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Pillar Releases V2 of the First Community-Run Multichain Wallet That Cuts Gas Fees by 99%

Press Release: Pillar launches V2 of its multichain crypto wallet – the first to be governed by users. 

 

28th June 2021, London, United Kingdom – The second iteration of Pillar’s flagship crypto wallet is launching in a period of stellar growth for the wider cryptocurrency industry as crypto assets across the board see their valuations soar. In turn, crypto wallet providers like Pillar are attempting to keep pace with demand, as more and more investors, traders and crypto-enthusiasts search for secure and accessible storage for their newly-obtained assets. 

 

The V2 of Pillar’s multichain wallet – which for the first-time will be community governed – aims to provide a user-friendly and safe option for these crypto-enthusiasts, as well as an inexpensive alternative to the more mainstream and established options. Indeed, V2’s new features and services are tailored to crypto newbies and natives alike, including: 

 

  • Community DAO – Pillar (PLR) token holders govern the product roadmap, fund initiatives; manage the treasury of 100M PLR tokens; and get rewarded for their contributions.

 

  • Low fees and faster transaction speeds – users can connect to dApps available on side chains and Layer 2 networks and pay 99 percent lower fees compared to Ethereum. 

 

  • Cross-portfolio management – one wallet, one address, and one dashboard to manage crypto assets across networks for a unified multi-chain experience.

 

  • In-app Curated insights – wallet users can access industry news, trends and educational materials directly within the app (via Pillar Stories).

 

  • Decentralized and secure – smart contract-based wallets offer enhanced security and are recoverable 

 

Pillar’s founders are holding a webinar launch event called “Will DeFi Cross the Chasm?” on June 30th at 6pm CET to show attendees how the V2 multichain wallet can guide them on their crypto journeys. 

 

CEO of Pillar, Michael Messele says:

 

“Pillar aims to play a vital role in bringing DeFi to a mainstream audience with this release,” adding;

 

“The V2 launch brings together the expertise we’ve gained from building and scaling smart wallet solutions in the decentralized space over the past three years with exceptional UX/UI.”

 

CCO of Pillar, Aldin Ademović said, 

 

“Ethereum remains the industry leader for innovation and liquidity, and Pillar V2 will guide users there, but with more intent and purpose by educating them on the basic characteristics of EVM-compatible chains and the benefits of smart contract wallets.”

 

The updated WalletConnect feature will have automatic network switching to connect users to chains like xDAI, Binance Smart Chain, and Polygon.

 

“Pillar’s native SDK, Etherspot, powers the multichain aspect of the V2 smart wallet, making the entire experience seamless for users,” Ademović continued; 


“Plus developers can leverage the technology for broader adoption in the DeFi space.” 

 

Pillar Partner Ramp Network  makes in-app fiat purchases possible on EVM-chains, reducing purchase fees by 80 percent. Data-driven analytics will be provided by partner Novum Insights, a market intelligence company based in London.

 

Pillar’s webinar launch event, “Will DeFi Cross the Chasm?” takes place on June 30th at 6pm CET! Speakers include Pillar CEO Michael Messele and CCO Aldin Ademović, together with industry leaders and partners including AAVE’s Integration Lead, Mark Zeller, Polygon’s VP Growth, Arjun Kalsy and 1inch’s Co-Founder, Anton Bukov. 

 

Click here to register for the webinar.

 

About Pillar

Pillar is an open-source project and community-run crypto wallet that makes DeFi markets accessible, affordable, and easier to navigate. 

It’s the first multichain DeFi wallet to be governed by users: PLR token holders can join the community DAO and take part in product development, project roadmapping, partnerships, funding marketing initiatives, and more

Powered by its native Etherspot, Pillar’s crypto wallet caters to users of Ethereum and EVM-compatible chains, and puts community first by empowering users with information.

Pillar V2 launches today with many exciting new features and benefits and users are encouraged to download V2 and join our Discord community. Download Pillar for Android or iPhone today!

To learn more about how Pillar plans to create a seamless DeFi experience for users, and to sign up for the webinar, visit the website here.

 

Follow Pillar on Twitter

Read Pillar documentation on Github

Download Pillar’s app for iOS and Android here

 

Media Contact Details

Contact Name: AmaZix Press Team

Contact Email: [email protected] 

 

PILLAR is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

 

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ZoidPay Brings Crypto Shopping to Amazon, Walmart, eBay, and Over 40 Million Online Retailers

Bitcoin Press release: The ZoidPay platform enables users to use their cryptocurrencies to shop at some of the world’s leading retailers, pay everyday bills, subscriptions, and even groceries.

 

17th June 2021, Bucharest, Romania ZoidPay, a company focused on crypto mass adoption, is launching a platform where consumers can shop using their digital assets from any big retailer across the world, including Amazon, eBay, and Alibaba.

 

ZoidPay: A Pioneer For Mainstream Crypto Adoption

ZoidPay has begun building an entire ecosystem around the global shopping experience, complete with staking and DeFi mechanisms. Since its incorporation in 2018, ZoidPay has been developing a series of innovative solutions with the purpose of making cryptocurrency easily accessible for daily use.

 

Making a Global Impact in E-commerce

A recent global survey by MasterCard showed that 67% of millennials were more open to using cryptocurrency today than they were a year ago. Despite growing interest, use-cases for consumers to spend cryptocurrency are still limited.

 

ZoidPay aims to answer this increasing demand by leveraging its e-commerce solution to bring crypto retail spending into the mainstream, and increase adoption in the process. ZoidPay blends shopping with staking and other DeFi integrations, creating a unique, personalized user experience. Users can enjoy enhanced benefits, such as crypto cashback, lending, global marketplace access, and more, adding a whole new dimension to their shopping experience.

 

Online and in-store Retail Shopping Revolution

The next development from ZoidPay will be the launch of a Google Chrome extension and Marketplace. This will enable millions of people to buy anything from anywhere in the world with their cryptocurrencies, just by connecting their existing wallet. ZoidPay is a potential game-changer for the everyday crypto enthusiast who is looking for a safe, simple solution to use their digital assets for everyday expenses.

 

ZoidPay users will be able to buy a new laptop from Amazon with Bitcoin, pay their Netflix subscription with BNB, or buy weekly groceries with Ethereum. Brick and mortar shops can easily accept crypto payments by simply downloading the ZoidPay Wallet that turns any smartphone into a POS while availing the ecosystem benefits.

 

The biggest advantage that ZoidPay has over other existing alternatives is its interoperability between wallets and exchanges. The ZoidPay platform will allow users to connect to the Chrome Extension with any wallet, enabling easy integration with the Extension and the Marketplace to offer instant liquidity.

 

Eduard Oneci, Zoidpay Co-Founder & CEO stated:

 

“The focus at ZoidPay from the start has been on building a platform that’s easy and safe to use, both for the consumer and the retailer. Using our native ZPAY token, consumers can avail of massive discounts from retailers, zero transaction fees, and benefit from staking rewards. We are excited about enabling the biggest transition from FIAT to crypto in the next decade. And our journey is just getting started.” 

