Could four, 2021 — Formation Fi, a startup aiming to revolutionize defi portfolio development, has accomplished $three.three million in a strategic sale spherical.

The platform garnered participation by the founders of ground-breaking DeFi protocols similar to Bancor, Synthetix, and Polygon (previously generally known as Matic), collectively managing over $6B in TVL, in addition to enterprise capital funds together with Kenetic, Kosmos, Spark Digital Capital, AU21, X21 Digital, Momentum 6, GenBlock, GBV Capital, Shima Capital, and Brilliance ventures.

An extra 18 top-tier buyers additionally contributed to the fully oversubscribed spherical, with capital earmarked for the event of Formation Fi’s threat parity protocol, the primary chain-agnostic, algorithmic yield-management platform guided by the ideas of the danger parity motion adopted by high hedge funds on Wall Road.

Formation Fi has dubbed the idea Good Farming 2.zero, and envisions it as an development to defi’s present obsession with speculative yield chasing with out a lot regard for threat.

With threat parity impressed sensible yield farming 2.zero, customers get to tailor their degree of publicity whereas receiving steering from the protocol which is engineered to scale back dangers posed by each bull and bear cycles.

Uniquely, Formation Fi is looking for to create a founders’ membership by attracting assist from solely the founders of high DeFi firms it needs to work with long-term. Formation Fi ranges up yield farming portfolio development by facilitating higher administration thereof through a risk-adjusted portfolio of crosschain DeFi belongings.

Formation’s Co Founder Kristof Gagacki : “We’re proud to be constructing on the collective knowledge of a few of DeFi’s first pioneers. With our founders’ membership method, we’re centered on coming collectively to construct and amplify this still-experimental ecosystem and evangelize Good Yield Farming into the world of open finance”

By optimizing the return-to-risk ratio for every unit of threat, and prioritizing secular diversification based mostly on data-driven insights, Formation Fi guarantees to ship superior returns over time. The platform additionally goals to simplify the defi world in order that atypical buyers can take part and earn yield over the lengthy haul.

The Formation Fi platform has been developed for a various consumer base. To get began, customers want solely deposit their most popular cryptocurrency and choose a most popular funding model, within the type of an index coin similar to Alpha, Beta, Gamma, and Parity. Every index coin can then be additional deployed for extra yield on the holder’s discretion.  Thereafter, the protocol will begin producing yield with customers having access to the best-performing cross-chain yield methods in keeping with their said threat tolerance.

Formation Fi has developed its personal native token which may be deployed in yield farming methods or added to a liquidity pool to spice up yield. A triple-utility token, $FORM entitles holders to voting rights, a share of future internet earnings generated by the protocol, and grants unique entry to Formation Fi’s Darkpool AMM swimming pools.

About Formation Fi

Formation Fi is bringing cross-chain threat parity sensible farming to the world of decentralized finance. An evolution of conventional yield farming, the startup reconfigures defi portfolio development to assist customers higher handle threat and earn larger returns.

Study extra: https://formation.fi/

Roseon Finance provides a suite of DeFi and CeFi services to help users maximize the yield on their crypto assets

TORONTO, ON / ACCESSWIRE / May 4, 2021 / Roseon Finance, a mobile yield aggregator that manages your crypto portfolio, is delighted to announce the launch of its IDO for its $ROSN utility tokens on the 10th May 2021. A highly anticipated hybrid solution, Roseon combines DeFi and centralised financial services. The IDO will take place on the two most prevalent IDO platforms for the Binance Smart Chain, BSCPad and YellowRoad.

Overview

Roseon Finance is a mobile yield aggregator that manages your crypto and your NFT portfolio. Roseon provides many different services that will optimize yield across DeFi and CeFi networks, all of which are designed to bring new people into crypto and DeFi.

The world of DeFi and NFTs has been growing at a considerable rate in the last year. Public interest in decentralized solutions is at an all-time high. However, the crypto world can still appear to be a little intimidating to those unfamiliar with the space. Recognizing the need for DeFi to become more accessible, Roseon have strived to make the most user-friendly experience possible for new investors.

