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Voxels (VOX): Blockchains and Virtual Reality

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Voxels (VOX)

Even if VOX didn’t exist it would be only a matter of time when this type of cryptocurrency would appear. Virtual reality is grabbing as much attention as digital currencies are receiving, although digital coins are drawing more interest these days, especially with predicted value increases and crypto investment craze. Voxels is the first and most popular cryptocurrency currently dealing with virtual reality and VR, which makes it one of a kind in the world of crypto values. But, does it make it one of a kind when it comes to investing and where does Voxels stand on the list of most wanted and most promising currencies? Let’s find out what Voxels is and how it can compete with the big coins.

Voxels and the Voxelus

The Voxelus is a blockchain based platform that merges VR and cryptocurrency technology. The platform is made to enable all users to get easy access to VR and 3D games and applications. The best thing about this platform is that it brings a sort of revolution not to sound too dramatic because this platform allows users to create and use different VR applications and 3D games without even knowing how to code or program. All content available on the platform can be modified, shared, distributed, purchased, resold and played without a single line of code included from the party that is using the content, making access to VR apps and 3D games easier and simpler than ever. The platform also has features that include real-time applications that allow users to play content that is currently being used by the latest VR technology, like Samsung VR or Oculus Rift.

You can easily purchase any available game or application then use that game or app anytime you want as it immediately becomes available at all times after the purchase. To make purchasing and trading easier, the Voxels platform had to come up with a digital coin that would support the idea of having a decentralized community where VR and 3D game enthusiasts can enjoy different apps and games, creators of Voxelus have come up with a digital currency known as Voxels or VOX.

The Voxelus platform has a marketplace, called Voxelus Marketplace that allows users to surf and explore through the library that contains different games and apps posted for purchase by designers and d creators, having a variety of games and apps all in one place. With owning VOX and having access to the Voxelus Marketplace, you can easily purchase, store, share and play any game you like. Besides from games and apps, you can also purchase over 7000 different 3D models, images and graphics. Although purchases can only be made with Voxels, which is the only monetary value currently being used on the platform. Whenever you purchase something, regardless of what you have purchased, the bought item will be immediately available in the Voxelus Creator which is a part of your account that features anything you have on the Voxels platform, so you can easily access all of your purchases at any time.

The Voxelus platform is growing every day as new content, models, characters ready for multiplayer, games and apps are being uploaded every day, making 3D and VR content widely accessible. Especially from the time the Voxelus platform has partnered with Flatpyramid, which is an online network or rather marketplace involved in discovering and distributing new digital, 3D and VR content.

To make Voxels into a functional digital coin that would be enabled for operating across this platform, the Voxelus creators used Litecoin core for their coin, adding improvements in the form of extra security and upgraded verification. In addition to improved security, the coin is made to be functional and easy to use, tested for usage and having all user-friendly features checked before being let out in circulation for exchange. That way the Voxelus platform and 3D content exchange can work impeccably.

Voxels is also available for mining where miners are getting 0.1voxel mining fee utilized with every transaction, which makes this coin more desirable in addition to its original purpose within the platform.

Where is Voxels at Now?

Voxels is currently trading at 0.53$ per one coin with the latest increase of 9.18% which initially brought the price up for this coin. The price is still under one dollar, but this coin is undoubtedly and steadily going up in favor of the Voxelus platform. The thing about the Voxelus and its coin VOX is that this platform is the first blockchain platform to be dealing with distribution and promotion of VR and 3D related products, making the process of purchasing and building virtual reality apps easier than ever. So we can easily assume that this coin along with its patron the Voxelus Platform has a bright future installed for the time to come. As VR is getting huge pluses when it comes to popularity and general interest, we can assume that Voxels will obtain further increases in value as it will become more popular and consequently more interesting for investors in case the price per one coin continues to rise. But, with the current market cap of total 111.3 million dollars and with over 210 million coins in circulation, although slowly making progress, this digital currency along with the Voxelus Platform seems to be doing very well at the beginning of 2018. If this year is to be as fruitful for digital coins as predicted, Voxels is sure to join the team of potentially profitable investments.

