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Green Hemp Asia: Integrating Blockchain Technology With Green Initiatives

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Green Hemp Asia: Integrating Blockchain Technology With Green Initiatives

Decentralised finance has taken over the world as the next best thing in the history of economics. The pandemic accelerated the usage and awareness of cryptocurrency as more and more people started to look for alternate ways to earn money. Even though some people are laggards when it comes to breaking out of conventional ways, they are obliged to adapt to new evolutions and not be left behind in the long run. The future is driven by innovative technology and the use of blockchain is maximised in almost every field. This leads to a community-driven, trustworthy and collaborative world. Green Hemp Asia is a company that has its aims on a similar narrative. 
What is Green Hemp Asia?
Green Hemp Asia (GHA) is located in Singapore with cooperative companies in China, the USA, France, Australia among other places. The company focuses on the application of technology that will connect hemp and blockchain. The GHA Online aims to develop innovative and extensive decentralised finance pools, NFTs, and blind boxes. The platform will also build and sell NFT services, trading outlets and exclusive GHA GameFi RPG multiplayer games.  
Other initiatives of GHA
GHA has offline development for carbon dioxide extraction CBD, biosynthetic CBG, pet supplies, carbon trading, healthcare products,  building materials, textiles, alternative plastics, and a hemp integrated trading platform. Apart from this, there is a GHA token circulation across the system which will also support other scopes of the token like trading, traceability and so on. 
With the support and supervision from the government and other agencies, GHA is using the new and advanced planting green harvesting, biosynthesis technology using blockchain applications. They are also involved in creating a top-down integrated industrial chain that will function online and offline. 
To know more about GHA, visit: www.ghatoken.com

Daikokuten: A Crypto To Help With Financial Crisis In This Pandemic

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Daikokuten: A Crypto To Help With Financial Crisis In This Pandemic

What is Daikokuten Sama Finance?  Daikokuten Sama Finance is an initiative supporting global financial growth and wellbeing with a community-driven approach. It has aimed to empower each and everyone associated with it to be in control of their money and make progressive decisions for their future. With the context of focus being financial independence by

What is Daikokuten Sama Finance? 
Daikokuten Sama Finance is an initiative supporting global financial growth and wellbeing with a community-driven approach. It has aimed to empower each and everyone associated with it to be in control of their money and make progressive decisions for their future. With the context of focus being financial independence by paving ways to create wealth opportunities. 
The $DKKS is a deflationary token that has a 10% tax on every sale. 
The problems in today’s finance
The pandemic has robbed people of their jobs and many are receiving pay cuts without incentives. As we are in the middle of an economic crisis, we have to look forward to a proactive solution that will sustain the technology of the future. There is a need to bring in passive income streams and dynamically invest for the future. 
The solution by Daikokuten Sama 
Daikokten Sama ($DKKS) was launched in August 2021, with an intention to provide people with passive income to get them through this financial dip. This project will help people be financially independent and will help them exercise self-control. Being a symbolism of the God of Luck who is also the leader of the 7 Japanese Gods, Daikokuten Sama finance is set to do something really good. 
Features of Daikokuten Finance
Marketplace
In the inbuilt marketplace of Daikokuten Finance, people can use $DKKS to purchase goods and services. 
Education 
The community will also get free educational content with high quality. 
Finance 
The finance platform of Daikokuten Finance is a place to trade and swap coins and tokens. There are also flash loans, staking and NFTs. 
It also rewards weekly and monthly with the Daikokuten lottery. The company has also partnered with sports and music channels. There is a built-in platform to play games and earn NFTs. 
To know more about Daikokuten, visit: https://www.daikokuten.finance/
Join their Telegram Community – https://t.me/dkks_news 

A Crypto To Help With Financial Crisis In This Pandemic – Cryptonewspan

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A Crypto To Help With Financial Crisis In This Pandemic – Cryptonewspan

What is Daikokuten Sama Finance? 

Daikokuten Sama Finance is an initiative supporting global financial growth and wellbeing with a community-driven approach. It has aimed to empower each and everyone associated with it to be in control of their money and make progressive decisions for their future. With the context of focus being financial independence by paving ways to create wealth opportunities. 

The $DKKS is a deflationary token that has a 10% tax on every sale. 

