About TBM

We are revolutionizing the way publishers promote their content by harnessing the power of game theory. Our interactive campaigns ensure that your message not only reaches your audience but also engages them in a way that drives results.

We design interactive advertising campaigns that incorporate game theory to maximize user engagement. From gamified content to strategic decision-making scenarios, we make your ads more engaging and memorable

Leveraging concepts like the Prisoner’s Dilemma, Nash Equilibrium, and Zero-Sum Games, we create promotional strategies that encourage participation and foster a competitive spirit among users.

Our auction-based ad placements allow publishers to bid for premium spots, ensuring that your content gets the visibility it deserves in a fair and competitive manner.

Utilizing coordination games and public goods games, we develop campaigns that encourage collaboration among users, increasing the virality and reach of your content.

We implement risk and reward mechanisms that entice users to engage with your content. By introducing elements of uncertainty and potential high rewards, we keep your audience coming back for more.

No FUD, No FOMO. Just basic crypto stuff
@TBM369

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Welcome to Toolbox Monkey

We are revolutionizing the way publishers promote their content by harnessing the power of game theory. Our interactive campaigns ensure that your message not only reaches your audience but also engages them in a way that drives results.

What is DYOR?

Do Your Own Research (DYOR) is regarded as one of the most important aspects of being a cryptocurrency investor.
The term first became popular during a wave of ICO projects that flooded into the cryptocurrency space between 2016 and 2018. Many investors were left duped or out of pocket by a host of scams entering the market as potential get-rich-quick crowdfunding schemes.

As a way of combatting fraud, people were urged to ‘DYOR’ and investigate any potential investment fully before committing money to any project.

The phrase has now permeated into popular culture, and is widely used to encourage amateur investors in any arena to navigate a minefield of misinformation.

It is also often used as a kind of disclaimer by some cryptocurrency figures when they post about projects or analysis on social media platforms.

How To Do Your Own Research (DYOR)?

CoinMarketCap provides users with the necessary tools to DYOR. As the leading platform for cryptocurrency prices, ranking, market intelligence and research, it provides transparent details regarding coin rankings, token rankings, market capitalization, trading volumes and more. The full methodology used by CoinMarketCap to list and rank crypto tokens can be found here. These are the four initial pillars to focus on, as they often help you compare currencies to one another.
After the foundation has been established, you can click on the coins that stand out to you to obtain more information. That includes the circulating supply and total supply figures, a list of exchanges where the asset is traded, the fully diluted valuation (FDV), etc. All of these details provide tremendous insights and intelligence on individual coins and tokens.
Other research tools on CoinMarketCap include the price charts — to gauge volatility, support and resistance levels used in technical analysis — and the website and social links of individual projects. Additionally, you can find audits — if provided — along with GitHub activity, social follower counts, a list of wallets supporting the asset, and more. 
The historical data tab, such as for Bitcoin, offers some valuable information. It depicts the recent price momentum for coins and tokens and a historical overview of the price on this day in the past few years. Cryptocurrencies are bought or traded by investors and speculators, and everything needs to be put in the correct perspective. 
Other tools on CoinMarketCap platform to explore include the educational platform Alexandria, the listing of exchanges, NFTs, and the Gravity feature. Although Gravity is still in beta, it offers a constantly updating feed of project news, articles, and user sentiment. There is also a handy list of accounts you may be interested in following to stay up-to-date on those projects.
Furthermore, the platform provides various products to help you DYOR, including a learn and earn section, an ICO calendar, an events calendar and more. All of these tools help you do your own research across various industry verticals and aspects. 

What Is a Memecoin?

Memecoin is the crypto analog of memes and came into being as a cheaper Bitcoin substitute. The first memecoin, named Dogecoin, was based on the famous Shiba Inu meme. Apart from Dogecoin, some of the most popular memecoins include Dogelon Mars, Shiba Inu, Floki Inu, and Samoyedcoin.

The Memecoin Boom

Similar to its theme, memecoins used to be taken as a joke in the world of crypto trading. However, endorsement by Elon Musk gave it an unanticipated boost. The value of Dogecoin shot up overnight when Musk started tweeting about the crypto asset.

Besides Musk, Snoop Dogg and Mark Cuban have also expressed interest in the memecoin, making it popular among the community. 

Within a few months, the memecoin secured its place in the top 10 cryptocurrencies by market cap. By the end of 2021, Shiba Inu, another popular memecoin made its way to the top 10 list. Chief Revenue Officer of Zeb Pay commented on the growing memecoin status:

“The surge in volumes that the token [Shiba Inu] has been witnessing can also be attributed to the FOMO that typically arises as interest peaks, and traders rush to take part in the rally as a means to book profits.’’

