♾ ABS 2024: Where Blockchain, Web3, and AI Converged
The Asia Blockchain Summit (ABS) 2024 is a major event that highlighted the latest trends and innovations in blockchain and Web3 technology.

? This year’s summit is a global event, uniting over 15,000 attendees from over 65 countries, offering a unique opportunity to connect with leaders and experts from diverse fields.

ABS 2024's overarching theme is “Prospering in the Plural World of AI and Web3", specifically focusing on the economic and sociopolitical impacts and governance frameworks.

? The event introduced "Plurality" as a new governance approach aimed at enhancing sustainability within the blockchain ecosystem.

Keynote speakers included prominent figures
*?Vitalik Buterin *- Ethereum founder*?Hester M. Pierce *- SEC Commissioner*?Audrey Tang *- Taiwan's Digital Minister*?Glen Weyl *- Economistand many more.

The summit also featured specialized summits such as the TON Summit and the Web3 Game Con, as well as major showcases from industry giants like Solana, TRON, and Polkadot.

?? Taiwan's role as a leading hub for Web3 innovation was a major highlight, with local tech giants ASUS and ACER, among others, showcasing their contributions to the blockchain space.

? The event provided a platform for meaningful discussions, collaborations, and networking opportunities, ultimately shaping the future trajectory of blockchain technology and its applications across various industries.​

*⭐️ BSCS Official Media Channels:*Website | Telegram | Substack | Twitter | Discussion

*✍️ Crypto Slang Terms #25: Your Guide to the Cryptoverse ?
? Ready to join *BSCS & explore five blockchain words? Let's improve your crypto knowledge!

ℹ️ Total Market Capitalization (Cap): A measurement used to determine the entire market capitalization of a specific asset or asset class.

*?? Example: Global cryptocurrency cap is $2.10 Trillion
*ℹ️ Total Supply: The complete number of coins/tokens that are created by a blockchain project during the project’s inception.
?? Example: $BSCS Total Supply is 397,747,735
ℹ️ Total Value Locked (TVL)**: A metric that measures the aggregate value of all crypto assets locked in decentralized finance (DeFi) protocols via smart contracts

*?? Example: $ETH TVL is $45.979 Billion*ℹ️ Traceability: The ability to track a transaction’s details, such as the transaction amount or the identities of the involved parties.

ℹ️ Tracking Cookie: A system deployed automatically when a user accesses a website, often with the hopes of collecting data used to influence a user’s online decisions.
? Lots of slang terms related to Blockchain exist. Find what you need to know about Crypto Slang Terms by BSCS!

*⭐️ BSCS Official Media Channels:*Website | Telegram | Substack | Twitter | Discussion

*? *BSCS "Bitcoin Pizza Day" Event - Winner Annoucement
It's time to reveal the winners of our Bitcoin Pizza Day celebration! We’re thrilled to see the community buzzing with excitement and optimism about the market!

*? Winner List (Twitter Username)@MubzyPablo@boontaw35989033@GinnyMaltb14475@J0HN_BEAR12@HuyenTranT1@far1mland5@orachan734@HqdPraew6111@BeningKantong@amsyarin2
*? Reward: 10 USDT/ each
ℹ️** Rewards will be distributed within 5-10 days from the announcement date to the winners Wallets

? Congratulations to all our lucky winners! Let's keep the positive vibes going!

*⭐️ BSCS Official Media Channels:
Website | Telegram | Substack | Twitter |* Discussion

*?* Better than Yesterday with BSCS #33: DePIN Explained

In** 2024, significant market shifts occurred, with some sectors outperforming others.

DePIN emerges as a promising sector with strong performances and potential future development.

? Let's find out what is DePIN with BSCS

*ℹ️ *What are DePINs?Decentralized Physical Infrastructure Networks (DePINs) are real-world infrastructures on-chain.

DePINs offer a community-driven, cost-effective means of scaling projects without relying on traditional, centralized models.

*ℹ️ *How does DePINs work?DePINs operate through 3 main components:
*? *Physical infrastructure controlled by a provider*? *Middleware connection to the blockchain*? *A public ledgerAdditionally, for DePINs to operate effectively, 4 distinct parties must be involved in the network
*? *Hardware (PRNs & DRNs)
*? *Hardware operators (Providers)
*? *Token
? Users

*ℹ️ *The Current DePIN Landscape
DePIN projects operate in six core business niches:
*? *Compute marketplaces*? *Wireless coverage*? *Wholesale data*? *Services marketplaces*? *Energy services*? *Vertical ad networks

Out of these six sectors, compute marketplaces have the most potential, making up the majority of the market capitalization of DePIN crypto projects.

*? Detailed article Here
?* Stay tuned as we wrap up everything else in part 2 of Better than Yesterday with BSCS about DePIN!

