☕️The Morning Cup: Enjoy the World Cup fever with Poloniex ⚽

Good morning, good day, and good evening. Welcome back to The Morning Cup. It’s your weekly recap of the latest in crypto news and your start to the week, no matter where you are. Don’t worry, we’ve selected just what you need to stay up-to-date, so you won’t spend time pouring through the news you don’t need, only the news you care about.

⚽️First up, the World Cup is upon us and we’ve got you covered with our World Cup Carnival! Predict the winning team and get rewarded from now until December 24th!

You can’t miss these!

1. Poloniex X Chiliz AMA

Poloniex will host an AMA with Chiliz, the blockchain infrastructure, tomorrow to talk about how Web3 brings football fans closer together. Please click here to join the Twitter Space.

2. Poloniex X Peter Wong

Poloniex Exchange on Twitter: "Mr. Peter Wong, the entertaining football commentator in Hong Kong, talked to Poloniex ahead of the World Cup 2022⚽️In the first interview, Peter shared with us his views on fan tokens and sent his "blessings" to a few national teams.Read the interview https://t.co/b982DyqSgA pic.twitter.com/6YcVPAL1bt / Twitter"

Mr. Peter Wong, the entertaining football commentator in Hong Kong, talked to Poloniex ahead of the World Cup 2022⚽️In the first interview, Peter shared with us his views on fan tokens and sent his "blessings" to a few national teams.Read the interview https://t.co/b982DyqSgA pic.twitter.com/6YcVPAL1bt

Mr. Peter Wong, the most entertaining football pundit in Hong Kong, shared his views on fan tokens with Poloniex. Better known as “Peter the God” due to his not-too-accurate football predictions, he sent his blessings to a few national football teams again with his “golden mouth”, but this time, he carefully gave tips to football fans. Click here to read the interview.

So what happened this week?

BTC and ETH trade steadily though FTX contagion continues

While the crypto market is still digesting the FTX fallout, the two largest cryptocurrencies by market cap, Bitcoin (BTC) and Ether (ETH), traded steadily over the week. BTC is now trading at $16K by press time from below $15K at one point last week due to the fall of FTX. So far, BTC has avoided heavy losses even if FTX contagion is spreading in the crypto space. Meanwhile, the price of ETH is at $1,130 at the time of writing, which shows a bit of upward momentum compared with the last week’s data. As for the 24H gainers on Poloniex, they are FLOKI/USDT, FOAM/USDT, MVL/USDT, KUB/USDT, AVA/BTC, and TUSD/USDD.

Nike’s new Web3 Platform to drop Polygon-minted NFTs

The sports giant Nike launched a new Web3-themed website last Friday under the domain name: “.SWOOSH” to enable customers to co-create the future of the company.

As sports and culture are evolving, Nike plans to launch “.SWOOSH”, the Web3-related community, which will act as a home for Nike’s virtual creations, such as sneakers, apparel, accessories, and other collectibles. Members can wear these items in games or other immersive experiences.

With the designated wallet provided by Bitgo, members will be able to sell or transfer virtual creations in the near future. Members will also be able meet and greet Nike athletes, designers, and fans through the platform. Although “. SWOOSH” is now open for registration, the platform is still in a closed beta phase.

Despite no specific launch date, Vogue Business reported that the first NFT drop would be in January 2023 and it’s believed that “.SWOOSH” will launch NFT items minted on Polygon (MATIC). Nike’s latest move showed that the company is taking a further step into Web3 after the acquisition of RTFKT Studios, a digital fashion startup in December 2021.

Soon after the takeover, Nike launched a metaverse sneaker line called “RTFKT x Nike Dunk Genesis CryptoKicks”. But Nike restated that RTFKT is a Web3 native luxury brand and community while “. SWOOSH” aims to gather the Web3-curious for educational and communal purposes.

Polygon - MATIC 💜 on Twitter: "Grab your kicks 👟 + BRING 👏🏽 YOUR 👏🏽 A 👏🏽 GAME 👏🏽@Nike is building their web3 experiences exclusively #onPolygon 💪🏾This is the first step of the journey, and we can't wait to see how Nike engages its community through #web3https://t.co/bk19RLNodX / Twitter"

Grab your kicks 👟 + BRING 👏🏽 YOUR 👏🏽 A 👏🏽 GAME 👏🏽@Nike is building their web3 experiences exclusively #onPolygon 💪🏾This is the first step of the journey, and we can't wait to see how Nike engages its community through #web3https://t.co/bk19RLNodX