Just at the culmination of the GameStop frenzy, traders were eager to find a new obsession. Reddit started booming with memecoin discussions, especially as endorsements from billionaires started coming in. Since its inception in 2013, Dogecoin aimed at dethroning Bitcoin by being less expensive and greater in circulation, having a supply of around a quadrillion coins! 

The deVere Group’s CEO, Nigel Green, said:

“In the same way that the GameStop frenzy was pitched as a battle-play of ‘Wall Street versus The Little Guy’, Dogecoin is being pitched as a battle-play against the well-established crypto giants like Bitcoin.”

Another aspect of the memecoin boom is that it is seen as an opportunity by retail investors to make the most out of their small investments because Bitcoin is a bit far-fetched for small investors and many new traders, given its ever-growing value. Memecoins’ faster minting and limitless coin acquisition continue to attract more traders. Earlier this year, Dogecoin surpassed giants such as eBay, Kraft Heinz, and many more in market value. 

Most Popular Memecoins as of 2021

At the time of writing, the top memecoins include:

  1. Dogecoin

  2. Shiba Inu 

  3. Dogelon Mars

  4. Samoyedcoin

  5. HogeFinance

You may check the complete list of top memecoins on CoinMarketCap.

What Do Memecoins Offer?

As per Nasdaq, memecoins are just a means of making some money but the currency is yet to offer a real-world utility like Ethereum and Bitcoin. If the current endorsement of memecoins by Musk and other influencers continues, the surge may still be able to benefit traders in the short term. While the popularity of the currency continues to increase, memecoins are still a more feasible option for new investors to make small gains. 

What Are Non-Fungible Tokens?

Traditionally, cryptocurrencies like Bitcoin are fungible, meaning that every one unit of BTC is exactly the same as another unit of BTC and they can be exchanged for one another with no further considerations. Fungibility is one of the fundamental properties of traditional currencies too, like the USD. But in some use cases, tokens might be non-fungible, most commonly when they are used as digital proof-of-ownership of underlying assets.

For example, NFTs can be used to represent digital art: at one point, an extremely popular Ethereum-based blockchain game CryptoKitties associated its tokens with unique images of cartoon cats and allowed users to trade those cats by exchanging the corresponding tokens.

Another prominent example is the tokenization of real-world assets like equity or commodities to make them tradable digitally — in this case, tokens represent unique assets and are thus non-fungible.

More rarely, a token may become non-fungible by losing its fungibility property as a result of known past activity. For example, if a certain amount of Bitcoin — fungible by default — is used to pay for illegal goods or fund illegal activities and the overall network becomes aware of it, that Bitcoin becomes less- or non-fungible, as it is unlikely to be accepted by exchanges and other service providers.

What Is P2P Trading?

Peer-to-peer (P2P) trading involves decentralized transactions where two users swap cryptocurrencies directly with each other. Both buyers and sellers interact without the involvement of a third party.

P2P trading is based on the concept of previous generations of P2P networking. For example, digital file-sharing is a popular P2P technology. With file-sharing networks, users create digital copies of files, with each user keeping their copy as files get duplicated.

Today, peer-to-peer goes beyond this simplified origin and expands into a sharing economy where users can transact with each other. P2P trading consists of a transfer of digital data (minus any transaction fees) from one user to another. It also prevents the duplication of data.

One type of such trading platform is a P2P decentralized exchange (DEX), such as AtomicDEX, in which users can trade cryptocurrencies like ETH for BTC (or vice versa). NFT marketplaces, like OpenSea, are another type of P2P trading platform where a seller sells a piece of unique digital data (i.e. a piece of artwork) to a buyer who pays an agreed-upon amount of a specific cryptocurrency (i.e. ETH).
While one might think that all DEXs are P2P, most of them actually use a different technology called automated market makers (AMMs). 
With AMM DEXs, liquidity providers (market makers) collectively supply funds to smart contracts, called liquidity pools. Each trader (market taker) taps into the liquidity pool to fill their orders. AMM DEXs are permissionless, meaning anyone can become a liquidity provider or trader without having to go through an approval process. However, their biggest disadvantage is that they rely on complex smart contracts which hackers may exploit to steal funds from liquidity providers.
In contrast, P2P DEXs, like AtomicDEX, use atomic swaps — a type of trading technology in which each order is a direct wallet-to-wallet transfer between two users. Because P2P DEXs don’t have centralized liquidity pools, they generally are more trustless and have fewer attack vectors compared to AMM DEXs.
P2P trading also enables users to trade cryptocurrencies across multiple blockchain networks — making it a key technology that supports efforts to expand trustless blockchain interoperability. 

