Tag: defi

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Cubera Finance Announces Launch of Progressive DeFi Staking Platform

Press Release: The Cubera DeFi staking platform is in its early access phase and will soon offer users a safe, streamlined environment in which to stake their assets across multiple chains. 

December 15, 2023, Oslo, Norway — Cryptocurrency users can now embark on an exploration of the innovative DeFi landscape, and earn rewards on the Cubera multi-chain staking platform. The team at Cubera are excited to unveil a trailblazing platform that synergizes staking, yield optimization, and auto-compounding on a unified, transparent environment. 

Cubera DeFi Reward Staking 

The Cubera platform has been developed to offer a transparent, streamlined experience for users to manage and grow their portfolio whilst still being able to utilize their assets across multiple DeFi platforms. The company is heavily focused on transparency and building trust amongst its growing community. 

Cubera is committed to harnessing the power of DeFi and DAOs to bring users an open-source platform that offers complete transparency across all operations, strategies, and accessibility to all types of crypto users. 

Platform Features

Cubera has revolutionized the yield farming process by automating compounding, effectively making time and effort secondary considerations. This innovation not only streamlines the process but also significantly reduces associated costs, thereby enhancing the yield potential for all users.

Cubera offers a wide array of innovative features, each integral to crafting a comprehensive solution for maximizing yield optimization. These features include: 

  • Auto-Compounding Vaults: Tailored to maximize yields in specific scenarios.
  • Cubera AutoSwap tool: Streamlines the swapping process with its innovative ZAP feature, allowing users to effortlessly transition between different assets. 
  • Agile Integration: Cubera adeptly navigates the blockchain ecosystem, seamlessly integrating with a diverse range of protocols.
  • Fair Revenue Sharing: Cubera enables extending staking benefits to include participation in governance and profit sharing.
  • Cutting-Edge Strategies: A pioneer, continuously navigating and often setting the course for yield farming innovations.

Supported Networks for Staking

Initially Cubera will offer asset staking on Ethereum, Optimism, Polygon Arbitrum, BNB, Avalanche, and Base. Users can choose from at least 38 different protocols for earning staking rewards across these networks. For the full list of protocols visit the official page here. 

A Future to Look Forward to

Cubera is building a strong staking network built on trust and transparency. The company is collaborating with reputable partners to enhance these values and ensure the safety of its community. Cubera aims to redefine the DeFi playing field by automating the intricate process of yield farming and opening up a vast array of opportunities for those who choose to collaborate with Cubera. 

Anyone interested in experiencing Cubera in its early access phase and stepping into a new era of DeFi can do so here. 

Media Contact Details

Contact Name: John Koroma

Contact Email: [email protected]  

Cubera Finance 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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Hackless Pioneers B2B & B2C Security Tool for DeFi, Saving Nearly $500,000 for Clients

Hackless Pioneers B2B & B2C Security Tool for DeFi, Saving Nearly $500,000 for Clients

Press Release: DeFi protection solution, Hackless, is pioneering a new security tool which has so far saved funds worth just under $500,000 from hacked addresses.  

 

August 10th, London, United Kingdom – ETHLisbon Hackathon winners Hackless has designed a comprehensive security platform which aims to protect the decentralized finance (DeFi) world from targeted exploits, as well as safely migrate funds from individual wallets and protocols under attack.

 

Hackless works at the infrastructure level of EVM-compatible blockchains, uniting several elements from the blockchain ecosystem in order to strengthen a DeFi protocol’s security from the lowest levels of its ecosystem.

 

The platform has three core services which it uses to help defend against exploits and recover funds:

 

  • Watchdog – A mempool monitoring tool which tracks suspicious transactions. 
  • SafeMigrate (B2B) – The first-to-market service which ensures that funds can be successfully migrated from a paused DeFi protocol that is being attacked.

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  • Conductor (B2C) – A private mining provider that ensures the safe and undetectable migration of user’s funds from compromised wallets.

 

The Hackless team believes this type of active protection is critical to the future innovation in the DeFi space given the substantial increase in the value of assets being locked up in DeFi applications.

 

Serhii Androsiuk, co-founder and CEO of Hackless, commented:

 

“The daunting thing about DeFi right now is that the rising tide of recent security exploits seems to out-speed the adoption and development of DeFi as such. Seven of the ten largest crypto thefts from January 2021 to March 2022 involved DeFi protocols. Frequent brutal exploits of flash loan protocols, cross-chain bridges and individual crypto wallets stress the need for a powerful security tool which is capable of boosting industry’s security level right away. We envision Hackless as a comprehensive platform that offers solutions both for DeFi protocols and individual investors. When used by all types of DeFi players it will enhance the overall protection giving a boost to industry’s growth.”

 

Hackless In Action

Earlier this year, A.I. and blockchain-powered virtual assistant services platform VAIOT was subject to a brutal exploit. Attackers tried and succeeded to take ownership of several of the platform’s operational wallets, containing its native currency VAI, which are critical for the functioning of its services. This resulted in the theft and freezing of several million VAI and tens of thousands worth of ETH and BNB, belonging to both their users and VAIOT itself.

 

The Hackless team integrated with VAIOT, contributing their expertise to the effort to safely migrate the frozen assets from the contract owned by the attacker. Using a variety of techniques and tools utilized in the Hackless product itself, the team were able to successfully help VAIOT recover $400,000 in frozen assets, whilst ensuring both the techniques and their employment remained undetected to the attacker.   

 

This successful case study was followed in quick succession by other examples of Hackless in action. The first involved a user who had their private keys stolen (a theft all too common in the crypto space) following a phishing attack. The attacker then monitored the wallet, draining all funds as soon as they appeared, leaving the user unable to access their NFTs worth ~$4,000. In this case, Hackless was able to deploy two key features of its product, the Conductor and SafeMigrate. The team were able to retrieve all the user’s NFTs to an uncompromised wallet without the attacker being aware.  

 

The second was a similar case, only the amount stolen was significantly higher at $87,000. Deploying the same features, Hackless was able to recover this amount quickly, proving again not only that there is demand for this service, but that their tools work. Consequently, both the Conductor and SafeMigrate form part of Hackless’ core offering, which is now available to the public. 

 

Securing the Future of DeFi with Hackless

Hackless has demonstrated its DeFi security pedigree in the wild. Its mission to provide a robust security layer between Ethereum and its many DeFi protocols, is inspired and facilitated by the experience of its Ukraine-based team. Co-Founders Serhii Androsiuk and Pavel Radchuk have extensive experience in the blockchain space, with both having worked with various DeFi and NFT projects since 2017. Androsiuk is also a veteran of the banking sector, lending his expertise in growing projects to scale to the Hackless team. 

