
## Introduction

Meme coins have experienced a significant decline as a result of the prolonged bear market in the cryptocurrency market. Given that, it makes sense that meme coins rely significantly on hype. But if the history of meme coins is any indication, these cryptocurrencies also have the greatest chance of increasing in value during bull markets.

This post investigates the top meme currencies that will take off in 2023 based on this potential.

## DogeCoin

Although Dogecoin may have started out as a joke, it has grown to become a major player in the cryptocurrency world. Dogecoin is all about fun and community, as opposed to other coins that are more concerned with anonymity or transaction speed. Its slogan is “to the moon,” and its logo is a Shiba Inu puppy. Beyond its humorous tone, Dogecoin has some serious support. It offers reasonable transaction fees and quick transaction speeds, and it was one of the first coins to use SegWit technology.

One of the key elements in evaluating the success of any coin is the size and activity of the user community. In conclusion, Dogecoin may have begun as a meme, but it has since developed into a significant cryptocurrency player.

Elon Musk has been the most important element in Dogecoin’s rise in recent years, even though the community has played a significant role in that expansion. One of the most important people in the tech sector, Musk serves as the CEO of both Tesla and SpaceX.

His tweets regarding Dogecoin have boosted its popularity and price. Musk has also expanded the list of accepted currencies on the websites for his companies by including Dogecoin. Dogecoin has consequently grown to become one of the most well-known cryptocurrencies worldwide. Dogecoin is well on its way to becoming a widely used currency thanks to Musk’s support, if you want to [buy & sell dogecoin](https://cex.io/buy-dogecoin-doge) follow the provided link.

## Shiba Inu

At a time when the cryptocurrency market was expanding at an unheard-of rate, a new player appeared and immediately attracted traders and investors’ interest. The so-called “Dogecoin killer,” Shiba Inu, was introduced in August 2020 by an unidentified group of developers.

Shiba Inu’s mascot is modeled after the well-known Shiba Inu dog breed, which has come to represent the cryptocurrency community due to its frequent appearance in memes. There’s no disputing that the Shiba Inu project has sparked a lot of interest in the cryptocurrency world, even though it’s unclear whether it will be able to unseat Dogecoin as the king of meme coins.

Shiba Inu’s ability to live up to the anticipation will only be revealed with time.

Shiba Inu, despite the hype, remains one of the top meme coins to purchase in 2023 due to its strengthening foundations. The Shiba Inu Metaverse is one indicator of the expanding Shiba Inu foundations. Even while the Shiba Inu metaverse is still developing, it already boasts a number of well-liked elements.

They consist of an online store where users can purchase and sell goods, a social networking site where users can interact with one another, and a gaming website where users can play games. Ethereum is a cryptocurrency that is utilized in the Shiba Inu metaverse and can be used to pay for social networking services or to make purchases on the market. The debut of the Shiba Inu metaverse is a significant development for cryptocurrencies. In 2023, it might cause SHIB to become one of the top-performing cryptocurrencies.

## SafeMoon inu

With the help of the cryptocurrency SafeMoon Inu, a gaming community that is motivated by meme culture can be built. John Karony, who strongly believes that the power of memes and games may change the world for the better, established the initiative. SafeMoon Inu’s native cryptocurrency is a SMI token that utilizes the Binance Smart Chain (BSC).

The group is also creating a platform called SMI Play that will feature a variety of game genres, including sports, action, adventure, puzzle, and more. The USP of this platform is that, in contrast to existing platforms, game development on it would be simple.

Additionally, the platform would be completely connected with the SafeMoon Inu economy, increasing the SMI token’s utility and level of adoption. There are 1 trillion SMI tokens in circulation right now, and they are constantly being burned. As a result, the value of SafeMoon Inu is deflationary and will rise over time as demand rises.

One of the best undervalued meme currencies to purchase in 2023 is SafeMoon Inu because of its deflationary nature and the expanding community. An exponential rally has a good chance of happening.

## MonaCoin

MonaCoin is the next one on the list of undervalued meme coins to buy in 2023. Peer-to-peer ([P2P](https://www.investopedia.com/terms/p/peer-to-peer-lending.asp)) is how MonaCoin works, and the Lyra2RE algorithm powers it. This algorithm is significant because it protects MonaCoin from [ASIC mining](https://www.investopedia.com/terms/a/asic.asp%23:~:text=An%2520ASIC%2520miner%2520is%2520a,miner%2520can%2520mine%2520only%2520bitcoin.).

By enabling both GPU and CPU mining, MonaCoin is more democratic and accessible than other cryptocurrency ventures. MonaCoin also features a smaller block size than Bitcoin, which speeds up and lowers the cost of transactions. It is therefore perfect for everyday use, payments, and micropayments. With a strong community behind it, MonaCoin is positioned to dominate the cryptocurrency market.

The fact that MonaCoin is particularly well-liked in Japan, a significant market for cryptocurrencies, makes it a top meme currency to buy in 2023. The likelihood that MonaCoin is an undervalued cryptocurrency that might go parabolic in 2023 is high, given its popularity in such a significant market.

## Conclusion

Investing in meme coins can bring tremendous returns to traders if they invest in the tokens early in their life cycle. You can discover meme coins and other tokens on our “New” section at [Coinscope](https://www.coinscope.co/recent). However, like every crypto investment there are certain risks involved when buying a meme coin. Always DYOR and invest in tokens that are audited and KYC’d by a reputable firm like [Cyberscope](https://www.cyberscope.io/).

Meme coins have experienced a significant decline as a result of the prolonged bear market in the cryptocurrency market. Given that, it makes sense that meme coins rely significantly on hype. This post investigates the top meme currencies that will take off in 2023.

