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Hop supports instant $MATIC withdrawals

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Hop supports instant $MATIC withdrawals

Bangalore, August 10, 2021Hop now supports instant $MATIC withdrawals from Polygon to Ethereum and other supported scaling solutions.

While the native Polygon bridge has seen considerable improvements over the last couple of months, cutting withdrawal times down from an average of 3 hours to merely 1 hour, one asset has been largely unaffected by these upgrades: $MATIC.

Today, there are primarily two bridges to move assets between Ethereum and Polygon. The first one is the Proof of Stake (PoS) bridge and the second one is the so-called Plasma bridge. If you have ever deposited or withdrawn a token such as USDC or ETH to or from Polygon, odds are that you have used the PoS bridge.

The Plasma bridge on the other hand is used for $MATIC withdrawals. It provides increased security guarantees but it also comes with longer withdrawal times of up to 7 days which has been a major pain point to Polygon users.

Hop your $MATIC from Polygon to Ethereum in minutes
Hop is the first bridge protocol to unlock instant $MATIC withdrawals. As such, we’re eager to monitor how the transfer volumes will compare with the assets supported by Hop so far, where the cost and time savings from using Hop over the native Polygon bridge were more negligible. $MATIC withdrawals with Hop will take 4-5 minutes vs. 7 days and gas costs will amount to cents. In most cases, depending on the liquidity, it will not only be faster but also cheaper to use the Hop bridge!

If you have any questions about the process, hop into Discord.

 

About Hop

Hop is a protocol for sending tokens across scaling solutions and their shared layer-1 network in a quick and trustless manner. Scaling solutions have the potential to scale the Ethereum network, but each create siloed environment for its applications. Moving assets between scaling solutions and the layer-1 network is slow and expensive, diminishing the savings users gain by using the network. The Hop protocol allows assets to be moved directly from one scaling solution to another without ever touching Ethereum, providing cost savings and enabling composability of applications.


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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.

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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Concordium and Swvl Announce Partnership For Blockchain-Based Mass Transit Systems

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Concordium and Swvl Announce Partnership For Blockchain-Based Mass Transit Systems