This philosophy is at the heart of the Roseon Finance mission. Currently available for Android and IOS, Roseon Mobile is the easy-to-use app that makes managing your crypto portfolio simple. Roseon Mobile is a portfolio manager that provides access to yield farming, coin swapping, smart saving and even an NFT gallery.

Meanwhile, Roseon DeFi is the decentralized yield farming application that will serve as Roseon’s decentralized liquidity provider, swap and DeFi aggregator.

The ROSN token is the utility token of the Roseon Ecosystem. It will allow holders access to all the ecosystem services, discounts on the Roseon platform fees and tiered loyalty rewards.

Roseon is partnered with OSL, Asia’s leading digital asset platform. They also have partnerships with OpenSea, Kucoin and many more. The list of firms to have invested in Roseon is just as impressive. Moonwhale, Kardia Ventures and AU21 are part of a long list of notable crypto investors to have shown faith in the Roseon project.

Roseon Finance was founded to make DeFi and NFTs more accessible for the general public. This IDO is just one more step in our mission to bring crypto to everyone.

• Allan Ta, CEO and Founder of Roseon Finance

About BSCPad

BSCPad is the first decentralized IDO platform for the Binance Smart Chain Network. BSCPad empowers cryptocurrency projects with the ability to distribute tokens and raise liquidity.

BSCPad’s vision is to create a fair decentralised launch that guarantees an allocation to users in every tier. There is no luck, no lotteries, and no bots; only fair distributed rewards for all participants based on their BSCPad token holdings. The BSCPad platform is a provably fair system that incentivizes users to accumulate and hold tokens to support each and every project launched.

About Yellow Road

Yellow Road is a bright, unique, and engaging IDO platform to empower the most innovative crypto projects by leveraging the power of community. Yellow Road’s vision is to empower projects, people, ideas, and ethics. It aims to achieve this by creating a platform dedicated to BSC project IDOs that will see them backed by a community that trusts in them.

The platform offers a range of funding solutions from smart auctions to community building and engagement programs for new projects.

Roseon Finance

Website | Deck | Tokenmetrics | Whitepaper | Telegram Chat | Telegram ANN | Twitter

Contact: Allan Ta, CEO of Roseon Finance

Contact email: [email protected]

SOURCE: Roseon Finance

View source version on accesswire.com:

https://www.accesswire.com/644263/Roseon-Finance-Maximizing-The-Potential-of-Your-Crypto-Portfolio

SafeETH has developed an computerized yield and liquidity era system. SafeETH has its personal means of producing yield and it does this by including a four% tax to each transaction. This price is then cut up in half, with 2% being dispersed proportionally among the many token holders and a pair of% goes to the liquidity pool. 

Which means that whoever performs a transaction will contribute to the tax holdings, and all the assortment is returned again to profit its traders. Therefore the merchants get revenue 24/7 as others hold buying and selling.This insures that every one SafeETH traders achieve not solely by the value going up, but in addition by the token quantity of their pockets going up. This methodology helps to compound its traders’ positive aspects shortly.

The intention of SafeETH is to execute a method to achieve yield from holding tokens with out the method of staking or farming. This can be a life-changing concept by SafeETH which might utterly alter the necessity to stake or farm cash by having to retailer or lock them the place they can’t be accessed simply.  This additionally tackles the problem of “Impermanent Loss,” which is one thing that stakers and liquidity suppliers perceive all too nicely. SafeETH has eliminated the pointless hurdles that these different strategies comprise.

There are just a few main advantages to the SafeETH course of. One, the upper the transaction quantity and/or transaction amount, the extra the traders get out of it. Two, that is additionally a possibility for the traders to assist themselves as they assist SafeETH develop and evolve with extra transactions and extra charges. This makes the traders the principle asset of SafeETH. 