4 Best Meme Coins to Invest in 2023


## Introduction

The [Ethereum Merge](https://crypto-academy.org/ethereum-price-analysis-eth-rises-ethereum-merge/) is fast approaching. This is a significant event for the Ethereum network and one that has been a long time in the making. In the following article, we will analyze the main reason the merge has been set into motion and why that is important for the scalability of the [Ethereum](https://www.cyberscope.io/ethereum-contract-audit) blockchain.

## How Does Ethereum Work?

Before we are able to understand what is the merge, we need to understand how Ethereum currently works. Ethereum is a blockchain using the Proof-of-Work (PoW) consensus mechanism. That means that is basically based on the concept of mining.

**_Mining _** for cryptocurrency is a process where computers are used to solve complex mathematical problems in order to verify transactions on the blockchain. The Ethereum blockchain requires miners to verify transactions in order to earn a reward in the form of ETH.

While crypto mining can be a lucrative endeavor to earn crypto tokens, it does have a negative impact on the environment. The electricity required to run the mining rigs can be quite high, and this consumes a lot of energy. This energy typically comes from non-renewable sources, which means that mining can contribute to greenhouse gas emissions and climate change.

## Proof-of-Work vs Proof-of-Stake

There are two main types of consensus mechanisms used by cryptocurrencies to process transactions: **Proof-of-Work (PoW) **and **Proof-of-Stake (PoS)**. The two methods differ in how they determine who has the authority to record the next set of transactions, or “block,” on the network.

The **_Proof of Work (PoW)_** system -that Ethereum is currently using- involves computers solving cryptographic puzzles to earn the right to verify transactions on the blockchain. The goal is to use a long string of numbers and letters, called hashes, to fend off malicious attacks and verify that a transaction is valid. When someone puts data through a function on the network -which is the basis of transactions on the blockchain-, it can only generate one hash.

When a transaction occurs on the blockchain, the resulting hash is distributed across the entire network. This allows for trustless verification of the transaction, meaning that no third party is necessary to manage or verify it.

![](1.png)

**_Proof of stake (PoS)_** on the other hand, relies on validators who own the coins related to the blockchain. With proof of stake, a validator is chosen at random, based on how many coins they have locked up in the blockchain network- also known as staking. The coins act as collateral, and when a participant is chosen to validate a transaction, they receive a reward.

To ensure the security of transactions, Proof of Stake requires multiple validators to agree on the accuracy of a given transaction. Once enough nodes have verified the transaction, it is processed.

## What is the Ethereum Merge and why is it called merge?

The Merge is actually a proposed change from the current Proof-of-Work (POW) consensus algorithm to a new Proof-of-Stake (POS) algorithm. This would allow Ethereum to be more energy efficient and would allow for a wider range of users to participate in its network.

Ethereum has a PoS network called the Beacon Chain (first established in 2020), but it is not being used to process transactions yet. For the time being, it is simply a preparatory area for computers handling the Ethereum network in anticipation of the PoS upgrade. Ethereum’s complete switch to PoS necessitates merging the Beacon Chain with Ethereum’s PoW mainnet.

## The importance of the Merge

The main goal of the merge is to improve the [scalability](https://www.cyberscope.io/blog/what-are-layer-1-and-layer-2-in-blockchains) of the Ethereum network. The current one is not designed to handle a large number of transactions and, as a result, it has become congested and slow. The merge would address this issue by creating a second currency that would be used to power the Ethereum network. This would allow the network to handle a larger number of transactions faster and with lower energy costs.

When Proof-of-Stake is implemented, miners will no longer have to solve cryptographic puzzles to verify new blocks bringing a less costly, environment-friendly and secure procedure.

## Will the Merge lower the gas fees?

**_Gas fees_** are the cost of conducting a transaction on the blockchains. The ones in the Ethereum network were frequently increased during busy periods because of the higher demand for transactions to be processed.

![](2.png)

Since gas fees can reach a high amount of dollars during Ethereum’s busiest periods, it is understandable that gas fees are considered a major issue for users. This makes the network unviable for many people during these times.

However, the answer if the Ethereum users will meet lower gas fees is ‘No’. The merge will change the consensus algorithm of the network to Proof-of-Stake (POS) but it will not increase the size of the network capacity. In consequence, there will be no impact on the cost of the gas fees.

## Final Thoughts

It is the first time that two blockchain networks will join together to form one and the community is hyped to see the results. The Merge is expected to be completed on September 15th and it is an important event for Ethereum and a huge step forward for the cryptocurrency community as a whole.


The Ethereum Merge is fast approaching. This is a significant event for the Ethereum network and one that has been a long time in the making. In the following article, we will analyze the main reason the merge has been set into motion and why that is important for the scalability of the [Ethereum](https://www.cyberscope.io/ethereum-contract-audit) blockchain.

The Ethereum Merge: What You Need to Know


New applications, technologies and a significant push towards Web3-styled businesses have brought a new innovation to the market that promises to disrupt the fitness industry: Move2Earn. Sometimes called Burn2Earn, Move2Earn fuses biotechnology and the blockchain. One such application is STEPN, an application built on the Solana blockchain that allows users to earn rewards by walking or jogging.

## What is MoveToEarn?

Move2Earn incorporates Game-Fi and NFT aspects found in the Play2Earn model and rewards users for maintaining a healthier lifestyle. Participants earn rewards by maintaining a healthier lifestyle and using their natural movements to earn money. Wearable devices, step counters and GPS can be used to track habits and reward users with tokens.

STEPN is a Move2Earn sports app that includes blockchain token incentives. Users can earn tokens by walking, jogging or running. There’s also a fun gamification element - treasure boxes are dropped randomly during walking. Millions of people have already signed up and half a million are active users. The goal of STEPN is to encourage people to do more exercise, through real incentives.

To participate, users have to download the STEPN app and purchase an NFT representing a virtual pair of sneakers. The GPS tracking and motion sensor will monitor how far they’ve travelled and provide them with tokens as rewards that can be spent inside the game or cashed out. According to the founders, users can earn a minimum of $25 per 10 minutes of activity, with some users earning several thousand dollars a day. Most use their earnings to buy new “sneakers” in the game, trade with others or even donate their earnings to their favorite charity.