Zug, Switzerland, 11th August, 2021,
Concordium , a leading blockchain technologies company, and Swvl, Inc. (“Swvl”), a Dubai-based provider of mass transit and shared mobility solutions, today announced a strategic partnership to, for the first time, use blockchain technologies to develop transformative next generation mass transit systems.
Swvl is a global tech start-up based in Dubai, with an implied, fully diluted equity value of approximately $1.5 billion, providing a semi-private alternative to public transportation for individuals who cannot afford or access private options. On July 28, 2021, Swvl announced entry into a definitive agreement for a business combination with Queen’s Gambit Growth Capital (“Queen’s Gambit”) (NASDAQ: GMBT), the first special purpose acquisition company led by women.
Swvl makes mobility safer, more efficient and more environmentally friendly, while ensuring that it is accessible and affordable for everyone. Customers book rides on an easy-to-use app with varied payment options and access high-quality private buses and vans that operate according to fixed and semi-fixed routes, stations, times, and prices.
Concordium will provide a blockchain-based technology platform that aims to upgrade the mass transit travel experience for Swvl’s customers. The platform is intended to help solve the highly-complex logistical challenges inherent in mass transit, while advancing Swvl’s efforts at decarbonization and smart, green mobility.
Concordium’s platform is intended to, among other things, provide these key benefits:
– Natural ebbs and flows in customers’ travel needs can be traced faster and more accurately, and fed into evolving travel routes through Swvl’s dynamic routing capabilities, making trips faster and cheaper. 
– The technology allows for the creation of interactive relationships between Swvl and its customers with enhanced driver monitoring and performance tracking, as well as increased efficiency and quality of service – making trips with Swvl even safer and more reliable. 
– Driver remuneration can also be better linked to performance, incentivizing drivers to provide the best possible service.
Lone Fonss Schroder, Concordium’s chief executive, said: “Mass transit systems are inherently flawed, with inefficiencies that create significant barriers and cause daily commuting to be a struggle. Combining Concordium’s differentiated blockchain technology with Swvl’s cutting-edge mobility platform provides a seamless commuting experience that will change mass transit on a global scale.”
Mostafa Kandil, Swvl Founder and CEO, said: “Swvl set out to create the mass transit system of the future, for the cities of the future. Our partnership with Concordium will improve the real-time capabilities of our offerings. We will be even better positioned to capitalize on fast-changing customer demands, resulting in quicker and more flexible commuting experiences.” 
About Concordium
Concordium is a Public and Sustainable Proof-of-Stake-blockchain with a unique Identity layer at the protocol level. Concordium differs from other participants by offering previously unseen guarantees of transparency, and regulation without compromising privacy by introducing built-in identity management at the protocol level and zero-knowledge proofs, which are used to replace anonymity with perfect privacy.
About Swvl
Swvl has built a parallel mass transit system offering intercity, intracity, B2B and B2G transportation in 10 megacities across Africa, Asia, and the Middle East. Following the closing of its business combination with Queen’s Gambit, which is expected to occur in the fourth calendar quarter of 2021, Swvl will become the first $1bn+ unicorn from the Middle East to list on Nasdaq and the only tech-enabled mass transit solutions company to list on any exchange.  
The transaction is expected to accelerate its long-term growth strategy and expansion into 20 countries across five continents by 2025. 
Additional Information
In connection with the business combination, Pivotal Holdings Corp (“Holdings”) intends to file with the U.S. Securities and Exchange Commission (the “SEC”) a registration statement on Form F-4, which will include a preliminary prospectus and preliminary proxy statement and, after the registration statement is declared effective, Queen’s Gambit will mail a definitive proxy statement/prospectus and other relevant documents relating to the business combination to its shareholders. This communication is not a substitute for the registration statement, the definitive proxy statement/prospectus or any other document that Queen’s Gambit will send to its shareholders in connection with the business combination. 
INVESTORS AND SECURITY HOLDERS ARE ADVISED TO READ, WHEN AVAILABLE, THE REGISTRATION STATEMENT, PROXY STATEMENT/PROSPECTUS AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY IF AND WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE BUSINESS COMBINATION AND THE PARTIES TO THE BUSINESS COMBINATION. Investors and security holders will be able to obtain copies of these documents (if and when available) and other documents filed with the SEC free of charge at www.sec.gov. The definitive proxy statement/final prospectus (if and when available) will be mailed to shareholders of Queen’s Gambit as of a record date to be established for voting on the business combination. Shareholders of Queen’s Gambit will also be able to obtain copies of the proxy statement/prospectus without charge, once available, at the SEC’s website at www.sec.gov, or by directing a request to: Queen’s Gambit Growth Capital, 55 Hudson Yards, 44th Floor, New York, New York, 10001.
Forward-Looking Statements
Certain statements made herein are not historical facts but are forward-looking statements. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding future events, the proposed business combination between Swvl and Queen’s Gambit, the estimated or anticipated future results and benefits of the combined company following the business combination, including the likelihood and ability of the parties to successfully consummate the business combination, future opportunities for the combined company and other statements that are not historical facts.
These statements are based on the current expectations of Swvl and/or Queen’s Gambit’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on, by any investor as a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Swvl and Queen’s Gambit. These statements are subject to a number of risks and uncertainties regarding Swvl’s business and the business combination, and actual results may differ materially. These risks and uncertainties include, but are not limited to: general economic, political and business conditions, including but not limited to the economic and operational disruptions and other effects of the COVID-19 pandemic; the inability of the parties to consummate the business combination or the occurrence of any event, change or other circumstances that could give rise to the termination of the business combination agreement; the number of redemption requests made by Queen’s Gambit’s shareholders in connection with the business combination; the outcome of any legal proceedings that may be instituted against the parties following the announcement of the business combination; the risk that the approval of the shareholders of Swvl or Queen’s Gambit for the potential transaction is not obtained; failure to realize the anticipated benefits of the business combination, including as a result of a delay in consummating the potential transaction or additional information that may later arise in connection with preparation of the registration statement on Form F-4 and proxy materials, or after the consummation of the business combination as a result of the limited time SPAC had to conduct due diligence; the risk that the business combination disrupts current plans and operations as a result of the announcement and consummation of the business combination; the ability of the combined company to execute its growth strategy, manage growth profitably and retain its key employees; competition with other companies in the mobility industry; Swvl’s limited operating history and lack of experience as a public company; the lack of, or recent implementation of, certain policies and procedures to ensure compliance with applicable laws and regulations, including with respect to anti-bribery, anti-corruption, and cyber protection; the risk that Swvl is not able to execute its growth plan, which depends on rapid, international expansion; the risk that Swvl is unable to attract and retain consumers and qualified drivers and other high quality personnel; the risk that Swvl is unable to protect and enforce its intellectual property rights; the risk that Swvl is unable to determine rider demand to develop new offerings on its platform; the difficulty of obtaining required registrations, licenses, permits or approvals in jurisdictions in which Swvl currently operates or may in the future operate; the fact that Swvl currently operates in and intends to expand into jurisdictions that are, or have been, characterized by political instability, may have inadequate or limited regulatory and legal frameworks and may have limited, if any, treaties or other arrangements in place to protect foreign investment or involvement; the risk that Swvl’s drivers could be classified as employees, workers or quasi-employees in the jurisdictions they operate; the fact that Swvl has operations in countries known to experience high levels of corruption and is subject to territorial anti-corruption laws in these jurisdictions; the ability of Holdings to obtain or maintain the listing of its securities on a U.S. national securities exchange following the business combination; costs related to the business combination; and other risks that will be detailed from time to time in filings with the SEC. The foregoing list of risk factors is not exhaustive. There may be additional risks that Swvl presently does not know or that Swvl currently believes are immaterial that could also cause actual results to differ from those contained in forward-looking statements. In addition, forward-looking statements provide Swvl’s expectations, plans or forecasts of future events and views as of the date of this communication. Swvl anticipates that subsequent events and developments will cause Swvl’s assessments and projections to change. However, while Swvl may elect to update these forward-looking statements in the future, Swvl specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Swvl’s assessments as of any date subsequent to the date of this communication. Accordingly, undue reliance should not be placed upon the forward-looking statements.
Participants in the Solicitation
Holdings, Swvl, Queen’s Gambit and their respective directors, executive officers, other members of management, and employees, under SEC rules, may be deemed participants in the solicitation of proxies of Queen’s Gambit’s shareholders in connection with the business combination. Investors and security holders may obtain more detailed information regarding the names and interests in the business combination of the directors and officers of Holdings, Swvl and Queen’s Gambit in the registration statement on Form F-4 to be filed with the SEC by Holdings, which will include the proxy statement of Queen’s Gambit for the business combination. Information about Queen’s Gambit’s directors and executive officers is also available in Queen’s Gambit’s Annual Form 10-K for the fiscal year ended December 31, 2020 and other relevant materials filed with the SEC.
No Offer or Solicitation
This news release is for informational purposes only and is not a “solicitation” as defined in Section 14 of the Securities Exchange Act of 1934, as amended. This news release is neither an offer to purchase, nor a solicitation of an offer to sell, subscribe for or buy any securities or the solicitation of any vote in any jurisdiction pursuant to the business combination or otherwise, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable law. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.
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BENQI and Avalanche Launch $3M Liquidity Mining Initiative to Accelerate DeFi Growth