Author: Kadan Stadelmann, CTO of Komodo, a leader in blockchain interoperability and atomic swap technology.

Kadan Stadelmann is a blockchain developer, operations security expert, and Chief Technology Officer of Komodo, an open-source technology provider that offers all-in-one blockchain solutions for developers and businesses. Komodo works closely with organizations that want to launch their own custom decentralized exchanges, DeFi platforms, and independent blockchains. Its flagship technology and end-user application is AtomicDEX – a mobile and web-compatible non-custodial multi-coin wallet and atomic swap-powered DEX rolled into one dApp. Kadan strongly identifies with Komodo’s open-source vision and ideology. His dedication to the Komodo project is founded on an unwavering desire to make the world a better place. In addition to cryptography, blockchain technology, and development, Kadan is interested in literature, mathematics, astrophysics, and traveling.

What Is a Seed Phrase?

The seed phrase (also known as seed recovery phrase, backup seed phrase or mnemonic phrase) refers to a generated list of 12 to 24 words, in a specific order, used by crypto wallet users to regain access and control of their funds on-chain. This also means that any third party who knows your recovery seed can potentially move your funds to another wallet address.
The seed phrase is a randomly-generated string of words cryptographically derived from the wallet’s private key and paired with 12,18 or 24 words (as per the user’s discretion) from a list of 2,048 English words called the BIP39 Wordlist. This sequence can also be converted to a corresponding series of mapped numbers that provide the user access to his wallet and its public-private key pair. 
A crypto wallet’s software is designed to generate these phrases, which users are then tasked to keep. This ensures that even if the hardware malfunctions or gets lost or stolen, they can always download the wallet software again and use the seed phrases to restore access to their assets back.

Keeping a copy of the seed phrase offline is advisable because it makes it invulnerable to hacking. Seed phrases stored on devices connected to the internet are considered unsafe and are not recommended.

The recommended method of keeping a copy of a seed phrase is to write it down and store it somewhere secure like a vault or a safe box. Do not leave a copy of your seed phrase in any format, not even a print file or photo. 

Hardware (cold) wallets can securely store private keys without the security risks that come with online wallets. However, the security of your wallet is only as strong as the method that you use to hide your recovery seed.

What Is Tokenomics?

Tokenomics, short for ‘token economics’ is an umbrella term used by cryptocurrency enthusiasts to describe how a token is used inside the project ecosystem, or how the token will follow a monetary policy as the project grows over time. As a result, the word tokenomics encompasses a wide range of activities and notions, some of which are hard-coded into the protocol of a blockchain and others that are more speculative in nature.
Tokenomics covers every important aspect of a digital token. The three main roles of tokenomics are as follows:

Fundraising

The tokenomics of a project determine how many funds it would raise when it is launched for the general public, the type of currency used for funding, and the schedule of distribution of tokens to the initial investors. This is also where an understanding of Initial Coin Offerings (ICOs) becomes important, where a project provides its initial tokens on specific criteria to a set number of investors to gain early capital at lower rates. 

Determining the Level of Governance of Holders

Governance comes under the tokenomics section, as the holders of the project tokens on the blockchain have voting powers which they can use to voice their opinions about the digital token project. Important decisions can be made by token holders, such as project features, direction, and token economy changes, among other things. All of these decisions are outlined in the tokenomics section of a project.

Ownership of the Digital Asset   

Digital assets are used to signify the ownership of a crypto project. It is a common practice for many crypto projects to announce the allocation of their token supply in their official whitepaper. 

Tokenomics allow holders and potential investors to understand the distribution standards of a token and judge the potential of an increase in the token’s price in the long run.

The main difference between a traditional economy and tokenomics is that the latter is designed for the world of decentralized cryptocurrencies, while conventional economics is built on multiple events of history and human behavior of a particular country. While many centralized institutions control the traditional economy, tokenomics gives the power back to the people, as they decide how a cryptocurrency project should be governed. 
A major example of tokenomics is Bitcoin (BTC). The world’s largest cryptocurrency is designed to mint only 21 million bitcoins in total. After regular intervals, miners are rewarded for their efforts accordingly. However, the number of rewarded Bitcoins has significantly reduced over the years, and this is exactly where tokenomics come into play, as they are designed to create scarcity and promote the price appreciation of a digital currency.
Tokenomics should be considered when investing in any cryptocurrency as they control the demand and supply of a token, which directly impacts the price.
No FUD, No FOMO. Just basic crypto stuff
@TBM369