## Is Participating in MoveToEarn Worth It?

There is a slight catch to MoveToEarn. To participate in STEPN, you need to purchase NFT sneakers, priced in Sol. Sol varies in value, but even the cheapest sneakers will cost more than your average pair of Nikes. In May 2022, the cheapest pair cost $872.47.

STEPN hopes to combat this heavy barrier to entry by introducing a sneaker rental system whereby new players can rent sneakers from owners and split the revenue with them until they earn enough to buy their own. This will help STEPN break into new territories and access a broader demographic. STEPN’s token prices have increased rapidly since its launch, making it even more attractive as they continue to grow. STEPN has also announced an interesting collaboration with ASICS, which released branded sneakers on the app as a limited release.

While many crypto companies come and go, the premise of MoveToEarn is very enticing: users who already exercise are rewarded for activities they do anyway, and people who want to get healthier will be enticed to exercise through cash rewards. The app earns money through the minting and selling of sneaker NFTs and from refilling users’ virtual energy. Unlike play2earn protocols that only appeal to gamers, the addressable market of STEPN is much larger. Half a billion people use fitness track apps already, and billions of people walk or run for pleasure or fitness.

![](image1.jpeg)

That doesn’t mean there isn’t a downside. STEPN’s native GMT token is hard to value. But the developers can support or cool off prices through their actions, e.g. increasing the number of GMT needed to level up your sneakers, which boosts demand for GMT. (This has already happened, by the way!) GMT is burned when spent on level ups, decreasing the supply. After GMT decreased, developers pushed an update that substitute GST tokens for GMT as the token temporarily required to mint new NFTs. GST tokens are utility tokens used to buy goods in the app, they can be minted through basic movements and are available in an unlimited supply. These changes can contribute to price sustainability - a feature that contributes to the longevity of the app. The only downside to this is that if the NFT’s prices climb, fewer people will be able to afford the app. It will require delicate manipulation and evaluation to maintain the right balance needed over time.

## STEPN Cryptocurrency Document

![](image2.jpeg)

STEPN published its [whitepaper](https://whitepaper.stepn.com/) in 2021. In it, they state that they would like to “nudge millions towards a healthier lifestyle, combat climate change and connect the public to Web 3.0”. While the company (and even the concept!) is in its infancy, STEPN’s founders have strong entrepreneurial, crypto and gaming experience. The Beta version was launched at the Solana Ignition Hackaton in 2021 and finished in fourth place against hundreds of projects. Advancements and improvements have been made, showing that their team has the technical prowess required to succeed.

STEPN really does want to get the public moving. Even people who are not fit can gain an income through the “Move” feature - simply walking or strolling will earn rewards. The minimum requirement is a mere ten minutes of exercise per day. This makes it easy for anyone to participate.

The project is also committed to the environment. STEPN donates part of its profit to combat climate change and users will be able to donate their GST earnings to Carbon Credit Buying or Burning if they choose.

## Conclusion

STEPN is one of several exciting MoveToEarn projects on the market, and it's already a huge success. While STEPN is limited to a few markets, many will follow around the globe. The combination of gaming, exercising, socializing and incentivizing holds real promise, so keep an eye on early coin discovery sites like Coinscope to avoid missing out on the next big MoveToEarn project.


MoveToEarn Crypto games use incentives to get people moving. But will it last? We look at MoveToEarn and the rise of STEPN.

What is MoveToEarn and the Rise of the STEPN Cryptocurrency Document


Decentralized finance (also known as DeFi) is all the rage these days - and it's not a passing fad. In 2019, the DeFi industry was worth $700 million. By 2022, it passed the [$100-billion](https://finance.yahoo.com/news/defi-market-rise-47-growth-114400683.html#:~:text=The%20market%2C%20which%20had%20a,are%20AVAX%2C%20LUNA%20and%20WBTC.) mark. In this article, we'll look at what DeFi is and how investing in DeFi works.

## What is DeFi?

DeFi refers to peer-to-peer, digital financial services that enable crypto trading, lending, interest-bearing accounts, and other services and uses public blockchains like Ethereum. DeFi aspires to cut traditional banks and brokers from the finance world, enabling faster and cheaper everyday transactions without the restrictions associated with traditional financial institutions, like copious paperwork and limitations.

While the first major DeFi players entered the market in 2013, there has since been an explosion of centralized and decentralized financial protocols, and DeFi investing has never been more popular than in 2022. There are many DeFi investment opportunities, particularly for individuals that want a passive income through liquidity pools. Like the early days of the Internet, the hype can be overwhelming to navigate, so consider your strategy carefully.

## 5 DeFi Investment Strategies You Should Be Aware Of

There are several bubbles and lots of speculation about DeFi investing, but your strategy will depend on your appetite for risk.

![](1.jpg)

_Image: You can easily increase your crypto investment if you have a higher appetite for risk than average._

### HODLing

Cryptocurrency veterans are familiar with the term "HODL," which originated in a crypto forum when someone misspelled the word "hold ." HODLing is the easiest way to build your portfolio, ignoring the activity and the market to accumulate and hold crypto coins, no matter what. This strategy is easy enough for newcomers to follow but relies entirely on the value of your crypto holdings increasing over time. HODLing is always a long-term strategy, which is why you should evaluate the coins you invest (and the rewards for holding, if any, on offer) carefully. You can use sites like [Coinscope.co](https://www.coinscope.co/) to find out more about new coins, their functionality, and the technology behind them.