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BENQI and Avalanche Launch $3M Liquidity Mining Initiative to Accelerate DeFi Growth

New York, United States, 10th August, 2021,
BENQI, an algorithmic liquidity market protocol, and the Avalanche Foundation are collaborating on a joint liquidity mining program to celebrate the launch of the BENQI protocol on the 19th of August and the next phase of growth within Avalanche’s DeFi ecosystem.
$3M of AVAX will be allocated as liquidity incentives for BENQI users, with additional incentive programs coming soon. The AVAX will be offered as rewards to users who are lending and borrowing AVAX, ETH, LINK, wBTC, USDT, and DAI on the protocol with BENQI. 
AVAX is the native token of Avalanche. It’s a hard-capped, scarce asset that is used to pay for fees, secure the platform through staking, and provide a basic unit of account between the multiple subnets created on Avalanche. 
BENQI recently closed a $6M fundraising round backed by the Avalanche Foundation, Mechanism Capital, Dragonfly Capital, Arrington XRP Capital, & the Spartan Group.
BENQI and Avalanche Brings High-Performance Borrowing and Lending to the Masses
To date, Avalanche’s DeFi ecosystem has garnered over $233M in total value locked. For the first phase of the ecosystem’s development, many decentralized exchanges, specifically automated market makers (AMM), deployed on Avalanche mainnet to maximize opportunities enabled by high-speed, low transaction costs, and near-instant transaction finality.
Marketplaces like these are imperative for price discovery. The leading AMM on Avalanche, Pangolin, has seen $1.3B+ in total trading volume since launch in February. 
The next phase will focus on expanding upon a variety of high-performance financial primitives, like money markets. With the launch of the Avalanche Bridge, a revolutionary secure bridging architecture that leverages Intel SGX to support quick, secure, and low cost asset transfers between the Avalanche and Ethereum networks, BENQI and other select projects are leading the charge, with many more dapps expected to launch on Avalanche. 
“Decentralized finance (DeFi) is primed to take off on Avalanche with the arrival of another cornerstone DeFi functionality. BENQI is joining a rapidly growing ecosystem of DeFi users, assets, and applications on Avalanche, and we expect users and developers to leverage BENQI to expand the utility of their assets.” says JD Gagnon, Co-Founder of BENQI.
“BENQI is launching at a key moment for Avalanche users and the broader DeFi ecosystem. Its technology adds a missing piece to the puzzle, and will make Avalanche even more attractive to users being priced out of other networks,” says John Wu, President of Ava Labs, a team supporting development on Avalanche. “This is an exciting step in a broader community initiative to bring more assets and liquidity onto the platform.”
### 
About BENQI
Built on Avalanche’s highly scalable network, BENQI’s is bridging decentralized finance (DeFi) and institutional networks beginning with the launch of BENQI on the Avalanche C-Chain. Through BENQI, Avalanche users will be able to earn interest on their assets, obtain credit through over-collateralized loans and earn QI governance tokens as rewards for providing liquidity on the protocol and Pangolin. For more information about BENQI, please visit: benqi.fi
About Avalanche
Avalanche is an open-source platform for launching decentralized applications and enterprise blockchain deployments in one interoperable, highly scalable ecosystem. Avalanche is the first decentralized smart contracts platform built for the scale of global finance, with near-instant transaction finality. Ethereum developers can quickly build on Avalanche as Solidity works out-of-the-box.
Website | Whitepapers | Twitter | Discord | GitHub | Documentation | Forum | Avalanche-X | Telegram | Clubhouse | Facebook | LinkedIn | Reddit | YouTube
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Mudra Launches Next-Gen BSC Token Generator Platform to Create BEP20 Tokens