We will be updating our subscribers as soon as we know more. For the latest on VOX, sign up below!

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 coinmarketcap.com

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Bitcoin Price Dumps Below $41,000 Amid Uncertainty

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Bitcoin price dumped hard on Monday, briefly slipping below $41,000, erasing gains recorded in the previous week. The premier cryptocurrency seems to have exhausted its recent rally propelled by industry vulnerabilities. At the time of writing, the world’s largest cryptocurrency was trading slightly lower at $41,385. Bitcoin’s total market cap has dipped by 2% over the past day, while the total volume of BTC tokens traded over the same period climbed by 58%.

Fundamentals

Bitcoin price has been facing retracements and a rollercoaster over the past few days after recently rocketing to a 20-month peak. On-chain data has suggested that many investors used the opportunity to take some profits, leading to a decline in the asset’s price.

Bitcoin’s price slump is mirrored in the wider crypto market, with the global crypto market cap decreasing by 1.85% over the past 24 hours to $1.55 trillion. The total crypto market volume has increased by 32% over the same period. The Crypto Fear and Greed Index has plunged from a level of extreme greed to a greed level of 70, suggesting a decline in risk appetite.

Ethereum, the largest altcoin by market capitalization, is currently trading at $2,167, down almost 3% for the day. Meme coins have been hit hard by the market slump, with Dogecoin and Shiba Inu down by more than 4% over the last day.

Last week on Thursday, cryptocurrency experts took notice of…

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Bitcoin Price is in Consolidation Mode Despite Market Optimism Post-Fed Decision

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Bitcoin price edged lower on Thursday despite optimism in wider markets on the back of the Fed’s interest rate decision. The flagship cryptocurrency has been consolidating above the critical level of $42,000 after briefly topping $44,000, its highest level in 20 months. Bitcoin was trading 0.71% lower at $42,569 at press time. BTC’s total market cap has increased by more than 3% over the last day to $832 billion, while the total volume of the asset traded over the same period jumped by 22%.

Economic Outlook

Bitcoin price has been trading sideways over the past few days, suggesting a pause in its recent rally towards $45,000. The premier cryptocurrency has decreased by 4% in the past week but remains 15.22% higher in the month to date. The digital asset has staged a significant recovery this year after a torrid 2022 in which a string of scandals, including the collapse of FTX, led to a market meltdown, undermining the credibility of the sector.

The crypto market has been buoyed by the Fed’s latest interest rate decision. The US Federal Reserve on Wednesday held its key interest rate unchanged for the third consecutive time, in line with market expectations. With the easing of the inflation rate, members of the Federal Open Market Committee (FOMC) voted to keep the benchmark overnight borrowing rate in a targeted range between 5.25%-5.5%.

Additionally, the central bank indicated that three rate…

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Bitcoin Price Blasts $44K in Spectacular Surge as Spot Bitcoin ETF Approval Looms Large

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Bitcoin price has been hovering above the $43,000 psychological level over the past two days amid anticipation about the potential approval of a spot bitcoin ETF. The flagship cryptocurrency has climbed more than 16% in the past week and nearly 170% in the year to date. Bitcoin’s total market cap has increased by nearly 5% over the past 24 hours to $858.9 billion, while the total volume of the token traded rose by 43%. The Bitcoin price was trading at $43,914 at press time.

Fundamentals

Bitcoin price has posted significant gains over the past few days, climbing to its highest level since April 2022, before the crash of a stablecoin that started a litany of company failures, pummeling crypto prices. The world’s largest cryptocurrency briefly topped the crucial level of $44,000 on Wednesday amid rising momentum despite being massively overbought.

According to analysts, with no spot bitcoin ETF approvals yet and the halving event five to six months away, the market is riding on FOMO. Capital has been flowing in the Bitcoin market amid enthusiasm that the launches of spot ETF will bring in billions of dollars of new investment into the crypto sector.

Investors have already started providing capital as seed money for ETF products. Notably, a recent report by CoinDesk showed that the world’s largest fund manager, BlackRock, received $100,000 in capital from a seed investor for its spot bitcoin exchange-traded fund…

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