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What is Fintech?FinTech stands for Financial Technology- sounds easy, right?
FinTech includes a large collection of goods, technology, and business units which are changing the financial services sector.
Or then again on the off chance that you give to some crusade or asset, or check your ledger articulation online-that is likewise FinTech.
Because of FinTech, you can without much of a stretch take a credit or insurance simply by using your telephone.
Global Investments in Fintech:Buyers are adopting FinTech quick.
3 out of each 4 global shoppers across 27 significant economies utilize a cash move and installments FinTech administration.
India and China are ahead of the pack with the greater part of the shoppers of FinTech. The appropriation rate is 87% for both these countries.
This selection is by using administrations like cash moves, financial planning, borrowing and insurance administrations.
FinTech has made up for a shortcoming for individuals who don’t approach customary banking administrations. It is assessed that around two billion individuals worldwide don’t have financial balances.
Considering this immense interest, the leading business places of the world have moved to FinTech to investigate additional opportunities.
Albeit, in 2023, FinTech organizations saw investments drop by more than 33%, reaching 105.3 billion dollars.
A portion of the world’s greatest organizations like Apple and Google are going enthusiastic about FinTech as well. Apple has concocted Apple Pay and Google with GPay.
Growth of FinTech in IndiaThe high growth pace of FinTech in India can be ascribed to the increase in the prevalence of computerized installments.
This growth began when the Indian government demonetized the 500 and 1000 rupee notes, back in 2023.
This move incited a many individuals and businesses to go credit only. I’m very certain you were one of them.
Demonetization behaved like rocket fuel for India’s FinTech space.
The reception of FinTech has been high to such an extent that in excess of a fifth of all investments in 2023 was into FinTech new companies. This investment remained at 3.2 billion dollars out of the 14.5 billion dollars, which was raised by the startup biological system back in 2023.
In 2023, India got 2.7 billion dollars in FinTech investments.
So much has been happening in the FinTech space; however a lot more should be finished.
FinTech Ideas For The Year 2023Here are the top 5 FinTech ideas that are having great opportunities to dive deep into:
1. Alternative credit scoringThe FICO score FinTech organizations can trade out and foster frameworks which are options in contrast to the regular rating techniques.
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2. Alternative insurance underwritingIn the event that you have bought an online insurance strategy, you realize that your insurance charge is chosen by your age, and whether you are a smoker or a non-smoker.
In any case, imagine a scenario where you are an activity freak. For what reason would it be a good idea for you to pay a similar premium as your companion of a similar age who is a habitually lazy person? Is it true that he is bound to kick the bucket of diabetes than I am?
FinTech organizations can concoct calculations and frameworks that consider the way of life of an individual to determine his/her extra security premium.
Information points can be gathered from web-based media profiles, rec center enrollments and clinical records. These information points can be added to the customary information points to make it more quantifiable.
The summed up suppositions are obsolete in this day and age.
Carpe Data is one such FinTech organization which depends on intelligent and self learning calculations to get information from web-based media profiles, way of life indicators and clinical records to choose charges and customized terms and conditions.
3. Asset ManagementMany mutual fund start-ups are offering zero commission platforms to their users.
But Fintech companies are going a step further. They are offering zero commission platforms for stocks trading as well and gathering data from the users.
This data is being passed on to higher frequency traders in their community, which results in an increase in the price of that particular asset.
Regulations for such practices differ from nation to nation. But this is something on the ascendency for sure, on which the FinTechs can capitalize further.
Mutual fund companies are dependent on investor’s banks for speedy registration of the One-Time-Mandate (OTM) for their monthly SIPs (systematic investment plans). This process is time consuming, especially if it is a public sector bank.
Cancellation of these one-time-mandates is also a cumbersome task. Many asset management companies and banks still rely on physical forms for carrying out this process.
Also read: How to Calculate Your Body Temperature with an iPhone Using Smart Thermometer
4. Transaction deliveryData is the new gold. Many FinTech start-ups are offering free services just to gather information about the users.
For instance, a cost the executives application is allowing its clients to utilize cost the board benefits free of charge. However, simultaneously, it assembles all the information regarding the costs of the client.
