ParallelChain has secured a $50 million financing commitment from crypto VC firm GEM Digital
The newly-secured capital will fund ParallelChain’s ecosystem development, including R&D and market expansion
The ParrallelChain Mainnet launch and the listing of the platform’s native XPLL token will take place in Q4 2022
ParallelChain aims to bring together centralized and decentralized finance
ParallelChain Lab, a blockchain company focused on bridging the divide between Web2 and Web3 services, has announced it reached a $50 million financing agreement with GEM Digital, a digital asset-focused venture capital firm.
The multi-million dollar deal, done as a token subscription facility, will allow ParallelChain to pursue growth and expansion opportunities more aggressively. According to the company, the funds will go toward vertical market expansion, funding R&D, and supporting dApp developers building on ParallelChain.
Founded in 2018, ParallelChain is a Proof-of-Stake (PoS) Layer 1 blockchain that relies on a multi-class validator design and a complex system of smart contracts to bridge the gap between centralized and decentralized finance (DeFi). The enterprise-grade platform is designed to facilitate the native coupling of public and private blockchains.
The other building block of the ecosystem is the permissioned ParallelChain Enterprise, which uses its patented Proof-of-Immutability (PoIM) technology to ensure transaction anonymity. This design makes it possible for transactions to be validated and for users to use blockchain in full confidentiality.
Ian Huang, CEO of ParallelChain, explained the company’s core mission in a statement:
“Our unique two-pronged layer-1 approach forms a conduit between public and private blockchains. This allows developers to select the most valuable features for any given use case. We see this solution as the answer to enterprises’ privacy and compliance demands while simultaneously addressing the need for scalability across many public applications, namely DeFi:”
According to the project’s roadmap, the ParrallelChain Mainnet launch and the listing of the platform’s native XPLL token will take place in the fourth quarter of 2022. According to the company’s documentation, ParallelChain will be capable of processing up to 80,000 transactions per second (TPS).
Unveiling multiple technological breakthroughs, SupraOracles is excited to announce its novel cross-chain oracle infrastructure enabling highly accurate, robust data porting across a multitude of blockchains and DLTs with only 3-5 second finality. Now, with over 550+ signed integration partners, they’re officially announcing the launch of their Alpha testnet as they progress towards mainnet in early 2023.
To jumpstart momentum, Supra has partnered with Dorahacks, the host of BNB Grants and BNB Global Hackathons, by sponsoring and providing its oracle service to over 4,000-5,000 developers worldwide. Developers interested in adding this new, institutional grade oracle to their Web3 toolkit are invited to apply to the Supra Network Activate Program: https://join.supraoracles.com/network-activation-program
Oracles play a key role in Web3 projects. Developers need oracles to securely connect their decentralized applications (dApps) with timely, accurate data originating from other blockchains or real-world sources. This opens up a world of use cases such as exotic derivatives backed by real-world assets, options markets, multi-lateral clearing and settlement across public blockchains and DLT networks, that otherwise are simply not feasible with incumbent oracles today.
Supra’s PhD driven research team, led by the renowned Dr. Aniket Kate, has prioritized a number of novel principles in their design that brings a new gold standard to how oracles should perform. The most crucial being security of the core data, decentralization of nodes and consensus, auditability of data provenance, and cost efficient, predictable budgeting for consumers.
With these innovations, Supra has received recognition from Web3 incubators like Mastercard’s Start Path program, Berkeley Blockchain Xcelerator, and Silicon Valley’s Plug and Play, which recently named Supra among their top 10 up-and-coming Web3 projects.
Supra is drawing near to the launch of their incentivized testnet in Q4, with a roadmap that includes activities for developers to begin their testing:
2022 Early October: Launch Data Dashboards, documentation for Ethereum, BNB Chain, Polygon, Avalanche, Aptos testnet chains
2022 Late October: Supra’s VRF service documentation
Node Operators interested in learning about Supra’s block rewards and incentivization programs are invited to join the Discord community to know more: https://discord.io/supraoracles.
SupraOracles CEO, Joshua Tobkin commented, “We’ve built oracles that will undoubtedly exceed the typical expectations of cross-chain solutions, and we’re proud to bring forth a world-class product to the industry to help blockchains do even more incredible things.”