 

A Smooth Transition From FIAT to Crypto

With more people already using crypto than ever before and more planning to use it in the next year, ZoidPay offers the market a viable solution. The ZoidPay platform offers ease of use, security, low-cost transactions, and other features revolving around a customer-centric model.

 

For more information, please visit the official website

 

ZoidPay Socials

Twitter  | Facebook | Instagram | Telegram

 

Media Contact Details

Contact Email: [email protected]

 

ZoidPay is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest

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Llamaz Become the First Ever NFTs in Near Space

LLAMaz NFT

Bitcoin Press Release: Hong Kong-based NFT art project Llamaz made history on the 4th of June 2021, when it successfully launched a series of NFTs into near space. 

 

10th June, 2021, Hong Kong  LLAMAZ is an NFT art project created by 100 Fire Limited which made history on the 4th of June 2021. On this date, the project became the first ever to successfully launch NFTs to reach near space breaching a maximum altitude of 28,832 meters. 

 

What Are Llamaz? 

Llamaz are digital characters, made by combining various attributes and accessories. There are millions of possible Llamaz permutations, but only 10,000 were selected and will ever be minted. Of the 10,000 Llamaz, 30 of them were designed manually, creating a handful of celebrity Llamaz. Anyone can explore the full collection here or check out the celebrity Llamaz here

 

Why Go To Space? 

While Llamaz may seem to be colorful and carefree creatures, their world is on the brink of destruction. Overuse of PoW Blockchain technologies has led to extreme climate change, forcing the Llamaz to look to the stars for a new home. Learn more about the legend of the Llamaz here.

 

LLAMAZ-1 Near-Space Mission 

The mission, aptly named LLAMAZ-1, took place in collaboration with European Astrotech and was a complete success. In addition to definitely proving to all Llama-kind that their planet is in fact round, the mission carried with it a USB drive containing a copy of each Llama NFT. In their own way, each of the Llamaz NFTs took part in this epic journey into the stars. All parties can learn more about the LLAMAZ-1 mission here and watch the Llamas space odyssey from take off to spinning in near-space, and landing.

 

OpenSea NFT Llama Collection

The Llamaz are now for sale on OpenSea via the main website, allowing anyone to get a hold of their very own Llamaz NFT. While the vast majority are available for purchase using Ethereum and other cryptocurrencies, Llamalon Must (#9999), celebrity Llama extraordinaire, and CEO of Dogecarz LLC, is available for purchase in exchange for a Tesla. That’s right Tesla owners! The lockup is finally over. Teslas can now be used to buy Llamaz. This extremely fast and convenient method of payment is sure to revolutionize the world of digital payments. For more information on the Llamaz Collection, visit the website.

 

LLAMAZ Socials

Website | Twitter | Insta | Telegram | Discord | Wiki | Llamaz Press kit

 

Media Contact Details

Contact Name: Media Manager 

Contact Email: [email protected] 

 

LLAMAZ is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

 

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Sportsbet.io and Arsenal FC Launch Augmented Reality Matchday Programme for Fans and Influencers

Arsenal Sportsbet

Bitcoin Press Release: Arsenal FC and Official Betting Partner Sportsbet.io have launched an innovative new augmented reality matchday programme.

 

May 13th, 2021, Tallinn, Estonia — The new augmented reality matchday programme uses the latest AR technology to let fans bring the players into their living room. The creative concept aims to leverage Sportsbet.io’s matchday rights with the Gunners digitally, recreating the magic of matchday at home. 

 

Augmented Reality Matchday Programme

The activity brings to life all the components of a traditional matchday programme with an innovative twist and includes Captain’s Notes from a virtual Pierre-Emerick Aubameyang alongside player profiles, quickfire interviews, footage from the training ground and an interactive AR squad selector that lets fans pick their team for the match ahead.

 

With the majority of matches from the 2020/21 season being carried out behind closed doors due to covid-19, the AR programme allows fans to enjoy one of the key elements of their usual matchday routine from the safety of their own home, and keeps them connected to both the players and the club.

 

Redefining The Fan Experience

Sportsbet.io are using their partnerships in football to redefine the fan experience by combining cutting-edge technology with their cryptocurrency expertise, delivering exclusive experiences that reward Arsenal’s large global fanbase and Sportsbet.io customers. The initiative is a demonstration of Sportsbet.io’s constant drive to innovate and the sportsbook believe that the role of cryptocurrency in sport is only going to increase.

 

The programme will be hosted on a private Sportsbet.io app and activated via influencers for the remainder of the 20202/21 season. The first two influencer activations went live in April, with world champion freestyler Sean Garnier and Entrepreneur come Gooner, Leo Dasilva.

 

Arsenal Football Club’s Commercial Director, Peter Silverstone, commented: 

 

“We are always looking for new ways to connect and engage with our global fanbase and give them an incredible experience, whether that’s inside Emirates Stadium or in their own home. Sportsbet.io shares this attitude and approach and it has been fantastic to work together to deliver this new and innovative service to our supporters. Everyone at the club is extremely excited to welcome all our supporters back to Emirates Stadium imminently, but until then this programme is an exciting and innovative way of bringing fans closer to the players, and the action, than ever before.”

 

Virtual Reality Matchday

This is the second virtual matchday initiative developed by Sportsbet.io’s creative and PR agency Fuse for their Premier League club partnerships, alongside the virtual reality stadium tours delivered with Southampton FC. The initiative was developed by Fuse in response to the Covid-19 pandemic, working as a digital solution to activating matchday rights in a behind-closed-doors environment. 

 

Tim Heath, Founder of the Coingaming Group, said: 

 

“Across all of our Premier League partnerships this season, we have strived to use the latest in tech and innovation to try and bring a little bit of that magic of matchday to the fans at home. We are lucky to have two incredible partners in Arsenal and Southampton, who have got fully behind this mission and helped us deliver some amazing work. We are thrilled to be launching this new AR programme with Arsenal, and can’t wait to make the partnership even bigger and better next year.”

 

Production of both the 360 virtual reality content and augmented reality content was delivered by award winning VR & AR agency East City Films.

 

About Sportsbet.io
Founded in 2016 as part of the Coingaming Group, Sportsbet.io is the leading Bitcoin sportsbook. Sportsbet.io has redefined the online betting space by combining cutting-edge technology, with cryptocurrency expertise and a passion for offering its players with the ultimate fun, fast and fair gaming experience. 

 

Principal sponsors of English Premier League team, Southampton FC and Official Betting Partner of Arsenal Football Club, Sportsbet.io provides an expansive range of betting action across all major sports and eSports, offering players more than 350,000 pre-match events per year and comprehensive in-play content. 


As the first crypto sportsbook to introduce streaming across all major sports, as well as a cash out function, Sportsbet.io is recognised as a leader in both online sports betting and within the crypto community.


Sportsbet.io prides itself on its secure and trustworthy betting service, with withdrawal times of around 1.5 minutes among the fastest in the industry. For more information about Sportsbet.io, please visit https://sportsbet.io.

 

Media Contact Details

Contact Name: Bitcoin PR Buzz Press Team

Contact Email: [email protected]

 

Sportsbet Socials

Website | Twitter | Facebook | YouTube

 

Sportbet.io is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

 

About Bitcoin PR Buzz: Bitcoin PR Buzz has been proudly serving the crypto press release distribution needs of blockchain start-ups for over 8 years. Get your Bitcoin Press Release Distribution today.