Initially, SafeETH burned 60% of the tokens by sending them to the blackhole/burn deal with completely lowering the provision. This blackhole deal with which receives a share of every transaction can also be the most important holder of SafeETH. This ensures that the burn continues 24/7 which makes SafeETH a deflationary token. What this implies is the circulating provide is at all times happening. With each transaction SafeETH turns into increasingly uncommon, increasingly worthwhile. The locking of the two% in liquidity additionally has the impact of accelerating the overall worth ground of SafeETH, guaranteeing the flexibility to commerce out and in of the token with ease. This fashion, traders could be assured of a stable depository and luxuriate in a portion of the opposite 2% achieve for themselves. 

Media Contact:

E mail – [email protected]

Web site – https://safeethbsc.com/

Within the blockchain business, we should see the longer term earlier than others.

BTC has risen to the best level in historical past, and now it’s not appropriate for us to take a heavy place.

From the attitude of funding, funding primarily based on fundamentals is the kingcraft funding, which is the psychological cornerstone for folks to face short-term fluctuations and stay agency, in order that the explosive energy of BTC, ETH, LTC, dot, uni, and so on. within the bull market won’t be ignored. The affect of fundamentals on the secondary market value can solely be exerted within the bull market stage.

So what are we going to speculate subsequent to create extra earnings for us?

The reply is to discuss with what organizations are laying out.

Lately, with the pinnacle utility RR dVod coming on-line quickly, and the airdrop transformation of the unique Web undertaking, YYeTs has gathered “capital” in 16 years, together with 20 million lively customers and information swimming pools, tens of 1000’s of part-time translators from everywhere in the world, and almost 100000 translation lovers.

The general growth progress of CVNT aware worth community is comparatively optimistic, and the longer term has change into increasingly more clear. Many institutional buyers round them regard CVNT as a uncommon alternative and deal with the format.

Blockchain undertaking is the competitors of capital within the last evaluation. For peculiar folks, alternatives will solely seem within the earliest stage, solely when a considerable amount of funds don’t enter the market in batches. The CVNT storage mining and RR dVod content material distribution mining, which shall be began quickly, are seemingly to offer start to various new wealthy folks within the coin circle

Alternatives are fleeting. Contemplating that CVNT can also be an outdated public chain undertaking, I cannot elaborate on the background of the undertaking and the entire storage public chain observe within the following contents. I’ll deconstruct the foreign money value rise and appreciation logic most involved by everybody from three views: the basics of the undertaking, the pinnacle utility RR dVod and the worth seize of CVNT token.

CVNT: 2021 New Pattern in Blockchain Trade

CVNT aware worth community (hereinafter known as CVNT) is dedicated to fixing the issues of low efficiency, poor safety, excessive growth problem and extreme dependence on service prices of present blockchain purposes, and realizing the efficiency growth and decentralized storage of distributed purposes. The newly upgraded “VRF consensus major chain + PoST+ double chain construction” runs completely in the primary community launched by CVNT in the course of final 12 months, establishing a excessive scalability, excessive efficiency and secure underlying storage structure. Primarily based on the brand new consensus algorithm, the block pace, success charge, delay, server price and scalability price of CVNT’s major community drastically surpass these of the identical sort of public chain. As well as, there are numerous improvements in the way in which of know-how growth, which collectively assist the positioning of “distributed database cloud + BaaS platform” and the belief of associated capabilities.

In contrast with Filecoin, which additionally makes use of the consensus of PoST, CVNT major community goes on-line earlier. At current, the block top is sort of 50 million, TPS / CTPs is greater than 50000, and 100 tremendous nodes are supported. On the idea of inheriting the prevailing mature scheme, all some great benefits of PoST are realized by superposition, and the present technical dilemma of Filecoin is damaged down one after the other. In contrast with the lengthy undertaking cycle and big purpose setting of Filecoin, CVNT pays extra consideration to the large-scale implementation of economic stage decentralized purposes, helps the present Web initiatives migration and conventional entity enterprise asset digitization, together with the mixing of baas know-how into its personal enterprise.

RR dVod is a decentralized and modern video community system deployed on the CVNT worth aware community, which carries 20 million customers of YYeTs to deploy on the chain. The product system covers three useful modules: video content material participant / distribution / search, high-quality content material funding and fairness, and distributed DSN.