### Lending

DeFi makes it very easy to secure a loan against collateral without credit checks. Lenders can supply tokens in a liquidity pool to gain profits via interest. These loans are usually over-collateralized, which means that borrowers provide more crypto than the actual loan. These interest rates are much more favorable than in the traditional sector. US banks often charge interest of just 0.09% per year, but DeFi deposits can earn between 1-5% interest (and accrue interest every few seconds!). DeFi lenders benefit both the lenders and the borrowers. Long-term lenders can earn higher interest rates and make use of margin trading options, whereas borrowers can access fiat currency credit at much lower rates.

### DeFi Staking

Staking is a way of earning profits from your idle crypto assets based on the benefits given by the decentralized finance platform. The purest form of staking locks a set amount of an investor's crypto coins. This is done in order to become a validator in a Proof-of-Stake network. DeFi platforms offer staking rewards in the form of governance tokens, which can be kept (to access voting power) or traded. The longer you stake your DeFi assets, the more you earn. It's one of the lower-risk methods of investment.

### Yield Farming

Yield Farming is more complex and riskier, but it comes with much bigger returns.

Yield farmers make a living by providing liquidity to decentralized exchanges, which are used to execute orders created by token swappers that pay fees. Yield farmers can earn a portion of these fees based on their contribution. This is done automatically through automated market maker protocols. Some projects enable users to move funds between different lending and liquidity protocols to take advantage of the best interest rates. Essentially, yield farming involves moving multiple assets over DeFi staking platforms to maximize your profits. Users lend or borrow crypto and then earn crypto in return. There are more complex strategies of borrowing, lending, and staking that can increase your outputs, but they are riskier. For example, an investor could take out a loan and swap the funds for a token. The token can be put up as collateral for another loan, and the borrowed assets staked. This folds the investment several times over to maximize your staking rewards and interest.

![](2.jpg)
_Image: DeFi funds are as volatile as the crypto assets they represent; always do your due diligence_

### DeFi Funds

Funds and trust are the most passive and novice-friendly ways of investing in DeFi. Exchange-traded funds resemble traditional mutual funds that allow investors to invest directly in cryptocurrencies. In traditional finance, exchange-traded funds (EFTs) track the prices of different assets altogether. DeFi ETFs or indexes are the same but track digital assets. Some funds even offer a basket of cryptocurrencies to invest in (e.g., one that contains the top ten most popular crypto coins). These funds aren't entirely risk-free: they come with the same volatility and risk as to the crypto tokens they represent, so always research the coins carefully before taking an investment leap. You can usually choose the criteria for investment, e.g., size or volatility. Examples include the [DeFi Index Fund](https://www.etftrends.com/crypto-channel/bitwise-launches-worlds-first-decentralized-finance-crypto-index-fund-defi/) and the [Diversified DeFi fund](https://finance.yahoo.com/news/grayscale-launches-diversified-defi-fund-090017899.html) or the [MetaVerse Index](https://app.zerion.io/invest/asset/mvi-0x72e364f2abdc788b7e918bc238b21f109cd634d7?utm_medium=pr&utm_source=finimize&utm_campaign=investment_strategies&utm_content=external&utm_term=asset), which enables investment in non-fungible tokens.

## Conclusion

Choosing an investment strategy for decentralized finance doesn't have to be complicated, but like with any other investment, you need to consider your own appetite for risk, your experience with cryptocurrencies in general, and the volatility of the coins you are considering. Always do your research before choosing an investment opportunity. Use early discovery sites like Coinscope to sift through audit reports and find out more about the latest coins available for purchase.


Are you interested in investing in DeFi? Here are the top five strategies you should consider. 

Investing in DeFi: The Top 5 Strategies You Should Be Aware Of


Gaming is perhaps the most accessible (and enjoyable!) way to get started with cryptocurrency investing. Gaming Play2Earn coins are incredibly usable and growing in popularity. In this article, we’ll look at what Play2Earn tokens (also called P2E tokens or P2E coins) are and how to find the most profitable games you can play.

## What Are Play2Earn Coins?

Everyone, from retailers to bankers, wants to incorporate cryptocurrencies in their businesses, and the gaming industry is no different. Play2Earn refers to a concept of gaming in which the platform provides players with the ability to earn in-game assets that can be sold as valuable resources in the real world. These assets can range from coins to tokenized accessories on the blockchain.

![](image1.png)

_Image: The popular Axies game_

In a game like Pet Games, users acquire eggs with PETG tokens to start participating in the gaming ecosystem. Eggs hatch into pets that can be sold on the marketplace. In Axie Infinity, Axie resembles cute animals that are actually non-fungible tokens or NFTs. Players can acquire land and breed Axies using in-game tokens and then sell them for profit.

## How Can You Make Money from Play2Earn?

Play-to-earn games can vary in their approach. Gamers with some design skills can create in-game items that can be sold as NFTs via in-house trading platforms or marketplaces. Coins are earned in the game, exported to wallets, and converted to fiat currency elsewhere. Other games allow you to earn valuable resources and rewards by completing quests, which can be sold to other players. Games like Decentraland make money by selling virtual art and real estate, and digital landowners can earn an income by erecting casinos or hosting events.

## How to Find the Best Play2Earn Games

As with any crypto investment, some Play2Earn coins and tokens will be more valuable than others, and some games will be more enjoyable and profitable than the rest. If you want to go the Play2Earn route, you have to find a game that is enjoyable and worth the time and monetary investment you’ll have to make to get started. There are a few Play2Earn scams out there, so you should vet each company carefully before investing your hard-earned money in the platform.

