Monday, December 2, 2024

In 24 Hours, Filipino Teams Built 13 Apps for Social Good at FlutterFlow HackFest: Impact Challenge

  

The FlutterFlow HackFest: Impact Challenge, hosted by FlutterFlow Developer Group (FFDG) Manila, showcased the talents of Filipino developers during a 24-hour hackathon aimed at addressing global challenges. Held from November 22-23, 2024, in Taguig City and Makati City, the event saw 13 teams creating apps aligned with the Sustainable Development Goals (SDGs), focusing on health, education, and sustainable communities. Grand prize winner Team Null developed Sustancia, an AI-powered nutrition app, while Team Flux’s Inspectrum utilized eye-gaze tracking for ADHD and ASD detection, earning second place. Team Neosolve's gamified productivity app Procrash secured third.

The event benefited from mentorship and guidance from industry experts, and the innovative apps tackled real-world problems with solutions like waste management, accessibility, and mental health support. Demonstrating the power of FlutterFlow to accelerate development, the hackathon reinforced FFDG Manila’s mission to inspire Filipino tech talent and drive positive social change. FlutterFlow played a pivotal role in the hackathon, empowering participants to rapidly develop their ideas into functional apps through its intuitive drag-and-drop interface and powerful features. The platform enabled teams to focus on innovation and problem-solving without getting bogged down in complex coding.

Filipino Developers Create 13 Apps for Social Good at FlutterFlow HackFest: Impact Challenge Manila, Philippines (November 23-24, 2024) – The FlutterFlow HackFest: Impact Challenge, hosted by the FlutterFlow Developer Group (FFDG) Manila, celebrated the creativity and ingenuity of Filipino developers as they raced against the clock to build solutions for global challenges. Over an exhilarating 24-hour hackathon, 13 teams crafted innovative applications with the power to drive social impact and advance sustainable development.

Turning Ideas into Impact in 24 Hours

The HackFest kicked off on November 22 at the Google Philippines office in Bonifacio Global City, Taguig City, where participants drew inspiration from keynote speakers. Jan Michael Jaudian, Head of Customer Engineering for the Philippines and Vietnam at Google, highlighted how technology serves as both a catalyst and toolkit for solving real-world problems. Elmerei Cuevas, Social Innovation Analyst at the United Nations Development Programme (UNDP), offered a compelling overview of the Philippines’ progress on the Sustainable Development Goals (SDGs), motivating participants to develop meaningful apps for social good and sustainable development.

On November 23, the action culminated at Common Ground Rockwell in Makati City with an electrifying Demo Day. Teams presented apps developed entirely in 24 hours using FlutterFlow’s intuitive platform.

·        Team Null clinched the ₱50,000 grand prize with Sustancia, an AI-powered app designed to foster balanced eating habits and provide city-wide nutrition insights.

·        Team Flux took second place and a ₱30,000 prize with Inspectrum, an innovative app utilizing eye gaze tracking technology to aid in the early detection of ADHD and ASD.

·        Team Neosolve earned the ₱20,000 third-place prize for Procrash, a gamified productivity app that transforms habit-building into an engaging adventure.

Mentors and Judges:

Participants received guidance from an exceptional lineup of mentors and judges, including industry luminaries like Steve Ng (FlutterFlow), Allan Tan (Predictive Systems Inc), Miguel Fermin (White Cloak Technologies), Vince Rocha (Mylo Speech Buddy), Jeff Mendoza (MyCondoPal), Myles Delfin (BikeScout), Joshua de Guzman (Dub), Jake Go (Springboard), Albert Padin (mWell), Atty. Hazel Manaog-Mendoza, and Michie Ang (Women Who Code). Their expertise was pivotal in shaping the participants’ ideas into impactful solutions. Special appreciation is also extended to Dominic Medenilla (Google), whose efforts ensured the hackathon’s success.