 

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Cricket Legend Brett Lee and Sportsbet.io both ‘bowl a Bitcoin’ as Crypto Community Supports the Covid Crisis in India

Sporstbet Brett Lee

Bitcoin Press Release: Leading casino and sportsbook join cricket legend Brett Lee as they both donate 1BTC to CryptoRelief to aid the ongoing covid crisis in India. 

April 30th, 2021,Tallinn, EstoniaSportsbet.io and Australian cricket legend Brett Lee are both ‘bowling a Bitcoin’ to help bring much-needed medical supplies and support to India during the ongoing Covid crisis in the country.

 

Sportsbet.io ambassador and cricket legend Brett Lee spoke about his experiences in India, stating:

 

India has always been like a second home for me. The love and affection that I have got from the people of this country both during my professional career and even after my retirement, holds a special place in my heart. It saddens me deeply to see people suffering due to the ongoing pandemic.

 

1BTC Donation 

Brett Lee has donated one Bitcoin to CryptoRelief.in, a community-run fund started by Polygon co-founder Sandeep Nailwal. And Sportsbet.io has now followed Lee’s example, also donating one Bitcoin to the cause. The generous donations represent a total of over $115,000 USD (at the time of writing). 

 

Brett continued:

 

“I feel privileged to be in a position of making a difference and with that in mind, I’d like to donate 1 BTC to Crypto Relief to help with purchase of oxygen supplies for the hospitals across India.

 

“Now is the time to be united and ensure we do as much as we can to help the ones in need. I’d also want to thank all the frontline workers who have been working round the clock during these tough times. I request people to please take care, stay at home, wash your hands and head out only if absolutely necessary, wear a mask and maintain social distancing.”

 

The CryptoRelief Mission

CryptoRelief.in’s mission is to reduce suffering by providing healthcare and essentials to those fighting for survival against Covid, welcoming donations from around the world in cryptocurrency. It has already raised more than $3 million in cryptocurrency for the cause, including donations by many high-profile figures within the crypto community such as Vitalik Buterin.

 

Joe McCallum, Director of Sportsbook, at Sportsbet.io spoke about Brett Lee’s Philanthropy and Sportsbet’s own involvement with the cause, stating:  

 

“Watching Brett Lee, Pat Cummins and the wider crypto community come together to raise more than $2 million in such a short amount of time, to help fight India’s Covid emergency has been inspiring, and we absolutely needed to step up and join the effort.

 

We’ve been strong believers that cryptocurrency adoption can make a genuine and positive difference to the world, and the speed at which the community has moved to help India is evidence of this. Thank you to Sandeep for organising Crypto Relief, and Brett for bringing it to our attention. We similarly hope that our contribution will encourage others to stop hodling and open their crypto wallets to help India in a moment of need.”

 

Sportsbet.io has long been an advocate of cryptocurrency adoption, and how the technology can be used to affect positive change on global issues. This recent donation is just the latest in a string of community-based acts that continue to showcase the casino and sportsbook operator as a leader for global cryptocurrency adoption.

 

To help Sportsbet and CryptoRelief on their mission to fix the covid crisis in India, donations can be made by visiting CryptoRelief.in 

 

About Sportsbet.io

Founded in 2016 as part of the Coingaming Group, Sportsbet.io is the leading Bitcoin sportsbook. Sportsbet.io has redefined the online betting space by combining cutting-edge technology, with cryptocurrency expertise and a passion for offering its players with the ultimate fun, fast and fair gaming experience.

 

Principal sponsors of English Premier League team, Southampton FC, and official betting partner of Arsenal FC, Sportsbet.io provides an expansive range of betting action across all major sports and eSports, offering players more than 350,000 pre-match events per year and comprehensive in-play content. 

 

As the first crypto sportsbook to introduce streaming across all major sports, as well as a cash out function, Sportsbet.io is recognised as a leader in both online sports betting and within the crypto community.

 

Sportsbet.io prides itself on its secure and trustworthy betting service, with withdrawal times of around 1.5 minutes among the fastest in the industry.

 

For more information about Sportsbet.io, please visit https://sportsbet.io

For more information about Cryptorelief.in https://cryptorelief.in/ 

 

Media Contact Details

Contact Name: Bitcoin PR Buzz Press Team

Contact Email: [email protected]

 

Sportbet is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

 

About Bitcoin PR Buzz: Bitcoin PR Buzz has been proudly serving the crypto press release distribution needs of blockchain start-ups for over 8 years. Get your Bitcoin Press Release Distribution today.

 

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Award-winning Carbon Broker to Assist XELS with Offset Procurement and Strategy

XELS Redshaw

Bitcoin Press Release: Redshaw Advisors will support XELS mission of increasing participation in carbon markets in Japan and beyond.

 

30th April, Tokyo, JapanXELS, a revolutionary blockchain-based carbon offset platform has announced that it has joined forces with renowned carbon brokerage and risk management firm Redshaw Advisors. Under the collaboration, Redshaw Advisors will provide strategic advisory, consulting, and procurement of carbon credits for XELS.

 

Immutable Carbon Offsets

Initially focused on the voluntary carbon credit segment, XELS launched its blockchain platform and eponymous digital asset earlier this month. The startup’s tokenized offset credits, which exist on an immutable public ledger, are designed to boost both transparency and participation in carbon markets. 

 

Unlike traditional carbon credits, XELS cannot be modified or double spent, and the process of “burning” used tokens ensures the credit is retired forever. Anyone with access to a computer and an internet connection (from eco-conscious individuals to corporations who are serious about tackling climate change) can buy and trade XELS

 

XELS and Redshaw LTD

By working with Redshaw Advisors, XELS will be able to ensure the legitimacy of each credit it tokenizes, while also providing an additional record of the credit’s retirement in the Redshaw Advisors’ registry account. Upon retirement, Redshaw Advisors will also issue certificates that XELS’ clients can use to show the exact amount of CO2 they’ve neutralized.

 

Bill Goldie, Head of Voluntary Market at Redshaw Advisors, stated that:

 

“Redshaw are delighted to have been given the opportunity to advise, consult, and procure for XELS across carbon markets – compliance and voluntary – and renewable energy,” 

 

Regulated “Compliance” Credits

In the future, XELS seeks to offer regulated “compliance” credits in addition to voluntary offset credits. The startup is in advanced discussions with a number of Japanese corporations that wish to significantly curtail their environmental impact, in line with Prime Minister Yoshihide Suga’s goal of reaching net zero domestic emissions by 2050.

 

XELS founder and CEO Takeshi Nojima explains the two companies progression towards fighting global warming:

 

“In many ways, Japan is playing catch up with the rest of the world, and the European Union in particular,”

 

Takeshi stated that XELS will become the easiest, most transparent way for businesses to join the fight against global warming, and that the company will be able to provide clear proof of their commitment – backed by Redshaw Advisors. He added that this is something consumers appreciate, and will eventually come to expect from the companies that they support.

 

About XELS

XELS Limited was founded in 2017, with offices in Tokyo and Hong Kong, and is a member of the Climate Chain Coalition. XELS tokens can be obtained on the Bittrex Global and MXC cryptocurrency exchanges.