The problems in today’s finance

The pandemic has robbed people of their jobs and many are receiving pay cuts without incentives. As we are in the middle of an economic crisis, we have to look forward to a proactive solution that will sustain the technology of the future. There is a need to bring in passive income streams and dynamically invest for the future. 

The solution by Daikokuten Sama 

Daikokten Sama ($DKKS) was launched in August 2021, with an intention to provide people with passive income to get them through this financial dip. This project will help people be financially independent and will help them exercise self-control. Being a symbolism of the God of Luck who is also the leader of the 7 Japanese Gods, Daikokuten Sama finance is set to do something really good. 

Features of Daikokuten Finance

Marketplace

In the inbuilt marketplace of Daikokuten Finance, people can use $DKKS to purchase goods and services. 

Education 

The community will also get free educational content with high quality. 

Finance 

The finance platform of Daikokuten Finance is a place to trade and swap coins and tokens. There are also flash loans, staking and NFTs. 

It also rewards weekly and monthly with the Daikokuten lottery. The company has also partnered with sports and music channels. There is a built-in platform to play games and earn NFTs. 

To know more about Daikokuten, visit: https://www.daikokuten.finance/

Join their Telegram Community – https://t.me/dkks_news 

NFT Social Network Showtime Partners with Polygon Studios – Cryptonewspan

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NFT Social Network Showtime Partners with Polygon Studios – Cryptonewspan

 

Showtime users can now create and mint NFTs without paying any gas fees, thanks to Polygon
DUBAI, UAE / ACCESSWIRE / August 26, 2021 / Polygon, an ethereum-based full-stack scaling solution has today announced that Showtime, one of the biggest non-fungible token (NFT)-based social media platforms, allowing anyone in the Showtime community to create and mint NFTs for free has partnered with Polygon Studios.
Polygon is the most adopted scaling solution of choice for developers. They work with the majority of today’s top blockchain-based Web 3.0 games and NFT projects, including Decentraland, Opensea, Sandbox, Somnium Space, Animoca, Decentral Games. Polygon’s ethereum scaling solutions also boast over 13.5 million unique users and have facilitated more than 350 million transactions.
Launched in March this year, Showtime has become the ‘Instagram for NFTs’ with a vibrant community of digital artists and collectible enthusiasts embracing social networks from all over the world. The platform – which received $7.6 million in funds in April from crypto-investment firms Paradigm and DJ 3LAU – allows users to follow creators and collectors, browse personalized news feeds, discover trending NFTs, and engage with artists through like, comment, and share features.
Now that their NFTs have a home on the Polygon PoS network, Showtime users will be able to create NFTs that will be featured on popular NFT marketplaces, like Opensea, Foundation, and hicetnunc (HEN), where they can be bought and sold.
Users can easily create an NFT by signing a transaction with their crypto wallet (such as Metamask, Coinbase Wallet, and others), then they can mint a unique copy of the NFT or multiple copies (up to 10,000), without paying any gas fees.
Alex Masmej, Co-Founder and CEO of Showtime, and the man known for tokenizing himself said: “We’re bringing together two of the most transformative innovations of our times – social media and NFTs. Now, with the power of Polygon, we’re reimagining the economics of content creation and distribution. This will play a significant role in opening up the NFT marketplace to more creators and collectors around the world.”
Sandeep Nailwal, Co-Founder of Polygon, added: “This is another great example of how the biggest innovators are choosing Polygon’s fast, easy, economical, and accessible technology. It’s exciting to see transformative applications, like Showtime, empowering the world’s creators to develop and monetize their content through the rapidly growing NFT ecosystem.”
Later this year, Showtime will launch a range of marketplace features, allowing anyone to create NFTs from their email address, list NFTs at a fixed price, buy NFTs with USD and other fiat currencies, and sell NFTs on the Polygon network.
To celebrate Showtime joining Polygon, the social network is dropping exclusive NFTs to 22,000 ETH addresses that will be able to claim in one of the largest NFT launches ever.
The ability to create and mint NFTs through Showtime on Polygon is initially available by request, and will be open to the public in September.
About Showtime
Showtime is a social network where users can discover, like, comment and share NFTs. Showtime was launched in March 2021 and instantly became the place for digital artists and collectible enthusiasts to show off their collections.
Website | Twitter | Instagram
About Polygon Studios
Polygon Studios is the Gaming and NFT arm of Polygon focused on growing the global Blockchain Gaming and NFT Industry and bridging the gap between Web 2 and Web 3 gaming through investment, marketing and developer support. The Polygon Studios ecosystem comprises highly loved games and NFT Dapps like OpenSea, Upshot, Aavegotchi, Zed Run, Skyweaver by Horizon Games, Decentraland, Megacryptopolis, Neon District, Cometh and Decentral.Games.If you’re a game developer, builder or NFT creator looking to join the Polygon Studios ecosystem, get started here.
Website | Twitter | Telegram
About Polygon
Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting Secured Chains like Plasma, Optimistic Rollups, zkRollups, Validium, etc., and Standalone Chains like Polygon POS, designed for flexibility and independence. Polygon’s scaling solutions have seen widespread adoption with 450+ Dapps, ~350M txns, and ~13.5M+ unique users. To learn more, visit Polygon’s website and be a part of its social media communities.
Website | Twitter | Ecosystem Twitter Studios Twitter | Reddit | Telegram
PR Contact:
[email protected]
For more information, please contact:
Pedro Park
Cryptoland PR | http://cryptolandpr.com/
[email protected]
[email protected]

