Month: September 2022

After Successful VC Rounds, Inery Token is Live On Huobi 

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Press Release: $INR is live on Huobi, after successful VC rounds and several strategic partnership announcements. Trading officially opened at 13:00 UTC today, September 28th. The listing is an important milestone for Inery on its journey to revolutionize how data is handled on the decentralized web.

September 29, 2022 – Inery, a decentralized data system envisioned to enable a new paradigm for data management, has listed on Huobi exchange, one of the world’s leading crypto exchanges, supporting over 1000 trading pairs and more than 600 cryptocurrencies. This will help bring Inery’s vision to the markets and onboard more people in its mission to reshape the world through the paradigm shift in data management.

Inery Decentralized Data System

Specifically designed to address database management by integrating blockchain functionalities and distributed database properties, this project aims to enable interoperability between different industries without compromising security, speed, or performance.

Inery Decentralized Data System will enable users to read, write, delete, and control their data, ushering in a new decentralized and secured internet era, where data loss and misuse will no longer be an issue. With a proprietary blockchain running on MEM (memory) nodes, Inery is able to ensure this, while adding a level of encryption guaranteeing data privacy.

Made to not only provide an upgrade to Web3, but also be more eco-friendly and cost-efficient, Inery is a project offering real-world use cases to individuals, enterprises, and governments in the space of healthcare, GameFi, finance, and more. 

The $INR token is the network’s native token, used to secure and empower the Inery ecosystem. 

Successful VC Round, Partnerships, Recognition

The listing comes after Inery carried out successful investment rounds, where it saw VCs like Global Emerging Markets (GEM) invest $50 million. Other venture capital investors to join Inery include Metavest who invested at a valuation of $128 million, Nebulous Holdings AG, Zazen, Menas Global, Cap Lion Point, and Truth Ventures. 

To develop use cases, Inery also announced strategic partnerships with Sadiqa, Crescotec, NexBloc, and the award-winning global marketing firm – Luna PR.

In recognition of their achievements, Inery has already received prestigious awards in the blockchain space. It was recently accoladed as the “Best Emerging Blockchain Solution” at the Leaders in Fintech 2022 Awards and its CEO Dr. Naveen Singh received the “Blockchain Leader of the Year” award at the prestigious GB Tech Awards. 

Inery is also one of the few projects to have a public testnet launch in August ahead of its listing. Its successful testnet release with over 160 nodes allowed developers to test the different functions and features of its blockchain. With the feedback received, it will move ahead with its mainnet expected to launch in Q1 2023.  

INR is currently live on Huobi with the trading pair INR/USDT. The trading officially opened today at 13:00 (UTC), and withdrawals begin tomorrow, September 29, at 13:00 (UTC).

During the first month of trading $INR on Huobi, traders can provide liquidity in the staking pools for staking rewards and transaction fees. Traders can also benefit from INR trading competitions to win awards in prize pools during the same period. Besides staking campaigns and trading competitions, they will run KOL competitions. Follow Inery’s announcements on Twitter and Discord to stay updated. 

Inery is led by Dr. Naveen Singh, CEO and Founder; Ivan Vujic, CTO and Founder, and Simon Murray, founder of Orange Telecom – CBE and Chairman. Mr. Satjiv S. Chahil, former Vice President of Global Marketing at Apple, recently joined the Advisor board as the new Principal Advisor prior to the $INR listing to help drive mainstream adoption. 

About Inery

Inery is a layer-1 blockchain solution that provides a decentralized, secure, and transparent foundation for distributed database management. Inery envisions a paradigm shift in data and database management by integrating blockchain technology and distributed database synergies.

 

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Cross-chain Platform 3air Launches Token on Mexc Exchange, as it Connects People through NFTs

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Press Release: 3air launched its BSC token On Mexc Exchange on September 22nd and is using NFTs for broadband connectivity through its cross-chain platform

 

28th September, Dubai, UAE – Bitcoin-based internet connectivity solution 3air has launched its token today on Mexc Global with the ticker $3AIR. The BSC is bridged for cross-chain compatibility, with two chains already live on its platform. 3air has also launched a marketplace with the goal of a type of NFTs that provides a new form of utility for users across the world as the company continues to help African nations connect to the internet.  

 

What Is 3air?

3air focuses on providing viable broadband coverage and internet connectivity to developing nations using its proprietary broadband internet technology. With the help of one of its new partners, K3 Telecom who is developing the necessary physical infrastructure (mobile internet base stations), 3air is developing the accompanying blockchain-based software to make broadband available to low-connectivity regions. 3air services already are live in Sierra Leone and will expand to the Democratic Republic of Congo, Ethiopia and Nigeria next. 

