W o r l d . C r y p t o . G l o b a l

Loading

Welcome at World Crypto Global. This portal is packed with useful content and resources to built out your own crypto skills. WorldCrypto is a site member of Gabriel Vega Network.

Contact Info

CATEGORY: company news


Oct 06, 2022 08:30

From National Threat to Opportunity, How Regulation is Changing With Crypto.

Amid one of the worst crypto winters, polls and research indicate that crypto enthusiasm is still high. Public opinion about cryptocurrencies like Bitcoin continues to trend positively. Polls from The Ascent, made in May 2022, suggest crypto could become a significant political force moving forward. Analysis from a StarkWave survey in March 2022 found that 53% of American respondents believe crypto will be ‘the future of finance.’ Within the 25-34 age range, this figure swelled to 68%. A late September report from VC firm Haun Ventures found somewhat similar sentiment even amid bear markets for all of 2022. 72% of crypto holders in the poll, who lived in one of four major U.S. Cities, said they owned digital assets because “they want an economic system that is more democratized, fair, and works for more people.” Notably – Haun Ventures wrote, “voters are less likely to support candidates perceived as standing in the way of a decentralized internet.” These findings are notable as cryptos like Ethereum and stablecoins help drive DeFi. As public sentiment grows warmer towards crypto, surprisingly, some national governments might not be far behind. For example, Colombia’s newly-minted President, Gustavo Petro, explained in 2021 how “virtual currency is pure information and therefore energy.” To the ire of some within the European Parliament, French regulators approved the Binance crypto exchange in May 2022. Will The U.S.A Be The Global Leader In Crypto Regulation? Some speculate national governments could be looking to the United States on how to handle cryptocurrencies. Notably, two U.S. Senators announced the Responsible Financial Innovation Act in early June 2022, which proposes a long list of crypto regulations and attempts to clear up lingering questions about how to handle the industry. The legislation came just a couple of months after President Joe Biden announced a first-of-its-kind crypto executive order, spearheading a ‘whole government approach’ towards regulation. In an accompanying fact sheet, the White House acknowledged crypto was here to stay and that “…digital assets can also provide opportunities for American innovation and competitiveness and promote financial inclusion.” A more detailed framework followed in September 2022, marking a busy Fall 2022 for crypto-focused activity in the hallways of Washington, D.C. In early October, Senators Cynthia Lummis and Marsha Blackburn revised the Cybersecurity Information Sharing Act, which, if passed, would also open up opportunities for crypto-focused companies to report cyber threats to government agencies directly. Around the same time, Senator Bill Hagerty introduced the Digital Trading Clarity Act of 2022, designed to help cover crypto exchanges from “certain” SEC enforcement actions. Crypto regulation has long been a controversial topic. Still, many argue clarity is needed to help attract more users to the space and turn the vibrant digital asset world into a more significant economic engine. Why Regulation Could Be The Biggest Rocket Fuel For The Crypto World Brookings Institution Senior Fellow Aaron Klein asserts that crypto-focused regulation that strikes the right balance can help protect long-term investors, help crypto companies innovate, and cut down on fraud. ONANA senior market analyst Edward Moya argued in March 2022 that the overall crypto market cap at the time could double within two years if successful crypto regulation came into force in the United States. The United Arab Emirates and the Philippines have already worked to pass legislation that provides apparent regulatory oversight – ushering in opportunities for the establishment of ‘ecozones’ where blockchain and crypto-focused entities could set up and experiment in a business-friendly environment. The cross-border nature of cryptocurrencies means any sound regulatory approach requires cohesion between governments, public officials, private industry professionals, and crypto experts. Entities like the P3 Network continue to work towards ‘addressing the crypto question’ by unifying public and private sector officials together to understand how disruptive technology can support their goals of stable grids. Counting industry leaders like Solidus Labs, IOHK, and Prime Trust as contributors, the P3 Network offers region-specific crypto roundtables with access to a U.S. Congressional Technological Advisory Group that provides recommendations to committees, companies and nations with investment opportunities through P3 Network venture arm P3 Captial. Learn more about the Miami-based thought leadership platform by visiting the P3 Network website.  

Oct 06, 2022 08:30

How Jeremy Ryan Became The World’s Biggest NFT Artist on the BNB Chain

As more people familiarize themselves with NFTs and what they are, more artists have come on board. According to IntoTheBlock, there are more than 80,000 NFT collections, and this massive growth is not expected to stop anytime soon. NFTs started out as a form of digital art mainly used for entertainment purposes, but this has been changing.  Now, utility NFTs are taking over the space as they offer privileges, rights, or rewards to holders. That being said, Jeremy Ryan, also known as NFT Demon, has become the biggest NFT artist on the BNB Chain in terms of minted NFTs, collections created, and fully minted collections with 10,000 pieces or more. He has created six incredibly successful collections, including Cartel Punks, Bad Ass Doggos, and Gaming Shiba, and is now working on his latest one, Super Gremlin. Jeremy’s success, however, was not exactly overnight. Jeremy was diagnosed with brain cancer and zero chances of surviving. His battle against cancer ended up being a medical miracle and not only did he survive, but his life and passions took a complete turn. Before his diagnosis, Jeremy was never into art and had no artistic abilities. However, according to science and due to the nature of neuroplasticity, he was able to develop a passion for art that led to creating unique digital art. Jeremy is now known as NFT Demon and, as his name implies, creating NFTs has become his latest passion. After just one month in the space, he became the biggest NFT artist on the BNB chain. His work has extended to millions of people, including famous rapper Eminem who owns NFTs from three of his collections Many could say that Jeremy’s success stems from his unique style of art that resonates with many artists inside and outside the NFT world. Thousands of collections exist across multiple chains, which is why standing out and differentiating themselves in such a saturated market is of extreme importance. Jeremy made sure to do this in an appealing and relatable way by making his NFTs not only attention-grabbing but also by adding utility to his NFTs. Holders of some of his collections have the opportunity to network and give back to charitable causes, which leads us to his latest collection. NFT Demon will be launching his first NFT collection on the Ethereum blockchain called Super Gremlin. This collection will focus on bringing awareness to cancer in the Web3 community and will donate a portion of the sales to Brain Cancer Awareness month. There will also be other benefits to those who hold their NFT for a period of time, such as exclusive access to special events in the metaverse and special NFT offers. Jeremy Ryan is a prime example of how the most unexpected things can turn your life around and open unimaginable possibilities. He was told he had no possibility of surviving and now he is the world’s biggest NFT artist on the BNB Chain.

Oct 04, 2022 08:25

The GMT Token launches new “Greedy Machines” NFT series

The GMT token’s smart contract was launched in 2021 by GoMining. It is an international network of mining hotels that rents space for equipment and engages in BTC mining. The company’s founders understand how difficult it is for an ordinary user to start mining cryptocurrency. Even large organisations cannot increase capacity with the increasing complexity of the Bitcoin network. GMT token allows everyone to earn rewards in BTC without any hassle. What is GMT Token? GMT mines Bitcoin on its equipment and distributes the reward among holders. Payments are conducted automatically via smart contracts, which have been audited by CertiK. Major part of the funds from the token sale are used to increase the capacity of GMT. Once the new equipment is put into operation, the issuer allocates an additional batch of tokens. The native currency protocol contains mechanisms for fundamental growth and protection against inflation. As the team commissions new equipment, they issue new tokens. The number of tokens issued is not proportional to the equipment capacity but is 20% fewer. That way, the team distributes the free power among all the tokens in circulation, ensuring that the power of each token grows, and so does the mining reward. A Brief History of GMT During the project’s existence, GMT increased the hash rate of the device park from 100,000 TH/s to 725,000 TH/s. In addition, it has expanded its presence geographically, having 9 data centres worldwide with the most energy-efficient (Antminer S19Pro) mining devices on board. Although GMT is a young project, the team has already made significant progress and gained trust in the crypto sphere. The company has accumulated a huge hash rate, which serves as security for the token. In 2022, video cards and Asics became more affordable; however, the payback of farms is still high (12-18 months). Therefore, the GMT token has good prospects for growth, as it allows generating passive income here and now. The ability to receive daily rewards from mining attracts investors. The GMT team is actively developing the project. GMT Whitepaper is published in 12 languages. The GMT token’s price, as well as mining reward, will likely grow in the future due to the efficient team’s work, popularisation of the project through all available channels, capacity building and BTC rate strengthening. The Rise in Popularity of GMT GMT is the 30th member of the Bitcoin Mining Council (BMC) along with well-known players in the field of Bitcoin mining such as Argo, BlockCap, Core Scientific, Hive, Hut8, Marathon Digitais Holdings, Riot, Galaxy Digital and twenty others. The news was announced at the AIBC Summit on November 17 in Malta during a fireside chat between Michael Saylor, Founder, Chairman, and CEO of MicroStrategy, and Mike Costache, a blockchain investor, entrepreneur, and consultant. GoMining aims to popularise digital currencies among regular users and make mining accessible to everyone. The company cooperates with celebrities and well-known bloggers. In November 2021, UFC champion Khabib Nurmagomedov became the GMT ambassador. The project was reviewed by mainstream media outlets like Fxstreet, Entrepreneur, and tech-specialised outlets such as Tech Times. Greedy Machines – Uniting NFTs and Mining is Possible GMT Token is a project that makes it easier for anyone to engage in BTC mining. Recently, it launched its own NFT project, “The Greedy Machines”. The developers came up with a fundamentally new approach to creating an NFT collection and started an art project with a set of images of mining machines. That are not just pictures – each image is backed by computing power. The initial supply will consist of 1,000 unique collectible miners stored on the Ethereum blockchain. GMT users can exchange GMT for NFT, an image supported by real computing power, meaning NFT owners will get mining rewards daily. What is NFT Mining Farm? Greedy Machines is a concept art game where participants build their virtual mining farms. As mentioned above, NFTs are backed by a certain amount of computing power which allows mining Bitcoin daily and receiving rewards. A user should attach the purchased NFTs to one’s account to start building a farm. Farms include mining cells, mining shelves, immersion baths, containers, data centres, etc. Every user starts from a novice miner with one device and grows to the head of a mining empire, the owner of a mining power plant. Greedy Machines also includes an attractive referral program. NFT holders invite their friends to the platform, and as a result, both participants and invited members receive promo codes for an extra reward in Bitcoin. In addition, equipment maintenance is also rewarded – the more the participant performs equipment maintenance, the more bonuses one receives. Environmental Sustainability The GMT Token project’s first priority is to provide sustainable energy. The project offers “green” miners to its users. Profit will go to organisations involved in spreading sustainable energy: like Global Giving and Everybody Solar. One of the principles of NFT ownership is: the longer a user holds tokens, the more rewards one receives. Final Thoughts The Greedy Machines is a concept art game that builds a community of miners, facilitates BTC mining, and develops “green” energy. Those enjoying beautiful visual forms and artworks will definitely appreciate using the platform and GMT marketplace. The benefits users receive from the Greedy Machines collection include daily Bitcoin rewards for image ownership, unique images, and a part of the gaming infrastructure.  