SolidProof Offers Free Audit for DeFi projects in a Community Tournament

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SolidProof Offers Free Audit for DeFi projects in a Community Tournament

German-based audit company SolidProof has just kickstarted a free audit program for DeFi projects. The firm sets out to show appreciation to its supporters by launching a free audit tournament. 

The community will have an opportunity to vote for the projects they find most suited to get a free audit and report. The announcement comes after Solidproof has successfully audited the BSC-based CyberRacing project.

Protecting Project Investors and Users

The DeFi market has been hit hard by many challenges, but fraud-related cases are the most evident. The space has seen new inventions and innovative companies that are looking to curb this issue. 

Solidproof uses auditing and KYC procedures to build trusted blockchain-based DeFi projects, unlike other companies that offer just one of them. The auditing procedure renders a project genuine, and hence the investor is assured of safety. 

The audit company determines a user’s identity and establishes that their funds’ sources are legit KYC services. However, you should note that the DSGVO regulation guards the data against unauthorized access, so there is little to no leakage.

Projects Voting Details

To vote for the projects, you have to follow SolidProof on their Telegram and subscribe to all their social networks; Twitter and Facebook.

Once you have checked all the eligibility boxes, you can then apply to participate. You will be required to submit an application through this google form. Once submitted, there will be a week of voting on Twitter and Telegram for everyone who has applied to participate. Over the week, various projects users will vote projects in or out. Those who voted in will receive a free audit and the confirmations posted on Twitter. You can check more details about the tournament here

So that more people are motivated to vote for their project, there is a 5 x 100 USDT giveaway. Also, the participants will randomly receive prizes after the tournament completion.

SolidProof Auditing Services are Top-Notch

SolidProof, without a doubt, offers trustworthy and seamless auditing with minimal errors. Defi providers get a chance to secure their smart contracts.

The first step when auditing a project is the communication phase. This is where the exciting project sends a non-binding request and code to SolidProof. The company will then assess the project and invoice a personalized offer to the client. 

When given the go-ahead, the auditing team will then review the code a couple of times to identify vulnerabilities that could render the project prone to hacking or any other form of attack. The vulnerabilities are ranked between critical, medium, and low and sent back for fixing.

The SolidProof team ensures that it works with the project developer to ensure that all issues get fixed. After that, another audit takes place. Once the code is satisfactory, the audit company offers an audit certificate that shows the project has been audited and is free from attacks.

Get in Touch

To participate in the auditing voting, remember to follow Solid Proof on their social media pages below. You can also scour more information on the poll whenever they update the information. 

Group: Click Here

Twitter: Click Here

Facebook: Click Here

Website: Click Here



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SIGNAL, the Blockchain for 5G Network

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SIGNAL, the Blockchain for 5G Network

