Category: Company News

The native token of Verasity, $VRA, was listed on Crypto.com today March 9, 2022. This marks the token’s availability on five of the top ten cryptocurrency exchanges that have a combined daily trading volume of over $13 billion. It includes Crypto.com, Huobi, KuCoin, Gate.io, and Bithumb. The $VRA token is available for trading against all major fiat currencies, besides cryptocurrencies like Bitcoin (BTC), Cronos (CRO), and Ethereum (ETH).

The news about the Crypto.com listing comes after Verasity secured exclusive hosting rights of Axie Infinity’s GalAxie Cup 2022, and that, too, for the second time in a row.

Talking about the progress that Verasity has made in terms of increasing adoption of its native token, $VRA, RJ Mark, CEO of Verasity, said:

“Once again, we prove that we are relentlessly pursuing real-world adoption for $VRA and integration with the leading exchanges and service providers in the blockchain industry.”

He further added, “we are pleased to have passed Crypto.com’s exacting due diligence standards, and we are looking forward to welcoming a new wave of $VRA supporters who join us from the Crypto.com community.”

What is Crypto.com?

Based in Singapore, Crypto.com is one of the major exchanges in the global crypto industry today, with over ten million users and counting. Not only by the user base, but Crypto.com is also among the largest cryptocurrency exchanges in terms of daily trading volume, which was over $3.9 billion at the time of writing.

The listing of Verasity’s native token $VRA on Crypto.com opens new avenues for its users due to the direct fiat off-ramp feature, as it makes way for real-world purchases with $VRA tokens. All a user will require here is a Crypto.com Visa debit card to spend their $VRA tokens to make real-world purchases from both online and offline routes.

What is Verasity?

For the uninitiated, Verasity is a blockchain-based esports and digital content platform. Besides, it leverages its patented Proof of View technology to tackle fraud which is a major cause of concern in the online ads space and NFTs. When it comes to eSports, Verasity aims to bring world-class quality content to its users with cutting-edge blockchain technological capabilities.

 

 

 

QMALL keeps going strong and surprises its customers with a rather pleasant announcement as it’ll be soon receiving a license in Europe.

The exchange created by Mykola Udianskyi and Bohdan Prylepa in 2021 has already proven itself as a top exchange worldwide with over 100k users already partaking in it.

On top of its already crushing global success, by the end of March, QMALL will head to Sophia Antipolis, the French analogue of Silicon Valley, where the largest Launchpad for European projects will be set in place by QMALL.

Launchpads are platforms for launching cryptocurrency projects and a trend that has been rather prominent in the crypto sphere recently. By purchasing the project’s digital assets at its earliest stages, investors can potentially earn tons of money. In this particular sphere, since earnings have no real limit, when a project is truly successful investors see their invested sum grow hundredfold.

According to the QMALL team, new projects will see the light of day through this Launchpad every week. This process will effectively promote startups and business launching, because for once, people will have enough chances to get started and not be stuck in a loop of “apply but there’s not enough spots.”

The launchpad is bound to bring with it a lot of growth potential and open up opportunities for those in need, it’s the key that many couldn’t previously afford but can now finally grasp. On top of that, since a European license will be given to QMALL and it’ll be moving to France, the team has also announced the launch of a trading pair with the euro. It’s quite safe to assume that there will be a significant increase in the price of the QMALL Token seeing how many things are about to come in place in the near future.

QMALL and Its Products

QMALL creates innovative products that make the process of paying and accounting for cash and non-cash payments simple and convenient. Thanks to its features and innovative ideas, QMALL has reached the top and became the first in its niche. Millions of users of the exchange are there for the convenience and reliability of its products. QMALL aims to become the very first cryptocurrency exchange to launch its own metaverse. The digital world knows no limits and the metaverse goes perfectly well with digital assets, it only makes sense doesn’t it?

QMALL’s Benefits

Low fees: the specific amount depends on a number of factors, in particular, on the trading pair, the volume of transactions, etc., and ranges from 0 to 0.5%. Depending on the currency, commissions for deposits and withdrawals can vary from 0 to 2%.

Security:  QMALL uses automatic DDoS protection, creates daily backups, and makes it so that two-factor authentication (2FA) is a mandatory security requirement for clients. On top of that, 98% of the funds’ storage is carried out in a “cold” way. In other terms, QMALL keeps its customers’ assets offline.

Modern trading tools: QMALL not only offers a wide range of tools that would typically be necessary for an experienced trader, such as advanced charts, but is also perfectly adapted to the needs of beginners by maximizing convenience, simplicity, and clarity.

A study from Chainalysis shows crypto adoption has risen by 880% in 2021, and it is only set to grow further. The mass adoption of crypto has become a matter of “when” and not “if”. Just as with the early days of the internet, or computers, businesses are a particularly important constituent in the adoption of any new technology. However, with the tremendous growth rate that the industry is witnessing, particularly with DeFi, a seamless experience for businesses to do their invoicing, accounting, and other financial operations in crypto is long overdue.

Enter Request Finance, a crypto finance management platform that is set to change the course of B2B crypto payments by simplifying financial operations for crypto companies, often managing teams of freelancers working remotely around the world. Its vision is to support a future financial system where crypto assets become a norm in our economies.

Accounting is the lifeblood of businesses. Preserving and managing meticulous records of payslips, bills, invoices and records are crucial to keeping a regular check of cash flow, cutting down on redundant expenses, and keeping tabs on all upcoming and pending payments.

Request Finance, from Request Labs, is building an integrated suite of financial tools eventually to help traditional businesses, individuals, decentralized autonomous organizations (DAOs), metaverse projects, freelancers, and other upcoming crypto-native organizations to easily work with crypto assets to manage salaries, pay suppliers, and more.

A Peek into Request Finance — Origin and Vision

Request Finance was formally launched at the beginning of 2021 with the goal of transforming financial operations for enterprises in a new decentralized economy. Since its inception, Request Finance has been building tools using the Request Protocol to enable businesses and individuals alike to send and pay invoices for cryptocurrencies with ease.

The platform lets users track their crypto transactions, and manage payments, expenses, and payroll in a non-custodial manner while ensuring a seamless user experience. The venture aims to deliver products that are free from security threats, enable compliance with tax and accounting regulations, and make them as user-friendly and simple as possible.

The platform is said to have acquired a user base of over 1000+ businesses including major blockchain projects such as AAVE, The Sandbox, Paraswap, and MakerDAO.

Fixing Financial Operations in Crypto

Request Finance’s core products include Crypto Invoicing, Expenses, and Payroll, and Accounting.

With crypto invoicing, users have access to a clean, visual dashboard displaying the current status of all invoices, allowing them to pay hundreds of crypto invoices with a few clicks. It is also compatible with a range of accounting tools like Xero and Quickbooks, and simplifies bookkeeping by automating the generation, scheduling, and settlement of crypto invoices. The payer is charged 0.1% on all transactions with a ceiling of USD 2 per transaction besides the network fee.

Request Finance’s payment mechanism is compatible with several popular cryptocurrency wallets, including MetaMask, Fortmatic, and other wallets that support WalletConnect, including multi-signature wallets like Gnosis Safe. Further, the app’s distinguishing features, such as real-time status updates, payer reputation, and escrow ensure that users enjoy a secure and anxiety-free experience.

Users can manage and track the status of invoices issued through Request’s platform, schedule invoices, highlight delayed and unpaid invoices, and influence the payer’s reputational score. Being on-chain, the platform also features automatic verification of on-chain invoice payments thereby eliminating the administrative hassle of sending follow-up emails.

Another financial tool that Request offers is crypto payroll software, which is currently in beta. This tool will allow users to automate payroll management in cryptocurrency. Users can generate compliant payslips and pay them in crypto with the click of a button. With an increasing number of blockchain ventures and DAOs remunerating their partners and employees in tokens and crypto assets, the payroll offering is set to enable a smooth employer-employee relationship. This also has the potential of ensuring proper labor and HR relations in organizations.

Moreover, Request Expenses is an expense management tool that can be used by businesses to manage employees’ expenses, reimbursements and pay them in crypto. While it is currently in the beta testing stage, it has already been used by the team for some time, and is set to launch in the next quarter. Users that would like to test the feature sooner can enroll in their beta program.

Users can also connect Request to accounting software like Xero or Quickbooks and reconcile all transactions in crypto with their general ledger for easy bookkeeping. With this, Request seeks to increase accounting efficiency and reduce the time and labor cost involved in managing crypto payments for businesses.

What Lies Ahead for Request Finance?

As more businesses foray into blockchain and Web3, the use of cryptocurrency and digital assets in enterprises will only grow. Request Finance aspires to meet the needs of increasingly crypto-native businesses and their remote-first workforce by making it simple and easy to manage their crypto-financial operations. With Request, businesses can automate auditing, salary and loan requests, payroll, and expenses among others. The end goal of Request Finance is to become a hub for all enterprise crypto-financial operations and overcome the clunky interfaces all too common in Web 3.0 today.

About a year ago, WhitePay was founded in Ukraine, which creates a cryptocurrency POS solution for business. They had big and great plans, but Russian aggression broke not only their plans but the dreams and lives of all Ukrainians.

Many corrupt pro-Russian media are engaged in propaganda and brainwashing. They are involved in disinformation of the population and brazenly lie that Russia doesn’t attack Ukraine, doesn’t kill civilians, and doesn’t destroy our homes. It’s all a lie – yes, it’s warring in Ukraine.

The Ukrainian army, territorial defense and ordinary citizens are heroically fighting the Russian occupiers and will continue to do so until all Russian invaders will go away from our country. Ukrainians are people fighting on the streets, defending our land, and supporting each other.