Oct 04, 2022 08:25

SocialFi & NFTs: What This Means For Creators

DeFi continues to shake up the crypto world. GameFi is revolutionizing traditional gaming. But what about SocialFi? A combination of social media and decentralized finance (DeFi), SocialFi is the latest Web 3.0 innovation. Short for ‘social finance,’ the approach empowers content creators, influencers, and digital users who want more control over data. Social media platforms have grown to be one of the largest players in the Web 2.0 world. Research shows about 59% of the globe’s population uses social media. Unsurprisingly, data reveals digital activity rose dramatically amid COVID-19 lockdown periods. User behavior also shifted as people spent more time on social media, messenger services, and mobile apps. Despite the massive popularity of platforms like Facebook, Twitter, and Instagram, many worries these social media giants have become too centralized. Concerns are the entities and shareholders reap the rewards of content monetization. In short – worries remain that “if the product is free, you are the product.” How SocialFi Aims To Break The Power Of Centralized Social Media The building blocks of SocialFi aim to empower social media users to monetize brand equity, maintain digital data ownership, and foster a decentralized curation process where platforms can not unilaterally pick-and-choose content. Programmable NFTs are one of SocialFi’s most useful tools. Acting as unique digital identifiers, users can customize their virtual identity and even sell and rent content as NFTs. For example, a SocialFi user could immediately convert an impactful message into an NFT with just the click of a button. Many artists, creatives, and animators are heralding the arrival of SocialFi. Traditionally, these groups have found it very difficult to keep track of how their work is shared and used online. Digital piracy and manipulation also remain a large issue. Influencers and creatives also struggle to cultivate their own brand identity on social media platforms and then monetize their brand equity to generate income. Traditional social media platforms have made it hard to translate social credibility into dollars. With SocialFi, creatives can build brand equity with their own tokens, and even build a mini-economy surrounding it. Users can build subscription models in these tokens to unlock access to premium content. Designers, painters, and artists who sell their work can easily track where it goes to ensure unscrupulous users are not trying to copy, steal, or manipulate creations. Storytelling And The Power Of Creativity Within SocialFi All of these factors help open up new realms of financial autonomy for digital users and cultivate stronger communities. SocialFi platform users can freely collaborate, post, and share information without pressure from higher digital ‘authorities.’ Many argue storytelling will propel SocialFi forward. This type of engaging and dynamic content inspires users to build and share ideas, concepts, and dreams. Mittaria users collectively co-own the platform, which empowers creatives to share their world, with the option of working with professional animation creators to bring ideas to life. Along the way, animation enthusiasts can meet, share, converse with each other, and spend time together within the community-first platform. The Mittaria team remains committed to being one of the SocialFi forerunners by empowering creativity, promoting decentralization of assets and metaverse interoperability, and encouraging artists to produce and directly share content to earn money. Mittaria also plans to launch NFT collections that help users unlock various metaverse ecosystem benefits. Those interested in Mittaria’s Genesis NFT can follow the project’s website for updates and details about how to mint and price. Keep up with Mittaria news and growth by following the Web 3.0 platform on Twitter and Medium.

Oct 03, 2022 04:45

Bitcoin in El Salvador – One Year Later

It has been one year since Bitcoin became legal tender in El Salvador. Crypto adoption has not been without issues in El Salvador, but it’s difficult to weed through the different stories about Bitcoin because there are so many competing interests promoting or FUDing Bitcoin. This article will filter through the nonsense and describe how Bitcoin in El Salvador has panned out one year after it became legal tender. Why El Salvador Made Bitcoin Legal Tender El Salvador made Bitcoin legal tender ostensibly for a few reasons. The government cited the following reasons: A significant portion of El Salvadorans receive remittances from the United States. Remittances from the US actually make up 20% of El Salvador’s GDP. Fees for wiring money to El Salvador are not cheap. Bitcoin transactions are cheap, so the El Salvador government made Bitcoin legal tender to reduce the fees citizens must pay for remittances. Approximately 70% of El Salvadorans do not have bank accounts. Transacting in Bitcoin can act as a sort of bank account. El Salvador uses the United States Dollar, which is suffering from fairly bad inflation at the moment. El Salvador moved to Bitcoin to hedge itself against inflation of the US Dollar. The three reasons listed above are all the official reasons that El Salvador gave for making Bitcoin legal tender. There are likely other reasons for El Salvador to make Bitcoin legal tender that they will not say publicly, though. It’s also important to note that USD is still legal tender in El Salvador. The country still mostly uses USD despite Bitcoin legal tender. Anyway, the next section will discuss the reality of Bitcoin use in El Salvador since the country made it legal tender. Bitcoin in El Salvador – The Reality This section will cover point by point the official reasons that El Salvador made Bitcoin legal tender and then describe the reality of the situation. First of all, remittances in El Salvador. Are Salvadorans using Bitcoin for remittances? No, Salvadorans are not really using Bitcoin for remittances. According to information from worldcoinstats.com only 3.2% of all remittances are done in Bitcoin, which is pretty bad. Of course, no one expected this number to jump to 100% overnight, but it’s an underwhelming use compared to what many in crypto expected. Next, are Salvadorans using Bitcoin for their daily transactions? Again, not really. There’s no hard data on this figure, but it’s estimated that approximately 80% of shops in the country do not accept Bitcoin despite it being legal tender in the country. With that in mind, it’s unlikely that Salvadorans are using Bitcoin for most of their transactions. This came as surprise because the Chivo wallet app (the official Bitcoin lightning network app of El  Salvador) had over 4 million downloads when it was released. However, this is because new Chivo wallets received a free $30 deposit. The average salary in El Salvador is $12 per day, so $30 is a few days of work for many Salvadorans. Of course many would download an app for a free $30 when they make so little per day. Finally, has Bitcoin served as a good hedge against inflation of the United States dollar? Well, El Salvador bought approximately $100 million worth of Bitcoin over the past year at an average price of $45,000. The current price of Bitcoin is about $19,000. USD inflation currently stands around 8.2%, so El Salvador has lost more money by holding Bitcoin than it would have if it held USD over the past year. Of course, Bitcoin is more of a long term thing for El Salvador, so it’s a little silly to declare this a failure after only one year. What Went Wrong With Bitcoin in El Salvador? As you can see from the above points, Bitcoin in El Salvador has not been the great success that many people expected. There’s not much reason to fear, though. It has only been one year since El Salvador made Bitcoin legal tender in the country. The biggest problem with Bitcoin in El Salvador is that El Salvador picked probably the absolute worst time to make Bitcoin legal tender. They basically did it right at the top of the bubble and then proceeded to buy “the dip” anytime the price dropped – the problem was the price kept dropping. Anyone that went all in on Bitcoin around that time would be down about 50% right now. It happened to plenty of people, but in the case of El Salvador it happened to the entire country. If El Salvador would have invested in Bitcoin a year or two earlier, then the country would be up 500% on its investment and many would declare it incredibly succesful. This will likely occur if the price of Bitcoin rises again, which its expected to do after the Bitcoin halving. The problem with that the next halving is a few years away in 2024. Can El Salvador stay with Bitcoin for that long? Or will the country abandon the cryptocurrency before the price recovers? The other problem with Bitcoin in El Salvador is that the government forced people to use it, which goes against a lot of the principles of cryptocurrency. In fact, is it even cryptocurrency at that point? We would argue that it’s not really cryptocurrency if the government forces you to use it. The government specifically forced people to use the Chivo wallet app, which has a reputation for having a lot of bugs. And that has left a lot of Salvadorans with a bad first impression with Bitcoin because they associate all the bugs with the Chivo app as problems with Bitcoin. This is still a relatively minor problem, though. The bigger problem was that El Salvador picked the worst time to invest in cryptocurrency, but it’s still worth mentioning the other problem with the current system in El Salvador. Final Thoughts To summarize, Bitcoin in El Salvador has not been very successful one year into the country making it legal tender. There is still no need to fear, though. Bitcoin is a long term project for the country, so if El Salvador can stick to their Bitcoin experiment, then they will likely see it become successful.

Oct 03, 2022 04:45

“We are committed to becoming a crypto bank for 7 billion people.” – Vladimir Kardapoltsev, CEO of PointPay