 

This year has seen the beginning of the architectural design for its modular platform, as well as production-ready services. The roadmap this year still has a number of exciting developments to come, including its staking program (Q3 2022), V1 Conductor (Q3 2022) and V1 SafeMigrate (Q4 2022). 

 

Combined with partnerships with leading DeFi projects such as Blaize and Zokyo, Hackless is well positioned to deliver a much needed security solution for the DeFi space.

 

To read more about Hackless and its pioneering solution to protect DeFi assets, visit their website here.

 

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Media Contact Details

Contact Name: Nataliia Maslennykova

Contact Email: [email protected] 

 

HACKLESS 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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YOP Finance Launches Three-Click Yield Farming Platform for DeFi

YOP Finance Launches Three-Click Yield Farming Platform for DeFi

Press Release: YOP Finance has launched a platform that lets users earn the highest passive income on their crypto across top blockchain platforms from a clean, simple, and easy-to-use application.

 

May 24th, 2022, Seychelles – YOP Finance, the DeFi interface that lets users earn passive income on their crypto assets, is now live for all users. Following a highly successful private launch, this will be the first time all users will be able to use the platform. Users can take advantage of the YOP vaults and earn passive income on their crypto with APYs as high as 65%. The platform is designed to be intuitive and extremely easy to use, removing any barriers to entry for the average investor to earn passive income that were earlier available to only a select few.

 

Since its public launch, the platform has already reached over $1Million in TVL, with $600,000 being locked in the first 72 hours. The YOP vaults will initially have increased caps to enable a large number of users to invest and earn passive income on their digital assets. 

 

Getting Started With YOP

The YOP Finance vaults were launched to all users on 4 May 2022, where users could head to the vaults app and start depositing their crypto. Users can access the Vaults by depositing either stablecoins or wBTC and wETH. 

 

The YOP vaults are a combination of multiple strategies put together with different weights to offer maximum returns while reducing risk exposure. Using smart contracts, these vaults continually reinvest earnings, compounding returns and achieving maximum yield for investors.

 

While the platform already offers high base APYs, users can unlock even higher returns with YOP’s booster feature. Users simply have to stake $YOP tokens in the YOP LockBox to increase earnings. The higher the stake in the LockBox, the more significant APY boost each user gets. The Boost is in the form of a multiplier x1 — x10, which applies to the Reward APY, which is above the base APY of the vault.

 

Post a successful launch, Barry Downes, COO of Pluto Digital, the parent company of YOP, said: 

“YOP makes participation in a complicated area of crypto simple and accessible for all giving people the control, insights, and flexibility all from a single application. Now anyone can start staking their crypto and start earning a passive income with a click of a button.”

About YOP 

YOP Finance offers an opportunity for passive income to anyone looking to make returns on their crypto without having to deep-dive into the world of DeFi. Removing the redundant jargon and extra clumsy UIs, the YOP platform makes investing and earning simple for everyone. The platform is secured by an in-house team of security specialists and audited by industry-leading crypto entities. 

 

The team behind the YOP platform is a transparent and deanonymized mix of seasoned builders with crypto natives. The team combined has decades of experience building simple yet effective products that can shape the future. 

 

As the public launch concludes, YOP is excited to bring more features to its investors. With the $YOP utility token, investors can enter a rich ecosystem that offers stellar APYs and much more. 

 

For more about YOP Finance and its new passive income focussed platform, visit their main website here.

 

Check out the YOP app

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Media Contact Details

Contact Name: George Turpin

Contact Email: [email protected]

 

YOP Finance 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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Acta Finance Enters The Avalanche Ecosystem After Successfully Rebranding From ADA Finance

Acta Finance Enters The Avalanche Ecosystem After Successfully Rebranding From ADA Finance

Press Release: DeFi ecosystem, ADA Finance, has rebranded to Acta Finance, launching a new native token $ACTA, as well as developing its own AMM, ActaFi Swap.

 

March 14th, 2022, Mahe Victoria, Seychelles – ADA Finance, a pioneering decentralized finance (DeFi) ecosystem which will operate on Avalanche initially, has successfully completed a rebrand, changing its name to Acta Finance (ActaFi). In addition to this rebrand, the ActaFi team have also been developing their own native Automated Market Maker (AMM) protocol, ActaFi Swap.

 

The ActaFi team took the name ‘Acta’ from the latin phrase ‘Acta non verba’, which translates to ‘deeds not words’ reflecting the team’s focus on substantive development and community building within the crypto space. 

 

Commenting on the rebrand, ActaFi’s CEO & Founder, Christof Waton, said:

 

“Initially, we only wanted to launch on Cardano, but we couldn’t risk oru investors’ funds developing on an early-stage blockchain that is still prone to vulnerabilities and scalability issues. Therefore we started to develop the same ecosystem, within the same project, on Avalanche in parallel. The name ADA Finance limited the interest of people that are anti or neutral towards ADA / Cardano, with our token on Avalanche and utilities on Avalanche, it was better to perform the rebrand to a neutral name, hence Acta Finance.” 

 

Pioneering the DeFi space

ActaFi’s rebrand is accompanied by several new feature releases and announcements which will lay the foundation for ActaFi Swap. The first is an onchain affiliate program which will incentivise Acta community members to attract new users to the ecosystem, encouraging organic community growth. 

 

This will work in conjunction with the onchain staking of $ACTA, the ecosystem’s new token. Users will be able to stake $ACTA in the normal way, maturing their stake to claim governance rights in the ecosystem’s new decentralized autonomous organization (DAO) when it becomes available. 

TGE incentives for $ACTA will be made public on April 5th, 2022 and both $ACTA staking and the ecosystem’s affiliate program are currently being audited by Solidity Finance. 

A New Approach to AMMs

ActaFi’s new AMM, ActaFi Swap, is set to launch later in 2022 and will include several new features which put it at the cutting edge of AMM protocols.

Firstly, ActaFi Swap will follow Uniswap v3’s concentrated liquidity model, a model that allows liquidity to be allocated within a custom price range. Although this requires more maintenance than the passive function adopted by most common AMMs, the ability to customize price ranges  allows liquidity providers to provide their capital in a more efficient way according to their needs. As a result it is preferred by experienced digital asset managers, market makers and funds as it allows them to act more dynamically to market changes. 

 

Secondly, the ActaFi team is targeting decentralization and interoperability from the offset like competing aggregators, such as 1inch. This will provide maximum liquidity for the ActaFi ecosystem, ensuring that the AMM can achieve the most efficient prices for its assets. 

 

Finally, ActaFi Swap will include a token bridge as a secondary function built into the swap, allowing users to benefit from access to greater liquidity for an asset on other blockchains (e.g. Ethereum, Cardano and Avalanche.). Consequently, users have the best possible price outcome for the assets they want to exchange. This is a feature of the most sophisticated DeFi ecosystems, but is often too complex for regular users to make use of. ActaFi Swap will simplify the user experience to make toke bridges more accessible to the regular user. 

