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Ethereum is a popular virtual currency that has gained tremendous popularity over the past few years for introducing the smart contract capability. So, unsurprisingly, people are looking for ways to get their hands on some Ethereum for free. Fortunately, we will discuss several methods to earn Ethereum for free in this article.

Faucets are websites that give away small amounts of Ethereum for free. They require you to solve a captcha or perform another task to receive your Ethereum. You can find many faucet websites online and earn Ethereum easily and with fun. However, before claiming from any faucet, ensure the website is legitimate and not a scam.

Example:

With FreeEthereum.com, Ethereum enthusiasts can use a reliable platform to get their hands on some tokenized ETH without investing money. Launched in July 2020, the Ethereum faucet offers various tasks, such as clicking links and completing quizzes, allowing users to quickly gain small amounts of ETH BEP-20 (the token from the Binance Smart Chain). The faucets settings were configured conveniently with a timer set at one hour, a minimal withdrawal of 0.002 ETH, and no withdrawal fees making it an excellent choice for those who want to collect free cryptocurrencies at their own pace. FreeEthereum.com is a superb option for everyone interested in ordering some quick ETH.

Airdrops are another way to get free Ethereum tokens. Projects conducting airdrops have just launched their Initial Coin Offering (ICO), giving away tokens or coins to people registering for their ICO. Participating in these airdrops allows you to get free Ethereum without any investment.

Example:

The popular Ethereum-based blockchain project Polygon (formerly Matic Network) conducted an airdrop of 50,000 MATIC tokens. All users had to do was sign up with their email address and follow the instructions on the website to receive their free tokens.

You can also earn Ethereum by playing online games. Many game platforms offer rewards in Ethereum tokens for completing tasks or winning competitions. These games provide a fun and easy way to get free Ethereum without any investment.

Example:

Ether Kingdoms is a popular crypto-based RPG where players can fight monsters, level up, and earn tokens. In addition, the game has an in-built reward system where players can receive Ethereum rewards for completing tasks.

If you have some skills or knowledge that are useful to others, you can use them to get rewarded in Ethereum. For example, there are freelance websites such as Upwork and Freelancer where people post projects that require specific skills. You can bid on these projects and earn Ethereum in return.

Example:

If you are a web developer or a designer, you can search for relevant projects on Upwork and bid on them. Once accepted, the project manager rewards you in Ethereum tokens for completing the project.

Trading cryptocurrencies is another way to get free Ethereum. Although trading cryptocurrency requires some knowledge and experience, it can be a great way to make money without investment. By trading wisely and carefully, you can accumulate enough Ethereum over time that will be yours for free.

Example:

Binance is among the most popular crypto exchanges, offering users various trading options. With Binance, you can trade Ethereum (ETH) and other cryptocurrencies for gains. By carefully studying the market and taking calculated risks, you can make some profits from trading ETH tokens without any investments.

Microtasks are small tasks you can complete for a small amount of money. These tasks often require little effort and can be done quickly, allowing you to make some free Ethereum.

Example:

Microworkers offers a variety of microtasks that require no investment and pay in Ethereum. These tasks often involve data entry, image tagging, or simple surveys. You can earn small amounts of ETH tokens without any investments by completing these tasks.

Referrals are another way to get free Ethereum without any effort. Many services and companies offer a referral program, where you can earn commissions or rewards when someone signs up through your link. For example, many exchanges offer a referral program that rewards you with a certain amount of Ethereum each time someone registers using your link.

Example:

Coinbase is one of the most popular cryptocurrency exchanges, offering users various services. They also offer a referral program, where you can get rewarded in Ethereum for each new user that joins the platform through your link.

Bots are automated scripts that can help you earn free Ethereum. These bots are programmed to search for profitable trades and execute them automatically, earning profits on your behalf. Some bots even allow you to customize settings so that they can make the most profitable trades possible, allowing you to get as much free Ethereum as possible.

Example:

3Commas is a popular trading bot that allows users to automate their trades on multiple exchanges. You can customize your settings and let the bot do its job, earning you free Ethereum. 3Commas is easy to use and requires no investment, making it an excellent way to get extra ETH without any effort.

Staking is another way to get free Ethereum. Users can delegate their Ethereum tokens to a validator to support the network. Then, as a reward for supporting the network, users receive tips in Ethereum. This method of earning Ethereum does require some investment but is a great way to passively earn rewards for supporting the Ethereum blockchain.

