Tag: Editor’s Pick

Blockchain as Explained in 2022

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Blockchain as Explained in 2022

blockchain-2022

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Hello there SIXers, I’m a writer at SIX Network and today I’d like to talk about the topic, in overview, of blockchain as explained in 2022. Three years ago blockchain was perceived differently from today’s blockchain definition. It changes fast and revolves around the trend of DeFi, NFT, and Web 3.0 during the past years.

 

The core of blockchain can be explained under many circumstances such as perspective from end-users, corporate, and key product managers, just like SIX Protocol that was launched early in 2022.

Simple Blockchain Guide

 

Spending time reading this article will save you tremendous time questioning while diving deeper into the technology, whether you’re interested in cryptocurrencies or how blockchain works.

 

A blockchain is basically a block tied up together into a long chain. Each block contains digital information and each block relies on the one before. The first working example of blockchain is Bitcoin. It was invented because of the inefficiencies of centralized banking institutions.

 

The specific characteristics of being decentralized make blockchain different and incredibly efficient to use. 

Who runs the blockchain?

Yes, blockchain is decentralized with no custodian, but with no miners there would be no computers running the network and no way to conduct transactions with it. Miners are essential to make the blockchain operational then they are distributed with reward for finding the next open-source block to continue blockchain. This type of algorithm is known as Proof-of-Work (PoW).

 

To this point, this is one example given to you to understand the function of it. And there are several algorithms blockchain uses for running the protocol like: Proof-of-Stake (PoS), Proof-of-Authority (PoA), and Proof-of-History (PoH) for instance.

Storing Blockchain

Continuing with PoW example, the storage conducted by nodes refers to computers storing a copy of the blockchain. It differs from miners where they validate transactions and send back and forth the information for other nodes and miners.

 

To build up the next block, miners are to confirm the block and then add it to the previous block in the blockchain. But how will the chain be created, you might wonder? The series of blocks must be validated. Now nodes will take charge of verifying all transactions, sending the new blocks to other nodes holder as a new copy.

 

Furthermore, I would like to introduce a protocol you might want to have a glance at powered by SIX Network. SIX Protocol chain will contribute to the community in many ways whether business or individual to have access to a friendly protocol.

SIX Protocol as The Chain of Choice 

SIX Protocol is a determinant extension that serves as a blockchain for individuals and the business sector. The protocol is designed to assist projects and businesses enabling the power of Web 3.0. 

 

There are many blockchains to choose from, why is the SIX Protocol beneficial for enterprises and individuals?

It is a notable point to start a mainnet that has the ability to connect with multiple blockchains. The infrastructure feasibility for projects and businesses to create new scalable decentralized apps.

 

Mentioning one of the SIX Protocol’s Toolkits, Token Autonomy Management allows users to create and manage their digital assets whether it is a cryptocurrency or NFT so-called Initial Asset Offering (IAO) service.

 

Governance token on SIX Protocol is fueled by SIX tokens which is the cryptocurrency used for spending transaction fees, governing the system, and redeeming the services on SIX Protocol.

SIX Protocol’s Validation System

Proof of Staked Authority or PoSA is backing up the security system throughout the SIX Protocol chain. It requires verification and approval by the majority of network nodes to validate a new block of transactions.

 

Validators are prone to keep transactions in the blockchain running, it is the most reliable and secure consensus algorithm. SIX Protocol’s Node Validators are selected as trustworthy entities to secure nodes. 

 

NFT Gen 2 by SIX Network 

On top of that, SIX Protocol is eager to introduce the data layer made definitely for NFT. NFT Gen 2 is the on-chain solution of SIX Protocol to enhance the real utility of the NFT for business use.

 

The property for cross-chain functioning on SIX Protocol makes it easy for businesses to transfer NFT for any existing collection of the chain. One interesting feature is the ownership oracles that can screen for original content. Better suited for businesses and brands to be able to verify the ownership even though the NFT Gen 2’s metadata on SIX Protocol can be modified will serve the needs of business campaigns and activities.

 

Learn more >> https://sixprotocol.com/

Summary:

 

SIX Protocol will become an alternative chain of choice for businesses needing to implement Web 3.0, bringing off-chain business to come to the blockchain side of the internet. Implementing SIX Protocol’s toolkits will ease the process of tokens or NFT issuing with the property of cross-chain functions.