Digital banks are coming on the market – banks that allow you to open accounts, take out loans or send money in just a few minutes. But how does it work? We’ve interviewed the CEO of PointPay to figure out how your first crypto bank will try to challenge the traditional financial system. Q: Tell us about the PointPay ecosystem. What projects does it include, and what services does it provide? Who are your main clients? A: PointPay is a comprehensive service provider in the cryptocurrency market.  Launched in 2018, PointPay already has more than one million active users worldwide. We seek to help people from all walks of life access the financial tools they need to build a better future. Our core products are a blockchain-based bank, exchange platform, cryptocurrency wallet, and payment system. We offer a diverse range of services that enable you to buy and sell digital assets, take out cryptocurrency loans, store your holdings securely, earn passive income on your holdings, and more. We aim to provide a comprehensive range of services in one place. We’ve developed many innovative products, such as Launchboard, Escrow, and HR Talent: PointPay Launchboard offers investors the opportunity to be among the first to invest in promising cryptocurrency projects. Our goal is to support the crypto economy by providing our customers with priority access to quality emerging projects. PointPay’s Escrow Platform is a service that helps protect buyers and sellers in transactions. We act as a middleman to help ensure successful transactions by keeping the buyer’s money secure in an escrow account. PointPay Talent Platform – is a platform that matches employers with remote professionals. The Talent Platform is our solution to finding and attracting top-level talent worldwide. Q: Your company provides cryptocurrency banking services. What functions are already available? Tell us more about it. A: PointPay, a blockchain-based bank, allows users to earn interest on 32 of the most popular digital assets by simply funding a Savings account. We offer a transparent and simple interest rate that allows anyone to earn APY on their assets. Furthermore, PointPay customers can borrow and lend seven popular cryptocurrencies with USDT as collateral. Cryptoloans do not require a credit check because digital assets serve as collateral for transactions. We offer the lowest interest rates on cryptocurrency loans – users can borrow assets from us at 0.012% per day. We are planning to launch crypto debit cards, enabling users to make online and in-store purchases with the same ease as with a traditional debit card. Q: What crypto processing options do you offer? How do you work with accounts? Can a large business organize cryptocurrency acceptance with the help of your solutions? A: Several months ago, we introduced the Unified Balance System. Now users have two accounts in the PointPay System – Regular and Savings. Regular Accounts can be used to perform any transactions, such as trading on the exchange, buying or selling crypto, etc. A Savings account serves as an interest-bearing account. It is suitable for holding your funds as you can transfer funds only 3 times per month; otherwise, you will not earn interest on your funds. PointPay Payment System allows customers to buy and sell digital assets with a bank card for fiat currencies, such as USD, EUR, GBP, and others. You can easily buy or sell assets using Visa, MasterCard, Bank Transfer, and more. We support over 50 major fiat currencies via our developed network of payment providers. We are planning to introduce recurring payments for individual clients and businesses so that they can accept periodic payments from customers. Q: What earning opportunities for regular users (staking, trading) does your platform provide? A: In addition to Savings accounts, we offer a Staking Program that allows you to earn passive income. The program provides an easy way to earn passive income by locking up PXP tokens in your personal wallet. Users can lock their tokens for 3, 6, or 12 months to receive rewards on a progressive scale – the more tokens they invest, the higher their return will be at the end of the period. We are constantly adding new ways for customers to earn rewards. For instance, our new service Launchboard allows PXP token holders to vote on projects that want to be listed on our platform. In return, token holders will receive project tokens. Our users can take advantage of our cryptocurrency exchange to grow their portfolios. We provide three types of interfaces: Classic, Advanced and Quick Exchange. The Classic and Advanced versions are intended for experienced customers, while Quick Exchange offers simplified exchange functionality. We also offer some of the market’s lowest trading and withdrawal fees. Q: Tell us more about your token. How is it used in the ecosystem? A: PXP is a utility token that allows our clients to use all the benefits of our PointPay Ecosystem. As the owner of the token, you can enjoy: Reduced Maker/Taker fees, depending on the number of tokens you hold; Earning passive income on Savings accounts and Staking; Instant commission-free transfers within the PointPay Ecosystem; Access to promising innovative projects on the Launchboard platform and much more! We are constantly working on expanding the perks and bonuses for our token holders. Q: Tell us about the company’s plans for the next 3-5 years. A: We are committed to becoming a crypto bank for 7 billion people. We plan to attract investors, traders, and everyday users by creating an ecosystem of complex solutions. We always follow the trends in cryptocurrencies to offer the most relevant and in-demand products. Soon, we plan to launch several new solutions such as Margin Trading, Recurring Payments, ACH transfers, and much more. In three to five years, we aim to build the leading ecosystem of cryptocurrency products that provide our users with all the services they may require in one place. We strive to become the number one cryptocurrency services provider in the world.

Sep 29, 2022 04:45

What are AI and Web3 Valuation, Tokenization, and Monetization as a Service (VTMaaS)?

Valuing and monetizing tokenized assets requires tremendous skill and expertise. Thus, rendering asset management as a tool to raise growth capital and liquidity inaccessible to many. The global tokenization market sized at $1.92 billion in 2021 is expected to grow to $2.32 billion in 2022 at a compound annual growth rate (CAGR) of 21.09%. Tokenization increases liquidity, lowers costs, and enhances risk management. AI and web3 valuation, tokenization, and monetization can all sound like overhyped buzzwords. But when put together and packaged neatly into a service, they help organizations of all sizes and shapes realize the value of their tangible and intangible assets. This paves the way for unlocking new revenue streams, driving greater user adoption, and raising growth capital. At its core, Valuation, Tokenization, and Monetization as a Service (VTMaaS) is the ability to take something of value — like a company or asset — and break it down into small pieces that can be traded on a blockchain. This makes it easier for people to invest in things they might not have been able to before and opens up new opportunities for monetizing assets. With state-of-the-art AI and blockchain-enabled valuation and portfolio management engines, companies like Ovenue are striving to transform the asset management industry by empowering enterprises of all sizes to unlock the value of off-chain assets through their technology that are backed by AI and Web3. Ovenue builds and licenses AI and Web3 technologies for asset valuation, tokenization, and monetization. Asset owners or businesses can turn their real-world assets into asset-backed digital products (such as asset-backed tokens, a type of non-fungible tokens) that can be licensed, sold, and collateralized using Ovenue’s end-to-end software and platform, powered by artificial intelligence and blockchain technologies. These software products can be used by small and medium-sized enterprises or financial institutions for asset management, digital transformation, and financing. Identifying and Evaluating Assets for Tokenization The first step in the tokenization process is to identify which assets are best suited for tokenization. Once potential assets have been identified, they must be valued and evaluated in terms of their risk/return profile, liquidity needs, and other factors. After conducting a thorough analysis of the asset, a report is generated that outlines the feasibility of tokenizing the asset in question. In some cases, asset owners and businesses can choose their off-chain tangible and intangible assets they intend to onboard on to a platform like Ovenue. Intellectual property, commodities, natural resources, and real estate are a few examples of real-world assets that can be tokenized. The process of asset valuation is one that requires reliable valuation software, predictive analysis, and asset management expertise to generate a fair market value for real-world assets. Expert skill and knowledge of market conditions are required to meticulously calculate the value of an off-chain asset. Ovenue is adept at this. The valuation process structured by the team at Ovenue combined with predictive and historical metrics adds precision and trust to asset valuation and tokenization thanks to AI and Distributed Ledger Technology’s (DLT) immutability. The legitimacy and enforceability of smart contracts render a new class of highly valuable and transparent assets. Tokenization and Monetization of Assets The tokenization of an asset is the process of converting it into a digital token that can be traded on a blockchain. This makes it possible to transfer ownership in the asset and make it more liquid. Once an asset has been tokenized, it can be traded on secondary markets or used as collateral for loans. The assets, however, need to be isolated due to their inherent risks. This is particularly true in the case of intangible assets. To isolate the risk associated with the process, Ovenue offers asset owners the option to separate their assets into a Special Purpose Vehicle (SPV) to legalize the asset ownership. Asset-Backed Tokens (ABTs) are also key to creating new asset-backed products like asset sales, TradFi, and DeFi debts. This simplifies the financing and monetizing efforts as they cannot be replicated or subdivided. ABTs require a market where they can be traded or transacted to further financing efforts. Asset owners should be equipped to securely exchange digital money, leading to new growth opportunities and financial freedom. After valuation and tokenization, ABTs are listed to be sold, collateralized for future financing, licensed for royalty, or inventorized on the platform. Summary The AI and blockchain-enabled platform and finance protocols that Ovenue has developed significantly simplify raising growth capital. Asset tokenization brings highly valued assets into the platform and offers a new marketplace where investors can attain financial freedom by buying and selling their holdings. It also ushers in a higher return on investments.

Sep 28, 2022 04:50

BUSDVerse: How to Make Highest Yield Safely on Binance Smart Chain

As the cryptocurrency market grows, the demand for products offered by digital technologies rises too. Thanks to the emergence of blockchain and cryptocurrencies, the existing financial system is changing and there are many new opportunities that were not there before. This is the reason for such a rapid growth of digital assets. Thanks to the decentralization of cryptocurrencies, DeFi projects appeared and Yield farming began to develop. The opportunity to receive passive income on Yield farming has attracted many users to cryptocurrencies. Yield farming and the possibility of getting passive income are becoming popular and attracting many users, increasing the liquidity of DeFi projects. BUSDVerse.com , using all the advantages of DeFi and Yield farming, eliminates the existing disadvantages, making investing stable and profitable. Binance Smart Chain is a fast, secure, cheap blockchain, which expands its widespread use cases. That is why BUSDVerse.com offers its users the most profitable earning opportunities and the best conditions for getting passive income. Working in the most progressive, rapidly developing industry, we give others the opportunity to earn. The higher the working capital is, the higher is our income and the income of our investors. Marketing presents plans lasting from 14 to 28 days. There are 6 types of investment: regular investment, random investment and locked investment. Plan 1 – 8% daily for 14 days. Total profit 112% Plan 2 – 7% daily for 28 days. Auto compounding. Total profit 564% Plan 3 – 12% daily for 14 days. Withdraw at the end. Total profit 168% Plan 4 – 4-12% daily for 14 days. Random plan. Total profit 56-168% Plan 5 – 4-9% daily for 28 days. Auto compounding. Total profit 200-1016% Plan 6 – 8-16% daily for 10-18 days. Withdraw at the end. Total profit 80-288% Profit growths +0.5% daily, only for new deposits Minimal deposit: 5 BUSD RESTAKE FUNCTION: User can choose a plan to restake withdrawable balance and get +0.2% daily profit bonusBonuses if user does it: RANDOM RESTAKE FUNCTION:User can click special button, contract randomly chooses plan and restakes withdrawable balance. For those who wish to promote the benefits of BUSDVerse.com worldwide, a referral program is provided. The referral program consists of 3 levels – 5%-3%-1 BUSDVerse Features Simple User Interface There are a lot of platforms using Yield farming. However, in most cases, they are very difficult to use. Because of this, they are not available to most users. BUSDVerse.com offers a simple and easy-to-use user interface, which makes the platform very user-friendly and intuitive. High Profit The high return of 525% in a random investment plan attracts many investors to BUSDVerse . Dapp offers from 4% to 16% per day depending on the investment period. Easy Deposit BUSDVerse.com  provides a simple deposit function.  You don’t need to be a DApp expert. The presence of a crypto wallet is the main requirement. Safe Investment As mentioned earlier, DeFi protocols carry increased risks. However, the BUSDVerse protocol and smart contract are protected from any vulnerabilities, fraud, and errors. BUSDVerse.com is fully transparent and secure. BUSDVerse successfully passed an audit from SOLIDproof.io . No vulnerabilities, backdoors, or any scam scripts were found in this project. Around-the-Clock Support BUSDVerse.com has a 24-hour customer support service, ready to answer any questions and solve all problems. Users can contact the support service of BUSDVerse in Telegram group and other social media accounts. Why it is necessary to invest in BUSDVerse Yield farming offers many opportunities and has excellent prospects. We created BUSDVerse to contribute to the development of blockchain technology and take advantage of all the opportunities that this technology offers. There are many good reasons why you should choose Yield farming from BUSDVerse.com . But the biggest reason is that it safely provides the highest returns in the  Binance Smart Chain. It is a safe and reliable application with a guaranteed high return on investment.

