Month: February 2023

Institutional Pipe Investor With $2bn In Executed Financing Commitments Launches Digital Asset Investment Firm

Dubai, UAE, 27th February, 2023, Chainwire

Alpha Blue Ocean (“ABO”), based in the Bahamas and Dubai has announced the launch of a new private investment firm, ABO Digital, that will provide alternative financing solutions to early-stage and high-growth companies in the digital asset space.

Leveraging ABO’s experience as a structured Private Investments in Public Equity (PIPE) investor with more than US$2 billion in executed financing commitments globally over the last five years, the new ABO Digital will bring institutional-grade expertise to the digital asset and blockchain industry.

ABO Digital will provide innovative and flexible funding solutions that will give blockchain projects access to more options for raising capital. This new form of financing addresses a need in the cryptocurrency market, especially given the current market conditions.

Amine Nedjai, CEO at ABO Digital, said: “This is an important time for the digital asset space. We’re in the midst of a bear market but there continues to be solid development by innovative protocols. A lot of large investors, such as venture capitalists, will have suffered losses from the recent crypto credit contagion. This reduces the pool of available growth capital for cryptocurrency projects that ABO Digital will help fill. We see an interesting development in gaming as projects are working on more sustainable tokenomics, which can help drive adoption as well as the practical use of non-fungible tokens. We expect DeFi to continue capturing attention in this space, proving its robustness through the current crisis whilst continuing to innovate and find pragmatic solutions – such as access to liquidity for stakers of ETH. This difficult market situation, coupled with our positive outlook, makes it the perfect time to launch ABO Digital, enabling entities in this exciting space to source the funds they need to build.”

The timely launch of ABO Digital aligns with expectations for the digital asset space to come out of this crisis stronger in the next cycle. With a few major players that have dominated the investment space over the last few years, ABO Digital brings a fresh experience and an alternative way for projects to fund their development and expansion.

To find out more about ABO Digital, visit www.abodigital.io

About ABO
Alpha Blue Ocean (“ABO”) is a sector-agnostic alternative investment firm operating across the world with headquarters in Bahamas.. ABO provides innovative financing solutions for publicly listed SMEs. To achieve our mission statement, we span all asset classes in order to provide structured investments & partnerships that are both flexible and pragmatic.

About ABO Digital

ABO Digital is a private investment company providing alternative financing solutions to cryptocurrency projects around the world. As part of the Alpha Blue Ocean group, which has executed more than $2bn in financing commitments for publicly listed companies across the globe since its inception in 2017, ABO Digital brings a breadth of experience in capital markets to provide institutional-grade expertise in providing innovative and flexible financing solutions to help blockchain developers build and grow their protocols.

Contact

Head Of PR, Yousef Batter, White Label Strategy, yousef.batter@whitelabelstrategy.io, +971559356531

The post Institutional Pipe Investor With $2bn In Executed Financing Commitments Launches Digital Asset Investment Firm appeared first on The Home of Altcoins: All About Crypto, Bitcoin & Altcoins | Cointext.com.

With The Sandbox Price Prediction Trending Downward, Investors Shift To Metacade

The Sandbox price prediction has been explosive in recent years, but can it outperform the newcomer metaverse project Metacade (MCADE)?

As metaverse projects continue to steam ahead, Metacade could well become the next big leader to take over the space. To find out whether Metacade or The Sandbox (SAND) has the highest potential, here is an in-depth look at two of the biggest projects in the sector.

Metaverse projects continue to expand virtual horizons

Metaverse projects continue to revolutionize the gaming industry due to their unique capabilities. The Sandbox provides a vast open world in which anyone can create new gaming experiences, while Metacade looks set to bring the largest collection of play-to-earn arcade games onto the blockchain.

The Sandbox price prediction has been extremely bullish for some time, and the SAND token managed to rise over 200x during 2021 alone. This displays the vast potential of metaverse projects and the faith that investors have in the long-term future of the movement.

Metacade is a brand-new project which could rival The Sandbox in stature over time. The presale for the MCADE token has already raised $7.7m in just 14 weeks. Metacade, as a new investment opportunity, looks to have a massive 200x return potential from its current price level – a rise that could outperform The Sandbox price prediction.

What is The Sandbox?

The Sandbox is a virtual reality metaverse project that delivers a suite of tools to enable its community to build gaming content. User-generated content (UGC) underpins the gameplay, as the metaverse project has been compared to the world-famous PC game, Minecraft.

The key difference between The Sandbox and Minecraft, however, is that users can own their in-game items due to The Sandbox’s blockchain integration. Users can purchase gaming assets, collectible items, skins, and whole gaming experiences, as non-fungible tokens (NFTs).

