In the ever-expanding universe of cryptocurrencies, Tether (USDT) has emerged as a significant player. Tether (USDT) is a cryptocurrency that serves as a stable coin, pegged to fiat currency, specifically the US dollar. It was created to provide stability in the cryptocurrency world, allowing users to conduct transactions without being subject to significant price fluctuations, and for storing and transferring value within the cryptocurrency space. Over the years, it has become one of the most popular cryptocurrencies among traders and investors, holding a special significance in the cryptocurrency market. In this article, we will explore what Tether is, how to buy and store it, and delve into the key aspects of using this cryptocurrency.
Cryptosocial network Sl8 (Slate). StarSlax(SSLX) token
Sl8 Cryptosocial Network (Slate)
Sl8 (Slate) is the first Ukrainian social network built on blockchain. In this network, each user must have a cryptocurrency wallet created on the basis of blockchain Stellar.
The main goal of the project is to create a completely new social network, as they say, from scratch (from the English "with the clean slate"). Hence the name — Slate.
Slate differs from its competitors by a complete rejection of spying on its users. That is, no one hunts for personal data, much less transfers it to other persons for use in marketing purposes, for example. The company pays great attention to privacy and security, and also gives you the opportunity to personally customize the news feed in your personal account.
Sl8 has created automatic content monetization with crypto, it is also possible to make crypto payments and transfers in the same digital currency. In addition, network users can make money on post tags and receive remuneration in the crypto. The creators of the project promise that additional "buns" will be in the Premium subscription of the social network.
The principles that Slate company adheres to
- use of blockchain and the total use of crypto;
- no tracking of users;
- confidential and secure;
- moderation occurs in several stages;
- user control over their news feed;
- automatic content monetization;
- Premium subscriptions with additional features;
- no abuse of advertising.
But the most compelling reason why users began to be interested in Slate is that there is a lot of freedom in relation to the content that is published. As such censorship, such as in Facebook, that is, you can even post content 18+, there is freedom of speech. This, of course, does not mean that there are no rules on the network, they are just not as absurd and restricting the right to express one's thoughts as in other social networks.
How does StarSlax work?
First you need to go through the registration procedure, like in any other social network, but Slate has its own peculiarity - you can do this only by invitation or through a special code (NAB6rp).
You can use the network from a personal computer, as well as from mobile applications with Android and iOS operating systems. The best choice is still the application, since the desktop version of the social network has some limitations and incomplete functionality. For example, some users complained that they could not edit their personal profile from a computer in any way, as well as create their own "layer". Layer is a user's personal thematic boards. In other words, these are your groups on certain topics, so far only 7 of them can be created! Users of the social network can subscribe to you, as well as to your layers, so that's how everyone gets only the content that they are interested in.
The Slate interface is pleasant and convenient, created according to Wireframe standards, which all users of social networks know. So you should not have any problems when using the service, just 5-7 minutes and you will figure it out.
What is StarSlax (SSLX)? Who are the founders of the project?
StarSlax (SSLX) is a personal token of the Sl8 social network, which was created using Stellar distributed registry technology.
At the moment, three Ukrainians are behind the creation of a social network and a token. The public face of the project is one of the founders and CEO - Dmitry Ivanov.
The platform belongs to the company "Cassator Corp.", which was registered in Delaware, USA, in 2019 by entrepreneurs from Ukraine.
As it was written above, StarSlax (SSLX) is a token of the SI8 cryptosocial network, it is based on the Stellar Distributed Ledger. It is used on the platform to monetize content and payments. It can also be used to pay for the Premium subscription on the SI8 social network.
10,000,000,000 SSLX were released. The issuer's account was soon blocked, and an additional issue is no longer possible.
At the time of writing, the token is trading at the rate of $0.004. The market capitalization is $40,332,530, and the daily trading volume is $52,819.
Tokens are brought to the market in the amount of 1% of the total issue per month, approximately 138,888 SSLX. At this rate, the total time for the withdrawal of all tokens will be 8 years.
Why is it profitable to buy SSLX now?
- Rather small price of SSLX. As of today (November 26, 2022), under the terms of the Whitelist, the coin has a rate of 0.004 US dollars, that is, less than 1 cent. That is, by buying a token now, after a while it will be possible to sell it several times more expensive.
- Token availability. Since the issue of the token is limited and will not be able to increase in any way in the future, as it enters the general market, the cost of the SSLX token itself will also increase, while its presence in free access for sales decreases.
- Reliability and security of the Sl8 crypto. Finding a successful, and even more reliable, platform in the crypt at the Whitelist or initial placement stage is quite a rare phenomenon. There are more and more scam projects over the years. Slate not only demonstrates a high degree of reliability and an understandable investment strategy, but also provides the opportunity to buy back its own tokens at the expense of the organization's reserves.
How to buy SSLX token?
You can buy SSLX tokens in several ways:
- when converting currencies on the SI8 platform itself;
- in the LOBSTR application (wallet from Stellar);
- crypto exchanges WhiteBit, Binance;
- on StellarTerm through offers;
- use the services of a crypto exchange Coin24.io.
Public sales of SSLX
Quite often, the Sl8 cryptosocial network conducts public sales in order to raise funds for the development and promotion of the project. There is often the best possible price for an SSLX token, as well as bonuses and gifts, provided that you take part in public sales rounds.
Forecast and development prospects of the project
Perhaps, Slate is still quite a "raw" application in technical terms and is inferior in its functionality to big giants such as Facebook, Instagram, TikTok, etc. But at the same time, the project developers are working quite actively to eliminate these errors and improve the social network.
And although the use of crypto in a social network may seem complicated to some, but, in fact, everything is quite simple and you can quickly figure it out.
After Meta began to implement its own special algorithms and new rules, Slate seems to be the absolute antonym of Facebook, Instagram, etc., because there are no such rules and restrictions. And the ability to monetize "likes" is generally a godsend for bloggers.
Therefore, it can be argued that the Sl8 project is quite promising. If everything goes according to the plan developed by the creators of the project, then the company's capitalization may multiply in the near future, and this, in turn, will bring profits many times higher than now.
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