Sep 27, 2022 04:46

Geeq granted a US patent for the protocol’s security and scalability features

Geeq, a Canada-based blockchain company, has been granted a patent in the United States for features of its multi-blockchain, layer-zero protocol’s security and scalability systems, according to a press release. Details found in the patent’s application describe a technology termed “Proof of Honesty,” which is Geeq’s alternative to predominant proof-of-work and proof-of-stake consensus mechanisms. Additionally, Geeq alleges that its system of federated blockchains is able to ensure security and achieve “infinite scalability.” According to the patent application: “If there is at least one honest node, it will write an honest block to a valid chain. Users are able to discover honest chains and will always choose it for their transactions. Dishonest chains become orphaned.” Geeq also claims that having flexibility built into the protocol, which can create additional chains during periods of increased network activity and then merge chains when transaction volume decreases, keeps the cost of transactions more affordable as well as 99% Byzantine fault-tolerant. In the press release, Geeq CEO Ric Asselstine noted that gaining the approval of the patent “marks a critical point in time for Geeq as we push forward aggressively with the development of transformative solutions for previously intractable problems.” One of these “previously intractable problems” is the poor user experience when using blockchain technology due to the complexities of interacting with smart contracts. Geeq noted in the press release that instead of having users interact directly with smart contracts, a suite of applications that facilitate the most common types of transactions makes it so that “the end user is able to focus on what they gain rather than worry about potential exploits, complex coding dependencies, or the downstream effects of governance decisions.” In a company blog post, Geeq stated that its launch strategy would not include a private nor public beta but would instead consist of soft-launching features as they are developed and fixing bugs as they are found  — reminiscent of Telsa’s software updates that rollout new features over time or security fixes included in every iOS update. Geeq has also received funding from major players in the space such as GEM Capital, which committed $25 million in August 2022. Geeq CEO Asselstine said with this funding, the company/protocol is now “ready to bring enterprise and individuals into the metaverse and Web3.”    

Sep 24, 2022 04:45

How Metamask Gambling Is Decentralizing The Online Casino Industry

Metamask gambling has been growing in popularity over the last couple of years. With the rise of the Web3 space and online crypto gambling, Metamask managed to fill in a gap that brings both sectors closer to one another. Crypto casinos are taking more to integrate the Metamask wallets on their websites for gambling activities. Using a decentralized Web3 wallet like this ensures that users of these gambling platforms are able to enjoy features that are not available on more conventional online casinos. Why Metamask Gambling Is Better One drawback of conventional casinos is the arduous sign-up processes that are usually associated with them. However, casinos had started to move towards accepting crypto deposits and withdrawals, which, over time, had required less stringent sign-up processes. But even this was not a seamless process. This is where Metamask gambling enters the picture. Metamask is a Web3 wallet that allows users to interact directly with cryptocurrency networks. It had started out on the Ethereum blockchain but had since expanded to include other blockchains such as BSC, Avalanche, etc. It comes in the form of a browser extension and mobile application from which users can directly connect to Web3 websites. It is also an easy-to-use hot wallet where users can receive coins by simply copying their addresses to forward to the sender. Given this, Metamask has found a natural home in the online gambling industry. Gambling websites are able to integrate the Metamask wallets directly on their platforms, making it possible for users to register or log into the website using the wallet, as well as processing faster deposits and withdrawals. Best Metamask Casinos Metamask gambling casinos have been known to provide some or all of the integrations mentioned above. In some cases, some casinos will offer the option to deposit with Metamask only or the option to use the hot wallet as a means of authorization. So, here are the top 3 Metamask gambling casinos that you should look at. Bitcasino Bitcasino is arguably one of the best Metamask gambling casinos in existence. It offers full functionality with Metamask, making it a one-stop shop for all things Metamask gambling. Users can register and log into the platform using their Metamask wallets. Bitcasino also takes this one step further by offering deposits and withdrawals using Metamask. Users can also use other tokens on the wallet, such as USDT, on the Bitcasino website. Players should, however, note that there are some things not offered by Bitcasino in this regard, such as a welcome bonus for ETH players. Users may also be required to complete a KYC verification when the casino requires it. Nevertheless, Bitcasino offers beloved slot games, as well as a wide variety of live casino games. The betting platform is also one of the few crypto casinos that offer betting on eSports. However, users cannot place crypto bets on games such as Crash or Dice. BC.GAME BC.Game has been pretty much the only Metamask gambling platform that supports the BSC network. This casino allows the direct integration of Metamask but for deposits. Users can also use the wallet to carry out authorizations on the platform. And unlike Bitcasino, BC.Game supports a much wider array of tokens, including ETH and MATIC. While it does have a welcome bonus, there is no stable welcome bonus on the platform. Also, similar to Bitcasino, BC.Game can also require users to go through KYC verifications. However, users get one free spin daily with a prize of up to 1 BTC. Sportsbet.io The third on the list is Sportsbet.io. It is a Metamask gambling platform that allows a minimum deposit of 10 USDT and offers a stable welcome bonus, unlike the others. Users can get up to 2000 wager-free spins that are worth 200 USDT. Furthermore, users can use their Metamask wallets to authorize their accounts, as well as make deposits and withdrawals. It also accepts other tokens available on the hot wallet, such as ETH and SOC. Like the others, Sportsbet.io comes with its own disadvantages, such as KYC verification and the fact that there are no provably fair crypto games. However, the betting platform is extremely popular and is currently the principal sponsor of the English Premier League football club Watford FC. Conclusion Metaverse gambling platforms are still very new, but they have already proven their value to the online crypto gaming space. As more platforms innovate toward integrating Metamask gambling, these advantages are bound to become more apparent to the gambling community. But for now, the platforms offering Metamask gambling are a small pool and only support a handful of tokens at this time.   Image by Alexa from Pixabay

Sep 22, 2022 04:45

Integrating The Third Dimension to Social Media

Social media is one of the most important inventions of the digital age. It has allowed us to communicate and connect with the world in a way that has never been possible in human history. Furthermore, it offers us the ability to form bonds with the world and find like-minded individuals who share the same ideas and beliefs. However, social media is not without its limitations. One of the largest of which is to do with how information is presented and passed along. Social media platforms are practically all 2-dimensional, meaning that all data is displayed in a 2-dimensional format (i.e., on a screen). This means that people can only connect via text, images, sounds, and videos. While this is certainly still good, it cannot be denied that it leaves us longing for more. We live in a 3-dimensional reality, which means we experience the world in a much richer way than current-day social media can display. Many moments in human existence are essential because they happen on a 3-dimensional plane, where people share space. We are social creatures, and the best way to socialize involves proximity and physicality. Sadly, most social media platforms cannot accommodate this. Expanding The Boundaries With that being said, developments in VR, AR, and even blockchain have caused scientists and developers to re-examine our social media landscape and create alternative platforms that help satiate our genuine desire for socializing and connectivity. As a result, immersive and digital spaces are being built that allow people to connect with the world from their computer while also interacting on a 3-dimensional plane. One project at the forefront of this is MT Tower. This social media platform doubles as a fully functioning metaverse. This lifestyle and gaming environment is pushing the space’s boundaries by allowing people to form genuinely intimate connections online. All around the world, there is a silent recognition that creating bonds with mere words and images is not enough to satisfy us. But until recently, there were no digital alternatives. Lockdowns triggered by the COVID pandemic taught us that humans crave 3-dimensional contact, rendering traditional social media ineffective and no longer fit for purpose. This is why metaverse environments such as MT Tower are more critical now than ever. Writing texts and sending pictures may have been enough to feel socially included pre-pandemic. Still, nowadays, we have awoken to just how lonely an experience can be. Websites are no longer sufficient; we need virtual spaces. A Truly Immersive Future MT Tower is building an intimate, all-encompassing, and emotive environment. It creates a virtual location where people can congregate, discuss ideas, make memories, and (above all) share space. It favors immersion beyond anything else as the project understands that humans are 3-dimensional beings who need 3-dimensional tools. This is a critical moment for the social media landscape, as it is the first significant evolution of the industry since its inception. The move from 2-dimensions to three will be a welcome change for consumers and the public at large, as there is a subtle recognition among internet users that words, images, and videos are far too limited to capture the beauty of the human experience.  