By allowing users to buy and sell NFTs using the SAND token, The Sandbox allows anyone to freely monetize their creations. As a result, The Sandbox has become a sprawling virtual reality map and one of the leading metaverse projects in Web3.

Can SAND reach $3 in 2023?

After an explosive bull run in 2021, the SAND token suffered during 2022 by falling over 90% in value. However, SAND has risen over 100% since the beginning of 2023 and could begin to target key resistance levels on the path back to all-time highs.

The primary resistance level to look out for in The Sandbox price prediction is $2.70. If SAND can break this level, then The Sandbox price prediction could target the $3 level and beyond. For the end of 2023, The Sandbox price prediction is $1.82 – it should retrace after a significant move toward $3.

What is Metacade?

Metacade is to become the biggest on-chain arcade and the first community-driven project of its kind. The platform will deliver advanced earning potential to all its users, and it is truly taking blockchain gaming to the next level.

Not only will the metaverse arcade offer the biggest selection of games online, but it will also become a central hub for the Web3 community to enjoy. It aims to display the latest trends and help users to find the best tips and tricks to make the most out of the blockchain gaming experience.

How does MCADE work?

The metaverse project will offer both casual and competitive gameplay, with the MCADE token being used to provide financial rewards. Users can play solo or join paid entry tournaments for the chance to win major cryptocurrency prizes in this new metaverse project.

The community hub will also provide financial rewards to users who contribute to the platform. The Create2Earn feature is designed to reward content creators for posting insights, game reviews, and interacting with other users.

On top of this, the Work2Earn mechanic will connect users of this new metaverse project to paid job opportunities in the world of Web3. These roles range from part-time and full-time positions to gig work and internships. 

Can MCADE reach $1 in 2023?

The MCADE token, after a highly successful start to its presale, raised a huge $7.7m in its first 14 weeks and is now gearing up for massive potential returns over the coming years. In 2023, MCADE will be launched on exchanges and the extra buying pressure could push the price of MCADE up to the $1 level – a 50x return from the end of the presale.

Metacade vs The Sandbox price prediction: Which metaverse project is worth buying?

Both metaverse projects are showing major promise for the future, but Metacade in particular could produce excellent returns on investment from its current price level if it continues at the current pace. After being launched at just $0.008 per token, Metacade is at the earliest stage of investment and looks like it could even rise over 100x.

Without a doubt, Metacade is considered one of the best metaverse projects to invest in now. The Sandbox price prediction is forecasting a partial recovery, but with Metacade soon to enter price discovery, it could skyrocket during this process. For investors looking to buy into a new metaverse project, Metacade could present a very promising option.

You can participate in the Metacade presale here.

The post With The Sandbox Price Prediction Trending Downward, Investors Shift To Metacade appeared first on The Home of Altcoins: All About Crypto, Bitcoin & Altcoins | Cointext.com.

Lee Kohn, Head of the RSTAKING Platform, talks about WEB3, Staking and Crypto

Today we are going to talk about staking with Lee Kohn, the Head of the security department of the staking platform, known as RSTAKING.

Staking is a method of earning passive income when users hold their coins in the Proof of Stake (PoS) algorithm and guarantee the functioning of the blockchain. Thanks to this algorithm, they have the privilege of making profits

A bank deposit is the closest comparison to staking. The only difference is that the user does not transfer assets to someone, but freezes them in his account (in a wallet, exchange or DeFi, which is a decentralized financial service).

It is essential to maintain the proper functioning of the digital currency network as staking works on the Proof-of-Stake algorithm with proof of ownership.

Skeptics ask: “Where does the money come from to pay the holders of the coins?

They suspect that there are certain dark mechanisms in staking, similar to a financial pyramid. But as happens on top staking platforms, users receive a reward when they find a new block and a commission for confirming the transaction.

To set the record straight, the coin staking process helps ensure the high level of security of the cryptocurrency network. It is the main specialty of the PoS (Proof-of-Stake) algorithm.

In the conversation, Lee Kohn shares many details about the features of staking and how to now earn 25% a year in cryptocurrencies without any risk.

What is RSTAKING?

RSTAKING is a decentralized staking company capable of securely storing the funds and data of its users, regardless of blockades or political factors, and that aims to have the assets of all citizens under full control.

Institutional investors and cryptocurrency funds choose RSTAKING due to its unique approach to security and privacy policies.

Security and privacy are guaranteed from anywhere in the world; users need to provide 24 words to recover account, 50 ultra-secure domains with recovery function (-1+3), no KYC required, the most stable servers around the world, and the safety of users’ crypto assets.