Example:

Huobi is one of the most popular staking platforms for Ethereum. They offer users a variety of ways to earn rewards by staking their ETH tokens. By delegating your tokens to Huobi, you can receive ETH rewards without additional investments or effort.

If you want to get free Ethereum without doing any work, another option is to lend your Ethereum. You can earn a passive income by lending your Ethereum and collecting monthly interest payments.

Example:

Nexo is a popular platform that allows users to lend their crypto in exchange for interest payments. For example, you can lend your Ethereum tokens at competitive rates, allowing you to get free Ethereum without any effort or additional investments.

If you are running a business or selling goods and services, you can accept payments in Ethereum. By accepting Ethereum payments, you can get free Ethereum without any effort. This option is perfect if you run an online store that sells digital goods such as software or music.

Example:

Coinbase Commerce is a popular platform that allows users to accept payments in Ethereum. By setting up Coinbase Commerce, you can start accepting ETH payments for your products or services and get free Ethereum each time someone pays with ETH.

Bounty programs are another great way to get free Ethereum without any investment. However, these programs usually require you to complete specific tasks, such as social media marketing or bug testing, and then reward you with a predetermined amount of crypto.

Example:

Gitcoin is a popular platform that allows users to participate in bounty programs. Completing tasks on the platform can earn free Ethereum as a reward for your efforts. In addition, you also have the opportunity to participate in hackathons and get rewarded with ETH for your work.

Another way to get free Ethereum is by participating in liquidity pools. These pools allow you to deposit cryptocurrency into a shared pool and earn rewards for providing liquidity. By depositing your Ethereum into a liquidity pool, you can earn passive income through interest payments and trading fees.

Example:

Uniswap is a popular liquidity pool platform allowing users to deposit Ethereum tokens and earn rewards through trading fees. By depositing your ETH into a Uniswap pool, you can earn passive income each time someone trades with your liquidity.

Be aware that there are many scams out there that promise to give away free Ethereum. Before you use any service or participate in an airdrop, do your research and verify the offers authenticity. Never share personal information such as passwords or private keys, as these can lead to losing your funds. If something seems too good to be true, it probably is so be careful when dealing with any service that promises free Ethereum.

There are several ways to get free Ethereum without investing or doing any work. For example, you can use platforms like Nexo and Celsius Network to lend your ETH for interest payments, accept payments in ETH for goods and services, participate in bounty programs and liquidity pools, or watch out for airdrops.

Be sure to research and be careful of scams when dealing with any service that promises free Ethereum. With the right approach, you can get your hands on some extra ETH without having to invest a penny.

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How Can You Earn Free Ethereum? Best Ways to Earn for 2023 ... - Cryptopolitan

Welcome to the latest edition of Cointelegraphs Nifty Newsletter. Keep reading to stay up-to-date with the latest stories on nonfungible tokens. Every Wednesday, the Nifty Newsletter informs and inspires you to dig deeper into the latest NFT trends and insights.

In this weeks newsletter, read about why Meta decided to wind down its nonfungible token (NFT) tools on Instagram and Facebook, and check out the metaverse greenhouse full of dynamic, breedable NFT flowers. Find out more about Binance NFTs addition of Polygon network support to its marketplace and, last but not least, Nifty News highlights the new artificial intelligence (AI) tools that can bring security and transparency to the NFT market, and why German regulators are considering a case-by-case approach to NFTs.

Tech giant and Facebook parent company, Meta, said its scrapping its NFT features across its social media platforms, Facebook and Instagram. This comes only 10 months after the integrations first launched.

Stephane Kasriel, the head of commerce and financial technologies at Meta, revealed the news in a tweet on March 13. He said the company is winding down its NFT support and will focus on other ways to support creators, people, and businesses while prioritizing monetization and connecting with fans.

Continue reading

On March 8, the Heterosis project introduced collectible, breedable and dynamic NFTs of digital flowers. After the initial mint of the NFT flower, users can look into the greater catalog of flowers available and breed flowers to create a hybrid species.

According to the projects announcement, when a new flower trait is discovered, it spreads across the entire population, just like the diversification in nature works. All flowers will be held in a metaverse greenhouse, designed as a digital rendition of Londons National Gallery.

Continue reading

Binance NFT the NFT arm of the cryptocurrency exchange announced that it had added support for the Polygon network to its marketplace.

The move continues the expansion of Binances NFT ecosystem. The new integration allows Binance NFT marketplace users to trade NFTs on various blockchains, including Ethereum, BNB Smart Chain and Polygon, via their Binance accounts.

