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Month: December 2021

  • AdaSwap Partners With Djed Stablecoin, Issued By COTI, To Explore DEX Listing & Integration Opportunities for Djed Stablecoin

    AdaSwap Partners With Djed Stablecoin, Issued By COTI, To Explore DEX Listing & Integration Opportunities for Djed Stablecoin

    Tel Aviv, Israel, 21st December, 2021,

    AdaSwap, an ecosystem builder that will establish the first decentralized exchange on the Cardano network, is partnering with the COTI, the issuer of Djed, Cardano based stablecoin to explore ways in which it can be integrated with the AdaSwap DEX.

    Under the partnership, AdaSwap will explore listing opportunities for Djed on the AdaSwap DEX and examine ways in which it can utilize the algorithmic-based stablecoin network Djed is building.

    AdaSwap is building a native, gamified DEX for the Cardano network that enables the crypto community to easily swap Cardano-based tokens in seconds with low fees. As part of that project, it’s also creating a native Cardano NFT marketplace plus fixed, long-term and high-yield liquidity pools that will allow token holders to stake, buy and sell NFTs and earn interest on their investments.

    Djed is an algorithmic, Cardano-based stablecoin protocol that behaves like an autonomous bank, buying and selling for a price in a range that’s pegged to a target price. Through these smart contract-based mechanisms, Djed ensures price stabilization, making it especially promising in decentralized finance operations. The algorithm works by operating a reserve base of coins, minting and burning tokens as necessary to ensure price stability.

    The Djed stablecoin is built atop of the COTI finance-on-the-blockchain ecosystem that aims to overcome challenges around fees, latency, global inclusion and risk in centralized finance, as well as the issues of clogging, fees and complexity in DeFi. COTI does this through a proprietary consensus algorithm based on machine learning, called Trustchain, which lives on a new, multi DAG (directed acyclic graph) data structure that’s scalable, fast, private, inclusive, low-cost and optimized for finance.

    “As a Cardano believer, I love seeing COTI’s strong involvement in the Cardano space, it shows the potential being created for the Cardano ecosystem by innovative participation,” said Lennon Qualmann, CEO of AdaSwap.

    As the issuer of the Djed stablecoin, COTI is tasked with publishing its smart contracts and serving as the front-end for funds, enterprises, developers and others who wish to mint Djed and the reserve coins used as part of its pegging algorithm. AdaSwap platform users will be incentivized with rewards to provide liquidity through Djed trading pairs.

    About AdaSwap

    AdaSwap is an ecosystem builder aiming to create the first decentralized exchange on the Cardano network. The AdaSwap DEX will make it easy to swap cryptocurrency tokens, create, buy and sell NFTs, launch new projects and stake funds in liquidity pools to earn fees on the Cardano blockchain.

    Contacts
    • Aaron Jacob Tait
    • hello@adaswap.app
  • Pre-registration of APENFT Marketplace is Live!

    Pre-registration of APENFT Marketplace is Live!

    Singapore, Singapore, 21st December, 2021,

    APENFT Foundation has announced that its APENFT Marketplace pre-registration event (https://waitlist.apenftex.com) has officially opened. Users can now participate in pre-registration for token and NFT airdrops with a total value of 1 million U.S. dollars.

    APENFT  Marketplace is supported by the underlying technology of world-renowned public chain TRON combined with the world’s largest distributed data storage system BitTorrent, based on NFT transactions. This pre-registration event will issue 10,000 limited-edition NFT cards to participating users. Holders of NFT cards will be eligible to participate in the whitelist of the trading platform, as well as recommend artists, popular NFT projects, or well-known IPs, and receive bonuses and other rights. The prizes include 10000 Exclusive NFT VIP Cards Giveaway and up to $1,000,000 Tokens+Famous NFTs Airdrop. 

    Invite Friends, Enjoy Extra Airdrop+Commission

    Registration method: users submit their own email account

    Website address：https://waitlist.apenftex.com/

    About APENFT Foundation

    APENFT is backed by the underlying technology of top-notch blockchains Ethereum and TRON with support from the world’s largest distributed storage system BitTorrent File System (BTFS). It is committed to delivering the mission of registering world-class artworks as NFTs on the blockchain, bringing outstanding artists worldwide and blockchain together, and supporting native NFT artists in the crypto world. 

    Like how blockchain democratizes finance like never before, APENFT, by turning top artists and art pieces into NFTs, not only upgrades the way artworks are hosted but also transforms them from being elite-exclusive items to something that truly belongs to the people and mirrors their aspirations. APENFT is the art for everyone.