 

For more information on ActaFi Swap, read this blog

 

Building on a Year of Success 

 

Both ActaFi’s rebrand and the development of its own AMM follow a year of positive press, business development and community building for the ActaFi team. The team received an award for Best DeFi Project of the Year at the AIBC Summit in Malta in November 2021. Consequently, the team attracted the attention of several KOLs in the crypto space, including over 70 YouTubers with a global reach of over 8 million people. The team also managed to secure an investment from Roger Ver (AKA Crypto Jesus), former CEO of Bitcoin.com and early investor in Bitcoin.

 

The ActaFi team are now leveraging this success to position themselves at the forefront of the DeFi space, with the rebrand putting emphasis firmly on development. 

 

For more information on how Acta Finance is positioning itself as a leading innovator in the DeFi space, visit their website here. 

 

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Media Contact Details

Contact Email: [email protected] 

 

ACTA FINANCE 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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RR2 Capital Expands Portfolio with Strategic Investment in DAG-based DeFi Platform Aleph Zero

Press Release: RR2 Capital is expanding its disruptive technology investment portfolio, announcing a strategic investment into privacy-preserving platform, Aleph Zero.

 

February 14th, 2022, Lisbon, Portugal – RR² Capital, a pioneering venture capital firm empowering the ‘new internet’, has announced a strategic investment in cutting-edge DAG-based DeFi platform Aleph Zero. The move forms part of a calculated expansion in RR²’s disruptive technology investment portfolio, which is spearheaded by a thesis centered on digital assets, blockchain technology, A.I. and Machine Learning.

 

The investment took place through RR² Capital’s participation in a private funding round during November 2021. With over 7 years experience as an incubator for more than 120+ disruptive start-ups RR² is poised to accelerate Aleph Zero’s rapid growth.

 

Aleph Zero at the Forefront of a DeFi Revolution

Aleph Zero plans to deploy the funding received in the strategic investment to expand efforts in the DLT’s ecosystem development and marketing, alongside a boost to the progressive team of blockchain visionaries driving forward the project’s roadmap. 

 

Substantial progress has already been made since the closure of the initial funding rounds, in just three months Aleph Zero has managed to engage a total of 30 staff on a full-time basis – including 20 software developers. The investment has also enabled Aleph Zero to bring in the expertise of more than 20 project consultants and advisors. 

 

Part of the strategic investment is focused on bringing awareness to the important transition into fast, low-cost, privacy-enhancing, and highly scalable blockchains that have the capacity to meet the demands of enterprise. RR² will contribute towards Aleph Zero’s community building and brand awareness, a fundamental area of strength for the venture capital firm which boasts an impressive community of over 320,000+ members. 

 

Explaining the ethos behind the decision to back the sophisticated blockchain venture, Richard Seiler, Partner at RR² Capital commented: 

 

“Firstly, our interest in DAG-based chains, Aleph Zero has designed an incredible piece of technology and we wanted to be a part of this development. Our fund mission statement says we invest in teams and projects who are developing innovative and disruptive technologies. This could not be more true than with the Aleph Zero team.” 

 

Speaking about the collaboration with RR² Capital, Aleph Zero’s Co-Founder, Antoni Zolciak added:

 

“We appreciate the relationship with RR2 Capital due to their technical know-how as well as appreciation not only for the project’s market share potential, but also for the design of the technology itself. We see RR2 as value-add investors.”

 

About Aleph Zero

Aleph Zero is a privacy-focused, DAG-based layer 1 protocol, designed to provide a solution to the ‘blockchain trilemma’, a protocol level issue with blockchain technology that forces blockchain-based protocols to trade off between decentralization, scalability and security. By utilizing DAG as an intermediate data structure, Aleph Zero managed to achieve instant transaction finality, yet still produce blockchain as a result.

 

Powered by a novel consensus protocol presented at the Advances in Financial Technology conference in 2019, Aleph Zero upgrades current decentralized ledger technology to provide near-zero fees, privacy and the potential for infinite scalability, as well as true decentralization. The team behind Aleph Zero’s core development, Cardinal Cryptography, also secured a Web3 Foundation grant for development of Substrate randomness beacon.

 

The Aleph Zero team’s mission is to enable access to a world-class decentralized infrastructure by bringing transparency and privacy to individuals and institutions whenever they seek to directly exchange value with one another.

 

Alpha Zero is currently in phase 3 of their ambitious roadmap, which include the implementation of native tokens transfers on its mainnet, the introduction of smart contracts and the integration of commonly-used programming language Rust.

 

About RR² Capital

RR² Capital is a Lisbon-based venture capital firm which specializes in disruptive technology spaces such as decentralized ledger technology, artificial intelligence, machine learning and digital assets. They believe that many traditional businesses and organizations will implement these technologies, adding immense value to the core of those businesses.

 

RR² Capital’s mission is to capture this value by investing in early stage projects and teams leading this innovation, as well as those businesses that are promoting adoption. The team operates a strategy centered on a long-term vision, developing long standing relationships, utilizing trusted advisors in decision-making, building an integrated network of first-movers and instilling the trait of flexibility in its team. 

 

This has positioned RR² Capital as experts in value creation, reporting 1,011% returns across a portfolio of 120+ investments in 2021.

 

For more information about RR2 and their expansive disruptive technology-focussed investment portfolio, visit their website here

 

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Media Contact Details

Contact Email: [email protected]

 

RR² CAPITAL 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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Polis Partners with MCN Ventures to Build Cross Chain DeFi Ecosystem on Polis Chain

Polis Partners with MCN Ventures to Build Cross Chain DeFi Ecosystem on Polis Chain2

Press Release: Polis is partnering with decentralized crypto venture capitalist MCN Ventures following the successful launch of the Polis Chain ecosystem. 

 

December 21st, 2021, Mexico City, Mexico – Community-based decentralized finance (DeFi) platform Polis is announcing a partnership with decentralized VC MCN Ventures. The collaboration, which is the first of its kind for Polis, will focus on building a cross-chain DeFi ecosystem on Polis Chain, Polis’ native blockchain.  

 

As part of the collaboration, four new projects are set to be deployed by MCN Ventures on Polis Chain in the next few weeks. These include decentralized stablecoins Xdollar and MinMax, farming ecosystem MCN Multiple, and Acheron, a third-party bridge for Polis Chain.   

 

Speaking about the collaboration, Andreas Meyer, Business DAO Manager commented: 

 

“For our project it is the first time that we will work together with a venture fund. The special thing is that MCN is completely decentralized and has a huge network in the DeFi space. This brings us many new opportunities to grow our Polis Chain for 2022. We are looking forward to this collaboration and the future new projects on our chain.”