Due to the extraordinary competitiveness of RR dVod, many individuals assume that CVNT is prone to change into an enormous Mac undertaking in 2021. As well as, from the latest state of affairs, probably the most tough half within the growth of CVNT is near completion. Within the Q1-Q2 roadmap launched in January, we will see the 4 main replace plans of CVNT. Every of those updates factors to the massive market of billions of , reflecting the excessive pondering of the undertaking core staff on the implementation and evolution of blockchain know-how up to now two years. These embrace:

(1) Evolving the pest consensus

Construct normal stage decentralized (distributed) storage infrastructure

The essence of blockchain is distributed and decentralized. One of many bottlenecks within the growth of blockchain is the distributed storage capability. Particularly for most elementary public chains, tips on how to retailer a considerable amount of information of their major chain is an pressing drawback. The longer term distributed utility (DAPP) needs to change into an excellent utility broadly utilized by the general public, it should additionally resolve the storage drawback. Due to this fact, the distributed storage of CVNT is prone to change into the infrastructure of the longer term blockchain business, which brings us enormous creativeness.

(2) Redefine the operation mode of erc20

IPFS and Filecoin undertake the submit storage capability consensus algorithm to comprehend the primary storage chain, however it’s virtually unimaginable to attain good integration when it comes to sensible contract and digital machine. CVNT introduces a multi language supported sensible contract digital machine to comprehend a operate just like “bridging”, that’s, CVNT is allowed to run sensible contracts of different blockchain initiatives, and different blockchains are additionally allowed to run sensible contracts of CVNT.

(three) The following era of smarter sensible contracts

CVNT’s sensible contract is an especially safe and secure subsequent era sensible contract, which extends and helps new enterprise utility stage capabilities resembling NFT’s registered property, and absolutely helps decentralized purposes to guard privateness. It will allow CVNT community to assist the necessities of many enterprise stage blockchain purposes, which is an especially broad blue ocean market.

(four) Enhance the scalability of the underlying public chain and keep away from laborious bifurcation

CVNT VRF consensus major chain depends on the random algorithm with little computation and virtually no delay. When it comes to scalability, the algorithm could make an incredible breakthrough. On the identical time, just one block with the best precedence is notarized each time, which signifies that the blockchain will hardly bifurcate. Primarily based on this, if new know-how seems sooner or later, it may be simply added to the CVNT system, which is conducive to the improve and iteration of the system.

To benefit from the candy asset progress introduced by high-quality digital property now could be the results of “elementary funding is kingly funding” and taking funding actions accordingly when there may be panic in bear market.

Due to this fact, from the framework of CVNT and the present operation of the primary community, we will see the dedication and braveness of the staff to open up the period of public chain three.zero. Each step is regular, prepared to speculate assets for the technical imaginative and prescient, and the promised technical milestone by no means jumps. It’s a actual primary sturdy undertaking.

20 million customers have joined CVNT. The longer term is beckoning to you. What are you ready for?

Euro Asset Hong Kong, a subsidiary of Euro Group of Companies, working in the market as an assets management and holding company, primarily in the crypto market, has acquired Eurofix (EFX).

Eurofix is a crypto technologies provider company founded in 2018, working with a mission of empowering everyone in the financial system to make it more accessible and easy to use with the help of crypto technologies. Their platform enables individuals, organizations, and entrepreneurs to come together in order to trade, raise fundings, invest with products that are easy to use, safe, and accessible to each and every one. They believe in reinventing money to transform the world’s economy so that people can live better lives. Eurofix is the company that holds a large amount of ERC-20 that is a technology tokenstandard in ethereum.

Ethereum, one of the most popular and significant blockchain system, based upon the tokens that are the sole unit for buying, selling, and trading. There are multiple tokens that are used on the platform and one can make their own too. One of the most significant tokens is ERC-20, which has now become a technical standard used for all the smart contracts on the ethereum blockchain for token implementation. ERC-20 is really similar to bitcoin, litecoin, and other currencies but instead of issuing a new blockchain, it uses the ethereum as a platform.

