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Conflux Ecosystem Grants Program: With Over 2.4 Billion CFX In Rewards

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Conflux Ecosystem

We are pleased to announce the launch of our Conflux Ecosystem Grants Program.

About the Conflux Ecosystem Grants Program

ConfluxThe Conflux Ecosystem Grants Program aims to fund entrepreneurs, engineers, and evangelists who have the vision to catapult innovations in software development, research, education, and community building for the Conflux Network ecosystem.

Our grants program application process will be launched in waves. In the first wave, we are looking to support submissions that are focused on supporting infrastructure tools for developers to build highly scalable products and DApps that drive the innovations and augment the composability of our technology stack to bring more users and developers to the decentralised world.

The categories we are interested in funding through this grants program are mentioned below.

Grant Categories

Tools and Infrastructure

Development tools and infrastructure components that will make the Conflux Network easily accessible and composable.

  • Development Environments like frameworks, IDEs, and security tools to attract existing developers to build on Conflux and tools that bridge the gap for new programmers to become blockchain developers. 
  • Blockchain Bridges to other established networks for asset and state transfers and facilitate the interoperability and cross-chain composability of blockchains that are crucial to the growth of Web3.
  • Oracles for prices, identity, land management, intellectual property, etc. that are a key component in facilitating the transition from Web2 to Web3 and a critical link to real-world information. 
  • Mobile Development tools like SDKs, Key Management, Wallets, and others that can put blockchain applications on devices across the world in a safe, secure, and reliable manner.
  • Token standards for NFTS, RFTS, fungible token equivalents, presenting novel ways of tokenising assets or information, with the potential to form methodologies and standards that can be applied to various use cases.

Decentralised Applications

DApps to drive user adoption, liquidity, and composability on Conflux Network.

  • DEXs for Swap/AMM (Automated Market Making), perpetual swap (futures), leverage trading, exotic derivatives (options and synthetic assets) that will be crucial for next-generation DeFi and grow our DEX ecosystem through new types of exchanges and swappable assets.
  • Token projects like non-USD Stablecoins, Cross-chain BTC, ETH, Gold custodian backed tokens, others backed by different assets in order to diversify the economic activity on Conflux Network.
  • Payment channel on Conflux with USDT (or other Stablecoins) for micropayments and settlement scenarios like gaming, tipping, gifts, etc. by leveraging our super-low transaction fees and fast confirmation time, reducing the barriers of adoption.
  • Identity Solutions like Decentralised ID, user control data exchanges, automated KYC that are integral to create new applications for broader adoption of the Web3 space. 
  • Lending & Borrowing platforms as they are powerful components of our growing DeFi ecosystem that will give users the ability to lend and borrow, and grow their assets.

Grant Funding Tiers

The projects applying for grants are eligible for funding of up to $50k based on the grants category, market potential, and alignment with the Conflux Network’s vision. The grant amounts mentioned below are in USD and the funds will, subject to eligibility and the terms and conditions of the Program, be disbursed in CFX post full Mainnet launch.

Tiers

Tier 1 – Grant amount up to $15k per project that can be completed in 0-2 months

Tier 2 – Grant amount up to $50k per project that can be completed in 2-6 months

The approval process for Projects applying for Tier 1 grants is faster than projects applying for Tier 2. Preference will be given to projects that are not planning on having 100% of their early-stage funding covered through the Conflux Ecosystem Grants.

Eligibility Requirements

We are looking for tangible outcomes in a fixed timeframe from the projects that apply for the grants. Few important points that would make a successful application are: 

  1. The project work should be in progress and open-source for community use. This will be helpful for transparency and quicker due diligence for decision making.
  2. The teams should have experience in delivering blockchain solutions in the past and strong track records that are quantifiable.
  3. Projects should be working towards tangible outcomes that can be achieved in a set timeframe, preferably 6 months or less. We are looking for sharpshooters with a precise, actionable aim in mind.
  4. Projects should be able to clearly disclose what the grant shall be used for with a detailed breakdown of costs.
  5. The teams need to demonstrate a long term commitment to build and operate the solutions on the Conflux Network, thus mutually beneficial for the growth of the platform and the products that are built.

How to Apply For a Grant

To apply for the Ecosystem Grants Program, please visit grants.confluxnetwork.org

Get in Touch With Us

If you have any questions about the grants process, please email us at grants@conflux-chain.org

Disclaimer: This is a paid sponsored post. Readers should do their own due diligence before taking any actions related to any company, product or service mentioned in this article. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in this post. 

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Join the TRX/NGN Trading Competition in Nigeria

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TRX/NGN Trading Competition in Nigeria

Binance has opened trading pairs for TRX/NGN as of 2020/10/01 10 AM WAT. Users can now deposit NGN and buy TRX on Binance.com. Users can also deposit TRX and trade for NGN.