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Mudra Launches Next-Gen BSC Token Generator Platform to Create BEP20 Tokens

The new platform enables users to create and launch cryptocurrency tokens with advanced tokenomics                                                                                                                      

Mudra, the asset manager for Binance Smart Chain (BSC), has released a new no-code BEP20 Token Generator that enables users to create BEP20 tokens instantly and without the need for coding knowledge.

Mudra Token Creator ushers in a new generation of BEP20 token generators. It is the first modular token generation platform in the world, marking a significant departure from the current generation of fixed templates. “Token developers no longer have to be frustrated by a plethora of pre-canned templates that are clones of other tokens but fail to fulfill their intended purpose,” a Mudra spokesperson stated.

Mudra enables users to pick and choose the mechanics that are most appropriate for their use case. Anti-whale mechanisms, static rewards, deflationary token burn, automatic liquidity generation, and hyper-deflationary buyback are just a few of the advanced financial mechanisms available.

While this unmatched flexibility distinguishes Mudra as a market disruptor in the token generation space, it is not the platform’s only strength. “Token creators now have the ability to create a token similar to SafeMoon or EverRise. They can even combine the best features of both tokens to create a new one. All of this is available at an unbeatable low price through our services. Additionally, Mudra Token Creator provides ancillary services such as funding the PancakeSwap liquidity pool.”

 

About Mudra:

Mudra has developed a number of cutting-edge products for BSC investors and developers. Mudra Token Research is the world’s first all-in-one BSC token scanner. Mudra Research uses smart contract code and blockchain data analysis to assist investors in avoiding cryptocurrency “rugpulls” and “honeypots.” Mudra Liquidity Locker is the most cost-effective and feature-rich platform for locking the pancakeswap liquidity of BSC tokens.

Visit mudra.website for additional information.

MoonRat introduces the latest innovation – Proof of Trade in EarnBUSD

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MoonRat introduces the latest innovation – Proof of Trade in EarnBUSD

MoonRat, the inventor

The MoonRat Team is the innovator and the first to bring the Earn by holding and the anti-whale mechanisms to holders on the Binance Smart Chain network. 

The success of MoonRat inspired dozens of projects to duplicate MoonRat’s code which has made the Earn by holding feature trending.

The MoonRat team introduces MoonRatX and the Proof of Trade to accelerate innovation further. MoonRatX is the name of the MoonRat Ecosystem and its super DeFi Dapp.

Earning by trading & holding enriches your investing habits

Let’s see how MoonRatX simplifies DeFi. We noticed that the current DeFi projects are difficult for most new blockchain investors. We remove all complex terms and jargon like yield farming, LP tokens, and impermanent loss. 

There are two ways to earn in our ecosystem: trade and hold your tokens to earn rewards. All investors no matter their level can take part in the MoonRatX with ease.

Trading and holding are simple investing actions that all potential investors can understand to make their decision. 

MoonRatX Overview

MoonRatX combines these most innovative technologies: Proof of Trade, Earn by Holding AntiWhales. MoonRatX also has excellent features like Limit holding, Reflection Reward, Automatic Liquidity Pool, community-driven, and fair-launched tokens.

MoonRatX and all its tokens have a full security audit by Certik – the leading security-focused ranking platform for DeFi projects.