The Euro Group of Companies is into four main business streams that are, property investment and development, executive search and recruitment, events and marketing management, and asset management as Euro Assets. Having multiple sites around the world including, New York, Singapore, and Hong Kong.

The Euro Assets offers prospective investors an opportunity to share in superior risk-adjusted and risk minimized returns on investing in prime real estate on an opportunistic basis. The company is looking to expand its horizons and is now entering the crypto market with an acquisition as they acquire Eurofix recently.

The company excels in performing comprehensive risk-reward analysis in regards to shifting macroeconomics and demographics and have shown the best results. The primary strategy of Euro Assets is to source prime real estates build their perceived value and then make a profit out of selling it. They use many techniques for the purpose that includes marketing, promotions, etc. same is going to be done with the Eurofix and they are going to make a whole lot of profit out of the investment as ERC-20 is a leading technology on ethereum platform.

ERC-20 is a gold mine as it is a leading token and more and more people are going into it as a wave of change that is urging more people into blockchain technology and especially ethereum. Considering the fact that ethereum allows to create and trade customized tokens for organizations or individuals, it has a higher acceptance rate and a clear edge over the other technologies.

Dubai has announced to go decentralized by 2025 and most of its systems will be on ethereum backed by the very same token and the firm is going to be in weight against gold and make tons and tons of profit with this deal.

On the other hand, this is a potential threat to the system aswell. As most of the stakes will be owned by the company that is fairly new to the crypto industry, and is open to business only, it is possible that the future of these tokens and technology, in general, may have a great influence on the firm’s own benefits and interests and may have a negative influence on the growth of technology as well. The future of the most advanced and used technology is in the hands of an industry noob and we are here to see what happens and accept as the most stakes hail from them only.

What we can do is hope for the best and wait and watch what happens. And what shape does it take in the new hands and the coming days? This could be the most controversial and most devastating acquire of the tech industry and is going to shape the future of technology and the way we see, use, and handle technology these days for sure!

As the original cryptocurrency, Bitcoin was the inspiration for hundreds of others, including little brother Litecoin and Ethereum.
But some of these blockchains—including Bitcoin Cash, Bitcoin Gold, and Bitcoin Diamond—are direct forks of Bitcoin and share most of their DNA with the leading cryptocurrency.
In total, there are over 40 bitcoin offshoots resulting from people deciding to fork the Bitcoin blockchain to create their own cryptocurrency. Here are three of the most popular:
Bitcoin Cash
Fork date: 1st August 2017
Bitcoin Cash—also known as Bcash—is the most famous fork of Bitcoin.
This cryptocurrency born in August 2017 was the result of ideological differences between those who thought of bitcoin as more of a store of value, like digital gold, and those who maintained that it should be thought of as a peer-to-peer currency.
This led to disagreement over how the network should most effectively be scaled. Bitcoin Cash supporters thought that increasing the block size was the answer to accommodating more transactions, and the rest of the community thought that SegWit provided a better solution.
Bitcoin Cash supporters like Roger Ver said the bigger block scaling method would let Bitcoin stay true to Satoshi’s original vision of a peer-to-peer digital currency, but his opponents argued that the big blocks would only provide temporary relief and that the SegWit scaling method was better over the long-term.
This led to heated debate within the space, and eventually, a group of activists and developers pushed for a hard fork that would increase the Bitcoin block size.
Bitcoin Gold
Fork date: 24th October 2017
Just over two months after Bitcoin Cash came another fork, this one proposing to help Bitcoin become more decentralized by using GPU mining rather than ASIC mining.
This change to the mining algorithm meant that Bitcoin Gold could be mined using anyone’s spare computing power without having to invest in specialized mining equipment, just like in the early days of Bitcoin.
The fork was driven by a few enthusiasts who believed that the original Bitcoin mining system had become monopolized by a handful of mining companies, making it too centralized and vulnerable to attack.
Bitcoin Private
Fork date: 3rd March 2018
Bitcoin Private. This cryptocurrency aims to bring together the benefits of bitcoin and the privacy features of Zcash—specifically zk-SNARKS, of which the “zk” stands for “zero-knowledge.”
But instead of being forked directly from bitcoin, as was the case with popular cryptocurrencies like Bitcoin Cash and Bitcoin Gold, Bitcoin Private was created from a copy of a digital currency known as Zclassic which is itself a fork of ZCash, and ZCash itself was a fork of the original bitcoin. 
Complicated? That’s why Bitcoin Private has come to be known as a spork, rather than a fork!
The Forking Process
Each of these cryptocurrencies is the result of a change to the rules governing the Bitcoin network.
As a decentralized network, no single party has control over Bitcoin. Instead, the blockchain is kept ticking over by algorithms based on certain rules. These algorithms facilitate transactions, prevent people from spending the same bitcoin twice and regulate the flow of freshly mined bitcoins into the network. 
If someone wants to change the rules, and the people running Bitcoin nodes maintaining the bitcoin network can agree that the new rules will make bitcoin better, then they can be implemented with no issue through either a soft fork, which happens when the proposed changes are backwards compatible or a hard fork when the proposed changes are not backwards compatible and a new chain and cryptocurrency must be created.
With an agreement that a fork will take place, the people running the nodes agree on a certain block number when a new chain will be created bound by the new rules. 
When this block is mined, another blockchain is created. So we have one chain that follows the old rules, and one that follows the new rules. Both share the same past blockchain, but the new blocks are different in each chain—It has forked.
If you are holding Bitcoin at the time of the fork, then you will also receive the cryptocurrency associated with the new chain. This is why the price of a cryptocurrency will often rise before the date of a hard fork as buyers stock up to make the most of the opportunity to get more funds. 
But just because the numbers of coins you have doubles, the value of those coins is still based on market forces and many forks of Bitcoin have become almost worthless.