Sep 20, 2022 04:50

Sagaverse: Allowing Creators and Fans to Co-create and Co-monetize

It has never been easier to create — and this is reflected in 50 million creators trying to earn a living from their work — but the majority are struggling as only 2% of creators are earning income above minimum wages. What all creators have are their own superfans that create content. Yes, that’s right – The flip side of being a creator is what makes a creator in the first place: Their fans. Today, fan content already outnumbers original content. There are 75 million fans creating derivative works and fan art, creating a whopping 7.5 billion fan content consisting of images, videos, live streams, and comments. However, most generated content is trapped in dead ends. This content is ‘forgotten’, remains unmonetized, and is not used as a distribution driver. That is a massive missed opportunity. This is true for video, where even though video accounts for over 85% of internet traffic, video is still constrained to linear passive broadcasts and distribution models that lock out many creators and their fans. The Sagaverse project’s  founders spoke to content creators and communities to identify the best solutions to solve these problems. What’s needed now, is the ability to unleash new forms of video experiences, while fairly compensating for fandom, community, and participation. Let us show you how Sagaverse empowers ownership, attribution, and lifetime passive income. Key Points of Sagaverse Sagaverse, an engine and protocol for web3 social media, makes it easy for creators and fans to come together to co-create, co-monetize and co-distribute. Sagaverse is developing a cross-platform app that acts as a user-facing front-end for a rich media player and integrates a new approach to co-creation powered by derivative content monetization and various social features. Bringing creators and fans together, Sagaverse makes it possible for creators to activate fans and their content, bringing them limitless benefits. For creators, there’s nothing more powerful than a fan and what fans crave most is meaningful interaction and connection. Just imagine the greater network effects that could be realized if creators and fans were given the power to buy in. Blockchain Central to Sagaverse is its blockchain-powered manifest ensures attribution and licensing information is carried along and terms are always honored. The protocol consists of two main components: Rich Media Manifest for composing, distributing, and recomposing tokenized assets while retaining attribution, licensing information, and no duplication of assets Media Engine merging creation and consumption of interactive visual assets (2D, 3D, Programmable, Audio) Possibilities for Creators and Fans Content on Sagaverse is called a Saga. Sagas are all about collaborative play and creation. At the heart of Sagaverse is a rich media player designed for next-generation visual media including interactive and augmented video. We know that this is the next content format people will love and want in their lives. Combining this media player and manifest brings co-creation and attribution together, encouraging new rich media experiences through: Interactivity A 3D artist can create a 3D character and allow 3D animators to animate it, add video filters, AR games, custom emoji packs, etc. Every time the character is used by other artists or fans, the 3D artist who created the initial character receives rewards or royalties. Besides, creators can mint video NFTs and make them remixable by others, receiving royalties when consumed. Collaboration Creators and artists can unite and create ads, and then when advertisers use those ads, the co-creators receive royalties for their work Rich Media Besides, creators can cooperate with their fans; thus, they can make co-own augmented video NFTs, which Sagaverse calls Rich Media. A second, a like, a comment, a remix, a collaboration – everything counts and generates value. What Kind Of Content is Sagaverse Meant for? Current business models on Web2 platforms are unsuitable for the new expectations of creators, prosumers, and fans. Artists who focused on interactivity did not have a place in Web2, but now the world is asking for their content. Sagaverse developers created the platform for artists who create content that demands interactivity, such as video with fast-moving content (like sports), 3D artists, motion graphics artists, shader programmers, and developers that produce programmable content. And an open rich media format to describe the content like comments, likes, reaction videos, remixes, and related other content. Tokenomics Owning the Sagaverse token means owning the future of creation. The token is used in all platform transactions and is backed by partial DAO ownership of a growing content library. Token demand comes from staking and platform transactions. Monetizing is easy.  Mint, own, and get paid all from the Sagaverse mobile app. Creators always keep 95% of the revenue they generate. Every time anyone engages with a Saga, owners are rewarded through a Play to Earn model that continuously pays out over the lifespan of the content. Sagaverse’s blockchain protocol ensures attribution and licensing information is carried along and terms are always honored. Sagaverse allows anyone to support creators through content staking. Anyone can invest tokens earned or by purchasing additional Saga tokens. The more derivative works, engagement, and transactions a Saga has, the more tokens are distributed to its owners and stakers. This incentivizes and rewards creators and fans to build up the Sagaverse network through co-ownership, co-monetization, and co-distribution. The Sagaverse DAO retains a 5% fee from all transactions for maintaining and growing the platform, and some part is allocated among creators depending on how their content is consumed. Roadmap The first product launch of Sagaverse dApp is scheduled for a Q4 2022 release, targeting short-form video Creators, eSports players, 3D artists, 3D animators, developers, and fans of Sagaverse’s future is an open protocol for tokenized rich media. In late 2023 Sagaverse will open its protocol, allowing publishers to build creation and consumption experiences and enabling publishers to build and launch collaborative web3 media dApps. Wrapping up While Web2 is not enough for content creators to make a living, Web3 opens an extensive list of opportunities for both creators and fans, allowing both to cooperate, co-create and monetize. The Sagaverse platform brings together short-form video Creators, eSports players, 3D artists, 3D animators, developers, and fans who create interactive videos and want to monetize their work. Blockchain technology allows distributing and recomposing of tokenized assets while retaining attribution and licensing information. Mobilizing communities to create, remix and monetize interactive and AR video Bringing your digital assets to new audiences Enabling new revenue from your digital assets Creating with idols. Activate your community of fans to create, remix and monetize All this incentivizes and rewards creators and fans to build up the Sagaverse network through co-ownership, co-monetization, and co-distribution. Their Mission is bold: Empower 1 billion creators and fans to co-create,  generate income and thrive through creation and play with interactive visual content.

Sep 20, 2022 04:50

Plugin-Ambient Weather Partnership: Empowering Today’s Society with Smart and reliable Weather Systems

The global climate is changing rapidly as compared to the pace at which natural variations occurred in the past. And with the climatic changes, previously unseen occurrences that could hinder many day-to-day operations in society are becoming too common. For instance, global temperatures rose by roughly 1.8 °F between 1901 and 2016. The high temperatures are worsening and making frequent different types of disasters—heat waves, storms, floods, droughts, etc. Warmer climates are also creating atmospheres that collect, retain, and dump more moisture, changing weather patterns in a way that wet areas become wetter and dry areas become drier. Increased drought, intense floods, and storms are causing numerous public health and safety concerns. As well, the increased unpredictability of weather patterns is posing risks to numerous weather-dependent activities—including but not limited to agriculture, travel, education, sports, etc. Given that some of these activities touch on the social and economic wellbeing of our societies, increased unpredictability in weather poses significant challenges to populaces globally. While unpredictable weather poses a threat to day-to-day activities, all is not doom and groom. Unique partnerships leveraging smart weather forecasting and decentralized data-transfer protocols are making it possible for the inception of technologies that can point out weather changes or any related events in real-time. The innovations are giving stakeholders the ability to verify weather patterns that may affect their activities, further improving how society interacts with the ever-changing climatic conditions. To highlight the importance of unique partnerships in unlocking the potential of smart weather management systems, let’s look into the recently concluded Plugin-Ambient Weather partnership and why it matters. Plugin-Ambient Weather Partnership: Why does it matter With the rise in demand for accurate weather forecasts in day-to-day activities, the Plugin–Ambient weather partnership avails users with more options regarding smart weather stations for homes, businesses, farms, and more. As well, the partnership avails network members with an option to become data providers. Given that ambient weather is available globally, the partnership allows users of ambient weather’s smart weather stations to participate in gathering weather-related data and claim the rewards therein. Worth noting: The basic criteria a user needs to meet to participate in Plugin WFN’s use case as a data provider include; having uninterruptible power and Wi-Fi, and outdoor space to install an Ambient weather station. These preconditions ensure seamless data transfer via an approved Ambient sensor. Plugin–Ambient Weather Partnership: How can users Participate Individuals or organizations that are interested in smart weather systems and willing to be part of Plugin WFN project must first purchase Ambient Weather’s smart weather system. Upon acquiring and installation of the smart weather forecast station, the user should go ahead and connect their device to Plugin’s portal. The registration process involves generating an ‘applicationkey’ & ‘apikey’ to register the new device. Upon creating the appropriate API keys for their device, users will have to check if their sensors transmit data to the ambientweather.net portal. Thereafter, users will be required to submit their device’s applicationkey, apikey, latitude, longitude, country, state, city, zip code, and wallet address to Plugin’s portal. If the data is satisfactory, team Plugin will approve the user’s node. Once approved, a user will be required to stake 1000 PLI & 5000 XDC to register as a data provider for Plugin WFN. After staking is done successfully, a user will receive an approved WFN device ID for their node, allowing the user’s sensor to gather weather-related data for Plugin WFN’s project. Thereafter, a user can claim their reward for providing weather-related data. Interested users can view the detailed step-by-step process here. What are the likely benefits of Plugin–Ambient Weather Partnership Increasing Utility for Weather Forecast Data Previously, weather intelligence systems relied upon distributed radar and satellite systems to gather data. While the data has been useful, it has been general in nature, thus limiting its scope. Particularly, such data has lacked accurate and real-time aspects that help businesses make more informed choices. On the other hand, generic weather forecasts from distributed radar systems produce raw data that’s relatively expensive, confusing, and inaccessible to many end-users. The raw data is often nested within weather stations in airports, government agencies, and academic institutions. As well, the data is released to the public via endpoints controlled by centralized organizations like the National Oceanic and Atmospheric Administration (NOAA), National Aeronautics and Space Administration (NASA), the World Meteorological Organization, etc. Many a time, released data sets aren’t in real-time and may be complicated, necessitating expert assistance to digest the data for ordinary end-users. However, the Plugin–Ambient weather partnership solves these problems. With decentralized weather forecast sensors (made possible via Ambient weather’s smart solutions), Plugin collects highly granular data that’s cryptographically signed before being uploaded onto PLI’s blockchain. Thanks to the partnership, data users can verify the provenance of the data by checking the coordinates tagged with the data. What’s more, the decentralized, yet highly trustworthy, nature of collected weather forecast data increases the accuracy, accessibility, and user-friendliness of climate data. It also lowers the costs of climate data. The resulting ease-of-use and ease-of-access to highly accurate and verifiable climate data give autonomy to end users that could not previously acquire the data and make appropriate decisions. The increased access to data opens-up opportunities for numerous use-cases that leverage the diverse nature of climate data. Some unique examples include crop insurance and logistics. Reducing Climate-Related effects globally The Plugin–Ambient weather partnership also unlocks benefits and synergies that have significant potential to reduce climate-related effects. With highly granular data and improved provenance, the partnership holds the key to unlocking efficiencies in agriculture, disease control, conservation, humanitarian and military operations, and mitigating climate-related challenges. In agriculture, for instance, highly granular data that’s made possible by the partnership will help alleviate challenges straining the agriculture production system. Worth noting, projections show that the agriculture sector will have to feed roughly 9.8 billion people by 2050. Accompanying the rising population is a multiplicity of adverse environmental effects that put significant strain on the productivity of previously valued arable regions. These strains are projected to increase given the predicted extreme weather conditions and increasing effects of global warming. Nonetheless, food production systems can benefit from highly accurate and granular data—availed by the partnership between Plugin and Ambient weather. For instance, farmers and food providers can benefit from accurate and real-time climatic data in many ways. In particular, having highly granular data on weather patterns helps food producers make accurate decisions before, during, and after their production cycles. With climate change requiring farmers and breeders to respond to changes faster and in smarter ways, data-driven decentralization of weather forecasting (as seen in the Plugin – Ambient weather partnership) can improve predictions and improve breed selection in dynamic production environs. Improvements in breed selection will result in increased productivity. On the other hand, decentralized data collected via Ambient’s weather sensors has the potential to improve humanitarian and national security issues relating to climate change. With natural disasters becoming more catastrophic and displacing large populations, national security agencies in different countries have to rely on smart and highly accurate data to optimize their response to adverse climatic events. In the recent apocalyptic floods in Southern Asia, for instance, the highly granular data collected by Plugin can help key stakeholders improve the preparation and response to such disasters. Specifically, the highly accurate data availed in real-time can allow security agencies to allocate resources (food supplies, manpower, and equipment) where most needed before, during, and after a natural disaster. Improved planning can help save lives and prevent misuse of vital resources during such events. Nurturing Sensing-as-a-Service (SEaaS) model Sizeable networks of sensors are in use today. And there’s numerous potential in data collected by these nodes, globally. Be it weather stations tracking atmospheric changes or shipping trackers, the SEaas model has the potential to create passive revenue streams as well as provide resources for important enterprises. In this context, Plugin–Ambient Weather partnership pioneers the SEaaS space by leveraging blockchain and remote sensors availed by ambient weather’s smart weather solutions. Through the partnership, users in ambient weather’s network can leverage the partnership to earn some benefits. On the other hand, the incentives offered, and the automatic manner in which data is collected and transmitted guarantees the accuracy and verifiability of data gathered through the Plugin and Ambient weather set-up. While the partnership unlocks synergies associated with weather forecast data, it also highlights the potential held by solutions employing blockchain-based smart contracts and decentralized data nodes. It also highlights the possibilities that blockchain and decentralized data providers can achieve by ensuring the verifiability of data without centralized organizations checking and rechecking the data for accuracy. Ultimately, a vibrant SEaas space will help unlock new economies and improve benefits to organizations, governments, and the entire society. Final Thoughts With the increasingly changing and unpredictable climatic patterns, more industries are experiencing previously unseen challenges. Some of these industries play very crucial roles in our society, and mitigating the ensuing climate effects is paramount. Though numerous solutions to climatic change and its effects exist, decentralized tech holds a lead position in providing sustainable results. In line with these views, the partnership between Plugin and ambient weather guarantees accurate, verifiable, and highly granular climatic data. The data, which is availed in real-time, provides some important insights to guide vital activities in agriculture, disease control, humanitarian initiatives, conservation, etc. The smart climatic weather data systems also unlock an array of opportunities in a variety of weather-dependent industries That said, Plugin-Ambient weather’s partnership makes significant contributions toward empowering today’s society through accurate, and verifiable weather data. For more information, kindly visit the following links: A). Plugin Twitter Plugin Website Plugin WFN user interface Plugin WFN – Ambient weather unit onboarding instructions B). Ambient Weather Twitter Ambient Weather Website  

