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What Is 3DT And Why Are Crypto Investors Interested In It?

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3DT

3D-Token (3DT) is a unique project that combines the use of blockchain technology, 3D printing, and just-in-time manufacturing (JIT), a methodology that streamlines the production process.

3DT is backed by a real business that has been live since 2009. Politronica Srl, through its research division, decided that it was opportune to enter the 3D digital just-in-time manufacturing space. The Italian company, which started at the University “Politecnico di Torino,” has managed to register three patents and obtain four international R&D awards. Politronica redirected its business after being acquired by London-based Etroninvest Limited back in 2017. Now the company operates a network of about 100 3D printers and plans to reach 3,000 units by 2019, with a production capacity of up to 300 tons of processed bioplastics. By that time, Politronica hopes to grow to 1,000 network members and reach 22 million hours of “Network Robots’ Workforce” per year.

The 3D-Token (3DT) project has been created to be an integral part of the blockchain-based network that would comprise thousands of 3D printers. The blockchain technology combined with the JIT methodology will cut production costs for small and medium-sized businesses and will support JIT-oriented projects.

Also, the 3DT project is the core of a new marketplace where clients can exchange their 3DT tokens for digital models to be applied in their innovative projects. 3DTs will trade inside the network at a price of $0.40.

A few details about the 3DT ICO

3D-Token launched its ICO on January 1, 2018, and the event will keep live until Sunday, February 11. At the time of writing, the token sale is going through its Step 3, which is the final stage.

The ICO Step 1 ended on January 14, and investors could benefit from a 40% bonus. The Step 2 ended on January 28 and came with a 30% bonus. Now, here is the good news for you – the current step initially presumed a 25% bonus, but today investors can claim a 50% bonus if they join the project before Ethereum quotation gets back to $1,350. As of today, Ethereum price keeps fluctuating way below $1,000, at around $793, so investors can enjoy the generous bonus and buy the tokens at half-price right now.

To participate in the ICO, you have to consider an essential condition: do not buy 3DT tokens by sending your ETH directly from an online crypto exchange. Instead, you should use ERC20 compatible wallets. Think about one of the following:

  • MyEtherWallet – web-based;
  • Mist;
  • MetaMask – available on Firefox and Chrome browsers;
  • Parity;
  • imToken – available for iOS and Android operating systems.

Accordingly, you should avoid using crypto wallets provided by exchanges like Coinbase, Kraken, Bitstamp, and so on. If you keep Ethereum on some of these exchanges, just move the needed funds to one of the accepted wallets, and you’re free to take part in the 3DT ICO.

Before the ICO event, 3DT had a presale of its tokens, which started on December 18, 2017. About $1 million was raised during that period. One of the key presale investors was Etherical.io.

What happens when you buy 3DT tokens?

If you participate in the ICO, you buy some of the 150 million 3DT tokens available for sale. The total number of issued 3DTs is 200 million, a quarter of which is distributed to fund the marketing campaign, token holders rewards, and the team, which will keep the tokens frozen for about two years.

So, what can you do with the acquired tokens? Well, you have more options:

  • You can wait for the end of the ICO and trade your 3DTs on several crypto exchanges where it will get listed. The project has a unique story. Given its strong fundamentals, it might be a success. We may see 3DT price grow soon after getting listed.
  • You can hold your tokens and receive a share of the network’s profits as the project grows.
  • If you buy 3DTs during the ICO, you get them at a discount price, and you can sell them back to the network at $0.40 per token.
  • The project has serious In the future, it might go public by conducting an IPO and get listed on a stock exchange. If that happens, you can sell your tokens to claim company shares.

As you can see, there are some significant personal benefits that you can focus on. Besides your own gains, buying 3DT tokens means to contribute to the project.

The proceeds from the ICO event are planned to be allocated as follows:

  • 15% will be allocated to create the infrastructure and the network;
  • 15% to the implementation of the online platforms;
  • 10% to the marketing campaign;
  • 18% to research & development;
  • 20% to overhead costs;
  • 15% to a general provision;

Besides, 7% of the 3DT sale proceeds will be allocated to Forex fees, ICO developments, and consulting fees.