Apps Driving Social Good Aligned with SDGs

The 13 innovative apps developed at the HackFest addressed challenges across three key Sustainable Development Goals (SDGs):

·        SDG 3: Good Health and Well-being – Apps like Sustancia, Inspectrum, Optimai, and AI Rescue addressed nutrition, early disease detection, providing mental health support, and improving emergency response.

·        SDG 4: Quality Education – Solutions such as Ipaglaban Mo, ElevatEd, Procrash, and A11y focused on delivering legal education, supporting learners with dyscalculia, enhancing productivity, and creating a web accessibility platform.

·        SDG 11: Sustainable Cities and Communities – Apps like ECO Learn, SureBin, Scrapify, Repari, and Rent ‘n Lend offered innovative solutions for environmental sustainability, efficient waste management, recycling, household repairs, and community resource-sharing.

Paving the Way for Social Good Through Technology

With FlutterFlow, developers, designers and tech enthusiasts can now bring ideas to life in just 24 hours, as demonstrated by FlutterFlow HackFest: Impact Challenge. This accelerated development process empowers everyone to experiment and iterate quickly. The event showcased the overall potential of FlutterFlow to drive innovation and social impact.

FlutterFlow Developer Group (FFDG) Manila is committed to inspiring a new generation of Filipino tech talent. By fostering a community of passionate developers, we aim to drive positive change and build a brighter future for the Philippines.

For more information, visit:

https://www.facebook.com/ffdgmanila/

This Press Release has also been published on VRITIMES

Nusantara Global Network Announces Strategic Collaboration with FBS Broker to Expand Trading and Affiliate Opportunities

Kuala Lumpur, Malaysia, 27 November 2024 – Nusantara Global Network, a leading company in providing innovative business solutions in Southeast Asia, is pleased to announce a strategic partnership with Broker FBS, one of the global leaders in forex trading services. This collaboration aims to offer better opportunities for Introducing Brokers (IB) and traders across Malaysia and the Southeast Asia region.

Through this partnership, Broker FBS introduces several attractive advantages, including the removal of the 5.9 pip requirement to qualify for affiliate status, providing greater opportunities for IBs specializing in scalping trading strategies within their network. This is great news for traders using fast-paced trading techniques, as they can now enjoy more flexible and competitive trading conditions. Additionally, 24/7 live customer support is available, ensuring that customers receive assistance whenever needed.

"We are excited about this collaboration because it provides an opportunity for Introducing Brokers and traders in the region to enjoy more flexible trading conditions," said a spokesperson for Nusantara Global Network. "With Broker FBS commitment to continuous support and improved affiliate conditions, we are confident that this partnership will empower the local and regional trading community."

Benefits and Impact of This Collaboration

This collaboration offers several key benefits for Introducing Brokers and traders, including:

-The removal of the 5.9 pip requirement for affiliates under Broker FBS, making the affiliate program more accessible, especially for those using scalping strategies

-24/7 live customer support, ensuring traders and IBs receive immediate assistance at any time

-The ability to focus on fast-paced trading strategies without tight restrictions, making Broker FBS an attractive choice for scalping traders

A representative from Broker FBS also stated, "We are proud to collaborate with Nusantara Global Network to offer better trading opportunities to traders and IBs in Malaysia and Southeast Asia. With improved affiliate conditions and round-the-clock customer support, we believe this partnership will have a positive impact on all parties involved."

Industry Growth and Future Prospects

The forex industry in Southeast Asia is rapidly growing, and this partnership is an important step in meeting the increasing demand for more flexible and customer-friendly trading platforms. Nusantara Global Network and Broker FBS are committed to providing the best solutions for the trading community as the industry continues to evolve.

About FBS 

FBS Broker is one of the leading forex brokers in the world, offering a wide range of account types, exceptional customer support, and competitive trading conditions. With a strong global presence, FBS Broker continues to provide high-quality services to traders around the world.

About Nusantara Global Network

Nusantara Global Network is a leading provider of innovative business solutions in Southeast Asia, focused on driving business growth through strategic partnerships and cutting-edge technology. The company strives to provide a platform that helps businesses and individuals achieve success in the global marketplace.