There are four types of tokens in MoonRatX

– Reward Tokens 

– Child Tokens

– MRX Token 

– SMRAT

Reward tokens are well-known tokens on BSC like BUSD, Cake, Bake. You can swap these reward tokens to get child tokens like EBUSD, ECAKE, EDOGE, and vice-versa that creates these trading pairs likes:

– BUSD/EBUSD 

– CAKE/ECAKE

– BAKE/EBAKE

Proof of Trade – The trading fee is for traders

Every time you trade these trading pairs, you receive an amount of MRX token based on the number of child tokens you traded. The ratio is 1:1 called MRX Mint Rate. For example, when you buy or sell 1000 EBUSD; you receive 1000 MRX. 

There is a 12% tax applying for all these trading pairs: 

  • 5% of tax is for automatic LP 
  • 2% for reflection rewards to all holders
  • 5% for Reward Pool. Reward Pool separates into two pools: Instant Reward Pool for traders and Weekly Reward Pool for holders. Each child token has its own dashboard and reward pool. 

https://www.youtube.com/watch?v=Y3I_tYfYKtc&t=19s

EarnBUSD.Finance – first child token that implements the most innovative feature, Proof Of Trade.

You can exchange MRX to collect Instant Rewards whenever you want. You can pick the biggest Instant Reward pool to collect the reward.  

After each collection 

  • 75.5% of your MRX will be burned 
  • 20% will be sent to the Reserved Wallet (Marketing and Operation Fund) 
  • You keep 4.5% as a gift (MRX Gift Rate)

You have to trade again to gain more new MRX.

The Proof of Trade works like a charm. During the 10 days of our Testnet Event, participants made over 1 million transactions. 

In the future, MRX is the utility token that transfers benefits between child tokens in the MoonRatX. You can mine MRX from trading, sell them on exchanges, or vice-versa, buy MRX from exchanges, and collect Instant Rewards.

Earn by holding – Passive income for long term investors

Suppose you are a holder and do not want to trade. All you have to do is buy and hold child tokens and collect your Weekly Reward. No wallet setup, no complex staking, your funds never leave your wallet. There’s no risk of losing them, and your tokens increase over time due to the reflection rewards.

MoonRatX introduces the Reflection Rewards feature that uses 2% of every transaction to distribute to all holders. 

By holding child tokens, you receive both reward tokens and child tokens. For example, you can collect BUSD from Weekly Reward Pool and receive EBUSD from reflection rewards.

The burn address is also a holder receiving reflections; thus, each transaction helps to deflate the supply.

The VIP Membership

You can even get a 20% reward boost if you are a VIP member by holding at least 80,000,000,000 SMRAT.

Other benefits

  • Increase mint rate of MRX up to 20%
  • Pay only 25% tax with normal holder

This VIP program motivates people to hold SMRAT to earn BNB because SMRAT is the only token that can earn BNB in MoonRatX. 

More information 

Join us and earn by trading and holding

Website: https://moonratx.finance

Twitter: https://twitter.com/MoonRatFinance 

Telegram: https://t.me/MoonRatFinance 

Reddit: https://www.reddit.com/r/MoonRatdotFinance

Email: [email protected] 

Blockcities announces partnership with Simply Natural Farms, in a bid to transform the future of agriculture

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Blockcities announces partnership with Simply Natural Farms, in a bid to transform the future of agriculture

August 04, 2021, Salt Lake City, UT Blockcities has agreed a partnership with leading organic agricultural enterprise Simply Natural Farms. The partnership seeks to harness Blockcities’ asset tokenization technology in order for investors to buy into the future growth of sustainable farming. This partnership is the first in a series of future deals, which will help make investing in sustainable ventures simple and transparent – allowing a global audience to help these ventures grow, while seeing return on their investments.

Overview

Blockcities has built a marketplace for sustainable assets, where users will access both housing, energy and agriculture solutions available on demand. To make this possible, Blockcities has partnered the world’s leading sustainable housing manufacturers and agriculture enterprises to unlock this hugely important sector for ethically-minded investors.

The marketplace allows for the tokenization of assets such as houses, plantations and solar energy farms onto the blockchain. These assets are then opened up to investors – either as a whole, or through fractional ownership. This gives sustainable enterprises the investment needed to grow and flourish, while unlocking the door to investors seeking a more sustainable asset class.

About the partnership

Simply Natural Farms, a multinational, vertically integrated organic agriculture enterprise, is preparing to offer fractionalized plantations with professional management through the upcoming Blockcities platform. Together, Simply Natural Farms and Blockcities are poised to bring fractional organic agriculture to the masses.

Blockcities is leading the way in making blockchain technology simple and easy to use. It takes the best of what blockchains have to offer and applies this technology towards fractionalizing physical assets, with milestone based smart contract distribution on the backend. This allows them to provide a real time visualization of the construction process, similar to a Domino’s pizza tracker that we all know and love.