![](image2.png)

_Image: Bit Brawlers, another popular PlayToEarn video game._

Here are a few tips to consider:

- **Do your research**. Has the game been [audited](https://www.coinscope.co/audit), and is there a published report you can review? These reports are usually the best to find out whether or not a gaming platform has been well-planned and has longevity.
- **Find the game early**. You can use an early discovery site like [Coinscope.co](https://www.coinscope.co/) to find upcoming Play2Earn game launches. These launches often come with perks and promotions, so it’s worth getting in early before the games really take off and become expensive. Choose the ones with a high return on investment.
- **Determine what you need to do to earn P2E tokens**. Do you need to farm every day, join a collective, or just buy and flip tokens on the marketplace? Each game will have its own mechanics to explore, and you need to know what you’re getting into.
- **Find and join the gaming community**. Communities often club together to increase their buying power or even to complete high-value quests. You can even gain early access to investment rounds through forums.
- **Determine how you’ll cash out your coins**. Many play-to-earn games are built on the bigger blockchains like Ethereum, but converting them to other coins might not be as easy as you think. If you exclusively earn NFTs, they can take a long time to sell, and in-game P2E coins can fluctuate in value every day. Find out what you’ll earn and how you’ll be able to spend your P2E tokens and coins in the real world.

## How Much Are Play2Earn Coins Worth (and How Much Can You Make)?

The entry cost of P2E games can vary dramatically. Most games require some sort of starter kit bought with crypto coins, but others require nothing more than a wallet. Of course, play-to-earn games come with no guarantees of return, so you should only invest what you can afford. Having said that, there are full-time P2E players that have turned their gaming hobbies into full-time careers. Games like Decentraland have enjoyed massive uptake, with pieces of [digital land costing as much as $3.5 million](https://beincrypto.com/the-cost-of-virtual-land-in-decentraland-just-blew-past-3-5-million/#:~:text=According%20to%20DappRadar%2C%20punters%20will,in%20the%20Decentraland%20blockchain%20game.&text=The%20most%20expensive%20site%20in,m%20in%20the%20MANA%20altcoin.). If you can get started early enough, you can earn a profit and have fun doing it.

## Why Do Play2Earn Games Matter?

### \* The Market Potential Is Huge

There are millions of gamers around the world, playing as individuals or in a social setting. According to ExtremeTech, there are [3.1 billion gamers](https://playtoday.co/blog/gaming-industry-statistics/#:~:text=Gamer%20stats%20reveal%20there%20are%20roughly%203.1%20billion%20gamers%20across%20the%20globe.&text=When%20looking%20at%20a%20more,668%20million%20gamers%20across%20Europe.) in the world as of January 2022, of which nearly half are based in Asia. While these gamers are spending hours in virtual worlds completing challenges or earning weapons and resources that have no real-world value, they can easily switch to the Play2Earn model and benefit financially. Many have already quit their day jobs in favor of [for-profit gaming](https://www.fxstreet.com/cryptocurrencies/news/blockchain-gamers-see-playing-nft-games-as-a-potential-full-time-job-says-new-survey-202203170827). Play2Earn offers everyone the opportunity to earn money by doing what they love - playing games.

### \* Play2Earn Develops the Gaming Community

P2E games usually have extremely active and social communities that work together to complete missions and share the financial rewards. The shared incentives are extremely helpful in building and promoting inclusive and positive communities in the gaming industry.

### \* Play2Earn Will Help Normalize Blockchain Technology

Blockchain technology is still in its nascent stage, whereas gaming is a well-established and accepted form of entertainment. Combining the gaming and crypto market fuels the adoption of cryptocurrencies and takes them to the mainstream consumer market.

## Conclusion

Play2Earn coins and tokens can be an excellent investment for any aspiring crypto investor. Keep an eye on early discovery sites like Coinscope to discover the next big thing, and you could soon earn a profit - and have a great time doing it.


Play2Earn coins and tokens can be an excellent investment for any aspiring crypto investor.

Play2Earn Tokens Explained: What You Need to Know and Why They Matter


Cryptocurrencies are growing in popularity and stature, becoming more mainstream by the day. Think of Dogecoin. The creators launched the so-called meme coin [as a joke](https://www.barrons.com/articles/dogecoin-started-as-a-joke-now-its-too-important-to-laugh-off-51620229273) in 2013, but it’s no laughing matter. Its earliest investors are multi-millionaires today.

If you want to get in on the action by creating your cryptocurrency, you may be surprised at how easy it is. Let’s dive into the basics.

## What Is the Difference Between a Coin and a Token?

Tokens and coins are both cryptocurrencies. Coins, like Doge and Bitcoin, operate on their own blockchain. The token resides on top of an existing blockchain infrastructure, like Ethereum or Solana.

A blockchain can be thought of as a record of transactions made on a network. Coins have their own independent transaction ledgers, but tokens rely on the network’s technology to verify and secure ownership. Coins are used to transfer monetary wealth; tokens are representative of smart contracts between users. Contracts can be almost anything - loyalty points, social media networks, event tickets or physical objects.

## How Are Coins and Tokens Sold?

Tokens are usually sold through an initial coin offering (ICO) in exchange for existing coins. You can buy tokens after the ICO by using an exchange. Anyone can create a token and run an ICO, but there are some compliance issues you should be aware of. Some legislation considers ICOs as securities, which means they are regulated by the SEC (Securities and Exchange Commission). They are working hard to stamp out fraudulent ICOs that take investors’ money without delivering on their promises. You should also know that not all tokens make it to an exchange, so proceed with caution.

## How to Make Your Own Cryptocurrency Coin: 3 Methods

![](image2.jpg)

There are several ways of making your own cryptocurrency coin or token, ranging from technical and complex builds to simple, outsourced methodologies. Let’s look at three ways to build your own cryptocurrency token or coin.

### Method 1. How to Make Your Own Crypto Coin Using Your Own Blockchain

If you have the right technical knowledge, you can build a blockchain or modify an existing blockchain at any time. It’s not as simple as it sounds. You do need serious coding skills, even with help from online tutorials. You can fork an existing blockchain by taking open-source code and making a few changes, but you will need to understand the code before attempting this.

### Method 2. How to Make Your Own Cryptocurrency Coin Using a Launchpad

Crypto launchpads are sometimes called IDO platforms. These platforms can be used to launch new tokens and access crowdfunding, which can result in instant profits for the earliest contributors. There are two popular launchpads that we can recommend, PinkSale and DxSale

### Make Your Own Crypto Coin on Pinksale

PinkSale is a crypto protocol that anyone can use to create their own token and initial token sale on PinkSale, with no code required.

