Guide – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Mon, 15 Sep 2025 06:36:01 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 Guide – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Coinbase publishes guide to crypto asset listing process to bolster transparency https://earlybirdsinvest.com/coinbase-publishes-guide-to-crypto-asset-listing-process-to-bolster-transparency/ https://earlybirdsinvest.com/coinbase-publishes-guide-to-crypto-asset-listing-process-to-bolster-transparency/#respond Mon, 15 Sep 2025 06:36:01 +0000 https://earlybirdsinvest.com/coinbase-publishes-guide-to-crypto-asset-listing-process-to-bolster-transparency/

Brian Armstrong, CEO of Coinbase, the third-largest crypto exchange in the world, published the exchange’s token listing process on Saturday. In an X post, Armstrong noted that the move aims to bolster transparency of Coinbase’s listing process. He wrote:

“…listings are free and merit-based. Every asset is evaluated against the same standards.”

How tokens are listed on Coinbase

According to the blog post titled ‘A Guide to the Digital Asset Listing Process at Coinbase,’ there are five key steps:

The first step involves submitting an application. Project developers have to fill an online questionnaire that asks for key information, from whitepaper and tokenomics to team background and source code.

Based on the submission, Coinbase assesses business factors, including market demand, community traction, and the technical requirements of integrating it with the exchange.

The application then goes through a thorough review process by the legal, compliance, and technical security team of Coinbase. From the legal perspective, Coinbase mainly analyses whether a token will potentially be considered a security.

The exchange also investigates the token’s on-chain activity and token distribution to ward off consumer safety risks and financial crime.

Additionally, the exchange also runs a security check for technical vulnerabilities by reviewing the contract code, design, and operational risks. In case of new blockchains, Coinbase evaluates aspects like technical design, consensus mechanism, network resilience, and governance model.

The exchange keeps the token issuers apprised of the review process via emails or phone calls. Once the token is approved by the Core review teams, it starts trading on Coinbase once the exchange completes technical integration.

The blog post notes:

“Our [listing] process is thorough because our standards are designed to protect customers, support healthy markets, and give projects the strongest possible foundation for long-term success.”

Token listing timeline and rollout

In general, Coinbase takes about a week to conduct due-diligence of a token. Once the token is approved, the exchange takes around two weeks for the technical integration to enable trading.

The post noted that in general, the exchange takes less than 30 days from review to list a token. However, the timeline can be significantly shorter or longer, based on factors such as the token’s complexity, whether its network is supported, the responsiveness of the project team, and the time it takes to complete the technical requirements for trading and custody.

Furthermore, listing priority and timeline also depends on Coinbase’s assessment of the token’s demand, traction among holders, community sentiment, and track-record of the team.

Coinbase also ensures that after a token is approved for listing, it is rolled out in a phased manner. First, Coinbase allows users to only deposit tokens to build liquidity.

Then, limit orders are collected for at least 10 minutes to determine an indicative opening price for the token. The auction concludes either with a matching trade or with an opening quote in case of no match.

This is followed by trading state, where the token can start with limit only orders or full trading.

Common hurdles and reasons for token listing delay

There are three major issues that contribute towards the delay of a token’s listing.

Firstly, the regulatory risk profile of a project increases if its public statements do not clearly state the token’s purpose, governance rights, and real-world usage. Projects that claim their token is ‘going to the moon’ without evidence to back the claim, for instance, face challenges with listing their token on Coinbase.

Secondly, from the blockchain security perspective, Coinbase evaluates the degree of centralization and single points of control to assess risk.

Lastly, projects that submit incomplete applications face delays in the review process. Failure to inform Coinbase of any major changes in the project during the review can also cause delays.

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Beginner’s Guide to IOTA Blockchain https://earlybirdsinvest.com/beginners-guide-to-iota-blockchain/ https://earlybirdsinvest.com/beginners-guide-to-iota-blockchain/#respond Tue, 09 Sep 2025 11:49:55 +0000 https://earlybirdsinvest.com/beginners-guide-to-iota-blockchain/

Blockchain is the most frequently occurring term in recent discussions about technology. Many believe that blockchain has the potential to transform our digital experiences and create a new phase of the internet. One of the notable additions to the blockchain and crypto space that has been gaining a lot of attention is the IOTA blockchain. 

The most interesting thing about IOTA crypto is the use of a directed acyclic graph (DAG) known as Tangle. It is different from the conventional chain-like pattern visible in blockchain networks. Are you curious to learn more about the IOTA blockchain? Let us learn more about the IOTA blockchain and its special features in this post.

Understanding the Identity of IOTA

The first thing that you must learn about IOTA is its identity that makes it special. IOTA was created in 2015 as a public blockchain that allowed developers, businesses and governments to create innovative distributed ledger technology projects. You might also have special questions on your mind like “What blockchain does IOTA run on?” or questions about its distinctive features. IOTA blockchain runs with a DAG architecture that enables peer-to-peer transactions without the straight chain pattern.

The Tangle DAG that underlines the architecture of IOTA blockchain supports frictionless data and value transfer. As compared to other blockchain protocols, Tangle supports the addition of transactions in parallel, thereby reducing resource requirements. It is also important to remember that IOTA does not depend on miners because in the Tangle DAG, users verifying the transactions are the ones making the transactions. 

Explore the Special Features of IOTA

You can find out why IOTA blockchain is special by learning about its unique features. The most notable feature in an IOTA blockchain guide is the assurance of security, scalability and ease of use. IOTA blockchain provides the assurance of seamless application interactions alongside safeguarding users from intermediaries. The power of scalability empowers IOTA to manage massive volumes of transactions without breaking a sweat.

IOTA outperforms itself in scalability with the support for unrestricted throughput. The DAG blockchain can enable parallel transaction processing along with support for layer-2 EVM chains that create independent digital economies that work with each other. Another distinctive trait of IOTA that makes it unique is the multi-VM vision. IOTA leverages a flexible virtual machine architecture that enables seamless interactions across different networks. 

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Why is IOTA Useful for the Future?

The introduction of new blockchain protocols like IOTA creates doubts regarding its necessity when there are many other well-established protocols. It is the first internet-scale programmable blockchain protocol that offers unique value propositions. The following benefits of IOTA blockchain prove why it is a big thing for the future of blockchain and Web3. 

  • Move Programming Language

The discussions about IOTA invite attention to the possibilities of IOTA blockchain mining as an integral part of its operations. On the contrary, it follows a completely unique design with the Move programming language. It aims to address issues such as spoofed token approvals, reentrancy vulnerabilities, and poison tokens. The primary emphasis of IOTA blockchain on expression and safety ensures better accessibility for web3 developers. It ensures that developers don’t have to depend on understanding of the intricacies associated with the underlying infrastructure.