WhitePay donation platform

From the beginning of the war that Russia started against Ukraine, the WhitePay team launched a donation campaign in crypto, and we will transfer all money to those who need help. They accept all donations in cryptocurrency, quickly convert them into hryvnias and transfer them to the official IBAN of Armed Forces of Ukraine in the Ukrainian National Bank and volunteers.

Thanks to the joint efforts and people’s responsiveness, they have already raised and transferred more than 2 million USDT.

On WhitePay platform, you can donate money to such organizations:

• Ukrainian Army: while the army of Ukraine has been successful at pushing back Russian forces, you can support Ukrainian soldiers financially and donate money to help the Armed Forces of Ukraine.
• Ukraine Ministry of Health: a large number of Ukrainian military and civilians have suffered from military aggression, so they need medical assistance;
• Humanitarian aid: many civilians in Ukraine have lost their homes and require food, gasoline, and other essentials.

The number of donations increases every day, and we are very grateful to those who help us and Ukraine in these difficult and dark times.

In more detail, the WhitePay fund has raised such amount for different organizations to help Ukraine:

• Total amount – 1 264 562 USD
• Transferred to help the Ukrainian Army – 831 948 USD
• Transferred to help the Ukraine Ministry of Health – 166 389 USD
• Transferred to help the Territorial Defense ­– 232 945 USD

How you can help

Only by joint efforts, this war may be over, and a peaceful sky is everything we dreamed of!

Follow the links and send cryptocurrency to the Armed Forces Assistance Fund. Any crypto will be converted to UAH and transferred to the official IBAN of Armed Forces of Ukraine in the Ukrainian National Bank and volunteers.

Ways to support Ukraine:

• Assistance to the Armed Forces: https://zsu.pay.whitepay.com/
• Assistance to the refugees and people that stayed in the cities: https://moz.pay.whitepay.com/
• Humanitarian aid: https://whitebit.pay.whitepay.com/

 

Image: Pixabay

Cake DeFi seeks to strengthen its position in the DeFi and Web3 world. The team will invest up to $100 million into startups and promising projects through its new corporate venture arm. It is a substantial move by the regulated global fintech platform, confirming the need for better industry infrastructure.

Cake DeFi Goes The Extra Mile

Getting more people into the cryptocurrency fold remains one of the biggest industry channels. Yet, despite growing mainstream and institutional interest, decentralized finance and Web3 remain in the early stages of development. The Cake DeFi team makes both verticals more accessible by focusing on a streamlined user experience without unnecessary bells and whistles.

The Cake DeFi platform makes decentralized finance products and services straightforward to use. Moreover, users can achieve high returns regardless of their expertise or technical knowledge. Users can start their crypto journey as a novice or build a strong portfolio as an existing crypto enthusiast. Additionally, there are options to earn free crypto by going through educational content and short quizzes.

Numbers-wise, Cake DeFi paid out $230 million in rewards to its users throughout 2021. Moreover, customer assets were grown by 6x on average, ensuring users receive a healthy return on their committed funds. The team intends to pay out $400 million in customer rewards by late 2022, although that number may rise to $1 billion.

The approach by Cake DeFi has ensured the project has over $1 billion in managed assets. The platform has over half a million registered users and notes growth month-over-month. Its newly launched Cake DeFi Ventures marks a crucial milestone for the project. The $100 million venture arm wants to fuel growth across tech firms focused on Web3, gaming, and fintech.

The Cake DeFi Ventures Approach

Global interest in Web3 and Metaverse technology continues to accelerate. Blurring the line between the real and virtual worlds creates many new opportunities. Users can feel empowered, whereas advertising efforts will differ from how they are perceived today. However, that can only occur if the necessary infrastructure is in place. Additionally, there need to be sufficient payment providers exploring opportunities across these verticals.

Cake DeFi Ventures will invest in companies building for Web3, the metaverse, NFTs, gaming, eSports, and fintech. The Cake DeFi Ventures headquarters are located in Singapore, but the team intends to explore global investment opportunities across startups. All portfolio companies under the CDV banner will receive support from Cake DeFi and can access its suite of products, connections, users, resources, and expertise.

Cake DeFi Co-founder and CEO Julian Hosp adds:

“By launching Cake DeFi Ventures, we strive towards bringing cryptocurrency and blockchain capabilities to the world. With Cake’s current status as Singapore’s and Southeast Asia’s fastest-growing platform, projects which we invest in can expect to receive strong support scaling globally.”

Any project or team can contact the CDV team to apply for funding. The team will review every project carefully before determining whether it is put on the shortlist. Cake DeFi Ventures is also open to working with VC firms or investment funds to explore co-investment opportunities. Initiatives like these paint a bright outlook for the Web3 industry and the various verticals that exist under this label.

 

 

The global cryptocurrency market is gradually moving away from the pluralist model of multi asset interaction and is starting to become more centric, revolving around an established and highly capitalized hub of recognized and applicable cryptocurrencies. With the utility token having proven its inability to act as a store of value, the coins and stablecoins are turning into the hub of investment and capital activity on the market. The likes of Bitcoin, Ethereum and USDT Tether are currently holding the position of said hub, with the multiple other altcoins acting as the spokes, revolving around the mainstays, affected by their price movements and developments.

Stablecoins have received considerable traction over the last couple of years in light of the many events that have shaken the foundation of the global economy and undermined the reliability of many global fiat currencies. With fiat devaluing and losing its qualities as a store of value against the background of mounting geopolitical tension and rising inflation, the stablecoin is taking on the mantle of a haven for storing accumulated value and savings in an immutable fashion on the blockchain.

However, the stablecoin market is considerably overheated. The main problem is the presence of a single dominating stablecoin – Tether, which is a systematic risk for the entire industry. Statistics indicate that Tether constitutes 65% of daily trading volumes of all stable tokens, standing at over $155 billion. The world’s largest stablecoin is not very stable, as a Small Taiwanese bank that is fully controlled by Tether Ltd Caribbean Bank is used to store all of its US Dollar reserves. The legal tribulations around Tether go much deeper, as Tether paid an $18 million fine to settle NYAG cryptocurrency cover-up charges. It has also been accused of having no direct connection between the custodian bank and its infrastructure and distributed ledger. With its fully manual issuance of tokens, the system is completely dependent on the reliability of its staff. The latter factor casts serious risks of fraud on Tether, as any misuse on the [art of the administrators would potentially result in the additional issuance or burning of the coins.

The inherent weakness of a legal status of Tether extends to the lack of rigorous KYC/AML procedures leading to a systematic risk for the stablecoin and its custodian, including risk of reserve funds blocking. So far Tether has defaulted on many promises to deliver transparent audits, as publicly available data suggests that the token is 49% backed by unspecified commercial papers.

Such risks compile and undermine both the integrity of Tether as a reliable stablecoin and result in significant risks for those relying on it as a secure store of value for their savings and as a trading instrument.

The solution lies in the creation of a truly reliable and credibly backed stablecoin that would be able to offer its holders an undisputed degree of transparency and integrity as a digital currency retaining value on the basis of the inherent qualities of the blockchain. The AAD project is creating such a solution in the form of digital cash — stable and liquid as fiat money, boundless and immutable as cryptocurrency – the world’s first digital cash built right.

The AAD project intends to maintain all of its reserves in a Swiss bank with Cryptographic Proof of Reserve backing. The merger of real-world finance and decentralization means that the coins may not be issued, or burned without the approving cryptographic signatures of AAD and the repository Bank, thus confirming that the account balance has been changed. All AAD coins will be maintained at a 1 to 1 ratio in US Dollars deposited on the reserve account and coins in circulation.

The underlying Cryptographic Proof of Intent algorithm means that the coins are issued or retired only in case of the corresponding intent registered by a customer on a public blockchain. The 1 to 1 intent-issue amount and intent-burn amount ratio is cryptographically verified, meaning that issuance without reserve and retirement without withdrawal is impossible due to cryptographic restrictions.

Application of mandatory KYC and AML procedures will add a much-needed layer of security and legality to the AAD stablecoin, as all new clients will be obliged to pass it prior to the purchase or sale of any tokens. A progressive legal framework set in Zug, Switzerland, supervised by Swiss authorities will complement the basis of the AAD infrastructure built on the Ethereum blockchain and its scaling to other major DeFi platforms.

As the world’s first digital cash built right, AAD will launch a strategic initiative aimed at achieving listing on the most prominent global exchanges, thus becoming available for the broader crypto community. AAD will move towards becoming an enabling technology for payment systems, remittance payment solutions, e-commerce platforms and other value exchange systems.

Considering that the main users of Tether are exchanges, arbitrage traders and members of the crypto community, AAD intends to develop a solution that will cater to all layers of the decentralized market audience, thus providing them with a reliable and credible stablecoin. The project will ensure that all the fundamental problems of the stablecoin market are addressed, while rapidly gaining traction and broad adoption within both the crypto and fiat domains. By combining excellent technical expertise, partnership with a Swiss bank and full transparency on the basis of impeccable Swiss regulation, AAD intends to become the go-to stablecoin solution on the market.

The tokenomic model of the AAD project is based on the mechanism of generating revenue from commissions for each transaction carried out with the use of the AAD token. The commission is paid in AAD tokens at a fixed rate of 0.2% per transaction. The AAD project’s business development team will be fully focused on promoting the token as a means of payments in the e-commerce retail sector, while attracting active market traders who are currently largely exposed to Tether. With the annual turnover of stablecoins in 2021 on-chain standing at $2.5 trillion, AAD foresees that the introduction of its solution and its integration into such off-ramp systems of Visa and Mastercard as a means of payment will result in an immediately addressable market of around $20 trillion.