SIGNAL has designed a blockchain around a self-verifying network of gateways that  provides message provenance, microtransactions, and open access to anyone. A  technology that uses blockchains and tokens to incentivize user and businesses to  run 5G version of its network.
It is expected to meet the needs of high throughput and serve complex,  decentralized, high-performance 5G inter-connectivity, creating environments that  will enable the next era of technological innovation, products, and services — the  Internet of Things (IoT), Smart Cities, Smart Manufacturing, Cloud VR/AR, and  Healthcare.
Besides that, SIGNAL provides an integrated distributed ecosystem with seamless  5G access, which includes a complete distributed deployment architecture, smart  contract system, security system, and layered consensus mechanism. The system  can meet the needs of high-throughput and complex, decentralized, highperformance 5G application scenarios and promote the 5G blockchain business  ecosystem.
In the SIGNAL network, node miners are require complying with the Proof-ofCoverage protocol which the SIGNAL network and other node miners audit and  verify. We use a Proof-of-Serialization to ensure that node miners are correctly  representing their time in relation to others on the network and obtain  cryptographic proof of dishonest behaviour.
SIGNAL AI and Blockchains would allow wireless devices to make more dynamic and  flexible use of different frequencies within the wireless spectrum, enabling billions  of devices to connect to 5G networks at once. SIGNAL decentralised architecture  protects device identity. Using a decentralised Blockchain protects these identities  through the use of asymmetric cryptography and secure hashing algorithms.  Devices are registered according to their corresponding Blockchain addresses,  guaranteeing their identity.
As Blockchains cannot and should not store everything, next-generation IoT devices  now possess enough local processing and storage to exhibit the intelligence  required to sort through data to store or transmit only meaningful information.  Where local data is necessary but too voluminous to be stored in-chain, an  intermediate solution is to store the data locally and insert a link to the data along  with its hash on-chain. SIGNAL will be integrated decentralized solutions that well  suited for such an architecture, like IPFS, the InterPlanetary File System.
As Elon Musk wants to launch DOGE-1 to the moon in the first quarter of 2022, this  mission will demonstrate the application of cryptocurrency beyond Earth orbit and  set the foundation for interstellar commerce. Throughout the inspiration, SIGNAL  will expand its Blockchain network with decentralised satellite infrastructure (DSI)  to offers future space-as-a-service for modern businesses, expanded security and  cost reduction via automated LEO satellite constellations will facilitate further  exponentiation of digitized currency.
We believe that the integration of real-world hardware with a blockchain and a  native token is a novel and valuable innovation that can be applied to other kinds  of networks and wireless physical layers. The future of blockchains is not about  who has the most hashing power or access to the cheapest electricity, but about  blockchains where the mining proof is tied to providing a valuable, verifiable  service.
Website :https://www.bitdogex.com

Shivom Announces Rebrand to HLTH.network to Build Global Tokenized Healthcare Ecosystem

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Shivom Announces Rebrand to HLTH.network to Build Global Tokenized Healthcare Ecosystem

LONDON, UK / ACCESSWIRE / August 26, 2021 / Shivom rebrands as the HLTH.network to become the base layer protocol for global health data and expand its product line.

