StakeCube in Numbers
Crypto markets were very volatile this week, as there was a lot of expectation surrounding the possibility for the SEC to approve the first Bitcoin Spot ETF in the US. Unfortunately today they decided to reject the application, which caused prices to crash across the board. Bitcoin sits as of now above $64,000, still consolidating at these levels. Fortunately on StakeCube we had lots of developments this week that have prevented us from following the market. The release of our NFT marketplace has allowed people to finally trade their SCP NFTs. Perhaps as a consequence, SCC has again visited the 2000 Satoshi price, with increased exchange volumes this week. If NFTs on SCP continue to be a success, we could see further price increases in the coming weeks.
- User Count: 127,018 +0.54%
- Pool Value: 577.22 BTC -1.26%
- Daily BTC Mined: 0.093 BTC -2.11%
- SCC Price: $1.25 +6.84%
- SCC Market Cap: $12,313,000 +13.40%
- Daily Exchange Volume $188,439 +51.86%
- Alexa Rank 18,160 -495
Among the coins we have listed, quite a few were good performers this week even though the markets in general were quite flat. In particular Phore, whose team has helped us sponsor many of our E-Sports events so far, obtained a very impressive 68.1% weekly growth. Litecoin almost made the list this week but ended up sixth.
These were the top 5 gainers for this week:
Top 5 Gainers
- PHR +68.1%
- RDD +32.1%
- SHARD +32.0%
- COLX +28.8%
- BTC2+26.4%
NFT Marketplace
Today we released the new NFT marketplace, allowing our users to finally list and trade NFTs. The launch has been a complete success, with hundreds of NFTs being listed and more than 2,000 SCC in trading volume only in the first few hours.
Apart from just buying and selling NFTs, the marketplace allows the depositor of an NFT to set a royalty that will be sent to the creator every time it changes hands. This way and also thanks to the extremely low fees on SCP, StakeCube offers creators a great way to profit from their work.
To list an NFT, just deposit it to your SCP address on StakeCube (Not the SCC one!). You will find it here:
https://stakecube.net/app/marketplace/mynfts
Then simply select it and click on the sell button.
While the NFT marketplace is undeniably cool, this is just a first bare-bones version. We are in the process of improving it by adding functionality and more information. Now more than ever we need your feedback and suggestions on how to make the marketplace better. If you are missing some key feature or there is something you would like us to add, feel free to open a support ticket on Discord and let us know.
Commemoratory NFT Collection
To celebrate the SCP Aeternum upgrade, as well as the release of the marketplace, we are working on a unique high quality NFT collection. The collection will feature 3d models of collectible cards representing the different coins and tokens listed on StakeCube. This also applies to coins that we list in the future, for which we will be minting exclusive NFTs as well. Take a look at a preview of the NFTs for SCC:
We had to reduce the resolution on these previews, as there is a size restriction on WordPress. The real ones have much higher quality.
More information on how to get a chance to receive one of them will be shared soon. Make sure to follow our social media so that you don’t miss it!
SCC Figures
Supply
SCC is becoming ever more scarce, as only a tiny fraction of the total supply is actually liquid. Take a look at the current supply breakdown:
- Max Supply: 18,000,000 SCC
- Circulating Supply: 8,770,000 SCC
- Locked in Masternodes: 8,029,000 SCC
- Locked in NodeCube Contracts: 133,000 SCC
- Liquid Supply: 608,000 SCC
As the table shows, only 6.93% of the circulating supply is liquid, with the remaining 93.07% locked either in masternodes or in nodecube contracts. To this we should add that SCC is now being burnt in higher amounts due to the implementation of SCP NFTs. Both the creation of NFT collections and SCP tokens burn a small amount of SCC. While so far only 520 SCC have been burnt this way, this is likely to speed up now thanks to the new NFT marketplace. Combining all these facts with the recent reduction in block rewards, it might become difficult to get your hands on some SCC.