This press release has also been published on VRITIMES

Market Crypto Down, MEMEFI Actually Experiences Increase of More Than 44%, Here's the Explanation

 

Discover the highs and lows of MEMEFI, a Web3 gaming token that skyrocketed over 44% despite a tumultuous launch. Explore its challenges, price predictions, and future potential in the competitive crypto ecosystem. Learn how MEMEFI aims to recover trust and achieve long-term growth.

MemeFi once stood on the brink of becoming a shining example of innovation in the cryptocurrency space, with its integration of Web3 technology and social gaming mechanics. Yet, what could have been a groundbreaking success spiraled into a stark reminder of how poor execution and broken promises can devastate investor trust and community enthusiasm.

This article delves into the highs and lows of MemeFi, exploring how it became a textbook case of what can go wrong in the volatile world of crypto.

Everything You Need to Know About MEMEFI

In recent days, the crypto market has experienced a decline and caused various major tokens to other altcoins to experience price declines. However, this does not apply to MEMEFI, a new token that originated from a Telegram game.

The fluctuating crypto market often makes many investors think twice about investing in a token, especially a newly released token. For those of you who are curious about MemeFi and want to do research on this token, let's read the following explanation of MEMEFI's journey from a Telegram game to the crypto ecosystem.

1. The Never-Ending Listing Saga

MemeFi’s launch was marred by endless delays, turning its listing dates into a running joke. After three missed deadlines, investors were left hanging, their expectations repeatedly raised and crushed. This lack of follow-through eroded confidence in the project.

2. Token Allocation Fiasco

The process of distributing tokens was riddled with problems:

- Unfairness: Investors who committed funds received less allocation than those who didn’t.

- Chaotic Decisions: The allocation seemed arbitrary, with no clear strategy or planning.

These issues fueled frustration and disillusionment among MemeFi’s backers.

3. Deposit and Withdrawal Issues

Despite claiming to list on seven exchanges, MemeFi failed to deliver on its promises:

- Limited Deposits: Only OKX accepted deposits for MEMEFI, leaving many investors locked out.

- Frozen Funds: Trading and withdrawals were plagued by technical issues, trapping investor capital.

4. Fee Traps on OKX

Even investors who successfully claimed their tokens through OKX faced a series of costly hurdles:

- Claim Fees: A substantial deduction of tokens was imposed just to move assets to their wallets.

- Withdrawal Fees: Additional charges further depleted their holdings, adding insult to injury.

5. Pre-Launch Chaos

As the launch date approached, the situation worsened:

- Partial Token Distribution: Only a portion of investors received their tokens, while others were left waiting.

- Withdrawal Errors: Those who managed to claim tokens faced technical errors when attempting to sell or withdraw.

- Price Collapse: By the time withdrawals were finally enabled, the token price had plummeted.

One investor’s expected $150 profit dwindled to a mere $56 due to these delays and mismanagement.

6. The Empty Promise of Airdrops

MemeFi’s airdrop campaign, initially presented as a gesture of goodwill, turned out to be little more than a hollow marketing gimmick. Instead of building trust, it left supporters feeling exploited and abandoned.

MEMEFI: The Fallout

MemeFi’s failures had widespread consequences:

1. Token Price Crash: MEMEFI’s value nosedived, obliterating investor gains.

2. Locked Funds: Persistent technical issues made it nearly impossible to access assets.

3. Broken Promises: The community was left with shattered trust and empty wallets.

Was There Ever Hope for MemeFi?

On paper, MemeFi had an intriguing concept. Its play-to-earn Web3 platform integrated player-vs-player (PvP) and player-vs-environment (PvE) gaming mechanics. Tradable “keys” offered access to enhanced rewards, blending gaming and investment in a unique way.

However, its execution failed to match its vision. Poor management and a lack of transparency undermined its potential to thrive in the competitive crypto market.

At the time of writing this article on November 27, MEMEFI is at $0.011717 with an increase of almost 45%. MEMEFI RSI value is at 58.58 which means the buying trend is more dominant than the selling trend with the MACD line above the limit line. This means that MEMEFI bullish will occur soon.