Designed to be a game-changer in the move towards sustainability, Blockcities enables users to buy fractional ownership in sustainable physical assets powered by blockchain technology. They are offered to investors in the form of tokenized securities. Their real estate tokenization protocol allows property owners to digitize real assets for the purpose of providing fractional ownership. This allows investors to diversify across multiple assets, rather than being all-in on a single investment. 

About Blockcities

Blockcities is bringing sustainable housing, agriculture and energy assets to the mass market by tokenizing real-world assets, and allowing fractional ownership. This blockchain-powered asset marketplace allows sustainable enterprises to receive vital investment needed for growth, while enabling investors access to more sustainable, ethical assets.

Web: https://blockcities.com/

Blockchain Platform Ethernity Chain Announces “The Messiverse” Has Arrived

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Blockchain Platform Ethernity Chain Announces “The Messiverse” Has Arrived

Barcelona, Spain, 4th August, 2021,
Blockchain platform Etherity Chain  (CC:ERN-USD) today announced the “The Messiverse”, the First Ever Licensed, Authenticated NFT collection from Lionel Messi. This Ethernity exclusive partnership lies beyond the scope of a single series, set piece, or footballer. This NFT collection, part of the “Messiverse” is as big as the legend of Lionel Messi himself: The Messi Collection will be available beginning August 20th at 5:00 PM EDT, exclusively at ethernity.io.  
The Messi Collection includes: 
● “Man From the Future” by Bosslogic 
● “Worth the Weight” by Bosslogic 
● “The King Piece” by Bosslogic 
● Untitled by Impossible Brief 
Leo Messi has racked up every individual accolade a soccer star can collect: a record 6 Ballon d’Or awards, 750 career goals, the most goals ever for a single club, the Argentine record, 34 career trophies from La Liga & UEFA Champions League Titles to the recent Copa America crown. He won the Golden Ball and made the World Cup Finals. The epic goal scorer and playmaker is now immortalizing his legacy in blockchain form. Fans worldwide can now collect Ethernity’s feature pieces cementing his value and iconic play-making abilities in immutable digital form forever.
Four pieces comprise the drop and portray the soccer superstar in futuristic AI-driven bionic form, as an Atlas-like character holding up the world of soccer, the “King” of creative soccer stardom, and a yet to be revealed piece coming on the day of the launch. 
Our soccer agency partners ISL were instrumental to the creation of this NFT Partnership.
About the Artist 
Bosslogic is an Australian Artist gaining stardom through the wide world of social media, who has gained popularity through the eponymous entertainment industry. His previous work has included Marvel End Game and Disney among others. With millions of followers’ support, Bosslogic is deemed as one of the most popular and influential artists in Australia. Bosslogic collaborated with Ethernity on its first pre-launch NFT series. 
Artist Statement
The collection is a set of pieces outlining achievements, moments, team love and future accomplishments – focusing mainly on the man himself. Overall I wanted them to be subtle yet impactful within the pieces that loop. Working within the NFT space has been a wild ride getting to do new things and collaborate with people that I never thought I’d get the chance to. Now thanks to Ethernity the dream of working with one of my favorite people in the world and one of the G.O.A.T.s of our time, Messi, I have had the honour and privilege to create a set of pieces for the icon; to go down in history as his first singular NFT drop! 
About Ethernity Chain
Ethernity is the groundbreaking authenticated NFT project that auctions verified artwork featuring the top artists and stars from sports, music, film, gaming, tech, history and entertainment. Each of these digital artworks is represented as a non-fungible token (NFT). The pieces feature well-known public figures, and a portion of all funds raised from the endeavor will be donated to charitable causes. Ethernity Chain combines the utility of DeFi and merges it with NFTs to create an exclusive pipeline to rare, collectible content from notable figures and well-established digital artists.
Contacts

TransitNet Launches Title Verification Tools To Transform The Crypto Sphere

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TransitNet Launches Title Verification Tools To Transform The Crypto Sphere

LOS ANGELES, USA, 3 August 2021 – Billions of dollars worth of crypto has been stolen over the last fews years. Crypto’s status as a bearer asset means that anybody who is able to get their hands on someone else’s crypto essentially becomes the owner of it. This is how crypto has always functioned. 

However, TransitNet is developing a new solution that will allow investors to turn their crypto from a bearer asset to a registered asset and make the whole crypto sphere more secure and more attractive to institutional investment.

TransitNet is the solution that the crypto industry needs to move to the next level. TransitNet offers crypto investors the ability to change their crypto from a bearer asset to a registered asset and will consist of a suite of different tools that will assist with title verification for cryptographic assets. TransitNet can be utilized by custodians, auditors, fund administrators, insurers, crypto exchanges and most significantly institutional investors. 

