A Complete Cryptocurrency & Blockchain Guide For Beginners - Smart Gamer Club

Beginners Guide To Blockchain and Crypto

cryptocurrency guide for beginners

Superone Online Trivia Gaming App Launch May 12, 2022 – Discover The Power Of the Blochain & Crypto While Earning Rewards Paid In Real Time

Blockchain, Exchanges & DeFi – Discover how to make it work for you.

Beginners Guide To Blockchain and Crypto

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The cryptocurrency market continues to make headlines for its volatile growth, skyrocketing value, and newly minted millionaires. Early buyers are cashing in on enormous rewards, and newcomers are looking to stake their own claim on this dynamic, high-value market.

But you can’t reliably make money off of cryptocurrency without knowing what it is, how it works, and what makes it so valuable. Understanding the technology behind cryptocurrency unlocks its huge earning potential.

What Is Cryptocurrency?

Cryptocurrency – often simply called “crypto” – is a digital medium of exchange. Popular cryptocurrencies like Bitcoin use a technology called blockchain cryptography to secure value and prevent counterfeiting. 

Cryptocurrencies issue value in the form of tokens, which are the digital equivalent of banknotes and coins. Any individual or business can decide to accept your cryptocurrency token as payment in a transaction. Tokens themselves are just bits of encrypted code that prove ownership in a certain amount of cryptocurrency.

The easiest way to understand cryptocurrency is through comparison. Let’s take the United States Dollar, for example. 

Dollars are a currency minted by the Federal Reserve and secured by the United States government. Before the 20th century, US dollars were secured by gold. This meant that every US banknote was, in fact, a “token” that proved ownership in a specific amount of gold.

Now, dollars – and, by extension, all of the world’s government-backed currencies– only have value relative to the value of other currencies. Instead of being tied to the gold standard, today’s government-backed currencies are “floating.”

Cryptocurrency works in the same way, except that there is no need for a government to secure the currency against fraud and counterfeiting. Blockchain technology does that work for you, making it near-impossible to create fake cryptocurrencies or fraudulent crypto-transactions using today’s technology.

The United States government alone spends millions of dollars every year trying to combat counterfeiting. Yet one out of every 10,000 genuine dollars in circulation is counterfeit. But cryptocurrencies that use secure blockchain technology cannot be counterfeited.

How Cryptocurrency Works – Blockchain Technology Explained

Blockchain is a recordkeeping technology with a simple core concept. Blockchain ledgers store data in “blocks” that are arranged chronologically. The first block in the chain is the oldest, and the last block is the newest.

Cryptocurrencies use blockchain technology to record transactions. This means that every token on the blockchain network has a unique history, recorded on the blockchain, that contains information about every transaction it has ever been a part of.

This ledger is shared and verified by every individual who holds that cryptocurrency’s token. In order for any transaction to take place, it needs to be verified by other members in the network. 

Early cryptocurrencies use a verification process that involves computing the result of a complex cryptographic equation. Once every member verifies the result, the transaction is irreversibly recorded to the chain.

This prevents counterfeiting and double-spending. In order to generate a counterfeit cryptocurrency token, a hacker would have to compromise the majority of devices on the blockchain network. This would demand resources and information no current technology can provide.

For everyday cryptocurrency users, blockchain technology fulfills a simple need. It lets people transfer value to each other in a secure way. Importantly, it doesn’t require those people to trust one another. It doesn’t even require them to trust a bank or a government-backed fiscal authority. 

Blockchain technology only requires that a system of users contribute computing resources to maintaining the network. This is what blockchain pioneers like Hyperfund mean by “decentralized finance,” or DeFi. Instead of being centralized in a bank or government institution, transaction data is distributed throughout the entire network in a transparent way.

Mining: How to Mint New Cryptocurrency Tokens

How to Mint New Cryptocurrency Tokens

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So far, we’ve covered some of the main ways blockchain makes secure cryptocurrency transactions possible. There is no need for banks or governments to secure cryptocurrency transactions, but there is one more thing that these institutions typically do – print money.

Instead of relying on a central authority to mint new tokens, blockchain-based cryptocurrencies allow anyone to create new tokens from scratch. This process is called mining, and every individual cryptocurrency has its own method. 