    Contacts
    • Sem Xu
    • contact@apenft.org
  • Frax Defi Coin Review: Frax is the World’s First Fractional-algorithmic Stablecoin

    Frax Defi Coin Review: Frax is the World’s First Fractional-algorithmic Stablecoin

    About Frax Defi

    The Frax Defi Protocol is the first fractional-algorithmic stablecoin system. Frax is open-source, permissionless, and entirely on-chain – currently implemented on Ethereum (with possible cross chain implementations in the future). The end goal of the Frax protocol is to provide a highly scalable, decentralized, algorithmic money in place of fixed-supply digital assets like BTC. The protocol incorporates the following concepts:

    Fractional-Algorithmic – Frax is a unique stablecoin with parts of its supply backed by collateral and parts of the supply algorithmic. The ratio of collateralized and algorithmic depends on the market’s pricing of the FRAX stablecoin. If FRAX is trading at above $1, the protocol decreases the collateral ratio. If FRAX is trading at under $1, the protocol increases the collateral ratio.

    Decentralized & Governance-minimized – Community governed and emphasizing a highly autonomous, algorithmic approach with no active management. Fully on-chain oracles – Frax v1 uses Uniswap (ETH, USDT, USDC time-weighted average prices) and Chainlink (USD price) oracles.

    Two Tokens – Frax Defi Coin is the stablecoin targeting a tight band around $1/coin. Frax Shares (FXS) is the governance token which accrues fees, seigniorage revenue, and excess collateral value.

    Before Frax, stable coins were divided into three different categories: fiat collateralized, overcollateralized with cryptocurrency, and algorithmic with no collateral. Frax is the first kind of decentralized stable coin to classify itself as fractional-algorithmic ushering in the 4th and most unique category.

    Frax Defi Finance Facts

    Olympus Finance Facts
    Defi Coin NameFrax
    Short Name FRAX
    Total Supply1,505,574,682
    SourceClick Here To View Source
    Chat Option Click Here To Visit Chat
    ExplorersClick Here To View Explorers
    Official WebsiteClick Here To Visit

    What Makes Frax Unique?

    The Frax Protocol is a community driven and unique design stablecoin. Over 60% of the supply of FXS is issued over a number of years to liquidity providers and yield farmers. It is an entirely decentralized protocol with governance onchain. It is also the first and only stablecoin to incorporate the fractional-algorithmic hybrid design at the time of its launch in November 2020.

    Frax is a new paradigm in stablecoin design. It brings together familiar concepts into a never before seen protocol:

    Fractional-Algorithmic –

    Frax is the first and only stablecoin with parts of its supply backed by collateral and parts of the supply algorithmic. This means FRAX is the first stablecoin to have part of its supply floating/unbacked. The stablecoin (FRAX) is named after the “fractional-algorithmic” stability mechanism. The ratio of collateralized and algorithmic depends on the market’s pricing of the FRAX stablecoin. If FRAX is trading at above $1, the protocol decreases the collateral ratio. If FRAX is trading at under $1, the protocol increases the collateral ratio.

    Decentralized & Governance-minimized –

    Community governed and emphasizing a highly autonomous, algorithmic approach with no active management.

    Fully on-chain oracles –

    Frax v1 uses Uniswap (ETH, USDT, USDC time-weighted average prices) and Chainlink (USD price) oracles.

    Two Tokens –

    FRAX is the stablecoin targeting a tight band around $1/coin. Frax Shares (FXS) is the governance token which accrues fees, seigniorage revenue, and excess collateral value.

    Crypto Native CPI –

    Frax’s end vision is to build the first crypto native version of the CPI called the Frax Price Index (FPI) governed by FXS holders (and other protocol tokens). FRAX is currently pegged to USD but aspires to become the first decentralized, permissionless native unit of account which holds standard of living stable.

    How Many FRAX and FXS Coins Are There in Circulation?

    The supply of the FRAX stablecoin is dynamic and always changing to keep the price at $1 due to its fractional-algorithmic monetary policy. The supply of the Frax Shares (FXS) tokens are hard capped to 100 million tokens at genesis with no inflation schedule in the protocol. The FXS token is the governance token which accrues all value of new minted FRAX, fees, and excess collateral. FXS is an investment and governance asset while FRAX is the currency token.

    FRAX Lending

    This controller mints FRAX into money markets such as Compound or CREAM to allow anyone to borrow FRAX by paying interest instead of the base minting mechanism. FRAX minted into money markets don’t enter circulation unless they are overcollateralized by a borrower through the money market so this AMO does not lower the direct collateral ratio (CR). This controller allows the protocol to directly lend FRAX and earn interest from borrowers through existing money markets. Effectively, this AMO is MakerDAO’s entire protocol in a single market operations contract. The cash flow from lending can be used to buy back and burn FXS (similar to how MakerDAO burns MKR from stability fees). Essentially the Lending AMO creates a new avenue to get FRAX into circulation by paying an interest rate set by the money market.

    Who Are the Founders of the Frax Protocol?

    The Frax Protocol is the brainchild of American software developer Sam Kazemian who came up with the first idea of a fractional-algorithmic stablecoin in 2019.

    The founding team of Frax engineers includes Travis Moore and Jason Huan. Sam Kazemian originally devised the idea when he noticed that stablecoins were growing rapidly but none had any mixture of algorithmic monetary policy and collateralization. Projects that had purely algorithmic monetary policy had failed or shut down without any significant traction. Frax was designed as an answer to measure the market’s confidence in a partly algorithmic and partly collateralized stablecoin.