 

Bill the Investor, a general partner of MCN Ventures also commented: 

 

“The partnership between MCN and Polis will help Polis to build its defi projects fast and greatly enhance the MCN ecosystem.”

 

The New Kid in DeFi

Polis’ collaboration with MCN Ventures comes after a swathe of developments at Polis following its entry into the DeFi space, marking its 4-year milestone. In November 2021, Polis launched Hades Swap, its first decentralized exchange (DEX) in a key pivot into the DeFi space. The DEX had over $2.5 million in trading volume in its first week, with Total Value Locked (TVL) peaking at $2.5 million too. To date, $6.5 million worth of crypto assets has been traded on the platform.

 

Moreover, Polis successfully launched the Olympus Network, a blockchain within the Polis ecosystem capable of running smart contracts. This will allow developers in the ecosystem to easily create decentralized applications (dApps), a feature which is critical for its operation in the DeFi space.  

 

Finally, in November 2021, Polis partnered with Meter,io to bridge the Olympus Network to Binance Smart Chain to facilitate transfers of stablecoin DAI. The Polis team has also been pursuing several additional partnerships which are due to materialize in the next few months.

 

Combined, these developments suggest Polis’ pivot towards DeFi is not only well-funded, but well-resourced, ensuring Polis is positioned to become a leader in the DeFi space. 

 

About MCN ventures

MCN Ventures is a decentralized incubator, investor and liquidity provider.  Its stakeholders  comprise Twitter-based key opinion leaders, entrepreneurs, traders and analysts focussed on decentralized finance. Collectively, stakeholders invest in early-stage projects, providing a range of industry expertise as well as capital.

 

The MCN team leverages a platform of over 200,000 followers across Twitter, Telegram, WeChat and Weibo to help grow early-stage communities as well as providing technical expertise in the form of code audits and evaluations. 

 

About Polis

Polis is the main asset on the Olympus Network. It allows users to pay for transaction fees, as well as transferring value stored in Polis within the network. Polis Chain is EVM-compatible, meaning developers can build applications that make use of smart contract technology. 

 

The network started as a fork of popular payment platform DASH, adopting its own Proof-of-Stake rules in 2018. Moreover, Polis is governed by a decentralized autonomous organization (DAO) which elects five managers responsible for the ecosystem’s operation. All Polis members are able to vote for each of the positions as well as put forward and vote for specific proposals pertaining to the ecosystem’s future.  

 

For more information on the Polis and MCN Ventures collaboration, visit their website here.

 

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Media Contact Details

Contact Name: Maria Sidorova

Contact Email: [email protected] 

 

POLIS 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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Polis Enters the DeFi Space, Launching Smartchain, DEX and BSC Bridge

Press Release: Polis is launching its first-ever blockchain, PolisChain, allowing users to benefit from its purpose-built DEX and Yield Farming.

 

November 15th, 2021, Mexico City, Mexico – Polis, the project behind decentralized payments platform PolisPay, is announcing the launch of PolisChain, its first native blockchain to power the Polis ecosystem, which includes the Olympus network.

 

The new chain represents a significant move for the ecosystem, signalling the project’s ambition to increase adoption with a particular focus on the fast-growing decentralized finance (DeFi) space. 

 

Coinciding with this announcement, the team behind Polis has also launched a dedicated decentralized exchange (DEX) for the PolisChain called HadesSwap. HadesSwap allows users in the Polis ecosystem to exchange the ecosystem’s tokens without the need for a centralized exchange, as well as stake Polis and other crypto-assets for returns. 

 

Currently, HadesSwap supports DAI, SOUL, BTCB, ETH and CAKE, and is compatible with popular decentralized wallet Metamask. HadesSwap also features a Binance Smart Chain (BSC) bridge for assets BTCB, ETH, CAKE and DAI. 

 

Speaking about the launch, PolisChain’s business DAO manager, Andreas Meyer, said: 

 

“In the long term, the Polis Chain team will focus on payment tools, merchant connections and online stores, creating a smart chain for fast payments and decentralized applications”

 

Towards DeFi and Beyond 

In addition to developing a new DeFi offering, Polis have been focussed on developing several new features for their gowing ecosystem. This includes the recent addition of Polis to Meter.io which connects PolisChain to BSC, supporting a bridge for BTCB, ETH, CAKE and DAI on both networks. 

 

Meter.io is a highly decentralized Ethereum scaling solution with a built-in metastable gas currency. It connects to Ethereum and other blockchains as a layer-two protocol and allows smart contracts to scale and communicate seamlessly through heterogeneous blockchain networks.

 

Read more about Meter.io here.

 

Moreover, in October 2021, the Polis team released Polis Block Slasher, a free-to-play game that allows players to win Polis, a feature that incentivises the wider ecosystem’s adoption. The game is randomized according to each player’s wallet address, with the chance to win up to 400 Polis (worth just over $100 at current market rates) if they secure a ranked position by November 30th. 

 

Find out more about Polis’ Block Slasher game  here. 

 

About Polis 

Polis is the main asset on the Olympus Network. It allows users to pay for transaction fees, as well as transferring value stored in Polis within the network. Polis Chain is EVM-compatible, meaning developers can build applications that make use of smart contract technology. 

 

The network started as a fork of popular payment platform DASH, adopting its own Proof-of-Stake rules in 2018. Moreover, Polis is governed by a decentralized autonomous organization (DAO) which elects five managers responsible for the ecosystem’s operation. All Polis members are able to vote for each of the positions as well as put forward and vote for specific proposals pertaining to the ecosystem’s future.  

 

At its core, Polis has adopted a community driven approach to creating new technology for the purpose of promoting widespread cryptocurrency and decentralized ledger adoption.

 

For more information on how Polis is using its own native blockchain to revolutionize DeFi, visit their website here.

 

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Media Contact Details

Contact Name: Maria Sidorova

Contact Email: [email protected] 

POLIS 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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BEUROP Launches DeFi Trading & Marketing Platform for Blockchain Startups

Press Release: Blockchain Euro Project BEUROP has announced the launch of its DeFi trading and Marketing platform for cryptocurrency startups and everyday users.

 

Monday 18th, London, England — Following the launch of its deflationary BEPR token, Blockchain Euro Project (BEUROP) is preparing to establish its first product: a DeFi crypto trading and marketing platform for developing blockchain industry startups.

 

What is BEUROP?

BEUROP is a European blockchain-powered company that focuses on making cryptocurrency startups transparent, efficient, and reliable. The company’s new flagship product is a DeFi trading & marketing platform that will help legitimize emerging companies, tokens, and blockchain projects; while offering token holders potential income and liquidity.