Mining is built into the blockchain system – you cannot swap one method for another. Some of the most popular examples of mining methods include:

  • Proof-of-Work. The earliest mining solution, Proof-of-Work, requires miners to solve increasingly complex equations to mint new tokens. This method requires miners to purchase powerful purpose-built devices that can solve these equations quickly, reducing the amount of time it takes to create significant value. This method generally favors huge organizations with the resources necessary to build large-scale server farms, leaving individuals at a disadvantage.
  • Proof-of-Stake. This mining solution does not depend on hardware computing power. Instead, it assigns a “stake” to each participant in the network based on how many tokens they have. Owning tokens allows users to produce new blocks. If someone owns 1% of all the tokens in a Proof-of-Stake system, they will produce 1% of all new blocks added to the system.
  • Proof-of-Authority. This system establishes a level playing field between users indifferent to their computing capacity or ownership stake. In theory, it can create a perfectly democratic system where every token holder has an equal voice. In practice, we have yet to see a well-established, reliable Proof-of-Authority system in action.
  • Hybrid Mining. Many cryptocurrencies use a combination of mining methods to produce new tokens. These solutions can be very complex, but they also balance some of the disadvantages that pure systems often have. Hybrid mining systems often emerge when one group of users feels disadvantaged compared to some other group of users or when the cost of creating new tokens becomes too high.

In general, mining is a technically demanding activity that demands deep knowledge of the inner workings of a particular blockchain network. Anyone can become a cryptocurrency miner, but the most successful tend to be people with highly specialized technical experience.

What Gives Cryptocurrency Its Value?

What Gives Cryptocurrency Its Value?

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The first thing that attracts most people to cryptocurrency is its ability to generate wealth. At this point, everyone has heard stories of cryptocurrency millionaires who turned small sums of money into multi-million dollar empires. Early cryptocurrency investors have earned history-making sums by waiting for the value of their investments to climb.

But in order to turn a few hundred dollars into a few million, all of that extra value has to come from somewhere. Cryptocurrency investors are not printing money. Instead, they are cashing in on the speculative value of the specific crypto token in question.

In these examples, cryptocurrencies gain value from investor sentiment, much like the way shares of public company stock do on a stock exchange. This is partly why the IRS treats cryptocurrency as property and requires US taxpayers to report capital gains on their investments.

But not all cryptocurrencies are purely speculative. Ultimately, cryptocurrencies are designed to facilitate transactions. In many cases, the value of a cryptocurrency token is tied to the value of the blockchain network that it operates on. In order to use the blockchain network, you must buy and use the appropriate token.

Let’s use Ethereum as an example. You cannot use the Ethereum blockchain platform without first purchasing Ether. Your Ether tokens fuel the transactions you make inside the Ethereum network. If you run out of tokens, you lose access to the network. As a result, the price of a single Ether depends on the overall demand for the Ethereum network itself.

When major organizations like Amazon and JP Morgan announce that they are Ethereum’s blockchain technology, it creates a sudden influx of demand, and the price of a single token rises. If those organizations abandon their Ethereum projects tomorrow, the price will almost certainly fall as a result.

In this way, cryptocurrency tokens are much like casino chips. You cannot play any of the casino’s games without first buying chips. The major difference is that the price of individual chips can change based on how much interest there is in that particular casino. 

Instead of merely gambling their chips with one another (although many crypto traders do exactly that), people are using them to create innovative technologies that solve important real-world problems.

Important Concepts for Measuring Cryptocurrency Value

All currencies – crypto and otherwise – follow the same basic laws of economics. There are a few universal ground rules that any unregulated free market system will generally follow, and they depend on these concepts:

  • Scarcity. Scarcity is vital to judging the value of any asset. When governments try to pay their way out of debt by printing money, the value of the money tends to go down. This is called inflation. Many cryptocurrencies (but not all) limit the number of tokens that can exist, creating a built-in defense against inflation. The lower the number of tokens on the market, the higher the price of a single token can go.
  • Market Capitalization. This figure shows how much wealth is currently locked in the cryptocurrency system. Calculating it is easy. Simply multiply the price of a single token by the total number of tokens in circulation. This tells you exactly how valuable the cryptocurrency system is as a whole.
  • Liquidity. Liquidity refers to the ease with which assets transfer from one person to another in a transaction. In order for someone to buy a cryptocurrency token, someone else must sell theirs. Popular cryptocurrencies tend to be highly liquid environments, while little-known ones are much less liquid. This can create friction when trying to buy or sell at a specific price or time.
  • Trading Volume. This is one of the most prominent trading metrics that professionals use when analyzing cryptocurrency markets. Volume refers to the number of individual transactions made in a certain cryptocurrency over a period of time (usually 24 hours). Higher trading volumes typically correlate to rising prices, while lower volumes indicate a lack of interest.