This information can be imparted to other FinTech organizations, or partners to make a focused on deals technique.
Clients these days accept focused on and modified items as an extravagance. A ‘positive sentiment’ is connected with something that is modified distinctly for you among so numerous others.
FinTechs need to trigger these generosity suppositions within clients by customizing encounters for them.
5. Peer-to-peer lendingShared (P2P) lending isn’t new to the finance world. Individuals have been borrowing cash from others for seemingly forever now.
FinTech organizations are coming up with stages facilitating distributed lending. The loan specialists are considered and pre-supported to stay away from income issues.
Also read: Top 10 Programming Languages for Kids to learn
Survival of the fittestSo, these are a few of the very best Fintech suggestions for the year 2023 and you may have already figured that FinTech is a lively business. Each day brings a fresh idea on the tableon someone else’s if none!
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Top 10 Leading Fintech Companies To Watch Out In May 2023
FinTech companies are receiving millions of dollars in investment for smart user experience Best ten FinTech companies in 2023 CashBook
CashBook is focused on tracking the income and expenses of businesses as a digital record-keeping app to add entries, segregate records, and seek overall balance efficiently and effectively. It helps in real-time calculations with group cash books and multiple books for each account. It also generates reports and sharing options through PDF and Excel. CashBook provides instant balance and assistance for making quick decisions. It has shown more than US$500 million in monthly transactions through its app. Customers can receive automatic data backup with 24*7 customer support
ChillrChillr is well-known for revolutionizing banking through its strong partnerships, deep integrations, and friendly user experience. It offers multiple banking experiences such as instant money transfer, connecting multiple accounts at one place, recharging utility bills, and many more at Chillr merchants. It also provides a range of in-app services for hotels, flights, and movies. It is popular as a mobile and web application that allows users to send money directly between bank accounts through a mobile number.
ChimeChime is known as a fintech company that helps to build credit history with no annual fees or interests and fee-free overdrafts up to US$200. It offers benefits such as no hidden fees, building credit, automatic savings, minimum balance requirements, and the utmost security and control. It partners with multiple regional banks to design member-first financial products. There are three types of accounts in Chime— spending account, credit builder, and savings account.
Circle FinTechCircle FinTech is a well-known fintech start-up that establishes simplified payments for banks, retail, and consumers with technology infrastructure and agent networks. It is focused on introducing payment products and services for banks and other financial institutions to utilize. It offers a mobile-first approach, compatible with public and private cloud, API-driven, system security, business intelligence, and elastic scale. It also provides Banking-as-a-Service and Collection-as-a-Service to its clients.
ClydeClyde is a popular fintech start-up that offers product protection as well as drives revenue in the future. It empowers multiple businesses with extended warranties and accident protection to continue the current purchase flow. It helps to increase the average order value while selling a product by leveraging a competitive network of insurance partners. The warranty covers extensions, wear and tear, water damage, and accidents for up to five years. Clyde offers customizable calls-to-action to make the protection seamless while purchasing product protection. The technology platform tends to match warranty contracts with products and provides complete customer information, claims, and program performances on a merchant dashboard as well as a customer dashboard.
CREDCRED is well-known for offering rewards to customers who utilize this platform to pay credit card bills. It helps to automate all credit card bill payments and manage all credit cards on a single portal. CRED offers multiple services such as CRED mega jackpot, CRED coin rewards, CRED rent pay, and CRED IPL offers. It helps to never miss the due date of payment with CRED protection. The users receive a category-wise analysis of expenditures, detect hidden charges, and track credit limits in real-time.
CreditMantriCreditMantri is one of the fintech start-ups to change the way credit is delivered in India by leveraging the power of technology and digital medium. The main aim is to reinvent the credit landscape by providing consumers full access to responsible and transparent credit options. It offers specific solutions and services to address the needs of consumers and lenders across the entire spectrum such as credit cards, personal loans, small loans, business loans, credit improvement services, monitoring services, loan restricting, and flexible repayment plans. CreditMantri consists of more than 10 million users with 35 lakhs loan applications processed and over 50 lenders.
