the type of transaction and depending on the level of activity in the Ethereum network, but minting an NFT can cost significantly more when there’s high traffic. For example, the witches cost 0.07 ETH each to mint, so you may want to have 0.1 ETH per witch on hand.

2. Once you’ve bought your Ether, transfer it by sending it to the address of the wallet you just created earlier. Now you’re ready to mint an NFT!

Minting

When you “mint” an NFT, you’re interacting with a smart contract on the blockchain and making a transaction to create a new token under that contract, one that you own. For Crypto Coven, you can either mint through our website (beginner-friendly) or directly through Etherscan (more advanced).

Website (Beginner-Friendly)

The easiest way to mint a witch will be through the Crypto Coven website, since we’ll handle a lot of the complexity for you.

1. You’ll need to connect your wallet to our website using the “Connect Wallet” button — a modal will open, and you’ll need to choose the wallet type you created earlier.

  • If you created a Rainbow wallet (or any other WalletConnect-enabled wallet), click the WalletConnect option. You’ll see a QR code you need to scan. In Rainbow, you’ll want to press the “Discover” button on the upper-right corner of the main screen, then the QR scanner icon on the upper-right corner of the next screen. Once you’re there, scan the code on your screen, and you should be connected to our website.

2.Once your wallet is connected, select the number of witches you’d like to mint, with a max of three. Then click “Mint,” and you should see an overview of the transaction you’re about to create in your wallet, with the option to confirm it.

3. In most cases, the transaction should take a minute or two and then complete. Hooray, you’ve just minted your first NFT!

Note: In some uncommon cases (i.e., the contract hits the total limit of witches to mint), there is a possibility that your transaction will fail, which means that you will lose some or even all of the gas you paid. The reason that this scenario can happen is that any transaction on Ethereum requires gas to execute — you always have to pay for the computations you’re enacting on the network. Here are some common reasons transactions can fail.

Etherscan (Advanced)

If you’d like to interact directly with the smart contract, you can mint witches on Etherscan. Etherscan only supports Metamask or WalletConnect, so Coinbase Wallet will not work for this method.

1. Go to our smart contract in Etherscan. It should have a green checkmark on the “Contract” tab to indicate that the source code is deployed and verified.

2. You can click on the “Read Contract” button to check if the sale is active.

  • If you’re participating in the public sale, make sure that isPublicSaleActive is set to true before you attempt to mint a witch — otherwise, your transaction will be reverted, and you may lose gas.
  • If you’re participating in the community sale, you will need to have already added your wallet address to the list in order to mint a witch. Make sure that isCommunitySaleActive is set to true before you attempt to mint a witch. Otherwise, your transaction will be reverted, and you may lose gas.

3. Now head over to the “Write Contract” view. Here, you’ll need to connect your wallet to Etherscan by clicking the “Connect to Web3” button. Once you’re connected, you can start creating transactions under the smart contract.

Now it’s time to do the minting!

1. If you’re participating in the public sale, head to the function that just says mint. The price per witch in the public sale is 0.07 ETH, so multiply that by the number of witches you want to mint (up to three). Enter that total in the payableAmount field, along with the number of witches you want in the numberOfTokens field.

2. If you’re participating in the community sale, you’ll need to go to the function named mintCommunitySale instead.

  • The community sale price per witch is 0.05 ETH. Multiply that by the number of witches you want to mint (up to three) and enter that total in the payableAmount field.
  • Enter the number of witches you want in the numberOfTokens field.
  • The last field you’ll need is your proof, which is how we verify that your address is on our list for this sale. You can retrieve your proof by requesting it in Discord. Copy the proof associated with your address and paste it into the merkleProof field in Etherscan. It should look like a list of hashes: [0xe970…52d9,0xe970…52d9,0xe970…52d9,0xe970…52d9]

In most cases, the transaction should take a minute or two and then complete. And… now you’ve got your witch.

Viewing Your Witch

You won’t be able to see your witch immediately after minting! We reveal witches twice a week, on Mondays and Fridays, so you’ll see a placeholder in your wallet until the next reveal. Once that’s happened, you should be able to view your witch in our witch viewer and, after a period of delay, in your wallet or marketplaces like OpenSea and Zora!

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*✧・* ☾ crypto coven ☽*・✧* (discord.com)

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