Keep in mind that this is just a basic introduction. Professional cryptocurrency traders use a wide variety of financial and economic analysis tools to identify investment opportunities. Sometimes their strategies pay off, and sometimes they don’t. As with any asset market, cryptocurrency price fluctuations go both up and down.

Which Cryptocurrencies Are the Most Valuable?

Which Cryptocurrencies Are the Most Valuable?

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The cryptocurrency market is highly volatile. Since the price of a single cryptocurrency token changes so rapidly, it’s hard to make an accurate list of the ten most valuable cryptocurrencies. If you try to rank cryptocurrencies by their market capitalization value, it might change by the time you finish writing the list. This is why coin exchanges update their pricing information thousands of times per day.

However, it is possible to rank cryptocurrencies by their highest market capitalization record. This list ranks the top cryptocurrencies by their highest-ever market capitalizations as of June 2021:

  1. Bitcoin – $1.2 Trillion

Bitcoin reached a market capitalization of $1.2 trillion in April 2021, becoming the fastest-growing asset in history. In comparison, it took Microsoft and Apple more than four decades to reach $1 trillion in market capitalization, while Amazon and Google took more than two decades to do the same. Bitcoin reached this lofty achievement only 12 years after being released to the public.

  1. Ether – $500 Billion

In May 2021, Ether reached a total market capitalization value of $505 billion. This placed the value of the Ethereum network above giant multinational finance firms like JP Morgan ($480 billion) and Visa ($496 billion).

  1. Dogecoin – $84 Billion

Dogecoin started out as a joke cryptocurrency based on an Internet meme that describes the internal monologue of a Shiba Inu dog. In May 2021, celebrity investors like Elon Musk and Mark Cuban helped to propel Dogecoin to its highest market capitalization ever. At the height of this surge, the Dogecoin network was worth more than 80% of companies in the S&P 500.

  1. Tether – $63 Billion

Tether is uniquely designed to resist volatility and price fluctuation – a single Tether token always costs $1 USD. This makes it useful for cryptocurrency traders who want to use USD as a stable intermediary between volatile cryptocurrencies. In May 2021, the total value of all Tether in existence was more than $60 billion, making it the world’s most valuable stablecoin.

  1. Cardano – $50 Billion

The Cardano network is a fully decentralized open-source solution that relies on proof-of-stake token ADA. In June 2021, Cardano hit its highest-ever market capitalization of $50 billion, putting its value between the online gaming platform Roblox ($49 billion) and telecommunications giant Vodafone ($51 billion).

How to Evaluate a Cryptocurrency

Almost all of the world’s top cryptocurrencies have one thing in common – they all started at less than $1 per token. Many of them started at less than a few cents per token or even a fraction of a cent. Obviously, early adopters who paid these rock-bottom prices are the ones who earn the most once the token surges upwards in value.

If you bought $100 worth of Bitcoin at $0.10 each in October 2010, then sold at its peak in April 2021, you would have roughly $63 million in profit – a 6300000% return!

But there’s no way to go back in time and make that investment. Today, cryptocurrency enthusiasts are looking for brand-new tokens they hope will rise to similar heights. Thousands of people all across the world are trying to figure out how to identify the next big cryptocurrency.

The things that cryptocurrency professionals look for when evaluating cryptocurrencies include:

  • Uniqueness. When Bitcoin came out, it was an entirely unique asset class. There are now thousands of cryptocurrencies on the market, and many of them are fundamentally similar to one another. Finding a truly unique asset in this space is harder now than it was ten years ago.
  • Resistance Against Inflation. Even valuable currencies can go under if they are consistently devalued by the constant creation of new tokens. High-quality cryptocurrencies typically include some mechanism of resisting inflation, such as limiting supply or destroying excess capacity in regular intervals.
  • A Valuable Network or Framework. Ultimately, the value of any currency is tied to the goods and services it can buy. Cryptocurrency tokens often fuel technological networks that provide goods and services to users, so the value of the network is a major part of any token’s price.
  • A Reputable Team. Unfortunately, the world of cryptocurrency has seen its share of fraudsters, hackers, and financial abusers. Performing due diligence on a new cryptocurrency always involves getting to know the team behind it and understanding their motives. 