    Where Can I Buy or Obtain FRAX and FXS?

    FRAX, the stablecoin, is available on many major exchanges and DeFi platforms like Uniswap and DEXes. The Frax Shares (FXS) tokens are also available and as liquid as the stablecoin. Investors looking to purchase upside and governance rights to the world’s first fractional-algorithmic stablecoin should buy Frax Shares (FXS). Users who want stability by using the world’s only fractional-algorithmic stablecoin should purchase FRAX.

  • Citex Cryptocurrency Exchange Review: It Is Legit & Secure Exchange

    Citex Cryptocurrency Exchange Review: It Is Legit & Secure Exchange

    About Citex Exchange

    Citex Exchange is a Global Cypto Asset Trading Platform which based on British Virgin Islands founded in October of 2018. CITEX exchange reportedly has thousands of users from more than 80 countries.

    According to the team, CITEX supports Spot trading, OTC trading, PoS Staking, Masternode Hosting, Grid trading, Leveraged ETF trading and Options trading.

    Citex Exchange is a peer-to-peer digital asset trading platform with the aim to open up a digital asset trading platform for full process transfer, payment and transaction of legal currency.  CITEX is committed to providing a safe, efficient and open block chain digital asset trading and hosting platform with trust.

    Basic Information

    ExchangeDetails
    Exchange NameCitex
    Exchange TypeCryptocurrency
    Withdraw FeeFree
    Deposit FeeFree
    Taker Fee0.20% 
    Maker Fee0.20% 
    Website Homepage

    How To Sign Up & Start Trading

    You Sign Up For A User Account By Providing Basic Information.

    On Every Exchange You Will Get Option For Sign Up Or Create Account . Just Fill Some Basic Details Like Name , Email , Password , Security Question Etc For Registration . It Is First Step To Start Trading On Any Exchange

    You Then Receive An E-mail In Your Mailbox To Activate Your Account.

    Before You Can Login, You Must Active Your Account With The Code Sent To Your Email Address.Then You Will See A Message That Your Financial Account Is Activated And Ready To Go. This Means That You Can Log In And Start Trading In Cryptocurrency.

    Identity Verification

    For Successful Verification You Will Need Identity Documents. For Example, You Can Use A Driver’s License Or Passport, Where The Name Is Duplicated In Latin Letters.Confirmation Of Identity On Exchange Is An Optional Step. The Procedure Must Be Completed Only If You Want To Remove The Restrictions Of Btc On Deposit Or Withdrawal Of Funds Per Day.

    CITEX Trading fees

    Citex Cryptocurrency Exchange Trading fees are naturally very important. Every time you place an order, the exchange charges you a trading fee. The trading fee is normally a percentage of the value of the trade order. At this exchange, they don’t divide between takers and makers. Each party to a transaction pay the same fee: 0.20% of the order value.

    0.20% is an acceptable trading fee. Industry average has for a long time been 0.25%, but they are currently seeing a shift towards lower fees. Many exchanges now charge e.g. 0.10% or 0.15% instead. In any event, 0.20% should not be a deterrent factor from opening an account with this exchange.

    CITEX Withdrawal fees

    CITEX charges a withdrawal fee amounting to 0.0005 BTC when you withdraw BTC. This is around 40% lower than the industry average, as the industry average is arguably around 0.0008 BTC per BTC-withdrawal. All in all, the fees charged by Citex are a bit below the global industry averages.

    Deposit Methods

    Citex Exchange offers wire transfer as a deposit method, but credit cards is not an available deposit method. Accordingly, if you for any reason must use your credit card for deposits, this exchange is not for you. But in that case, you can just use the Exchange Finder to find another exchange suitable for you. Also, wire transfer are only available is you deposit the South Korean currency (KRW).

    The World’s Leading Trustworthy Crypto Assets Platform

    A Reliable Trading Platform

    As Top 1 POW trading platforms, they strictly follow industry rules, and the mission is open, transparent, equal and cooperative.

    Customer First Support Team

    They will help you select high-quality digital asset projects, 7*24H operation, solve your problem in a second to provide a full range of digital asset trading and management services.

    Rich digital asset rescourse

    They provide spots, mining pool and a variety of financial derivatives services for users come from more than 80 countries and regions.

  • What Is Persistence (XPRT)? Coin Review? Guide About Persistence

    What Is Persistence (XPRT)? Coin Review? Guide About Persistence

    What Is Persistence (XPRT)?

    Persistence is enabling exposure to multiple asset classes such as Liquid Staking (pSTAKE), NFTs (Asset Mantle) and Synthetics (Comdex). Persistence’s mission is to create an ecosystem of multi-chain Web3 products designed to stimulate global liquidity and enable seamless value exchange.

    Persistence Coin Core mainnet is a Proof-of-Stake chain powered by Tendermint BFT consensus engine. Persistence’s multi-chain tech stack (currently supporting Cosmos, Ethereum and other Tendermint-based chains) abstracts away the complexities for developers and enables them to create DEXs, marketplaces, lending/borrowing platforms etc.