 

Therefore, blockchain technology is not something complicated if you understand the working system and the components of a blockchain. Though it evolves in many ways from layer 2 or side chain, all in all, blockchain technology mainly concerns peer-to-peer transactions cutting out intermediaries and inefficiencies.

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We are fascinated to hear from you about your on-chain project, email us if SIX Protocol is your blockchain of choice Email: business@six.network

Don’t miss, out follow us at:

Napathsorn Unchit
Napathsorn Unchit

Content Marketer Specialist
Prepare to fly higher with the new technology and innovation that SIX Network will provide!

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Everything You Need to Know About NFT Gen 2

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Everything You Need to Know About NFT Gen 2

why nftgen2-02

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It’s been a minute since we introduced NFT Gen 2 to everyone. Some may wonder, “what is NFT Gen 2?” and “how is it different from normal NFTs we see today?”

 

In this article, we invite you to dig deep into the NFT Gen 2 land.


Are you ready?

TLDR;

 

– NFT Gen 2 is a Dynamic Data Layer that runs on the SIX Protocol Chain

– NFT Gen 2 allows NFTs to be integrated with business needs such as marking usage value, utilizing point system, and many more

– NFT Gen 2 can be utilized on any blockchain network

– “Whale Gate Collection” was the world’s first-ever NFT Gen 2 collection which is now available for everyone to explore on the Xclusive marketplace.

– Everyone can contact the SIX Protocol team directly to integrate NFT Gen 2 into your project.

What is NFT Gen 2? 

 

By definition, NFT Gen 2 is a Dynamic Data Layer that runs on SIX Protocol, enabling NFTs to match any business needs. 

 

Before we get into the details, we first need to understand that NFTs usually come with utilities, for example, an NFT that has the utility for holders to attend an event. These utilities can be curated by the NFT creator or business partners, which can be many things, such as marking usage value, utilizing a point system, and many more.

 

If we look at the same example of NFT as an access pass to the event, we will see that NFT Gen 2 can fit right in since it can track and trace any NFT usage. To be precise, if that NFT has been used, the dynamic metadata will appear so. This will prevent fraud and enhance the overall quality of each sale on the secondary market since collectors can verify whether the NFT still has unclaimed utilities.

Explore more on NFT Gen 2 here: sixprotocol.com/nftgen2

Example of the unique uses of Metadata

Mark Usage Value 

 

One of the most apparent use cases for the NFT Gen 2 is its ability to track and trace the NFT usage, which means that we can now mark the usage value of that NFT. 

 

For example, an NFT can redeem premium dine-in experiences for 3 meals. Usually, we would need to find a way to track the usage of how many times the holder has redeemed the meal since the original Metadata shouldn’t be manipulated. With NFT Gen 2, on the other hand, everyone will be able to see the current status of the NFT utility.

 

Point System 

 

For the first time ever, NFTs holders can participate in any community event or activity and get points distributed through on-chain transactions! It is fascinating to see how NFT Gen 2 can make that happen without manipulating any original metadata. 

 

Mission Setting + Transformation 

 

Another use case of the NFT Gen 2 is for any business to set up missions, such as checkpoints, spending amounts, and any other tailored made activity for holders to join in. The highlight of this use is the fact that the NFT can be transformed once a specific condition has been reached, for example, by completing three missions.

 

Here’s an example of NFT transformation from our Whale Gate collection:

The first-ever NFT Gen 2 Collection, “Whale Gate.” 

 

On 6-9 October 2022, SIX Network attended Thailand’s Crypto Expo at the Queen Sirikit National Convention Centre, where we introduced the first-ever NFT Gen collection named “Whale Gate Collection.” 

The collection was given to the event attendees in the form of a paper wallet, along with a set of missions everyone could participate in. Our team really had a blast at the event!

 

If you’d like to learn more about the Whale Gate collection, you can read about the collection story here

NFT Gen 2 Use Cases

 

Apart from the collection debut at the Thailand Crypto Expo event, one of the main highlights of NFT Gen 2 is its ability to be integrated with NFTs from any blockchain network!

 

If you’d like to explore ways you can use NFT Gen 2 with your project or business, please kindly contact us via business@six.network or open a ticket in our discord server 

 

If you want to explore the Whale Gate collection and see how the Dynamic Metadata is being displayed, you can visit the collection page on Xclusive and Opensea!