How Do Cryptocurrency Exchanges Work?

In order to buy and sell cryptocurrency, you must use an exchange. Cryptocurrency exchanges are trading platforms that operate similarly to the way stock brokerages work. They offer up-to-date pricing information on a large list of cryptocurrencies and connect buyers with sellers when making transactions.

Like stock brokerages, every cryptocurrency exchange is a little different. As an individual user, you might choose a specific exchange over another one because it has a more intuitive user interface or because it offers access to a little-known asset that other exchanges don’t have. Regulations may also differ between exchanges that are headquartered in different countries.

Most exchanges ask new users to sign up, complete some regulatory forms, and fund their digital wallet in order to start trading. Some exchanges allow users to fund their wallets directly from fiat currency bank accounts, while others can only accept cryptocurrency payments – which means users must already have a wallet with another exchange.

How Do Cryptocurrency Exchanges Work?

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The main characteristics that cryptocurrency enthusiasts look for in exchanges include:

  1. Accessibility

Both your location as the location of the exchange can impact the way finance regulators interpret your cryptocurrency assets and profits. China, for example, has banned its citizens from accessing cryptocurrency exchanges entirely.

In the United States, different states have varying levels of regulation. New York requires exchanges to obtain a license before operating within the state and only allows them to offer pre-approved tokens. Other states are far less restrictive than New York, but by far the most crypto-friendly place for United States citizens is Puerto Rico.

  1. Security

Since cryptocurrency tokens are not backed by any centralized institution or government, digital wallet holdings are not protected the way bank accounts are. That means that cryptocurrency holdings are not FDIC-protected.

While cryptocurrencies are much harder to steal than fiat currencies, that does not mean it is impossible. Cybercriminals who have given up on trying to break the cryptographic algorithms that underlie token value have begun taking on the exchanges themselves. With millions of dollars in cryptocurrencies on the line, exchanges need to offer best-in-class cybersecurity to their users.

  1. Fees

Anyone looking to buy or sell cryptocurrency on an exchange should be aware that every exchange has a unique fee structure. In general, the easier it is to sign up and buy cryptocurrency, the higher the corresponding fees will be. The least expensive exchanges usually require a significant amount of technical knowledge from their users.

Most exchanges charge fees on a per-transaction basis, and some charge different fees to buyers and sellers. Some exchanges even charge different fees for different cryptocurrencies, which can make optimizing your purchase a difficult and complex process. 

  1. Liquidity

In order for someone to buy cryptocurrency, someone else must sell. Exchanges do the work of matching buyers and sellers in an automated way. Small exchanges may not have as high a trading volume as large exchanges, which makes it harder for them to perform the matching process.

This is especially important for cryptocurrencies because their prices can change so quickly. For example, you might tell your exchange to buy a Bitcoin once its price goes below $30,000. The price dips later that afternoon, so the exchange starts the process of matching you to a seller. If that process takes too long, the price itself might rise up well above the $30,000 mark you expected to pay. 

  1. Selection

No single exchange will offer you access to every single cryptocurrency on the market. Most exchanges offer access to the biggest and most popular tokens, but it can be difficult to find brand new options on major exchanges. 

Smaller exchanges are more likely to carry cryptocurrencies that are new, have a very small market capitalization, or a very specific use case. This is one of the main reasons why many cryptocurrency enthusiasts open accounts with multiple exchanges.

  1. Educational Tools

Blockchain technology is a complex technical discipline. The most successful cryptocurrency enthusiasts are the ones who develop a deep understanding of the technology behind the cryptocurrencies they hold. Many exchanges offer ongoing education about cryptocurrency topics, helping their users make better decisions about their accounts.

Education is particularly important for cryptocurrency newcomers. The world of blockchain technology is constantly changing, and keeping up-to-date on new developments is key to making profitable long-term decisions. Some exchanges offer new users rewards for learning about new coins or signing up for online courses that cover blockchain technology topics.