Sep 19, 2022 04:45

Cryptocurrency Continues to Enter The Mainstream, But Education Remains a Barrier

Cryptocurrency was designed to empower people by giving back their financial power and allowing them to avoid relying on governments and banks. Since its infancy, cryptocurrency has disrupted traditional financial services, including governments, central banks, and venture capitalists. Cryptocurrency is generally decentralized in nature, meaning any single person or entity does not control it. The technology’s decentralized nature has allowed it to revolutionize the finance world through its unparalleled transparency, immutability, and security. As a result, it is rapidly making its way into the mainstream. As it continues to evolve, more countries have legalized cryptocurrency, with some declaring it legal tender. However, the technology doesn’t show any signs of slowing down either, with analysts projecting that the cryptocurrency market will be three times as large by 2030, estimating a valuation of around $5 trillion. Despite the rapid mainstream adoption of the technology, due to the sector’s lack of regulation and inherent volatility, many people still haven’t entered the space. However, despite the setbacks, countries like Columbia and Venezuela have started to use it for business purposes. Like any new technology, the lack of education around cryptocurrency is a huge barrier preventing people from getting involved, and while there are several educational platforms, there’s still a need for a holistic educational tool that investors can use. That’s where Collective Shift aims to solve this problem through its educational platform used to educate people through media, providing access to tools, insights, opportunity alerts, and portfolio strategies that investors need to succeed. Collective Shift believes that the key to cryptocurrency is its community focus, which is why it has designed a platform built on being a collective. With its team of expert investors, research analysts, passionate team, and dedicated members,  it believes it can confidently move the industry towards collective success. “No technology in recorded history has ever been adopted faster than cryptocurrency, including the internet itself. We must come together to give people exactly what they need to succeed as we build a new future,” the company states on its website. The platform profoundly understands what the cryptocurrency space needs—a place where they can get consolidated access to the most critical insights and information. This is why the platform publishes free education through its research reports, beginner materials, articles, videos, and podcasts. The company’s founder, Ben Simpson, fell in love with cryptocurrency while building his apparel business, seeing the potential in Bitcoin “beyond the rational benefits of decentralization, its deflationary nature, and permissionless, borderless qualities.” The more he learned about the space, the more he learned about the power of community, which is what spurred a need for the platform.  “I created a group of crypto experts to surround myself with and together, we collectively began sharing our research to spot the next trends and opportunities,” the entrepreneur says. Ultimately, Simpson says that Collective Shift was born to empower individuals to succeed by educating them and connecting them with the crypto community. “The idea that no one person could do this alone. That the collective makes the individual stronger — and that with the right tools, resources, and people — we could democratize wealth through crypto for all,” he says.  

Sep 15, 2022 12:05

Two Major Blockchain Network Upgrades Ethereum 2.0 and XDC Network XDPOS 2.0, all You need to Know.

Ethereum 2.0 upgrade is scheduled for September 13 to 15. XDC’s XDPoS 2.0 is expected to go live in Q1 2023. Ethereum Merge, the transition of the network from PoW to PoS consensus, is the biggest and the most significant upgrade in the crypto sector. The schedule for this upgrade is confirmed to commence on September 15 or even before it. Notably, the anticipation of this protocol upgrade increases as the date is nearing. On successful execution of ‘The Merge’, Ethereum will terminate the PoW consensus when its mainnet merges with the Beacon Chain. Beacon Chain is the parallel blockchain hosting the PoS consensus engine and coexists with the current Ethereum 1.0 since 2020. Despite being the second-largest blockchain hosting smart contracts and dApps, it struggles with scalability issues. It all boils down to a fundamental scaling problem. The proof-of-work paradigm makes the process of overcoming scalability issues more complex. Also, High costs and low throughput have been major barriers to any widespread use. Also, the major Ethereum mining community is not happy with the update as they have to switch to other PoW networks as they already have huge mining infrastructure investments around the mining ecosystem. To solve all the related issues, Ethereum had chosen to make this massive move of initiating the consensus makeover, Ethereum 2.0. Now more blockchain networks are coming forward with such upgrades and expanding their functionalities. XDC Network is one among them. The network is bringing up the implementation of the XDPoS 2.0 consensus upgrade. Upcoming XDPoS 2.0 Upgrade The XDPoS 2.0 will be implemented in the first quarter of 2023 after undergoing a whole year of beta testing. It is considered as a significant advancement within XDC Network and is by far the most complex upgrade since its inception. With this execution, XDC will switch from XDPoS 1.0 to XDPoS 2.0. The XDC Network is a longest-chain open-source network that uses the XDPoS 1.0 protocol. This version of the consensus protocol utilizes a combination of delegated proof of stake (DPoS) and proof of work (PoW) to validate the transactions and secure the network. Currently, XDPoS 2.0 is in the beta testing phase. Furthermore, the XDC Network addresses the scalability difficulties facing the Ethereum blockchain and other leading blockchain platforms. Cheap transaction costs and 2-second transaction confirmation times are made possible by the 108 Masternodes that comprise the XinFin Delegated Proof of Stake (XDPoS) consensus architecture that powers the XDC Network. Innovative techniques like double validation, smart contract staking, and straightforward randomization procedures provide safety, stability, and a trustless ledger. This upgrade will give the XDC Network military-grade security and performance while optimizing the network’s resource usage. Most importantly, this new protocol will slash the malicious nodes out from the XinFin network instantly after detection. This will thereby confer a strong governance system to the network. Also, it is completely backward-compatible in terms of APIs and is based on the most advanced Byzantine Fault Tolerance (BFT) protocol. Additionally, it is believed to open up space for the future expansion of the XDC Network.  

Sep 14, 2022 04:55

No GPU Mining After the Ethereum Merge? Fork Token or ETC to Mine?

According to Watcher Guru, we are only 12,554 away from the Ethereum Merge, which is expected to happen at 1:09 on September 15 (CST). By then, Ethereum will have transitioned to PoS, a major blow to PoW miners in the network. The Merge will force PoW miners that operate the $19 billion mining business to find alternatives. Source: https://watcher.guru/ethmerge Recent data shows that Ethereum miners are fleeing from the network. Right now, the average computing power of the whole Ethereum network stands at 854 TH/s. Trending downwards during the past week, the figure has dropped by about 19% from the peak in May. Ethereum’s massive PoW hashrate is of great significance to the entire crypto mining industry, and the ETH hashrate will shift to other PoW coins once Ethereum shifts to PoS, which may reshape the whole mining sector. Facing the impending transformation of the mining sector, Ethereum miners might exclude themselves from the shift to PoS by the Ethereum community to protect their own interests. From this perspective, PoW miners on Ethereum might root for a hard fork to preserve the existing PoW chain and generate a new coin. However, such a fork coin can be problematic in terms of risks and security. If Ethereum is forked, projects within today’s largest crypto ecosystem will have to make a choice. Meanwhile, multiple mainstream projects, covering the two stablecoin issuers Tether (USDT) and Circle (USDC), the oracle ChainLink, and the on-chain lending protocol Aave, have stated their support for the PoS chain. Without support from popular projects, the PoW chain will be worthless. Of course, some miners might choose to accept the reality and switch to ETC. The DAO hack split the Ethereum community into the ETH camp and the ETC camp. The two now differ in terms of algorithm, and ETH mining machines might need to go through firmware updates to become compatible with ETCHASH, the ETC mining algorithm. Despite that, there is no technical barrier between ETH and ETC, and it is cheap to switch from one to the other. As such, it is foreseeable that the ETC hashrate will soar after the Merge. In response to the current boom of ETC mining, many pools, including ViaBTC, have been offering mining benefits. Back in early September, ViaBTC Pool announced that it will terminate the pool’s PoW mining service and the revenue calculation of ETH when the TTD reaches a set threshold. The pool said that asset management functions such as ETH deposits & withdrawals and conversion, as well as ETH financial services that include hedging and loan, will remain available. It also recommended the ETC pool to miners who plan to continue with their PoW mining operations. To help miners switch to ETC mining, ViaBTC has partnered up with Bitdeer, a top mining service provider, and offered a major benefit: a free trial of the MiningOS firmware. All ViaBTC users can benefit from the six-month free trial of MiningOS, which will help miners minimize costs and maximize returns. Featuring simplicity, enhanced security, and high yields, MiningOS is an innovative firmware for GPU mining developed by the Bitdeer Group. The product is simple in that it allows miners to deploy their mining operation with one flash drive for downloading the image file, without having to go through the complicated code burning process. Backed by a top mining brand, MiningOS supports SSL connection and emphasizes security and privacy protection. Having been tested on a large number of GPU mining machines, MiningOS ranked second in terms of average revenue, and the figure is more than 2% higher than that of the second-place winner. Over time, the seemingly small difference will be translated into a substantial increase in revenue.   Join the event at https://minerplus.bitdeer.com/miningos Try out MiningOs for free: Click on the link or scan the QR code in the above picture to open the event page; Register and log in to your Bitdeer account; Install and deploy the MiningOS firmware; Contact customer service and apply for ViaBTC-exclusive benefits; Select ViaBTC Pool in the mining configuration; Enjoy the superior mining experience brought by MiningOS-enabled smart mining and hashrate boost. CPUs covered GTX 3070, GTX 3080, and GTX 1660s Target crypto ETC How to install MiningOS: You can click on the link below for the specific installation instructions or get help from customer service on the Bitdeer website: https://bdminerplus.zendesk.com/hc/en-us/articles/9876983152921-MiningOS-Installation-Tutorial About Bitdeer Bitdeer Group is the world’s leading provider of digital asset mining services. It was founded by Jihan Wu, a renowned pioneer in the cryptocurrency industry, along with Sequoia Capital, IDG and other well-known blockchain investment institutions. The group consists of two service platforms, “BITDEER” and “MinerPlus”, which provide a full range of mining services that include hashrate sharing and smart mining solutions. About ViaBTC ViaBTC, founded in May 2016, has provided professional, efficient, safe and stable cryptocurrency mining services for over one million users in 130+ countries/regions around the world, with a cumulative mining output value of tens of billions of dollars. As a world-leading, all-inclusive mining pool, it provides mining services for more than ten mainstream cryptocurrencies including BTC, LTC, ETC, etc. Backed by the one-stop, all-inclusive services spanning the mining pool, the exchange, and the wallet, ViaBTC is committed to offering global users more abundant supporting tools, stabler and more efficient mining services, and better product experiences.    Image by Nana Dua from Pixabay