 

Limitless Connectivity Through NFTs 

3air has devised an inventive new way to turn NFTs into connective devices. Users will now be able to acquire 3air services through the power of their NFTs. 3air has designed two different types of NFTs, each with its own purpose: Connectivity NFTs, and Device NFTs. 

 

Device NFTs

Device NFTs identify the user through their hardware, allowing 3air to provide its broadband services to the holder’s devices. The hardware, its serial number, and other unique info will be identified through an image. The device NFT enables users to utilize their connectivity at various locations, so being connected to 3air by a router at home and at work would equate to 2 devices NFTs. 

 

Connectivity NFTs

Connectivity NFTs relay the exact information about what services are needed to be provided to the Device NFTs. Once users activate the NFT in the 3air marketplace they will choose the type and location of the services that they want. When activated, the NFT will correct its initial intrinsic value from the USD nominated value to the exact service and provider. Once the 3air platform connects to other providers the NFTs will be completely transferable within the ecosystem across all geographic locations & services. 

 

Cross-chain compatibility on OKC

3air has announced that it will deploy its NFTs marketplace on OKC. The platform will enable users new functionalities such as the ability to mint OKC tokens & distribute NFTs with a focus on cross-chain compatibility. 

 

3air users can select OKC from their DeFi wallets, and interact with the NFT marketplace to buy, sell, and store their NFTs in the marketplace. This level of flexibility, and the utility of the NFTs will combine to bring broadband internet connectivity to cities in Africa, and be more accessible to a broader range of users. 

 

3air & K3 Telecom 

Earlier in September 3air and its partner, Swiss-based global telecommunication operator K3 Telecom provided a school in Freetown, Sierra Leone, with free internet connectivity, giving students greater access to educational resources and opportunities.. 

 

3air Token & Listing

3AIR is the only token integrated into the 3air ecosystem and has a current total supply of 830 million tokens to increase value and liquidity. The 3air token launched on MEXC Global exchange on Thursday 22nd November and Pancakeswap is currently being traded against USDT and BUSD.  

 

For more information about 3air and its mission to make the internet available to all, visit its website here.

 

Media Contact

Contact Name: Ruba Aramouny

Contact Email: press@3air.io 

 

3air Socials

Twitter | Discord | LinkedIn | YouTube | Telegram

 

3air is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

 

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Cross-chain Platform 3air Launches Token on Mexc Exchange, as it Connects People through NFTs

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Press Release: 3air launched its BSC token On Mexc Exchange on September 22nd and is using NFTs for broadband connectivity through its cross-chain platform

 

28th September, Dubai, UAE – Bitcoin-based internet connectivity solution 3air has launched its token today on Mexc Global with the ticker $3AIR. The BSC is bridged for cross-chain compatibility, with two chains already live on its platform. 3air has also launched a marketplace with the goal of a type of NFTs that provides a new form of utility for users across the world as the company continues to help African nations connect to the internet.  

 

What Is 3air?

3air focuses on providing viable broadband coverage and internet connectivity to developing nations using its proprietary broadband internet technology. With the help of one of its new partners, K3 Telecom who is developing the necessary physical infrastructure (mobile internet base stations), 3air is developing the accompanying blockchain-based software to make broadband available to low-connectivity regions. 3air services already are live in Sierra Leone and will expand to the Democratic Republic of Congo, Ethiopia and Nigeria next. 

 

Limitless Connectivity Through NFTs 

3air has devised an inventive new way to turn NFTs into connective devices. Users will now be able to acquire 3air services through the power of their NFTs. 3air has designed two different types of NFTs, each with its own purpose: Connectivity NFTs, and Device NFTs. 

 

Device NFTs

Device NFTs identify the user through their hardware, allowing 3air to provide its broadband services to the holder’s devices. The hardware, its serial number, and other unique info will be identified through an image. The device NFT enables users to utilize their connectivity at various locations, so being connected to 3air by a router at home and at work would equate to 2 devices NFTs. 

 

Connectivity NFTs

Connectivity NFTs relay the exact information about what services are needed to be provided to the Device NFTs. Once users activate the NFT in the 3air marketplace they will choose the type and location of the services that they want. When activated, the NFT will correct its initial intrinsic value from the USD nominated value to the exact service and provider. Once the 3air platform connects to other providers the NFTs will be completely transferable within the ecosystem across all geographic locations & services. 

 

Cross-chain compatibility on OKC

3air has announced that it will deploy its NFTs marketplace on OKC. The platform will enable users new functionalities such as the ability to mint OKC tokens & distribute NFTs with a focus on cross-chain compatibility. 