Don’t miss out follow us at:

Khanathat Chowpradith
Khanathat Chowpradith

Web3 Marketer | Passionate Writer | NFTs enthusiast

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SIX Protocol Individual Node Validator: The Big Opportunity For Small Group

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SIX Protocol Individual Node Validator: The Big Opportunity For Small Group

individual-node-validator

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What if you are a single particular person who yearns for the opportunity to be a node validator for a blockchain? What if you have no essential to pass the basic requirement to register to become a node for other networks?

 

SIX Protocol Partnership Program is nearly to commence another opportunity to enrich our ecosystem with the Individual Node Validator program after Business Node has been settled to the public enterprise for a period of time. 

The Business Node Validator was made specifically, hence the name, for businesses and organizations which can exploit SIX Protocol Toolkits that will help elevate the business operation into a blockchain full course. 

 

The criteria required to set up Business Node Validator respectively using a big amount of 1 million SIX tokens to stake in the system, but in contrary with the possibilities and functionalities to scale up the business to Web 3.0 is a reasonable investment price.

Jumping Start with SIX Node Validator

Just a quick recap of the main point leading to how interesting Node Validator could be, receiving fruitful benefits, and contributing to a blockchain ecosystem. Though you may see the potential to grow under SIX Protocol to become one of the validators, you have no business service here is your chance to enroll for an important role in the blockchain industry.

SIX Protocol Individual Node Validator is offering this initiative for people who are interested to join whether you are from any job field no matter who you are, a self-employed, professional, or office worker; you are all welcome to set up an Individual Node on SIX Protocol chain.

The eligibility and requirements to set up a node validator basis require

20,000 SIX tokens to stake in the individual node variation.

Once your validator starts, you will receive the passive rewards you may earn shared from the protocol’s gas fee according to the percentage of its validation period that has passed.

Role Title and Benefits of Individual Node Validator

☑️ Let us discuss the role node staker will contribute to the system

– Distributed consensus protocol.

– Execute transaction.

– Maintain and execute the performance of blockchain infrastructure.

 

☑️ Benefit

– Be a part of block validation in the chain.

– Receive passive reward shared from the gas fee.

– Inclusive opportunity with the network.

 

Everyone can have the opportunity to become a node validator for a blockchain network no matter what are the objectives or role you are in. Generally, it requires a large amount of funds, but SIX Protocol Partnership Program is granting a big opportunity for a particular group of people and individual blockchain enthusiasts to join with ease.

 

If you are interested to buy a node you can fill in the form here 👉 https://forms.gle/wAQzLcXijneVuC3i6

 

✅ Individual Node Validator program is around the corner and we encourage you to get in touch and don’t miss out on the advantages you have. SIX Protocol

Don’t miss out follow us at:

Napathsorn Unchit
Napathsorn Unchit

Passionate about financial world and is an inverstor too! Giving out news update and blog post every month.
Visit us at SIX Network for more.

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The Case Study of NFTs and Logical Endorsement of Real World Company

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The Case Study of NFTs and Logical Endorsement of Real World Company

nft-case-study

 

Long story short Bitcoin mind is not supported for NFT creation until 2015, which is the birth of Ethereum where development teams from Ethereum have some time to study the concept and came up with smart contracts to mint and distribute NFT with the first ever NFTs of the world known as CryptoPunks.

A Successful Story of NFT

Knowing the history of NFTs probably didn’t convince everyone that NFTs are useful. Many projects try to replicate their success story, but only a few have even come close such as Bored Apes Yacht Club.

Honestly speaking NFTs are perceived as the art collection, but digital art is just one use case for NFTs and is mostly a familiar use case. Other several use cases such as proof of ownership of anything and one great example is real estate.

Case scenario:

If you based NFT on a deed for house selling, you could essentially create a record of the home’s occupancy and ownership on the blockchain. And when you are ready to sell the house, you could make a summary of the entire history of the house from the day it was built. Moreover, smart contracts can eliminate much of the paperwork too.

 

Propy is a real estate company implementing NFT for property selling.

https://propy.com/browse/propy-nft/

 

This same principle applies to anything with substantial value along with car purchases, stock investments, and so on. The legitimate use cases merging between NFT and real-world uses are still a debate to date.