1. You can visit the [homepage](https://www.pinksale.finance/#/) and click on Create and Token.
2. Select Standard Token from the token type section.
3. Complete the fields for your token name, symbol, decimals, etc.
4. Click on Create Token.
5. Confirm the transaction.

Congratulations, you have a token! This can be sold to the public or just to your friends and family for fun.

### Make Your Own Crypto Coin on Coinscope

The process is just as simple via Coinscope. Simply visit the [Coinscope create token page](https://www.coinscope.co/createtoken) and complete the form with your token name and code. Then, you can pick a decimal starting and the amount of coins you’d like to issue.

### Method 3. How to Make Your Own Crypto Token on an Existing Blockchain

If you don’t have the coding skills, you can build a token with a smart contract development and [audit firm like Coinscope](https://www.coinscope.co/blog/crypto-audit-firms). A smart contract is simply an agreement between two parties that will execute when the conditions are met. That way, you can leverage the skills of crypto experts to launch your coin or token. This is faster, simpler, safer and cheaper because it doesn’t require the time and effort of building or maintaining a forked blockchain. Instead, it relies on technology in use for Bitcoin or Ethereum.

Your audit firm will help you improve the level of trust with investors and help you prepare for possible regulation and legislative requirements. They will perform a combination of manual and automated checks to ensure that the source provided through smart contracts is up to scratch, and guide you towards rectifying any issues.

## Creating Value With Crypto

![](image3.jpg)

As you can see, creating a crypto coin is really easy. However, creating a token or coin doesn’t mean it has any value. You have to convince investors to support and buy the coin, which requires trust and transparency.

The best way to get support for your currency is through an audit and [visible audit report](https://www.coinscope.co/audit). This will show your potential investors that your coin was created in good faith and can garner real value over time.

A trusted Blockchain Protocol Audit Authority like Coinscope is the best way to give your community peace of mind. Coinscope works with leading launchpads like DxSale, PinkSale and Unicrypt to help new coin creators find their footing and establish trust from the start.

## Conclusion

Creating your own cryptocurrency is extremely easy. Launchpads can set up crypto coins and tokens in minutes at a low cost, but not all cryptocurrencies will succeed. The currencies that endure are the ones that establish trust and show investors that they are willing to go the extra mile.


You may be surprised at how easy it is to create your own coin. Filling a simple form, using a launchpad or creating your own blockchain, find all the possible ways.

How to Make Your Own Cryptocurrency Coin


2021 was a bumper year for crypto investors. Early investors of Shiba Inu and Dogecoin saw massive returns during the year, becoming millionaires off initial investments as low as a few hundred dollars.

## Best Ways of Finding New Cryptos

Everyone is keeping an eye out for the next big thing. If you can purchase a new coin when it's priced at a few cents and sell it when it reaches its maximum, you could make a fortune. [But where do you find those hidden gems?](https://www.coinscope.co/blog/how-to-find-new-cryptos-coming-out) Here are a few tips!

### Recommendations

We all know at least one "crypto guy" in our circle of friends or professional networks that can share their tips, but if you don't, you could join a few crypto fan groups on Telegram, Discord, or Reddit. Unfortunately, you never know if these recommendations are legitimate. Many coin launches seem legitimate but are thinly disguised rug pulls. A rug pull is a scam perpetrated on decentralized exchanges where developers abandon their projects and abscond with investors' funds. Never invest in a crypto project if they haven't been audited and vetted, with an available audit report for review. Anonymous teams and "blank egg" accounts on social media are usually a warning sign too.

### Googling

![](image1.jpg)

If you aren't sure where to go, you can Google to find crypto news or press releases. You can also subscribe to popular crypto newsletters that share information about new releases or smart contracts. Again, there is a lot of fake news out there. Some unscrupulous developers will create multiple websites to make themselves appear legitimate, so this takes a lot more research than you might think initially.

### YouTubers

Hundreds of popular vloggers and Tiktokers create tip videos about the latest crypto releases. It's best to take their advice with a pinch of salt and do your own digging before rushing to invest. After all, these content creators are incentivized to drive up views for their pages. They claim that everyone should rush to buy the "new XYZ token" because it will explode in value overnight and gain a lot of attention. If the developers are legitimate, these videos could drive up the value of those coins significantly by triggering a rush. Make sure the crypto project is legitimate, and you may make a decent profit.

### AMAs

Ask Me Anything evenings are a good way of finding new coins. During these sessions, developers will answer questions about their new coin projects or tokens online. Finding these isn't always easy, but keeping an eye on social media helps. Follow some of the top influencers in the crypto space - many successful crypto entrepreneurs and staff go on to create side projects and new tokens.

### Crypto Launchpads

Crypto launchpads like PinkSale or DxSale are extremely handy in many ways. They can raise liquidity or support through crowdfunding or launch new coins and crypto projects. When new projects want to develop a product or service, they will create a token to sell to early investors using the launchpad. Keeping an eye on these platforms will reveal new tokens as they crop up.

### Early Coin Discovery Sites

There aren't many sites dedicated to the early discovery of coins, but Coinscope can help. The site promotes new coins and can perform audits to ensure that they are legitimate. Coinscope also provides information that will help you evaluate the coin's growth potential, including unbiased reports that the entire community can review. Coinscope comes with pricing charts, change indicators, market caps, coin burning and supply stats, and more.

## Benefits of Finding New Cryptos Early

So, why go through all this trouble? There are several benefits of finding coins early (and often). Let's look at a few!

### Access the Best Returns

Bitcoin had no value when it launched. It sold for a fraction of a penny. Today, a single BTC will cost tens of thousands of dollars, representing millions of percentage points in gains. Stocks purchased on the stock market will only deliver an average of 8% returns. The crypto market is volatile, and coins can skyrocket in a few days. It's best to get in early and sell when the value is good.

