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Lista (LISTA) Megadrop Is Now Open: Participate with BNB Locked Products or Web3 Quests! | IDOs News

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According to a recent announcement on Binance’s official website, the cryptocurrency exchange platform has launched the Lista (LISTA) Megadrop, marking the second project on Binance Megadrop. This initiative allows users to participate by subscribing to BNB Locked Products or completing Web3 Quests. The Megadrop period starts from 2024-05-30 00:00:00 (UTC) and runs until 2024-06-19 23:59:59 (UTC).

Lista Megadrop Period

The Lista Megadrop period is set between:

  • 2024-05-30 00:00:00 (UTC) to 2024-06-19 23:59:59 (UTC)
  • 2024-06-20 06:00:00 (UTC)

Lista Megadrop Details

  • Token Name: Lista (LISTA)
  • Max Token Supply: 1,000,000,000 LISTA
  • Megadrop Token Rewards: 100,000,000 LISTA (10% of max. token supply)
  • Initial Circulating Supply: 230,000,000 LISTA (23% of max. token supply)

User Eligibility: KYC required in eligible jurisdictions. Hard Cap per User: 800,000 LISTA.

Rewards Calculation: Total Score = (Locked BNB Score * Web3 Quest Multiplier) + Web3 Quest Bonus.

Locked BNB Score (based on hourly snapshots during the BNB Locked Products Snapshot Period) = (Average 120-day BNB Locked Amount * 130) + (Average 90-day BNB Locked Amount * 120) + (Average 60-day BNB Locked Amount * 110) + (Average 30-day BNB Locked Amount * 100).

Web3 Quest Multiplier: 1.5

Web3 Quest Bonus: 1,000

How to Get Started With Binance Megadrop

External wallets imported to Binance Web3 Wallet will not count. Only Multi-Party Computation (MPC) wallets that are created in Binance Web3 Wallet may participate in Megadrop events.

About BNB Locked Products:

  • For the calculations of Locked BNB Score, the “30 Days” multiplier will apply to all BNB Locked Products subscriptions with a duration of less than 30 days (e.g., 15 days).
  • Users will receive different scores for each active subscription based on the subscription period. The longer the duration, the higher the Locked BNB Score.
  • Refer to the BNB Locked Products page for the latest APRs and maximum subscription limits.
  • Users may receive both Megadrop and Launchpool rewards at the same time (where applicable). There is no need to redeem BNB Locked Products positions to participate in Launchpools.
  • BNB Vault assets will not count toward the Megadrop score calculation.

Lista (LISTA) Project Links

For further information, users can refer to the research report on Lista (LISTA) available on Binance’s official website.

Terms & Conditions

  • Only users who complete identity verification in eligible jurisdictions may participate in the Lista (LISTA) Megadrop.
  • During the BNB Locked Products Snapshot Period, snapshots of users’ BNB Locked Products subscription amounts will be taken multiple times at any point of time each hour to get users’ hourly average subscriptions and calculate users’ Locked BNB Score. Locked BNB Score will be updated on a daily basis.
  • Each sub-account will not be viewed as an independent account when participating in this Megadrop. Sub-accounts’ subscription amount will be combined with the master account’s standard subscription amount.
  • Please note that some features of Megadrop may not be available in every country due to regional restrictions. This includes, but is not limited to, Web3 Wallet access or participation in Simple Earn. Therefore it is possible that only some features of the Megadrop platform may be available in users’ regions, and users may have partial access to the Megadrop platform.

Currently, users residing in the following countries or regions will not be able to participate in Megadrop by subscribing to BNB Locked Products or completing Web3 Quests:

  • For Simple Earn BNB Locked Products participants: Australia, Canada, Cuba, Crimea Region, Hong Kong, Iran, Japan, Lithuania, New Zealand, Netherlands, North Korea, Russia, Singapore, Syria, United Kingdom, United States of America and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, the U.S. Virgin Islands), and any non-government controlled areas of Ukraine.
  • For Web3 Quests participants: Australia, Brazil, Canada, Cuba, Crimea Region, Cyprus, Iran, Japan, New Zealand, Netherlands, North Korea, Russia, Singapore, Syria, United States of America and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, the U.S. Virgin Islands), and any non-government controlled areas of Ukraine.

Please note that the list of excluded countries provided here is not exhaustive and may be subject to changes due to evolving local rules, regulations, or other considerations. This list may be updated periodically to accommodate changes in legal, regulatory, or other factors.