    Persistence is also working on developing inter-chain NFT and Metadata standards along with leading Proof-of-Stake networks/foundations. Being one of the pioneers in Proof-of-Stake industry, Persistence also supports upcoming PoS networks through it’s validator arm AUDIT.one.

    Important Points Table Of Persistence

    BasicPoints
    Coin NamePersistence
    Short Name XPRT
    Max Supply1,000,000
    ExplorerClick Here To View
    ChatClick Here To Chat
    WebsiteClick Here To Visit

    Role of XPRT in the Persistence ecosystem

    1. Staking Token: XPRT holders can stake their tokens to earn staking rewards while helping secure the Persistence Main-chain
    2. Work Token: Stakers of XPRT benefit from the economic activity within the Persistence ecosystem. DApps within the Persistence ecosystem share a portion of their revenue/fee with XPRT stakers and validators
    3. Chain Governance: The XPRT token secures the network through staking, is used to pay for fees, and defines the weightage of vote for governance proposals to take critical decisions regarding the evolution of the Persistence chain

    Persistence operates at the confluence of DeFi, NFTs, and Proof-of-Stake and currently consists of 5 applications some of which are live and some will be going live in the year 2021 with many more applications in the pipeline

    1. Comdex: Comdex is an institutional user-facing application providing an end to end commodities trading solution such as trade discovery, trade settlement and trade financing

    2. pSTAKE: pSTAKE is a liquid staking application that allows stakers of prominent PoS networks to unlock liquidity of their staked assets and use these assets in DeFi while earning staking rewards

    3. Asset Mantle: Asset Mantle is a framework for NFT marketplaces. As a framework, Asset Mantle will provide all of the elements required to create individual marketplaces

    4. AUDIT.one is the validator arm of Persistence.one which provides top-tier validation services for leading PoS networks.

    How Many XPRT Coins are in circulation

    The Persistence Coin Core-1 Mainnet launched on 30th March, 2021 with a 100,00,000 XPRT genesis supply. 9.1% of the genesis supply (9,100,000 XPRT) is in circulation as of the launch of XPRT. XPRT supply is capped to a maximum of 403,308,352 XPRT and will come into supply over the next 15 years. To bootstrap the ecosystem, XPRT stakers will receive approximately 35% staking rewards in the first two years (Inflation halves every 2 year).

    VALIDATORS

    A network is only as strong as its validators. The Persistence network is secured by leading PoS validators running institutional-grade architecture, geographically distributed across the world. Validators in ecosystem secure more than $700M USD worth of assets collectively.

    InterNFT

    interNFT is a working group consisting of the leading interoperable projects and protocols building inter-chain standards for non-fungible tokens (NFTs) and NFT Metadata. This open collaboration was initiated by the Interchain Foundation and is being facilitated by Persistence together with ixo.

    STAKEDROP

    Persistence Coin community-focused initiative designed to facilitate the wide distribution of XPRT tokens among PoS token holders familiar with staking, thus accelerating the decentralisation of the Persistence mainnet once live. 1% of the total XPRT token supply has been allocated for distribution via StakeDrop.

    XPRT Token

    The XPRT token is primarily a governance token for the Persistence chain. Once the Persistence mainnet is launched, token holders will be able to stake XPRT tokens to passively earn more XPRT. XPRT token also plays the role of a ‘work token’, allowing the stakers to produce cash flows in correlation with the transaction volume generated by dApps in the Persistence ecosystem.

    Who are the founders?

    Persistence was established in Q2 2019 by Tushar Aggarwal (CEO) and Deepanshu Tripathi (CTO). Prior to founding Persistence, Tushar was the first employee at LuneX Ventures (crypto arm of a traditional Singapore VC- Golden Gate Ventures) and helped set up the fund which was the first regulated Crypto VC fund in Southeast Asia. Deepanshu was part of a three person team that created a unified payment acceptance platform which was whitelabeled to Reliance (investors include Facebook, etc) and eventually sold to an African fintech company for $9,000,000. Persistence is currently a 25 member team which includes developers from IIT-Bombay (the most premiere tech institute in India) and other top technology institutions of India.

    Where can I buy XPRT?

    XPRT is listed on Huobi, KuCoin, AscendEX, Gate.io, Osmosis, Emeris, Sifchain with more exchanges lined up to support XPRT shortly after.

  • Sneaky Vampire Syndicate (SVS) announces partnership with the upcoming Scream to bring real-world utility to the community

    Sneaky Vampire Syndicate (SVS) announces partnership with the upcoming Scream to bring real-world utility to the community

    Los Angeles, California, 17th December, 2021, Chainwire

    The Sneaky Vampire Syndicate (SVS), a wildly successful independent NFT project, is thrilled to announce that it has partnered with Paramount Pictures and Spyglass Media Group’s Scream. This collaboration is the first of its kind. No other NFT project has ever partnered with a major film release.