Continue reading

The Federal Financial Supervisory Authority of Germany (BaFin) said its not yet ready to assign a classification to NFTs and suggests classifying them on a case-by-case basis.

The regulators said NFTs dont meet the criteria to be considered securities, though they could be in the future. However, regulators also gave the example of an NFT containing documentation of exploitation rights or ownership, like a distribution commitment, which could be considered an investment.

Continue reading

Fragmentation and the lack of standardization in the NFT space have led to confusion for users between different marketplaces. Diverse collections and inconsistent pricing methods complicate transactions.

As AI and machine learning become more available, they could benefit users in the NFT space by detecting security threats, providing users with a safer and more trustworthy experience.

Continue reading

Thanks for reading this digest of the weeks most notable developments in the NFT space. Come again next Wednesday for more reports and insights into this actively evolving space.

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Meta scraps NFTs on Instagram and Facebook: Nifty Newsletter, March 814 - Cointelegraph

An electrifying live discussion with Rutherford Atayobo, the brilliant Chief Operating Officer behind SinVerse a groundbreaking metaverse game built on the blockchain that boasts an edgy R-Rated Mafia theme. SinVerse has taken the Web3 universe by storm, captivating the hearts of thousands with its unparalleled immersive and interactive gaming experience that surpasses all others.

In this dynamic conversation, Rutherford will regale us with his insights and experiences on the development and success of SinVerse, sharing stories of the challenges and opportunities that come with building a metaverse game on the blockchain. Have a great read as we dive into the future of gaming and blockchain technology with one of the most innovative leaders in the industry.

Hello, I am Efe Rutherford Atayobo, co-founder and COO of Sinverse, the first R-Rated Mafia Metaverse built on Web3. As an entrepreneur, innovator, and blockchain ecosystem developer, I have been actively involved in the Web3 ecosystem since 2015 . Since then, I have also founded Manilla Finance, Vanilla Network and Cabbie, three highly innovative and scalable web3 projects.

1. Can you describe the background and experience of the team at Sinverse?

Sinverse is led by a team of four co-founders with a diverse range of skills and expertise. Marouane Fikri has extensive experience in economics, tokenomics, and marketing. Constantine Ene has a strong background in Game Development, Artificial Intelligence, Machine Learning, and Augmented Reality. And I, as the founder of Manilla Finance and Cabbie, have managed a technology hub in Web2 & Web3 development. We also have a strong background in the gaming industry, having grown up during the inception of the first 8-bit video game, Nintendo. At Sinverse, we believe in a flat organizational structure that empowers every team member to contribute to the success of the project.

2. What is the plan for Sinverse in the next five years?

As the COO of Sinverse, I am proud to say that we have ambitious plans for the future. Our goal is to become a leading player in the metaverse space by building a decentralized, immersive, and user-friendly platform. We aim to continue developing and expanding our platform, attracting a large and engaged user base, generating significant revenue from activities such as gaming and commerce, and offering investors an outstanding return on their investment. We have already partnered with other projects to build their businesses in our metaverse, such as Kucoin and Caasha, who are coming to Sinverse to build their financial infrastructure in the financial district. Our vision is to create a metaverse where players can carry out crypto-based transactions right inside our platform and drive adoption of Web3 gaming.

3. How does Sinverse aim to impact the future of Web3 gaming?

At Sinverse, we believe that gaming and blockchain technology are a natural fit, and we are on a mission to create a new type of gaming experience that is more immersive, social, and secure. By combining blockchain technology and gaming, we hope to drive the adoption of Web3 gaming and provide a model for other companies to follow. Our platform is decentralized and owned by users, which will empower game developers and users alike, creating a more equitable and democratic gaming ecosystem.

4. When is Sinverse planning to launch, and what is your go-to-market strategy?

As the COO of Sinverse, I can tell you that we are currently in the process of developing our platform and engaging with the community. While we have not yet announced a specific launch date for the full game, our alpha demo is available for gamers to play and we have received an enviable turnout from blockchain gamers. Our go-to-market strategy is to leverage our partnerships and network to build awareness and attract users to the platform. We also plan to incentivize users to join and participate in the platform through rewards programs and other mechanisms.

5. Why did Sinverse choose to build its platform on Binance Smart Chain, and what is the competitive edge of BSC?

We chose to build our platform on Binance Smart Chain (BSC) because it is a blockchain platform that is designed for high-speed and low-cost transactions, making it well-suited for gaming and commerce. Additionally, BSC has a large and active community, which can help to provide support and promote adoption of the Sinverse platform. By building on BSC, we believe that we can provide a competitive edge to our platform and deliver a high-quality user experience.