 

3air users can select OKC from their DeFi wallets, and interact with the NFT marketplace to buy, sell, and store their NFTs in the marketplace. This level of flexibility, and the utility of the NFTs will combine to bring broadband internet connectivity to cities in Africa, and be more accessible to a broader range of users. 

 

3air & K3 Telecom 

Earlier in September 3air and its partner, Swiss-based global telecommunication operator K3 Telecom provided a school in Freetown, Sierra Leone, with free internet connectivity, giving students greater access to educational resources and opportunities.. 

 

3air Token & Listing

3AIR is the only token integrated into the 3air ecosystem and has a current total supply of 830 million tokens to increase value and liquidity. The 3air token launched on MEXC Global exchange on Thursday 22nd November and Pancakeswap is currently being traded against USDT and BUSD.  

 

For more information about 3air and its mission to make the internet available to all, visit its website here.

 

Media Contact

Contact Name: Ruba Aramouny

Contact Email: press@3air.io 

 

3air Socials

Twitter | Discord | LinkedIn | YouTube | Telegram

 

3air is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

 

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Metarun Open Beta is Here: How to Prepare for Web 3.0’s Newest P2E Game

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Press Release: Pioneering P2E multiplayer runner game MetaRun is exploding onto the gaming scene with open beta launch, NFTs, 9999 Genesis mysteries, and Whitelisting Event. 

   

26th September 2022, Tortola, BVI – Metarun, the world’s first P2E multiplayer runner game, is set to launch this fall, with an official release date scheduled for September 27, 2022. In honor of its release, the team behind the game is hosting exclusive whitelisting events with limited slots available for new community members. 

 

Open Beta Launch Imminent

Following several months of testing, development, and gameplay improvements, the game is ready for the larger public to play in an “Open Beta Launch”. The Open Beta will give the general public an opportunity to play, enjoy, and earn within the game with all of its unique features incorporated into the game. These features include the live marketplace, a full suite of unique 3D NFT characters, and access to its unparalleled game economy.

 

To join the Open Beta testing, the community is invited to participate in its Genesis NFT whitelisting event to leverage a one-time opportunity to purchase Metartun’s 3D NFT characters at a discounted price.

 

Metarun 9999 Genesis Mysteries & Whitelisting Event

The Metarun 9999 Genesis NFT Mystery sale will be the first time Metarun’s unique set of 3D NFTs will be available to the public for purchase. This means that those who are privileged to own one of these NFTs will either be able to play the game or trade their NFTs on the open marketplace.

 

In honor of its launch, Metarun is also planning an exclusive whitelisting event for its Discord community members to get access to exclusive NFTs and more. In addition, during a limited-time pre-release period, players can experience the game for free but without its crypto ecosystem—players will have to wait for the official release for the full experience. 

 

Two Whitelisting events have been launched: A general whitelist for the Genesis NFT Mystery sale and a Metarun NFT Pass with incredible perks attached. To participate in these events, the community will be required to complete some tasks and stand a chance to win a guaranteed slot in the limited Whitelisting event

 

Official Launch Date

With a release date set for September 27, 2022, both the game’s team and players are excited about its official launch. This comes following a $4 million private funding round led by industry leaders including Genblock capital, InnMind Capital, Moonrock Capital, Magnus, AU21, X21, Oddiyana Ventures, among others, proving positive sentiment for the game’s release and confidence in its success. For fans of both crypto and gaming, this season’s game offers something completely fresh in Web 3.0 and gaming.

 

About Metarun 

MetaRun is the World’s first P2E multiplayer mobile runner game with NFT assets. Built on Unreal Engine 5, empowered by the BNB chain. Metarun’s stunning graphics and storyline bring together the best of the traditional gaming experience and blend it seamlessly with state-of-the-art crypto technology. 

 

The game’s internal economic system runs on its native token $MRUN and the virtual currency OPAL and allows users to play to earn, and purchase in-game items and characters skins as NFTs via the native cross-chain marketplace.

 

Metarun has a host of unique characters with upgradable NFT skins, which differ in prices and ROI that players will receive. Open Beta will see 3 characters made available with more to be added soon. 

 

Anyone interested in this exciting new gaming development can sign-up for whitelisting now on the official MetaRun discord channel and follow the steps to pre-register. 

 

Media Contact

Contact Name: Matija Rosovic

Contact Email Address: marketing@metarun.game  

 

MetaRun Links

Twitter | Discord | Medium | Telegram | Linkedin

 

MetaRun is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

 

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Sparkadia’s AAA-Game NFT Collection Built by Gaming Industry Veterans Now Available to Buy on Rarible

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Press Release: Key figures from pioneering gaming studios have launched an Interconnected AAA-game Ecosystem called Sparkadia, which has just released its first-ever NFT sale on Rarible. 