So it’s a win-win situation for both the project and the investor. You can watch the ICO live here.

You can also scroll through the whitepaper here.

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency.

Image courtesy of Aigars Mahinovs via Flickr

Crypto

BNB Price Surges Past $300, Faces Crucial $339 Hurdle: What’s Next?

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BNB price has noted significant gains over the past few days, surging past the psychological resistance of $300. The native cryptocurrency of the Binance Exchange has surpassed Solana to regain its position as the fourth-largest cryptocurrency by market cap. The digital currency has been rallying lately with a 7-day profit of more than 15%. Additionally, BNB has clocked a phenomenal gain of 38% in the month to date.

Binance Coin Outlook

BNB price has been on a strong bull run for the past week, breaking out of its consolidation. Even so, the asset has experienced a correction in its uptrend over the past 24 hours but remains above the crucial level of $300. BNB’s total market cap has decreased by 4% over the past day to $48 billion, while the total volume of the asset traded over the same period dipped by about 15%.

Over the past year, Binance Coin has had to cope with Fear, Uncertainty, and Doubt (FUD)  on the back of the regulatory troubles of its underlying exchange. Earlier, the BNB price touched a low of $223.50, a few days after its former CEO, Changpeng Zhao, pleaded guilty to money laundering charges. However, the cryptocurrency has managed to rebound 46% in value since then.

The recent price rally has been associated with various positive developments in the Binance ecosystem, including the Introduction of the Isolated Margin Auto-Transfer Mode. This feature enables…

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Altcoins

Solana Price Surges Beyond $100, Dethroning Ripple and BNB To Secure Fourth Place

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Solana price performance in recent times has been remarkable, surpassing Ripple and Binance Coin to become the fourth-largest cryptocurrency by market cap. The SOL price breached the critical level of $100 for the first time since April 2022 over the weekend to imbue optimism among investors. However, the altcoin has corrected by 7%, suggesting that the market is overheated. At the time of writing, the ‘Ethereum killer’ was trading slightly lower at $111.60.

SOL Outlook

Solana price has made a significant recovery over the past few weeks, climbing above the psychological level of $100. The altcoin has been one of the best-performing assets this year, extending its year-to-date gains to more than 1,025%, with more gains recorded in the past month alone. However, even with such growth, analysts have noted that Solana has a bleak chance of topping its ATH of $260.

The reason behind this is the increase in supply relative to its value. In November 2021, when the Solana price hit its all-time high of $260, its total market capitalization was around $78 billion. Despite the value of the crypto asset being less than half of what it was at the top, its market cap is currently hovering near $50 billion.

This has been brought about by the increase in the Solana supply by more than 100 million SOL over the past two years. According to some analysts, for the altcoin to retest $260, its…

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Altcoins

Solana Price Skyrockets to 20-Month Peak Amidst Memecoin Frenzy

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Solana price has noted significant gains over the past few weeks, climbing to its highest level since April 2022. The ‘Ethereum Killer’ almost topped the crucial level of $100 on Friday, before pulling back slightly. The asset’s recent surge has catapulted Solana’s total market cap to $39.6 billion, ranking 5th after and above BNB and XRP, respectively. Solana has jumped by more than 22% in the past week and more than 80% in the month to date. At the time of writing, SOL price was trading 0.90% lower at $93.10.

Catalysts Behind SOL’s Rally

Solana price has been on a strong bull run over the past few days, rocketing to its highest level in 20 months as the network benefits from the substantial activity and strong interest in memecoins. The SOL token, the native digital asset of the high-performance blockchain platform Solana, has shown some serious strength over the past few weeks, outperforming all the altcoins in the market.

The recent surge in the Solana price has been linked to heightened on-chain activities on the Solana blockchain. Notably, the ongoing hype for the blockchain’s speedy transactions, cheap fees, and a lottery of meme coin issuances has buoyed SOL’s on-chain activity. Metrics have revealed that Solana has been the strongest draw among on-chain traders, with trading volumes and network fees outperforming Ethereum- the largest altcoin by market cap.

Cited figures provided by DeFi aggregator DeFiLlama

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