NFT Integrated Company Example 

Let’s take a look at giant companies that have already implemented NFTs for their product in proving the legitimacy of ownership.

✓ Nike’s CryptoKicks: In this project, they involved the patented shoes as NFTs to mitigate counterfeit shoes and when a customer buys a genuine pair of shoes it is accompanied by a cryptographic ownership detail.

✓  Gucci Vault: Take a whole new route with Vault – an online store that launched several sets of Gucci’s NFT collections.

Long-term Viability of NFT

Another aspect of NFT use case has been adapted from the forefront concept of blockchain decentralization. Keeping track of the supply chain does not necessarily mean you know the ownership of the milk in your fridge. However, if the milk came with an NFT, people could track down what farm it came from or the date of pasteurizing. Well, this is a cool idea but people will get over it within a week. 

 

Where this concept really makes sense is in companies that need multiple better solutions of visibility over goods from their starting to endpoints. One well-known luxury brands such as LVMH and Prada are leading the way in this area.

 

Consumers who buy high-end products, handbags, jewelry, or other items can prove their origin through NFT which displays the product’s history from manufacturer to store as well as proving counterfeit products.

How Does Creating NFT on SIX Protocol Beneficial?

Answer: We won’t boast that SIX Protocol chain is anything in between, but we are offering a worthy space to run a buzzling project. Skilled developers, outstanding oracle system from our partner Chainlink, and expert consultant in blockchain technology will facilitate you to achieve. 

 

Trusted names that have collaborated with us in NFT projects are T-ARA, Sunmiya, and Buakaw.

 

The primary purpose of NFTs is not to buy overpriced jpegs which you can already screenshot off Google. Rather, NFTs have legitimate use cases from real-life case studies.

Summary

There are more sides to NFT that will be useful. New identity experiences, marketing tools, access control, and more to mention. It’s likely that many of the companies looking forward to the opportunity to flourish over the long run will integrate both digital and physical aspects into the product they’re holding.

Don’t miss out follow us at:

Napathsorn Unchit
Napathsorn Unchit

Passionate about financial world and is an inverstor too! Giving out news update and blog post every month.
Visit us at SIX Network for more.

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Why are Communities Becoming More Essential in Blockchain Businesses 2022

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Why are Communities Becoming More Essential in Blockchain Businesses 2022

community-is-essential

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Blockchain technology has widespread adoption in various industries worldwide in the past few years. However, with the ever-increasing abundance of blockchain businesses and NFT projects, we have vividly recognized that any blockchain project’s heart and soul lie within the community network!

Now, let’s dive into why the significance of communities has become the spotlight for blockchain businesses in 2022 

#1 The central hub for education, collaboration, connection, and great ideas

 

Blockchain communities aren’t bounded to geographical locations due to their decentralized nature; these communities are instead diverse, like-minded individuals who share interchangeable ideologies and hail from different corners of the world. 

 

A community within a blockchain business or project is similar to a real-life co-working space because these communities attract people of all ages, ethnicities, races, proficiency levels, etc. There are novice learners, professional traders, prospective entrepreneurs, and enthusiasts that are either interested or passionate about the same project. 

 

The true power of community is a central hub or space that allows experienced individuals to educate others and groups of people to collaborate and expand their networking with one another. Most importantly, new perspectives and a collective of different human brains would often lead to great ideas and suggestions. 

 

Let’s take a look at SIX Network’s community channel; for example, our team utilizes a discord server as a community hub with various rooms and activities for the member to be able to join in and participate in different activities. 


Want to check out SIX Network’s community space on discord? Join now here: https://discord.gg/kypKmUJv9J

#2 Engaged communities = enlarge the user base

 

There are many reasons why blockchain businesses nowadays truly invest vast sums of money into building an engaging and strong online community. It appears that an engaged community can act as the best advocates for the blockchain business on social media and beyond. Especially for new blockchain projects starting from scratch, advocating support is indispensable. 

 

Active communities enable veteran, well-knowledged members to drive engagement from new members by explaining the project/business’s core products and objectives and participating in different activities. Well-informed members in an engaged community can help activeness rise and provide better comprehension and support for all alike. 