 

About Redsaw

Redshaw Advisors, founded in 2014, with a long track record of success in the European carbon markets, has a growing presence in voluntary markets. Among numerous industry accolades, Redshaw Advisors was named Best Trading Company and Best Advisory/Consultancy for EU ETS credits, Voluntary Carbon Market, and Renewable Energy Certificates in 2020. 

 

Businesses in the green tech space interested in collaborating with XELS can contact [email protected].

 

Media Contact Details

Contact Name: Bitcoin PR Buzz Press Team

Contact Email: [email protected]
 

Learn more about XELS https://www.xels.io/

Learn more about Redshaw Advisors LTDhttps://redshawadvisors.com/ 

Buy XELS on Bittrex Global https://global.bittrex.com/ 

Follow XELS on Twitterhttps://twitter.com/xels_PR 

Join the XELS community on Telegramhttps://t.me/xelscoin 

Find XELS on Facebook —- https://www.facebook.com/XELS-COIN-1867938109912219/ 

 

XELS is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

 

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Peer-to-Peer Internet ThreeFold Goes Multichain to Accelerate Token Accessibility

Press Release: Peer-to-peer internet ThreeFold integrates with several popular blockchain ecosystems in an effort to increase adoption for the world’s largest such network

 

29th April 2021, Dubai, United Arab Emirates – ThreeFold plans to integrate its peer-to-peer internet platform with three of the leading blockchain ecosystems in the decentralized finance (DeFi) space; Binance Smart Chain (BSC), Ethereum, and Huobi’s ECO Chain. 

 

ThreeFold is set to integrate BSC in the next couple of weeks, with Ethereum and Huobi’s ECO Chain following shortly later on in Q2. These integrations will provide the ThreeFold ecosystem access to a wide array of DeFi applications. In turn, this will allow ThreeFold to be more accessible to the DeFi world and provide ThreeFold Farmers and users with more platforms to exchange TFT.

 

ThreeFold’s bold move comes while the wider cryptocurrency market is booming. The total value of all cryptocurrency-related or blockchain-based projects has surpassed $2.1 trillion in recent weeks, as market leaders, such as Bitcoin and Ethereum, set new all-time highs. Accordingly, interest in blockchain technology is soaring as the number of active projects in the space nears 9,000. 

 

Moreover, in an environment in which internet use for all aspects of life is soaring owing to COVID-19 restrictions, ThreeFold’s main value proposition  – a truly peer-to-peer internet platform – is gaining traction. ThreeFold sees the sustainability of internet services in the long run and its decentralization as inseparable.  

 

Democratizing the Internet 

 

But why is this needed? The internet today is hosted by a small group of well-resourced companies that are responsible for the maintenance of data centres which provide the server and storage space for the vast quantity of content on the internet. In addition, these same companies are finding a way to monopolize the network connections that allow data to flow around the globe. 

 

As a result, decisions made by these companies have the power to entirely change the landscape of the internet unilaterally, without contest. Given the fact that the internet is now integral to much of the world’s industry, as well as many ways of life, the disproportionate power that these companies wield makes them the de facto governors of the future of humanity’s development. 

 

Just as Satoshi Nakamoto envisioned the democratization of the financial system through decentralization, ThreeFold is on a similar quest to democratize the internet with a unique combination of autonomous and blockchain technology. The benefits would be clear. More internet users would benefit from a neutral peer-to-peer platform on which to store their data and run their applications privately and securely.. Moreover, decentralization removes the internet’s singular potential points of failure which could seriously disrupt the global Internet and Cloud industry. 

 

A Multichain Future

 

ThreeFold’s upcoming integration with BSC, Ethereum, and Huobi’s ECO Chain is a critical part of continuing to grow and cultivate the world’s largest peer-to-peer internet platform. Ethereum is the number one platform for decentralized applications (dApps) in the cryptocurrency and blockchain space as of today. 

 

Accordingly, ThreeFold’s platform will be put on the radar of the vast number of Ethereum users who could quite effortlessly become the much-needed nodes in its vision of a decentralized internet. Furthermore, there is a wealth of decentralized development expertise concentrated in the Ethereum-sphere, as well as in both Binance’s and Huobi’s blockchain ecosystems. In addition to improving compatibility with these platforms, ThreeFold will be able to tap into these development skills, inviting experienced dApp developers to build their applications on top of the ThreeFold Grid.

 

Comparatively, ThreeFold’s ambitious integration plans put it far ahead of similar projects in the decentralized internet space, which are traditionally Ethereum-based. However, with the increasing cost of Ethereum-based development and its slower than required scalability updates, ThreeFold’s peer-to-peer Internet will remain affordable, scalable, and simple for developers. 

 

About ThreeFold 

 

ThreeFold is developing a peer-to-peer internet platform that aims to liberalize what it labels as a centralized and unequally distributed internet. Its platform, called the ThreeFold Grid, comprises over +600 servers in 25+ different countries around the world, delivering approximately 80 PB in storage and over 16,000 CPU cores worldwide, making it the largest storage and compute peer-to-peer internet network in the world. See ThreeFold Grid’s statistics in more detail using their explorer here

 

Each server runs ThreeFold’s stateless and lightweight open-source operating system, Zero-OS, and is set up and operated by independent individuals and organizations called Farmers. Farmers earn rewards in TFT – the platform’s native token – for their participation. TFT is the currency of the ThreeFold Grid, with each token representing a unit of storage and compute on the platform. Grid users can use these tokens to reserve the storage and compute they need to store, build and share on the platform’s internet network.

 

ThreeFold’s ultimate vision is to be part of the movement to fully democratize the internet worldwide. 

 

To learn more about how ThreeFold plans to democratize the internet, visit their website here. For more information on TFT and how it fits into ThreeFold’s overall plans, see this page

 

Follow ThreeFold on Twitter: https://twitter.com/threefold_io 

Read ThreeFold’s documentation on Github: https://github.com/threefoldfoundation 

Like ThreeFold’s page on Facebook: https://www.facebook.com/threefold.io 

 

Media Contact Details 

Contact Name: Amazix Press Team 

Contact Email: [email protected] 

THREEFOLD is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

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From Startup to Success Story — Morpheus.Network is Transforming Global Trade With Blockchain

Morpheus.Network

Bitcoin Press Release: Blockchain-powered supply chain management platform, Morpheus.Network, has launched an updated platform, forged an Agribusiness agreement with the Argentinian government, and was a winner in the 2021 “Future of Ports” competition.

 

22nd April, 2021, Burlington, ON Morpheus.Network is one of the world’s leading supply chain ecosystems and is changing the face of the global trade industry in 2021. The company has just launched its updated enterprise-grade, next-generation supply platform, agreed to a global Agribusiness project with SENASA and was one of the 5 winners of this year’s prestigious Gulftainer “Future of Ports” competition. 

 

What is Morpheus.Network?

Morpheus.Network is a supply chain ecosystem with the ability to extend itself on top of existing industry technologies through its blockchain technology. The Morpheus.Network platform exists on the cloud in between blockchain and IoT, with the potential to be integrated with different technologies and devices in one single format. 