 

DeFi & Marketing Platform

The BEUROP platform aims to integrate projects in the DeFi, NFT, CeFi, Gaming, and Business space into its ecosystem, while also providing benefits to regular crypto users. The platform’s tools will offer business promotion through marketing banners like Poocoin or Dextool, and functionalities like Coinsniper and Coinhunter, with the option to vote/promote tokens directly. The advertising package contains complete marketing for presale, post-sale, and exchange listing.

 

Crypto Trading and Marketing Tools

Everyday crypto users will benefit from an intuitive interface that integrates:

 

  • Night mode
  • Free trading options
  • Digital asset analysis
  • Audited Smart contracts with characteristics to match with honeypots.

 

The platform also features enhanced cryptographic security which uses its intelligence tool for comprehensive cryptocurrency analysis. The result will be a free report on possible risks or threats when working with a token/currency.

 

BEUROPs DeFi trading and marketing platform aim to provide a complete product with all the utilities, accessible, secure, and with the best prices on the market. The company will also build a cross-chain bridge to other networks such as Solana, Polygon, and Ethereum. Therefore, users will have the opportunity to join BEUROP’s platform and get all the benefits in one product.

 

Services and Resources

A good marketing strategy for blockchain projects ensures the proper positioning in the crypto ecosystem and the influx of long-term investors. BEUROP includes multiple services and tools that will boost startups. After launching the first version, developers will implement several functionalities for the crypto marketing platform as startup launchers.

 

BeSmartBeurop

BEUROP is also set to soon release BeSmartBeurop, a free educational program for BEPR holders that will include financial knowledge, personal development, programming skills, trading, among other options. The company will help people to develop professionally and personally. The best qualifications will join the BEUROP team in designing the first blockchain ecosystem in the European Union.

 

e-Wallet & BEPR Distribution

Parallel to the educational platform, BEUROP will launch its e-wallet. This product will be connected to the other projects within the roadmap, to minimize cases of fraud and help to improve the process of buying/selling the reflective token, BEPR.

 

Project owners will have a secure and efficient tool in BEUROP DeFi crypto trading and marketing platform. Meanwhile, BEPR token holders will see stable growth of their finances with this product due to its reflection mechanism, in which 10% of the taxes are distributed (BEPR Holders 3%, LP Holders 3%, and Marketing 4% which include 1% for Charity).

 

About BEUROP

With legal registration in England and a team with more than five years of experience in blockchain solutions, BEUROP is a company created to provide its investors with stable income through an ecosystem whose products respond to the current needs of the crypto market. Anyone interested in the project can check out the BEUROP Whitepaper here.

 

BEUROP Socials

Twitter | Discord | Telegram | Medium | Team | Insta | Facebook

 

Media Contact Details

Contact Name: Karen Gandia

Contact Email: [email protected]

 

BEUROP 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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Huobi-backed SocialFi Platform, Torum to Make Social Metaverses a Reality with Avatar NFTs

Torum

Press Release: Torum is set to launch a pioneering social metaverse and socially integrated Avatar NFTs through a unique SocialFi platform. 

 

29th September 2021, Kuala Lumpur, Malaysia —  Torum SocialFi platform has announced that it will be launching a ‘Social Metaverse’ and the world’s first-ever social-integrated Avatar NFT, following a strategic investment from Huobi Ventures back in August 2021.

 

Torum SocialFi Platform 

The conceptualization and creation of metaverses have been on the rise since the explosion of the NFT market, and Torum is leading the social side of this emerging industry with its Huobi-backed SocialFi platform and ecosystem. 

 

The Malaysian-based SocialFi platform has decided to take the lead and build a Social Metaverse within the crypto and blockchain industry. This evolution will kick off from the launch of the world’s first-ever social-integrated Avatar NFT.

 

Meet your Metaverse Identity

Powered by Binance Smart Chain, Torum is releasing 21 sets of Genesis Avatar NFTs that are designed with custom themes and popular cultural references. Each avatar represents a one-and-only identity in the Torum metaverse, joined by over 115,000 other users. The BEP-1155 Avatar NFT is created by combining 6 different types of Avatar pieces of different rarity, which are only obtained through the Torum Genesis Blind Box NFT. 

 

There are more than 85 million Avatar variations to be explored, allowing the community to express their full inner creativity. As the Avatar NFT is integrated directly into Torum, the owner can use the Avatar as a socialized metaverse profile, bringing the combination of “Social + NFT” concepts into life.

 

Genesis Blind Box NFT

Each blind box contains one unit of Avatar NFT piece that is used to assemble a full Avatar NFT set and can only be purchased using the native token of Torum, XTM. To ensure equal opportunities for everyone, the chance of each NFT drop is completely fair and transparent as the total supply is pre-determined through smart contracts and traceable via blockchain.

 

Every XTM spent in the blind box purchase will be burned from the total token supply forever. As the circulating supply of XTM is reduced, it creates a win-win situation for every party in a wholesome metaverse economy.

 

Gateway to Crypto Social Metaverse

As the metaverse concept is still in its infancy stage, there is a massive untapped potential for a socialized metaverse. The Avatar integration is a perfect scenario of how Torum can unleash the possibility of owning a Metaverse identity on social media platforms.

 

The Avatar NFTs and NFT pieces unlocked from the blind box can also be listed and traded on Torum NFT Marketplace upon availability. The swift and flexible approach of the multi-chain SocialFi project has also led to the integration of DeFi and crypto marketing tools like Torum Finance and Torum Lounge respectively. 

 

With over 115,000 registered users and Huobi Ventures behind its back, Torum is always ready to adapt and integrate any blockchain trend that emerges in the crypto industry, including Metaverse.

 

Torum Socials

Website | Twitter | Telegram | Medium | Facebook

 

Media Contact Details

Contact Name: Jayson Tan

Contact Email: [email protected]  

 

Torum 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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Esports Leader & BSC Utility Token Nobility Announces Rostik Rusev for Advisory Board

Nobility

Press Release: esports company & BSC Utility token Nobility has announced the appointment of  Rostik Rusev on its board of advisors as the company gears up for launch. 

 

September 10th, 2021, Florida, USA — Nobility (NBL) is a revolutionary new BSC utility token focused on disrupting the esports industry with its unique smart contract capabilities. The project has just announced DeFi enthusiast, crypto entrepreneur, and blockchain business leader, Rostik Rusev as an advisor on its board.

 

Crypto Magician in the Shadows

Nobility is proud to announce the appointment of the ‘Crypto Magician in the shadows’ to its advisory board. Rostik Rusev is highly revered in the crypto space and will bring to the project a vast wealth of experience from not only the De-Fi space, but also from his previous work in the PR, Entertainment, and Music industries. 

 

Previously known as “The Bad Boy of crypto” Rusev made his name as an early pioneer in blockchain PR and will look to use his industry experience and connections with crypto exchanges to help Nobility increase its utility and disrupt the esports industry with this innovative new approach to DeFi. Led by CEO and Noble esports founder Kyle McDougal, Rusev will help Nobility break into the multi-billion dollar gaming industry and offer the market a scalable global solution. 