  • Tailored for the Web3 Space

Another distinct trait of IOTA blockchain that makes it different from other protocols is the design for web3. By improving accessibility as a smart contract platform, IOTA can allow developers to come up with innovative Web3 user experiences. IOTA also provides different tools to developers that help them leverage the full potential of the blockchain. It is important to note how the IOTA Development Kit or SDK helps developers in creating web3 solutions without any restrictions.

Apart from special features such as the IOTA blockchain wallet, the most appealing aspect of IOTA is the support for scalability. It supports horizontal scalability to meet with the emerging demands of web3 applications. The network capacity increases proportionally to the rise in processing power of IOTA validators. As the network capacity increases, the IOTA blockchain can reduce gas fees even in the times of peak network traffic. The advantage of scalability is a formidable improvement over other blockchain networks that present rigid bottlenecks.

  • Support for On-Chain Assets

The next crucial highlight of IOTA that separates it from the crowd is the support for on-chain assets. With rich on-chain assets, you will find new applications and economies on IOTA that run for specific utilities without depending on artificial scarcity. For example, developers can introduce dynamic NFTs that offer support for upgrading, bundling and grouping according to applications. The unique capability helps in crafting better in-game economies with NFT behavior reflecting completely on-chain.

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What are the Focus Areas of IOTA Blockchain?

Any IOTA blockchain guide will be incomplete without mentioning the focus areas that it serves. IOTA plays a major role in driving the adoption of different innovative technologies across various industries. The blockchain empowers businesses with the advantages of better transparency, efficiency, and security. With these unique traits, IOTA can ensure a more decentralized and connected future. Take a look at the following focus areas addressed by the IOTA blockchain.

  • Real-world asset tokenization is possible on IOTA with efficient asset management, secure verification, and cost-effective transactions.
  • Digital identity solutions on IOTA provide a universal trust layer that allows secure and verifiable transactions between different applications.       
  • IOTA also supports efficient trade and supply chain management by supporting transparency and inclusivity without relying on data silos. 
  • Decentralized Finance gets an edge with IOTA that offers a mainnet based on Move with better security, developer-friendly tools and scalability. The streamlined platform offers the resources required to craft innovative DeFi products without reducing sustainability or performance. 
  • Circular economy is another prominent focus area of IOTA blockchain that encourages sustainable innovation. IOTA empowers traceability, resource management and transparency that boost circular economies. The inventive blockchain protocol offers digital tools that can streamline the management of products, origins and identities. 

Final Thoughts 

The special features of IOTA crypto validate its identity as an innovative blockchain. It does not use the traditional blockchain architecture in which blocks are linked in a straight chain. On the contrary, IOTA leverages the DAG or directed acyclic graph architecture without relying on mining. IOTA supports parallel processing and offers the tools required to develop smart contracts for innovative Web3 apps. Learn more about the IOTA blockchain with a detailed guide on its architecture and technical details now.

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*Disclaimer: The article should not be taken as, and is not intended to provide any investment advice. Claims made in this article do not constitute investment advice and should not be taken as such. 101 Blockchains shall not be responsible for any loss sustained by any person who relies on this article. Do your own research!

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The Ultimate Guide to TradingView Backtesting https://earlybirdsinvest.com/the-ultimate-guide-to-tradingview-backtesting/ https://earlybirdsinvest.com/the-ultimate-guide-to-tradingview-backtesting/#respond Tue, 19 Aug 2025 23:16:16 +0000 https://earlybirdsinvest.com/the-ultimate-guide-to-tradingview-backtesting/

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In this tutorial, I’ll show you how to use the backtesting function in TradingView and give you the benefits and downsides of this platform, based on my personal experience.

This powerful tool allows traders to test the effectiveness of any trading strategy, whether it’s one they have developed themselves, or one created by a member of the TradingView Community.

Key Takeaways

  • TradingView’s backtesting function allows traders to quickly test a wide selection of trading strategies across a huge collection of worldwide trading markets.
  • The platform offers a variety of strategies created by Community members, as well as the ability to create your own.
  • While there can be limitations to TradingView’s backtesting platform, there are also solutions.

Benefits of TradingView Backtesting

Trading at beach

Here are some of the benefits of using TradingView’s backtesting platform:

  • Fast results: The backtesting system is fast, and you can see the results right away. This allows you to iterate quickly and adjust your strategy accordingly.
  • Community scripts: You can use other traders’ strategies that are available in the Community. This saves you time and effort in developing your own strategy.
  • Historical Data: TradingView has a Deep Backtesting feature that provides all the historical data you need to conduct a thorough backtest.
  • Easy to use: The backtesting function is simple, no complex setups required.
  • Access tons of worldwide markets: TradingView gives traders access to a wide range of markets from around the world. It could be the largest collection of publicly available data feeds in the world.
  • Browser based: Available on almost any operating system.
  • Create your own strategies: Make and test your own strategies quickly with Pine Script.

Now that you know a little about the platform, here’s how to start using it.

How to Access Strategy Tester on TradingView

First make sure that you’re logged into a paid account.

To access the backtesting function, first click the Strategy Tester tab at the bottom of the screen.

Strategy Tester in TradingView

From there, click on the Load Your Strategy button.

This can either be a strategy that you’ve created or one that’s been developed by a Community member within TradingView.

To find a strategy, search by name or browse through the available community scripts.

Be sure to use the menu on the left of the window to see other types of strategies.

Select Personal to see the strategies you’ve created.

TradingView Strategies

Yeah, there are a TON of strategies available and it can be a little overwhelming.

So start with something that you understand and test all the related strategies.

For example, when I search for a Bollinger Bands trading strategy, here’s what comes up.

The number on the right of each strategy indicates the number of people currently using it.

Strategies list in TradingView

Usually, the most popular ones are at the top.

But not always.

So scroll through the strategies to see them all.

Once I click on a strategy, TradingView will add it to my chart, run the backtest on the current market/timeframe and give me the results.

Strategy result

You can see the trades it took and get a performance summary report below the chart.

Pretty slick!

How to Run the Backtest on Other Markets and Timeframes

Once you’ve selected a strategy to backtest, it’s super easy to run the test on any market and timeframe available on TradingView.

To run the test on another timeframe, simply click one of the available timeframes on the top of the current chart.

You can even set your own custom timeframe by clicking on the down arrow and selecting “Add custom interval”.

Timeframes in TradingView

The results of the backtest on that timeframe will appear on the bottom of your screen, just like with the first backtest.

You’ll see the results almost instantly, making this a very efficient way to backtest.

To test the strategy on other markets, click on the watchlist icon in the upper right corner, then click on the market you want to backtest.

TradingView backtest on new market

You can also click on the current market ticker in the upper left corner of the screen and search for a new market to test.

Search for market in TradingView

Again, as soon as you select the market, you’ll see the backtesting results in the bottom panel.