Price Predictions: Could MEMEFI Reach $0.4 by 2025?

Despite the turmoil, some analysts remain optimistic about MEMEFI’s long-term potential:

1. Historical Growth: MEMEFI’s price has increased by 107.36% since its Initial Coin Offering (ICO) on November 22, 2024.

2. Token Supply Stability: With a circulating supply of 10 billion and no major inflationary risks, MEMEFI’s supply dynamics could support future growth.

However, the project faces significant hurdles, including market volatility, negative sentiment, and intense competition in the gaming blockchain space.

MemeFi’s Risks and Rewards

For investors seeking high-risk, high-reward opportunities, MEMEFI might still hold appeal. Its Web3 gaming ecosystem, with innovative economic mechanics, has the potential to drive token value higher.

But the risks are undeniable:

1. Volatility: MEMEFI operates in a speculative and unpredictable market.

2. Regulatory Challenges: Changes in global regulations could impact its viability.

3. Competition: The gaming blockchain sector is crowded, with established players dominating the space.

Investors must weigh these risks carefully against potential rewards. If MemeFi can regain community trust and achieve widespread adoption, its $0.4 price target for 2025 may still be attainable.

Conclusion: Lessons from MemeFi

MemeFi serves as a cautionary tale for anyone considering an investment in the cryptocurrency space. It underscores the importance of:

1. Transparency: Investors need clear and consistent communication.

2. Execution: Even the best ideas can fail without proper implementation.

3. Community Trust: Long-term success depends on maintaining strong relationships with supporters.

The story of MemeFi is a reminder to conduct thorough research and exercise caution when navigating the volatile world of crypto. While innovation is key, trust and reliable execution remain the foundation of any successful project.

If you want to buy MemeFi, learn more by doing in-depth research press MEMEFI. Know well the XRP price conversion to USD by accessing the Bitrue website and use the converting feature safely. You can also read various information updates about the MEMEFI project on the Bitrue blog for free.

About Bitrue

Bitrue is a leading cryptocurrency exchange, offering a wide range of digital assets, innovative features, and user-focused services. Founded with the mission to empower the world’s crypto enthusiasts, Bitrue continues to expand its platform with new products, events, and opportunities for users worldwide.

This press release has also been published on VRITIMES

Understanding Bitcoin’s Volatility: What’s Happening in the Crypto Market?

 

Explore Bitcoin's recent volatility, key levels, and market dynamics as it approaches $100,000. Learn why the crypto market is down, the role of liquidations, and opportunities in altcoins like CatSlap. Stay informed and navigate the trends confidently!

The cryptocurrency market has once again found itself in the spotlight as Bitcoin experiences significant volatility on its path toward the elusive $100,000 mark. Amid media speculation of a "crypto crash" and panicked retail investors, many are asking: Why is the crypto market down today?

Let's break down the current trends, market dynamics, and the factors driving these fluctuations, along with a spotlight on emerging opportunities.

Bitcoin’s Recent Performance: A Rollercoaster Ride

Bitcoin (BTC) has been on an unprecedented run, fueled by increasing market confidence and institutional interest. However, over the weekend, the flagship cryptocurrency saw sharp price swings, oscillating between $95,700 and $98,600, before retreating to around $94,000—a drop of nearly 5% in just 24 hours.

The pullback has wiped nearly $200 billion from the total market cap, leaving investors questioning its next move.

At the time of writing on November 27, Bitcoin price dropped by 1.51% to $92,730 with its highest price in 24 hours being $94,973. BTC RSI value is also below 50 so the selling trend is more dominant than the buying trend.

Key Levels to Watch

1. Resistance: $95,750 – Breaking above this level could pave the way for a return to $98,880 and potentially $100,000.

2. Support: $93,000 and $90,000 – Falling below these levels might signal deeper corrections toward $88,000.

Why Is the Crypto Market Down Today?

