Name: DOTMOOVS
SKU: MOOV
Price: 0.001077195337 USD

DOTMOOVS the first crypto mobile worldwide competitive environment. We believe that the work you put into your regular sports practice should be rewarded with $MOOVs and unique digital assets like NFTs, all powered by an AI-based scoring algorithm.The team consist of industry-recognized AI professionals and medical engineers, who were working on their product for quite a while already, highly professional and well positioned to deliver on their vision rather sooner than later.<h3>Highlight</h3>The project is backed by soccer superstars Luis Figo&nbsp;and Ricardo Quaresma, who are ambassadors for the project. Further ambassadors are already being worked on.<h3>Key Highlights</h3><ul><li>Very low initial market cap for strategic sale investors (Under 700k), but also very low fully diluted mcap --&gt; less risk for inflation / unlocking dumps</li><li>Solid team with strong track record</li><li>Very good Market Maker</li><li>Uniswap listing price almost x2 of private sale price</li><li>Team &amp; Foundational tokens fully locked for 1 year</li><li>Strong narrative</li></ul>dotmoovs&nbsp;is designed to challenge these issues — physical and geographic limitations, assessment of skill and finally monetisation. Our vision is to build a powerful sports platform where everyone can challenge their friends or any other similar skilled players in the World for a challenge in their favourite sport.Starting with an arbitration engine that uses a two-step algorithm to detect the human body and its various limbs’ positions, followed by a scoring algorithm to measure the player’s skill. The peer-to-peer challenges will allow anyone to monetise time training through cryptocurrencies and NFTs with open market dynamics.<ul><li>Bet on your performance with $MOOV tokens and liquid cryptocurrencies, win the match and collect the stakes. By staking $MOOV you can level up to unlock higher leagues with higher stakes.</li></ul>By using blockchain,&nbsp;dotmoovs&nbsp;will allow skill monetisation through digital currencies and assets with open market dynamics, giving athletes and players a superior sense of ownership and control, with democratised access regardless of the country and currency the player uses. We will create new revenue streams by allowing sports lovers to earn with their winnings; earn crypto rewards for their engagement; and earn NFTs with their progress such as trophies and collectibles they own and are able to trade or monetise.Anti cheatReal competition needs to ensure fairness. That’s why&nbsp;dotmoovs&nbsp;is developing a secure platform with fraud detection algorithms, allowing access to the winning party’s videos for complete confidence in the results. Also, our AI-driven arbitration of skill, will provide an unbiased look at the performance on any supported sport to assess confidently and accurately each player.Why now?Artificial Intelligence has developed to a never before seen state, where we can leverage existing technology and algorithms to solve new problems; our smartphones have incredible cameras and are now being equipped with LiDAR sensors as well, which allows understanding of depth (for future development); and Computer Vision have recently made it possible to very accurately detect human bodies and their positioning.Competing remotely has never been more of a need. COVID-19 has stopped a number of competitions and people are already engaging and competing with other athletes through videos sent on Whatsapp. The current pandemic augmented the need for people to challenge others at distance through digital-enabled products.Who are we and why are we doing this? Our first steps in building a communityIt’s simple: we love sports. And we have practiced a number of different modalities, but never at a professional level. But that does not mean we don’t love to challenge ourselves and improve our skills. And after many heated discussions over who won a match or who had the best technique, we decided to create an unbiased, automated app that would do that for us — and put an end to our arguments.We are working together with world-renowned athletes — our ambassadors — amateur athletes and sports-enthusiasts to ensure we will be able to deliver a product suitable for everyone. We want to create a fair ecosystem where everyone will be able to create communities, organise and run matches, tournaments or leagues and craft unique NFTs to expand the sports experience with access to a number of opportunities to bootstrap their environments across multiple blockchains.<ul><li>We want to bring together athletes and players, professionals and amateurs.</li></ul>We want to push boundaries, defy limits, break records. We want people to be able to have fun and earn money while doing what they love the most. We want to give our athletes the control over their favourite sports.

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DOTMOOVS is a platform powered by blockchain and a state-of-the-art AI system to analyse videos of players performing sports challenges.

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Bitcoin halvings often boost adoption and awareness as they generate significant media attention and discussions within the cryptocurrency community. The anticipation of reduced supply issuance can attract new users, investors, and businesses to the Bitcoin ecosystem, contributing to its growth and recognition in the wider financial world.