### Free Coins

![](image3.jpg)

Some crypto projects reward their earliest investors with coin drops and free crypto to incentivize them to keep using the platform or hold their currency. You're far more likely to enjoy these benefits if you get in early.

### Become a Decision-Maker

Some crypto platforms are entirely democratized, and the community can participate in its governance. The more coins you hold, the bigger say you will have over the crypto platform. The best way to accumulate the lion's share is to purchase your coins early when the value is low.

### Catch Coins Before They Inflate

Most investors are familiar with the Coinbase effect. Coins listed on large exchanges, including Binance, Kraken, and Coinbase, tend to rise in price dramatically. Some don't grow beyond the initial surge; others go to great heights. If you don't have much to invest, you need to get ahead of the curve and buy early to (hopefully) make a profit.

## Conclusion

The only way to maximize your crypto investment is to jump early and sell at the right time. Finding crypto coins early will help you realize better profits and have more control over your investment. If you want to be one of the first to discover new coins and tokens, keep an eye on Coinscope. New coins are loaded all the time, along with the information you will need to make a decision.


There are many ways to dive in, from a simple google search to a sophisticated crypto launchpad. This article describes several alternatives where you can find new cryptos launching.

Where to Find New Cryptos Launching


The days where you could pick Bitcoin for a fraction of a cent are long gone. Popular coins like BTC and Ether are selling for thousands if not tens of thousands of dollars. There are several promising new coins on the market to choose from at low prices, but the market is volatile, and many of them will fizzle out before offering any real returns.

If you want to get started with crypto investment or expand your existing portfolio but don’t want to spend thousands on coins, you could try to pick them up for free. That’s right - it’s possible to pick up cryptocurrencies without spending cold, hard cash! In this article, we’ll teach you how to do it.

## 1. Earn Free Cryptocurrency on Free Crypto Platforms

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A few platforms give users free crypto coins in exchange for simple tasks, usually completing surveys. Freecash.com is one of the most popular ones. You can earn crypto coins by performing different surveys and get paid in crypto coins and cash. Some of the highest earners get $1000’s worth of crypto in a month, but most users only earn around $50. If you are willing to spend some time completing surveys, this can build up your portfolio.
​

## 2. Sign-On Bonuses

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Some crypto exchanges and wallets offer referral and sign-up bonuses. eToro offers $10 to new investors when they deposit and trade $100, while the [ZenGo wallet](https://zengo.com/referral-program/#:~:text=As%20a%20referrer%2C%20you'll,account%20with%20your%20referral%20code.) offers commission if a referral you make signs up and starts using the platform. Coinbase also offers $30 bonuses for participants using its Learn program or other initiatives. You need to watch a video, complete a quiz and answer the questions correctly to qualify. You’ll also need to provide biometric information and other forms of identification. You can also earn referral bonuses.
​

## 3. Earn Free Tokens with Crypto credit cards

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Crypto credit cards are becoming commonplace in Asia. These cards work in a similar way to regular rewards cards. Instead of cashback bonuses, you can earn crypto coins back on every purchase. There are several options to choose from, including Swipe Pay, BlockFi, Gemini, and more. You can earn a percentage of your spending back with varying rewards rates. Some of these cards let you choose the coins you receive back, others limit you to specific native or altcoins.
​

Of course, like with any card, the rewards are really only worth your while if you plan on paying your balance regularly so that you incur too much interest.

## 4. Earning interest on Your Investment

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![](image1.jpg)
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Some crypto exchanges and wallets will let you earn interest on your holdings. The APY can vary from 1% to as high as 7.5%. Of course, you have to proceed with caution. Some of these interest-earning schemes are actually lending programs that can add risk to the investment. Always read the terms and conditions carefully before signing away your coins.
​

## 5. Staking

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You earn a few extra coins by staking. Some wallets and exchanges offer staking rewards. All you need to do is leave your crypto in your wallet to earn extra coins. Many platforms offer this option because it assists with maintenance. Again, only certain coins can be staked, and you need a sizable amount of coins, to begin with. This might not be the best strategy for beginners, but staking can pay off if you are a seasoned investor with several thousand dollars worth of crypto in your wallet. You’ll have to shop around for the best rewards. Some exchanges have long staking lists as well.
​

## 6. AMA Evenings

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Have you ever attended a time-sharing presentation where a sales guy delivers a pitch in exchange for possibly winning a prize? Ask-Me-Anything (AMA) evenings are based on the same principles, but they are usually far more engaging and won’t cost you anything. Several crypto companies host regular Ask-Me-Anything events to share updates about their philosophy, tokens, or blockchain. It’s usually held online, and attendees are rewarded with crypto coins after completing a short survey to prove that they really tuned in. This is a small-time investment, but the rewards are good, and you might learn something about a new coin that you didn’t know before!
​

## 7. Airdrops

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[Airdrops](https://www.coinscope.co/blog/crypto-airdrops-how-to-earn-tokens-without-risking-any-money) is one of the easiest and most beneficial ways to earn crypto coins quickly. Airdrops are essentially coin giveaways. They are often conditional in nature. You can participate in an airdrop by posting about the crypto platform on your social media pages, writing blogs, or being a loyal user of the blockchain or its apps. Some companies (like Uniswap) perform airdrops instead of an initial coin offering (ICO) to help their currency gain momentum. Unfortunately, there is some risk involved, so make sure to do your research. Airdrop scams are fairly commonplace, especially on social media, and many of them don’t hold any real value. Coinscope, an audit and coin discovery site, regularly announces upcoming airdrops from legitimate crypto investors. The coins are usually sent straight to your digital wallet address, but you’ll have to be quick - once news of an airdrop breaks, there’s usually a rush.
​