The AAD project development team also foresees considerable demand from groups that perform arbitrage trades between exchanges. The basis of AAD as a secure, transparent and liquid means of payment shall attract more retail users and new entrants into the decentralized assets market seeking reliable value storage instruments.

The ultimate goal of AAD is to become a means of exchange for payment systems, empowering developers from across the globe to build their payment solutions with AAD at its core.

There is immense verifiable demand for stablecoins, however, related projects currently operating on the market have provable design flaws, which have led to explicit technical and credibility issues, including investigations, legal actions, over issuance of coins, and others. A true stablecoin has to consist of a combination of unique blockchain characteristics, such as immutability, a lack of intermediaries, instant settlements, and fiat stability, while maintaining the functionality of a store value and a means of payment.

The AAD project has combined all the necessary elements to build a true stablecoin relying on a recognized legal framework, a competent team with extensive professional experience, a Swiss banking partner, and legal supervision. The given factors, and the existing market makeup give the AAD project the necessary bedrock to develop and scale in an aggressive fashion that will attract investor involvement and bootstrap user engagement.

LINK:

Site: https://aadollar.ch/

Twitter: https://twitter.com/aad_token
Telegram channel: https://t.me/aad_official
Telegram community: https://t.me/aadtoken_channel

 

According to a report by wax, 75% of online gamers want to exchange virtual assets for a currency that they can use on other platforms and in real life.

In the past, players could only play online games for the fun of it; there was no way for them to convert that thrill to ‘earnings.’ The virtual world (that includes games) was utterly distant from the physical world.

Cryptocurrency has become a ‘game changer’ in recent years, creating an avenue for players to collect and trade the collectibles they’ve earned while playing games, and has ushered in a new era in the gaming industry widely referred to as GameFi. In this article, we would look at The Wasted Lands, a blockchain-based metaverse game set in the post-apocalyptic world,and how it intends to propel the GameFi industry with its recent listing on Kucoin amongst other things.

The Wasted Lands Gaming Metaverse

The Wasted Lands is a pioneer sci-fi game to integrate multiple exciting gaming elements into its role-playing gameplay within a post-apocalyptic metaverse, The Wasted-Verse. With distinctive gaming features revolving around its metaverse ecosystem such as Match 3 Puzzle RPG, Racing and Shelter Building game, The Wasted Lands is fully equipped to provide an engaging player experience.

The Wasted-verse’s avatar NFTs collection allows players to morph into their own unique game personas and start exploring this fantasy world, which further enhances their immersion in the game.

The Wasted Lands will be one of the first blockchain games to be listed on Apple App Store and Google Play Store. The game will be made available for download on these platforms starting from around mid-March.

$WAL, Native Token Of The Wasted Lands Gets Listed On Kucoin

The Wasted Lands announces its Kucoin listing after raising $3 million in Funding Rounds and reaching over $2 million in NFT Sales. Its gaming $WAL token is now available to trade on one of the world’s top cryptocurrency exchanges, KuCoin, as of 7 Mar 2022, 10:00 UTC.  KuCoin is a global cryptocurrency exchange for numerous digital assets and cryptocurrencies. Launched in September 2017, KuCoin has grown to become one of the most popular crypto exchanges with over 10 million users active across 207 countries. The exchange houses over 600 digital assets and 1100+ trading pairs. Currently, the platform offers P2P fiat trading, staking, spot trading, lending, crypto derivatives and margin trading.

The launch of the $WAL token on Kucoin is an important step in The Wasted Lands’ effort to boost the game’s visibility among the GameFi community and Play-to-earn enthusiasts.

Alpha Testing Program

After a successful Alpha Testing with over 2,000 players, The Wasted Lands team has improved the game, creating a more seamless game play experience, all thanks to user contributions. To show the team’s gratitude and appreciation, a total prize worth of $60K was awarded to 1,000 of their valued contributors.  The Wasted Lands’ presence continues to resonate among major gaming guilds in the community, including YGGSEA, GGG, MGG, AGU, Avocado and Polkastarter Gaming, etc. The game is also getting positive reviews from various gamers from the West like BHS, Coin Muhn, Crypto Knowledge Tamil, Crypto Rank,… to the East like GTA, Crypto Ryan, AnhReview, Modern Mulan,… To date, more than 15,000 scholars have registered to play the game, while the trade volume warrior on the marketplace has surpassed 1,000 BNB.

Its first ever PvP season is expected to take place on March 15. Soon enough, players will be able to join the official version of the game on iOS, Android and Desktop with the chance to win a total prize of $500.000 from this first PvP season.

Being a highly anticipated and promising project, The Wasted Lands differs from other conventional games by its captivating world and story of the post-apocalypse coupled with the exciting and diverse gameplay. Through the partnership with Kucoin and their other trusted partners, The Wasted Lands is set to position itself as one of the leading metaverse games.

For more information on The Wasted Lands, visit

• Website: https://thewastedlands.io
• White-paper: https://thewastedlands.io/white-paper
• Discord: https://discord.com/invite/thewastedlands
• Twitter: https://twitter.com/thewastedlands
• Telegram: https://t.me/TheWastedLands

ARPA, a security-oriented and privacy-preserving computation network, partnered with Quantum Music, an online marketplace aimed at the $30 billion Asian influencer economy. Thanks to the partnership, Quantum Music will leverage the Web 3.0 and metaverse trends while bringing mass adoption to ARPA’s platform.

Quantum Music provides an online marketplace that connects influencers with brands. It has grown at an impressive pace thanks to the rapid expansion of an influencer culture on social media networks like TikTok. More than 300 influencers have joined the Quantum ecosystem, which now boasts a 70+ million follower base – eight times higher than at the beginning of 2021. Quantum Music is the platform of choice for Asian influencers who want to increase their visibility and boost their fan base to earn extra income. On the other side, brands can improve their precision marketing efforts by hiring influencers for various campaigns.

The partnership with ARPA comes at a time when Quantum Music plans to go beyond its traditional Asian market and adopt innovative technologies, such as blockchain, metaverse, and non-fungible tokens (NFTs).

Quantum Music co-founder and CEO Quan Zhang commented on the partnership:

“I have a Ph.D. in Physics, and innovation is in our company’s DNA. We want to explore experiments in the Metaverse and NFT space with a strong partner like ARPA.”

Quantum Music is focused mostly on micro-influencers, and many of them find it difficult to leverage innovative technologies to their advantage, as the resources have been unevenly distributed among creators. Zhang explained:

“Web3.0 is likely to change the game for micro-influencers drastically. We want to better help these micro-influencers build and capitalize on their true fans with the power of cutting-edge technologies, such as blockchain.”

How Will ARPA Help Quantum Music?

ARPA provides secure computation capability as an off-chain solution that is compatible with most Layer-1 blockchains. For clients looking to implement Web 3.0 solutions, it offers its verifiable random number generator (RNG) known as Randcast. It represents a verifiable, decentralized, low-cost, high-efficiency random number generator designed to empower the creators of the metaverse.

Randomness is an essential element for providing users with a more trustworthy experience. For example, it helps blockchain and Web 3.0 developers and users to generate digital signatures, public and private keys, and block hashes. Elsewhere, online games rely on randomness to make sure that players have a fair chance at winning. The need for pure randomness becomes even more evident in the metaverse.

ARPA co-founder Yemu Xu explained:

“We believe it’ll be a win-win. Quantum Music will set its foot on the Web3.0 wonderland using the best-in-class RNG tool to ensure the fairness of their future tokenized assets. At the same time, Randcast will empower Quantum Music’s global fan base that’ll provide adequate feedback for future iteration from a big sample capacity.”

Quantum Music Raises Funds on Republic

The partnership with ARPA comes after Quantum Music secured a $1 million investment in a seed round. Now it is conducting a public fundraising campaign on Republic, a blockchain-oriented investment platform that helps startups raise funds from communities and institutional investors. Besides regular investors contributing via Republic, the platform secured funds from big names like Chris Bordeaux, who is managing director of LFG Ventures – a venture capital firm with exposure in SpaceX, Bitcoin, Kraken, and BlockFi, among others.

For Quantum Music, this is also an opportunity to promote its online marketplace to the Republic community, which comprises over 1.5 million investors. As of the beginning of March, Quantum Music raised over $68,000, which exceeds the minimum goal by 270%, suggesting positive feedback from the community.

The Republic community is confident in Quantum Music’s future, especially judging by its current growth rate. The platform had a record year in 2021, with the aggregate number of followers to its affiliated influencers exceeding 70 million at the end of December, while total revenue surged 100% year-on-year.

Also, Quantum Music founders have deep experience in consulting, venture capital, and content creation.

Zhang said in an interview with Republic:

“The opportunity of the influencer economy is enormous globally, and the pandemic has expedited its growth. With the ongoing Web 3.0 evolution, I expect the influencer economy to continue rapidly expanding. Thus, at Quantum Music, our current priority is to capture a bigger slice of the new pie baked each year instead of getting too bogged down in competition.”

In the future, Quantum Music is ready to deploy fan tokens and NFTs, which will likely accelerate adoption.

 

Image: Pixabay

Every so often, an artist comes along with work that leverages culture so well that it captivates masses of people on an emotional level. The art world has seen it many times – consider the notoriety of Banksy, or Andy Warhol. Banksy’s stencil graffiti often depicted the lives of working people and their relationship with consumerism. What could be more relatable than that in our modern times? In the early 60’s, Andy Warhol famously produced 32 canvases, each home to a screen-printed painting of a variety of Campbell’s canned soup which the brand was offering at the time. With the recent rise of NFTs, it seems that Warhol was ahead of his time. The idea of 32 images of soup cans with varying characteristics being minted onto the blockchain as an Opensea Collection doesn’t sound so far from what Warhol actually created back in the 1960s.