Sep 09, 2022 04:45

Cardalonia Scores It’s First Exchange Listing, Set To Overtake Decentraland (MANA) and Sandbox (SAND) As $LONIA Token Holders Prepare For Land Presale

Cardalonia, an NFT-powered Play to earn Metaverse project building on the Cardano blockchain has announced the listing of it’s utility token $LONIA on P2PB2B, an Estonian-based cryptocurrency exchange and one of the top 100 exchanges by trading volume according to Coinmarketcap. The $LONIA token listing partnership with p2pb2b.com will enable trading of $LONIA tokens, the utility token of Cardalonia. LONIA token is available for trading on P2pb2b.com on the trading Pair LONIA/USDT, start trading below. $LONIA is the utility token of the Cardalonia Metaverse and will give holders multiple utilities like Staking Rewards, Ability to vote on Governance proposals and so much more. Holding $LONIA tokens will give Cardalonia users land presale whitelist access and passes to exclusive Cardalonia Avatar Clan drops and other NFT drops that will be exclusive to the Cardalonia ecosystem. Users who also have an active stake of 7000 LONIA in the staking vault will be whitelisted for the upcoming Cardalonia Land Presale. $LONIA Token Utility $LONIA Token holders can stake their LONIA tokens to enjoy 20% APY which can be boosted up to 25% with Cardalonia Land NFTs. Cardalonia is a virtual world where players can build, own and customize their own experiences on the Cardano Blockchain. Unlocking creativity in the Metaverse as you can Earn, create, socialize, play, trade and so much more, all in a virtual world.    

Aug 30, 2022 04:45

How L2 Networks Are Changing The World of NFTs

The past few years have seen NFTs explode onto the blockchain scene, progressing from a relatively unknown technology to one that’s been papered across the front pages of seemingly every crypto publication. Alongside the increase in both understanding and trading in NFTs, the global market has continued to rise, predicted to reach an incredible $122.43 billion by 2028. With the expansion of NFTs beyond just digital art, also integrating into Play2Earn blockchain gaming projects and metaverse creations, this digital medium is set for a dazzling future. While progress has been impressive within the world of NFTs, their increased popularity also comes with a fairly hefty downside – rising gas fees when processing transactions. The vast majority of NFTs are minted on Ethereum, with their ERC-721 being the industry standard for creating new non-fungible digital assets. Although Ethereum’s infrastructure provides a comprehensive ecosystem where users can create, distribute, and trade their acquired NFTs, the blockchain network itself has a notoriously low threshold for transactions per second, leading to high gas fees. While this was commonly understood as part of the territory when minting on Ethereum, the introduction of L2 networks promises to remedy this problem. With these developments, the longevity and sustainable growth of NFTs could be much more certain. In this article, we’ll explore the current state of the NFT market, touching on Ethereum’s gas fees and the role they play in NFT expansion. We’ll then turn to L2 networks and discuss exactly how the introduction of these technologies is set to change the industry for the better. Why Does Ethereum Have High Gas Fees? As a blockchain ecosystem, Ethereum boasts a range of advantages that have made it into the most popular chain for development. In fact, of the 4,073 dApps currently active, over 3,000 of them are developed on Ethereum, with the range of tools and developer playground that this system offers being perfect for building. Alongside creating applications, Ethereum has made a name for itself through its powerhouse selection of tokens, each offering a distinct function that lends itself to blockchain development. With the rigorousness of the Ethereum ecosystem, it’s no wonder that it’s become so popular. However, this popularity has also led to one of Ethereum’s weaknesses, its slow TPS speed, to start to impact the system. Coming in with around 15 transactions per second, Ethereum simply cannot keep up with its own popularity. When someone attempts to process a transaction, it joins a queue of other transactions, waiting until it’s at the front of the queue to then be processed onto the next block. To skip these queues and ensure an instant transaction, users have to pay a gas fee – a one-off payment that pushes their transaction data right to the front of the queue. Due to the astounding popularity of Ethereum, the queue is typically very long, with the gas fee required to push a transaction through averaging around $18. While $18 may already seem a high price to pay for simply processing a transaction, this is nothing to the May 1st high of $196.64. Although currently at a more stable lower figure, the range of gas fees which users must pay demonstrates the instability of Ethereum as a whole, with its own popularity being one of its central weaknesses. How Do Gas Fees Impact The World of NFTs? When a digital artist wants to create an NFT, they have to go through the process of minting their artwork. What this means is you take your digital file and transform it into a digital asset, storing its data on the blockchain and minting (printing or creating) it on an ETH-721 token. Once on the blockchain, you can then sell your digital asset through smart contracts. The process of minting an NFT requires that you process a transaction on Ethereum, needing your transaction to go through to create the digital asset. Of course, as with any transaction, this means a user would have to pay the gas fee to push their transaction through. When a digital artist wants to transform their digital artwork into NFTs, they must then pay a gas fee on every single piece that they want to sell. Unless the artist has a significant following and other buyers waiting to purchase their work, then the $18 gas fee could pose a major barrier to entry. Quite simply, if a NFT vendor can’t sell their piece for more than $18, then they’ve lost money. Even if they were able to sell for around $30, their margin is significantly dented by the gas fee. With this in mind, the barrier to entry within the world of NFTs is higher than it should be, with only artists that can afford to make an initial investment being able to list their digital assets on marketplaces. How Do Artists Sell Their NFTs? The first step when artists want to sell their art online is to sign up for a non-custodial online wallet. Digital wallets like Ambire allow users to add and collect funds into their accounts, acting as a highly-accessible location for any movements of crypto. Ambire has recently become a favorite within the NFT scene due to its announcement that it will allow users to prepay for gas fees to reduce their costs in a scheme known as Gas Tank. Once a user has set up their digital wallet, they can then turn to any major NFT marketplace to start listing, buying, and selling their art. As the world’s largest DeFi exchange, Binance NFT is typically the marketplace that artists go to when looking to distribute and exchange their art. Alongside having an enormous customer base that helps new artists to gain exposure, they also have a roster of exclusive partnerships and celebrities that actively engage with the platform. For example, Binance NFT has recently released an exclusive collection with Franck Muller, a Swiss luxury watchmaker, distributing NFTs of their watches onto the platform. Another recent headline has been Mike Tyson’s involvement in the Binance NFT space, releasing a Mystery Box NFT that users have been flocking to. With the huge financial and community backing behind Binance NFT, many artists will start their journey on this platform, minting their NFTs and selling them to the public through the easy-to-use site. Going beyond generalist marketplaces, some digital artists turn to more specific locations to sell themed art. For example, NFT artists that are interested in popular sports could go to a marketplace like Maincard, which focuses on NFT and other digital assets that revolve around major sports matches. Using specific mediums like this puts digital artists in contact with an audience that is actively seeking their content. As the world of NFTs continues to grow, we’re likely going to see many more of these specialist digital platforms emerge to support niche exploration. How Are L2 Networks Set to Shake Up the World of NFTs? Over recent months, Ethereum, as well as other major blockchain ecosystems, have been releasing news around various updates that they’re making, or are planning, for their networks. One of the main center points that encompasses Ethereum’s new 2.0 system is the inclusion of Layer 2 systems. Layer 2s are comprehensive extensions to L1, offering a range of additional features while being integrated into the central ecosystem. Unlike side-chains, L2 ecosystems use the same blockchain as their partners, ensuring a high-security assurance, as well as an easy bridging pathway between them. For example, Boba Network, integrates directly into Ethereum and aims to increase the total number of transactions that they can process per second. By providing Ethereum with the tools and speed it needs to scale its operations, the Ethereum network can then effectively reduce its gas fees. By integrating L2 ecosystems that focus on scalability into L1 systems, this action allows NFT creators to push their transactions through for a fraction of the total cost. With this in mind, both sellers and buyers of NFTs instantly gain access to cheaper prices. When minting an NFT, once L2 has been integrated, Ethereum users will have a tiny gas fee to pay, making the margin on any of their sales considerably larger in their favor. Equally, when users want to buy an NFT on a marketplace, they, too, have to pay a gas fee to register the transaction of them buying the asset. For those buying NFTs, the increased scalability that L2s bring to Ethereum will further drive accessibility. Instead of having to pay large fees every time they want to buy a certain NFT, they will only have to pay a smaller gas fee. The benefits to both buyer and seller within the world of NFTs will help to create a much more financially accessible space. While many like to focus on the most expensive NFT sales, with Christie’s auction house bringing in over $150 million worth of NFT sales in 2021, the reality is that most NFTs go for around $30. With margins suddenly being expanded by gas fees of only a few cents, both buyers and sellers are set to benefit greatly from this technological advancement. Final Thoughts Although NFTs have had a fairly upward trajectory over the past few years, the introduction of L2 networks will further facilitate growth in this field. As L2 networks provide a stronger foundation for leading blockchains like Ethereum, the scalability problem of blockchain will be effectively solved, increasing TPS and decreasing gas fees. For NFT creators that must process transactions to then sell their digital assets, the decrease in these fees will lower the financial bar of entry, allowing more people to get involved with NFTs. That’s not to mention the easier buying circumstances, with buyers having to pay less when wanting to transfer an asset into their digital wallet. With the arrival and vast integration of L2 networks into the world of NFTs, we’re likely to see a resurgence in their popularity, with NFTs set to shake up the world of blockchain over the next few years.      