    SVS and the horror film are collaborating for the promotion of the latest film in the Scream franchise – ahead of its release on January 14, 2022 and to bring real-world benefits to the community. The SVS team is constantly adding as much utility as possible to bridge the gap between the NFT space and the mainstream media. 

    The upcoming Scream movie stars Melissa Barrera, Kyle Gallner, Mason Gooding, Mikey Madison, Dylan Minnette, Jenna Ortega, Jack Quaid, Marley Shelton, Jasmin Savoy Brown, Sonia Ammar, with Courteney Cox, David Arquette and Neve Campbell.

    Starting December 17, the SVS will run a fan art contest until the Blood Raffle Entry Period begins on January 4. The contest will encourage both the SVS and Scream communities to post their own fan art influenced by the collaboration using the official creative asset released as inspiration. 

    Throughout the duration of the contest, both SVS and @ScreamMovies social platforms will be interacting and engaging with these entries.

    The Blood Raffle Entry Period is between January 4-10, 2022. This is when the new Scream film will be allocating several pairs of tickets to their advanced screenings across North America for SVS holders. 

    The SVS holders will be able to enter a raffle using the $BLOOD utility token for the chance to win either a pair of tickets to the advanced screenings, a limited print (out of 500) of the creative asset released on December 16th, or a free ticket to the film. Holders receive three $BLOOD tokens daily when they stake their NFTs. 

    Although the advanced screenings and free tickets will be exclusive to the United States, SVS holders all across the world will be able to receive the limited print upon winning. 

    Advance screenings will occur a few days ahead of global release. Screenings will take place in select markets, with a quantity of seats reserved exclusively for SVS holders. Winners who attend screenings will also receive a gift, containing various Scream and SVS branded merchandise items and collectibles.

    About the Sneaky Vampire Syndicate

    The Sneaky Vampire Syndicate (SVS) is an independent NFT project consisting of 8,888 Vampires. Created by the former Bored Ape Yacht Club artist Migwashere, each vampire is unique, hand drawn with their own characteristics and expressions. From the outset, the SVS team has continued its vision of constant innovation, community-building, and to make all aspects of the project as fair as possible. 

    About Paramount Pictures Corporation

    Paramount Pictures Corporation (PPC), a global producer and distributor of filmed entertainment, is a unit of ViacomCBS (NASDAQ: VIAC; VIACA), a leading content company with prominent and respected film, television and digital entertainment brands. Paramount controls a collection of some of the most powerful brands in filmed entertainment, including Paramount Pictures, Paramount Animation, and Paramount Players. PPC operations also include Paramount Home Entertainment, Paramount Pictures International, Paramount Licensing Inc., and Paramount Studio Group.

    About Spyglass Media Group, LLC

    Spyglass Media Group, LLC is a global premium content company, led by Gary Barber, focused on developing, producing, financing and distributing motion pictures and television programming across all platforms for worldwide audiences. The company also has strategic backing from Lantern Capital Partners, Lionsgate, Warner Bros., Eagle Pictures and Cineworld Group.

    Media Contact: Sartaj Sandhu, team@svs.gg  

    Contacts
    • Thomas Kekker
    • team@svs.gg
  • Gate.io’s $2M Global Futures Trading Competition Is Live

    Gate.io’s $2M Global Futures Trading Competition Is Live

    Singapore, Singapore, 16th December, 2021, Chainwire

    • As one of the biggest trading competitions worldwide, GFTC hopes to bring together crypto enthusiasts from all over the world. 
    • Early bird registration starts on Dec. 15, 2021. Register here.

    Gate.io’s first Global Futures Trading Competition (GFTC) will be officially open for early-bird registration on Dec. 15, 2021. With a prize pool of $2 million, the GFTC will be the world’s first and largest futures trading competition. The top-ranked troop in the “Troop Showdown” can win up to $1.6 million from the prize pool.

    As the platform’s first futures trading competition, Gate.io has invested heavily in this event and hopes to bring together enthusiasts from all over the world for this exciting futures trading competition. Furthermore, the number of rewards available means that you can win a prize by simply participating in the competition.

    “The first crypto extravaganza of 2022 is just around the corner, and we have carefully planned GFTC in every single aspect,” said Marie Tatibouet, chief marketing officer of Gate.io. “In the past, people have marveled at Gate.io’s extensive range of products and services, such as the over 1,200 coins and tokens available to trade, GateChain and NFT Magic Box. Gate.io’s contract products have grown tremendously over the last year, reaching the top five worldwide,” she continued.

    How do I enter the competition?

    Gate.io aims to show every user the experience of futures trading first-hand. Simply sign up for Gate.io and open a contract account with greater than or equal to 200 USDT in assets to participate in the $2-million prize pool.

    Wide variety of contract pairs available

    Gate.io is known as one of the most popular exchanges in the industry, with almost 1,200 cryptocurrencies available for trading on the platform, including more than 200 contract pairs and 180+ pairs with USDT. Regardless of what tokens you are interested in, Gate.io is more than likely to have listed it.