Artists today who possess this understanding of how people relate to the artwork through common, everyday images have the potential to significantly impact the modern art world, and particularly the world of NFTs. One such artist is Gal Yosef, who did exactly this when he posted a raw and re-imagined 3D design of well-loved cartoon character Donald Duck to his Instagram back in 2020.

Ever since then, a marvelous career has unfolded for the young artist, becoming the youngest artist ever to sign with the Eden Gallery, an international high-end art gallery representing a selection of artists from all over the world. This early work not only spoke to a generation who had a love of nostalgic childhood characters but also reflected a pervasive love of money and luxury items in Millennial pop culture.

Collectors from all over the world began buying Gal’s physical artworks, eventually going on to create a 1/1 NFT collaboration with DJ Steve Aoki that was auctioned at Sotheby’s, selling for $214,000. Yosef then ventured to create his own Meta Eagle Club collection, which then sold out immediately, for 4,200 ETH, which was worth around $13.5 million at the time. with the community in uproar requesting for more of his artwork, and the secondary market prices now trading at $10 million in volume on opensea.

Deep Motivations

Digital art and 3D sculpting are vast subjects to master – but Gal’s childhood lends itself as a testimony that he had the passion required to acquire his incredible artistic skills.

“I would build a fantasy world from toys and action figures. I never liked Minimalism. I liked big worlds filled with life and characters. My favourite movie was Toy Story, I would watch it every day. You could say that I became a 3D artist because of Toy Story.” – Gal Yosef

Gal Yosef was intrigued by Disney and Pixar from a young age, eventually beginning his journey in animation and digital design at the age of 12. Largely self-taught, he mastered software such as Maya 3D Design with the help of tutorials on YouTube. 3D artists like Yosef do both the sculpting and the painting entirely in the digital realm. Although this new generation of art is predominantly used for films and gaming, it is fascinating that Yosef chose not to use his skills for these industries.

“I’m not working on deadlines for my artworks, I don’t have any limits and even if it will take years for each artwork, I’ll finish it only when I’ll feel that it’s perfect and my idea is clear.”- Gal Yosef, Interview with Vogue

A Creative Transition Into the Metaverse

Gal went from being a curious child who physically built elements of fictionalized worlds from pieces of plants and stones that he found outside his home, to achieving massive success in the jungle of the art world with Eden Gallery. Today, he is making a new transition – from art galleries to the metaverse. Web3 has given Yosef the opportunity to go beyond making work based around childhood characters, by providing the infrastructure needed for him to build his own world. “Meta Eagle Club” is his first installment of a series of his own unique collections – making up a digital art world called Galyverse.

“I was searching for a character that could help portray a charismatic avatar, but also one that’s warm and inspiring to others. Depicted as a symbol of freedom in so many different cultures, Eagles also represent the strong and brave-hearted. Working on the wings and feathers allowed me to soar and explore new heights in 3D art.” – Gal Yosef, Galyverse

For the first time, this is an NFT project from Yosef in which he is both the artist and founder of the project, alongside RNSNC (“Renaissance”) – an NFT studio with the goal of connecting art, tech and luxury.

A Plan To Bring Future Value

A famous quote often misattributed to Andy Warhol is, “In the future, everyone will be world-famous for 15 minutes.” Ironically, critics of NFTs often knock the new decentralized economy as being short-lived, as the quote could now suggest. However, the inherent value of Gal Yosef’s metaverse project does not stop with its artistic quality, but it also extends into its community. Meta Eagle Club looks ahead to how it will bring value in the future in its unique roadmap, or as it’s named within the project, “Flight Path”. Amazingly, Galyverse aims to provide flight experiences of many kinds for its collectors, such as jet and hot air balloon flights, invitations to parties in the US and around the world, as well as opportunities to get physical Gal Yosef artwork. The project will even be donating $100,000 for the protection of eagles.

To learn more about Gal Yosef, Meta Eagle Club, and Galyverse, go to galyverse.io . To view the full collection of meta eagles, you could look at the collection over at opensea.

Albert Einstein once said, “Strive not to be a success, but rather to be of value.” Who better than the new-age entrepreneurs to get this right? Denis Seleznev, a 17-year-old teenager behind Deedy – a web3 super-platform that aims to be an open portal for the metaverse. The 17-year-old is riding the crypto wave with a charm and getting the table ready for his community-driven venture Deedy.

Story of Denis Seleznev – the face behind Deedy

Born in Russia and raised in London, Denis was 12 when he discovered the beauty of cryptoverse during the 2017 bull run. Denis started making dimes by trading crypto soon after. This was when Denis moved past leveraged trading and shifted his focus on creating a platform that would address the present shortcomings of the crypto space.

Denis’s accomplishments were evidently impressive for a teenager but did not stop the young entrepreneur. Denis asserts that being exposed to crypto space at a young age made him envision a brighter future of the cryptoverse. The same exposure helped Denis look past the mediocre advancements and enabled him to look through the lenses of a new-age user. In one of Denis’s interviews, he said, “It struck me that people could become freer. Use their own money, be their own banks. Communicate without censorship – truly be themselves online. The principles Satoshi Nakamoto outlined in the original Bitcoin white paper,”

Deedy – A Web3 Super-Platform

Denis’s passion for the crypto space pushed him to create a platform that would turn his principles into reality. Denis grew a massive inclination towards the concept of Metaverse and sensed how it could broadly transform socializing. Deedy is a result of months of market research and understanding a user’s pain point. Presently, the industry lacks liquidity, customer service, and inclusivity. While some platforms are extremely overwhelming to navigate, others are not internationalized enough.

Excessive use of jargon and lack of guides have kept a potential chunk of masses away from the metaverse. Denis aimed to create a platform that enables the masses to conveniently connect with Web3 projects by providing a safe and secure technical architecture. Deedy is creating a multi-chain platform that simplifies entering the Metaverse. The platform would act like a portal that will enable people to enter the space by breaking down the process bit by bit. It would help a user navigate the space and also buy, lend, trade, and rent their digital assets like NFTs through a viable web3 ecosystem.

In one of his statements, Denis explains the idea, stating, “Web 3.0 will undoubtedly be the next evolution of the internet. Creators will generate income and receive proper credit for their work because Web 3.0 is all about enshrining the principle of ownership. This shift is already underway – just look at last year’s NFT boom,”

Deedy aims to simplify blockchain for anyone unfamiliar with the industry and present blockchain protocols with a friendly interface. Users of Deedy can become a creator, buy or sell NFTs, generate passive income, showcase NFTs, monetize hobbies and do a lot more. The platform is redefining ownership by giving creators what they deserve by making the economy rewarding. Denis also emphasized merging decentralized finance with NFTs and creating next-generation financial projects. As per the roadmap, Deedy is on time to make metaverse an accessible space for all. The platform is set to be released in the second quarter of 2022.

Denis’s passion to transform the space is beyond wealth and fame. It is for time to show us how far this shining star goes.

For more information, visit https://deedy.digital/

 

The crypto industry bears all the hallmarks of religion: the mysterious identity of bitcoin’s founder Satoshi Nakamoto has elevated him to the status of a spiritual force. The influence of spirituality or faith has been present since the genesis block of Bitcoin in 2009. It is not a new concept that has come out of thin air but the level of influence of religions is now evolving into something new, changing the blockchain and crypto sector.

With so many developments taking place in this space, the ”religion factor” is heavily influencing various projects. In fact, many projects are incorporating a religion-based approach to empower communities through blockchain solutions such as NFTs and the metaverse.

Imbibing this out-of-the-box approach, MetaKawn — an NFT and metaverse project — is making headway into the Web3 space. They are building the first Metaverse inspired by modern Muslims, and open to everyone who shares the same human values. Moreover, they are Bridging the gap between content creators from every niche while also benefiting their fans. And, to add an extra layer, a % of royalties from NFT transactions will go to the Kawn Fund in order to support Causes (Charity Programs) and Creators.

MetaKawn: Empowering Islam with Blockchain & Crypto

Cryptocurrencies have been developed to facilitate peer-to-peer transactions that operate independently from the central bank. They were designed for borderless transfers as they weren’t limited to one country or territory and there was no authority controlling the money mechanism of those assets.

Although they were designed as currency, it took no time leading to being a speculative asset for trading. Currently, there are thousands of cryptocurrencies available, and the majority of them are a gamble due to their large fluctuations in their prices. Adding to this, the introduction of NFTs has also sparked debate because of their speculative nature like cryptocurrencies. In fact, most of them are pump and dump that have drained millions of dollars of investors.

MetaKawn, on the other hand, is very different from other projects with its MetaKawn huffaz NFTs. It adheres to Islamic principles that forbid speculation and trading. It aims to enter the NFT and metaverse space respecting Islam social ethics. Moreover, it is creating the world’s first metaverse for modern Muslims who are proud of their heritage while embracing modern life around the globe. Ultimately, it is bridging the gap between content creators and their followers by ensuring fairness within the community.

Powering Islamic Creators Through NFTs and the Metaverse

By employing NFTs and the metaverse, MetaKawn is aiming to scribe Quran into the blockchain, by launching its first NFT collection, dubbed the MetaKawn Huffaz Club.

The collection includes 6,348 unique NFTs that represent a generation of modern Muslims, Huffaz Women, and Huffaz Men. The collection comes along with having meaningful and robust utility.

The inspiration comes from the concept of the Huffaz, who preserved the Quran since its inception and thus protected Islam’s values.