#3 Drive business activities directly with the community

 

Once there is a space for the community to interact with each other, another vital element a business should consider is to drive community activities. It will be highly convenient for projects and community members to ride along with each activity as the project can introduce its products and campaigns in a community space directly where users can receive and bounce information with the team.

Crypto Campfire by SIX ep 1

As per what we do at the SIX Network community, our discord has a weekly live session called “Crypto Campfire by SIX,” where we invite different guests to talk about all things crypto and engage with the members. The topic ranges from Metaverse, Money Management, NFTs, Web 3.0 Community Management, and many more.

 

It is worth mentioning that some community platforms, such as Telegram or Discord, come with the capabilities for the business to have add-on features such as bots, growth tools, etc. 

 

At SIX Network, we have also included SIX Protocol’s “SIX Zone” onto our discord server to be utilized for various community activities such as whitelist management and airdrop activity.

 

You can learn more about this growth tool, SIX Zone, here.

#4 The rise of Web 3.0 & NFTs adoption

With the emerging era of Web 3.0, a lot of education is still much needed for new users, such as handling private keys or sign messages. Hence, the importance of building a community filled with individuals with different levels of experience and skills will play an essential role in helping the overall understanding of how to operate in this new era.

SIX Network Discord Information Section

Take another example from our discord server; we have a section called “user-guide” and “official-links,” where members can go through different how-to’s and access SIX Network’s flagship products websites such as SIX Protocol and Definix directly.

Conclusion

 

There are many reasons why the significance of communities has become the spotlight for developing blockchain businesses and NFT projects, whether a business can communicate, retain, and expand its customer base, or drive members to support its operation. It is also essential for companies to choose the right community platform that highlights the values and experiences of their audience—for example, having a community on discord Vs. Telegram.

 

It is worth mentioning that at SIX Protocol, we have a team full of discord server-building experts. So whether you want your server to have an AI bot for generating images, a bot that can track referral activities, or a growth tool that helps you grow and manage your community, our team is here to assist you!

Currently, anyone can receive SIX Protocol’s full range of services by joining the ecosystem as one of the Business Nodes. So if your business plans to expand into the blockchain world in any way, this might be the perfect gateway for you! 

 

Fill in the interest form here: https://forms.gle/wAQzLcXijneVuC3i6

 

Want to know more about the benefits of becoming a node? Check out this article here.

Don’t miss out follow us at:

Khanathat Chowpradith
Khanathat Chowpradith

Web3 Marketer | Passionate Writer | NFTs enthusiast

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4 Reasons why SIX Protocol is essential for your NFT project

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4 Reasons why SIX Protocol is essential for your NFT project

4 reason

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Here are 4 reasons why you need to connect with SIX Protocol (if you’re interested in joining the NFT land)

#1 SIX Protocol offers valuable tools to help you start your NFT journey!

#2 You will get to be working with the team behind various world-class NFT projects

#3 You can be a part of a strong alliance of top industry-leading businesses

#4 SIX Protocol helps you save cost and time

 

 

Don’t miss out follow us at:

Khanathat Chowpradith
Khanathat Chowpradith

Web3 Marketer | Passionate Writer | NFTs enthusiast

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3 Reasons Why Business Should Use Tokenization

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3 Reasons Why Business Should Use Tokenization

3 reason

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Blockchain technology is now serving as new platforms and applications for businesses. It enhances the capabilities to process and reduce costs, moreover, it reflects trust for an organization and with partners and customers in a long run.

 

Upon trust and credibility, blockchain technology is versatile ranging from companies operating in investment, banking, insurance, data transferring, creative content, etc., and can derive immense benefits for each business.

 

For instance membership points can be implemented with the business tokenization to turn points into tokens that can be used for trading and/or investment including NFT for virtual collectibles stating the privilege of the holder. 

 

In this article, we’ll see what Business Tokenization by SIX Protocol support in the expansion of business wanting to adopt blockchain system.

3 Points Tokenization is Transforming the Business Ecosystem

Reason 1 – Powerful Tool of Interoperability

 
The options are endless, from the Internet of Things to Artificial Intelligence and industrial automation. Blockchain is another technology worth considering as it can serve companies in issuing and managing their own cryptocurrency, NFT, or blockchain as an initial driving force.
 