Several factors contribute to the current market downturn:

1. Liquidations Fuel the Downtrend

Data from Coinglass shows that over $489 million in long positions were liquidated in the last 24 hours. Bitcoin alone accounted for $56 million of these losses. When leveraged positions are forcibly closed, it increases selling pressure, exacerbating price declines.

2. Profit-Taking Activity

The weekend saw over 74,000 BTC moved to exchanges, with many traders likely taking profits following Bitcoin’s near-$100,000 rally. Such activity, especially during low-volume periods, can amplify price fluctuations.

3. Market Sentiment and Volatility

Despite the downturn, market sentiment remains bullish, with the Fear & Greed Index still indicating "extreme greed" at 82. However, such optimism can sometimes precede corrections as traders reassess their positions.

4. Options Expiry

The upcoming $9.4 billion Bitcoin options expiry has added pressure, with traders repositioning portfolios in anticipation of potential volatility.

The Bigger Picture: Is This a Crash or a Correction?

Contrary to alarmist headlines, this appears to be a natural correction within a larger bull market. Flash crashes and high volatility are common during price discovery phases, particularly at critical psychological levels like $100,000.

1. Whales and Institutional Players Remain Bullish: Large-scale investors, including MicroStrategy, have continued accumulating Bitcoin, signaling long-term confidence.

2. Historical Patterns: Such pullbacks often serve to flush out over-leveraged positions, creating a healthier base for future growth.

Altcoins and Meme Coins in Focus

When Bitcoin experiences a downturn, altcoins often suffer more pronounced losses. However, this environment can also create opportunities in niche markets like meme coins.

Whale Moves in Meme Coins

One standout is CatSlap (SLAP), a new meme coin that has surged by 6,000% since its stealth launch. Key highlights include:

1. Viral Momentum: CatSlap’s clicker game, Slapometer, has driven widespread engagement.

2. Whale Activity: Significant investments from large holders suggest confidence in its potential, with projections for a $100M market cap.

Meme coins like CatSlap often thrive during Bitcoin's consolidations, as smart money looks for quick gains before the next BTC rally.

What’s Next for Bitcoin and the Crypto Market?

1. Short-Term Outlook

Bitcoin faces immediate resistance at $95,750 and support around $93,000. Breaking these levels could dictate its next move:

Upside Potential: A breakout above $95,750 could renew bullish momentum, with $100,000 in sight.

Downside Risk: Failure to hold $93,000 might trigger deeper corrections, with $88,000 as the next key level.

2. Long-Term Outlook

Analysts agree that Bitcoin remains in a long-term bullish trend. Institutional adoption, limited supply, and favorable macroeconomic conditions suggest the $100,000 milestone is a matter of when—not if.

Conclusion: Key Takeaways for Investors

Bitcoin’s journey to $100,000 is a testament to its resilience and growing adoption. While corrections and volatility may test investor nerves, they are also part of the process that paves the way for future growth.

Whether you’re holding Bitcoin or exploring altcoins and meme coins, staying informed and strategic will help you navigate these exciting yet unpredictable markets.

For investors, pay attention to the following three things to stay safe in all crypto market conditions.

1. Don’t Panic Over Corrections: Volatility is inherent to the crypto market. Instead of reacting emotionally, focus on the broader trend.

2. Diversify and Explore Opportunities: While Bitcoin consolidates, altcoins and meme coins like CatSlap may present lucrative short-term opportunities.

3. Stay Updated on Market Events: Keep an eye on developments such as options expiries, whale movements, and institutional investments to make informed decisions.

About Bitrue

Bitrue is a leading cryptocurrency exchange, offering a wide range of digital assets, innovative features, and user-focused services. Founded with the mission to empower the world’s crypto enthusiasts, Bitrue continues to expand its platform with new products, events, and opportunities for users worldwide.

This press release has also been published on VRITIMES

Risky Market Ahead? Practical Risk-Management Tips from TradingPRO

 Volatile markets can create both opportunities and risks especially for new traders. TradingPRO is sharing practical risk-management tips t...