Binance and TRON are collaborating to offer a N7,000,000 pool in bonus and giveaway to TRX traders on the Binance Platform. This is to celebrate the addition of the TRX/NGN Trading pair. 

Competition Period: 2020/10/2 0:00 AM – 2020/10/15  0:00 AM (UTC)

Promotion A: Trade TRX/NGN pairs on Binance to Win from a Prize Pool of N5,000,000

To participate in this promotion and share in the bonus pool, you must be among the Top 60 traders with the highest number of completed trades within this competition period. The more you trade the higher your chances of winning.

Tron on Binance

Bonus Activity:

To participate in this promotion, you have to trade at least $1,000 of TRX/NGN from Oct 1st- 10th, 2020 to qualify for the raffle draw. Up to 20 Winners will be drawn during the AMA (Ask Me Anything) session with the Justin Sun, Founder of TRON on the Binance Nigeria Telegram community here.

The more you trade TRX/NGN pairs, the more slots you get and the higher chance to win. 2,000,000 NGN (100,000 NGN for 20 users). Trading volume of $1,000 qualifies you for one raffle ticket.

TRX/NGN

Only users that have completed their KYC are qualified to share in the reward pool.

The Nigerian Naira (NGN) is a fiat currency and does not represent any other digital currencies.

Terms & Conditions

  • To participate in this promotion, users must complete their KYC.
  • The NGN rewards will be allocated to the Binance Wallet within 15 business days after the campaign finishes. Users can see their rewards by selecting the Account Center > Wallet > Distribution History.
  • Binance reserves the right to cancel or amend any Activity or Activity Rules at our sole discretion.
  • Binance reserves the ability to disqualify any participants showing signs of fraudulent behavior immediately.

Join the competition! Start trading on Binance today.

Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Binance will make best efforts to choose high-quality coins, but will not be responsible for your trading losses.

Disclaimer: This is a sponsored post. Readers should do their own due diligence before taking any actions related to any company, product, or service mentioned in this article. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product, or service mentioned in this post. 

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How to Make Profit Selling Bitcoin in South Africa During 2020

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selling bitcoin in South Africa

Looking to make a little extra on the side? Look no further, we’re here to show you how to sell Bitcoin for a profit in South Africa in 2020. We’ve included a detailed breakdown, some tips, and tricks of the trade, and thrown in some inside scoops to get you that step ahead. Let’s dive in!

First, you’re going to need an account on the P2P trading platform Remitano. The platform has created peer-to-peer marketplaces around the world, with markets dominating in India, US, and the Philippines to name a few. This year, Remitano brought their services to South Africa, offering local traders not only an easy way to buy and sell cryptocurrencies, but also a convenient ZAR wallet that allows you to deposit and withdraw funds efficiently.

Registering is easy, and completing the simple KYC registration process is simple and should take a matter of minutes. Once you’re registered, let’s get into it.

How To Make Profit Selling Bitcoin

The easiest and fastest way to make a profit selling Bitcoin is to buy for a lower price than you sell. Obvious, right? It really can be that simple. Assuming that you have Bitcoin (if not, find out how to buy Bitcoin from a local trader and pay in South African Rands), you’re going to need to create a sell advert selling the BTC for a little extra. How much extra is up to you to decide, but remember not to get too wild with your markup otherwise you’re less likely to find a buyer. 

Step 1: Establish your BTC price

You’re going to want to sell your BTC for profit, so make sure that you add an amount on the top of what you paid for it when creating your sell ad. You also want to ensure that your price is competitive, so check on another reputable platform to see what the going rate is. 

E.g. If you bought BTC for R179,800 and it is selling for R181,634 on Luno, you might want to round up the price to R182,000 for your Sell ad. This will give you roughly R2,200 profit.

Step 2: Create a sell advert so you can sell BTC for profit

Now that you’re verified to sell on the platform and you’ve got a price in mind, it’s time to get to business! Head to your Dashboard, click on P2P Exchange in the dropdown menu, and select Your Advertisements. Then click “Create Ad”.

Remitano 2

Step 3: Enter the details of your Sell ad

In the form enter the details of your sell ad, like how much you’d like to sell for and how much BTC you have. The amount is calculated in ZAR/bitUSD and will show you the ZAR/BTC equivalent below.

You’ll also need to enter how much BTC you’d like to sell, and how you would like the funds to be paid. Here you have 3 options: bank transfer, Remitano ZAR wallet, and Chipper Cash. 

Remitano 2

FYI: If you are wanting to create a sell ad for another cryptocurrency you can simply click on the pencil icon in the top right corner (as per picture above) and change the details (as per picture below). On Remitano, traders can buy and sell Bitcoin, Ethereum, Tether, Bitcoin Cash, Litecoin, and Ripple. 