Editor’s note: An oversight was made in regards to the value of the settlement proposed in this case. The article was fixed to showcase the factual truth.
If you have been close to, or participated in the Tezos ICO, you are already aware of the significant amount of disputes and lawsuits that have followed in the wake of the $232 million worth of BTC and ETH raised during the project’s fundraiser.
Today, new information emerged in regards to the court proceedings related to Tezos’ ICO class action lawsuit, where they are being held accountable for violating federal securities laws by offering and selling Tezos tokens without a registration statement with the SEC.
The SEC has proposed a $25 million settlement in cash, which if accepted will be considered to resolve all claims from investors and cover all lawyer fees, according to a press release by the United States District Court of California.
Arthur Breitman and Kathleen Breitman, the leaders of the Tezor project and their lawyers will be able to accept the settlement during a hearing held on 27th of August, 2020. At the same hearing, the judge will determine whether the proposed settlement is fair and reasonable, or if it should be dismissed with prejudice.
If you have participated in the Tezos ICO, you can participate in this litigation. For the best information about this proposed settlement, visit https://www.tezosfoundationsettlement.com/

Photo by Aaron Sebastian on Unsplash
Disclaimer: This post is a press release provided by Wachsman, a blockchain PR agency on behalf of their clients and is not representative of any views, beliefs, and values held by www.crypto-news.net. The content below is to be understood at face-value as provided by the PR agency.
AdsDax, Hedera Hashgraph and Zee Entertainment Enterprises join forces to showcase a live, enterprise use-case for Distributed Ledger and Blockchain technologies
Swansea, UK —08 June — AdsDax, a decentralized advertising platform and marketplace to create, buy, verify, and sell advertising, has achieved over 1,300 cryptocurrency transactions per second (TPS) on Hedera Hashgraph’s enterprise grade distributed ledger. The announcement comes after AdsDax expanded the capacity of its infrastructure and began running large advertising campaigns in partnership with Zee Entertainment, one of India’s largest news networks. This is the first time that Distributed Ledger Technology (DLT) has reached this volume in a live, commercial environment.
The advertising campaign conducted with Zee Entertainment in order to achieve this milestone involved real-time micropayments in cryptocurrency for each impression occurring on the ad network. Through the campaign, AdsDax has proved that it has capacity to offer real-time transactions of cryptocurrency to consumers for their engagement with advertising in the form of ‘micro-rewards’.
Talking about the achievement, Ian Mullins, AdsDax CEO, stated, “This record is a huge proof-point for our business model and showcases how AdsDax is leading the way in the adoption of Distributed Ledger Technology in advertising. We are one step closer to our goal to pay micro-rewards to consumers for their time, data, and attention whilst surfing the internet.”
Mullins continued, “In reaching over 1300 tps, AdsDax, together with Zee Entertainment and Hedera Hashgraph, have proven we can deliver high throughput adtech and fintech solutions that require automation and data analysis across billions of consumer interactions every month. We reached over 1300tps and neither our platform nor the Hedera network flinched; we have the capacity to go even bigger.”
AdsDax has been growing rapidly, especially in India, since its beta release and has been working with massive ad agencies such as Havas Media, GroupM, and Isobar. This case study with Zee Entertainment highlights the positive impact of the AdsDax platform for publishers.