Mining
On the mining front, StakeCube is now the third coin with highest network hashrate among those that use the X11 algorithm. At the moment our hashrate reaches 38 Th/s. To serve as comparison, Dash, which has 200 times our market capitalization, only has 60 times our hashrate.
https://miningpoolstats.stream/
StakeCube Protocol
These are some statistics showing the usage of SCP so far:
- Total Unique Addresses: 447
- Total SCP Transactions: 4,665
- SCP Wallet Downloads: 1,211
These are sourced from BotCube, our Discord bot. If you want to monitor how they evolve, just type “!scp stats” in the appropriate channel for bot commands.
14th Dash Masternode Opened
Dash masternodes have been one of the most successful features on StakeCube. This week we started the 14th one, which is a pretty spectacular achievement thinking the collateral for each of them is worth $220,000. The total combined value of our Dash masternodes is now $3.2 million.
The 15th masternode is now collecting and already 10% full.
Wallets in Maintenance
The following wallets remain in maintenance:
BTCT
The BTCT team communicated that they’re looking at solutions and would post them later this week. We don’t have any further news.
DOGEC
Deploying new DOGEC masternodes via the NodeCube service has been temporarily suspended due to wallet instability issues on load causing excessive maintenance. We’re actively working with the DOGEC team to try to find a solution to the issues.
XLR
The blockchain explorer is stuck, making it impossible for us to verify transactions. We have contacted their team to find out what the problem is and when it could be fixed.
MineCube Stats
These are some statistics for MineCube as of today:
- 415 users with at least 100% recovered
- 173 average workers per user
- Highest recovery rate: 126.9%
- $2.17 million worth of workers sold
The number of users buying workers has been increasing as of late. We will soon reach 3,200 MineCube users. Could we get there before next week? Maybe it’s time to invite some friends! Remember that you can use your referral link to invite people and earn 25% of their interest earnings. If they buy workers, they will be paying you passive income from their interest earnings in no time! You will find the link here:
https://stakecube.net/app/account/team
Development News
BotCube
After the release of SCP Wallet: Aeternum, we wanted to add more ways for you to interact with it and to show off your NFTs! Because of this we have upgraded BotCube with a couple new commands that make this even more fun with friends:
- !scp nft <nft_id_here> – Displays an NFT with history, age, owner, collection and more!
- !scp nfts – Displays aggregated statistics for all collections and NFTs.
If you’d like to use BotCube to explore NFTs (or brag about them!) with your friends, use this invite link to add it to your server:
https://discord.com/oauth2/authorize?client_id=736342527371771905&scope=bot
SCPScan
In lockstep with the Aeternum upgrade, we have fully revamped SCPscan to the new StakeCube v3 branding. Now both SCPScan and the SCP wallet display the newest branding with only StakeCube.net left to be updated.
Alongside this, SCP-4 NFTs and Collections are now fully implemented into the explorer. You can now explore NFTs and collections using the SCPscan website, on mobile or desktop, with full responsiveness and rapid access to statistics, token rankings, richlists, distribution stats, clickable NFT lists and more!
Here’s a view of SC’s official collection “PizzaChain”, using the new explorer:
Now go check out the new website yourself! Find it following this link:
https://scpscan.net/collections.html?theme=dark
Wallet Maintenance News
Wallet Updates
We updated the following wallets:
DOGE
Previous version: 1.14.4.0
New version: 1.14.5.0
Security Notice
Please read the following information regarding the security of your account and funds:
The StakeCube.net team will:
- Never contact you first
- Never ask you to send them or move coins to some other address
- Never ask you for remote access or to install any third party software
- Never ask you for your password or 2FA codes
- Never provide support using direct messages
If you observe any of these listed behaviors, someone is trying to steal money from you. This applies to all of our social media channels. Our team will post official messages in the appropriate channels, and we only offer support through our ticket system on Discord.
Please, also take into account the following measures to keep your account secure:
- Enable 2FA in the account settings
- Enable IP verification in the account settings
- Use a strong password
- Change the password regularly
- Never share your password with others
- Never allow remote access to your devices
- If you require assistance, use only the official channels
- Download software only from verified sources
SCP Wallet is now signed with JSKitty’s public PGP key. This allows users to verify that the wallet has been cryptographically signed and approved by him. Even if our GitHub is compromised, the downloads are still safe as long as the PGP verification confirms that the files have not been tampered with. If you download SCP, please verify the binary against our developer’s public key:
