Top 4 Crypto Exchange Affiliate Programs of Early 2022

Every surge in attention to bitcoin ignites the launch of new crypto projects: exchanges, payment services, apps, and media. And, all these projects seem to now be launching an affiliate program.  However, not all programs are equally convenient. Some have ambiguous conditions, while others are quite modest when it comes to the payout.  In this post, well look into the key factors for a smooth affiliate experience and examine 5 of the top crypto affiliate programs of early 2022.Types of crypto affiliate programs  The specifics of a crypto affiliate program depend on the type of business that the company runs. Crypto exchanges incentivize trading, thus compensating affiliates for new active traders in the form of a paid commission. Wallets, apps and other solutions are on the hunt for new users, so they reward affiliates by CPL (Cost Per Lead) or CPS (Cost Per Sale) models.  Crypto exchange services that allow for instant swaps between cryptocurrency pairs or crypto and fiat, want to maximize the number of exchange transactions. Such programs have the most convenient conditions for affiliates.  Heres why:  Exchanging crypto is a service with a low entrance requirement. These services allow you to swap crypto in small amounts, starting from $20-30. This makes them appealing

2022-02-03Deep Dive

Disney’s New NFT Job Openings Hint At Future Metaverse Plans

The American titan of multinational entertainment Walt Disney Company is looking for NFT experts with a diverse set of skills, a few job openings indicate. The descriptions of the postings hint at the companys larger plans.Disney To Explode The NFT Space  The media conglomerate currently has four job openings in its careers website that require expertise in the non-fungible tokens ecosystem. Three job openings include “Knowledge of and passion for Digital and NFT categories” as a basic qualification.  It looks like they are looking for “music, entertainment, and technology industries” to intertwine. Sounds like the very beginning of the entertainment giants own metaverse.  Although there is no much information about it yet, lets break down what these job openings can tell us.Director, Sales & Digital Marketing  This job looks for an expert that can act as key point of contact for “all social media and emerging technology partnerships” and lead DMG efforts for emerging technologies, including “AR/VR, Filters, NFTs, Livestreams, and, more.”  This team is resposible for responsible for the “creative marketing and commerce efforts across key partners like YouTube, VEVO and Social Media.”Culture Trend Marketing Manager  This job opening is quite interesting because it expands to Disney‘s umbrella of affilates and subsidiaries. The post states

2022-02-03Deep Dive

More than 10% of global working-age internet users own crypto

DataReportal recently released its flagship global overview report–revealing that more than one in 10 working-age internet users owns some form of cryptocurrency.  The global digital insight provider analyzed major trends related to people‘s online behavior, and for the report’s crypto segment relied on GWIs data, which broke down crypto ownership rates per country and demographics.Thailand leads in crypto adoption  According to the crypto segment of the report, which relied on a GWI survey carried out in Q3 2021, the number of people who own crypto globally grew by more than a third (37.8%) in the year-to-year period.  GWI data revealed that more than 10% of working-age internet users now own some form of cryptocurrency, but by zooming in to individual countries, it becomes obvious that the asset class became especially popular across developing economies.  Percentage of internet users aged 16 to 64 who say they own some form of cryptocurrency–by country (DataReportal: Digital 2022)  Thailand is convincingly leading in the crypto adoption race–with more than two out of 10 adults in the country (20.1%) reportedly owning some form of cryptocurrency.  Following Thailand, Nigeria (19.4%), Philippines (19.4%), South Africa (19.4%), and Turkey (18.6%) surfaced as the top five countries with the highest rate of crypto adoption.  The report

2022-02-03Deep Dive

McDonald’s celebrate Chinese New Year in the metaverse

American fast-food giant, McDonalds is celebrating the Chinese Lunar New Year festival by creating a zodiac collection in the Metaverse.  According to available information, the fast-food company joined forces with Humberto Leon, the co-founder of a foremost fashion brand Opening Ceremony, to develop “a one-of-a-kind collection of zodiac animal designs.”McDonalds and Humberto Leon partners  The partnership between these two international brands is aimed at creating a virtual reality experience in honor of the festival, dubbed the Year of the Tiger.  The designs would be created by Humberto Leon, a Chinese-Peruvian American whose cross-cultural identity comes to the fore in the designs.  Customers would be able to access Leons design by visiting the life-like exhibit on virtual reality social platforms, AltspaceVR and Spatial, where they can also receive horoscopic readings of their year ahead based on their year of birth and their zodiac animal.  Speaking on this development, McDonald‘s Senior Director of Cultural Engagement, Elizabeth Campbell, says that there can’t be a better time for her company to enter the Metaverse than now. This, according to her, is because the Year of the Tiger is a representation of bravery, strength, and confidence.  In her words, “Were excited to reach our fans in a meaningful way that captures

2022-02-03Deep Dive

MicroStrategy buys the dip, adding 660 more BTC to its reserve

In its first major purchase of the year, MicroStrategy added 660 additional BTC to its reserves, which currently holds over 125,000 BTC.MicroStrategys doubles down on Bitcoin following conference announcement  According to the latest Form 8-K document filed with the SEC, MicroStrategy purchased 660 BTC between December 30th, 2021, and January 31st, 2022. The company paid $25 million for its latest purchase, at an average price of approximately $37,865 per Bitcoin.  MicroStrategy now holds 125,051 BTC, which it acquired at an aggregate purchase price of $3.78 billion an average purchase price of $30,200 per Bitcoin. With Bitcoin standing at around $38,500 at press time, this latest purchase means that MicroStrategy is still in profit, despite the recent market downturn.  The purchase marked the beginning of the Bitcoin for Corporations conference MicroStrategy announced last week. The virtual event will see the NASDAQ-listed company educate corporations and financial institutions on how to integrate cryptocurrencies into their operations.  The event, set to take place on February 1st and 2nd, will also explore the benefits of having Bitcoin on corporate balance sheets, its CEO Michael Saylor said on Sunday.  Aside from Saylor himself, other notable speakers at the conference will include Jack Dorsey, the co-founder of Twitter, Aubrey Strobel, the