There are many similarities between the Blockchain system and the process of reserving the Quran. Back in time, the new verses of the Quran would be introduced to all the record holders (Huffaz) and let them know where the verse should be recorded in reference to other verses, thus slowly building the first Blockchain, the Quran.

The total number of avatars in the MetaKawn Huffaz Club is 6.348, corresponding to the sum of Ayats in the Quran. For every Huffaz NFT, one Aya will be dropped to its holder by the last 10 days of the month of Ramadan.

The MetaKawn Ambassadors Huffaz will power the MetaKawn Huffaz Club, which will include a wide range of categories. Moreover, many Ambassadors, celebrities worldwide known from various fields, will be selected to be a part of the program. The ambassadors’ goal is to strengthen their relationships with their audiences by providing exclusive benefits through the use of NFT and blockchain technology, and also by spotlighting modern Muslims’ success stories.

Making Room for Religions with Blockchain Solutions

Religions have a significant impact on the blockchain industry. In fact, this is only the tip of the iceberg, as more religions and cultures will undoubtedly join the NFT and metaverse craze going forward. And, projects like MetaKawn leading this innovation, it is evident that religious influence on blockchain projects is here to stay. NFTs and the metaverse have opened doors for innovations and new ideas. And, with more culture and religion influencing the blockchain space, it is right to say that we are on our way to a better future.

 

 

The NFT ecosystem is one of the most competitive in the blockchain industry, yet innovative projects always find a way to stand out from the crowd. One of such is Wall Street Chads which has grabbed the attention of collectors, crypto traders and NFT enthusiasts since its launch in July 2021.

Wall Street Chads is an NFT project that has created the first-ever decentralized community-run investment platform. NFT lovers and crypto enthusiasts can experience a seamless, frictionless and social community investing experience powered by Chads NFTs.

3,333 Chads NFTs sold out

Wall Street Chads took an innovative approach by breaking the record for the longest mint in history taking 179 days (Sept 12, 2021, to March 3, 2022)  to officially sell out its Chads NFT collection. Unlike other NFTs platforms, WSC opted for an organic mint while building out the product and strengthening its community, instead of spending heavily on marketing and hyping up the project.

This approach differs from other NFT collections which attract temporary investors looking to profit from pump and dumps, manipulative schemes that attempt to boost the price temporarily through fake hype or recommendations. WSC was able to ensure that its core community base believes in its long-term potential and this has brought great value and stability to its NFTs.

The current floor price for individual Chad NFTs is twice the mint price and its community is one of the strongest and most loyal in the space, which is exemplified through the fact that only 3% of holders have listed their NFTs for sale.

Wall Street Chads is a collection of 3,333 programmatically generated and unique characters living and thriving on the Ethereum blockchain as ERC-721 tokens. Chad NFTs are heavily inspired by the aura of the movie ‘’The Wolf of Wall Street” and the official WallStreetBets avatar, known as the ‘’Fuck Boy’’.

But, more importantly, ownership of a Chad NFT grants full commercial rights and access to the Corpo-Net, the official WSC investment portal. Chad NFT holders also have access to a fast-growing community of investors seeking to make greater profits.

A community-driven NFT ecosystem

The Wall Street Chads community currently consists of retail traders, entrepreneurs, Wall Street execs, bankers and general NFT enthusiasts. Furthermore, the community is also backed by blue-chip NFT holders like BAYC members and has attracted top players in the crypto space.

Wall Street Chads go beyond conventional NFT projects and redefine what community investing means, transforming retail investing to the next level with its product offerings. Unlike other NFT collections that raise money on the promise of creating products, Wall Street Chads has built a working product called the Corpo-Net, which consists of a gated Chad-NFT portal that grants several utilities to Wall Street Chads’ community members.

Members can create investment proposals, vote on them, and effectively coordinate an investment strategy based on community input. The Corpo-Net is officially live and has already started taking in investment proposals from the community.

Wall Street Chads also pioneered the Trade-To-Earn model (TEE) that incentivizes active traders and ensures that community members are rewarded for their efforts. In addition, the WSC treasury known as ‘ToDAOMoon.eth’ is designed to be sustainable. The treasury receives 50% of all funds raised during mint and 50% of royalties from secondary markets. Users can also access a sleek dashboard that visualizes all the assets in the WSC treasury and the performance of individual proposals, which are discussed in detail in various channels of their Discord.

More developments in the horizon

Wall Street Chads has an ambitious roadmap and intends to launch future products that will grow its community and treasury funds. Some of them include launching a future derivative collection and issuing its native token $WSC.

The WSC token will be airdropped to Chad NFT holders and will power its ecosystem. Holders will access innovative financial products and services. Furthermore, Wall Street Chads intend to become the information hub of everything finance, and members will derive great value from industry experts.

 

 

It’s easy to get caught up in the hype and buy your favorite coin, only for prices later to go down dramatically. Instead of simply investing money into coins, though – which can be risky depending on what kind you choose- there are actually some other strategies that might work out better than just holding them long-term.

Crypto4Winners (C4W) is a Sweden company that offers trading solutions piloted by experienced traders (algorithmic trading, bots, and A.I.) to help clients record profits when investing in cryptocurrencies.

With Crypto4Winners, you can manage your crypto assets and get a passive income from the comfort of home. In addition, the fund is decentralized with industry partners like Ledger, which specializes in security technologies for cryptocurrencies, and Chainalysis, which provides audits on blockchain transactions.

C4W offers an intuitive web dashboard for investors to view their deposits and withdrawals in bitcoin. In addition, users can review account statistics, including the current exchange rate between BTC-USDT pairs that they are trading. The minimum amount required to be part of the trading pool is 0.03 BTC.

The platform has made significant investments into security measures such as 2FA enabled login sessions & personal cryptographic key storage devices so you can feel safe about your investment.

The C4W fund is a decentralized 24/7 blockchain portfolio trading service that allows anyone who owns bitcoins to invest in it. The three-part investment strategy puts one-quarter of assets into long-term holdings and another fourth for medium terms. Both are kept safely offline with deep cold storage custodian wallet protection on all coins held extra safe from hacker attacks or any other form of theft. The other half are short-term holdings for intraday trades.

Pools Launched By C4W

C4W launched the first Bitcoin Pool in July 2019. They used the strategy of storing 50% of BTC in a cold wallet. Then the remaining 50% split up among traders who were experienced with managing coins on a day-to-day basis, making sure to always have at least one trader trading each time period during peak hours when prices are highest (so they can make some easy money).

When C4W saw the success of their BTC Pool, they decided to launch an Ethereum Pool in April 2021 with similar characteristics. The only difference was the minimum requirement of 1.0 ETH instead of 0.03 BTC.

The Global Crypto Pool is a diversified portfolio of crypto assets invested through multi-strategies. The launch date was January 2022, and the minimum investment to participate in this pool was only 10.000 USDT. The strategies used in Global Crypto Pool are Holding, Trading, Staking, Lending, and Yield farming.

A C4W team comprises highly qualified professionals with extensive knowledge in new technologies, the Internet, and blockchain. They are responsible for managing Bitcoin (BTC), Ethereum (ETH) & Tether (USDT) finances daily by monitoring risk levels while trying to earn profits through trading cryptocurrencies or Forex markets alike.

Platform’s Key Points

The platform works only on Performance Fees: Win-win business with customers. They do not charge any entry, exit, and management fee. In addition, 50% of your investment stored in the cold wallet by partnering with Ledger provides security to your funds.

24/7 dashboard access gives customers complete transparency of their funds. Additionally, the company provides 24 hours customer support.

With the C4W referral/affiliate system, you can earn 10% of net profits for each referred user. You will be credited with crypto under your dashboard that corresponds to this percentage–and there’s no limit on how much it could grow.

C4W charges a 20% performance fee only on the profitable trades on BTC and ETH pools. While on Global Crypto Pool, there is a 50% performance fee on the net monthly performance.

 

The number of brands seeking to gain a foothold in the metaverse has risen exponentially in recent months, with the likes of Nike and Disney conducting a recruitment drive to employ metaverse specialists. According to JPMorgan, annual metaverse revenue opportunities through social commerce, live events and advertising could soon surpass $1 trillion.

SandStorm, the world’s largest weekly metaverse event, is determined to capitalize on this trend by paving the way for brands to establish a presence in virtual reality. The project has unveiled a new multi-chain platform to connect established and emerging brands with the top builders in the metaverse.

Here Come the Brands

Having recently closed a $2.5m seed round, SandStorm will debut the beta version of its live platform and NFT marketplace at next week’s South by Southwest (SXSW) festival in Austin, Texas.

Built on the Polygon and Ethereum blockchains, the platform enables brands that have yet to make their presence felt in the metaverse search through a directory containing hundreds of verified Web3 builders. SandStorm will also provide white-glove service to bring brands into the metaverse and build experiences for them within popular open-world environments such as The Sandbox.

“As a growing number of brands are entering the metaverse through The Sandbox, we’re seeing an increased need for a platform to connect them to Builders, Agencies, Architects, Designers, Community Managers and thousands of providers in this open ecosystem,” says the game’s co-founder and COO Sebastian Borget, who invested in SandStorm’s recent seed round alongside a swathe of VC funds.

“SandStorm offers a decentralised solution for matching these needs and providing visibility to projects through meet-ups and social events in the metaverse.”

Although several brands have already planted a flag in the metaverse, many remain daunted by the steep learning curve that awaits them. SandStorm intends to help such companies overcome their reservations by bridging the education gap and exploring revenue-raising opportunities via NFTs and virtual experiences.

The Sandbox has been one of the runaway success stories in the burgeoning metaverse space. Primary sales of virtual land parcels in the game generated $12 million in Q4 of 2021 while secondary sales volume grew 1,685% compared to the previous quarter. Several major brands have already purchased land in The Sandbox, including luxury fashion house Gucci which is developing what it calls an interactive fashion experience “inspired by childhood memories of the search for beauty.”