Founded by renowned scientists such as Harvard Professor George Church, Shivom, a project that developed the world’s first blockchain-powered genomics marketplace, announced today that it would rebrand as the HLTH.network (pronounced the “Health” Network). This rebranding move is just the start of a new era in the global precision medicine industry, as the HLTH.network is set to release an all-new and inclusive ecosystem around their existing solutions to create the world’s first base layer protocol for global healthcare data.
While successfully building the technological framework to make a fairer, more efficient, and tokenized healthcare a reality, the Shivom team recognized that traditionally not only sharing genetic data is inadequate, but the whole digital health industry had inefficiencies. These problems ranged from siloed data, data vulnerabilities, and missing interoperability, to excluding the patients from most processes.
The global healthcare industry is worth over $10T and the data industry is estimated to be over $4T. However, there are many problems in the healthcare data industry. Data is often misused or sold without consent. Because of the individualistic nature of countries and corporations, it is difficult to transfer and share information between different entities. Data is stored and utilized in many ways, making interoperability impossible. Information becomes fragmented and stuck. If the data does manage to cross the border, it can be hard to verify its authenticity.
“Our healthcare systems are broken. The Covid-19 pandemic has exposed a global system that is structurally incapable of dealing with complex problems, leaving many patients behind,” said Dr. Axel Schumacher, co-founder, and CEO of the HLTH.network. “Adding the ‘Network’ in our name reflects our goals and values. Although we built the technological ‘nucleus’ of a larger health infrastructure that supports data sharing and medical services in all their forms, fixing our healthcare systems is a combined effort that needs the participation of innovators, patients, and entrepreneurs from all around the world. The name HLTH Network more clearly reflects this.”
HLTH.network is expanding. After three years of research, building, and innovating genetic data sharing and consent management methods, the organization is now offering numerous innovative genomic and healthcare-oriented marketplaces. These range from data analytics, e-commerce, AI methods, and precision medicine, to genome non-fungible tokens (NFTs). The new solutions will integrate into the current genomic analysis pipeline that Shivom (now HLTH.network) currently offers.
The rebrand also comes with the announcement of ‘Phase II’ of building a global tokenized healthcare ecosystem, where the HLTH.network is broadening its scope beyond genomic data. New additions to the ecosystem are specifically designed not just to optimize and backward integrate the current solutions, but also to tackle the entire $10 trillion healthcare vertical.
Ultimately, the HLTH.network’s objective is to empower the individual. By establishing a global health database to protect patients and their information, the network facilitates open and fast data transfer across borders and jurisdictions. The blockchain is an integral part of this endeavor, and the HLTH.networks aims at bringing all blockchain efforts and healthcare tokens under one umbrella. Doing so avoids redundancies and fragmentation of the digital healthcare field, enables people and organizations to tokenize healthcare, and makes it cheaper, faster, fairer, and more efficient.
The Shivom team has learned, reflected, and redefined how a blockchain solution to global healthcare should be designed. It’s called the HLTH.network, and it is here to stay, redefining the health data economy and precision medicine.
About The HLTH.network
HLTH.network will be the world’s first base layer protocol alongside aggregating all health data into one world repository to increase accessibility, usability, interoperability, and clinical research on a global scale. Integrating this repository with the blockchain gives users sovereign ownership over their data and increases transaction efficiency. The blockchain is transparent, secure, and functions across jurisdictions, creating a more fair data-sharing environment. The HLTH ecosystem includes data analytics and AI as well as e-commerce and genome NFTs.
Visit the HLTH.network Website: HLTH.network
Join the HLTH Telegram Community
Follow HLTH on Twitter
Join the SubReddit
Follow HLTH on LinkedIn
For further information please contact [email protected]
PR Kit

AppZaloot: A Disruptive Social Media App Puts Social Back into Local

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AppZaloot: A Disruptive Social Media App Puts Social Back into Local

Many of us enjoy the convenience of using social media to stay in touch with our friends and family network. Well there is no free lunch in life, the services come at a price. Traditional social media gather our information and create hyper-targeted advertising which generates the majority of revenue. These are invasive ads, which are irritating and can interfere with the experience. 

Furthermore, existing e-commerce and delivery services lack appealing and tangible rewards to motivate their customers for this.  Faced with this situation, users yearn for a different option. And this is the reason why AppZaloot has been developed.

AppZaloot is a new social media platform, a disruptive app that will refine community interactions. AppZaloot aims to enable location-based information sharing that transforms the social media landscape and current delivery platforms.

Our team is committed to promoting compassion, not greed, to benefit the many, not the few. AppZaloot’s mission is to link and empower local communities on a global scale. It takes the idea of corporate social responsibility to a higher level by enabling positive change towards the common good of humanity and our environment and giving back to communities through the platform.

Features that set AppZaloot apart

  • Location-based social media app: AppZaloot offers location-specific information to users. This feature enables users to connect with people around their local and selected areas. With AppZaloot, users can share news, recommendations and access real-time information relevant to them. It is also a great way to connect with the local communities wherever you travel around the world.
  • Local, global, friends based feed: AppZaloot has 3 separate feeds, local where you choose your radius to find out what’s going on around you. Friends, a place for you to connect with your friends anywhere in the world with no advertising in the feed.  Then the Global feed which is a place to follow your favorite celebrity, sports club, Influencer etc.
  • A dedicated advertising feed designed around geolocation: This feature enables users to find location-specific advertising from various traders within the local area, including last minute special offers.
  • Emergency Alert System: the emergency alert feature enables local councils or Emergency Departments to alert users of any localised problems. Through these announcements, users can take appropriate action to remain safe. Emergencies can range from those involving weather, accidents, fire to a missing child.  This alert system works anywhere you travel in the world.
  • Part of the revenue goes to active local community-based projects: a specific percentage of advertising revenue goes to local communities. Further development of the app will enable community members to create and vote on projects to receive funds.

Zaloots Token (ZLOOT)

AppZaloot’s utility token is Zaloots, and holders of this token can enjoy the features available on AppZaloot. Zaloots is a BEP20 token connected to Binance Smart Chain.