 

22 September 2022, Los Angeles –  Worldspark Studios, the studio behind Sparkadia, has launched its first-ever NFT sale, the “Sparkadia Origin Collection”. Powered by Immutable X, this initial collection of NFTs went live on Rarible and TokenTrove on September 20th, 2022. 

What is Sparkadia?

Sparkadia is an “interconnected ecosystem of AAA-level games, brought together by a central hub world where players can jump between each game to see their characters and stories come to life.” Worldspark describes this hub-and-spoke model as an “arcade”, shying away from the metaverse buzzword and instead describing their hub world simply as the lobby of the arcade. 

Each of their games serves as a metaphorical arcade machine. The goal is to give people an actual reason to visit this virtual space, wanting players to fully immerse themselves in Sparkadia and express their virtual identity through the games they play within it.

Edenbrawl Early Gameplay

Sparkadia’s first game, Edenbrawl, is a frenetic mashup that many are calling “League of Legends meets Rocket League”. The team claims their greatest strength is that Edenbrawl is already fully playable and early feedback from influencers, content creators, and guilds in the space has been overwhelmingly positive. While the game is not open to the public yet, early gameplay footage and recorded play sessions are available to watch on Youtube. 

Gaming with Blockchain, not Blockchain with Gaming

Key to Sparkadia’s vision is their plan of truly fun games that are enabled by blockchain, not driven by it. They believe that mass adoption comes not with earning from Web3 games, but rather educating players on the benefits of asset ownership and interconnectivity. To that end, they’ve proudly stated that zero assets or NFTs within their first game Edenbrawl affect gameplay, meaning there are zero pay-to-win elements.

 

Additionally, they’ve announced that they are not supporting any passive income or yield generation type assets, believing that players will come because they enjoy playing the games and that the intrinsic utility of fun is more significant to players than potential earning. You can find additional information on their economic model on their whitepaper found here. 

The Sparkadia Origin NFT Collection

Their Origin collection is a set of 8 individual ‘Hero’ NFTs that when collected in full, provide sweeping bonuses across the Sparkadian ecosystem. Collectors are encouraged to acquire a full set for maximum bonuses including a unique in-game trophy, increased in-game currency generation, and even discounts on their future sales.

Despite the bear market, the Worldspark team was excited to announce their game to the world. With zero community presence prior to the announcement of their sale a month ago, they’ve since exploded in growth, massively growing their following on Twitter, Discord, and Telegram.

The sale is now live and the NFTs can be purchased at Rarible. 

About Worldspark Studios

Worldspark Studios is a remote game development studio with the singular vision of making the world a little brighter through immersive experiences that fill audiences with optimism and empower everyone to find and utilize the unique spark inside them. Simply put, the company’s goal is to create a world that leaves players happier and healthier than when they first logged in. 

Their team of AAA vets played major roles in creating renowned titles like Destiny 2, Halo, League of Legends, Legends of Runeterra, Valorant, Heroes of the Storm, and many others. For full details on the collection, please visit Sparkadia. 

 

Media Contact

Contact Name: Chandler Thomlison

Contact Email: hello@worldsparkstudios.com 

 

Sparkadia Links

Website | Twitter | Discord | Explore | Telegram

 

Sparkadia is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

Sparkadia’s AAA-Game NFT Collection Built by Gaming Industry Veterans Now Available to Buy on Rarible

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Press Release: Key figures from pioneering gaming studios have launched an Interconnected AAA-game Ecosystem called Sparkadia, which has just released its first-ever NFT sale on Rarible. 

 

22 September 2022, Los Angeles –  Worldspark Studios, the studio behind Sparkadia, has launched its first-ever NFT sale, the “Sparkadia Origin Collection”. Powered by Immutable X, this initial collection of NFTs went live on Rarible and TokenTrove on September 20th, 2022. 

What is Sparkadia?

Sparkadia is an “interconnected ecosystem of AAA-level games, brought together by a central hub world where players can jump between each game to see their characters and stories come to life.” Worldspark describes this hub-and-spoke model as an “arcade”, shying away from the metaverse buzzword and instead describing their hub world simply as the lobby of the arcade. 

Each of their games serves as a metaphorical arcade machine. The goal is to give people an actual reason to visit this virtual space, wanting players to fully immerse themselves in Sparkadia and express their virtual identity through the games they play within it.