    The largest prize pool among the exchanges (with extra goodies)

    The prize pool of GFTC’s “Troop Showdown” is up to $1.6 million, and the prize pool of “Solo Showdown” is up to $400,000. In addition to the prize pool, other rewards also include contract bonuses, limited edition OpenPunks nonfungible tokens (NFT), etc.

    GFTC details

    The registration period of this competition is from Dec. 22, 2021, to Jan. 17, 2022. The competition runs from Jan. 7 to Jan. 21, 2022.

    – Early-bird registration prize: New users who register will receive 10 USDT, while current users who register will receive 5 USDT. The “Troop Captain” who invites new users to join the troop will also receive 10 USDT each.

    – Troop Showdown: 80% of the total prize pool, with a maximum share of $1.6 million.

    – Solo Showdown: 20% of the total prize pool, with a maximum share of $400,000.

    – Limited Edition NFTs: Participate in the competition to earn a chance at winning a limited edition NFT worth $37,000.

    – Vote and Share: Correctly predict the champion in the “Troop Showdown” and earn another $10,000.

    About GFTC

    Gate.io’s first futures trading competition provides an expandable prize pool of up to $2 million. The competition consists of “Troop Showdown,” “Solo Showdown,” early-bird rewards, NFTs, voting rewards and more. Global traders can register through the official competition website.

    Click here to register

    About Gate.io

    Gate.io is a leading digital currency exchange with over 9 million users in 190 countries across the globe. The exchange offers over 1,200 coins and tokens to trade using spot, margin, futures and contract trading in addition to decentralized finance products through HipoDeFi, services through Wallet.io, investments through Gate Labs and GateChain platform. The company also offers an integrated list of products, such as its Startup IEO platform, NFT Magic Box marketplace, crypto loans and more.

    Contacts

    Head of PR & Communications

    • Diksha Sharma
    • Gate.io
    • diksha@mail.gate.io
  • ERTHA to Launch IDO on Top Gaming Launchpads — Seedify, GameFi and RedKite

    ERTHA to Launch IDO on Top Gaming Launchpads — Seedify, GameFi and RedKite

    Kaunas, Lithuania, 17th December, 2021, Chainwire

    Looking to expand the play-to-earn (P2E) and the Metaverse into depths that have rarely been explored, ERTHA is preparing to launch their IDO on three different gaming launchpads between the 19th and the 21st of December.

    The ERTHA metaverse, built on Binance Smart Chain, is a Heroes Of Might And Magic game-type that is inspired by our real-life economic and social experience to explore and investigate the virtual world while combining elements familiar from games such as Second Life. Users can choose different life goals, specializations, jobs and even countries, as well as buying land using non fungible tokens, or NFTs.

    ERTHA’s globe has 350,000 HEX land plots that are represented as NFTs. After buying a HEX land plot, players will receive revenue for every transaction. As a landowner for life, players are free to choose where to live, study, or work and earn the native token ERTHA.

    The game is designed to replicate a real-life environment, simulating people’s actions to earn a living. Users can explore this metaverse, learn real-world skills and play to earn. 

    The ERTHA token will play an essential role in the Erthaverse. As a game of economic and political intrigue, the ERTHA Token has various use cases for players. ERTHA tokens can be used to influence in-game politics, purchase land, make governance decisions, develop real estate and much more.

    The ERTHA team is excited to have secured spots on the top launchpads in the blockchain gaming market, so make sure to mark your calendars for the following dates: 

    Seedify — December 19

    A highly respected incubator and launchpad for blockchain games and gamers. Seedify provides an avenue for their community to get early access to tokens of upcoming projects before they are listed on exchanges.

    GameFi — December 20

    An all-encompassing hub for game finance (GameFi). The platform services blockchain gamers, investors and traders, alongside a launchpad that’s exclusive to launching new games.

    RedKite— December 21

    A cutting-edge launchpad and decentralized finance (DeFi) platform powered by PolkaFoundry. RedKite is focused on providing a unique & frictionless token sale process. Linas Kiguolis, the CEO and founder of ERTHA, said: “We’re proud to be at the forefront of blockchain gaming and it’s a pleasure to be launching on these top launchpads. Check our gameplay trailer — I think it demonstrates the scale of what we have made.”  

    To read more about about ERTHA you can visit: 

    Website 

    Marketplace

    Discord

    Telegram

    Contacts
    • Linas Kiguolis
    • linas@ertha.io
  • MetaVisa Hero Assembly NFT $100,000 Airdrop Event

    MetaVisa Hero Assembly NFT $100,000 Airdrop Event

    HongKong, China, 17th December, 2021, Chainwire

    MetaVisa is a layer-3 middleware protocol built on Ethereum, dedicated to developing a decentralized identity and building a credit system in Metaverse.