Reflecting on SandStorm’s vast creators’ community, CEO Steve McGarry said, “We’ve seen metaverse builders mint everything from skyscrapers and avatars to custom headphones on the platform already. We’re hyper focused on the one-of-one NFTs that take creators weeks to construct. We’re not interested in the 1,000+ collections.”

Metaverse Marketing

The arrival of SandStorm’s platform comes at a time when consumer brands are reinventing marketing in the metaverse. Decentraland, a rival of The Sandbox, is currently gearing up to host a virtual fashion week featuring designers such as Dolce & Gabbana, Tommy Hilfiger, Dundas and Etro. McDonald’s, meanwhile, has filed no fewer than 10 trademark applications including one for a virtual restaurant that delivers to customers’ homes.

According to McGarry, SandStorm already reaches over 3 million users each month and has attracted 50 brands and over 500 builders ahead of launch. The latter have been onboarding since the platform’s Builders Program launched last October.

Brands can leverage the metaverse in numerous ways, such as by releasing limited-edition digital collectibles, advertising on billboards seen by gamers, and hosting virtual experiences and rewards programs. Many commentators believe that brands who ignore the metaverse risk being left behind, invoking the cautionary tale of Blockbuster Video – a company that once turned down the chance to buy Netflix for $50 million.

 

On March 3rd, 2022, ViaWallet, a multi-chain & multi-cryptocurrency decentralized wallet, organized a Twitter Q&A Session in collaboration with CoinEx Exchange. The questions centered on ViaWallet’s project ideas, unique features, security level, future development and partnership. Here are some of the questions asked during the session along with in-depth responses provided by the organizers.

Overview

1. Can you briefly explain the main idea/purpose behind the ViaWallet project?

ViaWallet is mainly designed to meet the demand for asset management. Right now, you can trade and store (short-term) crypto assets in any crypto exchange. Yet, we believe that the specialized storage and management of cryptos also matter, and there is strong demand for such functions, which is why we decided to launch ViaWallet.

Compared to a crypto exchange, ViaWallet focuses more on the storage and management of assets. More importantly, the application is safer and meets the demand for asset security and management.

The upgrades of ViaWallet have also been centered on such demands. To meet the demand for the management of different assets, ViaWallet rolled out a multi-chain/multi-crypto model. In ViaWallet, both the single-crypto wallet and the multi-crypto wallet are available. ViaWallet now supports 45 coins, spanning mainstream public chains such as BTC, ETH, CSC, TRON, Terra, Polygon, BSC, DOGE, and over 1 million tokens, covering most mainstream tokens, which meets the demand for the management of multiple cryptos.

2. How is ViaWallet different from other wallets? What makes it different?

Compared with other wallets, ViaWallet has been optimized in terms of multi-crypto management, transaction experience, and security — the top three concerns among ViaWallet users.

To begin with, ViaWallet is a multi-chain, multi-crypto wallet that supports 45 coins and over 1 million tokens, covering most mainstream cryptos. It is one of the best wallets in terms of the number of cryptos supported. Moreover, the list of cryptos supported by ViaWallet keeps getting longer.

Secondly, ViaWallet features simple interactions, which are beginner-friendly. For many new users, crypto wallets are not easily accessible because they have no idea how such applications are used. Always putting users first, ViaWallet meets demands through enhanced functionalities while simplifying wallet-user interactions.

Finally, ViaWallet promises enhanced security. As we all know, security is the top concern for asset management. From coding to product design, ViaWallet prioritizes its security. In a decentralized wallet, users have control over the private key, which means that assets are 100% controlled by users. To keep the APP safe and secure, we have also introduced a wide range of ensuring mechanisms, including app lock, security password, mnemonic phrases, ciphertext QR code, etc.

3. What are the major problems ViaWallet seeks to solve? As a multi-chain wallet, how does it intend to secure the assets of users especially due to the numerous transactions they will perform through the wallet?

We are now trying to further improve the user experience while enhancing ViaWallet’s security and supporting more cryptos. Stay tuned for more updates!

As a multi-chain, multi-crypto wallet, ViaWallet has to process massive transaction info, which is also a function that we prioritize. One of the advantages of ViaWallet is its ensured security and reliability, which enables satisfying user experiences.

Firstly, in terms of product design, we have rolled out multiple protection mechanisms, including app lock, security password, mnemonic phrases, and ciphertext QR code, to keep the APP safe and secure.

Secondly, ViaWallet is a decentralized wallet. In other words, you can get registered without providing any private information. Instead, you can use the APP simply by importing the private key/mnemonic phrases or creating a new wallet. Since we do not collect or store your private key, you will exercise 100% control over the assets.

Apart from this, members of our R&D team are seasoned developers with job experiences in leading Internet companies and deep industry insights. As such, the coding of ViaWallet is highly reliable, and the team is also striving for more optimization to improve the APP’s performance.

It should also be mentioned that ViaWallet is backed by a professional, multilingual customer service team, enabling more satisfying user experiences.

Functions

4. What advantages/facilities does ViaWallet give its users?

ViaWallet offers a safer and more easy-to-use option of asset management.

First of all, ViaWallet provides a more secure and reliable approach to asset management. In this decentralized wallet, users have 100% control over their assets. In addition, it uses multiple measures (e.g. app lock) to keep the APP safe and secure when it is running.

Secondly, ViaWallet features a simple, intuitive product design, which makes crypto wallets fully accessible to beginners. To us, the user experience is always a priority. ViaWallet always pursues more intuitive wallet-user interactions and will continue to do so in future upgrades. This will help new users get started with the APP soon after it is installed.

ViaWallet offers all-inclusive services. The APP now supports 45 coins and over 1 million tokens, covering most mainstream currencies. Plus, the DApps on public chains such as ETH, TRON, and BNB Chain are all available in ViaWallet, spanning decentralized exchanges, decentralized lending/borrowing, synthetic assets, and other types of DApps. ViaWallet also provides customer services in multiple languages, which enables more satisfying user experiences.

5. Is it possible to stake $CET in ViaWallet?

At the moment, ViaWallet does not support the direct staking of CET, but you can stake $CET through CSC DApps (e.g. IFPool) supported by ViaWallet.

6. What chains does ViaWallet currently support?

ViaWallet now supports 45 coins, including BTC, ETH, TRON, CSC, NEAR, Terra, and Avalanche, and over 1 million tokens. Go to the ViaWallet website for the specific public chains supported by the wallet: https://viawallet.com/assets.

7. Is it possible to swap the coins with no liquidity added to the pool?

Yes, of course. You can swap coins through our Swap function. At the same time, we also provide DApps like OneSwap, Uniswap, and SushiSwap that facilitate the swapping of assets. You can choose a swapping platform based on your own preference.

8. Does ViaWallet support decentralized exchange?

ViaWallet now offers all kinds of DApps, including well-known DEXes such as OneSwap, Uniswap, SushiSwap, etc. Download ViaWallet now to experience the premium DApps: https://viawallet.com/download

9. Can you tell us some of your recent partnerships? How do you plan to make them better?

ViaWallet has recently partnered up with SWFT, a cross-chain swapping platform, to enable the swapping of coins across multiple chains. In the future, we will announce more partnerships for the benefit of users and offer more satisfying services.

In future upgrades, we will support NFTs, list more cryptos, and provide all-new interactive experiences. In the meantime, ViaWallet will be available in more languages and cover more fiat currencies to better serve users around the world while offering more convenience.

10. Do you have plans to include NFT projects in the future?

The plan for supporting NFTs is already underway and will go live in a new version that will soon be released. The first NFT-supported version will feature services such as the storage, transfer/receipt, and inquiry of NFTs. Additionally, we will also list NFT-related DApps such as OpenSea to help you trade NFTs.

Stay tuned for the next update to try out the latest features of ViaWallet ahead of others!

Brand & Community

11. Why did you choose this name “ViaWallet”? Can you explain the meaning behind it?

The launch of ViaWallet is backed by the foundation laid by ViaBTC Pool, a world-leading crypto-mining service. As one of the major subsidiaries of ViaBTC Group, ViaWallet is committed to the vision of “Via wallet, linking you to the future finance”, which is why the APP is named ViaWallet.

12. How did you get the community involved in developing the project? How do you build a strong community to grow globally?

Here at ViaWallet, user feedback is always a priority. In 2021, we introduced a new function called “Suggestions” (at the “Me” page in the APP) to encourage users to give us advice and feedback about user experiences. This new feature allowed us to listen to the users, and we have taken much of their feedback to heart and will adopt the valuable suggestions we received. If you have any suggestions while using the APP, please feel free to let us know.

In addition, we have built a customer service team to help users solve problems through tickets, emails, Telegram messages, etc. After reviewing the issues, the team will create the corresponding solutions to offer smoother and more stratifying product experiences.

 

 

 

Getting in on exclusive new NFT drops and bagging a rare collectible for next to nothing is the new-age way of rolling up in a brand new Tesla. But how do people get early access to NFT launches, and how can you get whitelisted for them?

While the concept of whitelisting is fairly simple, how it pertains to NFTs might be tricky for those new to this space. In this short guide, we will cover what an NFT whitelist is, the benefits, and how you can get exclusive access to the world’s best artists and creators, one-of-a-kind experiences, and curated drops.

What is an NFT Whitelist?

Getting whitelisted is like receiving an exclusive VIP entry ticket to a product launch event.

Product launches are all about creating hype for an upcoming product, and these events usually invite and feature loyal customers, investors, bloggers, influencers, and the media. When you’re invited, it doesn’t matter who you are; you are not getting through without a pass. You get that pass when you submit certain identification papers.