 

What is Nobility Token?

Nobility is a Revolutionary esports platform & utility token on Binance Smart chain. The token’s utility is focused on organizing and providing gaming tournaments with huge prize pools whilst rewarding token holders, and content creators with reflection rewards paid out in BUSD. 

Nobility will be a scalable global solution that addresses some of the limitations of the esports gaming industry through its blockchain smart contract; creating a fair, balanced, sustainable revenue system in the process. 

 

Nobility CEO Kyle McDougal voiced his excitement about the appointment: 

 

“We are delighted to announce the addition of Rostik Rusev to our growing team. As an advisor to the Nobility project, Rusev’s vast experience and in-depth understanding of both the blockchain industry and marketing nuances of crypto will prove invaluable.

 

His dedication, passion for change, work ethic, and ability to think outside the norm are key attributes that we see as pivotal in our quest to break new ground in esports, and offer the industry a fairer, more balanced, and sustainable revenue system.”

 

NBL Tokenomics

The Nobility utility token (NBL) uses a unique blockchain smart contract that employs an 11% fee on all swaps and transfers on the network. What makes Nobility unique is that it pays out rewards from this fee (known as reflections) in BUSD rather than the token itself, which offers much more secure rewards as the coin’s price is pegged and not susceptible to large price swings. 

 

For each transaction, a certain number of users are sent their reflections, depending on the size of the transaction and the gas that is used to send the transaction. Another huge benefit of this structure is that Larger transfers can process more BUSD payouts, as the required amount of gas is proportionally less than the value of the tokens. 

 

The 11% token fee is broken down and allocated in the following structure: 

 

  • 7% from each transaction is redistributed by weight to qualifying holders in BUSD. 
  • 2% added to the liquidity pool. 
  • 2% is allocated for Nobility Use wallet: Esports tournament prize pools, marketing, business development, charity donations, scholarship funding, manual burns, community events, giveaways.

 

Nobilities NBL token is currently available to buy on PancakeSwap & Bogged with BSC using MetaMask or TrustWallet 

 

Nobility has a host of new developments to be announced soon, as the team looks towards a full launch, more advisors, increased token utility, exchange listings, and organizing huge prize gaming tournaments. 

 

Media Contact Details

Contact Name: Rostik Rusev

Contact Email: [email protected] 

 

Nobility Token Socials

Website | Twitter | Telegram | Discord | Litepaper

 

Nobility Token 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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NFT Gaming Leader Gif.games Announce Anshit Bhardwaj as CEO

Bitcoin Press Release: Gif.games has chosen to promote in-house for the position of company CEO, appointing co-founder, Anshit Bhardwaj

 

August 25th, 2021, San Jose, Costa Rica — NFT gaming company Gif.games has announced Anshit Bhardwaj as its new CEO. The Gif.games co-founder will lead the company forward as it starts to cement itself as a pioneer and leader in the NFT gaming industry. Mr.Bhardwaj has been leading the development team impressively, and successfully helped launch the Tezotopia NFT Marketplace on August 9th, 2021.

 

Leading By Example

Anshit Bhardwaj has proven himself to be a capable leader, forward-thinking and level-headed. He responds to community needs efficiently and on a timely basis; continuing to grow and develop the community around the amazing product he and his team are delivering.

 

Working together with Creative Director Joab Garza, Bhardwaj has proven to be an excellent counterpart to Garza, providing an accurate roadmap and deliverables that the Tezos community has never seen, such as Yield Farming NFTs that are due to activate on September 10, 2021.

 

Tezotopia Launch Success

Gif.games launched its digital cross-world game and NFT Marketplace Tezotopia on August 9th, selling out all items in a lightning-fast 20 mins, and raising $76,514 in the process. This Launch success comes just before Gif.games was accepted into the Blockchain Gaming Alliance as a silver member. Gif.games will launch an IDO for its $GIF governance token with partner and decentralized launchpad Rocket Launchpad, on Tezos on August 28th, 2021. 

 

About Gif.games

Gif.games is a pioneer for merging NFTs and dApps by creating fun, Interactive worlds for users to collect, earn, and build new virtual worlds. Gif.games will be powered by the $GIF governance token and are the creator of NFT Marketplace Tezotopia, and gaming cryptocurrency Unobtanium. (UNO) 

 

Gif.games Links & Socials 

Tezotopia | Telegram | Twitter | Facebook 

 

Media Contact Details

Contact Name: Joab Garza

Contact Email: [email protected] 

 

Gif.games 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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Seascape Network & Binance NFT Release Exclusive Zombie Mystery Box NFTs

Seascape Binance

Bitcoin Press Release: Seascape Network will collaborate with Binance NFT to release new limited-edition zombie mystery box NFTs.

 

20th July 2021, SINGAPORE – Leading DeFi and NFT gaming platform Seascape Network is working with Binance NFT, enabling the integration of BSC for exclusive NFTs from their upcoming Zombie game series on the brand new Binance NFT Marketplace.

 

Binance NFT Mystery Boxes

The limited-edition zombie slayer character Wichita will be exclusively available only through Binance NFT patented Mystery Boxes and will be available in 5 qualities. Higher quality NFTs are extremely rare and bring players higher rewards when using them in Seascape’s upcoming 5th game. With a finite number of the rare NFTs minted, serious players are encouraged to try and acquire them via the NFT Mystery Boxes to start staking them for competitive rewards.

 

Seascape Tops DeFi Games Category

This news comes after a series of high points for the growing gaming network this summer. All of its DeFi games earned top 10 spots in BSC’s DeFi games category, and their original NFTs Scapes were Number 1 on the NFT marketplace Treasureland for almost the entire month of June 2021.

 

They were listed on the Crypto world’s most highly rated Ethereum-based DEX, SushiSwap, and released a fourth NFT-based DeFi game. Binance NFT Mystery Boxes offer a crowning achievement on a stellar month for the growing network.

 

Seascape Zombie NFTs 

Seascape believes that the future of NFTs in games must be about creating value for their owners. So, instead of purchasing an NFT for market price and using it to accomplish non-incentivized in-game tasks (such as leveling up a character), Seascape NFTs spend their entire life cycle offering opportunities to increase earnings for their holder. Right now the Seascape Zombie NFTs are very competitively priced, at under £20 BUSD.

 

Seascape NFTs have varying dimensions, such as character, quality, and generation, which affect the ways by which the user can employ them toward the pursuit of profit. Wichita NFTs will come in five qualities: Common, Special, Rare, Epic, & Legendary. Players will have the opportunity to stake their Scapes in Seascape’s zombie-themed DeFi game in exchange for in-game rewards.