In summary, here’s what to know about RSTAKING

RSTAKING is a decentralized staking platform that creates your liquidity pools.
RSTAKING’s total liquidity pool is over $1 billion.
Users receive a fixed 25% per year on more than 200 tokens and cryptocurrencies on 9 networks.
Rewards are received every 3 hours in USDT or BUSD tokens.

What drives users to choose RSTAKING?

It is probably due to the fact that we demonstrate an honest way of working.

In addition, we are the only staking platform that gives 25% per year on all tokens and cryptocurrencies, including stablecoins, such as Tether and BUSD.

People don’t like to wait; that’s why RSTAKING transfers rewards every 3 hours and allows users to end staking whenever they want. I am not aware of other similar staking platforms that offer the same services.

What is RSTAKING’s revenue in 2022?

This is private information, but I can say that the revenue of the company is much lower than that of the top 5 cryptocurrency exchanges. This happens due to the fact that RSTAKING provides better conditions to clients, unlike other similar platforms. We believe that RSTAKING will outperform cryptocurrency exchanges in terms of indicators, so we can wait as long as it takes.

But if we talk about the income of RSTAKING users, it is 25% per year. Everything is very stable: Service, privacy and security are guaranteed.

Will RSTAKING change people’s lives?

It already has. Anyone from anywhere in the world can open a stake. We do not cooperate with cryptocurrency regulators, so anyone can start receiving staking rewards without fear of new regulations or bans.

Is staking the only line of RSTAKING?

RSTAKING has multiple projects. Other than staking, and NFT platform, there’s RMOBILE – a mobile operator. The company plans to launch more innovative projects that will be valuable to the world by 2025.

Thank you very much for the interview, we were interested in learning more about RSTAKING and the particularities of the cryptocurrency market.

I would like to thank you for your sincere interest. Everyone can sign up for RSTAKING, receive 10 RHIN tokens for free and open personal staking.

Contacts

Lee Kohn

rstaking.com

Papel blanco – rstaking.gitbook.io/rstaking-whitepaper

The post Lee Kohn, Head of the RSTAKING Platform, talks about WEB3, Staking and Crypto appeared first on The Home of Altcoins: All About Crypto, Bitcoin & Altcoins | Cointext.com.

Genesis Crypto Lender Files for Bankruptcy – What This Means For Newcomer Metacade

The current crypto bear market has taken another casualty, as Genesis crypto lender has filed for Chapter 11 bankruptcy – which means the company can stay in business and restructure itself. This follows other prominent Web3 companies, such as 3AC and FTX, with each company tied to the other.

After the damage done by centralized DeFi companies, how can decentralized projects like Metacade help to solve Web3’s issues?

What happened to Genesis’s crypto lender?

Crypto lending firm Genesis has filed for bankruptcy in the wake of the 3AC and FTX collapse in 2022. The Genesis crypto platform previously had significant exposure to both firms, with each company filing for bankruptcy in June and September, respectively.

The Three Arrows Capital (3AC) bankruptcy is thought to have cost Genesis hundreds of millions of dollars, and the platform’s exposure to FTX was valued at $1.2 billion. As a result, Genesis crypto lending has filed for bankruptcy – more than two months after the platform froze user withdrawals – as the company aims to restructure post-collapse.

The nature of crypto lending involves users posting collateral. Users can then borrow a percentage of their collateral, with the core aim being to generate an investment return and a yield on staked assets while also being able to trade or withdraw additional borrowed funds.

Genesis crypto lending is a centralized operation, representing additional risk compared with decentralized crypto lending alternatives such as Aave. Compared with Genesis crypto, Aave has no access to user collateral after it’s been lent to the platform. This helps to make decentralized crypto lending more robust during fluctuating market conditions.

What does this mean for crypto newcomer Metacade?

Metacade delivers financial rewards to gamers through the use of smart contracts. This is similar to how Aave works. Metacade recently passed an audit from Certik to prove the efficacy of smart contracts on the platform, which can help to ensure that the platform is robust and secure for years to come.

As a result of Metacade’s successful smart contract audit and vast range of crypto-earning mechanics, the platform has sold out during the opening rounds of the presale at record speed. It is now in stage 5 and has raised over $7.6m since the presale went live, with investors quickly jumping into the metaverse arcade to gain a stake in its future.

What is Metacade?

Metacade is the first community-driven arcade on the blockchain and the biggest project of its kind. The metaverse arcade will offer the most extensive collection of P2E games in Web3, with every title offering integrated financial rewards to gamers as they progress through levels and have fun online.

As well as this, Metacade aims to become a central hub for the Web3 community. It will display all the latest information about the blockchain gaming space, including the latest alpha and best tips for making the most out of the playing experience.