Digital Wallets Explained

If cryptocurrency exchanges are like banks, digital wallets are like bank accounts. Your wallet contains a collection of all the cryptocurrency tokens you own at any given point. You can have multiple wallets with multiple exchanges open at the same time – and many professional cryptocurrency traders do.

Since cryptocurrency tokens are not physical coins, your digital wallet is actually a small database. It contains cryptographically secure code (called private keys) that references the specific tokens you have purchased on the blockchain. These keys are secret and should not be shared with anyone.

Your wallet also contains a public-facing key that allows other users to transfer money to your account. This key is only used for receiving cryptocurrency and doesn’t have to be secret at all. In fact, many charities, content creators, and regular people post these keys online to solicit donations. 

The public address of Bitcoin’s reclusive pseudonymous founder Satoshi Nakamoto is well-known. People have been sending varying amounts of Bitcoin to that address for years, presumably as donations.

Top 5 Cryptocurrency Exchanges

  1. Coinbase

Coinbase is the largest cryptocurrency exchange in the United States, and it is the first to trade as a public company on the New York Stock Exchange. Coinbase accepts fiat currency payments in USD, EUR, and GBP, making it an ideal starting point for cryptocurrency newcomers. With just over 70 individual tokens on offer, it has a smaller selection than many other exchanges, but it does this to ensure only the highest-quality cryptocurrencies make its list.

  1. Binance

Based in the Cayman Islands, Binance became the largest cryptocurrency exchange in the world by trading volume in early 2021. In 2019, the United States government banned Binance on regulatory grounds. The company responded by starting a US-only version of its exchange called Binance.US. While the two exchanges are owned by the same company, they have different fee structures and support different fiat currencies.

  1. Kraken

Kraken is a cryptocurrency exchange based in San Francisco, California. It is available to residents of 48 US states and 176 countries and lists 70 unique cryptocurrencies for trade. It supports fiat currency payments in seven currencies, including USD, EUR, and GBP.  Kraken is popular among cryptocurrency traders both in the United States and abroad.

  1. Huobi

Huobi is a Chinese-founded cryptocurrency exchange currently based in Seychelles, with offices throughout Eastern Asia and the United States. It still operates within China as a blockchain consulting and research platform but does not allow Chinese residents to withdraw cryptocurrency. Huobi accepts payments in 50 different fiat currencies and offers access to more than 300 cryptocurrency tokens.

  1. KuCoin

KuCoin is a popular cryptocurrency exchange that offers access to more than 300 different tokens. Unlike the other top exchanges, KuCoin does not allow users to pay with fiat currency. However, this allows it to charge some of the lowest rates and transfer fees in the cryptocurrency market. Like Huobi, it is based in Seychelles, with offices throughout the world.

How Can I Use Cryptocurrency to Create Wealth?

How Can I Use Cryptocurrency to Create Wealth?

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Most people get interested in cryptocurrency as a way to create wealth. The ability to turn a relatively small investment into a huge profit attracts thousands of new users to cryptocurrency exchanges every day. There are three main ways to make money with cryptocurrency, and we’re going to cover each one in detail:

  • Investment and Trading
  • Mining
  • Rewards and Membership Programs

Each of these has a unique set of advantages and drawbacks. Some people focus on one strategy while ignoring the other two, while others try to participate in all three. Learning more about how each strategy works will help you identify the best way to create wealth for yourself:

  1. Investment and Trading

Investing is one of the simplest ways to make money with cryptocurrency, but it’s also the riskiest. If you purchase a large number of cryptocurrency tokens at a low price and then sell them for a much higher price, you can earn significant returns. This is how many of today’s bitcoin billionaires got their start.

Many cryptocurrency investors look for promising new cryptocurrencies to buy and then hold onto those tokens for years hoping for an eventual payday. Sometimes it pays off, and sometimes it doesn’t. More than a thousand cryptocurrencies have failed, leaving their investors with empty accounts.

Trading is a more involved approach. A cryptocurrency day trader might purchase and sell a dozen different cryptocurrencies in a single day. These people are usually looking to make small but significant gains cumulatively over time. Successful trading takes a great deal of patience and skill, alongside an encyclopedic knowledge of the cryptocurrency market.