For settlements on AppZaloot’s multi-level rewards program, Zaloots will be the payment choice. The token will enable each app user to earn money based on their behaviors. Zaloots will also benefit users and advertisers when carrying out transactions. Besides being a utility token of AppZaloot’s ecosystem, the Zaloots token will be an instrument for community governance.  

In October, Zaloots will be listed on three decentralized exchanges. Upon completion of the IDO, the token will be distributed amongst the company founders, Keystone, pre-sale, and IDO buyers.

Token Distribution

Token amount: 1,000,000,000

Limited Keystone sale: 25,000,000 @0.03$USD subdivided as follows:

  • 10% unlocked upon listing
  • 30% unlocked 3 months after listing
  • 30% unlocked 6 months after listing
  • 30% unlocked 9 months after listing

Pre-sale: 100,000,000 @0.05$USD; subdivided as follows:

  • 20% unlocked after listing
  • Linear unlock 10% per month till 8 months after listing

Main sale: 375,000,000 @0.08$USD, no locking.

The  keystone is open now. Register here: Click Here.



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Comedian Launches His Own Cryptocurrency, BretCoin

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Comedian Launches His Own Cryptocurrency, BretCoin

Bret Raybould is many things: stand up comedian, jazz impresario, podcast host, and now…  he’s a cryptocurrency. 

That’s right.

The TikTok famous comic known for his hour special “Bret Raybould Retires From Comedy” (watch here) just launched BretCoin, officially making him the World’s First Publicly Traded Comedian.

He started with an IBO – Initial Bret Offering – of 100k tokens valued at 12 cents per token. For the first time ever fans and followers will be able to “put their money where his mouth is” and bet on the upstart comedian’s success. 

“I’m never going to stop doing comedy so you’re pretty much making a bet that I’ll get more famous than where I am right now… And I quite literally can’t get less famous,” Bret said.

All of the funds raised through the cryptocurrency will be going toward producing Bret’s movie Race: The Movie (it’s about race). 

The script for it won top honors for Best Comedy at the Script Pipeline First Look competition, beating out 5500 other scripts.

“When we sent it out, most managers and producers said some version of ‘It’s funny but we don’t want to be the ones to make it,’” Bret said.

“In the same way that crypto affords people freedom from traditional financial institutions, I believe artists having their own crypto can afford them freedom from traditional creative institutions.”

Here are some of the fundamentals:

What actually is BretCoin? 

BretCoin is an ERC-20 token built on the Ethereum blockchain with a fixed supply of 21 million and one – which is just one more than BitCoin.

“We did it to one up BitCoin,” Bret said.

It functions as a storage of value for investors, although Bret is actively looking for other capabilities for the token as he grows it/his career.

“You have to understand, I’m just one guy and don’t have a tech team or too much money behind this – not yet at least.”

Tokenomics of BretCoin 

BretCoin is immune to market manipulation, rug pulling and other forms of uninvited fiscal activities. The Initial Coin Offering or Initial Bret Offering will be one million coins to be dropped at a later date the day he films his next special, currently tentatively called Bret Raybould Goes Public

One BretCoin will be minted every time a transaction of any value takes place.

“We did this to make it clear that we are going to do right by investors. The supply can only exist if it outpaces demand, which makes us unable to do any financial tomfoolery.”

——

Investing in BretCoin just might be a once-in-a-lifetime opportunity. In the same way that DOGE started as a joke and took over the crypto world, a comedian doing this could have huge potential. 

“Listen, this is a way to build generational wealth for you and your family,” Bret said. “It’s why we say that BretCoin is headed ‘To The Sun’ (not the moon because that’s simply not ambitious enough),

To know more about BretCoin and invest, visit: http://bretcoin.org/

Now trading on UniSwap. Here is its custom token address: 0x44e337bbca036db02e3a45fadd61e702560db7b9

To watch his hour special and subscribe to his YouTube, click here.

Filecoin and Polygon Deploy Interoperable Bridge To Expedite Web 3 Development

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Filecoin and Polygon Deploy Interoperable Bridge To Expedite Web 3 Development

Polygon and Filecoin announce cross-compatible bridge and extend free storage to encourage the development of Web 3 infrastructure

DUBAI, UAE / ACCESSWIRE / August 21, 2021 / Polygon, an Ethereum scaling full-stack solution bringing mass adoption to the Ethereum platform, has today announced a cross-chain bridge to decentralized storage network Filecoin to accelerate Web 3 interoperability between both ecosystems. The bridge will connect Filecoin and Polygon data stores and allow ecosystem projects pro gratis usage of the bridge and storage to encourage cross-platform development.