From 2024 onwards, the platform will transition to a decentralized autonomous organization (DAO) and hand key roles over to the community. Being a decentralized initiative helps to secure the platform over the long term and avoid any management mishaps, such as the Genesis crypto lending platform, 3AC, or FTX.

How does MCADE work?

The metaverse arcade offers both casual and competitive gameplay – either way, gamers can earn a crypto income online. Solo players can progress through endless levels in some of the hottest arcade games on the blockchain, while competitive gamers can go head-to-head through the Compete2Earn feature to win major prizes paid in MCADE tokens.

The community hub will also reward users for their contributions. This can include posting game reviews, sharing alpha, and interacting with other users directly. Users can earn cryptocurrency rewards in return for the valuable content posted on the platform.

Metacade is also creating new jobs for crypto enthusiasts through the Work2Earn feature. Work2Earn includes part-time and full-time work at some of Web3’s most exciting companies. Roles also include gig work and beta testing roles for new play-to-earn games.

Metacade is a game-changer

Metacade combines some of the hottest features in Web3 with classic arcade-style games. The platform takes crypto-earning to the next level, creating new jobs and rewarding content creators directly. Since the project is entirely community-driven and will ultimately transition into a DAO, it also looks set to avoid the problems faced by first-generation crypto lending and earning platforms.

Metacade is a true game-changer. To top it off, the platform is funding the next wave of innovation in the blockchain gaming space through its Metagrants program. Users will vote to decide which new games are best before Metacade provides early-stage funding to help bring the idea to reality.

Is MCADE worth buying after the Genesis crypto lending bankruptcy?

The MCADE token presale could be one of the best buys of the year, especially after the recent problems faced by centralized platforms such as Genesis crypto, 3AC, and FTX. It is a fully decentralized, community-driven initiative that will deliver vast earning potential for its users – this is a core reason experts are predicting major gains for the token over the coming years.

At the current price of $0.0155, Metacade has sky-high potential for returns. The presale is the best time to get involved, as the MCADE token is expected to skyrocket upon completion of the event. Make sure to check out the Metacade presale before it all sells out.

You can participate in the Metacade presale here.

The post Genesis Crypto Lender Files for Bankruptcy – What This Means For Newcomer Metacade appeared first on The Home of Altcoins: All About Crypto, Bitcoin & Altcoins | Cointext.com.

Revolutionizing the NFTs- Telept City Launches Cutting-Edge AIGC NFT Platform for Web3

San Francisco, USA, 25th February, 2023, Chainwire

Telept Inc., a Web 3.0 startup, has announced today the launch of a ground-breaking first-mover Web PC platform Telept City, which empowers participants to create one-of-a-kind AI generated Non-Fungible Token (NFT) called X-Native. With its cutting-edge AI Generated Content (AIGC) image generation model that has undergone rigorous fine-tuning utilizing a vast database of images, and coupled with an intuitive game-like user interface, provides a novel and accessible AI Web 3.0 experience for participants of all levels. Creating NFT is a breeze with Telept City, and it can be done with minimal effort and costs.

What is Telept City?

Imagine the users are capable of generating an NFT through a AI powered platform similar to playing a text adventure game. Telept City’s multiple-choice options are presented in a way that is both engaging and easy to navigate. Upon logging onto Telept City via Metamask wallet, users are greeted with an interface that’s reminiscent of a trivia game. The questions were designed to tap into users’ thinking about their own self-image through a gamified approach and to help them create their desired NFT. The AI interprets the answers and generates a user-defined image, which can be finally encrypted as an NFT of X-Native Collection.

Telept City – PC webpage, style of sci-fi universe. Telept City

What is X-Native Collection?

The set of NFTs produced by Telept’s AI exclusively for Telept City users is known as X-Native (Official Name on OpenSea ‘Telept City: X-Native’). The concept of X-Native project is based on benchmarking the visual version of Ethereum Name Service. The X-native collection is an ever-expanding library of NFTs created using the Telept AI. In addition to owning a piece of historic NFT art and an asset worth ETH, the primary advantage of owning X-Native is its social significance and exclusive privilege, as outlined in the X-Native roadmap which will be released on March, 23rd. It contains AI NFTs and X-Native Mystery boxes with exclusive IP on the Ethereum.