Edenbrawl Early Gameplay

Sparkadia’s first game, Edenbrawl, is a frenetic mashup that many are calling “League of Legends meets Rocket League”. The team claims their greatest strength is that Edenbrawl is already fully playable and early feedback from influencers, content creators, and guilds in the space has been overwhelmingly positive. While the game is not open to the public yet, early gameplay footage and recorded play sessions are available to watch on Youtube. 

Gaming with Blockchain, not Blockchain with Gaming

Key to Sparkadia’s vision is their plan of truly fun games that are enabled by blockchain, not driven by it. They believe that mass adoption comes not with earning from Web3 games, but rather educating players on the benefits of asset ownership and interconnectivity. To that end, they’ve proudly stated that zero assets or NFTs within their first game Edenbrawl affect gameplay, meaning there are zero pay-to-win elements.

 

Additionally, they’ve announced that they are not supporting any passive income or yield generation type assets, believing that players will come because they enjoy playing the games and that the intrinsic utility of fun is more significant to players than potential earning. You can find additional information on their economic model on their whitepaper found here. 

The Sparkadia Origin NFT Collection

Their Origin collection is a set of 8 individual ‘Hero’ NFTs that when collected in full, provide sweeping bonuses across the Sparkadian ecosystem. Collectors are encouraged to acquire a full set for maximum bonuses including a unique in-game trophy, increased in-game currency generation, and even discounts on their future sales.

Despite the bear market, the Worldspark team was excited to announce their game to the world. With zero community presence prior to the announcement of their sale a month ago, they’ve since exploded in growth, massively growing their following on Twitter, Discord, and Telegram.

The sale is now live and the NFTs can be purchased at Rarible. 

About Worldspark Studios

Worldspark Studios is a remote game development studio with the singular vision of making the world a little brighter through immersive experiences that fill audiences with optimism and empower everyone to find and utilize the unique spark inside them. Simply put, the company’s goal is to create a world that leaves players happier and healthier than when they first logged in. 

Their team of AAA vets played major roles in creating renowned titles like Destiny 2, Halo, League of Legends, Legends of Runeterra, Valorant, Heroes of the Storm, and many others. For full details on the collection, please visit Sparkadia. 

 

Media Contact

Contact Name: Chandler Thomlison

Contact Email: hello@worldsparkstudios.com 

 

Sparkadia Links

Website | Twitter | Discord | Explore | Telegram

 

Sparkadia is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

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AIBC to Welcome 100 Influencers and Key Opinion Leaders to Malta Summit

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Press Release: AIBC Europe is expecting 100 influencers and key opinion leaders at this year’s Malta summit from November 14-18, including AMCrypto, Carl the Moon, James Crypto Guru, and Davinci.

 

September 19, 2022, Valletta, Malta – AIBC is attracting at least one hundred top-tier influencers to its Malta summit this November. Taking place at the Malta Fairs and Convention Center this 14-18 November, the five-day event is set to host 25,000 delegates for an incredible supershow. Following previous success, this year’s summit will welcome an all-star list of industry thought leaders, and offer unparalleled access to premier networking opportunities, conferences, and expos.

Get a taste of what AIBC Malta has in store!

 

AIBC Malta Brings Top Opinion Leaders Together

With a network cultivated from over a decade spent holding successful events, and leveraging incredible opportunities for cross-pollination between its top verticals, Malta Week is perfectly placed to forge meaningful partnerships and break new ground across the blockchain, fintech, and DeFi landscapes. For attendees, the event will provide invaluable access to unique industry insights and next-level connections.  

 

Bringing a diversity of key thought leaders together, AIBC will maximize the potential for projects and companies to leverage a unique opportunity to link to some of the leading minds in the crypto and emerging tech world. Enabling new and upcoming projects, as well as more established companies to gain the reach they require to take their product to the next level.

 

Last Year’s Highlights

Last year saw 13,500 attendees from over 80 different countries gather for the Malta AI & Blockchain Summit which focused on blockchain, emerging tech, and DeFi specifically. The event saw a slew of big names attend, including Michael Saylor, who was a financial backer of the star of the show, Acta Finance, winner of the “Best DeFi project of the year” award. 

 

The event also stared industry leaders including Dextools.io CEO Pablo Ojanguren, Blockchain Center founder Nick Spanos, CEO of emerging digital health network project Solve.Care Pradeep Goel, international NFT artist Talia Zoref, NextBridge CEO Lars Rinnan, and of course AIBC Summit founder Eman Pulis.

 

AIBC Americas Summit Debuts in Toronto 

More recently AIBC held its long-awaited Americas debut in Toronto, Canada, which saw a buzzing hub of thought leadership and industry insight amongst a selection of big names. The summit platformed some emerging projects and innovators from the Medical Metaverse realm to the next generation of digitally enabled education solutions. 