Vogue Business, Decrypt

Top five optimistic national fan tokens — Bitcoinist

Bitcoinist, a Bitcoin news portal, introduced five national fan tokens, including the Portugal National Football Team (POR) Token, the Argentine Football Association (ARG) Token, the Spain National Fan Token (SNFT), the Brazil National Team Fan Token (BFT), and the Peruvian National Football Team Fan Token (FPFT), that are worth noting because of their potential appreciations. Meanwhile, Dominic Coin (DMC) is the rising star in the fan token cohort according to the article, since the fan token is powered by TRON (TRX) with the endorsement of the Government of the Commonwealth of Dominica. To celebrate the World Cup with people around the globe, Poloniex listed ARG and POR with other fan tokens, which represent various football clubs. Click here to learn more.

Bitcoinist

New Listings on Poloniex

Here’s what we’ve listed recently:

Polopedia

Want to learn more about perpetual futures? We have just the article for you! Learn about funding rates and how they factor into your trading experience.

Redirecting you - Medium

Aptos (APT), one of our recent perpetual futures listings, was the subject of this week’s second Polopedia article!

Redirecting you - Medium

Crypto Glossary

This week, we will explain the term, Bag holder, which isn’t just limited to the crypto world, but it generally describes an investor who holds a position that decreases in value, but the holder still obstinately believes that he or she has made the right decision, until the assets descend into worthlessness. Ouch!

What’s happening here at Poloniex?

This is what Poloniex’s week looked like

Highlights for the week

Campaigns

Our recap of ongoing campaigns that YOU can get involved in!

Poloniex FIFA World Cup Carnival: Trade Fan Tokens to Split $100,000! (10/24–12/19/22)

Poloniex - Crypto Asset Exchange

$50,000 Giveaway to Celebrate the Listing of Velo (VELO)! (11/16–11/26/22)

$50,000 Giveaway to Celebrate the Listing of Velo (VELO)!

$40,000 Giveaway to Celebrate the Listing of Vita Inu (VINU)! (11/14–11/22/22)

$40,000 Giveaway to Celebrate the Listing of Vita Inu (VINU)!

VIP Futures Challenge for the Upcoming Lowest Trading Fees! (11/11–11/24/22)

VIP Futures Challenge for the Upcoming Lowest Trading Fees!

🧑‍🚀Space Traveller Campaigns to Celebrate the FIFA World Cup Qatar 2022! (Runs until December 2022)

Space Traveller Campaigns to Celebrate the FIFA World Cup Qatar 2022!

Become a Poloniex KOL to Win a Commission of up to 60% and Share 10,000 USDT (10/1–12/31/22)

Become a Poloniex KOL to Win a Commission of up to 60% and Share 10,000 USDT

The community megaphone📢

Highlights from the community

Poloniex Exchange on Twitter: "Congrats #Ecuador! 🇪🇨 What was the best moment of the match?#FIFAWorldCup #WCQatar22 #WolrdCup / Twitter"

Congrats #Ecuador! 🇪🇨 What was the best moment of the match?#FIFAWorldCup #WCQatar22 #WolrdCup

Poloniex Exchange on Twitter: "Finish the sentence: I'll keep my fingers crossed for...🤞⚽️ / Twitter"

Finish the sentence: I'll keep my fingers crossed for...🤞⚽️

Poloniex Exchange on Twitter: "Have you ever traded futures? Pss🤫 Sign up for the VIP Challenge to get up to $25 USDT https://t.co/6wVywfbsrU / Twitter"

Have you ever traded futures? Pss🤫 Sign up for the VIP Challenge to get up to $25 USDT https://t.co/6wVywfbsrU

Poloniex Exchange on Twitter: "✍️ Fill in: The first World Cup was held in ________ / Twitter"

✍️ Fill in: The first World Cup was held in ________

And that about covers it for this week! Curious about our campaigns or upcoming events? Give us a shout in our Telegram channel- https://t.me/PoloniexEnglish

Is there anything you’d want to see us cover in our newsletter? Make sure to comment on this Medium article! Just want to show your appreciation? Smash that clap button and give a round of applause👏

Thanks for spending some time with us as we went over what’s going on. And wherever you are, from the team here at Poloniex, good morning, good day, and good evening!

☕️The Morning Cup: Enjoy the World Cup fever with Poloniex ⚽ was originally published in The Poloniex blog on Medium, where people are continuing the conversation by highlighting and responding to this story.

Publication date

11/21/2022 - 04:54

Author

Poloniex

Article source

Disclaimer

The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.