The beta version of X-Native’s NFT

The beta version of X-Native Mystery Boxes

As the CEO of Telept, Lika Lee believes that the value of an NFT will go beyond just its financial worth and has the potential to produce significant social value. “Decentralizing NFT production is the trend. With the growing adoption of NFTs, we are committed to making it easier for everyone to create them, whether the user is experienced with Web 3.0 or just getting started. We will take the first step of using AI and NFT technology to shape a new way of forming identity and personality representation, while also providing an unprecedented way for people to experience industry changes.” Lika Lee says. Telept expects to see even more application scenarios for NFTs once the labor required to create them has been reduced.

Telept City –  PC webpage, text adventure style NFT generation process Telept City

Telept City : A New Era of Empowered Digital Asset Creation

The NFT market has been experiencing tremendous growth in recent years, and the AI is poised to take this trend to new heights. In today’s digital landscape, these interactions are often expensive, intimidating and high entry barriers. Telept City is a platform that leverages AI to automate the NFT creation process, making it accessible for anyone to create unique NFTs. The platform uses a semi-customized set of text inputs, in the form of selected words or phrases, to generate an image with a wide range of styles. In the upcoming version, users will be able to actively participate in the creation of their own NFTs by giving simple text. The goal of Telept City is to democratize the process of creating NFTs and empower individuals to express themselves creatively through the use of AI technology, representing a significant stride towards a more decentralized and equitable digital future for the industry.

Further Thinking of the Telept City

Telept represents a revolutionary approach to NFTs, combining both blockchain and AI technologies to enable new forms of digital ownership and social interaction. The team will continue working towards its goal of empowering individuals, organizations, and communities by providing them with greater control over their data, on-chain identity, and social potential.

Can’t wait to unlock a world of limitless possibilities with AIGC NFT? Make an AI NFT to become a member of X-Native. For more information, visit Telept City’s Website.

About Telept

Telept is an all-in-one Socialfi Mobile DApp under the umbrella brand of a Stealth Startup. The company houses a number of products that span various categories that empowered with groundbreaking technologies. Telept makes building and launching Web3 projects easy from news feeds, groups, projects and more.

Socials:

Twitter
Discord
LinkedIn

Contact

CMO, Renee B., Telept Inc., renee@telept.xyz

The post Revolutionizing the NFTs- Telept City Launches Cutting-Edge AIGC NFT Platform for Web3 appeared first on The Home of Altcoins: All About Crypto, Bitcoin & Altcoins | Cointext.com.

Bitcoin Soars Over $25K and MEXC (MX) Hits Intra-Year High

Singapore, Singapore, 22nd February, 2023, Chainwire

With Bitcoin surging to reach a new 2023 high, MX has been the top performer in exchange tokens, with a 7-day growth of 32%.

Bitcoin’s price rising over $25,000 has sparked a frenzy of activity in the cryptocurrency market. With investors flocking to take advantage of the price gains, the trading volume for top exchanges has significantly increased.

As one of the leading exchanges, MEXC announced that its futures business made a significant breakthrough,  with an average daily trading volume growth of 1200%. 

KEY FACTS

BTC was recently trading at about $25,247, rising 16.61% in 7 days.  Bitcoin last traded over $25,000 in June 2022.
In the last two months, MEXC Coin (MX) has surged upwards, racking up an 81.82% increase and reaching a 7-month high of $1.44 on Feb. 16.
MX is currently trading at $1.21 with a 24-hour trading volume of $2,954,282.

WHAT IS PUSHING THE MX RALLY?

As of September 2022, MEXC has exceeded 10 million users, and the platform’s cryptocurrency liquidity has already ranked first in the world. MEXC’s deep liquidity works to support the MX token, providing investor confidence that positions can be entered and exited without deeply impacting the market price.
MEXC’s commitment to “User First, MEXC’s changing for you” has earned it recognition as one of the Top 10 Most Popular Cryptocurrency Services by Cloudflare. The ranking is widely considered the definitive report card on corporate influence worldwide, and also boosted the market recognition of MEXC and led to a surge in the price of MX.
The MEXC Launchpad presents an exciting opportunity for holders of MX to receive airdrops during initial listings. Recently, the platform introduced its latest Launchpad Project, DeHeroGame, which is a pioneer in GameFi 2.0 and utilizes NFT TCG technology. This launch has sparked high demand for MX staking.

Statement

“We never stopped focusing on our customers throughout the general market’s up and down,” said Andrew Weiner, VP of MEXC. “an important part of backing our customers is giving them confidence when they trade, so we’ve reduced our trading fees to the lowest in the market.”

MEXC has recently announced revised fees for trading on its platform. The new fee structure includes a 0% maker fee and a 0.03% taker fee for futures trades. The maker fee for spots is also 0%, with a taker fee of 0.1%.