    MetaVisa has held 10 AMAs in the last two weeks with ten communities whose members are centered in Vietnam, Indonesia, India, Korea, the U.S., and much of Europe. In addition, MetaVisa also concluded a $50,000 Bounty Rewards event. Users who held a MetaVisa NFT Hero and set it as their profile photo on Twitter and retweeted event tweet with #MetaVisa had the chance to share the bounty rewards, which have all been issued.

    During the event and these last few AMA-packed weeks, MetaVisa’s Twitter following increased to 16.2k followers. Telegram’s global group reached 16.1k members. Over 6,500 users directly participated in recent events, and more than 1100 MetaVisa NFT Heros have been minted so far.

    In the coming weeks, MetaVisa will bring you the limited-edition line of MetaVisa Hero Assembly NFTs. A total of 10,000 of these special NFTs exist, and no more will ever be created. Participants who join this event will have the chance to share $100,000 USDT rewards.

    Details are as follows:

    1. How to win Lucky Draw Rewards?

    The first 1000 participants will earn a special reward. After that, lottery lucky draw will be held that award random NFT holders no matter when they acquired theirs .

    2. How much do Limited Edition NFTs cost?

    Participants only need to pay the gas fees for minting. There are no other costs.

    3. What is the benefit of owning a Limited Edition NFT?

    The Limited Edition NFTs released will serve as an individual user identity badge in the MetaVisa ecosystem, identifying MetaVisa users for future privileges.

    4. Can these NFTs be traded?

    There are no restrictions for trading. Users can transfer NFTs to third-party NFT platforms for trading. After the transfer or transaction, the ownership, identification, and subsequent rights and interests corresponding to the NFT will also be transferred.

    Rules:

    1. Only users who hold MetaVisa NFT Hero can participate in this activity. Claim MetaVisa NFT Hero at https://www.metavisa.com/nfts

    2. A user who holds a MetaVisa NFT Hero has three chances to draw a Limited Edition NFT every day.

    3. Each address can claim only 1 Limited Edition NFT.

    4. The user will need to pay all gas fees for claiming NFT

    5. The final interpretation rights for this event belong to MetaVisa.

    We hope you all enjoy participating in this event. We will hold a new airdrop campaign at a later date, so stay tuned for more coming events!

    Get in Touch with MetaVisa:

    Website: http://www.metavisa.com
    Twitter: https://twitter.com/MetaVisa
    Medium: https://medium.com/@metavisaofficial
    Official Community: https://t.me/MetaVisaOfficialCommunity
     

    Contacts
    • Eddie
    • service@metavisa.com
  • Quadency Launches Major Upgrade to Crypto Platform

    Quadency Launches Major Upgrade to Crypto Platform

    Road Town, British Virgin Islands, 16th December, 2021, Chainwire

    Phased Revamp Simplifies Access to Digital Assets as the Mainstream Arrives

    Quadency has launched a phased overhaul of its trading and strategy automation platform to allow seamless access to crypto across centralized and decentralized exchanges through a single account.

    As part of the upgrade, the platform will feature:

    • Industry best trading fees discounted further with QUAD, the native platform token
    • Faster, simplified user experience with tools for investors such as ‘1-click’ staking
    • More automation, building on the popularity of existing bots like their Portfolio Rebalancer

    Quadency, with its integrated exchange, will serve as a single access point to a broad range of assets across centralized and decentralized sources —- addressing market fragmentation issues that have long plagued the industry.

    First launched in 2018, Quadency soon introduced a library of automated trading strategies with easy-to-use bots that free users from having to sit in front of their screens 24/7. The firm grew to support most leading global exchanges, partnering directly with many of them such as Binance, in the process. 

    The platform is free to all users during the revamp, as Quadency prepares to leverage the QUAD token to reward users who contribute to the platform ecosystem through activities like trading, staking, liquidity mining, or sharing bot strategies. The first project out of their native launchpad, QUAD is an ERC-20 token with support for additional blockchains in the technical development plans.

    Quadency CEO and Co-Founder Rosh Singh said: “Cryptocurrency is a burgeoning market, expected to grow from $2.5 trillion today, to over $10 trillion in the coming years. But for the average trader, many early investment opportunities have been largely out of reach, hindered by unreliable tools, fragmented markets and complex technologies. At Quadency, we aim to simplify this access, opening the door to a new wave of investors.”

    About Quadency

    Quadency is a cryptocurrency trading and strategy automation platform serving investors of all levels. First founded in New York, with early support from the Dash Investment Foundation and other investors, Quadency is now based in the British Virgin Islands with teams located throughout the world.

    Today, over $1.5 billion dollars in digital assets are managed across trading accounts through the Quadency platform, and over 4,000 crypto markets are available for trading via 13 major global exchanges. Quadency offers portfolio analytics, asset research, streaming data for charts and pre-built trading strategies powered by sophisticated bots.

    For more information, please visit: https://quadency.com/quad-token/. 