 

Amongst the list of emerging talents from the AIBC Americas were Michael Turpin, Russell Korus, Davin Michaels, Emma Todd, Cal Evans, and Dr. Lawrence Krauss. The star of the show however was prized Pitch winner myLaminin, a Canadian-based blockchain-enabled document sharing, and verification service.

 

Don’t Miss the AIBC Malta Week 2022 

All of the AIBC summits serve as a vital platform for thought-leadership, with a fresh line-up of top influencers spearheading discussions about the future of relevant industries. 

A top-tier cast of conference speakers is already in the works, with some leading influencers and policymakers expected to join the discussion, including AMCrypto, Carl the Moon, James Crypto Guru, and Davinci. With exciting, insightful conversations expected on new crypto projects, gamefi, influencer/affiliate marketing and much more, this year’s AIBC Malta event is one not to miss. 

AIBC Links

Telegram | Twitter | Instagram | Linkedin 

Media Contact 

Contact Name: Max Jones

Contact Email: max.j@sigma.world

AIBC Malta is the source of this content. This Press Release is for informational purposes only. lhe information does not constitute investment advice or an offer to invest. 

 

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Visionary Patri Friedman Joins TheStandard.io to Create the Ultimate DeFi Stablecoin Protocol

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Press Release: Decentralized stablecoin project TheStandard.io is pioneering a next-generation over-collateralized stablecoin infrastructure, backed by industry experts including Patri Friedman, grandson of  pioneering economist and statistician, Milton Friedman. 

 

September 7th, 2022, Berlin, Germany  – The cryptocurrency market has catapulted to new heights over the past few years, prompting a significant rise in the demand for stablecoins. As a result, the market’s most popular stablecoin, Tether USD, saw its market cap grow twenty-fold to over $82 billion in the second quarter of 2022.  

 

The demand has also led to the spectacular growth in projects experimenting with other approaches to stability. The most infamous example is Terra Luna, which took a pure algorithmic approach. However, as has been widely reported, Terra Luna went on to collapse for a number of reasons, the primary of which was the inherent flaws in a pure algorithmic model. 

 

TheStandard.io is from the team behind one of the oldest bitcoin exchanges Vaultoro.com proposes a new global standard for decentralized stablecoins backed by tokenized physical assets as well as crypto assets. TheStandard.io uses an over-collateralized model in which users ‘lock up’ assets in individual smart contracts called ‘Smart Vaults’. The DeFi protocol then allows users to borrow against these assets by minting new stablecoins pegged to any fiat they want at zero interest. Like any loan, government inflation decreases the value of their liability over time.

 

As a result, TheStandard.io eliminates the need for a centralized entity to maintain a peg and leverages inflation in favor of stakers.

 

Patri Friedman, advisor to TheStandard.io, commented:

 

“I’m thrilled to be advising TheStandard as they build a system to unlock the massive potential liquidity of hard assets such as precious metals. By using these as reserves to back over-collateralized stablecoins in any fiat currency, their system combines the safety of owning gold with the liquidity of bank deposits.”

 

Josh Scigala, CEO and founder of TheStandard.io further commented: 

 

“Patri Friedman is a true visionary, bringing startup cities and sea steading to life. He comes from a family whose legacy is very much aligned to the philosophy and goals of The Standard Stablecoin Protocol. Individual liberty, backing currency with rare assets, and market forces as governance.”

 

Patri Friedman will help The Standard DAO create the blockchain infrastructure needed for startup cities to have functional, central bank independent currencies backed by rare assets. He will also help build connections with other influential thinkers, VC’s and entrepreneurs in this exciting space.

 

A Roadmap to a New Standard

TheStandard.io will first launch sEURO, a stablecoin which will maintain a value of 1 EUR. This launch will happen in the following stages called Operation Deep Liquidity:

 

  1. Initial Bonding Curve Offering
  2. DEX Liquidity Bonding event
  3. TST (TheStandard.io’s native token) staking and rewards.

 

The Initial Bonding Curve Offering will incentivise participants with up to a 20% discount when purchasing the first sEURO stablecoin, allowing the build up of the Protocol Controlled Value (PCV). The concept of a bonding curve is to enable the build-up of reserve assets in exchange for the minting of sEURO at a discount for early participants. Tokens that can be initially converted into sEURO are Ethereum, PAX gold, wrapped bitcoin and Matic.

 

The second stage focuses on building up deep liquidity for the trading pair sEURO/USDC (or another pegged stablecoin. This was inspired by Olympus DAO, allowing the protocol to own liquidity in the pools rather than renting it from yield farmers. Users deposit their sEURO and USDT into The Standard DAO’s bonding contract which will be locked in a Uniswap liquidity pool. The longer the bond maturity, the higher the yield. The aim is to ensure deep liquidity and stabilize sEURO whilst continuing to reward early participants.