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Bitcoin block rewards are the payments miners receive for validating transactions and creating new blocks. They consist of newly generated bitcoins and transaction fees.

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Bitcoin halving is an event that reduces the rewards that miners receive for validating and adding new transactions to the blockchain by half and it occurs approximately every four years in the Bitcoin blockchain. This mechanism is designed to control the issuance of new bitcoins, limit the supply, and maintain Bitcoin's scarcity and value over time.

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Halvings reduce bitcoin creation rate, slowing down emission temps over time. This leads to curbing inflation. Decreased block rewards make miners rely more on transaction fees, potentially leading to higher fees and a self-sustaining network. Scarcity often drives up prices, attracting investors seeking hedging against inflation, impacting Bitcoin's economic dynamics. That’s why Bitcoin is often called “Store of Value”.

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Fear & Greed Index indicates the current market sentiment. There are 4 possible ranges: Extreme Greed, Greed, Fear, and Extreme Fear.<ul><li>Greed means that traders and investors feel too greedy. This may indicate that the market is due for a correction.</li><li>Fear means that traders and investors are too worried, close to panic sells. This could indicate a good entry point.</li></ul>It is also important to analyze how FGI changed over the period of time, for example in one day, week, or month.

The Fear and Greed Index (FGI) is a comprehensive tool for analyzing cryptocurrency sentiment. It is based on several important market indicators to determine the level of fear or greed present, with a range of 0 to 100.{br}{br}The Fear and Greed Index uses various modules to analyze influential variables in the cryptocurrency market, including volume, volatility, dominance, whale movements, search engine data, and order book analysis. It also features a machine learning algorithm that evaluates sentiment in social media posts and how popular technical analysis are affecting the market. Each module is given a specific weight based on its statistical impact on the market.

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We are assessing Bitcoin's volatility and maximum drawdowns, comparing these metrics with the average values from the past 30 and 90 days. We suggest that an abnormal increase in volatility signals a market driven by fear.

We evaluate current trading volumes and market momentum against 30/90 day averages, then combine these indicators. Typically, high daily buying volumes in a positive market lead us to conclude that the market is excessively greedy or overly bullish.

We collect and tally posts with various hashtags for each coin from Twitter (X) and monitor the speed and volume of interactions within certain time frames. A surge in interaction rates signifies heightened public interest in the coin, which we view as indicative of a greedy market.

A coin’s dominance represents its share of the total crypto market capitalization. For Bitcoin, an increase in dominance often stems from a flight to safety, reducing speculative investments in alt-coins as Bitcoin becomes the preferred safe haven in the crypto space. Conversely, a decrease in Bitcoin dominance suggests growing greed, as investors move into riskier alt-coins anticipating the next major bull run. For other coins, increasing dominance can imply a bullish or greedy sentiment specific to that coin.

We analyze Google Trends data for various Bitcoin-related search queries, focusing on changes in search volumes and identifying other currently popular searches.

The Crypto Fear and Greed Index is meticulously calculated based on a comprehensive analysis of multiple key metrics that gauge investor sentiment within the cryptocurrency market, such as the following.

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Latest Bitcoin Halving News

There have been three Bitcoin halvings since the launch of the Bitcoin blockchain. These previous halvings occurred in the following years:{br}{br}First Halving: November 28, 2012; the block reward was reduced from 50 BTC per block to 25 BTC per block.{br}{br}Second Halving: July 9, 2016; the block reward was reduced from 25 BTC per block to 12.5 BTC per block.{br}{br}Third Halving: May 11, 2020; the block reward was reduced from 12.5 BTC per block to 6.25 BTC per block.{br}{br}Fourth Halving: April 20, 2024; the block reward was reduced from 6.25 BTC per block to 3.125 BTC per block.

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The Bitcoin halving event, which is a process that reduces the reward for mining new Bitcoin blocks in half, has significant implications for miners, investors, traders, and users of the Bitcoin blockchain. These implications can be observed in both the short term and the long term. Let's explore some of the key implications in more detail:

How Does Bitcoin Halving Affect The Price of Bitcoin?