  1. Cryptocurrency Mining

Mining is another valuable way to get into cryptocurrency. Instead of holding speculative investments or trading between different currencies, miners simply create new currencies from scratch. This often involves buying dedicated mining hardware, but not always. Unlike investors and traders, miners usually concentrate on a single cryptocurrency.

Mining is a highly technical process with a high barrier to entry. Even if a particular cryptocurrency doesn’t require miners to purchase expensive equipment, it almost always involves a significant investment of time and education. People with backgrounds in computer science have a distinct advantage when it comes to cryptocurrency mining, as do experienced cryptocurrency enthusiasts who know the market very well.

Becoming a successful miner means choosing the right cryptocurrency to mine. Since this often requires a significant upfront investment, it might take years for miners to start making profit. Mining isn’t recommended for newcomers who don’t have access to significant capital.

  1. Rewards and Membership Programs

Blockchain-based rewards and loyalty programs have become an increasingly popular way to introduce newcomers to the world of cryptocurrency. These programs use blockchain technology to rewards customers for completing transactions by offering them access to cryptocurrency assets within a membership community.

This allows blockchain-based rewards and loyalty programs to offer instant redemption for their earnings. Some platforms even allow users to trade redemption points between themselves, turning rewards points into viable media of exchange. This is a vast improvement over traditional membership community programs, which have struggled to offer valuable rewards to members for years. 

Like many other parts of the cryptocurrency industry, early adopters have the most to earn from these kinds of programs. This is especially true for membership communities that offer cryptocurrency tokens to new users like Hyperfund. As the token becomes more valuable over time, it enables more significant rewards.

What’s the Best Way to Get Into Crypto Today?

The cryptocurrency industry is constantly changing. Today’s investors, traders, and miners are all looking for opportunities to build successful portfolios that can appreciate in value while resisting market downturns. But today’s market is very different from the market of the last decade.

While a lucky few are earning significant income through speculative investments in new cryptocurrencies, nobody is earning the kind of value that Bitcoin’s early adopters earned. Investing in Bitcoin today is not likely to generate anywhere near the amount of wealth that it would have ten years ago.

The well-established cryptocurrencies like Bitcoin, Ether, and even Dogecoin have already earned major paydays for their early investors. While it’s not impossible to get life-changing results from any of these investments, it’s substantially less likely now that there are hundreds of competing cryptocurrencies on the market.

The fact that cryptocurrency markets are so volatile is a huge disadvantage for newcomers today. There is simply no surefire way to predict how any cryptocurrency is going to do over the next few years – it could go up or go down, and even the industry’s best professionals make mistakes sometimes.

This makes investment – and, by extension, mining – less attractive for today’s cryptocurrency newcomers. Anyone who doesn’t already have millions of dollars to invest is unlikely to see major gains unless they are unusually well-informed or especially lucky.

Rewards and membership programs, on the other hand, are among the most consistent earners available in the world of blockchain. Since they are connected to reputable platforms that earn consistent results, there is much less volatility involved. Instead, they give newcomers a chance to align themselves with cryptocurrency leaders who have a proven track record.

What Is Decentralized Finance (DeFi)?

What Is Decentralized Finance (DeFi)?

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Decentralized Finance – or DeFi for short – is all about openness, fairness, and connectivity. Instead of sending money through a complex network of closed-door interactions between banks, DeFi allows people to send money directly, from one wallet to another, exactly like cash.

DeFi technology reduces fees, eliminates middlemen, and simplifies transactions between people across the world. Using DeFi solutions like Hyperfund, two people can exchange money, goods, and services across country borders without having to pay commissions, automated clearing house (ACH) charges, or currency conversion fees. Instead, sending money from one country to another is as simple and direct as pulling cash out of one wallet and dropping it in another.

DeFi technology

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INTRODUCING SUPERONE: THE REVOLUTION IN ONLINE TRIVIA GAMING AND CREATION

What if you could join a super-community of sports and entertainment fans who explore and compete in a virtual metaverse together—and even play against your favourite idols? Imagine competing against your favourite sports heroes in online trivia games! And what if you could earn money while doing it?

There’s no need to stay isolated when playing games online when billions of people share your passion. SuperOne—the Fandom Metaverse—is all about creating a next-level playing experience, providing a new gamified social network that’s revolutionizing how fans connect with idols and other fans online. 