Binance reserves the right to take any action if participants are found to commit the below behaviors, including but not limited to, wash trading, bulk account registration, self-dealing, etc.

There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.

Thank you for your support!

Binance Team

2024-05-28

Trade on-the-go with Binance’s crypto trading app (iOS/Android)

Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.

Disclaimer: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Binance reserves the right to choose markets and jurisdictions to conduct Megadrop and may restrict or refuse the participation of Megadrop in certain regions at our sole discretion. Binance does not guarantee that you will receive any specific reward, or any return over time. Your eligibility to receive tokens or participate in the Megadrop is subject to our sole discretion. Not financial advice. For more information, see our Terms of Use and Risk Warning. You may be subject to the terms of Simple Earn and Binance Web3 Wallet.

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TinyTap and Open Campus to Host EDU Denver, a Fusion Event for Education and Web3 Leaders | IDOs News

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Education innovators TinyTap and Open Campus have announced their inaugural event, “EDU Denver,” set to take place on June 24, 2024, from 19:00 to 23:00 MST in Denver, Colorado. This free event aims to bring together leaders in education and Web3 to explore the expansion of a decentralized education ecosystem, according to Animoca Brands.

Event Highlights

EDU Denver promises an evening filled with inspiring talks, hands-on demonstrations, networking opportunities, and entertainment. The event coincides with the prestigious International Society for Technology in Education (ISTE) conference, offering attendees a unique opportunity to blend the latest advancements in classroom and at-home learning with Web3 innovations.

Notable speakers at the event include Yogev Shelly, Vriti Saraf, Amanda Slavin, and Taylor Kendal. The event is sponsored by Ed3DAO, LearningFREQUENCY, Learning Economy Foundation, and CodeMonkey. Drinks and refreshments will be provided, and attendance is free, though prior registration is required.

About the Organizers

TinyTap, a subsidiary of Animoca Brands, is one of the most downloaded kids’ apps globally, featuring over 250,000 interactive lessons created by educators worldwide. Open Campus, a decentralized education protocol, aims to address challenges in the education sector by building robust decentralized infrastructure, including the first layer 3 blockchain built for education – EDU Chain.

Open Campus has already attracted over 100,000 learners and includes more than 80 prestigious educational companies in its alliance, such as BitDegree, CoderSchool, Weeve, and GEMS Education. EDU Denver marks the first in a series of events aimed at expanding this alliance.

Event Details

  • Date: June 24, 2024
  • Time: 19:00 to 23:00 MST (GMT-6)
  • Location: Denver, Colorado
  • Entrance Fee: Free (registration mandatory)

Elie Wiesel, a community contributor to Open Campus, expressed excitement about the event, noting the potential of Web3 to lower barriers in education and make knowledge sharing more collaborative. Yogev Shelly, CEO and Founder of TinyTap, highlighted the effort invested in supporting Open Campus’s vision of a more open and fair education system.

About Open Campus

Open Campus is a community-led protocol designed for educators, content creators, parents, and students. It aims to put learning decisions back into the hands of educators and students, fostering a collaborative environment and opening new revenue streams for effective educators worldwide. More information can be found on their website.

About TinyTap

Founded in 2012, TinyTap, a subsidiary of Animoca Brands, is the world’s largest library of educational games, featuring over 250,000 activities created by educators and publishers. The platform serves more than 11 million registered family members and is among the top 10 grossing kids’ apps worldwide. Further details are available on their website.

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ETF Outflows and Market Pressures: Is a Bottom for Bitcoin (BTC) Near? | IDOs News

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The cryptocurrency market is currently experiencing a state of uncertainty, with Bitcoin (BTC) nearing higher timeframe range lows on daily, weekly, and monthly charts. Additionally, there is a downtrend in lower timeframe charts, ranging from one-minute to 15-minute intervals, according to Bitfinex Alpha.

Market Pressures and ETF Outflows

One of the significant factors contributing to this uncertainty is the substantial supply overhang in the market. This was highlighted by the recent sale of seized BTC by the German government, which has added additional pressure. Other notable sources of overhang include Mt. Gox creditors and Bitcoin miners.

Furthermore, US spot Bitcoin ETFs have been contributing to negative sentiment. Last week alone saw outflows totaling $544.1 million. However, these outflows were primarily linked to basis/funding arbitrage unwinding rather than genuine sentiment towards BTC. Historically, large sell-offs in ETFs often coincide with local bottoms in Bitcoin prices, as noted in previous editions of Bitfinex Alpha.