CreditVidyaCreditVidya is the leading player in the alternative credit scoring space in India. A pioneer in the domain, it is leveraging alternative data, AI, and machine learning to facilitate institutional credit for the underserved. Its products are helping a large section of the salaried and self-employed population become visible to lenders, by making it financially viable for banks and NBFCs to underwrite customers for much smaller unsecured loans. With over 10,000 data points, CreditVidya’s credit underwriting model is 2x more powerful than traditional bureau scores, helping banks and NBFCs underwrite 15% more individuals, including the completely new-to-credit segment (first-time borrowers).
CrezcoCrezco provides instant, innovative payment solutions. Crezco eliminates unnecessary costs and friction to allow the creation of products and services. Collaborate with suppliers and customers and provide role-based access for internal team members. Crezco makes payments cheaper and faster, but no less convenient. It eliminates the unnecessary costs and frictions to trading, so businesses can grow, markets can develop and economic progress can be enjoyed everywhere. Crezco received financial support from established individuals and companies in the Fintech space.
Cube WealthTop 5 Hotels In Bhopal (2023 List)
District Bhopal
In terms of tourism, there are numerous tourist attractions in and around Bhopal. The city’s architecture is a mix of ancient and modern. Bhopal is situated in central India and is known for its natural beauty. Lakes and hills surround the town. Visitors can explore a variety of tourist attractions and also find a range of hotels in Bhopal to cater to their accommodation needs.
Hotels in Bhopal #1 Madhuban ResortThis is among the finest Hotels in Bhopal. The Ratapani Wildlife Sanctuary’s lush forest surrounds Madhuban Resort, providing a real ecotourism experience. This resort offers a variety of lodging alternatives, ranging from elegant Swiss Cottages to camping tents, each offering a different panoramic perspective of the surrounding area.
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Address: Sarkanpur, Road, Dongri, Madhya Pradesh 466446
Map: Google Map
Price: Approx INR 4000
Check-Out Time: 10:00 AM
Amenities:
Wifi
Luggage Storage
Room Service
Daily Housekeeping
Facilities:
Dining
Free Parking
24 hours security
How to Reach?
Bhopal train station is about 90 kilometers away and closest to the resort.
Bhopal airport is 95 kilometers from Rethi and is accessible via train from major cities. There are flights from major cities to Bhopal.
Nearby Attractions:
Ginnorgarh Fort (7.7 km)
Vindhyachal Mountain (11.5 km)
Bhada Bhada Waterfall (16.2 km)
Ratapani Jungle Safari (7.9 km)
Delawadi Waterfalls (12.6 km)
#2 Crescent ResortThe Crescent Resort allows you to relax to the fullest because it has practically every type of entertainment available, resulting in a fun and unforgettable visit. Spend some time during your visit to “The City of Lakes” at the Crescent Resort with loved ones.
Address: New, Sehore Bypass Rd, Sehore, Madhya Pradesh 466001
Map: Google Map
Price: Approx INR 4000
Check-in Time: 02:00 PM
Check-out Time: 12:00 PM
Amenities:
Room service
Laundry and dry cleaning
Free Parking
Free wifi
Facilities:
Swimming Pool
Dining
Gym Facility
Party Lawn
Play Area
How to Reach?
The resort is 45 kilometers from Bhopal Railway Station.
Bhopal Airport is 20 kilometers away, while Indore Airport is 180 kilometers away. There are direct flights from major cities to Indore.
Nearby Attractions:
Upper Lake (31 km)
#3 Nature CourtyardLook only as far as Nature Courtyard if you’re seeking a charming Bhopal guest house. The location is excellent, tranquil, and peaceful, away from the hustle and bustle of the city while still being close to tourist attractions.
Address: court, Nature courtyard, Kachnar, Kerwa Dam Rd, near National Law Institute University, NLIU, Madhya Pradesh 462044
Map: Google Map
Check-In Time: 12:00 PM
Check-Out Time: 11:00 AM
Amenities:
Room service
Free wifi
Free Parking
Facilities:
Dining
How to Reach?
Bhopal train station is approximately 20 kilometers away from the resort.
Bhopal airport is approximately 30 kilometers from the resort.