Discussing the impact of this achievement from a publisher perspective, Amit Qazi, Programmatic and Ad Operations Head at Zee Entertainment Enterprises Ltd said, “We were amazed by the scalability and speed of the AdsDax platform. We have looked at the potential for Blockchain and Distributed Ledger Technologies to solve publisher pain-points such as payment, transparency, and accountability. AdsDax have built a system that can not only process all of our inventory in real-time, but also has the prospect of enabling real time payments for publishers. We look forward to continuing our partnership as Zee Entertainment Enterprises continues to innovate in the fields of content creation and monetisation.”
Working with Hedera Hashgraph, AdsDax has been tracking millions of live events from advertising in real-time, allowing advertisers and publishers to get real-time, consensus verified statistics directly from Hedera.
“Hedera was architected from the beginning to handle high throughput, low latency use cases such as mitigating ad fraud”, said Mance Harmon, CEO and Co-Founder of Hedera. “We are excited that AdsDax was able to prove to Zee Entertainment that the mainnet is ready for the types of high transaction volumes necessary to support their business goals.”
Ian Mullins concluded, “We are very happy with the success of our platform and the scale, speed, and stability we are currently achieving. We are continuing to build milestone after milestone, having recently consistently exceeded Ethereum’s combined daily transactions of all of its dApps and now becoming, to my knowledge, the highest throughput live use case for blockchain and distributed ledger technologies. This is almost certainly a world record and a cause for celebration for everybody in crypto as we push for more enterprise uses of the technology and greater public adoption of cryptocurrencies.”
About Hedera
Hedera Hashgraph is a public distributed ledger for building decentralized applications. Developers can build secure, fair, blazing-fast decentralized applications on top of the Hedera platform. Dr. Leemon Baird, Hedera Hashgraph Co-Founder and Chief Scientist, and Mance Harmon, Co-founder and CEO of Hedera, patented the groundbreaking hashgraph technology after working together at the United States Air Force Academy and as founders of Trio Security, BlueWave Security, and Swirlds, Inc.
For more information, visit https://www.hedera.com, or follow us on Twitter at @hashgraph, Telegram at t.me/hashgraph, or Discord at https://www.hedera.com/discord The Hedera whitepaper can be found at https://www.hedera.com/whitepaper.
About AdsDax
The AdsDax vision for a new ecosystem is a unified platform that facilitates all aspects of digital advert creation,  campaign delivery,  traffic, and content verification and optimisation with transparent reporting and costs. The AdsDax platform allows all participants to benefit from the money that is currently wasted through middlemen and instead rewards consumers and incentivises participants to create more engaging and relevant ad experiences.
The founding team started as Yamgo, a mobile-oriented content provider that monetised video on mobile. At Yamgo, we saw the problems content owners had monetising their content. We evolved into AdSpruce and worked to solve the problems of monetisation for content owners, enabling them to monetise video and display inventory. Through AdSpruce, we developed an end-to-end video advertising platform, working with 25+ of the world’s top 100 Ad Age brands.
For More information:Matt TurnerConsultant, Wachsman PRE: [email protected]T: +353-(0)-87-794-2017