    Contacts

    Business Operations

    • Antoine Wallet
    • Quadency Global LTD
    • info@quadency.com
  • Subsocial To Distribute 16.5M SUB Tokens After Securing Kusama Parachain Slot

    Subsocial To Distribute 16.5M SUB Tokens After Securing Kusama Parachain Slot

    Kyiv, Ukraine, 16th December, 2021,

    Subsocial, an open platform for decentralized social networks and marketplaces built on the Polkadot ecosystem, has secured a highly coveted parachain slot on the Kusama Network after easily winning the latest auction.

    The platform launched its bid for a Kusama parachain last month, inviting KSM token holders to support its proposal with the offer of rewards in its native SUB token. The project successfully hit its crowdloan cap of 100,420.69 KSM during the auction. Following the auction, SubSocial will distribute 16.5 million SUB tokens to contributors after its parachain goes live early next year.

    The successful bid brings SubSocial’s vision of an open platform with shared network effects that allows anyone to launch their own decentralized, censorship-resistant social network closer to reality. The platform uses the Substrate blockchain framework and IPFS for decentralized file storage. This allows Subsocial to connect to the Polkadot and Kusama networks. Kusama is a next-generation blockchain protocol that unites an entire network of purpose-built blockchains, allowing them to interoperate seamlessly at scale.

    Kusama is an innovation focused version of Polkadot that enables developers to experiment with new blockchains or applications before releasing them on Polkadot.

    Polkadot and Kusama combine to create “Dotsama”, a multi-chain ecosystem that acts as a bridge to various blockchains.

    By securing a parachain slot on Kusama, Subsocial will be able to leverage XCMP, Kusama’s cross-chain message-passing protocol, to communicate with other parachains on Kusama. This will enable Subsocial to build feature integrations with those parachains that benefit itself while adding value to other projects. One immediate benefit is that SUB tokens, which are needed to transact on Subsocial and participate in governance, will be easier to obtain by being listed on decentralized exchanges. The integrations will also make it possible for other social tokens to be used on the Subsocial platform.

    “We are thrilled to have Subsocial secure a parachain slot on Kusama. This will allow us to build all sorts of innovative integrations in the Social Finance sector. Our community’s support has been incredible,” said SubSocial founder Alex Siman.

    Subsocial’s Kusama parachain is set to go live on January 8, 2021. Its current betanet will be relaunched as a standalone mainnet at the same time, meaning it will operate two chains, connected by a bridge and sharing the same SUB token. Subsocial requires two chains as the standalone mainnet currently performs better, while the parachain is necessary for feature integrations.

    About SubSocial
    Subsocial is an open platform for creating decentralized social networks and marketplace. Built on the Polkadot ecosystem, its main features are censorship resistance and built-in monetization methods. The platform allows users to create their own decentralized sustainable social networks and enjoy full control over them. Subsocial is not a decentralized social network, like Twitter or Facebook, but rather Subsocial is a platform for building social networks.

    Contacts
    • Dan Edelstein
    • pr@marketacross.com
  • “Cute Dog” Coin Mochi Inu ($MOCHI) Bridges Gap Between Memecoins and Decentralized Finance

    “Cute Dog” Coin Mochi Inu ($MOCHI) Bridges Gap Between Memecoins and Decentralized Finance

    New York, USA / NY, 15th December, 2021, Chainwire

    Mochi Inu ($MOCHI) is the latest entry into the memecoin ecosystem and differentiates itself by successfully combining both memecoins and decentralized finance (DeFi), two of the most popular crypto subsectors, into a single coherent ecosystem. In addition, Mochi will soon enable community members to earn staking rewards and accumulate Mochi tokens at a discounted rate from a bond marketplace. 

    Memecoins, which are primarily community-driven, have gained significant momentum during the past two years. DeFi has also emerged as a trailblazing sector in cryptocurrency, with a current total value locked (TVL) of approximately $260 billion (Source: DeFiLlama).  

    “The protocol is designed to help ordinary people participate in crypto and overcome many of the obstacles they face in traditional markets,” said Azeem Ahmed, founder of Mochi Inu. “Unlike meme stocks, which seem often suppressed, the Mochi DeFi-memecoin ecosystem has free markets where every user has equal access. And unlike other memecoins, Mochi is backed by a DeFi protocol that can include staking, bond markets and stablecoins.” 

    The Mochi coin is run and governed by code built on decentralized infrastructure that enables truly free markets for users. Unlike most cryptocurrency, where purchases are made at market prices, Mochi bond markets may enable users to hedge against volatility by buying Mochi token bonds at discounted rates, which can be automatically staked to start earning rewards. And unlike many complicated decentralized applications that can be difficult to navigate, Mochi Inu has a simple and easy-to-use interface. 

    Mochi Inu was developed to bridge the gap between memecoins and DeFi, providing users  with a cute “doggy” meme coin plus access to a decentralized finance ecosystem.      

    Mochi Inu is an autonomously governed, non-custodial, decentralized finance protocol with a “cute doggy” meme coin community. MOCHI can be tracked on CoinMarketCap and CoinGecko. Additional information is available at mochi.fi.

    Contacts
    • Steve Honig
    • press@honigpr.com
    • 818-986-4300