 

The Morpheus ecosystem is uniquely able to streamline the supply chain process of thousands of companies and has tremendous potential to revolutionize various processes used by leaders in multiple industries, such as trade and logistics. 

 

Evolving Industry With The Argentine Government

In November 2020 Argentina became a global technology leader in the Agribusiness Industry with the help of established national software provider Polaris Network. Polaris believes that Morpheus.Network blockchain technology-backed software is perfect to meet the new regulations put out by National Food Safety and Quality Service, SENASA. 

 

The Morpheus.Network platform provides enterprise-grade, flexible solutions to support and onboard Agribusiness clients in Argentina. The supply chain ecosystem will provide the perfect network to grow Argentina’s Agribusiness sector and establish itself as a leader in a market worth $60 billion. 

 

With Polaris & Morpheus.Network already working on one project with SENASA, the two companies are now looking to implement blockchain and IoT technology to leverage the Morpheus.Network solution for animal management and certification. The Agribusiness sector involves thousands of companies and with these two upcoming projects Morpheus.Network could prove instrumental in helping the Argentine government become a global technology leader. 

 

“Future Of Ports” Winner 

This year Morpheus.Network has been selected as one of the 5 winners from the finalists of the “Future of Ports” competition, from a total of 10 finalists from 2,000 start-ups across 6 continents and over 200 cities.

 

The competition identified the most promising, cutting-edge startups with the potential to disrupt the ports and logistics sector. The goal was to identify strategic long-term partners to co-develop solutions with Gulftainer, the world’s leading private port management company, and OneValley, a global accelerator based in Silicon Valley.

 

Enter Morpheus Black 

The new “Morpheus Black” platform is the culmination of continued development and enterprise-grade implementations by Morpheus.Network in collaboration with its growing industry partnerships. The Morpheus Black platform offers a significant upgrade in capabilities and showcases the company’s strong progress towards expanding its use case, its token utility and global adoption.  

 

Tireless work by the Morpheus development team in unison with its technology and business partners has resulted in a slew of game-changing functionalities to the company’s software, including but not limited to:

 

  • Document Handling System: Immutable documentation of production, processing, and all subsequent handling stages in digital format. 
  • Digital ID: Full vendor transparency within their supply chain. Products equipped with unique digital identifiers at the production level using multiple types of scanning technology
  • Fraud Prevention Protocol: Morpheus.Network Joined the “Co-Innovated with SAP” program to certify its Fraud Prevention Protocol (FPP) running SAP infrastructure. 
  • Big Data Analytics: Housing all supply chain-related datasets into one format to create a holistic monitoring interface for supply chain performance and deploy efficient algorithms for optimization. 

 

The updated platform will serve as a launchpad for Morpheus.Network, as the growing supply chain leader plans to see its blockchain technology become further integrated into multiple industries throughout 2021 and beyond. 

 

Following recent achievements Morpheus.Network is continuing on its current trajectory towards mainstream adoption. The blockchain-powered supply chain enterprise will forge more partnerships throughout the year and also announce new paying clients.

 

Media Contact Details 

Contact Name: Bitcoin PR Buzz Press Team

Contact Email: [email protected]  

 

Learn more about Morpheus.Network https://morpheus.network/ 

Follow on Twitterhttps://twitter.com/MRPHSupplyChain 

Read about the project on Mediumhttps://medium.com/morpheus-network 

Find on Facebookhttps://www.facebook.com/themorpheusnetwork/ 

Buy MRPH on Bittrex https://bittrex.com/Market/Index?MarketName=BTC-MRPH 

 

Morpheus.Network is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

 

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Betting Leader Bitcasino Adds Cardano’s ADA for Payments

Bitcoin Press Release: Bitcasino.io has added payments for top cryptocurrency Cardano (ADA) on its casino platform. 

 

22nd April, 2021, Tallinn, Estonia – The world’s first licensed Bitcoin-led casino operator, Bitcasino, has added Cardano’s ADA cryptocurrency as a payment method, allowing its holders to enjoy the casino’s wide range of games.

 

Why Cardano?

Cardano was launched as an open-source, public blockchain in 2017, powered by its own internal cryptocurrency, ADA. Cardano has quickly become one of the world’s most successful blockchain platforms, with a strong community building around it.

 

Tauri Tiitsaar, Director of Casino at the Coingaming Group, stated:

 

Cardano network is one of the most popular platforms in the world so it was only natural for us to add ADA as the next cryptocurrency on Bitcasino. It is certainly something our players have been waiting for and we’ve now delivered. We look forward to welcoming the Cardano community to Bitcasino, where they can expect fun, fast and fair gaming.”

 

The minimum deposit is 15 ADA and withdrawal is 30 ADA. At current trading prices this puts the minimum deposit at around €14. 

 

Supported Cryptocurrencies

ADA is the seventh cryptocurrency introduced to Bitcasino players, following TRON (TRX), Ethereum, Litecoin, Ripple (XRP), Tether (USDT) and the players’ favourite cryptocurrency, Bitcoin.

 

About Bitcasino

Founded in 2014, as part of the Coingaming Group, Bitcasino is a leading bitcoin-led casino operator. Bitcasino has an expansive, quality casino product featuring more than 2,800 games, including slots, table games and live dealer casinos from some of the industry’s leading suppliers. Their innovative platform, new features and rewards are all developed in-house using player feedback to directly shape and create the ultimate user experience.

 

Pioneering the way for original, fair rewards, Bitcasino is the first crypto casino to withdraw its welcome offer in favour of the unique, custom-built Loyalty Club allowing players greater control over their gaming.

 

Bitcasino prides itself on its enjoyable and trustworthy casino and gaming service, with withdrawal times of around 1.5 minutes among the fastest in the industry and cutting-edge security measures in place.

 

For more information about Bitcasino, please visithttps://bitcasino.io/ 

 

Media Contact Details

Contact Name: Bitcoin PR Buzz Press Team

Contact Email: [email protected]

 

Bitcasino is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

 

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Fly to the Moon and Win One of Three Tesla Cars with New Bitcasino Game, Live Crash

Bitcasino Moon

Bitcoin Press Release: Crypto gaming leader Bitcasino is giving away three Tesla Model 3’s to winners of its new game, Live Crash

 

April 20, 2021, Tallinn, Estonia – Crypto gaming pioneer Bitcasino is giving everyone a chance to win a Tesla Model 3 in one of the platform’s biggest giveaways ever, but only if players can reach the moon in its new game Live Crash. The landmark promo, which runs between April 19 and July 11, will reward three lucky players with a pioneering EV worth €58,560.

 

Fly To The Moon To Win

To have a chance of driving away in a Tesla, players must first hold their nerve and fly to the moon without crashing in the brand new Bitcasino game, Live Crash.

 

Live Crash challenges players to pick the perfect moment to cash out of a wager, as they watch a car gathering speed and taking off into space. Players can pre-set their cash out amount or alter it in real time, and the longer they wait, the higher the multiplier will be. But wait too long, and they risk going up in flames.

 

Bitcasino is running weekly qualifier tournaments to secure a place in one of three final monthly tournaments, where the player with the highest multiplier in each will win a Tesla.