## 8. Browsing the Internet

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![](image3.jpg)
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Imagine being rewarded for surfing the net? Some web browsers (like Brave) reward users with crypto coins for simply browsing the web! These coins are usually native tokens developed by the browser software company, and some are really gaining traction. It may sound time-consuming, but you can earn a decent amount of cryptocurrency by simply watching videos and movies on YouTube and checking in on the news. Coins are usually paid into a wallet monthly.
​

## In Closing

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There are many great ways to earn crypto without spending a cent, but that doesn’t mean it won’t cost you anything. You have to be willing to spend the time and effort it takes to make the most out of these opportunities. Most importantly, don’t let the prospect of a freebie lead to taking risks with your money or private information. Use legitimate crypto discovery platforms to find airdrops and [vetted, audited crypto platforms](https://www.coinscope.co/blog/crypto-audit-firms) you can count on.


it’s possible to pick up cryptocurrencies without spending cold, hard cash! In this article, we’ll teach you how to do it.

The Top Eight Ways To Earn Free Crypto


​
You may think that the only way of earning money with crypto is to get in early and sell big when the prices go up. It’s a solid strategy, but not the only one worth pursuing. There are several ways you can earn income in the crypto world. Let’s look at a few!
​

## Mining

Mining is an excellent way of making a passive income with crypto coins. Mining uses computational power to solve problems and verify transactions. A crypto miner has to show that they’ve solved the problem, known as “proof of work”, and receive coins in exchange. This used to be an easy way of earning coins, but mining has become expensive and competitive. The more power collectively working on mining for coins, the greater the difficulty. This increase is deliberate to keep production levels stable. With large mining farms using huge amounts of electricity, it’s become challenging for individuals to compete. However, it can be really profitable if you have an ASICS rig and the right tools in place, particularly in colder climates where machines are less likely to overheat.
​
There’s another alternative to traditional mining, through the cloud. This does not require a hardware mining rig. Miners can rent hashing power from another operation for a fee. The contract owner receives the coins according to the size of their contract. Unfortunately, there are a lot of cloud mining scams doing the rounds, so it’s a risky avenue to pursue.
​

## Staking Tokens

​
If you don’t want to invest in the equipment (and utility) cost of mining, you can try staking your cryptocurrencies. Staking is a means of using your crypto holdings to earn additional rewards, similar to earning interests or dividends on investments or stocks. If you have coins on a blockchain that operate on a proof-of-stake basis (like Ethereum 2.0), you can lend your coins to the network to validate transactions. The network will then reward you with extra coins for your efforts. The more you stake, the more you get paid. Users usually pool their resources to earn more. You’ll usually need a minimum investment to start a staking pool.
​

## Airdrops

​
You can also earn free crypto coins through [airdrops](https://www.coinscope.co/blog/crypto-airdrops-how-to-earn-tokens-without-risking-any-money)! Airdrops are a simple way to get started with crypto investing. Think of airdrops like samples given away at supermarkets or free products sent to influencers in exchange for coverage. Many crypto companies give away their coins to their blockchain users or social media fans to encourage them to use their platform. It’s literally free money, so you can see the appeal, but there are some risks you should be aware of. Scammers often fake airdrops to steal user information.
​
The best way to safely take advantage of airdrops is to use a new coin discovery and auditing platform like [Coinscope](https://www.coinscope.co/airdrop). The community can view all of the upcoming airdrops that will be held by audited crypto firms, as well as past airdrops.
​

## Lending Cryptocurrency

​![](1.jpg)
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Lending cryptocurrency isn’t quite the same as staking, although the concepts are similar. You can earn money by lending coins to others on dedicated decentralized finance platforms. You can loan out coins or fiat money at specific interest rates and then collect the interest over time. The loans are secured by the borrower’s crypto assets. There are different types of lending:
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- Decentralized or DeFi lending, which lends money directly through the blockchain and smart contracts without intermediaries.
- Margin lending lets users trade through crypto exchanges.
- Centralized lending is controlled through a third party where users deposit their crypto before earning interest.
- Peer-to-peer lending lets users lend each other money by depositing cryptocurrency into the lending platform’s wallet. With this method, you can set your own terms and interest rate.
  ​

## Yield Farming

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Are you interested in investing in some of the exciting passive income cryptocurrencies ventures you’ve spotted online? Yield farming is all about writing smart contracts which put your coins at the disposal of a startup so that they can have more liquidity. You’ll earn APY (Annual Percentage Yields) interest on your crypto holdings and help out with a project that you are passionate about. Yield farming is one of the most lucrative ways of earning money from cryptocurrencies, but it is very complicated, and you will need to do a lot of research before venturing into this option.
​

## Earn Transaction Fees

​![](2.jpg)
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Your blockchain has two layers, the app layer and the implementation layer. Developers build apps known as Dapps on the first layer, but the second layer has the ability to process transactions. You can invest in this layer through lightning nodes. Be warned: it’s slow going, and it takes time to earn returns this way, but as usage increases, so do your profits.
Tokenized Stock
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Tokenized stocks are cryptocurrencies backed by equity shares. These tokens offer payouts similar to dividends. Businesses use tokenization to raise capital, and the investor earns a payout. These tokenized stocks are few and far between, but you can find them on licensed exchanges. Unlike buying shares, you don’t actually have ownership in the business but purely a derivative thereof that sees you earning a payout based on its performance.
​

## Conclusion

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There are many ways of earning a passive income crypto after investing in crypto coins. Like everything else in the crypto world, these investments may be subject to volatility, and there is always the possibility of falling victim to a scam. But if you play your cards right, you can earn a steady income with minimal risk, even without technical skills. Keeping an eye on sites like [Coinscope](https://www.coinscope.co/) will give you access to reputable investments and trustworthy airdrops.


You may think that the only way of earning money with crypto is to get in early and sell big when the prices go up. It’s a solid strategy, but not the only one worth pursuing.

General