For example, “Real estate operates around individuals’ ownership of lands, it only makes sense to apply NFTs to the real estate industry as it eliminates human error. However, a business will need to develop a backend system that can ensure the safety of both buyers and sellers.”

“The rise of NFTs for Business Development: How SIX Protocol can help utilize NFTs for your business.” SIX Network, https://sixnetwork.medium.com/the-rise-of-nfts-for-business-development-en-4fe5616900dc. Accessed 20 June 2022

Therefore, NFTs minted as evidence of ownership are known as Asset-backed NFTs.

 

And so, endless opportunities come with versatility. It might be compatible to use one chain at the moment and the other might be a better option. The cross-chain function is the key to successfully managing tokens, NFTs, and assets.

 

Services at SIX Protocol like Initial Asset Offering (IAO) and cross-chain functionality come in handy for companies looking forward to embracing interoperability tools.

 

Reason 2: Collaboration

 

 

Reason 3: Momentum of Innovation

 

Tokenize Business implementing blockchain is the need of the hour to find ways to achieve more with less. When businesses start involving tokenization bring it a step closer to digital transformation.

 

The technology is unlocking worldwide reaching any possibilities, missing out on these advantages means the business may fall behind the competition.

 

For all the points stated above, SIX Protocol can support firms in reaching the business tokenization and be a strong part of well-known businesses alliance as the ecosystem’s nodes validator.

 

Tell us if you are interested: https://bit.ly/business-node

Business Tokenization Core Advantage

Don’t miss out follow us at:

Khanathat Chowpradith
Khanathat Chowpradith

Web3 Marketer | Passionate Writer | NFTs enthusiast

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SIX Protocol Individual Node Validator: The Big Opportunity For Small Individual

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SIX Protocol Individual Node Validator: The Big Opportunity For Small Individual

individual-node-validator

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Jumping Start with SIX Node Validator — An Opportunity For Small Individual

 

Once your validator starts, you will receive the passive rewards you may earn shared from the protocol’s gas fee according to the percentage of its validation period that has passed.

Role Title and Benefits of Individual Node Validator

 

       1. Distributed consensus protocol.

       2. Execute transaction.

       3. Maintain and execute the performance of blockchain infrastructure.

 

 

       1. Be a part of block validation in the chain.

       2. Receive passive reward shared from gas fee.

       3. Inclusive opportunity with the network.

 

 

Don’t miss out follow us at:

Napathsorn Unchit
Napathsorn Unchit

Passionate about financial world and is an inverstor too! Giving out news update and blog post every month.
Visit us at SIX Network for more.

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SIX Network Q1-Q2 Half Year Summary

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SIX Network Q1-Q2 Half Year Summary

Summary of SIX Network working progress in 2022

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From the very beginning of the year 2022, SIX Network has been releasing a new launch plans and projects along the line for SIX Network & Definix community together to make connections and engagement, creating the most positive effect for all partners and SIX holders. 

 

Therefore, it’s about the time for the community to have a look into the wrapped up of the path we walked halfway through the year 2022.

Unleash the true power of the digital assets

SIX Protocol’s Development Plan and Concept Review

 

At the beginning of this year, so far SIX Network has unveiled a thrilling developing project which is our new biggest project ever. The SIX Protocol chain was introduced earlier in January 2022, view full article, the project breaks down into three parts: SIX Protocol infrastructure, business implementation concept, and partnering as node validator.

 

SIX Protocol is a blockchain infrastructure layer built supporting businesses to migrate digital assets into the blockchain through the method of token issuing of cryptocurrency or NFT.

 

It is an essential part of bringing business to on-chain, Web 3.0 preparation, and cross-chain. SIX Protocol can implement DApps on various blockchains, unlocking unlimited possibilities to hop onto other new chains handled by bridge function assorted for any operating system.

bring business to web 3.0
Sunmiya NFT PFP collection

Sunmiya Club NFT in Collaboration with Fingerlabs

 

PFP NFT or Profile Picture NFTs is one kind of an NFT to showcase their ownership through profile picture customization of investment and support of the artist/musician/public figure for that project.

 

Sunmiya Club is the NFT (PFP) project which is the first attempt by a female artist in the domestic market to collaborate with Fingerlabs. The project issued 10,000 Klaytn-based PFPs composing fan-based and NFT holders together.