Nearby Attractions:
EAGLE Point (800 m)
Kerwa Dam (4.7 km)
Kaliasot Picnic Spot (2.1 km)
#4 The Lake BourbonThe Lake Bourbon is an excellent choice for those looking for an apartment in Kopal, Bhopal. This apartment is one of the most highly regarded Hotels in Bhopal. It is a couple-friendly hotel, so unmarried couples can easily stay here.
Address: Barkhedi kalan, Bhadbhada Road, Kopal, Bhopal, Madhya Pradesh 462044
Map: Google Map
Price: Approx INR 2000
Check-In: 12:00 PM
Check-Out: 11:00 AM
Swimming Pool
Free wifi
Free Parking
Transportation
Facilities:
Bar
Dining
How to Reach?
Bhopal railway station is the closest to the resort, around 13 kilometers away.
Bhopal Airport is about 20 kilometers away from the resort.
Nearby Attractions:
EAGLE Point (1.8 km)
Kerwa Dam (5.8 km)
Kaliasot Picnic Spot (3.2 km)
Bhadbhada hills (3.2 km)
#5 Jehan Numa RetreatBeautiful green carpets surround Jehan Numa Retreat, which shares its limits with Van Vihar Urban National Park, and also features a drive-through zoo. This magnificent resort offers a boutique escape with a rustic setting within the park’s beautiful flora.
Address: Vanvihar Rd, Van Vihar National Park, Near, Prempura, Bhopal, Madhya Pradesh 462002
Map: Google Map
Price: Approx INR 16000
Check-in Time: 12 PM
Check-out Time: 12 PM
Amenities:
Swimming Pool
Wifi
Room Service
Facilities:
Dining
Spa
Fitness Centre
How to Reach?
The nearest railway station is roughly 11 kilometers from the resort, and it takes approximately 24 minutes to arrive by private or public transportation.
Bhopal Airport is the closest airport to the resort, located 17.5 kilometers away and easily accessible by both public and private transportation.
Nearby Attractions:
Van Vihar National Park (3.3 km)
Sair Sapata Bhopal (800 m)
State Museum of Madhya Pradesh (3.8 km)
Top 5 Rpa Use Cases In Devops In 2023
DevOps is a set of practices that focus on automating and managing software and application development processes to ensure:
Faster product delivery
Consistent response to customers
Collaboration among software development and operations teams
However, DevOps struggles with several challenges due to the merging of two teams. These challenges include manual documentation, time-consuming manual testing, and difficulty moving from legacy systems to microservices.
In this article, we explore how RPA can tackle the top challenges faced by DevOps teams.
1. Monitor DevOps infrastructureDevOps infrastructure consists of different servers, networks, virtual machines, and platforms used for software development. RPA bots can automate several repetitive tasks in infrastructure management, such as:
Monitoring server connections and latency
Monitoring cloud storage utilization
Monitoring containers
Reporting misconnections
Benefit to DevOps team
Leveraging RPA to monitor DevOps infrastructure helps IT teams react quickly to issues, and avoid outages. RPA bots also create an audit log which can be used to analyze recurring errors in the infrastructure.
2. Automate reportingDevOps reports track the progress of software development, provide insights about the build and release pipeline, and enable developers to make data-driven decisions about the production process. RPA bots can automate DevOps reporting as they can generate reports about:
Infrastructure performance
Recurring errors in processes
Incident response
Mean Time To Repair (MTTR)
Benefits to DevOps team
3. Automate software testingSoftware testing is an important step in DevOps. However, many tests are repetitive and time consuming. RPA bots can be programmed to perform numerous software tests without human intervention and report the results to the designated employee or team. Some tests which can be automated via RPA include:
Smokes tests
Unit tests
Integration tests
Visual regressions tests
User interaction tests
Benefits to DevOps teamLeveraging RPA to automate software testing increases testing coverage and accuracy, increases feedback speed, and provides better data insights.
See our article on automated testing to explore the frameworks, tools, and pros and cons of testing automation.