Remove a Trading Strategy

To remove a strategy from your chart, click on the Object Tree icon on right side of the screen, then click the Delete icon next to the trading strategy.

Remove TradingView strategy

Once you’ve deleted a strategy, you can a new one, or go back to using TradingView as just a charting platform.

Evaluating Backtesting Results

Now it’s important to talk about what a “good” backtesting result is.

Many new traders think that they need to have a fantastic result on the first try, or the backtest is a failure.

That’s not how it works.

In reality, it’s best to look for strategies that have potential.

So here are some things to look for:

  • The strategy is near breakeven: The strategy could be optimized
  • There are huge winners, which get slowly get taken out by small losers: The number of losers could possibly be reduced
  • Conversely, there are consistent small winners, but a few big losers: The size of the losing trades could be reduced
  • Strategies that perform well in some markets but not others: Only trade it in markets where it performs well

But that’s just the tip of the iceberg.

To get a complete guide on how to judge and potentially improve backtesting results, read my article on good backtesting results.

Selecting a Trading Strategy the Smart Way

When it comes to selecting strategies to test, there are a couple of ways to approach it.

First, you can browse the available strategies that you can use for free, as I mentioned above.

Sort the strategies by popularity and backtest each one.

This is a decent method if you don’t know where to start.

But you’ll quickly learn that most of the free strategies don’t work.

Yeah, you generally get what you pay for.

And there are so many strategies out there that it would take forever to test them all.

So once you get tired of looking for random ass strategies, it’s time to get smarter.

A better way to approach this proess is to start by asking yourself what type of strategy you’re looking for:

  • Do you prefer trend strategies?
  • Do you want to trade a RSI strategy?
  • Do you want to day trade?

Then take a look at all of the strategies that fall into your chosen category.

Search keywords related to the type of strategy you want to find. 

Backtest them and see how they perform.

Again, chances are very good that they won’t work.

But they might.

Worst case scenario, they will give you a good starting point and ideas for your own strategy.

This is a huge benefit of the TradingView Community.

How to Create Your Own Strategy

Since many of the trading strategies on TradingView are free and open source, you can use them to help build your own strategy quickly.

First find a free strategy that you want to build on.

Then create your own Pine Script project by clicking on the Pine Editor tab at the bottom of the screen.

TradingView Pine Editor

Copy and paste an existing strategy into the Pine Script tab and start making adjustments.

Save the strategy, then run a backtest.

Yes, you need to learn Pine Script.

But most programming tutorials can be very boring.

When you know what you want and you have a starting template to get there, learning becomes much more fun and you’ll usually see results faster.

Focus on the parts of the current script that you want to change and go from there.

To sign up for TradingView, go here.

Considerations of Historical Data Availability

When using the backtesting function in TradingView, it is important to understand how much historical data is being tested in each test.

Data availability will vary by market and timeframe.

Higher timeframe charts like the daily, weekly and monthly charts will usually have enough data to do valid tests.

But on lower timeframes, such as the 4-hour chart and below, the historical data is very limited.

You may only have access to two or three years of data, which is never sufficient to do a thorough backtest.

Be sure to read more about how to how many trades you need to have confidence in a trading strategy.

If you require the entire data set for a particular market, you’ll need to subscribe to the Deep Backtesting feature, which is only available on the higher tier paid plans.

This is a big downside of the platform.

If you don’t want to pay the higher TradingView monthly fee, there are other solutions such as Naked Markets, which usually provides much more historical data than TradingView and free ongoing data updates, for just a one-time investment.

Limitations and Downsides

Here are the limitations of TradingView to be aware of:

  • The backtesting function is only available on TradingView paid plans.
  • TradingView lacks sufficient historical trading data on the lower tier plans. It can be enough data on the higher timeframes, such as the daily chart. As you move down to lower time frames like the 4-hour or 1-hour chart, you may only get two or three years of data, which is not enough. You have to pay more for Deep Backtesting to get more comprehensive data.
  • There’s no way to upload your own historical data.
  • You can only backtest one market, strategy and timeframe at a time. There is currently no way to backtest multiple variables simultaneously.
  • No offline testing.
  • The reporting metrics are decent, but still limited. I would like to see more detailed backtesting statistics.
  • Although TradingView’s backtesting function is useful, it is not a substitute for live trading. You should still exercise caution and not rely solely on backtesting results. Be sure to implement Forward Testing before risking real money on a strategy.

While TradingView’s backtesting function has its limitations and costs, it can be a valuable tool for testing trading strategies quickly.

Conclusion

Based on my experience with the backtesting function in TradingView, it’s not for everyone.

It only really makes sense if you can do 2 things:

  1. Code in Pine Script
  2. Subscribe to a paid plan that has Deep Backtesting capability

One big benefit of the backtesting feature is that you can test community-created trading strategies and scripts.

Unfortunately, most of them are useless. That’s no different than any other platform.

But they can be an excellent starting point to give you ideas for your own strategy.

If you want to backtest manually, TradingView also has a Bar Replay function that will eliminate the need to learn Pine Script.

So at the end of the day, backtesting in TradingView can make sense for some traders, but it’s not for everyone.

That said, I strongly feel that TradingView is the best charting platform available and I highly recommend it for that.

 

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Tether Brings In Trump’s Former Crypto Adviser Bo Hines as Strategic Guide https://earlybirdsinvest.com/tether-brings-in-trumps-former-crypto-adviser-bo-hines-as-strategic-guide/ https://earlybirdsinvest.com/tether-brings-in-trumps-former-crypto-adviser-bo-hines-as-strategic-guide/#respond Tue, 19 Aug 2025 22:53:10 +0000 https://earlybirdsinvest.com/tether-brings-in-trumps-former-crypto-adviser-bo-hines-as-strategic-guide/

Tether
USDT


$0.9956

has added Bo Hines, a former crypto adviser under President Donald Trump, to its team as a strategic adviser.

His focus will be on digital assets and the company’s approach to the US market.

The company explained in a press release on August 19 that Hines will help guide its entry into the United States by working on both strategy and outreach. Part of his role will be to build relationships with policymakers and other industry players.

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Paolo Ardoino, the firm’s chief executive, noted that Hines brings knowledge of government processes and an interest in practical blockchain use. He said these qualities make Hines a valuable addition as Tether expands into what it calls the world’s largest market.

Hines served as the Executive Director of the President’s Council of Advisers on Digital Assets. In that position, the 29-year-old worked on policies for stablecoins and other digital assets, including a plan that aimed to create a Bitcoin
BTC


$112,788.29

reserve.

He said his government role gave him a clear view of how stablecoins could improve payments and widen access to financial services.

Commenting on his new role, Hines said:

I’m thrilled to join Tether at such a pivotal moment, helping to deliver an ecosystem of products that will set the standard for stability, compliance, and innovation in the US market.

On August 9, Hines announced that he stepped away from his position in the US government to return to private industry. What did he say? Read the full story.


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Beginner’s Guide to the Engulfing Candle Chart Pattern https://earlybirdsinvest.com/beginners-guide-to-the-engulfing-candle-chart-pattern/ https://earlybirdsinvest.com/beginners-guide-to-the-engulfing-candle-chart-pattern/#respond Tue, 19 Aug 2025 01:25:28 +0000 https://earlybirdsinvest.com/beginners-guide-to-the-engulfing-candle-chart-pattern/

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The Engulfing Candle is one of the simplest and possibly most underrated chart patterns in trading.

In this tutorial, I’ll show you how to identify the pattern, what it tells us as traders and I’ll give you some trading strategies that use this pattern.

Many people over-complicate this pattern, but it’s very simple.

There are basically 2 types of Engulfing Candles.

Here’s how to identify them. 

Bullish Engulfing Candle

A Bullish Engulfing candlestick pattern signals a potential reversal from a downtrend to an uptrend.

Here’s what to look for:

  • 2-candle formation
  • First candle is smaller than the second candle and the close is lower than the open
  • Second candle has the largest candle body that has been seen in awhile and the close is higher than the open
  • The high of the second candle is higher than the high of the first candle
  • The low of the second candle is lower than the low of the first candle
  • The second candle closes near the high of its range
  • This pattern has to print on a support or resistance level

Examples

Here is an example of a Bullish Engulfing pattern on a Bitcoin chart. The blue arrow shows the Engulfing Candle. 

Bullish Engulfing Candle on Bitcoin

Notice how this was a dramatic turning point on the chart.

This obviously won’t happen all the time, but it does happen frequently enough that you should pay attention.

Here’s a second example on the USDCHF Forex pair.

Bullish Engulfing Candle example on USDCHF

This one rallied hard after the pattern printed on a previous support level.

So those are just a couple of examples of when a Bullish Engulfing Candle can signal an upward move in a market.

Now let’s take a look at the opposite of this pattern.

Bearish Engulfing Candle

A Bearish Engulfing candlestick pattern signals a potential reversal from a downtrend to an uptrend.

Here’s what to look for:

  • 2-candle formation
  • First candle is smaller than the second candle and the close is higher than the open
  • Second candle has the largest candle body that has been seen in awhile and the close is lower than the open
  • The high of the second candle is higher than the high of the first candle
  • The low of the second candle is lower than the low of the first candle
  • The second candle closes near the low of its range
  • This pattern has to print on a support or resistance level

Examples

This example on the AUDNZD chart shows how fast price can move after a Bearish Engulfing candle pattern.

Notice how it prints on a previous level of resistance.

Bearish Engulfing Candlestick pattern example in AUDNZD

Now here’s an example on the NZDCAD chart.

Again there was a sharp move after the engulfing candle prints on the resistance zone.

Bearish Engulfing Candlestick pattern example in NZDCAD

Take any chart and start looking for this pattern.

You’ll notice that it happens more often than you might expect.

But don’t stop there.

Be sure to test this pattern out before risking real money.

My Favorite Engulfing Candle Resources

Here are resources for Engulfing Candle trading strategies that I’ve found super useful.

You can use them to help you create, test and trade Engulfing Candle trading strategies.

How to Prove Engulfing Candles Actually Work

At this point, you’re probably wondering: Does this actually work?

That’s a perfectly natural question and the only one that matters, quite frankly.

So here’s the truth about trading Engulfing Candles…

Just like with any other trading method, the success of the chart pattern will be determined by the specific trading plan.

There are many ways to enter and exit trades with this pattern, so you need to define these parameters in order to have a real trading strategy.

I’ll provide specific trading strategy plans in the next section. 

But here’s where most traders get tripped up…

Remember, there are only 2 types of trading strategies, discretionary and fully automated.

Most Engulfing Candle strategies are discretionary.

Therefore, the results can vary greatly between traders.

So it is essential that you backtest it for yourself to find out how good you are at identifying the setups in your trading strategy plan.

Practice can also improve your skills, so don’t be afraid to keep running through simulations until you feel you’ve maxed out your potential.

Now it might be possible to automate an Engulfing Candle strategy. If so, then the results are usually reproducible between traders.

Even then, you still have to create an automated strategy and test it on every market/timeframe you trade.

Always verify, never take another person’s word for it.

Remember, profitable trading strategies usually start out as very unprofitable ideas.

So start experimenting and don’t be afraid to test your own ideas.

You just might discover something amazing.

Trading Strategies That Use Engulfing Candles

Here are some trading strategies that you can review and start testing for yourself.

I’ve also included my own backtesting results so you can compare notes and make improvements on these strategies.

Final Thoughts

This super simple candlestick pattern could be the basis for your next grail trading strategy.

It is easy to identify and can be programmed into most trading platforms.

But it’s up to you to test it out and find out if it will work.

Remember, the most profitable strategy in the world is the one that fits YOU best.

Now get to work. 

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A Complete Guide to DreamNet: The Next-Gen Media Protocol https://earlybirdsinvest.com/a-complete-guide-to-dreamnet-the-next-gen-media-protocol/ https://earlybirdsinvest.com/a-complete-guide-to-dreamnet-the-next-gen-media-protocol/#respond Mon, 21 Jul 2025 08:28:06 +0000 https://earlybirdsinvest.com/a-complete-guide-to-dreamnet-the-next-gen-media-protocol/

AI is transforming the entertainment landscape. New ideas, concept and protocols continue to push the boundaries of digital creativity – and one such project looks to harness the power of AI whilst rewarding human input. That project is called DreamNet.

Developed by the team behind popular NFT collection Doodles, DreamNet looks to reward creativity whilst allowing AI to help build compelling narratives, worlds, characters and lore – with blockchain technology underpinning it all.

DreamNet is ambitious, massive in scale, and has the potential to have a gigantic impact – but what is it for, how does it works, and when can we expect to get our hands on it?

Here’s our complete guide to DreamNet.

Key Insights

  • DreamNet is an AI-based media protocol that rewards human input in world-building, narratives, and lore
  • Powered by $DOOD, DreamNet is community-owned and built on Base
  • The goal of DreamNet is to adequately reward original creativity whilst allowing AI to train and expand on those ideas
  • DreamNet is currently in development, with no release date communicated so far
  • In the short term, DreamNet hopes to expand the world of Doodles with new characters, lore, areas and more
DreamNet Guide - Media Protocol
Source: DreamNet

What is DreamNet?

DreamNet is a community-owned storytelling protocol designed to drive AI-driven content creation whilst rewarding valuable human creativity.

Developed by the team behind the Doodles NFT collection, DreamNet was revealed in March 2025. At its heart, DreamNet allows humans to contribute characters, lore, locations and more to existing narrative worlds, offering fair rewards based on audience reception, and utilising AI to help further develop and expand these ideas.

Central to DreamNet is the WorldState – a dynamic ledger that records contributions, assesses audience reception, and tracks the development of narrative worlds. WorldState also handles the reward mechanisms of DreamNet, making DreamNet fully-decentralised from the Doodles team.

DreamNet leverages multiple blockchain networks. $DOOD – which was launched on the Solana blockchain, is expected to be bridged to Base – with DreamNet itself to be primarily run on the Base network.

The Doodles team herald DreamNet as a crucial tool for the future of human and AI co-creation – and holders of their NFTs will be the first to experience it. Holders will gain exclusive access to the DreamNet closed beta, with 30% of the supply of $DOOD reserved for holders – allowing them to get a head-start in DreamNet’s economy.

$DOOD will be the core currency of DreamNet – alongside Universe, Agent and Place tokens. $DOOD can be used to pay for AI content generation, staked to earn other tokens, or can be earned by making contributions to existing narratives.

DreamNet Guide - WorldState
Source: DreamNet

How can I benefit from DreamNet?

For Doodles holders, DreamNet looks to increase both the utility and the ultimate value of their assets, alongside giving them priority access to both DreamNet itself and specific perks relating to the $DOOD token.

For non-Doodles holders, there’s still plenty of ways to benefit. Got an idea for a narrative world you’ve been build, and want to see how the wider public can build on it? Or, are you a fan of a particular narrative world, and have the perfect idea for a new character, place or lore event? DreamNet allows you to share these ideas with others, with the potential for lucrative $DOOD rewards should the wider public receive them well.

For developers, the Doodles team are looking to provide tools and documentation to provide access to the data on specific narrative worlds, creating a strong foundation for immersive games, apps and experiences.

Doodles will be used as the first narrative world that users can contribute towards using DreamNet. The goal is to expand this to other popular worlds, before a wider release that could allow public world contributions.

Should DreamNet find support, it could give IP holders and communities alike the tools they need to expand their worlds further, democratising the creative process and challenging the current top-down entertainment landscape.

DreamNet’s potential popularity could also create wider opportunities across Web3. With a leader in NFTs committing to a decentralised, community-driven toolset, other NFT communities could see a demand to follow in their footsteps, helping holders to have a bigger impact on the assets they hold.

DreamNet Guide - $DOOD Token
Source: DreamNet

What’s next for DreamNet?

DreamNet is an ambitious tool on a scale that we’ve yet to see before – and for many of us, we’re still yet to see it in action.

Should the closed beta test go well – which is available exclusively for Doodles holders – we can anticipate a more public release further down the line, though we’ve yet to receive any indication as to when this might occur.

With DreamNet, Doodles have the idea for a tool that helps to ensure that genuine human creativity is rewarded in a world that is increasingly reliant on AI – and could help storytelling enter an all-new era. Will it be a success? Only time will tell.

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A Complete Guide to Gunzilla Games: The Off The Grid Studio https://earlybirdsinvest.com/a-complete-guide-to-gunzilla-games-the-off-the-grid-studio/ https://earlybirdsinvest.com/a-complete-guide-to-gunzilla-games-the-off-the-grid-studio/#respond Tue, 15 Jul 2025 08:37:04 +0000 https://earlybirdsinvest.com/a-complete-guide-to-gunzilla-games-the-off-the-grid-studio/

Web3 game studios are creating new blockchain-based titles every single day. With Off The Grid, one studio made one of the most impactful Web3 games to date. That studio is Gunzilla Games.

Emerging from relative obscurity into one of the hottest names in the blockchain gaming space, Gunzilla Games continues to lead the way in mainstream Web3 gaming, with Off The Grid continuing to find success on a wide range of platforms.

Gunzilla Games have etched their name into history – but how did Off The Grid come about, what are they working on right now, and what can we expect in future?

Here’s our complete guide to Gunzilla Games.

Key Insights

  • Founded in 2020 by an experienced and talented team of games industry veterans
  • Secured over $100 million USD in funding from leading venture capital firms and industry figures
  • Their debut title Off The Grid entered early access in October 2024, available on all major platforms
  • $GUN released in March 2025, becoming the official ecosystem token of Gunzilla Games
  • Gunzilla aims to continue to grow Off The Grid, and expanding their reach into mainstream gaming audiences
Gunzilla Games Guide - Development Team
Source: Gunzilla Games

What is Gunzilla Games?

Gunzilla Games was founded in March 2020, bringing together a wide range of experience in both the gaming and entertainment industries.

Vlad Korolev serves as CEO – a career veteran in both fintech and gaming, being a co-founder of PLINK and developer on Warface. He’s joined by Alexander Zoll as Chief Strategy Officer, who had previously served as studio lead at Crytek Kyiv.

The two are joined by Neill Blomkamp as Chief Creative Officer – a renowned filmmaker who counts District 9, Elysium and Chappie amongst his portfolio. Blomkamp brings Hollywood-level storytelling and visuals to Gunzilla – accompanied by the story of Richard K. Morgan and Olivier Henriot, and the sound of Grammy Award-winning composer Lorne Balfe.

Gunzilla Games Guide - NFT Items
Source: Off The Grid

The company operates from a trio of global studios:

  • Frankfurt, Germany: The company HQ, and their home of art, design and marketing
  • Kyiv, Ukraine: Responsible for operations, core programming, and support roles
  • London, UK: Responsible for strategy and core business functions

Since their foundation, Gunzilla Games have raised over $100 million USD to pursue their vision for the future of gaming.

Their journey began with $25 million in funding from GameGroove – a company created by Zoll and Korolev. Their first funding round in August 2022 saw an additional $46 million enter the pot from names such as Republic Capital, Griffin Gaming Partners and Animoca Brands. This was joined by a further $30 million in 2023, co-led by CoinFund and Avalanche’s Blizzard Fund – with the latter becoming key to their future operations.

Gunzilla Games Guide - Off The Grid
Source: Off The Grid

What is Off The Grid?

Off The Grid is the flagship title of Gunzilla Games. Announced in May 2022, and entering early access in October 2024.

Set in the dystopian cyberpunk backdrop of Teardrop Island, the game mixes futuristic technology and gritty aesthetics with a humorous outlook. Combining the thrill of an extraction royale with battle royale mechanics in a third-person perspective, the game became a big hit on PS5, Xbox Series X/S and PC.

Alongside the gripping PvP gameplay, Off The Grid incorporates a concurrent 60-hour narrative campaign, allowing playing to dive more into the lore of the game and the reality of your surroundings.

Since its launch, Off The Grid has achieved remarkable success as unquestionably the biggest blockchain game to date, with over 12 million sign-ups, 120,000 concurrent viewers on Twitch during peak periods, and more than 500,000 daily active users in its first month.

Gunzilla Games Guide - GUNZ Platform
Source: Gunzilla Games

What is GUNZ?

GUNZ is a custom sub-net of Avalanche, and is the blockchain which powers all of Off The Grid‘s on-chain features.

Powered by the $GUN token, GUNZ facilitates the system that allows in-game items to be NFTs. Players can own these digital items independent of the Off The Grid game, and can freely buy, sell and trade these items with other players.

Despite its benefits, GUNZ is totally optional for players to engage with. If you wish to play Off The Grid without any of the blockchain-based features, you can do so – helping the game to build an audience within traditional gaming circles.

The integration of GUNZ hasn’t been without controversy. Several high-profile creators believe that Gunzilla Games downplayed the impact that NFT and crypto integration would have on Off The Grid and its long-term sustainability.

Gunzilla Games Guide - Off The Grid Gameplay Screenshot
Source: Off The Grid

What’s next for Gunzilla Games?

Gunzilla’s immediate focus is on growing and expanding the Off The Grid ecosystem.

The team have held multiple high-profile events so far, such as the $600,000 All-Stars Invitational, and the regular Clash For Cash tournaments that offered daily prizes of $3,000.

The GUNZ platform is also expected to expand its functionality, with the release of a SDK for developers, additional funding expectations, and further developments for the $GUN economy.

Although Gunzilla Games is just 5 years old, and its flagship game Off The Grid has been available for less than 12 months, they’ve already had a significant impact on the blockchain gaming industry. Their success so far has been an inspiration to many, and with their continued success and funding, they’ll remain a major player to watch in the years to come.

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Step-by-Step Guide to Crypto Wallet App Architecture https://earlybirdsinvest.com/step-by-step-guide-to-crypto-wallet-app-architecture/ https://earlybirdsinvest.com/step-by-step-guide-to-crypto-wallet-app-architecture/#respond Tue, 15 Jul 2025 04:05:14 +0000 https://earlybirdsinvest.com/step-by-step-guide-to-crypto-wallet-app-architecture/

Cryptocurrency wallets have become essential tools for anyone dealing with digital assets. Whether it’s Bitcoin, Ethereum, or other altcoins, a crypto wallet provides users with a secure and convenient way to store, send, and receive cryptocurrencies. For businesses looking to enter this growing market, understanding the architecture behind a crypto wallet app is crucial for successful development.

If you are searching for a Cryptocurrency Wallet Development Company, it is important to grasp the technical and functional components that make up a reliable wallet application. This guide will walk you through the essential steps involved in designing and developing a robust crypto wallet app architecture, helping you make informed decisions and communicate effectively with your development partners.

Before diving into architecture, it’s important to understand what a cryptocurrency wallet is and how it functions. A crypto wallet is a software application that stores private and public keys, enabling users to manage their digital currency holdings. Wallets interact with blockchain networks to facilitate transactions and provide users with access to their funds.

There are two primary types of wallets:

  • Custodial Wallets: These wallets are managed by a third party who holds the private keys on behalf of the user.
  • Non-Custodial Wallets: Users have full control over their private keys, offering greater security and control.
  • Choosing the right type depends on your business model and target audience.

The first architectural decision involves selecting the wallet type and platform:

  • Wallet Type: Custodial or non-custodial, hot wallet (connected to the internet), or cold wallet (offline storage).
  • Platform: Mobile (iOS, Android), web, desktop, or browser extensions.
  • Mobile wallets are popular due to their accessibility, while web and desktop wallets offer more extensive features for power users.

A typical crypto wallet app architecture consists of the following layers:

The UI should be intuitive and straightforward, allowing users to:

  • View balances and transaction history
  • Send and receive cryptocurrencies easily
  • Manage multiple wallets and addresses
  • Access settings for security features like PIN, biometrics, and two-factor authentication

Responsive design is important to support various devices and screen sizes. Frameworks like React Native or Flutter are commonly used for cross-platform mobile development.

At the heart of the wallet is the wallet engine, responsible for:

  • Key Generation: Creating private and public keys securely.
  • Key Storage: Storing private keys in encrypted form, often using secure enclaves or hardware security modules.
  • Transaction Signing: Using private keys to sign transactions before broadcasting to the blockchain.

For non-custodial wallets, key management is critical because users control their keys. Multi-party computation (MPC) and hierarchical deterministic (HD) wallets are popular methods to improve security and usability.

Your wallet app must communicate with blockchain networks to:

  • Retrieve real-time balance and transaction data
  • Broadcast signed transactions
  • Monitor transaction confirmations

This can be done by running your own blockchain nodes or using third-party APIs and services. Technologies like web3.js or ethers.js are commonly used to interact with Ethereum and other blockchains.

Security is paramount in crypto wallet development. Key security measures include:

  • Multi-Factor Authentication (MFA): Adding layers like OTPs or biometrics.
  • Encryption: Encrypting private keys and sensitive data.
  • Anti-Phishing Measures: Protecting users from fraudulent sites and transactions.
  • Session Management: Auto-logout after inactivity to prevent unauthorized access.
  • Backup and Recovery: Allowing users to back up their wallets with seed phrases or recovery keys.

To improve user experience, consider integrating:

  • Push Notifications: Alert users about transactions and price changes.
  • Currency Conversion Rates: Real-time updates to display cryptocurrency values in fiat currencies.
  • Paper Wallet Import: Allow users to import wallets via QR codes.
  • Payment Gateway Integration: Enable buying and selling of cryptocurrencies directly within the app.
  • Address Book: Manage frequently used wallet addresses for faster transactions.

While many wallets operate fully on the client side, backend services can add value by:

  • Storing transaction histories for quick access
  • Managing user profiles and preferences
  • Providing analytics and reporting
  • Handling fiat-to-crypto exchange rates and transactions

APIs from blockchain explorers, exchange platforms, and analytics providers can be integrated to enrich wallet functionality.

Thorough testing is essential to identify vulnerabilities and ensure smooth operation. This includes:

  • Functional Testing: Verify all features work as intended.
  • Security Testing: Penetration tests, vulnerability assessments.
  • Performance Testing: Ensure the app handles load and transactions efficiently.
  • Usability Testing: Confirm the app is user-friendly.

After testing, deploy the app on relevant platforms such as Google Play Store and Apple App Store, accompanied by a marketing strategy to attract users.

Developing a cryptocurrency wallet app requires careful planning and execution across multiple technical layers. From choosing the wallet type to integrating blockchain interactions and implementing robust security, each step is vital to building a trustworthy and efficient wallet.

If you are a business looking to create a crypto wallet or seeking expert guidance, partnering with a reliable Cryptocurrency Wallet Development Company can make a significant difference.

For professional and reliable wallet development services, Codezeros offers end-to-end solutions tailored to your business needs. Our experienced team specializes in creating secure, scalable, and user-friendly cryptocurrency wallets that meet industry standards.

Contact Codezeros today to start your crypto wallet development journey and bring your digital asset management solution to life.

Before you go:

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How to Build a Crypto Trading Platform Like Delta Exchange: A Step-by-Step Guide https://earlybirdsinvest.com/how-to-build-a-crypto-trading-platform-like-delta-exchange-a-step-by-step-guide/ https://earlybirdsinvest.com/how-to-build-a-crypto-trading-platform-like-delta-exchange-a-step-by-step-guide/#respond Wed, 09 Jul 2025 04:08:47 +0000 https://earlybirdsinvest.com/how-to-build-a-crypto-trading-platform-like-delta-exchange-a-step-by-step-guide/

Cryptocurrency trading platforms are the backbone of the digital asset economy, enabling millions to buy, sell, and trade cryptocurrencies securely and efficiently. Among the most respected names in this sector is Delta Exchange, known for its robust derivatives trading, high liquidity, and advanced risk management features. If you’re considering building a crypto trading platform like Delta Exchange, this comprehensive guide will walk you through every stage — from initial research to post-launch support — in a way that’s accessible for businesses and potential clients seeking a reliable cryptocurrency exchange development company.

Building a crypto trading platform is a complex but rewarding venture. The global appetite for digital assets continues to grow, and platforms that offer secure, user-friendly, and feature-rich trading experiences are in high demand. This guide is designed for businesses and entrepreneurs who want to understand the full process of launching a trading platform like Delta Exchange.

Delta Exchange is recognized for its high daily trading volumes, advanced derivatives products (futures, perpetual contracts, options), and a user-centric approach. Replicating such a platform allows you to:

  • Tap into a growing market of professional and retail traders
  • Offer advanced trading instruments beyond basic spot trading
  • Attract global users with a scalable, secure, and compliant platform
  • Build a sustainable business model with multiple revenue streams

Begin with thorough market research to identify your target users, analyze competitors, and define your unique selling proposition (USP). Study platforms like Delta Exchange to understand which features and trading models attract users. Key points to consider:

  • Who are your primary users (retail, institutional, professional traders)?
  • Which regions or countries will you target?
  • What gaps exist in the current market?
  • What will set your platform apart (e.g., unique derivatives, lower fees, better UI)?

A clear business plan should outline your revenue model (trading fees, withdrawal fees, premium features), marketing strategies, and growth projections.

Compliance is crucial. Cryptocurrency exchanges must operate within the legal frameworks of their chosen jurisdictions. This means:

  • Selecting a country with clear crypto regulations and licensing options
  • Implementing AML (Anti-Money Laundering) and KYC (Know Your Customer) protocols for user onboarding
  • Establishing data protection and privacy policies
  • Preparing for regular audits and regulatory reporting

Engage legal experts early to avoid costly setbacks later in the process

Selecting the right cryptocurrency exchange development company is a critical decision. A reputable partner will provide:

  • Secure and scalable architecture
  • Robust backend and wallet integration
  • Compliance with KYC/AML standards
  • Guidance from design through deployment
  • Ongoing technical support and upgrades

Review portfolios, client testimonials, and case studies before making a choice.

Selecting the right cryptocurrency exchange development company is a critical decision. A reputable partner will provide:

  • Secure and scalable architecture
  • Robust backend and wallet integration
  • Compliance with KYC/AML standards
  • Guidance from design through deployment
  • Ongoing technical support and upgrades

Review portfolios, client testimonials, and case studies before making a choice.

You can either:

  • Build a custom platform: Offers maximum flexibility and control, but requires more time and investment.
  • Opt for a white-label solution: Faster and more cost-effective, but may limit customization and scalability.

White-label solutions are ideal for quick market entry, while custom builds are better for long-term growth and unique features.

A robust architecture is the backbone of a reliable trading platform. Key components include:

Plan for scalability (horizontal scaling, database sharding) and security (encryption, cold storage)

Your platform should include the following essential features to match Delta Exchange’s standards:

  • User Registration & KYC: Simple onboarding with identity verification
  • Spot & Derivatives Trading: Support for futures, perpetual contracts, and options
  • Advanced Order Types: Market, limit, stop, trailing stop
  • Wallet & Fund Management: Multi-currency wallets, real-time balances, easy deposits/withdrawals
  • Real-Time Charting & Market Data: Live price feeds, historical data, technical indicators
  • Risk Management Tools: Margin calls, position limits, insurance fund
  • Admin Panel: User management, transaction monitoring, compliance tools
  • Security Features: 2FA, cold wallet storage, anti-DDoS, encryption

A clean, intuitive interface is essential for user retention. Focus on:

  • Responsive design for web and mobile
  • Real-time data display and order book updates
  • Dark/light themes and multilingual support
  • Easy navigation for both beginners and experienced traders

The trading engine is the heart of your platform. It must:

  • Match buy and sell orders instantly
  • Handle high transaction volumes with low latency
  • Support multiple trading pairs and derivatives

Wallet integration should allow secure deposits, withdrawals, and internal transfers across various cryptocurrencies.

The admin panel enables compliance monitoring, user management, and real-time analytics for platform operators.

Security cannot be compromised. Implement:

  • Two-Factor Authentication (2FA)
  • Cold wallet storage for the majority of user funds
  • End-to-end encryption for sensitive data
  • Anti-DDoS and firewall protection
  • Regular security audits and penetration testing

Before going live, conduct comprehensive testing:

  • Unit Testing: Validate individual components
  • Integration Testing: Check how components interact
  • Load Testing: Simulate high-traffic scenarios
  • Penetration Testing: Identify and fix vulnerabilities
  • User Acceptance Testing (UAT): Collect feedback from beta testers

Deploy your platform on a reliable cloud infrastructure (AWS, Google Cloud) or on-premises servers. Set up:

  • Monitoring tools for performance and security
  • Customer support channels for user queries
  • A launch strategy involving marketing, community engagement, and partnerships

Deploy your platform on a reliable cloud infrastructure (AWS, Google Cloud) or on-premises servers. Set up:

  • Monitoring tools for performance and security
  • Customer support channels for user queries
  • A launch strategy involving marketing, community engagement, and partnerships

Estimated costs vary depending on features and customization:

Ongoing costs for support, compliance, and upgrades should also be budgeted.

Building a crypto trading platform is a major undertaking that requires expertise, security, and ongoing support. Codezeros specializes in end-to-end cryptocurrency exchange development, offering:

  • Custom and white-label solutions
  • Advanced trading engines and wallet integration
  • Full compliance with global regulations
  • Scalable, secure, and high-performance architecture
  • Dedicated post-launch support and upgrades

Launching a crypto trading platform like Delta Exchange demands careful planning, technical expertise, and a strong focus on compliance and security. By following these steps and partnering with a trusted development company, you can enter the booming crypto market with confidence.

Ready to build your own crypto trading platform? Contact Codezeros today to discuss your project requirements and get started with expert cryptocurrency exchange development.

Before you go:

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A Complete Guide to Coldlink: Your Trusted Wallet Companion https://earlybirdsinvest.com/a-complete-guide-to-coldlink-your-trusted-wallet-companion/ https://earlybirdsinvest.com/a-complete-guide-to-coldlink-your-trusted-wallet-companion/#respond Mon, 07 Jul 2025 13:12:33 +0000 https://earlybirdsinvest.com/a-complete-guide-to-coldlink-your-trusted-wallet-companion/

Wallet security is the primary concern for millions of blockchain enthusiasts around the world. How can you keep your prized assets safe, whilst proving your ownership of your most valuable NFTs? One tool is tailor made to solve this. That tool is Coldlink.

Developed by the team behind one of the most recognisable NFT collections in the industry, this tool has made it possible to follow best security practices whilst maintaining the flexibility to connect to the services you desire – and it continues to grow in users.

Coldlink has been a game-changer for many – but how did the tool come around, how does it work, and what features could be added to the tool in future?

Here’s our complete guide to Coldlink.

Key Insights

  • Coldlink allows users to prove that they own an NFT without directly connecting the wallet it belongs to
  • This allows holders to retain flexibility without trading security
  • The Coldlink tool currently supports Ethereum and Solana, with plans to expand support in future
  • The system is powered using a secure API and private database, with USD costs for each Coldlink made
  • Coldlink is created by DFZ Labs, the team behind the Deadfellaz NFT collection

Coldlink Guide - Website

What is Coldlink?

Coldlink is a “universal verification and delegation tool”.

Debuting in early 2025, Coldlink allows users to prove that their cold wallet holds NFTs without directly connecting that wallet to a website, app or service.

This works by allowing users to link their cold wallet to a unique identifier, such as a hot wallet, NFC chip, or even your X handle.

By using Coldlink, users can have both the security benefits of a cold wallet and the flexibility of a hot wallet with zero compromises.

Coldlink has proven to be both a common-sense and a powerful solution, allowing users to utilise the benefits of owning valuable NFT collectibles whilst being safe in the knowledge that Coldlink is helping to keep their most valuable assets safe and secure.

Who created Coldlink?

Coldlink is created by DFZ Labs – the creators of popular Deadfellaz NFT collection.

DFZ Labs is led by co-founders Psych and Betty. They bring over 10 years of experience from creative industries into Web3, and have used that experience to create an array of products, tools and services.

Coldlink was originally designed to solve a problem experienced by many in the Deadfellaz community. With a growing number of products – such as upcoming trading card game Death Touch – holders wanted a way to gain their holder-only benefits without putting their Deadfellaz NFTs at risk.

Coldlink Guide - Ethereum and Solana

How does Coldlink work?

To enable Coldlink, users select their cold wallet, set a link duration, choose an identifier they’d like to use – such as a hot wallet, X handle, or NFC chip – and pay a small fee to get the link set up.

This takes less than 60 seconds costs less than $1 USD for a typical link that lasts up to one full year.

The systems that power Coldlink are off-chain and developed by the DFZ Labs team. No smart contracts are involved, with the core processes taking place away from the blockchain. As DFZ Labs is a trusted name in the industry, this has plenty of benefits – although the centralised nature of the service has raised concerns for some.

 

How can I create a Coldlink?

Creating a Coldlink takes less than 60 seconds:

  1. Visit Coldlink: Open your web browser and navigate to coldlink.xyz
  2. Start the process: Click the “Create a Coldlink” button
  3. Select blockchain: Choose the primary blockchain for your cold wallet
  4. Enter wallet: Enter the public address of your cold wallet
  5. Set link duration: Choose how long you’d like the link to be active – from 1 day to 1 year
  6. Choose identifier: Select another wallet address, X handle or NFC chip as an identifier, and click “Submit”
  7. Make payment: Pay the displayed fee from your cold wallet to the address shown
  8. Link activated: Once payment is verified, your Coldlink is now live!

Coldlink Guide - Tool Comparison

Why should I use Coldlink?

Coldlink’s way of creating off-chain, verified wallet links has many applications, helping to keep your NFTs both safe and connected. Some examples include:

  • Secure tokengating: Coldlink enables a hot wallet to be used to verify NFT ownership, claim airdrops, gain access to holder-only sites and more
  • Identity linking: By linking your cold wallet to your X profile, you can prove that both your X profile and your wallet address are authentic
  • Physical connections: By linking your cold wallet to an NFC chip, users can verify their held NFTs with a physical item, making IRL event access simple
  • Share utility: Unable to attend a tokengated IRL event? Use Coldlink to temporarily link your cold wallet to an NFC chip, and give that NFC chip to a friend

What are the pros and cons of Coldlink?

Coldlink has many advantages, but also some drawbacks:

Benefits:

  • Reduced risk: Coldlink can decrease the number of apps, services and tools that your cold wallet needs to interact with
  • Affordability: Coldlink is affordable, making it a viable option for all Web3 users regardless of disposable funds

Risks:

  • Centralization: Coldlink is centralised by design, with the system only as secure as DFZ Labs own core database and API security
  • Trust: Coldlink users must trust that DFZ Labs has the best of intentions, and that their security is top-notch – not just now, but in future
  • Transparency: During its launch, key technical documentation was reported as being inaccessible – making it difficult to verify Coldlink’s security

Coldlink Guide - Ronin Endpoint

What’s next for Coldlink?

DFZ Labs plans to continue development of Coldlink:

  • Blockchain support: Layer-1 blockchains such Bitcoin, Cardano and XRP, and Layer-2 networks such as Abstract Chain are set to be added in future
  • Linking options: The end goal for Coldlink is to be able to link blockchain addresses to “anything, anywhere”, including Discord IDs and event tickets
  • More integrations: Coldlink has submitted a formal proposal to ApeCoin DAO for a custom version of Coldlink

The success of Coldlink will depend on its user uptake, growth, the success of future expansions, and whether DFZ Labs can build and maintain trust and support across the Web3 industry.

Centralised infrastructure is always a tough sell to blockchain enthusiasts. If DFZ Labs can prove that Coldlink is valuable, secure and reliable, the tool could thrive – especially as security is a paramount concern.

Should I use Coldlink?

Coldlink is a practical, smart approach where security meets flexibility – but this convenience comes with centralisation.

If your goal is to avoid possible dangers in third-party applications, and you trust the DFZ Labs team, Coldlink could be a valuable tool for you.

If decentralisation is a major factor for you, you might prefer to stick with traditional security practices – though your user experience will suffer.

In any case, Coldlink asks serious questions about how Web3 should balance security and flexibility – especially as onboarding continues to be a big topic.

Tools such as Coldlink – whether you would use them or not – are important for driving Web3 forwards, and there’s no doubt that its legacy – even at this early stage – could have a lasting impact on the industry at large.

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