Bitcoin halving occurs to control the issuance of new bitcoins and ensure the cryptocurrency's scarcity. Bitcoin's protocol limits the rate at which new bitcoins are created, gradually slowing down the growth of its total supply. This deliberate scarcity is designed to mimic the scarcity and controlled supply of precious commodities like gold, making Bitcoin an attractive store of value and a hedge against inflation.

How Does Bitcoin Halving Work?

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Bitcoin halvings reinforce its reputation as a long-term investment by reducing the rate of supply issuance, making it scarcer over time. This scarcity, coupled with the network's growing adoption and utility, can enhance Bitcoin's appeal as a store of value and a hedge against inflation, attracting long-term investors.

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Bitcoin halvings directly impact miners by reducing their block rewards, cutting their income in half. This event can lead to increased competition and pressure on less efficient miners, potentially forcing some to exit the mining ecosystem while incentivizing more efficient operations and technological advancements.

Miner Economics

Mining difficulty is a measure of how much computing power it is required to mine new blocks in a blockchain network. It adjusts regularly to maintain a consistent rate of block production. When more miners join the network, the difficulty increases; when miners leave, it decreases.{br}{br}Hashrate, on the other hand, represents the computational power of the network's miners. It measures how many calculations a network can perform per second. A higher hashrate indicates a more secure and competitive network, as miners with more computational power are more likely to mine new blocks and receive rewards.

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Bitcoin halvings can influence the hash rate and network security by potentially leading to fluctuations in miners' profitability. If the price doesn't rise significantly to compensate for the reduced block rewards, some miners may leave the network, temporarily lowering the hash rate and potentially making the network more vulnerable to attacks until the difficulty adjusts.

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The next Bitcoin halving is expected to occur in March 2028, when the block height number hits 1,050,000. After that, the next block’s reward will be halved: 1.5625 BTC instead of 3.125 BTC.

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Bitcoin halvings can increase price volatility because they create uncertainty about future supply reductions. The expectation of reduced issuance can attract speculative trading and result in price fluctuations as market participants respond to changing supply dynamics. This can lead to both upward and downward price swings before and after halving events.

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The key to Bitcoin's long-term success lies in its Proof-of-Work consensus mechanism within a peer-to-peer environment. This mechanism operates independent of external inputs like clock readings. Proof of Work is based on a fundamental truth: computation requires work, and work requires energy and time in our universe.{br}{br}Difficulty adjustments are necessary to prevent Bitcoin's internal clock from speeding up due to increased miner participation or improved mining devices. Without these adjustments, the value of Bitcoin would quickly decline.

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Bitcoin's maximum supply is capped at 21 million Bitcoins. This limit is hard-coded into the Bitcoin protocol and cannot be changed without overwhelming consensus from the network's participants. The maximum supply of 21 million bitcoins will be reached around the year 2140, when the last bitcoin will be mined.

Bitcoin Supply

Bitcoin halvings reinforce the scarcity of supply by reducing the rate at which new bitcoins are created. This controlled reduction in issuance over time maintains and strengthens Bitcoin's inherent scarcity, ultimately enhancing its appeal as a store of value.

Supply Scarcity

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Bitcoin operates on its own internal rhythm, characterized by a low frequency that allows for a sufficient buffer to delay communication between participants during the block validation process. Approximately every 2016 blocks, Bitcoin's internal clock is reset, resulting in an average block discovery rate of one valid block every 10 minutes.

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Why settle for one when you can have more? Create an unlimited number of watchlists to Organize your digital assets by themes, market trends, or potential investments — the possibilities are endless! 

Create Multiple Watchlists 

Start sharing your knowledge and insights with Cryptorank's sharing feature. Connect, educate, and inspire!

Share Them With Your Friends

Track the Performance of your Favorite Coins

Stay up to date on your favorite coins {br} with the CryptoRank mobile app

Instantly receive notifications on your device {br} without having to open the app.

Easily keep your crypto watchlist up-to-date {br} by synchronizing it.

Market sentiment is very bearish, many assets may be undervalued.

Extreme fear

Market sentiment is very bullish, many assets may be overpriced.

Extreme greed

Market sentiment is moderately bearish, traders are taking less risk.

Fear

Market sentiment is moderately bullish, traders are taking more risk.

Greed

Use CryptoRank.io data widgets to get the latest information about the cryptocurrency market. Just set up, copy and paste the iFrame code on your website.

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