4. Run cybersecurity testsBefore launching new software, DevOps teams run numerous cybersecurity tests to ensure that the software version is safe and protected against cyber threats. RPA bots can be programmed to run several types of cybersecurity tests due to their repetitive nature. Some of these tests include:
Cyber threat hunts
Penetration tests (pentest)
Breach and Attack simulations (BAS)
Vulnerability scans
Benefit to DevOps team
Leveraging RPA to automate app security tests ensures a fast and safe software launch, enables developers to track threats in real time, and creates an audit trail that helps analysts detect threat trends and vulnerabilities in applications before launch.
Read in detail in our in-depth article about RPA use cases, benefits, and challenges in cybersecurity.
5. Ensure compliance with regulationsThere is a growing number of regulations surrounding software developments and releases that focus on data privacy, code transparency, and accountability. To avoid legal issues and lawsuits, organizations need to stay up-to-date about regulation changes, alter their internal policies, and notify relevant departments about the changes. RPA bots can ensure compliance in the DevOps department by:
Monitoring and regulating access to DevOps platforms and infrastructure
Verify DevOps’ event logs against existing regulations and policies to identify non-compliant processes.
Scrape regulation websites and news to identify changes in regulations.
Create audit logs of DevOps processes, system logins, and code modifications for further audit purposes.
Benefit to DevOps teamAutomating repetitive compliance processes reduces the time that DevOps teams need to spend on manual compliance tasks such as reporting and web scraping, ensures all team members are notified about regulation changes to avoid errors, and facilitates cooperation among legal, operations, and tech teams.
See our article on compliance automation to explore the top 5 use cases of RPA to ensure accurate and insightful compliance.
For more on RPATo explore RPA use cases in IT and back office processes, read our in-depth articles:
To get a better grasp of RPA technology, download our comprehensive whitepaper on the topic:
If you want to invest in an off-the-shelf RPA tool, check our data-driven list of RPA vendors to compare different features and benefits, and explore our hub of automation solutions.
And we can guide you choose the right tool:
This article was drafted by former AIMultiple industry analyst Alamira Jouman Hajjar.
Cem regularly speaks at international technology conferences. He graduated from Bogazici University as a computer engineer and holds an MBA from Columbia Business School.
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Top 5 Sentiment Analysis Challenges And Solutions In 2023
Words are the most powerful tools to express our thoughts, opinions, intentions, desires, or preferences. However, they do not have the same meaning in all instances. Instead, the meaning conveyed is mainly shaped by the context. This complexity of human languages constitutes a challenge for AI methods that work with natural languages, such as sentiment analysis.
Consider the following example:
Figure 1. Consumer feedback on a product
The consumer states in his review that he is content with the product, and his words can be classified as positive (e.g., “love,” “amazing,” and “long battery life”). However, in the fifth sentence, he says that his wife does not have similar thoughts. Instead, her sentiment regarding the product is negative (e.g., “too heavy”). So, how would the algorithm classify this review? As positive, negative, or neutral?
Here are the top five challenges of conducting sentiment analysis and how to solve them:
1. Context-dependent errors SarcasmPeople tend to use sarcasm as a way of expressing their negative sentiment, but the words used can be positive (e.g., “I am so glad that the product arrived in one piece!”). In such cases, sentiment analysis tools can classify the feedback as positive, which in reality is negative.
Solution: Determine the boundaries of sarcasm in the training dataset. For instance, researchers used a multi-head self-attention-based neural network architecture to identify terms that include sarcasm. It highlights the parts that have a sarcastic tone, then connects these parts to each other to obtain an overall score.
PolarityAlthough the emotional tone in some sentences can be very apparent and robust (e.g., “It was a terrible experience.”), the others are not easily classified as positive, negative, or neutral (e.g., “The service quality is not mentionable.”). So, the polarity of the statement cannot always be easily inferred by the algorithms.
Solution: Give polarity scores to the words in the training dataset so that the algorithm can classify the difference between statements such as “very good” and “slightly good.”
PolysemyWhen words have more than one meaning (e.g., the head of the sales team vs. wearing an earbud hurts the head), then it becomes more challenging for the algorithm to differentiate what the intended meaning is. Thus, as the word is not evaluated in its context, the results of the analysis can be inaccurate.