 

These bat-swinging NFTs will be making their way to Binance NFT Marketplace soon, and will be ready to tell more Tales from the Crypt-o-currency! Those interested can stay up to date through the official Seascape Twitter account

 

About Binance NFT Marketplace

Binance NFT Marketplace offers an open market for artists, creators, crypto enthusiasts, NFT collectors, and creative fans around the world with the best liquidity and minimal fees. Consisting of three categories, Premium Events, Mystery Box, and a trading Marketplace, Binance NFT features valuable collectibles and an easily accessible trading market for all of its users. Content creators and artists who wish to collaborate can contact Binance through their NFT email address linked below

 

Binance Links

NFT Marketplace | Binance NFT email

 

Seascape Socials

Twitter  Discord | Telegram | Games

 

Media Contact Details

Contact Name: Kerel Verwaerde

Contact Email: [email protected]

 

Seascape 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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The First DeFi & NFT Social Media Project, Torum Announces NFT Launchpad

Torum NFT Launchpad

Bitcoin Press Release: Torum prepares to launch an NFT launchpad from its unique DeFi & NFT-infused social media platform, following successive fundraising achievements. 

 

9th June, 2021, Kuala Lumpur, Malaysia— Torum, the first DeFi, and NFT-infused crypto social media platform is now going to launch an NFT launchpad that is designed with cross-chain interoperability. The integration of the NFT feature will enable projects to raise funds from a community of over 56,000 cryptocurrency users and investors.

 

Introducing Torum NFT Launchpad

Torum NFT Launchpad is developed on Torum’s DeFi staking platform, Torum Finance that offers any issuing projects to launch NFTs with different rarity and total supply and also the burning period of the NFTs. There are two types of public launches with different criteria and gamification options available to choose from on the launchpad.

 

The first option is a dual token launch which gives NFT holders the vested right to burn the NFTs and receive the native tokens of both the issuing project and Torum in return. This launch creates a mutually beneficial result where NFT owners will receive two types of tokens, while the issuing projects can enjoy a higher public sale completion rate from both Torum and its community.

 

The second option is a single token launch which gives NFT holders the vested right to burn the NFTs to receive the issuing project’s native tokens in return. Other details such as whitelisting, token release rules, and buying limit per participant, will depend on the issuing projects but will offer such projects immense flexibility to make their first debut on the Torum NFT Launchpad.

 

Why choose Torum NFT Launchpad?

Unique from other NFT launchpads in the industry, launching on Torum will provide 5 exclusive benefits to projects, including:

 

  • An active community with over 56,000 cryptocurrency investors
  • Multi-chain support for public launch in the future (BSC & HECO)
  • Available listing on NFT marketplace that supports ERC-721 assets, including Torum’s upcoming NFT marketplace
  • A premium opportunity to sell the tokens to the loyal community at a price lower than the price of IDO and CEX / DEX listing
  • Resource and brand integrations, including VCs and strategic crypto communities

 

The process does not stop when the Initial NFT Offering is completed, as projects can leverage the premium advantages of Torum, as a social media platform to continue strengthening their community-building effort and post-launch marketing activities.

 

Recent Project Achievements

Torum has successfully completed three separate fundraising goals over the last three months. The project completed a $500,000 presale with zero marketing presence in March 2021, raised a $1.5M private round from AU21, Consensus Lab, DFG, M6, and 16 other prominent VCs in April 2021, and successfully sold off $243,000 INO in under 20 minutes in May 2021.

 

In terms of development, the innovation of the team behind Torum has enabled the project to become the first to ever combine DeFi, NFT, and social media. By having a social media platform with over 56,000 cryptocurrency enthusiasts, Torum will be developing a BSC-based NFT marketplace and a DeFi staking platform to build a one-stop ecosystem that is specially designed for the crypto space.

 

Mobile App Launch & NFT Ecosystem

The Torum Android mobile app launch is expected by mid-June, while the NFT marketplace will be launched by around July. Meanwhile, Torum will be integrating the HECO chain and other mainstream public chain support into the Torum NFT Marketplace to develop the largest multi-chain NFT marketplace in the industry.

 

The continuous expansion of blockchain innovations will help Torum remain focused in the pursuit of its long-term vision of becoming the largest crypto ecosystem that connects the general mass to the crypto space.

 

About Torum

Torum is the world’s first DeFi + NFT social media platform that is specially designed for cryptocurrency users. Backed by AU21, Consensus Lab, DFG, M6, Waterdrip Capital, and 15 other prominent VCs, Torum is now one of the fastest-growing social media platforms with over 56,000 registered users with a consistent 20 – 30% monthly user growth rate.

 

Torum Socials

Website | Twitter | Telegram | Medium | Facebook

 

Media Contact Details

Contact Name: Jayson Tan

Contact Email: [email protected]

 

Torum 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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MUNCH Project Reaches $1 Million Milestone in Charitable Donations

MUNCH

Bitcoin Press Release: DeFi project Munch has raised over $1 million USD in two weeks, to aid community-chosen global causes in developing nations, through non-profit organization GiveWell. 

 

May 7th, 2021, London, UK — MUNCH is a Decentralized Finance (DeFi) project which has raised over $1 million USD, in ETH, in just 14 days since its launch. This represents a huge achievement from the MUNCH community and a tremendous boost to the efforts of the GiveWell team.

 

100% of Fees Go To Charity and Holders

The Munch project applies a 10% transaction fee to every buy and sell made. This transaction fee is then split in two, with half redistributed to other holders of the token and half converted to Ethereum (ETH) which is then automatically donated to charity.

 

Rodrigo Silva, CEO at MUNCH voiced his strong appreciation to the community for its generosity, stating:

 

“We’ve been utterly blown away by the reaction from the community. It proves that people want their financial systems and services to work for everyone. It’s shown us that things can be done differently, and that every individual can have an impact.” 

 

Supporting the GiveWell Mission

As part of the community-led aspect of the project, the community voted to allocate the funds to the Maximum Impact Fund from a selection of projects provided by GiveWell. 

The funds donated by MUNCH will be used by GiveWell to provide grants to the highest-value funding opportunities among recommended charities, helping prevent potentially deadly diseases and improving people’s well-being.

 

GiveWell CEO, Elie Hassenfeld showed her gratitude to those supporting the charity, stating:

 

“We’ve been surprised and delighted by the support from the community and team at Munch. These donations will accomplish a tremendous amount of good.”  

 

A Community-driven Project

The MUNCH project will also allow the community to select the charity of their choice, which ultimately will be where the next round of donation funds will be allocated. The MUNCH project is currently evaluating and running background checks on a shortlist of options that the community will choose from.