With the majority of DeFi bluechip Dapps such as Sushiswap, Curve, Aave, Balancer, Kyber already using Polygon as their preferred scaling solution, adding a Polygon-Filecoin bridge was the next logical step to aid collaboration and composability between blockchain-based systems.

The fully functional storage bridge was recently created by open-source IPFS-based storage toolkit Textile to create an efficient way for Polygon developers, applications, smart contracts, and NFTs to integrate and harness Filecoin-based storage.

Textile’s release offers a fully functional storage bridge that allows developers to efficiently store data from any Polygon address without any new signups, secrets, or API keys – a first for the network. The bridge enables a simple, permissionless storage endpoint for developers and their Polygon application users. Currently, it is operational on the Polygon mainnet and Mumbai testnet. In addition, Textile has a roadmap to gradually increase the usability of the bridge, and eventually, to decentralize governance of the bridge.

Juan Benet, founder of Filecoin, said: ‘We’re thrilled that our work with Textile is opening so many inroads for projects to build out the cryptocurrency sector and delighted to be able to now offer Polygon developers access to free and decentralized storage. Building infrastructure to support the growth of the Web 3 is integral to encourage user adoption and enhance user experience.”

Interoperability will enable an entire host of new Web 3 applications by allowing developers to combine capabilities from different blockchains to meet their particular needs. Through the cross-chain bridge, Filecoin will bring greater functionality to Polygon applications that require decentralized and verifiable storage. This will be especially relevant to the 170+ and growing NFT and gaming projects building on Polygon.

Polygon has become the blockchain of choice for NFTs, NFT marketplaces, and blockchain games. Its ultra-low transaction fees and sustainable Proof-of-Stake (PoS) consensus mechanism make Polygon a more practical and economical option for activities such as minting and trading NFTs. Polygon Studios already works with the majority of today’s top blockchain-based Web 3.0 games and NFT projects, including Decentraland, Opensea, Sandbox, Somnium Space, Decentral Games, and has 5x more gaming and NFT Dapps than any other chains outside of Ethereum main chain at around 300+ gaming and NFT Dapps.

Sandeep Nailwal, co-founder of Polygon, said: ‘Engendering cross-platform compatibility is at the heart of what we’re trying to achieve at Polygon. Interoperability between separate blockchains is just as important as scaling these systems – particularly as we move toward onboarding the next billion users to the Ethereum network and the broader Web 3.”

“The Filecoin-Polygon bridge will further that mission by supporting developers via free storage and access to both ecosystems,’ Nailwal added.

The Filecoin-Polygon bridge will enable these newly connected communities to create new cross-compatible applications, driving towards new kinds of product-market fit in the decentralized world. Both Polygon and Filecoin are only just beginning to explore the possibilities of their respective protocols.

To get started on the bridge deployment on Polygon, simply visit the instructions and documentation at:https://eth.storage/. All storage costs using the bridge are free.

About FIlecoin

Filecoin, the world’s largest decentralized network, allows users to store, request, and transfer data via a verifiable marketplace. Filecoin is completely open-source, enabling people from all over the world to participate. The Filecoin protocol runs on an advanced and novel proof system – a combination of Proof of Spacetime (PoSt) and Proof of Replication (PoRep), to provide unmatched efficiency and reliability.

Filecoin’s advanced technology provides a robust foundation to store the world’s most valuable data sets. An alternative to costly cloud storage, the Filecoin network offers efficiently priced and geographically decentralized storage, minimizing financial barriers, and allowing users to take advantage of its unmatched network capabilities.

About Polygon

Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting Secured Chains like Plasma, Optimistic Rollups, zkRollups, Validium, etc., and Standalone Chains like Polygon POS, designed for flexibility and independence. Polygon’s scaling solutions have seen widespread adoption with 450+ Dapps, ~350M txns, and ~13.5M+ unique users. For more information, please visit: https://polygon.technology/

If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for your Dapp, get started here.

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For more information, please contact:

Pedro Park
Crypto Land PR
http://cryptolandpr.com/