According to data presented by Finaria, $1.9 billion in crypto was stolen in 2020. Despite these massive figures, this actually constitutes a significant fall from 2019 where the total amount of crypto stolen was worth $4.5 billion. At its highest, the total market capitalization of crypto in 2019 was less than $350 billion meaning that more than 10% of the total market cap was stolen that year. Even though that proportion has decreased in the last couple of years, it is impossible to dismiss the massive presence of theft in the market. Fraud was the leading method used by criminals to obtain these funds followed by theft using ransomware. 

The amount of criminality within crypto has likely proven a significant stumbling block to mass adoption by institutional investors. This is clearly seen in statements like those of JP Morgan’s CEO Jamie Dimon who, in 2018, dismissed Bitcoin as “a fraud”. For crypto to see major institutional investments, it has to shed its association with criminality. At the very least, crypto needs to find a way to make itself more secure and more capable of being regulated. 

Of course, these are well-known pitfalls of the crypto industry. 99% of cryptocurrencies are bearer assets. This means that the holder of the asset is presumed to be the owner. Whoever is in possession of crypto can trade, spend or sell it however they please. This feature strongly contributes to the amount of theft in crypto. If a thief can get access to another person’s crypto they have the ability to trade it as if it was their own. This is the opposite of how a bank functions which stores funds as registered assets. The funds in a bank are registered to a specific person and cannot be transferred without their explicit approval. 

The first of TransitNet’s title verification tools is the Asset Collision Identifier (ACI). This tool lets service providers check for the collision of crypto wallets. In other words, it will identify wallet addresses that may be claimed by multiple managers and then help ensure that specific assets are not claimed by more than one fund. After the release of the ACI demonstrated the industry need for verification tools, TransitNet is now developing a title registry. The forthcoming release of which, will expand the ability for TransitNet users to register their cryptographic assets. 

TransitNet has just closed a seed round on WeFunder worth $2 million. Investment from major players in the crypto investment industry was previously secured during an angel investment round. However, TransitNet’s latest investment round was to give access to the project to crypto investors across the world rather than the elite crypto investment funds. The names that invested back in 2018 include such renowned firms as BKCM, ALPHABIT and Kenetic Capital, which is evidence of how significant a project like this could be. The ability for crypto to gain the same legitimacy as assets stored in the bank could be a genuine game changer.

About TransitNet

Transit net provides the tools to assist service providers with title verification for cryptographic assets. Launched in 2020, the company seeks to provide institutional investors a more secure and transparent blockchain by creating a registry of cryptography assets.

Website | Twitter 

Marlin’s OpenWeaver And FlowMint 2.0 Rewards Come To Polygon

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Marlin’s OpenWeaver And FlowMint 2.0 Rewards Come To Polygon

Bangalore, August 4, 2021 – The Polygon ecosystem continues to attract projects leveraging its technology stack. Marlin, a blockchain-agnostic protocol providing high-performance programmable network infrastructure for DeFi and Web3, brings its Openweaver solution to Polygon. Marlin integration reduces latency and increases block propagation speed thus accelerating the Polygon chain.

The success of Polygon as a blockchain that is more efficient and cheaper to use has proven prominent, as it is becoming one of the most widely adopted blockchains outside of Ethereum for wallets and exchanges.  Binance Exchange Wallet, Trust Wallet, Coinbase Wallet, Huobi Wallet, OKEX Wallet, to name a few, all integrated Polygon. Under the hood, the network also connects secured chains such as Optimistic Rollups, Validium, zkRollups, Plasma, and others. As a result, it creates a more versatile blockchain ecosystem for developers and users alike, allowing for more streamlined solutions.

Over the past few months, there has been tremendous growth in Polygon use. There are now over 450 dApps on the network, more than 350 million transactions have been processed, and the user base has expanded to roughly 13.5 million active participants. That ongoing and accelerating growth continues to attract developers looking to bring existing or new solutions to this highly efficient blockchain network.

Marlin, a layer-0 protocol that boosts network-layer performance and security, is of great value to any blockchain, regardless of its consensus algorithm. As Marlin’s OpenWeaver is now available on Polygon, all block producers and full nodes on the network can send and receive large blocks as near-physical latencies. Furthermore, the transaction mempool is now accessible much quicker by arbitrage and liquidation bots and DeFi traders.

“We are grateful for Marlin integration to reduce latency. It is definitely a rewarding boost for the already flourishing Polygon ecosystem,” added Polygon co-founder, Sandeep Nailwal. 