*⭐️ BSCS Official Media Channels:
Website | Telegram | Substack | Twitter |* Discussion

*✍️ Crypto Slang Terms #20: Your Guide to the Cryptoverse ?***

? Ready to join BSCS Crypto Slang Terms #19 and learn five new blockchain words? Let's improve your crypto knowledge!

▶ Stablecoin: A cryptocurrency designed to minimise price volatility, usually by pegging its value or supply against a physical asset.

*?? Example:* USDT, USDC, TUSD

▶ Staking: When you stake coins, you are effectively locking them away in a digital wallet for the purposes of maintaining the network.

You are rewarded with more coins/tokens when your wallet is staking, but it also means that you cannot trade these coins while they're locked up.

*?? Example: BNB Staking, BSCS Staking
▶ Stop order*: An instruction given by an investor when placing a buy or sell order on the market.

It sets a condition where they will automatically close their position if this condition is met (when the market reaches a certain rate).*▶ *Tokenomics: The study of how different variables within an economy impact each other and affect the decision making process.

It is a branch of economics that looks at how different classes of assets, which have a monetary value attached to them, affect the dynamics within an economy.

?? Example: Any blockchain project tokenomics, such as BSCS

*▶️ *Tokens: A unit of value used for various purposes within a crypto ecosystem.

Tokens can represent any asset, from commodities like gold or coffee beans, to loyalty points, real estate, or even other cryptocurrencies.

?? Example: BSCS token
*? Lots of slang terms related to Blockchain exist. Find what you need to know about *Crypto Slang Terms by BSCS!

*⭐️ BSCS Official Media Channels:
Website | Telegram | Substack | Twitter |* Discussion

*? *BSCS "Chat Festival" Event - Only 5 Days Left! ?
⌛ The clock is ticking, and the "Chat Festival" is almost over! Hurry up and dive into engaging discussions, learn valuable knowledge, and grab fantastic rewards before too late!

*⏰ *Time: 9 AM May 11th - 9 AM May 21st (UTC)
*? *Reward: 100 USDT
*? Top 1: 25 USDT
*? Top 2: 20 USDT
? Top 3 : 15 USDT*?* Top 4-5: 10 USDT/ each*?* Top 6-9: 5 USDT/ each**

*ℹ️ *Rule? Discuss, support & provide helpful information about BSCS in our Global Telegram Group
? Each message over 20 characters equals 1 point (max 200 points/day)
? Invite a friend to group equal 10 points (max 100 points/day)
? Daily check-in with "BSCS to the moon" equals 10 points
? The Top 9 interactive users will be rewarded
? We will eliminate spammers and comments that violate the community’s standards

*‼ *Note✅ User must public Telegram username
✅ Our decision is final in all case

? Act now or lose your chance of winning! The opportunity is still available!

? BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion

? Better than Yesterday with BSCS #32: Node Sale - New Form of Fundraising Part 2Welcome back to part 2, where we will further deconstruct Node Sale - the new fundraising trend of this cycle!
*ℹ️ *Pros & Cons of the Node SaleThe node sale model will generally be similar to a Presale or Public sale to the regular user community.

To determine the advantages and disadvantages of the above two models, we will evaluate based on 4 factors including:
*? *Pricing*? *Dilution ratio*? *Raised Amount*? *Selling Pressure

Node Sale model will have many benefits compared to Public Sale:
*✅ *Higher valuation*✅ *Reduce dilution*✅ *Better capital raised*✅ *Lower selling pressure

Node Sale structure also bringing certain benefits to investors, Kols:
*✅ *Easy Project Marketing*✅ *Limiting selling pressure*✅ *Better community stimulation*✅ *Diversified pricing*✅ *Increase token supply allocation for Node

*ℹ️ *Can Node Sale Replace Token Public Sale?The answer is not clear-cut. Only projects needing new nodes can conduct node sales for infrastructure needs.

Node sales have advantages but may not replace token sales that offer more diversity and easier participation, without complex procedures or platforms.

? In general, the Node Sale model is bringing many positive aspects as well as long-term sustainability of the project, however users will need to carefully calculate the risk when participating in this model.

*? Read detailed article* Here

*⭐️ BSCS Official Media Channels:
Website | Telegram | Substack | Twitter |* Discussion

? We are delighted to announce our partnership with ? KIP Protocol - the official AI partner for Animoca's Open Campus, and has signed multiple other prominent clients:  incl , Tier 1 Web3 VCs, Govt Research Institutes and Universities.

KIP Protocol empowers owners of AI models, apps & data to rapidly deploy in Web3, and to transact & monetise with full property rights.

? BSCS will support KIP Protocol with many strategic activities, which include but are not limited to:

*✔️ *Checker Node License (NFT) Selling on BSCS Launchpad✔️ Community Expansion*✔️ *Cross-Marketing Activities

*? *KIP Protocol Full Research

? We are excited about the significant value our collaboration brings to the community.

? KIP Protocol Official Media Channels:Website | Twitter | Discord
? BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion