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Watch Videos, Earn Free Crypto, and Be Your Own Boss on Odysee

MNabilAli

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Today we will be reviewing Odysee, that offers an alternative to centralized giant platforms like YouTube, where users have faced issues with censorship, demonetization, and content takedowns. Odysee platform aims to provide a decentralized WEB 3.0 where users can publish their content without fear of censorship or demonetization.

Odysee’s main website

What is Odysee?

Odysee is a decentralized media-sharing platform that is based on Lbry (pronounced “library”) blockchain protocol (LBC). One of the best things about Odysee is that you can earn money for your uploaded content by receiving tips in LBRY Credits (LBC), a cryptocurrency that is native to the LBRY network. You can also earn LBC coins by creating channels, watching videos, uploading media, referring friends, and participating in the community.

Odysee website is so similar to YouTube. As you navigate through the pages of the site, you’ll notice a striking resemblance to YouTube in terms of its overall design and layout but in a cleaner way. Once you log in to your account, you can easily upload your own videos or explore popular, new, and trending videos. The platform also allows you to save interesting videos to your Watch Later list for later viewing and re-watch videos you have previously browsed.

The platform is so similar YouTube

How to Get Started with Odysee

To get started on Odysee, users need to register an account and verify their identity. According to Odysee’ website, verification is necessary to ensure that the platform remains safe and secure. Once verified, users can start publishing their content on the platform.

Having a verified account will make you eligible to earn LBC coins. for watching videos, you must have a verified account on Odysee. In most cases, new account will be verified automatically, you can verify your account by clicking on the “Profile” icon in the top right corner of the Odysee website and following the instructions.

Odysee’s verification processes

Any new contents you upload to Odysee will take a little bit to available to everyone as all the uploaded content is stored on the LBRY blockchain, and each piece of content is assigned with a unique hash on the blockchian.

How to Earn LBRY Coins on Odysee

If you’re looking for a way to earn few crypto from your videos, Odysee is a great option. You can earn LBC coins by creating channels, watching videos, uploading media, referring friends, and participating in Odysee’s community.

Videos LBC Tips

You can earn LBC by receiving tips from other Odysee’s users. Once your account is verified, you will be eligible to receive LBC tips for your uploaded video contents. Users can send tips via LBC credit or via fiat money (using credit cards).

Tipping other users

Odysee Earn Per View

Odysee pays users a small amount of LBC for every video they watch. The amount of LBC you earn per view is based on the length of the video and the number of views it has received.

My wallet’s balance after watching a video hosted on Odysee

Other ways to earn LBC coins on

You can earn LBRY Credits (LBC) referring friends, and participating in the community.

Award for following a channel

Creating a New Channel on Odysee

Creating a new channel on Odysee is a straightforward process that can be completed in just a few simple steps. Odysee allows users to sync their current YouTube channels with their newly created Odysee channel, making it easy to transfer content from one platform to the other.

To create a new channel on Odysee, follow these steps:

  1. Go to the Odysee website and click on the “Create Account” button.
  2. Enter your email address and password, and then click on the “Create Account” button.
  3. You will be taken to the Odysee dashboard.
  4. Click on the “Create Channel” button.
  5. Enter the name of your channel and a brief description.
  6. Click on the “Create Channel” button.
Creating new channel

If you already have a YouTube channel with at least 100 subs and it’s content meets Odysee’s standards (original and quality content), you can easily sync its content to your Odysee’s channels.

Syncing my YouTube channels

Most likely you will be receiving the bellow rejection email if you synced content didn’t meet Odysee’s guidance

LBC/USD Price Chart

Our Conclusion

Odysee is a great platform for watching, sharing, and creating videos. With its decentralized, blockchain-based model and wide variety of features, Odysee is a great option for users who are looking for a more censorship-resistant and user-friendly video platform. Its integration with the LBRY protocol and use of blockchain technology makes it a unique and secure alternative to media platforms like YouTube or TikTok

Daily cryptocurrency trader, miner, technology enthusiast and a full time IT and security consultant. If you have any questions or comments please feel free to email him at [email protected]

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P2P NFT Trading Platform Faces Breach: Users Urged to Take Immediate Action

MNabilAli

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NFT Trader, a peer-to-peer (P2P) trading platform, recently experienced a security breach leading to the unauthorized transfer of significant NFT assets. The attacker, identified as 0x90…8fda, successfully made off with 37 Bored Ape Yacht Club (BAYC), 13 Mutant Ape Yacht Club (MAYC), 4 World of Women, and 6 VeeFriends NFTs, collectively valued at 1,080 ETH (approximately $2.4 million). Users are strongly advised to promptly revoke any authorization granted to the platform.

Initial reports, shared by Chinese crypto news reporter Colin Wu on social media, indicate that the pilfered NFTs were sent to the address 0x909F2159780e64143CF08f32dBBF56Ed19478fda (link to tweet). An on-chain message from the address holder, claiming the role of a “scavenger,” refutes allegations of hacking the P2P trading platform. Instead, they assert rescuing the NFTs with the intention of returning them.

Further information reveals that the alleged real hacker’s address is 0x3dc115307c7b79e9ff0afe4c1a0796c22e366a47b47ed2d82194bcd59bb4bd46.

NFT Trader has acknowledged the security incident and disclosed that the attack targeted old smart contracts. In response, the platform is advising users to remove delegations via Revoke.cash from the following addresses:

  • 0xc310e760778ecbca4c65b6c559874757a4c4ece0
  • 0x13d8faF4A690f5AE52E2D2C52938d1167057B9af

Despite being relatively unknown among NFT traders, NFT Trader’s website identifies its CEO as John Pak, collaborating with co-founders Mattia Migliore and an individual using the pseudonym “Bruckzr” (link to tweet).

On social media, an NFT collector (@dingalingts) has urged traders to “revoke approval to their contract ASAP” for those who have engaged with NFT Trader previously. The stolen digital assets, which exceed $2 million in value, include 37 BAYC, 13 MAYC, 4 World of Women, and 6 VeeFriends.

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Uphold Exchange Announces Evernode Airdrop for XRP Holders

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Uphold exchange has revealed its support for the upcoming Evernode Airdrop. The airdrop, exclusively for XRP holders, promises to reward participants with EVRS tokens.

The Evernode Airdrop: What You Need to Know

Scheduled for September 1, 2023, at 6:00 PM AEST (8:00 AM UTC), the Evernode Airdrop snapshot is poised to capture the XRP holdings of participants. This snapshot is a pivotal moment as it forms the basis for determining the proportion of EVRS tokens that qualifying XRP holders will receive. It’s important to note that this snapshot will consider XRP holdings up to a limit of 50,000 XRP tokens, ensuring a level playing field for all participants.

The fairness and equality of the distribution process is a core principle of this airdrop. Uphold is keen on ensuring that participants receive EVRS tokens in a manner that reflects their XRP holdings accurately. This approach not only promotes inclusivity but also reflects Uphold’s dedication to creating value for its user base.

Factors Influencing Airdrop Date and Availability

While the snapshot is scheduled for September 1, the airdrop date itself remains contingent on various external factors. Particularly, the launch of the new Xahau Network holds sway over the timeline. Uphold is steadfast in keeping its users informed about any updates regarding the airdrop’s timeline. Participants should be aware that initial access to EVRS tokens on the Uphold exchange might be limited. Uphold’s stringent listing criteria and liquidity requirements must be met before the tokens become fully tradable.

Qualification and Distribution Process

Participating in the Evernode Airdrop is refreshingly straightforward. To qualify, users need only hold XRP in their Uphold accounts at the time of the snapshot. The distribution of EVRS tokens to eligible participants will occur once the Evernode project finalizes the airdrop date and completes the process. This ensures that participants who met the qualification criteria during the snapshot will receive their rightful share of EVRS tokens.

Exploring Ripple XRP: A Unique Blockchain Perspective

As the Evernode Airdrop garners attention, it’s an opportune moment to delve into Ripple XRP’s distinct blockchain characteristics. Unlike many other cryptocurrencies, XRP is not mined. Instead, all 100 billion XRP tokens were created when the blockchain was established. This approach fosters stability and predictability within the XRP ecosystem.

One of XRP’s primary use cases is its role as a bridge currency for cross-border transactions. Ripple’s network and technology enable seamless and efficient cross-border payments, transcending the limitations of traditional systems. The platform’s speed and low transaction costs position it as a viable alternative to conventional remittance methods.

Additionally, XRP’s consensus mechanism deviates from the energy-intensive proof-of-work (PoW) approach used by Bitcoin. XRP employs the consensus protocol to validate transactions, enabling faster transaction settlement times and energy efficiency.

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Vietnam’s Crypto Crackdown: Authorities Investigate Pi Network

MNabilAli

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Vietnamese authorities have launched an investigation into the activities surrounding the Pi cryptocurrency, citing concerns over its complex and unregulated nature. The Department of Cybersecurity and High-Tech Crime Prevention expressed apprehension regarding the high-income potential and multi-level marketing resemblances associated with cryptocurrency models like Pi.

According to Vietnam Express, the investigation aims to address the risks posed by such ventures and protect investors from potential fraud and data breaches. This article delves into the recent developments surrounding the Pi cryptocurrency in Vietnam and the concerns raised by authorities.

Le Xuan Minh, the head of the Department of Cybersecurity and High-Tech Crime Prevention, highlighted the increasing complexity and unmanaged nature of cryptocurrency models like Pi. He noted instances where individuals have been coerced by cryptocurrency promoters into participating in business models resembling multi-level marketing schemes. Multiple police forces across localities are actively investigating activities related to the Pi cryptocurrency. Authorities caution the public against investing in cryptocurrency models offering abnormally high profit margins or employing multi-level marketing strategies due to the associated risks.

The Pi Network, which emerged in 2019, experienced a surge in popularity in Vietnam during 2021. However, concerns have been raised regarding the lack of transparency exhibited by the cryptocurrency. Experts in the field of blockchain have emphasized the potential for Pi to be misused for fraudulent activities or unauthorized data collection. Despite these concerns, many individuals still hold faith in Pi, often under the assumption that they have nothing to lose by participating. However, they unknowingly expose themselves to the risk of personal data theft.

Cryptocurrencies are not recognized as legal tender in Vietnam. Engaging in activities such as issuing, trading, or using cryptocurrencies for payment can lead to penalties of up to VND100 million (US$4,240). The ongoing investigation into Pi cryptocurrency serves as a reminder that individuals should exercise caution when participating in unregulated crypto ventures.

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