However, in the world of NFTs, whitelisting involves a pre-approved list of wallet addresses. So an NFT whitelist is, in simple terms, a pre-approved list of cryptographic wallet addresses that have been allowed to gain early access to mint tokens, and this early access period only lasts for a certain amount of time.

Benefits of Whitelisting

So how does whitelisting benefit you?

1) Get guaranteed access to mint

Everybody wants to buy NFTs, but not everyone can… because they keep getting sold out! Good projects attract a lot of attention, so buyers rush to mint tokens as soon as they launch. Therefore, your chances of getting in are slim to none.

But getting early access solves this problem and guarantees that you’ll get your virtual mittens on what you like!

2) Buy rare tokens

Getting in during a project’s minting process is your chance to get your hands on rarer tokens in a collection that could increase in value after it’s open to the public.

3) Avail discounts

Projects also reward members on their whitelist with discounted minting process, which benefits both you and the creator! This means you pay a lower price, and the public sees the number of tokens being minted which raises trust in the project.

This has another benefit for buyers: you can flip the NFT for huge profits! The concept of buying low and selling high applies to the digital art world as much as the physical art world!

4) Pay lower gas fees

When you’re on the whitelist for an NFT drop, you can choose a specific time you’d like to mint your tokens. Since the transactions are done in different time windows, it’s spaced out, allowing less traffic on the network and resulting in low gas fees.

How to get NFT Whitelist spots

Now the big question – how can you get on the whitelist for the next biggest project?

Getting yourself on whitelists involves some research and community engagement. You will have to find upcoming and new NFT projects that look promising and spend some time in the project’s Discord server looking through discussions and getting a sense of the scope and possibilities. Here is where you’ll also find news and information on launch dates, the benefits all members get, and other important information.

Or… you can skip the line and the research and join the WHITELIST, by the Art on Internet  (AOI), which gives you early and exclusive access to the best of what artists and creators in the NFT space have to offer.

WHITELIST gives away a collection of 10,000 passes, and its receivers all get whitelisted for 1 million new NFT giveaways. Members can collect multiple passes to increase their rankings in the Top 1000 Leaderboard and get access to the AOI Metaverse, the chance to apply for a collaboration with the artist, and, of course, early access minting. You also get access to a private Discord channel, where you can discuss upcoming projects and their possibilities with like-minded NFT-lovers and artists.

As if those member benefits weren’t enough, AOI also holds monthly giveaways from the AOI vault, which gives members of #The1000 the opportunity to win rare collectibles.

Conclusion

If you’re looking to get into NFTs, there is no better year than 2022, but the competition is fierce! Your best hope of getting something truly valuable without paying exorbitant gas fees is getting whitelisted for new and exciting drops.

Platforms like AOI take the guesswork and research out of the process and hand you exclusive access to the biggest drops in the world. This not only betters your chances of obtaining a rare NFT, but it is also the more financially sound option in the long run!

 

 

Since 2019, decentralized finance (DeFi) proved a valuable utility for cryptocurrency and likely kickstarted the bull market. Yield farming, staking and lending earned many cryptocurrency investors annual interest rates in double- and even triple-digit territory. Unheard of in traditional finance!

But with high returns, investors faced high risks too. Numerous exploits of smart contracts where user funds were drained and malicious activity of DeFi protocols that suddenly withdrew large amounts of cryptocurrency resulted in a healthy amount of skepticism. Also, DeFi moved backstage since speculation around NFTs became a lucrative investment alternative, allowing investors to achieve immense multipliers by flipping JPEGs.

But whilst the focus of crypto enthusiasts has shifted towards NFTs, DeFi has developed into a broader ‘Web3’ movement. Providers like Bancor continuously developed their protocols to provide a safer environment for stakeholders. Others, like Ocean Protocol, improved and implemented DeFi infrastructure to disrupt multi-trillion-dollar industries. Bottom line, the foundation is set and DeFi may just be on the verge of taking the center stage again to push the broader cryptocurrency market capitalization to new all-time highs. With the NFT market being valued near 50 billion dollars and projects featured on the Superbowl, it might be worth looking for other trends.

An unexplored DeFi utility: data

Data is the world’s most valuable resource. Our future depends on technologies like artificial intelligence, which can only function successfully when large amounts of data are available. But right now, less than 0.5% of the world’s data is accessible. Like traditional resources, data is exploited by large corporations creating an unfair, monopolistic market power. Ever wondered why Google’s analytics are the best in the world? They’ve got the most data. The data economy is a trillion-dollar opportunity yet to be explored.

There is one project in the DeFi space that aims to unlock this opportunity. It’s called Ocean Protocol, which was recently awarded the Technology Pioneer by the World Economic Forum. Ocean also has an agreement with the European government and German Central Bank, which stated that their technology ‘does not have any comparable competitors’ in the space.

Ocean is building a decentralized, multi-chain data marketplace built on DeFi infrastructure. The objective is to make their native token OCEAN the underlying currency for an open data economy.

When the Ocean Data Market V4 launches in Q1/2022, data owners can tokenize their dataset into an NFT, which proves the exclusive right to the data. It’s similar to owning a Bored Ape, but instead of a JPEG file, Data NFT owners own the right to a dataset. Data NFT owners can also create a supply of Datatokens, which are built on the ERC20 standard. Datatokens allow for any DeFi activity to take place, all while the assets are backed by real-world data. A breakthrough!

On Ocean Protocol’s Data Market, data investors can stake on Datatoken liquidity pools or can simply bet on the value of a dataset increasing by swapping OCEAN for Datatokens. If someone is interested to access the dataset itself, data buyers can purchase Datatokens to access the data. This proves a valuable utility, because Data NFT owners can actively generate revenues by selling Datatokens to data buyers. All functions are regulated by blockchain technology on Ethereum, Polygon, Binance Smart Chain or Polkadot’s Moonriver

DataFi Infrastructure

There is a growing community surrounding the Ocean Protocol ecosystem. Those that understood the magnitude of Data Finance have not left. Ocean Protocol’s DAO funds third-party teams to build valuable infrastructure that accelerates adoption of data as a valuable DeFi utility. DataX for example is building Datapolis, a data finance protocol offering a ‘Data DEX’ that is building towards data-backed lending and much more. Another project is Data Whale’s ALGA mobile Datatoken wallet for iOS and Android, where users can track their data assets and stake or swap on the Ocean Data Market through their phone.

If you are interested to learn more about DataFi, head over to Data Whale’s website and complete the Ocean Data Market tutorials. Read up on definitions and watch our simple explainer videos on our Web3 Data Economy YouTube Channel.

 

Photo by Luke Chesser on Unsplash

BlackHoleDAO is a decentralized asset management protocol based on DAO governance. “BlackHole DAO Protocol (BHDP)” is a brand new standardized model constructed based on DeFi 3.0. The BHDP burn mechanism, by drawing on the stock split and stock merge in the traditional stock market, resolves the imbalance between high inflation and deflation in the market. It also rolls out the DAOs credit-based loan service.

1.0 BHDP Components

1.1 BHDP Design Highlights

From the above picture, BHDP (BlackHole DAO Protocol) is supported by a Treasury, with smart contracts to connect VC Pool and Donation Pool. VC Pool supports multi-asset certificate investments, part of which is used to burn BHO in the liquidity pool and the rest for credit loans after the DAOs investment succeeds.

3 BHDP Ways of Deflation:

• It is a common way to burn directly 60% BHO of the transaction tax
• 50% of VC Pool is also used to burn BHO in the liquidity pool,
• The BHDP extreme deflation mechanism will be triggered when the extreme inflation happens:

When the stock (BHO) in the market reaches a certain amount with a 0 support rate, the deflation mechanism will be triggered. The interest on Stake will gradually decrease by a proportion.

X-[X/(Y*H)]=Z

x: amount when the burn mechanism is triggered
y: burn rate
h: Time (days)
z: amount remained when the support rate is greater than 0

2.0 Wise Use of Olympus Stake and Bond
2.1 Evolved Stake and Bond

BlackHole DAO Stake regulates minting dynamically by the proportion of the total staking amount. In other words, when the market is in inflation, the staking interest will decrease, while in deflation, it will increase. However, it will never exceed the total staking amount. The advantage of dynamic regulation is, this free market transaction prevents the collective behavior to flee after making a profit.

Staking reward is calculated as:

Improvements:

• Olympusdao can mint tokens all the time, while BlackHole DAO dynamically regulates the proportion of minted tokens according to the inflation rate. In a relatively high inflation rate, the proportion of BHO minted by Bond will decrease. Upon a 0 support rate, Bond will stop minting.
• It provides a discount to buy Tokens through Olympusdao, while to buy Tokens through BlackHole DAO is the same as the market price, but saves 15% of transaction tax.

For both choices, the most valuable point is that when the market circulation value is equal to the treasury value, Bond is no longer the previous high premium minting, but stopped minting, indicating that before the market is in inflation, the proportion of minting in the channel will gradually decrease until the minting is stopped, preventing further asset shrinkage during inflation.

2.2 VC Pool with All Vouchers

According to the official document, it is defined as a “VC pool with vouchers”. The document describes: [Any project Token that enters VC Pool will undergo rigorous review and screening to prevent the malicious behavior from causing the loss of the long tail effect on potential assets, resulting in deflation and inflation of stocks (BHO) and failure to play a locking role in the Token project entering into VC Pool.

We can see that VC Pool is the asset management business.With the final stock reflected in the intrinsic value of VC Pool.