About SupraOracles
SupraOracles is supercharging oracles for a better, decentralized future. Blockchains need better, faster, accurate, and more secure off-chain data. SupraOracles provides a next-generation cross-chain oracle solution so smart contracts and blockchain apps work better.
After 5+ years of research, and thousands of hours of R&D and simulations, SupraOracles’ revolutionary technical breakthrough helps solve the Oracle Dilemma while improving performance across the board. The team’s academic mindset forms the bedrock of the organization and reinforces their commitment to deep research and a rigorous scientific process in everything they design and build.
With celebrities, athletes, prominent artists, and creatives from all walks of life promoting and minting non-fungible tokens (NFTs), the technology has quickly skyrocketed from being an obscure thing talked about amongst crypto enthusiasts to being a mainstream topic of interest.
At this point, seeing an endless stream of digital collectibles reaching sky-high valuations, you’re probably wondering: “How do I go about creating my own NFT?”
Before answering this question, let’s first briefly explain what an NFT is, or better said, what can be an NFT.
What is an NFT?
In essence, NFTs are unique, non-replaceable digital assets that store ownership data on the blockchain. Sparing the technical details, NFTs are digital items that are not fungible, meaning they cannot be exchanged for something else at equivalency. Outside of the crypto realm, examples of non-fungible items include paintings, songs, diamonds, basically, everything that has unique qualities and cannot be traded at equivalency. This might sound confusing, but it becomes clearer when explaining what are fungible items, we promise.
Fungibility refers to a characteristic of items that are interchangeable with one another. Think of Bitcoin, for example – for all intents and purposes, every Bitcoin is the same as every other Bitcoin, meaning they can be exchanged with no complications, at equivalency. As the popular crypto adage goes – “1 BTC = 1 BTC”. Commodities, stocks, options, and money bills are some prominent examples of fungible items.
You can think of NFTs as an invention that serves to protect creators in an increasingly digital world, where virtually anyone can duplicate files and share them with others, with creators having little recourse to get the money they would have rightfully deserved for their work. NFTs make it possible for creators to claim ownership over their creations and earn royalties when they exchange hands.
With basic terminology out of the way, let’s examine what can be minted as an NFT.
What can be an NFT?
While it might sound like a bit of a cop-out, the imagination is virtually the only limit when it comes to answering, “What can be an NFT?” While it is easy to envision a world where insurance data, medical records, logistics documentation, notary documents, and more are stored securely on decentralized distributed ledgers, the reality is that we are not there yet. Not by a long shot.
Bored Ape Yacht Club (BAYC) is one of the most popular NFT collections. The Ethereum-based collection consists of profile pictures of cartoon apes that are generated by an algorithm.Image source: Yuga Labs LLC
In their current iteration, NFTs are digital assets that come mostly in the form of various forms of art, from digital illustrations to music, videos, in-game items, and alike. Most people think of abstract digital creations when thinking about NFTs, and with Beeple’s works and the Bored Ape Yacht Club reaching multi-million dollar valuations, it is easy to see why.
With so many options available, which NFT platform should I choose?
Granted, there are numerous answers to that question, with a growing number of digital asset platforms providing access to minting NFTs. However, if you value the ease of use and access to a lively marketplace of digital collectible collectors, sellers, and buyers, then Binance NFT Marketplace might just be the right choice for you.
Thanks to a recently redesigned user interface and a plethora of new features, creating an NFT collection on Binance, or minting a single NFT, is as easy as pie.
In the following sections, we’ll guide you through the process of minting your very own NFT collection.
How to mint an NFT collection on Binance
We’ve finally arrived at the meat and bones of this piece, which you are surely most interested in.
The first thing to consider when deciding to mint an NFT is to decide which blockchain should your digital creations be stored on. On Binance NFT, users can choose between two blockchain ecosystems, BNB Smart Chain and Ethereum. For the purposes of this guide, we’ll be using BSC, which is both a cheaper and faster option.
It is worth noting that you’ll need a blockchain wallet that supports BSC or the Ethereum network if you wish to move your NFTs off of Binance. Conversely, you can also choose to store your NFT on Binance NFT with no extra charge.
Decide what your NFT should be
What should your NFT collection consist of? Well, that’s entirely up to you. If you lack ideas, you could skip to a section below (“What makes an NFT successful?”) in which we talk about our subjective view of what separates successful from unsuccessful NFTs.
Create an NFT collection (step-by-step guide)
First, you’ll have to complete the identity verification and grow your Binance NFT user profile following to at least 2 followers. That shouldn’t be too hard, as you can invite your friends or family members to follow your profile or share a link to your profile on social media and increase your following that way.
If you want, you can click on the button below to follow along with our guide step-by-step.
On the Binance NFT homepage, click Create in the upper right corner. After that, you’ll be redirected to the NFT minting page.
Step 2
In the pop-up that appears, click +Collection to start minting your NFT collection.
Step 3
Fill out the required details about your NFT collection. Collection name, description, royalty fee, and similar information is required to proceed. Keep in mind that changing information about your collection is not possible once confirmed. Read more about the data requirements in Binance’s NFT minting FAQ article.
Step 4
In the pop-up, click Continue. This action will submit your collection for review. Keep in mind that creating a collection incurs a smart contract deployment fee of 0.10 ETH, or 0.03 BNB, depending on the blockchain you want to use (take a look at the “Are there any NFT-related fees I should be aware of?” section for more info). You will receive an email notifying you about the state of your application process.
Create an NFT (step-by-step guide)
With the NFT collection that can nest your NFTs created, you can proceed by filling it with digital collectibles. Follow the steps below to mint your very own NFT.
Step 1
Navigate to the Binance NFT Marketplace homepage and click Create.
Step 2
Accept Binance NFT Marketplace Terms and Conditions.
Step 3
Proceed by supplying details about your NFT, including name, network, and collection. You will be notified about the fee you are required to pay to mint the NFT.
Step 4
After clicking Create to upload your file and submit it for review, the automatic verification system will do its due diligence, and notify you when the NFT is ready.
Step 5
Once the review and minting are done, you will receive the NFT contract address and Token ID.
Put your NFT on the market
After completing the steps above, you can list your NFT on the Binance NFT Marketplace by clicking on the List NFT button.
Are there any NFT-related fees I should be aware of?
Yes, when using Binance NFT Marketplace, you will need to pay fees associated with trading, minting, and withdrawing NFTs. Here’s a quick look at the different fees you will be expected to pay when using the platform:
Minting Fee
The cost of minting an NFT on Binance. Depending on the blockchain you use, you’ll be expected to pay a fixed fee of 0.005 BNB when deploying NFT on BNB Smart Chain, and 0.001 ETH when using Ethereum.
Smart Contract Deployment Fee
The smart contract deployment fee is relevant for users that wish to create an NFT collection. The cost of deploying a collection on BSC is approx. 0.03 BNB, and on Ethereum roughly 0.10 ETH.
Deposit Fee
The deposit fee is associated with putting external NFTs on Binance. The cost is subject to gas fees on the blockchain network you want to use at the time of transfer.
Platform Fee
Binance charges a flat 1% fee when a sale of an NFT occurs on its non-fungible-token platform.
Withdrawal Fee
The withdrawal fee is subject to the same external factors as the deposit fee, namely the gas fee on the blockchain network you are using. It is worth noting that the withdrawal fee is paid to network operators and not to Binance itself.
Royalty Fee
Contrary to other fees in the list, royalty fee refers to the share of proceeds creators receive when their NFT is sold. The fee is capped at 10% at the high end and 1% at the low end.
What makes an NFT successful?
We can’t outright tell you what NFT collectors will find attractive. However, looking at some of the most successful NFT collections, at least in terms of trading volume, it becomes evident that what they have in common is a combination of robust lore and/or name recognition.
That doesn’t mean that lesser-known artists or individuals with unique ideas can’t hope to create successful NFT projections, it just means that they have a harder time creating the market buzz necessary for their NFTs to reach high valuations.
Final thoughts
Binance NFT Marketplace is a great choice for users who are searching for an easy-to-use platform to make their foray into the digital collectibles space. Hopefully, this article helped clarify the crucial information regarding non-fungible tokens and successfully explained how the process of minting NFTs on Binance works.
The crypto market is an arena where price predictions reign supreme. Investors and traders are always trying to predict the prices of tokens in the hopes of getting in early and benefiting from a surge in price. As the crypto winter is in full gear, it has become harder for investors to predict how the market will turn and what token prices will be. This is why it is important for users to thoroughly research projects before investing in them. With the right research approach, investors can discover the projects worth purchasing and those that are not. When examining a project, investors should research key areas: the use cases, developer community, tokenomics, and fundamentals.
To get ahead in this crypto winter, you need to search for projects with low prices but have the potential to reach big highs in the following market cycle. Polkadot (DOT), Algorand (ALGO), and Big Eyes Coin (BIG) are three crypto tokens that will surpass their crypto winter price predictions. To know more about why these tokens are a good buy, read our breakdown below.
Polkadot (DOT) – The Multi-Chain Protocol
Polkadot (DOT) is a multi-chain protocol. It is built and designed to connect and secure blockchains in the crypto ecosystem. The Polkadot blockchain will also facilitate data transfer across multiple blockchains without losing any data. In addition, it will be interoperable and stable for users to use for the long term. Polkadot supports transferring all types of blockchain data and is not limited to tokens. All the blockchain data transmitted via the Polkadot network are secured from hacks and exploits. Polkadot wants to be the infrastructure layer of the decentralized and new internet- Web3.
Polkadot is a Zero-layer protocol that links layer 1 blockchains together while maintaining interoperability and security. The Polkadot protocol updates its codebase without using forks. These updates are based on votes passed by the Polkadot community. Polkadot’s native token is DOT, and Polkadot will change the way that developers build crypto projects.
Algorand (ALGO) – Bridging Blockchains together
Algorand (ALGO) is a layer 1 blockchain launched in 2019 after ICO. The decentralized blockchain is built to be secure, scalable, and self-sustaining. Algorand has a fast throughput that allows users to perform 1 million daily transactions. The ALGO token has numerous real-world use cases.
Algorand runs a permissionless Proof of Stake consensus mechanism that boosts transaction speeds and is faster and cheaper than most L1 (Layer One) blockchains. Algorand has an EVM bridge, making it fully compatible with the Ethereum (ETH) blockchain. Furthermore, the blockchain would allow DEFI users to transact cheaply and attract liquidity to keep users engaged.
Presenting Big Eyes Coin (BIG)
Big Eyes Coin (BIG) is a crypto project that aims to improve how users access DeFi projects. The project will funnel liquidity into the DeFi ecosystem through its token. It also aims to increase the security of the DeFi ecosystem and reduce the barrier to entry. Big Eyes Coin is a breakthrough project that will give many developers and users value in the DeFi ecosystem. If you missed out on the Tamadoge presale, this is one project you do not want to miss out on. It promises to be the next big thing, and there is a lot of hype surrounding the presale. The project has already raised over $1 million in its presale and is looking to raise more.
Big Eyes Coin will change how users interact with DeFi and DeFi protocols. Join this project on the ground floor and earn bonuses from purchasing Big Eyes Coin tokens. Invite friends to earn bonuses when purchasing Big Eyes Coin tokens. The second stage of the Big Eyes Coin presale is ending soon, and prices will rise 25%. Do not miss this opportunity.
To find out more about Big Eyes Coin (BIG), visit the links below:
The cryptocurrency community is starting to appreciate Big Eyes’ tactical efforts to establish itself as the most significant meme coin available. When Big Eyes (BIG) announced its $250k giveaway, blockchain experts were shocked to see a sizable percentage of Avalanche (AVAX) and Tamadoge (TAMA) investors embrace the opportunity.
It’s difficult to contest Big Eyes’ capacity to dominate the meme currency market given that the first presale collected over $2 million as well as donated several gifts to charitable organizations – including $1000 to Luna Children.
In this article, we will go over the reasons why Big Eyes (BIG) might be the best meme coin for long-term cryptocurrency investments.
Avalanche (AVAX)
The Avalanche (AVAX) coin is the native currency of Avalanche (AVAX), an open-source platform designed to construct decentralized applications and business blockchains. These are executed in a single interoperable environment that is scalable and of high quality. Users’ staked Avalanche (AVAX) tokens provide scalability, safety, and smart contract execution through the Proof-of-Stake (PoS) mechanism.
Owners and users of Avalanche (AVAX) tokens benefit from the network’s ability to execute over 4,500 payments per second and complete payments in less than two seconds. Avalanche (AVAX) coins total 720 million, with a total supply of around 250 million tokens.