SIX Network's official community on discord channel

Greeting SIXitzens only on the Discord channel

 

On the 26th of April 2022, SIX Network expanded the community to the Discord channel in an attempt in making the community fun and hoping to bring the community a little closer to our team.

 

Discord is a great space to stay in touch, suggest, and contact our team quickly. The channel is compatible with the styling of the community we aim for. With cool features that we can add on and make our connection approachable consisting of rooms to join, activities to play, and a LIVE voice channel to chat up on the situation that you are up to.

Bithumb listed SIX tokens on South Korea exchange

SIX Token being listed on Bithumb: (SIX) KRW/BTC market (South Korea)

Bithumb listed SIX tokens on 27 April 2022, for SIX-KCT or Klaytn Network. Another step closer for SIX Network to take a move on a global level is having SIX token listed in South Korea’s well-known exchange which will potentially boost our performance and prepared us for the next biggest move under SIX Protocol.

NFT Collection of the living legendary

BUAKAW 1 NFT in Collaboration with YDM (Thailand)

NFTs community is growing and another collaborated project with YDM (Thailand) is BUAKAW 1 consisting of 2,000 generative art pieces of the legendary Mr. Buakaw Banchamek. 

 

We aim to inspire and connect people with huge fans expanding to the NFT/ Crypto group around the world, both online and offline, to be a part of and participate in many activities and privileges. SIX Network has helped in the process for each minting round, the collection was minted on Ethereum (ETH).

Thailand Crypto Expo 2022 @BITEC Bangna

On 12-15 May 2022, SIX Network attended Thailand Crypto Expo 2022 at BITEC Banga. Our exhibition gathered with showcases of NFT screen, the project we collaborated with, and the SIX Protocol overview. Exclusively stage talked by both of our Co-CEOs on the topic circled around.

 

Many ventures and blockchain-oriented firms give interest in the new chain and registered for partnership node validator at the event. We currently releasing names that have signed partnerships with us, please stay connected for further node partnership announcements.

SIX Protocol launch plan described in 4 phases

SIX Protocol Launch Plan

We’re glad to announce our new launch plan for SIX Protocol by SIX Network.

1. Weekly Validator Node Partnership Announcement

Pace-by-pace we gradually reveal the names of partners who are node validators along with the details of joining SIX Protocol.

 

2. SIX Protocol’s mainnet launch, Block Explorer, Official SIX Protocol Website.

We celebrate our official SIX Protocol website to invite all interesting individuals to learn and get along with the process of development.

 

3. Validator Nodes (For Business and Individuals)

At this phase, we’d be glad to invite everyone who wants to participate as SIX Protocol’s Node Validator to join and receive benefits/privileges.

 

4. SIX Protocol’s Official Launching Celebration Event

View full details >> click <<

Last but not least if you are ready to leap into the future with us,

you can join our interest list and get in touch with our team here.

 

Or Click: https://bit.ly/contact-sixprotocol

 

Discord community: https://discord.gg/kypKmUJv9J

 

Don’t miss out follow us at:

Napathsorn Unchit
Napathsorn Unchit

Passionate about financial world and is an inverstor too! Giving out news update and blog post every month.
Visit us at SIX Network for more.

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‘Everything you should know before investing in SIX’ – SIX Network 101

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‘Everything you should know before investing in SIX’ – SIX Network 101

Everything you should know before investing in SIX-01

Table of Contents

Every year, the world has witnessed the ever-growing growth of the cryptocurrency market. At the same time, from a businesses’ point of view, the adoption of Blockchain technology and the issuance of cryptocurrency coins are also becoming increasingly popular.

 

When it comes to trading crypto, risk management is crucial for every trader. One of the strategies for managing risks that everyone can use is researching project information by yourself or DYOR (Do Your Own Research).

 

In a world where cryptocurrencies continue to grow and attract more and more traders every day, SIX Network would like to take this opportunity to gather the information that we think will be of benefit to our users, people interested in learning about Blockchain technology, and past projects of SIX network here:

 

‘Everything you should know before investing in SIX’ – SIX Network 101

Who is SIX network, and what has the project done in the past?

 

SIX network is an alliance between three of the most prominent digital media startup groups in Korea and Thailand, including OOKBEE U, Computerlogy, and FSN, with Mr. Natavudh Pungcharoenpong (Moo), and Mr. Vachara Aemavat (Kuk), as Co-CEOs.