VC Pool accepts such valuable vouchers as stablecoins, NFTs and liquidity LPs. These valuable vouchers, upon up to a certain amount in VC Pool, will group LP and provide liquidity and LP loan services to the third party. All the claimed earnings will enter the VC Pool to support circulation value of the stock (BHO). Besides, one potential value of VC Pool is to serve as the credit pool. Bound with the DAOs community, it uses the DAOs community protocol to accumulate the credit and issue unsecured credit loans according to the accumulated credit.

Meanwhile, VC Pool plays a regulatory role in BHDP

• In deflation, the proportion of the stock (BHO) minted through VC pool will increase
• In inflation, the proportion of the stock (BHO) minted through VC pool will decrease
• For BHO minted through VC pool and entering VC Pool, 50% assets will be used to burn BHO in the liquidity pool. The other 50% will be kept in the pool for DAOs community credit loan.

3.0 Reverse Investment to Cater for Different Customers

Investment Institutions

The investment starts at 10,000 BUSD, able to receive earnings from transaction tax (BUSD+BHO)10% until the investment doubles.

DAOs Community

The investment starts at 1,000 BUSD, able to receive earnings from transaction tax (BUSD+BHO)3% until the investment doubles. The earning will stop at the end of the return period.

Individuals

The investment starts at 100 BUSD, able to receive earnings from transaction tax (BUSD+BHO)2% until the investment doubles. The earning will stop at the end of the return period.

4.0 Black Hole Reactor

The nature of the Black Hole Reactor looks like the prize pool set by the project at different stages. To meet a certain condition, the prize pool will be opened. The funds are mainly from 60% of the tax. when the market circulation reaches 10 billion BHO and the reactor amount reaches 100 million BUSD, the reactor will be opened. It’s certain that the amount varies depending on the stage of the reactor, and the amount of the reactor in the second stage maybe 1 billion BUSD.

For special reasons, there are exceptions for opening the reactor

• The reactor will be opened when the market circulation triggers the Blackhole Protocol mechanism with a final deflation to 10 billion BHO and the reactor amount reaches 100 million BUSD
• Regardless of the result, the Black Hole Reactor will be opened after 3 years.
• During the minting process, upon up to 100 million BUSD, it will open the Black Hole Reactor and stop minting.

More detailed article：https://blackholedao.substack.com/p/interpretation-of-new-defi-30-blackholedao?s=w

Considering that data is the gas in the tank of the Web2 business model, Web2 has proven to be woefully poor at controlling and protecting the very fuel on which it depends. Over recent years, leaks and hacks on centralized servers have become almost an everyday occurrence – and it’s getting worse. Once the pandemic hit, the sudden shift to working from home created multiple new attack vectors. The pressure on hospitals and healthcare systems made them particularly vulnerable, with cybersecurity breaches up by ten percent in 2021.

Then there’s the challenge of data harvesting and surveillance – a shadow we’ve all had to live with since the Snowden revelations in 2014. Legislation like the European General Data Protection Regulation (GDPR) aims to address this imbalance, but in reality, it simply ends up in long, drawn-out legal battles. The latest twist in a GDPR dispute between the EU and Meta Platforms is that the firm has threatened to pull Facebook and Instagram entirely – hardly a desirable outcome for millions of users.

Furthermore, there’s a severe lack of transparency with how data is used across the board. Once we hand over our data to a third party, we have no way of knowing how it may be passed on, sold, transferred, or otherwise misused.

Is Blockchain the Answer?

Blockchain is purported to offer a solution to many of these problems, and it’s true that from the individual perspective, there’s plenty of promise. Encrypted, self-sovereign identities could allow us to regain some control over how our personal data is distributed and used.

However, personal data is just one part of the equation. Companies also hold a vast amount of data that doesn’t necessarily just relate to people, and that’s just as sensitive, if not more so, from the corporate perspective. Consider data such as trade secrets and intellectual property, the prices paid to suppliers, financial data, and more. Self-sovereign identities wouldn’t have protected Nvidia from its most recent hack, which resulted in the leak of proprietary information about the firm’s latest GPU driver.

There are often too many compromises for enterprises to consider blockchain a viable solution in terms of protecting this kind of data. Legacy platforms like Ethereum are the most secure thanks to being heavily decentralized, but they’re slow and expensive to run. What’s more, they’re also too transparent for most firms wanting to keep a degree of privacy over their enterprise data.

Then there’s the control element. Firms generally balk at the idea of putting data on a decentralized network that anyone can join. Permissioned or private implementations of distributed ledgers are a compromise, acting as a walled garden for data. However, private blockchains also mean compromising trust because it creates a centralized point of control.

There’s also the inherent tension between blockchain records and the terms of the GDPR. The regulation stipulates a “right to be forgotten,” which allows any data owner to request the deletion of their data – a right that blockchain’s iron-clad transaction immutability cannot reconcile.

Tackling the Blockers

Over recent years, blockchain innovators have been working to solve some of these tradeoffs, with the positive result that some firms are now beginning to embrace blockchain to support business-critical processes. Most recently, BNY Mellon partnered with Chainalysis to take advantage of its suite of risk management solutions when onboarding clients who wish to transact in crypto.

However, while challenges like scalability and fees are selling points for almost every non-Ethereum platform these days, only one project has managed to solve the GDPR conflict, and seemingly, only one has managed to create a permissioned or private instance of blockchain that doesn’t compromise on trust. In both cases, the answer is ParallelChain.

ParallelChain introduces a unique feature called “proof of immutability”, which stores blockchain metadata. It allows participants in a blockchain network to verify the trustworthiness of each others’ data by proving its immutability.

Why would you need proof of immutability, though, if it’s a feature inherent to blockchain transactions? Because ParallelChain recognizes the issue that in smaller blockchain networks, or private or permissioned networks, the risk of manipulation exists. The evident vulnerability of smaller chains like Ethereum Classic to 51% attacks explains why entities may wish to add an extra layer of verification to attest to the quality of their data.

ParallelChain has also found a solution to the “right to be forgotten” clause of the GDPR, having established a proprietary solution that would ensure compliance. The project has a patent application pending for the method.

Reclaiming Control Over Our Data

With these solutions, a firm can operate an instance of ParallelPrivate with an assurance of compliance data integrity and on a platform that can handle 120,000 transactions per second with a 0.003-second average latency. It’s also compatible with Hyperledger-powered apps, allowing easy portability.

The problem of data control is quite literally out of control in the Web2 model. But as more blockchain and Web3 solutions emerge, we can hope that enterprises and individuals alike can begin to find better ways to manage the challenges, achieving a more optimal balance of privacy and integrity.

 

 

Zignaly, a social crypto investment platform, announced on February 22 that it had secured $50 million from GEM Global Yield LLC SCS (GGY), a Luxembourg-based alternative investment group focused on emerging markets worldwide. Zignaly will use the capital to accelerate its global expansion.

The crypto investment platform offers a variety of products and services that aim to make crypto investment accessible to retail investors. Its flagship product is Profit Sharing, which lets users choose from experienced traders and start trading on autopilot by copying their strategies. The concept shares similarities with the copy trading approach popularized by eToro and Robinhood with respect to stock and foreign exchange trading, but it goes one step further by imitating the pro traders’ strategies in real-time on crypto futures exchanges.

The fees are paid exclusively from the profits – a business model that attracts many beginners. So far, more than 400,000 users worldwide have entrusted over $120 million on aggregate to 300+ expert crypto traders vetted by Zignaly. Nevertheless, these figures may not stay relevant for too long, as the platform adds new users at a pace of 100,000 per month.

Zignaly CEO Bartolome Bordallo commented on the financing:

“From the early days of Zignaly, it has been our goal to open up new pathways for regular investors to take better advantage of the crypto economy, by enabling the kinds of managed and high-leverage vehicles that were formerly only reserved for the ultra wealthy. This financing from GEM will allow the company to propel significant new product development and global adoption of the Zignaly platform, so we can empower the masses with a vastly better way to invest.”

The Zignaly platform has all prerequisites to extend its global presence. To begin with, it is built upon the Binance broker program, meaning that it relies on Binance’s technology, liquidity, and market depth. Binance is currently the largest cryptocurrency exchange by trading volume both in the spot and futures markets. On February 22, Binance’s futures platform saw its trading volume exceeding $55 billion, which equals the volume figures of the next five competitors put together. For Zignaly, this is a ticket to success, considering that it’s the only Profit Sharing platform leveraging the Binance broker program.

Zignaly users can also connect their accounts to KuCoin and BitMex, two other popular crypto exchanges that operate derivative platforms.

Many traders prefer crypto futures – investment instruments that let users speculate on the price fluctuations without owning the underlying assets – because they can maximize potential gains thanks to a feature called leverage. On top of that, futures trading platforms make it easy to go short, i.e., bet on the price decline, enabling traders to seek profits even during bearish markets like the one we have today – Bitcoin has consistently declined since November’s all-time high at over $68,000.

Besides the global adoption plans, Zignaly is also working on new products to make the crypto investment experience more accessible to everyone. For example, it recently launched ZIGPAD, a launchpad-style incubator that enables Zigcoin holders to contribute to the fundraising effort of blockchain projects and cross-chain initial DEX offerings (IDOs) with minimal knowledge of smart contracts.

Zignaly has a multi-chain and multi-exchange infrastructure that supports sales and IDOs on blockchains like Ethereum, Binance Smart Chain, Polygon, Solana, Harmony, and Avalanche, among others.

The $50 million investment from GEM Global Yield LLC SCS comes on top of an initial $3 million private sale round led by Parataxis Capital, an industry-leading multi-strategy investment firm. The round, conducted in March of last year, sought financing for Zignaly’s NFT-based insurance protocol powered through its native token Zigcoin.