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A deep dive into the fastest growing R-Rated Metaverse Game SinVerse - ZyCrypto

Arbitrum foundation announced the date for the $ARB token airdrop & DAO governance and 12.75% of community allocation to be distributed on March 23. ARB holders will vote on decisions governing Arbitrum One & Nova networks.

Arbitrum announced to launch of its much-awaited DAO governance and its native $ARB token on March 23.

Today The Arbitrum Foundation is extremely excited to announce the launch of DAO governance for the Arbitrum One and Arbitrum Nova networks, alongside the launch of $ARB. https://t.co/TB3wG0QK0v

According to the Arbitrum Foundation, the launch of $ARB marks the evolution of Arbitrum into a decentralized autonomous organization (DAO). Thus, $ARB holders will be able to decide on key decisions governing Arbitrum One and Arbitrum Nova - networks that provide faster and cheaper transactions on the Ethereum blockchain.

The total circulation of $ARB will be 10 billion. A total of 56% of those tokens will be controlled by the arbitrum community - 11.5% will be distributed to the Arbitrum community, and 1.1% will be distributed to DAOs operating in the Arbitrum ecosystem. Arbitrum DAO will control the distribution of the remaining community tokens through a treasury.

The other 44% of Arbitrum's circulation will go to Offchain Labs - the firm that built Arbitrum. All investor and team tokens are subject to a 4-year lockup, with the first unlocking happening in one year and periodic unlocking throughout the next three.

The Arbitrum Foundation and Offchain Labs worked closely with Nansen throughout the past several months to develop eligibility criteria $ARB token airdrop. They developed a point system based on various metrics of network usage.

Users of both Arbitrum One and Arbitrum Nova both received points. Moreover, early users of Arbitrum One (before Nitro) received more points. Users with three or more points are eligible for the airdrop. However, points were also deducted from users who engaged in Sybil-linked usage patterns.

You can check the point system and discover more about the eligibility criteria here.

Users who want to be part of Arbitrum's governance but do not wish to vote on-chain actively can participate passively through delegation.

Furthermore, Arbitrum included a second mechanism in the form of DAO airdrops, as a way of extending token distribution to new and infrequent users. In accordance with this, only Arbitrum projects with DAO treasuries are eligible.

Among the exceptions to the DAO airdrop was the inclusion of the Protocol Guild, an organization that represents the Ethereum core developers and contributors.

The ARB token will only be used for protocol governance, unlike ETH, which is used to pay Ethereum (and Arbitrum) fees.

The DAO governance in Arbitrum is self-executing, which means its votes will directly effect and execute on-chain decisions without the involvement of an intermediary. The voting process requires a minimum of 2137 days to pass before a proposal can be executed, ensuring users are given time to react to any changes.

Additionally, the Arbitrum Foundation established the Arbitrum Security Council, a 12-member multisig of highly regarded community members that would monitor the security of the chains and can act rapidly when a vulnerability is found. At some point, the DAO can also retire the Security Council if it decides the chain no longer needs its protection.

The Arbitrum foundation also announced the launch of Arbitrum Orbit, a platform for developers to easily and permissionlessly create their own Layer 3 (L3) blockchains. Additionally, Arbitrum Orbit L3 chains will support Arbitrum Stylus, which allows developers to build chains in C, C++, Rust, as well as Solidity.

The Arbitrum DAO will be able to authorize additional Layer 2 chains on Ethereum, regardless of whether they are governed by $ARB, ensuring full community control of Arbitrum.

The Arbitrum One platform was upgraded to Nitro in August. Moreover, a few months ago, Arbitrum announced that ten independent institutional validators had signed up to validate the platform.

The community is exited with the recent announcement.

Congrats to the team, this is huge.

You took your time but you delivered.

According to L2 Beat, Arbitrum has $3.63 billion in TVL in its Ethereum rollup network, Aribtrum One.

Arbitrum is an Ethereum layer-2 network that enables developers to build and deploy highly scalable smart contracts at low cost. You can use Arbitrum chains to do all the things you do on Ethereum use Web3 apps, deploy smart contracts, etc., but your transactions will be cheaper and faster. The flagship product for the team, Arbitrum Rollup, is an Optimistic rollup protocol that inherits Ethereum-level security.

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Binance US to Delist HNT Token Ahead of Helium Migration to Solana - BSC NEWS