We’re releasing this trivia gaming app in October 2022. Just in time for the FIFA World Championship in Football—held this year in Qatar.

Here’s the great news: You found us just before this market is about to really take off. There couldn’t be a better time. Sign up here to get the special pre-release we’ll send to folks with at least a $10 membership in late September! 

The First Engage-to-Earn Metaverse

SuperOne is the world’s first engage-to-earn creator metaverse. This disruptive new platform will bring together millions of people worldwide to play, interact, earn, and share their passion for sports and entertainment. For now, SuperOne is focused on football—or soccer, in the U.S.—but we’ll be expanding!

Think about it—why not earn while you play your favourite games and engage with a community of friends? These things are not mutually exclusive—you can have them all.

Three Ways to Engage

There are three ways to participate in SuperOne:

  1. Compete as a fan.
  2. Create elements for the ecosystem like NFTs and earn.
  3. Purchase “Lootbox” Options to buy a share in it’s future and earn 7 different revenue streams and be paid your rewards instantly in realtime.

Savvy gamers will take part in all three. As a metaverse, SuperOne features numerous “fandoms” that players can participate in. Fandoms are like virtual gaming cities built around a shared interest, allowing fans to play in their favourite sports and entertainment categories. 

This super-community—or fan ecosystem, if you will—gives players the social connectivity they crave. Plus, they’ll have the opportunity to explore a virtual world with myriad challenges to conquer, competing quests and missions alongside their peers.

They can also use their creative skills to design new elements of the metaverse, like NFTs. In turn, they’ll earn rewards—as in cash. And, of course, they can invest to earn still greater rewards. We’ll share exactly how that all works in a moment.

 Image source

SuperOne Purpose & Strategy

Despite the prevalence of social media, gamers and sports fans lack a real online community where they can share their passion. At least, until now. We envision SuperOne as the world’s biggest collection of fandoms, attracting billions of people to join a thriving community.

Connecting with other players one-on-one in the virtual realm creates a more vibrant game experience for everyone. Read on to learn how it works and why you should join the Smart Gamers Club.

Disrupting Mobile Advertising

The gaming market is approaching $300 billion, and online trivia gaming makes up a quarter of that market. Plus, trivia gaming is fast-growing by 7% annually. Now is the time to get in! This market is poised to grow fast, especially with the ingenuity of the SuperOne platform and community.

SuperOne works at the intersection of online gaming, crypto gaming, and mobile advertising—a rapidly growing area driven by digital-savvy Millennials. We disrupt mobile advertising with tokenization and cognitive segmentation, targeting an untapped focal point in a market that’s absolutely booming. (In plain speak, ads are incorporated into the metaverse, and players can earn instantly by viewing them.) 

We’re watching the tidal wave of mobile gaming build right now—poised to become a $700 billion industry—and we’re ready to ride it. Jump on board and ride the online trivia gaming wave with us!

Leveraging Social Influence

Research shows that social influences are what leads players to return to a game. When they see it mentioned on social media or hear friends talk about it over dinner, they come back. The social aspect of this platform will ramp up participation exponentially. 

Along those lines, 84% of online gamers feel it’s important to find the right community of players and that gaming helps them stay connected with those who share their interests. In 2020, interest in socially connected gaming took off, and it will only continue to skyrocket. After all, gaming has always been about connectivity—and mobile gaming is simply finding its way back to that focus. It taps into the social rewards that fuel happiness, enjoyment, and fulfilment.

But What About Earning Potential?

SuperOne empowers fans to make money from their own creations within this multiverse. If you become a superstar, the options are limitless! You’ll have your own Superstar Lootbox to track your earnings, bonuses, and tokens.

“Super” is our principal currency, and NFTs include Cards (game assets) and Spaces (brand assets) connected to the gameplay experience. Players can “seed” and collect NFT Card stories, earning a staking fee (essentially, rewards for holding an asset like a token). We’ve already published 150,000 NFTs and sold 30,000! 

SuperOne Design & Experiences

We have an exceptional team of 30+ creators to plan “tokenomics,” design strategies, listing, and trading, headed by our CEO Andreas Christensen.

Effective gamification doesn’t just add surface details like points or badges. Instead, it must shape the product’s core design.