On average, cryptocurrency trading platforms charge a fee rate between 0.02-0.06%. Following this rate adjustment, MEXC has become the platform with the lowest trading fees across the entire industry. Without a doubt, such competitive price rates are very attractive to most cryptocurrency users.

Contact

PR Lead
Antonio Wu
MEXC Global
antonio@MEXC.COM

The post Bitcoin Soars Over $25K and MEXC (MX) Hits Intra-Year High appeared first on The Home of Altcoins: All About Crypto, Bitcoin & Altcoins | Cointext.com.

Maison Hennessy Announces The Launch Of Web3 Platform H3nsy

New York, United States, 23rd February, 2023, Chainwire

Following exciting Maison Hennessy Web3 projects last year, including its first NFT-connected bottle and launch of Cafe 11 social club in partnership with Friends with Benefits DAO, Hennessy introduces H3NSY with a new brand mark, website and Twitter handle dedicated to the brand’s Web3 ventures and innovative practices. 

Hennessy, the world’s leading producer of cognac, has unveiled its latest initative in the Web3 space. The H3NSY eco-system, which features a new brand mark, website, and Twitter handle, reinforces the brand’s commitment to Web3 projects, collaborations, and innovations.

Over the past year, Hennessy has introduced several exciting Web3 projects, including the launch of its first NFT-connected bottle, H8, which saw the bottles sold via Blockbar for $250,000 each, another Blockbar drop with Paradis Gold, as well as the introduction of a cultural NFT social club, Cafe 11, in collaboration with DAO Friends with Benefits (FWB). Through Cafe 11 NFT holders are given access to a program of Hennessy cultural events, with the inaugural event taking place last December in Miami and more programming updates to be released soon. These initiatives have established Hennessy as a strong player in the Web3 space and a driving force for innovation in the industry.

With the launch of H3NSY, the 250-year-old cognac brand is taking its entrance into the blockchain universe one step further, allowing dedicated focus and communication around its endeavors and providing a hub for its community to learn about and engage with these initatives.

“For Hennessy.” explains Laurent Boillot, CEO of Hennessy, “Web3 extends past NFTs into traceability and other practices that will improve the future of our business. The introduction of H3NSY now allows us to put dedicated focus and communication around these endeavors and gives our community a place to connect with this new part of our business.”

The goal of H3NSY is to serve as a membership platform and hub for creators, cultures and communities, along with future NFT partnerships and Cafe 11 program annnouncements, Web3 bottle drops, and other blockchain innovations that the brand is currently investing in.

To learn more about H3NSY and the innovative work that Hennessy is doing in the Web3 space, visit the platform at www.h3nsy.com and Twitter handle, @h3nsy.

About Hennessy

The leader in Cognac, the Maison Hennessy has shone around the world with its exceptional know-how for more than 250 years. Built on founder Richard Hennessy’s spirit of conquest, the brand is present in more than 160 countries. Based in the heart of the Charente region, Hennessy is also a steadfast pillar of the regional economy. The Maison’s success and longevity are rooted in the excellence of it’s cognac, each of which is born of a unique process of transmission of know-how from generation to generation. The first spirits Maison to be certified ISO 14001, Hennessy unites its capacity for innovation and support of all of its partners to protect this exceptional area. As a crown jewel of LVMH Group, Hennessy is a major contributor to French international trade, with 99% of production sold in export, and a worldwide ambassador for the French art de vivre.
PLEASE DRINK RESPONSIBLY.

Contacts

Director, Michael O’Brien, North Six, mikey.obrien@northsix.com
Web3 Development Director, Danielle Barich, Hennessy, dbarich-ext@moethennessy.com

The post Maison Hennessy Announces The Launch Of Web3 Platform H3nsy appeared first on The Home of Altcoins: All About Crypto, Bitcoin & Altcoins | Cointext.com.

Trustlessly purchasing an NFT on Flare using the token of a different blockchain.

Dubai, UAE, 23rd February, 2023, Chainwire

The layer-1 for data, Flare, just completed a live demonstration of new interoperability functionality now available in beta on the network. Using two core interoperability protocols, State Connector and Flare Time Series Oracle (FTSO), an NFT was trustlessly purchased with the transaction taking place on a different chain using a different token. The demo was performed on Flare’s canary network, Songbird, with the purchase made using DOGE and XRP tokens.

Flare’s State Connector protocols enable information, both from other blockchains and the internet to be used securely, scalably and trustlessly with EVM-based smart contracts on Flare chains. In this case, it has been used to prove that a transaction has been confirmed on a non-Flare chain and simultaneously verify the correct payment reference was included.

The Flare Time Series Oracle delivers highly decentralized price and data feeds to dapps on Flare, without relying on a centralized provider to bring the data on-chain. For the demonstration, it provides the live updating price of the NFT in the currency of the other chain.