 

Tauri Tiitsaar, Director of Bitasino at the Coingaming Group, said: 

 

“Tesla, Bitcoin and Bitcasino are all pioneers in their respective fields, and that’s why we wanted to give our players the chance of a lifetime to win their very own Tesla Model 3. With three Teslas up for grabs, there is an even greater chance to win the car of your dreams. 

 

Our Live Crash tournament guarantees fun, fast and fair gameplay and a fantastic prize for the players who best hold their nerve and reach the moon.”

 

Tesla Model 3

The Tesla Model 3 is one of the best-selling electric cars on the planet, boasting a sleek design and impressive performance, including 423 kilometres of zero-emission driving and 0-100 km/h in just 3.3 seconds.

 

About Bitcasino

Founded in 2014, as part of the Coingaming Group, Bitcasino is a leading bitcoin-led casino operator. Bitcasino has an expansive, quality casino product featuring more than 2,800 games, including slots, table games and live dealer casinos from some of the industry’s leading suppliers. Their innovative platform, new features and rewards are all developed in-house using player feedback to directly shape and create the ultimate user experience.

 

Pioneering the way for original, fair rewards, Bitcasino is the first crypto casino to withdraw its welcome offer in favour of the unique, custom-built Loyalty Club allowing players greater control over their gaming.

 

Bitcasino prides itself on its enjoyable and trustworthy casino and gaming service, with withdrawal times of around 1.5 minutes among the fastest in the industry and cutting-edge security measures in place.

 

To find out more about Bitcasino’s Tesla Model 3 giveaway, visit https://bitcasino.io/promotions/tesla-live-crash-campaign

For more information about Bitcasino, please visithttps://bitcasino.io/ 

 

Media Contact Details

Contact Name: Bitcoin PR Buzz Press Team

Contact Email: [email protected]

 

Bitcasino is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

 

About Bitcoin PR Buzz: Bitcoin PR Buzz has been proudly serving the crypto press release distribution needs of blockchain start-ups for over 8 years. Get your Bitcoin Press Release Distribution today.

 

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Southampton FC Extend Partnership Deal with Blockchain Leader The Coingaming Group

Southampton Sportsbet

Bitcoin Press Release: Southampton Football Club extended its partnership with blockchain advocate Coingaming Group for 3 years, with a record breaking sponsorship deal. 

 

9th April, 2021, Tallinn, Estonia — Southampton Football Club is pleased to announce that it has agreed to extend its partnership with the Coingaming Group as Main Club Partner for a further three years in a deal that will see their brand, Sportsbet.io continue as the club’s front-of-shirt sponsor.

 

Bitcoin Bonuses 

The deal is the biggest sponsorship agreement in the club’s history and also includes the option for the club to be paid certain performance-based bonuses in Bitcoin at the end of each season, allowing the club the opportunity to take advantage of the new, high-growth currency if it feels it will bring significant future benefits.

 

Positive Community Impacts 

This partnership will allow Sportsbet.io to continue to build on the strong relationship it has built with the club and its supporters in the last year. Since becoming Main Club Partner in August 2020, when they stepped in at short notice to take over the front-of-shirt sponsorship, they have worked tirelessly with the club to create a positive impact in the local community and highlight the importance of safe betting – a duty they take extremely seriously.

 

This work has included their ‘Listen To The Saint In You’ campaign that was launched during Safer Gambling Week, linking up with a number of Saints players to encourage fans to consider the risks before placing a bet.

 

Southampton FC Chief Commercial Officer, David Thomas commented:

 

“The team at Sportsbet.io have built a successful business by challenging convention and disrupting the market, but in a responsible way, and their approach to our partnership with them has been no different.”

“in a short timeframe they’ve proven to be innovative, forward thinking and extremely supportive of the club, our fans and the wider community, and we’ve welcomed the opportunity to develop and promote safe gambling messages together. As such they have become valued partners and we look forward to the next chapter together”

 

Sportsbet have also played a key role in the club’s launch of the Positive Impact Pledge, which enabled start-ups and entrepreneurs to apply for grants to help launch their businesses during the Covid-19 pandemic.

 

Raising Awareness Through Philanthropy 

Most recently Sportsbet.io also donated their shirt sponsorship to the Saints Foundation for the Premier League match against Burnley to help drive awareness of the Foundation’s fundraising efforts as they aim to raise vital funds lost due to the pandemic. This gesture alone helped the Foundation raise thousands of pounds on the day, a figure that was topped up by Sportsbet.io, who very generously donated an additional £10k.

 

CEO of the Coingaming Group Maarja Pärt, added:

 

“Our first season as Southampton FC’s Main Club Partner has already exceeded all expectations. We’ve been inspired by the passion of the club and its fans, and it was an easy decision for us to extend our partnership with the Saints for another three years.

“From the beginning, Southampton have been a perfect match for the fun, fast and fair way we do things at Sportsbet.io. We can’t wait to continue this journey with the Saints, and we’ll be doing everything we can to support the team and its community into the future.

 

Following their short notice appointment as the front-of-shirt sponsor for Southampton FC, Sportsbet have impressed with the hugely positive impact that they have had on the brand and its community. As a result, the Premier League team are happy to extend its partnership with the blockchain innovator until at least 2024

 

For more information about Sportsbet.io, please visithttps://sportsbet.io/

Learn more about Coingaminghttp://coingaming.io/

 

Media Contact Details

Contact Name: Bitcoin PR Buzz Press Team

Contact Email: [email protected]

 

Sportsbet is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

 

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XELS Launches Eco-Conscious Blockchain Platform for Carbon Offset Credits

XELS

Bitcoin Press Release: Blockchain-based carbon offset platform XELS provides global access to the decentralized carbon market and its ERC20 token will launch on Bittrex Global on April 8th, 2021. 

 

7th April 2021, Tokyo, JapanXELS is one of the leading startups tackling climate change by increasing participation and transparency in carbon markets, listed its eponymous XELS token on Bittrex Global on April 8th, 2021. 

 

Tokenized Carbon Credits 

XELS will provide both businesses and individuals access to a blockchain-based carbon offset platform, initially focused on tokenized voluntary carbon offset credits. These credits are increasingly attractive to companies that want to show consumers they’re serious about reducing their carbon footprint.

 

Tackling Fraud With Blockchain

Since the birth of carbon markets following the Kyoto Protocol and Paris Agreement, fraud has hindered the effectiveness of carbon credit sales and trading. Bad actors sometimes sell fake or expired credits, and “recycling” fraud had led to the double spending of unretired credits. Carbon markets are the perfect use case for blockchain’s distributed ledger technology, as transactions cannot be modified, reversed, or duplicated. Tokenized carbon credits can also be “burned,” with a public transaction hash proving it has been retired forever.

 

XELS founder and CEO Takeshi Nojima explains the XELS vision: 

 

We believe that decentralization is the only way that carbon markets can work effectively. XELS will enable the industry to maintain open, transparent records – from generation, to sale, to retirement. Making it easy for corporations to transparently offset their carbon without fear of fraud will make them even more willing to combat global warming, and it will pay dividends as far as consumer trust that they’re truly intent on making a difference for the environment.”