 

Mr Silva stated:

 

“If we continue to grow at this rate, we will be donating millions per month. ‘’I knew that the people investing in new DeFi projects would be willing to have a ‘bite’ taken by the fee. The token may fluctuate, but across every transaction, money is going to help people. By automating everything, we made giving back a standard part of the transaction.’’

 

MUNCH Packs a Bite

MUNCH is a DeFI project, started by Rodrigo Silva after he identified a critical flaw in other cryptocurrency projects with a donation model. Rather than collecting donations in the native token, MUNCH routes the percentage to be donated in another, more stable token (such as ETH). This means when there is a major donation amount, it doesn’t destabilize the native token or let the donation lose value through slippage.

 

About Munch

MUNCH enables investors to divert and distribute part of their investment to causes that need it. Because of the immutable nature of the blockchain, every transaction can be tracked and verified to ensure that it is received in full by the charity. 

 

Rodrigo is joined by a team of 8 others based in Europe that bring a wealth of technological, business, and cryptocurrency experience to help manage and develop the project.

 

Anyone interested in earning passive income, whilst becoming a part of a community that uses its transaction fees to help important global causes can do so by buying MUNCH on Uniswap exchange.  

 

To learn more about Munch, please visit — https://munchtoken.com/

To learn more about Givewell — https://www.givewell.org/ 

See the Donation progress via the Munch Tracker — https://charity.munchtoken.com/ 

To read the Munch whitepaper — https://munchtoken.com/docs/munch-whitepaper.pdf 

Follow Munch of Twitter —  https://twitter.com/munchtoken

Join the official Telegram — https://t.me/munchtokencom 

Buy MUNCH on Uniswap — https://app.uniswap.org/#/swap?inputCurrency 

 

Media Contact Details

Contact Name: Bitcoin PR Buzz Press Team

Contact Email: [email protected]

 

Munch 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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Stratis’ InterFlux Protocol Adds Support for Ethereum, Hyperledger, DEXs & DeFi

Stratis’ InterFlux Protocol Adds Support for Ethereum, Hyperledger, DEXs & DeFi

Press Release: Blockchain as a Service (BaaS) platform Stratis’ support to private and public blockchain solutions, Ethereum and Hyperledger, opens the ecosystem to mainstream adoption by businesses.

 

24th March, 2021, London, United Kingdom –  Stratis is developed to help make blockchain services accessible for businesses worldwide. In pursuit of that aim, it now supports interoperability with Ethereum, allowing firms to tap into the ease of use provided by Stratis Technologies while reaching out to millions of Ethereum users. The launch of its wrapped token (wSTRAX) also brings in a boom for the DeFi sector. Locked in a 1:1 ratio with the Stratis’ native STRAX Token, platforms built on Ethereum can utilize wSTRAX in their DeFi products.

 

Stratis provides an Enterprise-Grade Blockchain Solution developed in C# on the Microsoft .NET Core Framework focusing on Modular Blockchain Solutions for Public and Private Blockchain Solutions. Stratis offers Blockchain-as-a-Service (BaaS) to remove the complexities associated with launching a decentralized chain. Industry-leading Infrastructure-as-a-Service (IaaS) providers are supported to enable rapid deployment of services. Stratis BaaS allows organizations to embark on Blockchain solution development without the expense of administering and hosting an environment.

Introducing InterFlux

Stratis is very aware of developments that have taken place within the public-blockchain space. This has become prevalent with the exponential growth of decentralized finance (DeFi) offerings such as UniSwap, Maker and Curve. This focus has led to the further development of Stratis’ interoperability solution. Stratis InterFlux will provide interoperability between the Stratis (STRAX) Blockchain and the Ethereum blockchain, bringing xETH to Stratis Blockchain Technologies and, importantly, wSTRAX to the Ethereum Blockchain. In a nutshell, Stratis InterFlux enables a seamless exchange of the STRAX Token to an equivalent Token on the Ethereum Blockchain, a token known as wSTRAX. 

 

The wSTRAX token will fully leverage recent developments within the DeFi domain, taking advantage of rich liquidity pools and decentralized lending protocols available through the Ethereum ecosystem.

Achieving Trustlessness

Stratis’ solution has been designed to remove any levels of centralization. The Stratis InterFlux Hub provides a mature set of locked-in Masternodes that autonomously process requests between two blockchains, resulting in a genuinely trustless exchange of STRAX Tokens to wSTRAX on the Ethereum Blockchain.

Stratis Continues Building on Success

The Stratis team has been immensely active in the last year, launching service after service. Most recently, the platform’s potential caught the eye of investment fund Alphabit, which committed an 8 figure sum towards the platform’s development over the next two years.

 

Stratis provides the only Blockchain platform that offers end-to-end Microsoft solutions, utilizing the .NET Core Framework. Organizations that solely develop their product offerings or internal line-of-business applications with Microsoft technologies can integrate and support with ease using the same development tooling. The platform has been designed with developers in mind, enabling existing .NET Developers to pick-up and become proficient within reduced periods. 

 

C# is a popular programming language used in the industry. Thus, Stratis’ support saves both time and money for companies worldwide that no longer need to reformat software for another programming language.

 

The STRAX token is already available on cryptocurrency exchange Binance. With its advanced features such as the InterFlux, Sidechains, SegWit support, a complete library of dApps and tools, Stratis gives companies  worldwide a chance to leverage the power of blockchain for their operations without having to learn immensely complex blockchain programming languages and architectures.

 

About Stratis

Stratis offers unprecedented levels of security, reliability and performance through leveraging blockchain. The platform’s native C# ecosystem enables businesses worldwide to utilize their existing IT infrastructure and tools to adopt blockchain technology by providing access to the Stratis blockchain’s features in a familiar language to the everyday developer.

 

  • Microsoft Focus: Stratis provides the only Blockchain platform that offers end-to-end Microsoft solutions, utilizing the .NET Core Framework
  • Stratis Identity: A decentralized KYC and AML check to make it easier for businesses to verify client identities and comply with regulations.
  • Supply Trust: A turnkey solution for supply chain management, providing complete visibility in a trustless and decentralized environment.
  • STO Platform: Regulation-compliant digital securities for businesses launching STO’s
  • Stratis Smart Contracts: Secure and auditable digital contracts that are developed in the industry-standard Microsoft C# language, fit for the DeFi age.

 

Now with InterFlux support, companies will be able to use the powerful and industry-friendly Stratis blockchain whilst still being able to tap into the largest DeFi markets on Ethereum.

 

Follow Stratis on Twitter – https://twitter.com/stratisplatform 

Join the Stratis Developer Academy – https://academy.stratisplatform.com/ 

Check out Stratis on GitHub – https://github.com/stratisproject 

Read the latest Stratis news – https://www.stratisplatform.com/news/ 

 

Media Contact Details

Contact Name: Bitcoin PR Buzz Press Team

Contact Email: [email protected] 

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.

Stratis 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.