As Flare is an EVM-based blockchain, everything that can be achieved on Ethereum and other EVM chains can also be performed on Flare. The NFTs minted in the demo are therefore standard ERC721 contracts written in Solidity and deployed on the network. The only changes required were the addition of methods to integrate with the FTSO and State Connector.

Hugo Philion, Flare CEO & Co-founder, said, “This demo highlights Flare’s ability to provide  more types of secure, decentralized data on-chain in order to power new functionality and potential use cases for the industry. The NFT demo is one example of the web3 utility Flare can unlock for legacy tokens, enabling them to be used trustlessly in dapps on the network. We are excited to see what other applications engineers can develop, harnessing the capabilities of Flare’s native interoperability protocols.”
Demo Video: https://www.youtube.com/watch?v=g0qxxm2EZjw

About Flare

Flare is an EVM-based Layer 1 blockchain that gives developers decentralized access to high-integrity data from other chains and the internet. This enables new use cases and monetization models, while allowing apps to serve multiple chains through a single deployment.

Flare’s State Connector protocols enable information, both from other blockchains and the internet to be used securely, scalably and trustlessly with smart contracts on Flare.

The Flare Time Series Oracle delivers highly-decentralized price and data feeds to dapps on Flare, without relying on centralized providers.

Build on Flare with more data than ever before or build with Flare to serve multiple ecosystems.

Website   |   Twitter   |   Telegram   |   Discord

 

Contact

Nadav
nadav@marketacross.com

The post Trustlessly purchasing an NFT on Flare using the token of a different blockchain. appeared first on The Home of Altcoins: All About Crypto, Bitcoin & Altcoins | Cointext.com.

Satoshi Nakamoto’s last unfinished project inspires this new online marketplace disruptor in the crypto space

Zurg, Switzerland, 23rd February, 2023, Chainwire

A fork of Bitcoin, known as Particl, has announced the completion of an eBay-style marketplace that’s been integrated into its wallet. Built using blockchain smart contracts, the marketplace is derived from an original concept first proposed by Satoshi Nakamoto.

Particl’s latest release forms a trustless, unstoppable marketplace where buyers and sellers can trade goods without the risk of getting scammed. It features zero fees and encrypted chat messages between buyers and sellers alongside ring signatures and blinding to provide greater transactional privacy than Monero.

Bitcoin’s creator vanished in 2011 after being invited to meet the CIA. His last email stated, “I’ve moved on to other things.” Before he disappeared, Satoshi was working on a marketplace built into Bitcoin. Now, a working version of this technology has been quietly released by an anonymous team of developers. Satoshi’s original Bitcoin source code included an unfinished marketplace in line 69 of the headers file. “I was trying to implement an eBay-style marketplace built into the client,” he said in a 2011 email to Mike Hearn.

During the Covid pandemic, the sale of many essential items was restricted on traditional platforms like Amazon and eBay due to price gouging rules. As a result, sellers took advantage of Particl’s decentralized governance system which offered no such selling restrictions. Items such as thousands of units of PPE, hand sanitizer, and Covid test appeared on the platform. During the Hong Kong student protests, items such as full-face gas masks and protective gear were listed. The first Tesla car was even listed for sale, well before Elon Musk took an interest in crypto.

The Particl marketplace currently only lets users pay in PART, its native currency. However, project developers are working on a mechanism to support direct payments in Monero, PIVX, FIRO, Dash, USDT, Litecoin, and Bitcoin later this year. There are plans to ultimately allow payment in almost any cryptocurrency thereafter, making Particl a truly crypto-agnostic marketplace.

About Particl

Particl is an Amazon, eBay and exchange disruptor. The project was started in 2014 and its foundation was established in Zug Switzerland in 2017. A portal view of the marketplace is available at particl.store, while to buy and sell items users can download Particl Desktop at particl.io. The Particls DEX, BasicSwap, can be downloaded at basicswapdex.com .

Further information can be found on the FAQ or by contacting spokesperson Dr. Kapil Amarasinghe at hello@particl.io.

Contact

Spokesperson, Kapil Amarasinghe, hello@particl.io

The post Satoshi Nakamoto’s last unfinished project inspires this new online marketplace disruptor in the crypto space appeared first on The Home of Altcoins: All About Crypto, Bitcoin & Altcoins | Cointext.com.

Gaming Community Investors Flock to Support Metacade – The “By Gamers, For Gamers” Platform

Research by Crypto.com projects enormous growth in the GameFi industry over the next few years, eventually growing to 10 times the size of traditional gaming by 2025. This presents a considerable opportunity for GameFi crypto platforms to reap rich dividends as they jostle for position to take the lead in a growth industry with their appeal to the gaming community.