Remitano 3

In the Create New Ad page you also have the option of exploring the Advanced settings, where you can adjust things like minimum and maximum BTC amount, whether to reject unverified buyers and check the payment window. 

Now click “Create new advertisement”.

Step 4: Make a ZAR deposit to activate your account

In order for your ad to go live, you will need to deposit a small amount into your ZAR account, this lets the platform and the seller knows that you are serious about selling.

Step 5: Wait for a buyer

That’s it, once your ad is live you’ll be notified immediately if a buyer is interested in purchasing either a portion or the entire Bitcoin (the amount that you put up for sale). Once a buyer has expressed interest, they will make payment to your Remitano ZAR wallet and you will have 15 minutes to release the BTC once payment has been received. 

Tips On How To Make Profit Selling Bitcoin

When looking to take on selling BTC to earn extra profits, here are some top tips to remember:

  • Always work out your BTC sell price to be above the amount you bought it for plus commission to sell. I.e. BTC sell price = BTC buy price + commission fees charged by the platform
  • Remitano is currently offering 0% trading fees on the platform, meaning you take home more
  • Keep an eye on the markets, buying low, and then waiting for the price to rise before selling is a profitable game of patience.
  • There are no deposit fees on Remitano, so what you deposit is yours.

Sell BTC Like A Boss

Now you’re ready to start selling BTC at a profit. In this handy guide, we’ve shown you the ropes on how to trade on the P2P trading platform Remitano and given you some great tips on what to remember when trading for profit. 

Disclaimer: This is a sponsored post. Readers should do their own due diligence before taking any actions related to any company, product, or service mentioned in this article. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product, or service mentioned in this post. 

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Crypto2Mobile.com Offers Instant Worldwide Mobile, Data, and Content Services Top-Ups for Crypto

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Crypto2Mobile.com
Crypto2Mobile.com offers instant worldwide mobile, data, and content services top-ups for cryptocurrency – 140 countries and over 9000 top-up options in one place, delivered instantly for cryptocurrency. In near future also vouchers for Uber, Booking, Amazon, GooglePlay, iTunes, PSP, Spotify, and Netflix will be offered.

What Customer Need Does Crypto2Mobile.com Address?

Crypto2MobileWe enable worldwide, instant topups for airtime, data, and many other content services such as spotify, netflix, booking.com for cryptocurrency. Today, buying such top-ups is dispersed between many services and available for FIAT money. Crypto holders must perform first exchange into FIAT, then look for top-up service and use their credit cards or payment account to buy top-up. This process may take a few days. We enable the widest choice of top-ups and are working on even more. Our service is delivered within seconds or minutes, depending on the cryptocurrency chosen.

How Does it Work?

We offer the widest choice of mobile and data top-ups on the webpage crypto2mobile.com. Users can instantly buy thousands of top-ups from 140 countries and pay with cryptocurrency, we offer BTC, ETH, BCH, LTC, or DASH. The payment process is instant. We aggregate 2 cutting edge services and technologies:
a. word wide top-up service (we cooperate with 2 services: reloadly and ITA, making best choices of operators and being able to optimize prices for users). We also have a virtual deport of recharges acquired by other means, for example on e-bay, which enables us to make best possible prices for customers).
b. on the other hand, we integrate online transnational interface with a cryptocurrency exchange. This service enables us to quote microtransactions online and make exchanges on the go, delivering us FIAT money to pay for top-ups in online mode. Again, here we are able to cooperate with two crypto exchanges.
We are able to deal with the volatility of cryptocurrency prices, we mastered and secured FX rates between USD, EUR, GBP, and other local currencies. All these processes are done in the background. Although our service is not optimized at the front-end yet, we are proud of the amount of work done in the background.

What Alternatives Do Customers Have?

Customers may also go to an exchange, convert some crypto into FIAT money (the process may take several days, based on banking working days), and then pay for top-up with an application of one particular provider or on aggregation service such as ITA. However, this process is so slow and complicated, that it’s not a real alternative.
It is really an international team standing behind the company: Rafal from Switzerland, Monika, Dominik, and Marek from Poland and Roman from Bangladesh, and Ashi from India.

Where Does Crypto2Mobile.com Operate?

Crypto2mobile.com now is ready to use, You can buy for BTC, ETH, BCH, LTC, or DASH top-ups, refills, airtime, data plan, recharges, and vouchers. The choice of companies includes GSM and mobile money operators such as Airtel, AirtelTigo, MTN, Vodafone, Zain, Moov, Malitel, Orange, Vodacon, Africell, Smile, Mascom, Telekom Kenya, TurkCell, Etisalat.
Disclaimer: This is a sponsored post. Readers should do their own due diligence before taking any actions related to any company, product, or service mentioned in this article. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product, or service mentioned in this post. 

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