2022-02-02Deep Dive

Another NFT marketplace launches ‘vampire attack’ against OpenSea

Mark Cuban-backed non-fungible token (NFT) marketplace Mintable launched a self-described vampire attack against top marketplace OpenSea by selling popular collectibles at a loss.Fast facts  Singapore-based Mintable conducted a fire sale of nine Mutant Ape Yacht Club NFTs by selling them 1 to 2 ETH below their floor price on Jan. 26, while another was bought for 18.7 ETH and sold for 18.05 ETH — a loss of US$1,587 at the time.  Mintable said in a statement shared with Forkast the platform intends to repeat such sales to chip away at OpenSea despite running at a loss on some individual sales.  A vampire attack is a strategy of offering rewards or incentives to users of a particular platform to lure them away to another platform.  OpenSea has been the target of recent vampire attacks including from newcomer marketplace LooksRare airdropping its native LOOKS tokens to OpenSea users that spent at least 3 ETH in the second half of 2021.   A similar airdropping tactic was used by competing marketplace Infinity last October.  Mintable‘s monthly sales volume of US$755,000 January is dwarfed by OpenSea’s over US$5 billion for the same month.

2022-02-02Deep Dive

India Adopts Crypto, Introduces ‘Crypto Tax’ At Union Budget 2022

India in its Union Budget 2022 has decided to introduce a ‘Crypto Tax’. Finance Minister Nirmala Sitharaman proposed a 30% tax on any income from the transfer of virtual digital assets. No Tax deductions or exemptions apart from the cost of acquisition shall be permitted, according to Sitharaman.  With this decision, a lot of ambiguity around cryptocurrency has been addressed, ensuring better clarity on how exactly cryptocurrency will be taxed in India.  Cryptocurrency in India had gained tremendous popularity in the past few years, with over 10 crore cryptocurrency investors. India currently happens to be one of the biggest markets for digital tokens.   India for a quite long time had been unclear about the taxation scheme for cryptocurrency. Investors now have a concrete taxation framework to refer to about these virtual asset investments.What Exactly Does This Proposed Crypto Tax Mean   “The proposed section 115BBH seeks to provide that where the total income of an assessee includes any income from transfer of any virtual digital asset, the income tax payable shall be the aggregate of the amount of income-tax calculated on income of transfer of any virtual digital asset at the rate of 30% and the amount of income-tax with which the assessee

2022-02-02Deep Dive

Is Bitcoin in for a short Squeeze? 4 bullish trends to look out for

Bitcoin is now into its 12th week of the prevailing drawdown since the all-time-high, and derivatives traders are betting on more downwards movements by the premiere cryptocurrency. Meanwhile, on-chain demand models suggest a more bullish undertone is in play, according to on-chain analysts Glassnode.  “As a percentage of the Bitcoin market cap, open interest in perpetual swaps is hovering around 1.3%, which is historically high, and often as precursor to a deleveraging event,” Glassnodes writes in this weeks newsletter.Short bias in perpetual swap markets  At the same time, funding rates have traded negative for much of January, Which may indicate a short bias in perpetual swap markets. A similar negative trend can be seen in options markets, with a multi-month high put/call ratio of 59%; an indication that traders have shifted towards buying downside insurance.  “With this observable shift from long into short bias across derivatives markets, the dominance of futures liquidations has started to creep towards the short side. With high negativity, elevated leverage, and an overall short bias, a reasonable argument could be made for a potential counter-trend short squeeze in the near-term,” the newsletter reads.  Looking at the demand side of the market, the number of non-zero Bitcoin wallet balances is

2022-02-02Deep Dive

How Blockchain Improves Flight Delay Insurance?

2022-02-01Deep Dive

Fossils vs. Renewables, PoW vs. PoS: Key policy issues around crypto mining in the U.S.

On Jan. 27, a group of eight U.S. lawmakers, led by Senator Elizabeth Warren, sent letters to the world‘s six largest Bitcoin mining companies, demanding to reveal the detailed data on their electricity consumption. This isn’t the first time Senator Warren requested this information from a mining operation — last month a similar letter was sent to Greenidge Generation, which uses a natural gas plant to power its facility.  These moves highlight the increasing regulatory pressure on crypto mining businesses in the United States. But, as last week‘s Congress hearing showed, the growing scrutiny might turn out to be an opportunity to align the mining sector’s development with the broader political push for clean energy. Here are some of the key themes around crypto mining that have captured the lawmakers attention and that will likely inform the intensifying policy conversation.Total energy consumption  A cornerstone of any environmental critique of Bitcoin and crypto in general, the question of how much energy cryptocurrency mining consumes was expectedly prominent at the hearing. In a 2018 paper published in the prestigious journal Nature, a group of researchers predicted that Bitcoin‘s growth could singlehandedly push global emissions above 2 degrees Celsius within less than three decades —

2022-01-31Deep Dive
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