Gaming community investors are flocking to support the new GameFi crypto project Metacade. The community-led platform is looking to reward early investors as it looks set to play a transformative role in the GameFi crypto sector.

The stratospheric growth of GameFi

The GameFi industry began to take flight during the COVID-19 pandemic as lockdown conditions kept everyone at home. As people looked to online gaming to provide them with entertainment opportunities, those at the start of the GameFi movement stood to benefit from their novel play-to-earn (P2E) mechanisms.

As lockdown conditions across the globe began to ease, GameFi adoption among the gaming community continued to grow to the point where it now looks set to eclipse more traditional gaming methods within the next couple of years.

Although still a new industry, particularly compared to console and PC gaming, GameFi’s unique capabilities and rich potential to offer gamers rewards outstrip the offering of standard gaming platforms. This has led to the GameFi industry ballooning from nothing to a multi-billion dollar industry in just a few years.

What is Metacade?

The GameFi sector is an increasingly competitive market. However, a new virtual arcade platform, Metacade, is ideally placed to become a market leader in the P2E crypto gaming sector. It aims to become the world’s first community-led metaverse arcade, offering a vast array of classic arcade titles alongside the best in Web3 games with outstanding P2E mechanics.

As well as offering the gaming community an unrivaled selection of gaming titles, Metacade plans to place the users at the front and center of the platform. Positioning itself as the “by gamers, for gamers” platform, users are incentivized to contribute to creating the biggest and most interactive metaverse gaming community hub. Each time they post social content to the hub, whether in the guise of a game review or piece of alpha, they stand to earn crypto rewards.

This forms part of Metacade’s innovative Create2Earn scheme, just one of three additional earning sources that stand alongside the traditional and primary P2E engine.

What is MCADE and how does it work?

Metacade is fueled by the native MCADE token, powering all transactions and activity on the platform. Revenue will flow into the platform’s multi-signature wallet from external and internal sources as part of Metacade’s self-sufficient ecosystem.

The community of MCADE token holders can contribute through staking tokens to enter into online tournaments and prize draws. In addition, users can experience one of the many pay-to-play titles, just as they would in a real-world video arcade, with the proceeds being fed into the Metacade ecosystem.

Meanwhile, external funding will come from the sale of advertising space on the hub. There will be opportunities for Web3 companies to advertise work vacancies from Q1 2024, as part of the platform’s Work2Earn feature, and further fees for external companies that release their games on Metacade.

Metacade: Driving the GameFi crypto revolution

Metacade’s pioneering Metagrants program is one of the many features that make Metacade unique in the GameFi crypto space. As well as driving innovation in Web3 development, the scheme is at the center of the platform’s community-minded ethos.

Designed to promote the creation of new P2E titles exclusive to Metacade, developers can submit ideas for consideration by the gaming community for new games. Each submission is voted on as part of a regularly occurring pool, with the most popular ideas gaining crypto funding – a Metagrant – to support their endeavors.

Metacade benefits from the regular release of exciting new games that help to evolve the platform. Indeed, these voting rights form a crucial part of Metacade’s devolution of power from the project team to its community, as part of the transition toward becoming a complete DAO by Q4 2024.

Meanwhile, the wider Web3 community benefits from access to the biggest innovators in the industry, fresh from gaining development experience in a real-life crypto environment.

Can MCADE reach $5 in 2025?

The rich potential offered by Metacade’s roadmap is apparent, and these exciting plans have drawn investors to its presale in their droves. This excitement, combined with the overall projected growth in the GameFi crypto sector, has led analysts to suggest that $1 is achievable this year.

This could continue in the coming years, with expected bull market conditions in 2024 and 2025, which could push MCADE beyond the $5 barrier.

MCADE: The gaming community for gamers, by gamers

If any further illustration of MCADE’s potential is required, the speed at which the presale has been selling out since its release at $0.008 has been astonishing. After selling over $5 million worth of tokens in the first 10 weeks of its presale, the total investment in the project has reached the eye-watering sum of $7.2m.

With investors flocking to buy MCADE at an ever-increasing rate, analysts are predicting a surge in demand and an increase in the price of MCADE tokens when it hits the exchanges. The current price of $0.014 represents a must-buy opportunity for investors before the presale sells out.

You can participate in the Metacade presale here.

The post Gaming Community Investors Flock to Support Metacade – The “By Gamers, For Gamers” Platform appeared first on The Home of Altcoins: All About Crypto, Bitcoin & Altcoins | Cointext.com.


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