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CryptoDate

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Blockchain
Ethereum
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News

Latvia Implements New Crypto Tax Legislation

Latvia has passed a new law changing the taxation of crypto investment account gains, focusing on withdrawals rather than individual trades.
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Son Min-ho

Significant Bitcoin Transfer from 2013 Wallet Sparks Market Speculation

An early Bitcoin holder has moved approximately 41,145 BTC from a dormant wallet, raising concerns and interest among traders.
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Ayman Ben Youssef

Cysic Halts Crosschain Bridge Following Token Creation Incident

Cysic has suspended its crosschain bridge after an attacker created 10 million unauthorized CYS tokens on BNB Chain and converted part of the supply into assets moved toward Ethereum.
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Tando Nkube

What is CryptoDate?

CryptoDate - a project, designed to take advantage of the irreplaceable ERC721 tokens on the Ethereum blockchain. Each date from 1000 to 3000 A.D. is presented in the form of the unique token and can be bought and sold.

Contents:

  1. What is CryptoDate?
  2. Blockchain resource characteristics
  3. Prospects for the development of dapp
crypto date

What is CryptoDate?

CryptoDate - a modern and unique product, that was created on the Ethereum base. The project doesn’t have a White Paper, but the principle of operation is quite simple. The main idea of the developer - the sale of each individual date. Thus, only one user can have this date. Accordingly, each asset is unique. You can sell your dates, buy others, but one way or another, they won’t be repeated.

When you buy the date, you are its owner on the blockchain. You can be proud to own the date or try to resell it in the secondary market. CryptoDate

How to deal with personal assets, each user decides for himself.

Blockchain resource characteristics

CryptoDate - the unique product that knows no analogues. This project has exciting and innovative features:

All metadata for the date is in the chain. Since the token is the date, no additional metadata is required. Although with each date there is an associated image. It’s a SVG file, displayed by the server. Thus, the value is the date itself.
The project is 100% compliant with the ERC721 specification. This means that assets can be sold in any secondary market. For example, Emoon supports CryptoDates trading.

The main difference of the resource - the server may fail, but the internal cost of the date won’t be lost. This aspect of CryptoDate is different from many ERC721 resources. Since they have all the important metadata, associated with external elements.

Prospects for the development of dapp

The platform doesn’t have a referral program. However, the project provides other benefits. For example, the purchase cost of the date is relatively inexpensive, about 0.003 ETH. Also, a big advantage is the lack of fees for the purchase and sale of dates. CryptoDate provides the opportunity to experiment and test the option of using the irreplaceable ERC721 tokens. ERC721 has many opportunities in the future:

  • property;
  • art;
  • music, etc.

But they won’t be realized until people feel themselves comfortable with this technology. To date, 35 CryptoDates have been purchased. It’ll be interesting to see what dates are acquired, moving forward and how the cost of dates will change over time. If you’re interested in the blockchain assets, CryptoDate - an attractive project for starting experiments. To learn more about all project news, you can subscribe to the resource page on Twitter.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.