The network was developed to enable anyone to participate in the financial revolution triggered by cryptocurrencies. The breakthrough consensus of Avalanche allows for unprecedented decentralization, letting anyone create bespoke assets and programs tailored to specific interests.
Developers may profit from a blockchain with great scalability and minimal transaction costs that also combines energy efficiency and robustness. Using Avalanche’s C-Chain, dApps from the Ethereum Network may be easily ported across. Avalanche is made up of thousands of subnets, which allows for high-throughput interoperability between many blockchains.
Tamadoge (TAMA)
According to several analysts, Tamadoge (TAMA) is the second-most promising new meme coin after Big Eyes (BIG). In contrast to other meme coins, Tamadoge (TAMA) offers holders a variety of advantages. For instance, Tamadoge (TAMA) NFTs have amazing 3D animation. This is an avatar that can communicate with characters in different metaverses.
Users can explore appropriate platforms in numerous metaverses with their 3D characters. The idea has various advantages linked to cryptocurrencies. The metaverse, NFTs, P2E gaming platforms, and cryptocurrency investments are all combined.
The sole objective of players in the Tamaverse (the game’s metaverse) is to teach their Tama pets to battle. Gamers acquire those creatures as infants since each of them is a unique NFT. They then use these pets to battle one another for the chance to win exciting rewards.
The presale closes with the ninth phase, according to the company, and the coin is offered for a very high price. Investors are baffled by the present price of the Tamadoge coin, which is more expensive yet has a lower chance of success than Big Eyes (BIG).
Even more intriguing, Big Eyes (BIG), a meme coin, unites all meme coin supporters by announcing a 250,000-dollar giveaway to cryptocurrency enthusiasts driven to increase their income. To participate and win, keep reading to learn how.
Big Eyes Coin (BIG)
Big Eyes Coin (BIG) is a newbie to the cryptocurrency market on a mission to dethrone well-known names such as Shiba Inu (SHIB) and Dogecoin (DOGE). It is a new meme currency that aims to help the community grow. The meme currency’s centerpiece is a cat with large eyes bred by a scientist couple that worked at NASA until their untimely accidental death. Following that, he embarked on a global ship voyage to discover more about how the oceans worked.
He was thrown overboard during a fierce storm, but a huge whale rescued him. This whale rescued him and carried him to Japan. There, he discovered his calling: to safeguard the oceans using the Zazen meditation technique.
Big Eyes Coin (BIG) aims to build a large and active user base on worldwide basis. However, rather than being there for fun, it will promote a variety of charity causes. Big Eyes Coin (BIG) will prioritize organizations by putting 5% of all Big Eyes tokens in a charity wallet.
With this competition, the project has begun to fulfill its promise. Big Eyes (BIG) has decided to give away $250 000 to 10 lucky people as a way of saying “thank you” for supporting the community and believing in cryptocurrencies.
As a community-driven project, Big Eyes Coin (BIG) is taking advantage of this occasion to thank both seasoned and new members of the cryptocurrency community. Quickly, click the link to redeem this gift.
The Blockchain gaming sector has been steadily increasing in growth, popularity, and acceptance, prompting more crypto projects to launch in the sector. Based on predictions, the sector is poised to experience a boom in the near future, making gaming crypto assets a must-have.
With the current state of the market and future predictions by analysts, Moshnake (MSH) could be a great purchase in the long run. The altcoin is on presale and has great prospects in a bull market. We look into it alongside Decentraland (MANA) below.
Decentraland (MANA)
Decentraland (MANA) is a one-stop virtual world built on the Ethereum Blockchain. The self-named “Virtual destination for digital assets” allows you to create, explore, trade, and monetize digital assets, such as games, DApps, NFTs, avatar wearables, or LAND — a part of the metaverse.
LAND is the non-fungible token (NFT) of virtual space. Owners build estates or other virtual assets on their land to sell or lease to earn for MANA which is the platform’s official currency. MANA is used for trading in the Decentraland marketplace and gives users voting rights. It is also used to purchase LAND on the virtual space.
Decentraland (MANA) is a closely monitored crypto asset with over 900K+ inclusions on crypto enthusiasts’ watchlists. Currently, The cryptocurrency boasts over $1.3 billion in market capitalization, ranking it amongst the top 40 on the coin market. It has an all-time high of over $5 after a great bull run in 2021.