 

Finally, the DeFi protocol will also launch with a membership/governance token called TST (The Standard Token). Users can also stake TST to earn rewards which originate from the yield earned by the DAO when placing the liquidity from the PCV into safe yield farming activities. Users will be able to vote on where and how much to allocate to a specific activity.

 

Find out more about this three stage process here. 

 

About TheStandard.io

TheStandard.io is pioneering a new stablecoin infrastructure for the cryptocurrency market. Its vision is for the creation of a framework that enables stablecoins to represent every “fiat currency on Earth”, a milestone no other stablecoin has been able to achieve thus far. This ambition is evident in its brand, with ‘The Standard’ being a reference to the infamous ‘Gold Standard’ which created a currency full-backed by gold held by the State.

 

TheStandard.io is driven by veteran cryptocurrency enthusiasts who make up the pioneering team. They include Protocol Lead Joshua Scigala, co-founder of Vaultoro.com (one of the world’s first bitcoin exchanges), Philip Scigala, CEO and co-founder of Vaultoro, who first entered the space in 2010, Ecosystems Operations manager Ana Valdes, a master in foreign affairs, and Head of Engineering, Simon Morley, CTO of Vaultoro.com. 

 

This team has also attracted influential players in both the TradFi and DeFi spaces, including Patri Friedman, the father of smart contract auditing Hartej Sawhney, Social Development Evangelist Dr Jane Thomason and ecosystem builder Faraj Abutalibov just to name a few. 

 

To read more about The Standard DAO and its mission to re-shape the stablecoin space, visit their website here.

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Media Contact Details

Contact Email: juliane.verissimo@thestandard.io 

 

THESTANDARD is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

 

Rereading WEB3: The Decentralization of the Video Streaming Industry With X METAVERSE PRO

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We live in the age of video streaming thanks to many emerging video streams like Netflix, YouTube, Twitch, Vimeo, Disney+, Brightcove, and more. These video streaming platforms play an essential role in our lives, serving content to hundreds of millions of active users every day. According to authoritative reports, in 2022, Internet video is expected to account for 70% of the total market traffic. IP traffic has reached 396 exabytes per month, which continues to increase.

The entire industry is ascendant, but drawbacks and shortcomings still exist.

The discovery of the video industry is outstanding but has disadvantages and shortcomings. The ever-increasing amount of data means streaming providers must spend a fortune to maintain their networks. They either put the content delivery network (CDN); or rent servers through cloud service platforms such as Amazon AWS. But no matter which method is used, it will increase the cost of their operation. For users due to the limited radiation capability of CDN, those users who are far away have a slightly poorer experience, and problems such as poor picture quality, access denied, or network instability sometimes occurs.

Coupled with the continuous advancement of technology, the personalized needs of users have also been updated, and the resolution has increased from the original 720p or 1080p to 4K and 8K, all of which have brought difficulties because they require more and more robust bandwidth transmission.

As a fast-growing crypto project, X METAVERSE PRO tries to provide a viable solution to all the above problems by leveraging blockchain and Web3 to achieve decentralization in video streaming.

What is X METAVERSE PRO?

X METAVERSE PRO is a new video streaming and transmission platform based on blockchain technology. Unlike traditional projects in the market that utilize centralized servers for operation and transmission, X METAVERSE PRO provides streaming services through a completely decentralized network.

On the one hand, the project retains the flexible advantages of current popular video applications, focusing on encrypted social platforms or applications to create a vast entertainment and interactive community, allowing viewers and players to become one, and everyone is both an audience and a performer. The content contained on the platform is extensive and continuously updated, covering various types, including music, dance, games, knowledge, life, food, records, cartoons, and allows likes, comments, sharing, and attention. On the other hand, X METAVERSE PRO uses $XMETA to incentivize users to participate in interactive behaviors on the platform. It is worth mentioning that $XMETA is the native token used in the platform and the network.

In the X METAVERSE PRO network, users can share their device resources with others when watching videos, such as unused computing and bandwidth. These users who contribute to the network will jointly become the cache nodes of the video transmission mesh network, Responsible for delivering video streams to viewers. That is to say, the more users who join the X METAVERSE PRO network, the more cache nodes, the lower the cost, and the higher the efficiency.

The network achieves a good balance between scalability, security, and decentralization and can complete over 50,000 transactions per second (TPS) without burden. Thanks to the efficient transmission between nodes, it makes transactions and data faster and more efficient. A smart contract manages the X METAVERSE PRO project. To motivate nodes to work, a part of $XMETA is specially allocated as a reward and placed in the smart contract, which will be automatically issued after the task is completed.