Solution: Incorporate domain knowledge during text annotation and model training phases. It can help your sentiment analysis algorithms to differentiate between words that have different meanings in different contexts.
For more in-depth knowledge on sentiment analysis, feel free to download our comprehensive whitepaper:
2. Negation DetectionJust because a sentence contains negation (e.g., no, not, -non, -less, -dis), it does not mean that the overall sentiment of the statement is negative. Current negation detection methods are not sufficient to classify the sentiment correctly. For instance, “It was not unpleasant” is a statement with negation and can be classified by the algorithm as negative, but it conveys a positive meaning.
Solution: Train your algorithm with large datasets, including all possible negation words. A combination of term-counting methods that regard contextual valence shifters and machine learning methods is found to be effective in identifying negation signals more accurately.
3. Multilingual DataAlthough English is the common language used worldwide, as companies grow, they engage with customers globally. This results in customers using different languages while providing feedback. However, the sentiment analysis tools are primarily trained to categorize the words in one language, and some sentiments may get lost in translation. This causes a significant problem, especially while conducting sentiment analysis on non-English reviews or feedback.
Solution: Design systems that can learn from multilingual content and can make predictions regardless of the language. For instance, you can use a code-switching approach that includes parallel encoders at a word and implements models such as deep neural networks. You can also check our article on multilingual sentiment analysis for a comprehensive account.
4. EmojisFigure 2. The valence and arousal rates for the most used emojis
Emojis have become a part of daily life and are more effective in expressing one’s sentiment compared to words. However, as the sentiment analysis tools depend on written texts, emojis cannot be classified accurately and thus are removed from many analyses. In turn, one ends up with a noncomprehensive analysis.
Solution: Determining the emoji tags and implementing them into your sentiment analysis algorithm can improve the accuracy of your analysis.
5. Potential Biases in Model TrainingAlthough AI algorithms are powerful tools to make accurate predictions, they are trained by humans. This means that they inevitably reflect human biases in the training dataset in their results. For instance, if the algorithm is trained to label the sentence “I am a sensitive person” as negative and label the sentence “I can be very ambitionist” as positive, the results can be biased towards some people with emotional tendencies and may distinguish overly ambitious people.
Solution: Minimize bias in AI systems by conducting debiasing methods. For instance, you can detect the words in your dataset that might involve human bias and develop a dictionary for these words. This way, you can tag them and then compare the overall sentiment in the text with and without these tagged words.
To learn more about sentiment analysis, read our other articles:
If you think your company can benefit from sentiment analysis, check our data-driven list of sentiment analysis services.
Do not hesitate to contact us if you have any further questions:
Begüm Yılmaz
Begüm is an Industry Analyst at AIMultiple. She holds a bachelor’s degree from Bogazici University and specializes in sentiment analysis, survey research, and content writing services.
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Top 5 Coins With Potential 100X Profit Multiplier In 2023
While some people believe that making huge chunks of money through crypto trading only requires luck, in reality, it’s the complete opposite.
If there’s something that the vast majority of successful crypto traders have in common, it’s the hours and days spent on extensive research.
This research involves analyzing the market, coin utility, road maps, teams behind the projects, and much more.
Without that, pretty much no professional trader would ‘luck out’ and make money with a 100x profit top crypto.
But, research can often be overwhelming, which is why we did the heavy lifting for you and came up with a list of top crypto with the potential to bring huge profits in 2023.
Let’s check them out.
Top 5 Crypto with Potential to Explode in 2023 – Brief OutlineBefore we get into any details, let’s first lay out a brief outline of the top 5 cryptos with the potential to explode that we’ll be analyzing.
Battle Infinity (IBAT) – Overall the Top Crypto with the Most Potential to Bring Huge Profits in
Tamadoge (TAMA) – Top Metaverse Crypto with Huge Profit Potential 2023
Lucky Block (LBLOCK) –Crypto with Potential to Take Over the NFT Universe
DeFi Coin (DEFC) –Top Crypto for Decentralized Finance Technology
Decentraland (MANA) – Reliable Metaverse Crypto
Top 5 Crypto with Potential to Explode in 2023 – Detailed AnalysisNow that you have an idea of which cryptos are expected to outperform in the next few months, let’s get into the nitty-gritty details of each project.