Volatility and Market Capitalization

The total cryptocurrency market capitalization has also seen a decline. A pattern has emerged where Thursdays and Fridays have become high-volatility days. Last week, the peak-to-trough decline during these days was approximately five percent, which is significant for Bitcoin. Historically, such movements often signal at least a local low, presenting potential buying opportunities for traders.

However, the market remains in a wait-and-watch mode. Near-term scenarios could either see continued pressure from BTC overhang sales or a positive shift in sentiment, possibly sparked by Ethereum ETF approvals, which could renew interest in altcoins.

Macroeconomic Indicators

On the macroeconomic front, the US economy is showing signs of cooling, as reflected in several key economic indicators. The latest Leading Economic Index report indicated declining consumer optimism due to persistent inflation and high interest rates, predicting a slowdown in the third and fourth quarters of 2024. Despite this, the job market is showing signs of stability, with initial jobless claims experiencing a modest decline last week.

Significant strain is also evident in the housing market, with housing starts in May plummeting to their lowest level since June 2020. Despite these challenges, retail sales showed modest but positive growth, suggesting resilience among consumers, although the growth is slower than expected.

The industrial sector remains a bright spot, continuing to grow and potentially stabilizing the overall economy. If the trends of cooling economic growth and inflation persist, the Federal Reserve may consider a rate cut in September.

Future Outlook

Markets are becoming increasingly optimistic about inflation. The Fed’s five-year forward, five-year break-even rate is comfortably at 2.19%, close to the Fed’s two percent target. With jobless claims inching upwards, housing starts slowing, and retail sales growing less quickly, a reduction in interest rates could provide a welcome stimulus for the economy.

In recent crypto news, the German government’s sale of over $195 million worth of Bitcoin contributed to last Friday’s decline in BTC. Leading ETF providers, such as BlackRock, VanEck, and Franklin Templeton, are preparing to launch Ethereum ETFs, which could impact market sentiment positively.

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Google Unveils New AI Tools for Workspace for Education | IDOs News

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Google has announced the release of new AI tools for its Google Workspace for Education, including the introduction of Gemini, aimed at enhancing learning experiences for teen students. This move is part of Google’s broader commitment to making AI helpful in educational settings and beyond, according to blog.google.

Helping Teen Students Learn Responsibly with Gemini

Google’s new AI tool, Gemini, is designed to prepare teens with the skills and tools necessary to thrive in a future where generative AI (GenAI) plays a significant role. Gemini offers guided support, in-the-moment assistance, practice materials, and real-time feedback, aiming to build students’ confidence and creativity.

Last year, Google introduced a responsible Gemini experience for teens using their personal Google Accounts. This initiative was developed in consultation with child safety and development experts to ensure safety and reliability. Building on this foundation, Google has continued to partner with learning science experts and youth advisory panels to enhance the tool’s safety and effectiveness.

Enhanced Safety Measures and Data Protection

Google has committed to extra data protection for all education users, ensuring that data from chats will not be used to improve AI models. This initiative is part of Google’s effort to bring AI technology to students responsibly.

In the coming months, Gemini will be made available to teen students who meet Google’s minimum age requirements while using their Google Workspace for Education accounts. This service will be free of charge for all educational institutions in over 100 countries. To maintain control, Gemini will be off by default for teens until school administrators choose to activate it through the Admin console.

Features for a Safe and Effective Learning Experience

Google has implemented several features to ensure a responsible and useful experience for younger students:

  • Gemini is tuned to identify and prevent the display of inappropriate content, such as illegal or age-restricted substances.
  • The tool includes a double-check response feature, which cross-references content across the web to substantiate its responses, promoting information literacy and critical thinking skills.
  • An AI Literacy video endorsed by ConnectSafely and FOSI is included in the teen-friendly onboarding process, offering tips on responsible AI usage.
  • The Learning Coach, a custom version of Gemini powered by LearnLM, will provide step-by-step study guidance and practice activities like quizzes and games.
  • Extensions from OpenStax and Data Commons will offer information from trusted sources to aid student learning.

These initiatives reflect Google’s ongoing commitment to integrating AI in education responsibly, equipping students with the tools and knowledge necessary for an AI-driven future.

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