X METAVERSE PRO is the industry’s first decentralized distributed P2P transmission network, which can eliminate the service interruption caused by the central server and other related problems. X METAVERSE PRO does not just want to be a decentralized streaming platform to replace the services of traditional providers. On the contrary, the crypto project aims to provide them with a cheaper and more efficient way to operate their services, while Centralized streaming platforms provide opportunities to enter the market through the protocol of X METAVERSE PRO.

What are $XMETA tokens?

$XMETA is mainly used for governance and staking of the X METAVERSE PRO system, and the total supply is fixed at 300 million tokens and will not increase in the future. At the same time, $XMETA applications exist in multiple scenarios, such as consumption, payment of transaction fees, smart contract interaction, and distribution as rewards to nodes, viewers, and content creators. There are many uses for nodes. Nodes can earn an additional $XMETA by staking tokens and contributing more idle resources on the streaming platform.

It is also worth mentioning that $XMETA has a unique burn mechanism that combats token inflation by introducing fees for using the X METAVERSE PRO network. To reduce the cryptocurrency supply, the project will burn a percentage of each payment $XMETA fee at the protocol level.

X METAVERSE PRO takes you everywhere.

After a long period of practice, X METAVERSE PRO will build the X metaverse space as the ultimate goal of its efforts, which allows the connection of hardware and software facilities, so that everyone can get rid of the constraints of geographic location and physical space, not only to achieve financial socialization but also Is to create Web3 interaction.

 

Web3 is an identity-centric, high-flow, modular, and relatively dynamic technical behavior. At the same time, the X METAVERSE PRO streaming media platform can realize the binding of Web2 and bring users’ social identities everywhere. For example, TikTok’s role may change, but it will still be used as an app. However, the X METAVERSE PRO platform will give streaming media a new possibility: turning social accounts into an important factor that can become a rich identity in Web3 multi-channel and enjoy various interactions in the X metaverse.

Related link: http://www.XMetaversePro.com.

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects.

The post Rereading WEB3: The Decentralization of the Video Streaming Industry With X METAVERSE PRO appeared first on NullTX.

Source: null tx

GBR COIN ICO 2022 Launch To Ensure Secure Real Estate Transactions

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GBR Coin’s website clearly highlights the strategic roadmap for 2022, and as for the Q4 arm of the map, the platform is set to launch its Initial Coin Offering (ICO) sometime in September, alongside onboarding new Web3.0 experts and sponsoring the World Blockchain Summit 2022.

GBR Coin is a Real Estate and Investment Firm based in Dubai, delivering many real estate-centered services like home sales, 1031 tax-deferred exchanges, full-service property management, and marketing and buying of investment properties. 

Being 25 years in the real estate business, GBR offers a unique edge by being a self-regulated Decentralized Finance (DeFi) platform enabling lightning-speed and secure transactions. 

While anyone can use GBR Coin and is free to inspect a product’s data and its working, the DeFi platform provides complete control of funds and their movements to the user. All transactions are pseudonymous and processed in a matter of a few minutes due to the underlying blockchain technology.

GBR Coin uses a Polygon network-based transactional framework that facilitates fast transfers and low transaction fees. Built on complex mathematical numbers and strings, GBR Coin harnesses blockchain technology to protect itself from hacking and false information. 

Hence, pushing the real estate market in a new direction by becoming a go-to payment gateway for the industry. Currently, the real estate sector faces its biggest challenge in non-transparent contracts between third-party entities, leading to potential fraud, money laundering, and corruption.

Moreover, unsecured titles and data management, as well as, slow unsafe transactions, is hampering the growth and user experience in the real estate industry. However, GBR Coin is battling these problems by developing a community-driven project to create a platform where challenges in real estate are being solved by a range of blockchain and cryptocurrency facilities present in one ecosystem.

With increased scalability, flexibility, transaction speed, and low fees, GBR Coin allow high levels of liquidity to ensure fair asset prices, market stability, higher technical analysis accuracy, and faster transactions.

Follow GBR Coin’s social media channels to stay up to date with the latest news:

Twitter –  https://twitter.com/gbr_coin

Facebook – https://www.facebook.com/gbrcoin/

Instagram – https://www.instagram.com/gbr_coin/

LinkedIn – https://www.linkedin.com/company/gbr-coin/

Telegram – https://t.me/gbr_coin

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects.

The post GBR COIN ICO 2022 Launch To Ensure Secure Real Estate Transactions appeared first on NullTX.

Source: null tx