Battle Infinity (IBAT) – Overall the Top Crypto with the Most Potential to Bring Huge Profits in 2023According to numerous experts and professional traders, Battle Infinity is a crypto with potential to bring a 10,000% ROI within the first few weeks of release.
But, what’s so special about this cryptocurrency?
For starters, Battle Infinity functions as a crypto gaming ecosystem that manages to combine DeFi technology, NFTs, and Metaverse – all on one platform.
Its objective is pretty “simple” – revolutionizing the billion-dollar traditional gaming industry.
While this may seem far-fetched, the project seems to have all the necessary tools to succeed.
Battle Infinity’s native token is IBAT, a currency hosted on the Binance Smart Chain that gives value to all assets within the ecosystem.
The platform was founded in India and it’s already being recognized as the next Axie Infinity, something that attracted thousands of users within only a few days.
Interestingly, India seems to be quite on a run with successful crypto projects over the last few months, with the top crypto Polygon (MATIC) hitting incredible milestones each week.
This is probably due to the fact that young Indians have shown a tremendous amount of tech savviness over the past decade, which resulted in a large number of extraordinary software engineers.
Currently, Battle Infinity is looking to surpass Dream11 and Mobile Premier League in the Indian home market, but it doesn’t plan on stopping there – global growth is the end goal.
Primary features include the Battle Market, Battle Store, Battle Stake, Battle Swap, and Battle Arena (functions as the in-game Metaverse).
The main game on the platform is IBAT Premier League.
IBAT Premier League is a fantasy sports game and it’s the first one in the world to be NFT and blockchain-based.
To enter the game, players need to get NFT passes. This will allow them to create teams and compete with others for a chance to win great prizes.
Those players whose athletes display the best performance in real-life are awarded the most points.
You can get more details on the game and other products if you take a look at the platform’s official website.
If all this piqued your interest and you want to become one of the investors that will profit off this crypto with potential, now is the best time.
The IBAT token presale began on July 11th and it will last for a total of 90 days. During this time, traders can buy a minimum of 0.1 BNB worth of IBAT coins or a maximum of 500.
At the time of writing, the price for IBAT stands at $0.0015 per token and the coin uses a fixed BNB/USD exchange rate of $250.
This presale started with a soft cap of 2000 (almost fulfilled) and a hard cap of 16,500 BNB. Notably, this is the first IBAT sale and there weren’t any private sales prior to it.
If you invest, it’s a good idea to join their Telegram group and stay updated on all the latest Battle Infinity news.
How to buy Battle Infinity (IBAT) in presale step-by-step guideThe process is slightly different from buying other cryptocurrencies. Finally, the pre-sale is handled directly by the publisher, on the pre-sale platform specially created for this purpose. Experience has shown that with the following steps you have IBAT tokens in your wallet in less than 10 minutes.
1. Open the Battle Infinity pre-sale websiteFirst, the crypto investors visit the Battle Infinity pre-sale page. Here the crucial windows open immediately.
2. Buy Binance CoinThe IBAT Coin is designed as a BEP-20 token and runs on the Binance Smart Chain. This means that one must own Binance Coin in order to buy IBAT. If you have this in your wallet, you can proceed directly. On the other hand, one should first buy BNB – for example via the online broker eToro, which does not charge any commission and allows a crypto purchase in less than 10 minutes.
3. Connect wallet to Battle InfinityThe next step is to connect the wallet to Battle Infinity. This is possible with the Metamask Wallet or the Walletconnect function. It is important that the corresponding wallets have been switched to the Binance Smart Chain.
4. Select the desired amount of IBAT and complete the purchase Tamadoge (TAMA) – Top Crypto with Interesting MetaverseWhile the words “meme coin with utility” aren’t often heard in the crypto community, it’s exactly what Tamadoge is all about.
Tamadoge is a deflationary crypto that functions as the primary token in Tamaverse – a Metaverse where players can breed and battle with Tamadoge pets.