In SuperOne, games feature swipe-to-earn pictures with compelling imagery and fun questions. You’ll also see NFTs for the hottest sports and entertainment icons. With all of these elements, SuperOne offers a robust gaming experience. 

Let’s dive further into the multiverse by looking at its key elements, shall we?

Branded Experiences

According to eMarketer, 82% of gamers prefer free apps with ads over paid apps without ads. So, brands will also offer branded trivia experiences that you can play for free. You’ll even earn a 5% staking fee! You can battle to win incredible rewards, too, such as exclusive NFT offerings and real-world brand experiences.

Battles and Brawls

Participants can compete in “battles” featuring battle-royale-style trivia games where the stakes are massive prizes based on entry fees. They can also take part in “brawls,” where fandoms can compete against their favourite icons. Imagine playing against Cristiano Ronaldo or Lionel Messi! 

You can challenge your friends to epic battles or make new friends in the multiverse. Share your achievements on social media—along with recorded sessions! You can even see which fans have the most in common with you and who’s in closest geographic proximity, then meet up in person if you like.

Hanging Out at the Park

Of course, fans may sometimes just want to chat about their shared interests. For that, they can meet in the “park” to mingle, talk, and invite one another to join in new challenges.

Fans also have a “home” in this virtual multiverse, where they can review their achievements or let friends see them. 

The Megastores

SuperOne also includes Megastores offering a wide range of NFTs that players can use to advance in the SuperOne world, moving from bronze to diamond level.

Nuts & Bolts

Our platform presents a hybrid solution: A private system coupled with permissioned and public blockchains. Offering extremely high processing power, it facilitates real-time transactions and storage of data like NFT Cards and Spaces. Plus, it offers cutting-edge security.

Benefits for Smart Gamers

Let’s return to the earning potential for users and investors. Using the SuperOne app, gamers can compete for monetary prizes. 

Participate in the Creator Economy

SuperOne offers a gamified creator economy where fans participate in the evolution of their fandoms—and earn. Influencers can earn 10% staking on all transactions. Some will even earn a full-time income from online trivia gaming! You can earn 1–30% referral bonuses as well. And payments are transferred instantly via the XRP Ripple token every day of the year through six payment options.

Invest in the Future of Gaming

Wise gamers will go a step further by investing in the SuperOne platform, becoming a Gold Member or higher for $1,000 to $50,000. Your Lootbox will increase accordingly! Members not only play for free but can replace their current annual income by sharing in the Global Revenue Pool.

Over the next couple of years (and beyond), we’ll be seeing enormous growth in the token industry. Investment in decentralized finance (DeFi), which lets people exchange currency directly—like digital cash—skyrocketed to a $250 billion market in 2021. According to Cointelegraph’s VORTECS Index, the average investor earns a 5% return per week. That equals a 1,000% return per year! GameFi, which combines gaming and DeFi, is positioned to explode in 2022. 

Own a stake in the future of the booming online trivia gaming market. Join the Smart Gamers Club today, and you’ll get to play the game before its big launch. Register here, and you’ll also get a $100 hotel stay card. 

Online trivia gaming is poised to sweep the world, and this is the moment to get on board. Congratulations on finding this opportunity in time—we can’t wait to take this journey together!

DON’T BELIEVE US?

That’s normal and we want to make sure you conduct a thorough due diligence of Superone and the Smart Gamers Club 

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Sources:

https://www.coindesk.com/math-behind-bitcoin

https://www.investopedia.com/terms/b/blockchain.asp

https://www.investopedia.com/articles/forex-currencies/092316/how-us-dollar-became-worlds-reserve-currency.asp

https://www.investopedia.com/terms/u/usd.asp

https://www.nerdwallet.com/article/investing/cryptocurrency-7-things-to-know#1.-what-is-cryptocurrency

https://www.investopedia.com/terms/c/cryptocurrency.asp

https://builtin.com/blockchain

Solving Inefficiencies Within Advertising

https://medium.com/@alexstargame/mining-101-types-of-blockchain-5708e724d611

Accenture, “Gaming Is the Next Super Platform”

https://www.accenture.com/us-en/insights/software-platforms/gaming-the-next-super-platform

eMarketer, “Relaxing with a Game? Enjoy an Ad”

https://www.insiderintelligence.com/content/mobile-gamers-more-receptive-to-ads

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