 

The XELS Token

XELS will exist as a platform token that will be used to access a future suite of stablecoins that are pegged to various industry-standard voluntary carbon offset credits. In the future, the company also seeks to offer “compliance” credits, which are heavily regulated under national cap and trade agreements. 

 

Japan lags behind European nations, where businesses are compelled to buy compliance credits to avoid heavy taxes. XELS is already in talks with numerous listed companies in Japan that are keen to get on board with Prime Minister Yoshihide Suga’s target of reaching net zero domestic emissions by 2050.

 

Reducing Blockchains Carbon Footprint 

While XELS will exist as an ERC20 token at launch, the company is cognizant of concerns surrounding the high energy consumption associated with Ethereum, Bitcoin, and other cryptocurrencies.

 

Later this year, XELS will migrate to a proprietary, low-energy blockchain that the company has been developing since 2017. XELS Chain takes a hybrid proof-of-stake and proof-of-work approach, while enabling users to run a full node on a basic laptop without the need for power-hungry mining hardware

 

From April the 8th, 2021 the XELS platform token will be available to trade on leading cryptocurrency exchange Bittrex Global.

Businesses or individuals interested in accessing the decentralized carbon market of the future with XELS, can contact [email protected] for more information.

 

Media Contact Details 

Contact Name: Mitch Hammer

Contact Email: [email protected]
Contact Phone: +81 80 9400 0536

 

Learn more about XELS – https://www.xels.io/

Buy XELS on Bittrex Global – https://global.bittrex.com/ 

Follow XELS on Twitterhttps://twitter.com/xels_PR 

Join the XELS community on Telegramhttps://t.me/xelscoin 

Find XELS on Facebookhttps://www.facebook.com/XELS-COIN-1867938109912219/ 

 

XELS is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

 

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ClinTex to Give Away 1 Million USD in CTi Tokens With Unique Staking Program

Bitcoin Press Release: Pioneering clinical trials platform ClinTex is giving away $1 million USD worth CTi tokens through a unique staking program, which is running from April 1st to September 30th, 2021.

 

5th April, 2021, London, United Kingdom – Following a successful launch in 2020 ClinTex has been developing CTi-OEM, a blockchain app focused on using data analytics to enhance operational efficiency in clinical trials.

 

Due to the success of the CTi presale (in which the soft-cap target was achieved) and the swift development of the platform, ClinTex chose not to go ahead with the final stage of its IEO. Instead the company chose to continue with a secure CTi token listing on top cryptocurrency exchange KuCoin and sustain the impressive momentum that the project had started to gather. 

 

CTi Growth 

Since its listing on KuCoin both the project has seen significant growth. Humbled by the level of support that the project has gathered in a relatively short period, ClinTex have decided to reappropriate the tokens originally intended for the IEO into a uniquely rewarding staking program for all CTi token holders. The staking program offers CTi token holders an opportunity to earn higher rewards than typical staking programs.  

 

CTi Token giveaway

Clintex will be giving away over $1 million USD in CTi tokens to its community through a unique staking program designed to offer maximum benefit to its participants. The program is an opportunity for participants to earn as much as 40% interest to participants for staking CTi tokens over three different staking options. 

 

The staking program will see ClinTex distribute a total 18.5 Million CTi tokens to participants from 1st April 2021 to September 30th, when the first app is due for release. Because CTi is a single asset, participants of the program can earn high yield rewards by sending their CTi to the staking pool and will receive their stake and rewards after their staking time has elapsed. 

 

Staking And Rewards 

There are three options for CTi token staking, one month, three months or 5 months: with the highest interest rewards going to the longest staking term. One month stakers will be rewarded by 6% returns, a three month stake offers a sizable 21% return and 5 month stakers will get a massive 40% return on their CTi tokens. For example a 5 month stake of 1000 tokens would yield a 1,400 CTi return.

 

Compound Staking

Token stakers will also have the option to increase their staking rewards even further with ‘Compound Staking’, an added benefit which allows for an additional staking period after the initial staking time has elapsed. 

 

Anyone staking 1,000 CTi for 30 days will earn a return of 1,060 CTi but if they were to stake for an additional 30 days they would earn additional interest on the first months profits, increasing their rate of 6% to 12.36% and receiving a more substantial 1,236 CTi in the process. 

 

Start Staking Now

Anyone can take part in the CTi staking program for the next 6 months, which is set to end at the same time as the launch of the first CTi app. Staking has now launched on the ClinTex website. Interested parties will require a web3 cryptocurrency wallet such as Metamask to take part in the program

 

Clintex: A Blockchain Solution For Clinical Trials

ClinTex is a scalable blockchain platform built for clinical trials, to serve as a single source of truth for the clinical trial and pharma ecosystem and designed for wide adoption by the stakeholders of the ecosystem. 

 

In recent years the standards in the clinical trials industry have fallen, with hugely inflated costs and massive trial delays becoming the norm. The average cost of getting a new drug on the market today is an eye watering $2.5 billion, and some trials can take as long as 10 years to be approved. 

 

Distributed ledger technology has the potential to revolutionise the clinical trials industry and solve these growing issues. ClinTex stands head and shoulders from its peers with its fully scalable blockchain platform for the development of real-world clinical trials. 

 

ClinTex will be the first company to deliver real-world solutions in the clinical trial industry with blockchain technology and AI, integrated with clinical data sources to make a positive lasting impact on a global issue. 

 

ClinTex staking program represents a great opportunity to be involved in a potentially industry changing shift and is also a potentially rare investment opportunity for CTi holders. Join the CTi staking program to start earning up to 40% rewards for a 5 month stake. 

 

Media Contact Details 

Contact Name: Bitcoin PR Buzz Press Team

Contact Email: [email protected]  

 

Learn more about ClinTex https://twitter.com/ClinTexCTi 

Buy CTi on KuCoinhttps://trade.kucoin.com/CTI-USDT

Read about ClinTex on Medium https://medium.com/@clintexcti 

Learn more about CTi Stakinghttps://clintex.io/stake 

Follow ClinTex on Twitter https://twitter.com/ClinTexCTi 

Join the community on Telegram https://t.me/ClinTexCTi 

 

About Bitcoin PR Buzz 

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ClinTex is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

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PARSIQ’s IQ Protocol Launches, Powering the Tokenized-SaaS Ecosystem of the Future

Press Release: PARSIQ launches its highly anticipated IQ Protocol – the first risk-free collateral-less decentralized finance protocol built specifically for the Software-as-a-Service (SaaS) market. 

 

31st March 2021, Tallinn, Estonia – PARSIQ has launched their revolutionary IQ Protocol on testnet (Ethereum) – a decentralized finance (DeFi) solution for the SaaS market. IQ Protocol is the world’s first risk-free, collateral-less DeFi protocol to tokenize SaaS subscriptions in the DeFi space with a circular economy. IQ Protocol features several standard DeFi services, including staking, lending, and borrowing. 

 

The launch marks PARSIQ’s official entry into the DeFi space. If the testnet release is successful, IQ Protocol’s mainnet is scheduled to launch in Q2 this year, and the team already has interest from several DeFi projects. Furthermore, the PARSIQ team is considering launching the mainnet on several other chains, including Binance Smart Chain (BSC), and Solana (SOL), with which PARSIQ has already integrated.