“Polygon has grown astronomically in terms of number of users, nodes, dApps and transactions. We’re thrilled to continue our longstanding collaboration with Polygon and provide its rapidly growing ecosystem with an additional edge at the network layer with OpenWeaver,” said Marlin co-founder Siddhartha Dutta.

The collaboration between Marlin and Polygon goes back several months. Marlin’s FlowMint mechanism helps distribute governance tokens and incentivizes the installation of Marlin gateways. A total of 46 validators participated from the Polygon network in FlowMint, making it the second-largest public ecosystem in these rankings. In addition, Marlin has announced FlowMint 2.0 to issue governance tokens to anyone running gateways and pushing blocks to the network. The new reward issuance will occur on Polygon first, and expands to other supported networks later on.

As a popular scaling solution with $8.5B TVL, Polygon is the home of many DeFi blue-chip projects that include Aave, SushiSwap, QuickSwap, Curve, Balancer, Kyber. This Marlin integration adds on to make Polygon a faster and a more efficient blockchain.

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.

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.

Website | Twitter | Reddit | Discord | Telegram | Ecosystem Twitter 

About Marlin

Marlin is an open protocol that provides high-performance programmable network infrastructure for DeFi and Web 3.0. Marlin aims to deliver on the promise of a decentralized web where applications secured via the blockchain are indistinguishable in terms of performance to users accustomed to Web 2.0. Marlin is backed by a prominent group of stakeholders including Electric Capital, Michael Arrington, DHVC, Fenbushi, and the leading cryptocurrency exchange, Binance.

Twitter | Telegram Announcements | Telegram Chat | Discord | Website 

IT’S A NEW WORLD – LEGENDARY MUSIC INDUSTRY EXECUTIVE GEE ROBERSON JOINS NFT ECOSYSTEM THRONE AS PARTNER & CREATIVE DIRECTOR

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IT’S A NEW WORLD – LEGENDARY MUSIC INDUSTRY EXECUTIVE GEE ROBERSON JOINS NFT ECOSYSTEM THRONE AS PARTNER & CREATIVE DIRECTOR

Gee Plans to Improve the Future of Artists Through the Launch of Entertainment Focused NFT Ecosystem, Throne
LONDON, UK / ACCESSWIRE / August 4, 2021 / Throne, an NFT ecosystem that’s been in stealth mode for the past year and whose founding partners include award-winning music producer Nellee Hooper, has named Gee Roberson to the new role of Executive Creative Director and Partner.
Roberson, the LA based former manager of chart-topping music talent, says: “NFT’s are an artistic medium, changing how we create, giving us tools to reimagine how weresource creative economic communities,” Roberson said. “I know we are all doing something that will greatly improve the future for artists of every genre, it’s a new world”.
Roberson is a partner of Maverick management, which is a subsidiary of Live Nation Entertainment. At Throne, Roberson will oversee creative output, focusing on developing projects with iconic artists, IP holders, and innovative creators in effort to bring aesthetics on-chain. Throne belongs to a fast expanding, sometimes confusing NFT ecosystem setup to create and sell ‘non-fungible tokens’ – unique digital works based on underlying IPor art, using blockchain technology. NFTs have exciting new properties; they’re unique,provably scarce, liquid, usable across multiple applications, and armed with all the programmability of digital assets. Throne‘s vision, which is built on the Ethereum blockchain, is that open protocols and interoperable standards like ERC-721 (andERC-1155) will enable vibrant new economies where creators and collectors truly own this powerful brand new type of digital item.
Roberson adds “what I love about Throne is that it’s for creators at every stage of the journey, whether someone just starting out, or a more established artist. What’s worth mentioning” he goes on, “is that Throne does not charge any fees, if a creator chooses to transact in THN, the project’s native currency. That means, a creator gets to keep 100% of the final sale price of their NFT. Creators can also choose to transact in ETH (the world’s second-largest cryptocurrency after Bitcoin) but will incur a platform fee”.
Throne Artistic Director Chimere Cisse, who has held senior communications roles forglobal organizations including Hearst Magazines and Burberry, says “because we thinkopen, liquid marketplaces will help power these new creative economies, we’re building a platform with the help of a community of passionate users, developers, and creators. The importance of technology and contemporary culture is reflected in everything we do, and we are clearly setting ourselves apart because of it”.
“Gee is uniquely qualified to lead this group and develop a new kind of creative practice”, says Throne, which is scheduled to unveil and launch next month with various artists from the worlds of entertainment through to fine art.
Further information can be found at Thr.one or CoinMarketCap. For images and logo please visit https://we.tl/b-kAXOYmh3gh.
Media contact :
Name: Chimere Cisse
Email: [email protected]
Website: https://www.thr.one/