 

Since 2018, SIX Network has developed various projects such as SIX tokens, SIX Wallet, ECHO, snap, and SIXR, which are the first steps for SIX to use Blockchain technology and Metadata to develop projects. Furthermore, in 2021, SIX Network released its latest Defi platform called “Definix.”

It is worth mentioning that SIX network was one of the first companies in Thailand to raise funds through ICOs. Currently, SIX has been listed in many exchanges in Thailand and Korea, such as Bitkub, Zipmex, Bittrex, and CoinOne. SIX is one of the first Thai crypto coins listed on foreign exchanges.

What to do with the SIX coins that I’m holding?

 

SIX Token and all cryptocurrencies share the same feature of storing assets on a highly secure blockchain network and are accessible at all times without any financial institutions or intermediaries to determine or verify the user’s account statements.

 

Whether they are new to cryptos or professional investors, SIX coin holders are probably wondering, besides trading, what can SIX coins be used for? Let’s have a look!

•  SIX can be used for Farming/Staking on the Definix platform with many features available such as Bridge and decentralized exchange (DEX).

 

•  Earn passive income in different cryptocurrencies using SIX on the Rebalancing Farm on Definix that comes with a Rebalancing Strategy that will rebalance your portfolio and is not too complicated to understand.

 

•  SIX can be used to buy NFTs too! In 2021, SIX launched its first NFT collection with T-ARA, which can be purchased using SIX, resulting in all Legendary NFTs sold out within the first 24 hours!

 

•  SIX network just launched a Single-Sided Pool for users to stake SIX and get PLN (Plearn) where you can enjoy a public community, hang out spot, and other luxury privileges with The Phill Collection.

What’s happening now?

 

SIX just launched a new “Rebalancing Farm” on the Binance Smart Chain 

 

After the launch of the Rebalancing Farm on Klaytn in August 2021, which received very positive responses, a question arises among BSC users as to when the Rebalancing Farm on the BSC side will be available.

 

This marks an essential step for Definix in bringing Rabalancing Farm to the Binance Smart Chain network, as each network has its own unique assets to invest in. Defnix’s Rebalancing Farm on Binance Smart Chain is now live!

 

To get started, please kindly visit this website: bsc.definix.com/rebalancing

Advantages of Rebalancing Portfolios

 

The first thing is to understand the goals or reasons you would consider choosing to Rebalance. Each person’s goals are different. Rebalancing will automatically buy or sell when certain conditions are met in order to bring the portfolio back to balance, such as adjusting the portfolio over time or adapting according to the changed value ratio.

 

This method is good risk management and saves time in trading for investors as well. Therefore, this method is suitable for investors who want to hold for a long time or Value Investment, depending on various factors in managing individual investments.

Brief future of the SIX Network

• More utilities for vFinix: In the future, users will be able to use vFinix to vote to increase decentralization to the platform on both Definix — Klaytn and Definix — BSC

• We will likely see more partnership pools where users can stake SIX and receive exclusive privileges from luxury lifestyle partners. 

• NFT Marketplace: SIX is working on issuing an NFT space for NFT holders from SIX to trade on Definix. 

• Mutual Fund & Financial institution

• Project ‘SIX Universe‘: It will be a new world that brings new experiences to the users, from both the SIX Network and Ookbee sides, where only NFT holders who purchased from us can access.

Frequently Asked Questions (FAQ)

Q: Can the company make the price go up and down?
A: The SIX Network team cannot do anything that will affect the price of the coin since the price depends on the market demand of each exchange

 

Q: Is SIX still in development?
A: Of course, improving the efficiency of SIX tokens and increasing use cases is still one of our team’s main priorities 

 

Q: What is SIX’s Total Supply?
A: 1,000,000,000 SIX

 

Q: Can I trade SIX on international exchanges?
A: In addition to Thai exchanges such as Bitkub and Zipmex, anyone can also trade SIX on CoinOne and Bittrex

This article does not contain investment advice or recommendations. Every investment and trading move involves risk; readers should conduct their own research when making a decision.

 

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Khanathat Chowpradith
Khanathat Chowpradith

Web3 Marketer | Passionate Writer | NFTs enthusiast

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