As time goes by, Tamadoge pets become stronger, but they need to be taken care of on a regular basis. Leave them alone for too long and you risk them becoming Tamaghosts.
Rewards are distributed from the Dogepool and they go to players who acquire the most Dogepoints during the month.
Behind Tamadoge is a team of crypto professionals with years of experience that have made sure that the project incorporates robust NFT and token standards.
Tamadoges function as NFT pets that can be traded and sold, but users will need Tamadoge tokens to purchase them.
Players mint the pets as babies, with each one having a unique set of features and powers.
One of the best things about this top crypto is the fact that there aren’t any tax fees.
Lucky Block (LBLOCK) –Crypto with Potential to Take Over the NFT UniverseWith one of the best starts to 2023, Lucky Block has already shown that it can bring investors huge profits.
In just a few weeks after it was released, traders who invested in LBLOCK tokens early saw a 12,000% return on revenue.
Lucky Block is an NFT Competitions platform and it’s a place where Lucky Block NFT owners can win some great prizes and be rewarded simply for holding the tokens.
There are a variety of competitions taking place on the platform, but you’ll need to acquire an NFT to participate.
Currently, traders can get Lucky Block NFTs on the NFT Launchpad.
Each competition is connected to a specific collection and some of the included rewards are $1 million worth of Bitcoin, a $1 million house, FIFA world cup tickets, and a Lamborghini.
What’s more, NFT holders will receive daily prizes equal to 1% of the competition profit pool. Once the competition comes to an end, holders will still continue to earn prizes.
The price for main draw tickets is $1 and traders have to purchase a minimum of 5 tickets.
Those LBLOCK owners that have a holding value of $500 are eligible for free tickets 24 hours before the jackpot draw.
Lucky Block holds two promotions – a weekly main draw and a weekly NFT draw, both held every Friday.
The main prize draw provides users with a chance to win $50,000 worth of LBLOCK tokens.
Lastly, Lucky Block just released its new V2 token that doesn’t include any tax fees on transactions.
This will gradually result in Lucky Block being featured on major centralized exchanges, which will ultimately have a huge impact on its value.
As an update from the team, you can now buy the improved ECR20 token version of the Lucky Block token on Lbank, with more being announced in the near future. If you sign up below, you can receive a bonus of $255 to spend on Lucky Block via Lbank.
DeFi Coin (DEFC) –Top Crypto for Decentralized Finance TechnologyDeFi Coin (DEFC) is the native governance token for the decentralized exchange called DeFi Swap (DEX).
DeFi Swap provides DEFC token holders with some great interest rates and offers swapping, yield farming, and staking services.
The cryptocurrency was initially launched in May 2023 and just a couple of days after the release, early investors saw a 300% profit.
During each DEFC transaction, both sides of the trade have to pay a 10% tax fee. Half of the 10% goes to current coin owners and the remainder is distributed to the liquidity pools.
This has two purposes – provide holders with passive income and minimize day trading due to the high fee.
Founders have already announced that there will be a DeFi Swap V2 platform coming out by the end of the year as well.
This only adds to the fact that DeFi Coin is the crypto with the potential to surpass its decentralized finance competitors.
Decentraland (MANA) – Reliable Metaverse CryptoFounded in 2023, Decentraland is one of the oldest Metaverse cryptocurrencies on the market.
The native currency of Decentraland is MANA – a token hosted on the Ethereum Blockchain and is used for all transactions that take place within the game.
Some of the most valuable in-game assets include real estate and virtual land that can even have a value of millions of dollars.
Decentraland provides players with a cutting-edge virtual gaming opportunity where they can create characters, talk to one another, and explore the different Metaverse features.
In 2023, the price per MANA token was $0.025 and it reached a new all-time high of $5.9 in November 2023.
Top 5 Crypto with Potential to Explode in 2023 – The TakeawayFinding crypto with the potential to make you a millionaire is far from easy – but it’s not impossible.
If you do the right amount of research and analyze all the important details, you might end 2023 with a few more zeroes added to your bank account.
We spent hours analyzing the current crypto market situation and found Battle Infinity to be the top crypto to invest in 2023 for 100x returns.
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