Decemtraland (MANA) has failed to replicate such a run this year due to bear market conditions. However, crypto enthusiasts are optimistic about a price increase when the market stabilizes.
Moshnake (MSH)
Moshnake (MSH) is a presale token that has earned itself comparisons with some of the top P2E tokens in the market due to its promising prospect and strides in a short while. The crypto asset is equipped with features that make analysts believe it has a high potential for market success. Moshnake improves on the mobile snake classic game, integrating it into the Blockchain ecosystem and leveraging NFTs.
It promises to trigger sweet memories of the past while playing while rewarding you for your time. Moshnake provides all-round benefits to users, and this increases its adoption potential. The NFT game can be played by kids and adults and has no financial restrictions. It requires specialized skills to learn how to play, and the gameplay is direct and simple.
Moshnake has two tokens, both of which are essential in gameplay. The Moshnake token is used to purchase the NFT for playing the game, while the other token, VENOM (VEN), pays the entry fees and governs the in-game activities. The blockchain-built play-to-earn game leverages the features of the BNB smart chain network to ensure swiftness and cost-effectiveness, making it better than most existing P2Es in the crypto market.
Moshnake is community-focused, and this will contribute to its improved adoption and perceived market success in the long run. Hence, developers will ensure community support and activeness are incentivized to keep community members committed. Moshnake is one of the crypto assets currently having a good presale, and you should be a part of it. Join here now to make the most of an early entry and find out more below:
The cryptocurrency industry saw a massive uptick in 2021 thanks to everything from NFTs to DeFis tokens, DApps, crypto exchange platforms, and anything connected to cryptocurrencies and blockchain technology. However, one of the crucial cryptocurrency projects that had the most significant impact on the crypto market is NFTs.
Moshnake (MSH) is a new play-to-earn token full of surprises. If you’re looking for the best investment options for the future, then you should consider these three: Litecoin (LTC), Fantom (FTM), and Moshnake (MSH). Here’s why.
Litecoin (LTC) was developed in 2011 as a fork from Bitcoin (BTC) blockchain. It was initially created to ease the developer’s worries that Bitcoin was becoming more centralized and to make it harder for large-scale mining companies to dominate the mining process. One of the original goals of Litecoin (LTC) was to prevent large-scale miners from taking over the mining process by employing a different encryption technique.
Litecoin (LTC) uses encryption to permit ownership and exchange. Additionally, Litecoin can be used to pay for products and services through payment processors that enable retailers to accept bitcoin and other cryptocurrencies.
Don’t Be Scared Of Fantom (FTM)
Fantom (FTM) is a DAG-based (Directed Acyclic Graph) smart contract platform for decentralized applications (DApps). Fantom (FTM) is an open-source, decentralized, highly scalable platform for creating crypto DApps. A DAG’s networks consist of vertices and edges for data modeling and structuring, unlike blockchains that contain blocks. Fantom (FTM) was developed to overcome the drawbacks of earlier blockchain platforms like Bitcoin and Ethereum, particularly the slow transaction times. FTM is the native token of the Fantom network and can be used to secure the network for validator compensation and governance-related tasks.
Scalability is not a priority when designing traditional blockchain systems; instead, security and decentralization are given top priority. For instance, a transaction on the Bitcoin network may take ten to fifteen minutes to complete. By using a leaderless proof-of-stake (PoS) protocol to secure the network, the Fantom team hopes to close this gap (i.e., the blockchain does not compromise security or decentralization). Additionally, a transaction on the FTM network completes in 1-2 seconds.
Meet Moshnake (MSH)
Moshnake is a new NFT project set to soar on the crypto market. The Moshnake token ($MSH) is the ecosystem’s native currency. The token is built on the Binance Smart Chain smart contracts, and a Decentralized Autonomous Organization (DAO) governs its activities. Moshnake (MSH) is likely to be successful because it possesses several positive traits and isn’t just dependent on hype.
The play-to-earn NFT game, Moshnake (MSH), is based on the well-known Snake game. In the early days of the internet, many individuals still vividly remember playing this famous game on their Nokia phones. With its simple yet rewarding game mechanics, this game dominated the mobile gaming market and captured the attention of the entire generation. With the help of Moshnake (MSH), users can relive their golden years while anonymously making money. Each player in the game will be able to control their own Moshnake NFT, which they may feed with various sorts of eggs and in-game NFT goodies to use against other players in a combat royale arena.