Aug 30, 2022 04:45

Myria to Offer Myriad L2 Solutions in The Blockchain Gaming Space

Web3-gaming platform Myria has announced the launch of its Layer-2 scaling solution on the Ethereum network. Myria’s Layer-2 solution uses StarkWare’s Zero-Knowledge Rollups (or ZK-Rollups, for short), which bundles many transactions into one before executing on the Ethereum blockchain. As a result, Myria claims it can offer 9,000 transactions per second, which is significantly more than the Layer-1 rate on Ethereum, at 50 TPS. ZK-Rollups also decrease the costs associated with operating on Ethereum, and Myria claims it’s users will be able to mint, sell and buy NFTs with zero commission all while benefiting from the Ethereum’s security. Developers looking to create projects within the Myria ecosystem will be able to do so more easily with the Myria Developer Solution, which  takes an API-first approach — making interactions with Myria’s software development kits and set of REST APIs more effortless and straightforward. Developers may also benefit from Myria’s ZK-Rollup solution and launch their own NFT projects as blockchain games without having to code in complex blockchain languages, such as Solidity. Even before the Layer-2 solution, more than 100 projects had already applied Myria’s technology, due to its frictionless integration on the blockchain.   Our L2 has officially launched, meaning you can now mint your Alliance Sigils NFTs onto Myria L2! ??You must hold the Sigil NFT in your Myria wallet to be eligible for the upcoming free airdrop ?? Head to https://t.co/sq7a8GXwDd to mint! Guide here: https://t.co/xYpkk60RXJ pic.twitter.com/sRXKfZACiU — Myria (@Myria) August 27, 2022   NFT creators and collectors, as well as blockchain gamers, can create Myria wallets to interact with the ecosystem and enjoy the benefits of its new scaling solution. Myria claims to already have more than 1.2 million verified users on its platform. Brendan Duhamel, the cofounder of Myria, said: “We are incredibly fortunate to have such a strong community eager to join the Myria L2. With this launch, the team is very thrilled to see our vision finally come to life.” Duhamel went on to say in a press release: “We are incredibly excited to bring the industry this next step forward with what we’ve built. We see massive potential in the underlying technology we have built to support NFT scalability and we believe blockchain gaming will be the next big vertical for NFTs. This is why we have created NFT solutions purpose-built to serve game developers and game builders. We’re just getting started!” The team developers working on Myria includes more than 150 people who have come from legendary companies in both the gaming and blockchain industries — such as EA, Riot Games, Ubisoft, Chainlink, Blizzard Activision, BitMex, Tencent and more. This world-class talent brings to the table the best practices from the true pioneers of the industry. Some of the games that will be available on Myria include the soon-to-be-launched NFT and play-to-earn game “Moonville Farms,” which will be launched on top of the L2 solution. Sports fans may also be interested to play the first-ever play-and-earn game by legendary AB de Villiers, which was developed in partnership with Myria and hopes to open the world of blockchain gaming to billions of cricket fans from all over the world.   Image source: Myria  

Aug 29, 2022 04:45

SeedLaunch: new multi-chain launchpad features with broker support

Multi-chain launchpads are gaining more and more popularity among crypto entrepreneurs and investors, and all because they open up the possibility of conducting simultaneous token sales for coins created in different networks. While Ethereum and BSC remain the most popular networks, SeedLaunch, the new multi-chain launchpad created by Binance Hackathon winners, has decided to add the TON network as well. This decision was supported not only by the partners, but also by the project investors. How the fundraising platform will work and what unique features it will provide to its customers, we will consider below. The resurgence of crypto investing In 2021, crypto startups attracted a record amount of investments in the amount of $25.2 billion. This is more than in the last 7 years as a whole. And already in the first quarter of 2022, crypto startups managed to raise $9.2 billion, which is an all-time high, which exceeded the previous record (Q4 2021) by about $400 million. Since the beginning of the year, 461 deals have been made with cryptocurrency startups, which is 60 deals more than in the fourth quarter of 2021! Investments in crypto startups are divided as follows: Investments in startups in billions of dollars in the first quarter of 2022 | Source: CBInsights In other words, investments in crypto startups are divided systematically, and no matter what industry you work in, there is definitely money there. They just need to be received. Most startups try to attract investments directly from investment funds or banks, but this is quite problematic given the competition in the market. An alternative, but no less effective, is crowdfunding and crowdinvesting. It is these forms of investment that offer modern launchpads. Despite the fact that the crowdfunding market is developing rapidly, most popular launchpads still support up to 5 blockchains, which limits the possibilities for fundraising, both for investors and startups. A possible solution could be SeedLaunch, which has not only implemented a record number of networks, but also offers support for international brokers. About SeedLaunch SeedLaunch is the first multi-chain launchpad with support for international brokers, part of an ecosystem that includes a crowdfunding platform, a range of services for investors and startups, its own NFT marketplace and a collection of NFT tokens, as well as an SLT token. In addition, SeedLaunch is the first and so far the only launchpad with support for international brokers. What exactly is the nature of this partnership? Together with a team of brokerage companies, unique investment services will be implemented, such as a token futures platform, a rating of professional crypto managers who will help build a competent portfolio of traditional tokens and new projects emerging on IDO, as well as integration with other broker services. In addition to working together to create services, the top management of brokerage companies acts as project advisors and will help establish the international development of SeedLaunch. “Supporting professional licensed brokers will take crowdfunding to the next level and create new investment solutions for their clients, which will increase the flow of investments in startups. Our broker partners will be able to provide early access for their investors to coin and NFT token sales,” explains Andrey Pertsev, co-founder of Seedlaunch. Already today, ICE Markets, which is officially registered in Malaysia (Labuan) and operates in accordance with international law, acts as a partner-broker. This will create reliable collaborative services. SeedLaunch plans to increase the number of broker partners in order to provide access to all registered investors to participate in token and NFT token sales. SeedLaunch will provide a range of services for startups and investors. Here are just a few of them. SeedLaunch Foundation. Part of all site revenues are directed to a specially created investment fund, from which promising projects will be financed. The money can be directed to the incubation of the project or to other services necessary for the development of a startup and its entry into the market. Futures platform. Here, the resale of rights to tokens of IDO projects will be carried out. This means that token holders can assign their right to assets to other users or companies. NFT marketplace. A platform for selling both the project’s own NFT tokens and non-fungible tokens of other projects. The same platform can be used to organize airdrops. Services for community development. SeedLaunch will offer several startup tools to help grow the community, including airdrop platforms, giveaways, and more. Services for finding a team. A specialized platform where professionals can leave information about themselves, and startups and blockchain companies can find the right staff or performer for a specific task. Here you can find performers for any type of work: from the development of a smart contract to a marketing specialist and a community manager. According to the project team, SeedLaunch aims not only to attract funding to startups, but also to help at all stages of the company’s development. SeedLaunch will support TON To date, the SeedLaunch launchpad integrates blockchains such as BSC, Ethereum, Polygon, Cardano, Solana, and in the near future will pay special attention to the TON blockchain. This will expand the reach of startups that can use the services of the platform, as well as launch new crowdfunding opportunities for projects with the help of TON. “Our team is confident that TON has great prospects. The TON blockchain unites more than 1 million users from all over the world, and the project community already exceeds 2.5 million people,” said Petr Brekhov. NFT and STL token The SeedLaunch ecosystem includes several types of tokens. The native launchpad token is the SLT launched on the Binance Smart Chain blockchain. Having a token gives holders the following benefits: Early access to the purchase of NFTs and tokens of projects that conduct IDO, as well as increased allocation; Participation in SLT token staking will allow you to receive not only bonuses in SLT tokens, but also increase the rarity of NFT Seedlaunch, which will increase their value. The constant burning of tokens during transactions will create a deficit of the asset, and therefore have a positive effect on the growth of the price of the token. The SLT token will be implemented in all Seedlaunch services and added by partners to expand the ecosystem. DAO principles will allow token holders to vote for the listing of other projects on the site. Everyone will be able to purchase tokens during the public token sale. At the moment, only private and institutional investors can become token holders. “We are open to our users and promptly report on all company news. At the moment, we are negotiating with several launchpads, where we will hold a token sale. Now I can say one thing – we will sell SLT tokens on ZamPad, as well as on launchpads at centralized exchanges. Stay tuned for our news,” said Petr Brekhov, CEO of the project. The SeedLaunch ecosystem will also include an NFT marketplace and a unique NFT SplitFire collection featuring racing cars. The collection was created by renowned artist Alexei Rico (resident of Bang! Bang! Studio) who has worked with Epic Games, PlayStation, Esquire, Reebok and other major international companies. NFTs are created on the basis of the TON blockchain, which has become widespread among users. The Seedlaunch collection will be available for purchase to all Telegram users. “According to the roadmap of our project, we plan to expand support for blockchain networks (BSC, Ethereum) using cross-chain technologies. This will increase the popularity of the NFT collection, as well as provide an opportunity to store NFTs in a user-friendly network,” said Petr Brekhov. The tokens will differ in the level of pumping and epicness, as well as provide their holders with a different set of services: from staking to early access to the purchase of startup tokens. Conclusions SeedLaunch has every chance to become a leader in the launchpad market, as it has strong support from partners and brokers, and also offers unique services for the development of promising startups. The company will soon hold its own NFT and SLT token sale. You can follow SeedLaunch news on the website.    

Your Crypto Gateway

Claim 1,000
Free WCG Coins

World Crypto Global opens the door to digital freedom for everyone.
Manage your free WCG Coins securely—where simplicity meets global accessibility.

11 bn

FREE CRYPTO COINS

8.9 bn

AVAILABLE FOR RESERVATION

2.1 bn+

ALREADY ALLOCATED

× WCG Coin

🎉 Get 1,000 WCG Coins

No fees. No catch. Your crypto journey starts here.