IQ Protocol & Power Tokens 

The IQ Protocol brings a new perspective to DeFi solutions for the mainstream environment. Not only is the maintenance of the protocol’s network fully-trustless, but the protocol itself is open-source. Additionally, PARSIQ’s innovative decision to remove the requirement of collateral to participate in or build on IQ is another first for the DeFi space, nullifying the risks associated with DeFi participation.

 

IQ Protocol also takes an innovative approach to token utility through the introduction of Power Tokens. Unlike conventional utility tokens which represent a fixed amount of utility, Power Tokens generate utility over time. Therefore, holders of Power Tokens “subscribe” to utility rather than possessing a fixed quantity.

 

For example, the conventional “tomato token” would represent rights to collect 1 kg of tomatoes, whereas a Power “tomato token” (with weekly flow and expiry in 1 year) would represent a right to collect 1 kg of tomatoes per week for a year.

 

Power Tokens are housed in a “Power Enterprise” – a series of smart contracts which aggregate several IQ Protocol features, including governance, funding, and the ability to mint new Power Tokens.

 

The shift to a subscription-first model provides huge performance benefits for blockchain-based networks including off-loading a significant load of transactions away from the main-chain. And in the best case, most main-chain transactions aren’t needed anymore.

 

Tokenomics 

A new, upgraded tokenomics model also accompanies IQ’s launch, requiring users to hold PRQ, PARSIQ’s native token. IQ allows users to borrow or “rent” PRQ via IQ Protocol by paying a fee. In effect, they pay a subscription fee, with the proceeds rewarding lenders in a risk-free fashion. Accordingly, IQ’s model rewards holding in a simple but effective way which also ensures the long-term security of its network.

 

Strong Partnerships & Developments

IQ’s launch comes after a successful start to the year for the PARSIQ team. The current network recently integrated with the Solana ecosystem, allowing SOL users to combine data streams and write custom scenarios using PARSIQ’s user-friendly scripting language.

 

PARSIQ also integrated its Smart Triggers feature with data marketplace platform Ocean Protocol. The integration gives Ocean users the ability to automate reactions to specific data inputs using PARSIQ’s unique monitoring solution. 

 

This was also extended to Binance Smart Chain (BSC), with BSC users able to benefit from the same Smart Triggers feature. As part of the BSC integration, PARSIQ also became part of Binance’s $100 million accelerator fund as part of the top-exchange’s efforts to encourage innovative new projects to build on BSC. 

 

Moreover, PARSIQ has integrated with several other projects in the DeFi space, including Balancer, PAID Network, Injective Protocol, and many more. For more on these integrations, check out PARSIQ’s blog

 

About PARSIQ

PARSIQ is a next-generation blockchain analytics platform built to connect blockchain activity to off-chain applications and devices. It provides a number of innovative solutions for actionable data including customizable event-based triggers, data monitoring solutions, and real-time automation targeted at the SaaS space. 

 

For more about IQ Protocol, PARSIQ, and its future plans, visit PARSIQ’s website.  

 

Connect with PARSIQ on LinkedIn: https://www.linkedin.com/company/parsiq/

Follow PARSIQ on Twitter: https://twitter.com/parsiq_net

Join the PARSIQ community on Telegram: https://t.me/parsiq_group

Read PARSIQ’s blog on Medium: https://medium.com/parsiq 

 

Media Contact Details 

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Contact Email: [email protected] 

 

About Bitcoin PR Buzz 

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PARSIQ is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

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Next-Gen DeFi Platform CherrySwap Announces $3m Funding & Listing on OKExChain

Press Release: CherrySwap has announced a successful $3 million raise, as well as integration with the OKExChain ecosystem.

 

17th March 2021, Silicon Valley, United States – CherrySwap will soon be launched on OKExChain as the first batch of automated work protocols for OKEx’s public chain EVM. The news has attracted the attention of many leading media outlets in the industry. Prior to this, CherrySwap completed a strategic investment round, raising US$3 million which will be used to further strengthen the community operations and other major sections of the project. The funding will also be used to develop the CherrySwap ecosystem and help the subsequent market business development.

 

Moreover, CherrySwap is the first OKExChain-based Automated Market Maker (AMM) planned and developed by industry professionals. These include a doctor of computer science at Yale University, the former CCP group director, and technical experts who have been deeply involved in the blockchain industry for many years. There are several features CherrySwap will make use of to achieve its goals, such as liquidity mining, an initial farm offering (IFO), an NFT solution for the real estate sector as well as giving global presence to artists, a lottery to reward CherrySwap participants, and a DAO to include those participants in the governance process. These will help CherrySwap realize self-driven liquidity creation and give participants the greatest value dividend.

 

Additionally, CherrySwap helps to overcome one of DeFi’s biggest issues: the immense learning curve new-entrants to the DeFi space initially face. One of the reasons for poor liquidity in existing DeFi projects is that the participation process is too cumbersome, with the project itself not being user-friendly. Both make user participation unattractive. 

 

CherrySwap’s single-currency pledge, dual-currency liquidity mining, and farming, as well as many other features, ensure that the entire platform is easy to use. These features will therefore make it easier to provide liquidity to CherrySwap and in turn, make liquidity access more sustainable.

 

As set out in CherrySwap’s development plan, the overall product planning and related protocol development will be completed in Q1 of 2021. Next, the OKExChain API will be docked, and the official website released shortly after, with CherrySwap Exchange and LP pool planning set to be launched in Q2 of 2021. Several token airdrops will take place, preceding the launch of CHERRYSWAP V1. 

 

Subsequent to enabling compatibility with Ethereum’s EVM, CherrySwap will begin their IFO, and support diversified sectors such as liquidity mining for other projects, whilst developing into a comprehensive DeFi service platform with liquidity mining as the main feature.

 

CherrySwap is collaborating with several well-known industry auditors, such as Know Chuangyu and CertiK, to conduct high-standard security audits on smart contracts, vulnerability detection as well as screening and penetration testing on project codes. The audits will strive to provide users with a highly secure, fair and transparent environment for participation.

 

CherrySwap is already seeing its user community grow. Recently, the membership of official CherrySwap telegram group surpassed 39,000 members. On Twitter, the total number of reposts stands at just under 17,000 with 5,000 comments. 

 

CherrySwap will be based on OKExChain’s blockchain project empowerment campaign, and combined with its liquidity advantages, will become an effective channel for entry to the OKExChain ecosystem. The two parties work together to promote mainstream DeFi adoption.

 

Visit CherrySwap’s official website – https://www.cherryswap.net/ 

Follow CherrySwap on Twitter – https://twitter.com/CherryswapNet 

Join the CherrySwap community on Telegram – https://t.me/cherryswap_1st/

 

Media Contact Details

Contact Name: BlockTrain media team

Contact Email: [email protected]

 

About BlockTrain media 

BlockTrain is a global blockchain media and branding advisory firm, headquartered in Beijing and San Francisco, that serves English and Chinese speaker communities worldwide. We advance the industry’s development by providing PR services, creating original media content, and hosting global blockchain conferences.

 

CherrySwap is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.