Meme coins are crypto-assets created based on popular memes or jokes on the internet. Since the COVID-19 era, meme coins have become integral to the coin market.
The first meme coin, Dogecoin (DOGE), and its close rival, Shiba Inu (SHIB), are dog-themed meme coins. These tokens have experienced a massive price explosion in recent years. Many dog-themed meme coins have been created.
Rocketize (JATO) is a new meme coin. Unlike Dogecoin (DOGE) and Shiba Inu (SHIB), the Rocketize (JATO) meme coin is not dog-themed. What is the Rocketize (JATO) meme coin?
Roketize (JATO) Meme Coin
Rocketize (JATO) is a crypto asset hosted on the Binance Smart Chain network. This blockchain is known for its high scalability and throughput.
Other features offered on the Binance Smart Chain include;
Swift transaction process: The Binance Smart Chain offers swift transactions. This is mainly due to its speedy transaction validation processes.
Reduced transaction fees: The Binance Smart Chain allows the Rocketize (JATO) platform to offer low transaction fees on its transactions.
Security: The Binance Smart Chain network is a well-established blockchain. They have tight security protocols. The Rocketize (JATO) platform will use these features and offer its users a secured trading environment.
Interoperability: The Binance Smart Chain can interact freely with the Ethereum (ETH) blockchain and other blockchains within the coin market.
The Rocketize (JATO) crypto community is massive. This crypto community is known as Atomic Nation. Rocketize (JATO) innovators intend to expand this community. This community will bring significant upgrades to the Rocketize (JATO) platform.
This community will be maintained using various social media platforms. Twitter spaces, podcasts, and voice chats will facilitate creating and sharing memes. They can be graphics, animations, videos, or other graphics.
The Rocketize (JATO) platform issues its native token. This has JATO as the ticker symbol. The JATO token will allow users to interact with the metaverse. JATO holders can create, mint, and upload their Non-Fungible Tokens on global NFT marketplaces.
We will now compare the Rocketize (JATO) token, Floki Inu (FLOKI), and Vita Inu (VINU).
Rocketize (JATO) token versus Floki Inu (FLOKI) and Vita Inu (VINU)
The Floki Inu (FLOKI) and Vita Inu (VINU) are meme coins. These meme coins have successfully become well established within the coin market.
The Floki Inu (FLOKI) project was named after Elon Musk’s Shiba Inu dog. This is an ERC-20 dog-themed meme coin. Besides Ethereum, FLOKI tokens can also be found on Binance Smart Chain.
The Floki Inu (FLOKI) token offers real-world utilities to its users. It can be used for online transactions. There are over 1500 online stores accepting payment using the Floki Inu (FLOKI) token.
The Floki Inu (FLOKI) token is also compatible with the metaverse. FLOKI token holders can create and trade Non-fungible tokens across major NFT marketplaces.
The Vita Inu (VINU)
The Vita Inu (VINU) platform offers users a fee-free transaction platform. In other words, users will not be charged additional fees for using the platform.
The Vita Inu (VINU) platform provides a user-friendly interface for members to interface with virtual reality technology. VINU holders can play games, socialize and build their custom virtual space within the VINU ecosystem.
The Vita Inu (VINU) coin, VINU, is a fast-rising dog-themed meme coin. It is hosted on the Vita DAG network. This coin is the governance token for the platform.
Another fantastic feature of the Vita Inu (VINU) ecosystem is VinuSwap. This is its native decentralized exchange platform. The VinuSwap allows users to exchange their tokens. Users can act as liquidity providers and earn rewards.
The Floki Inu (FLOKI) and Vita Inu (VINU) platforms are among the numerous dog-themed meme coins in the coin market. The Rocketize (JATO) platform promises to support space travel. The token’s value is speculated to go “to the moon.”
Conclusion
The Rocketize (JATO) token is new to the coin market. The project still has hidden potential. Once fully launched, its value will rally. This exponential growth will be seen in the price of its token. The JATO token presale will commence. Prepare to participate and purchase the presale.
Global financial technology firm Nasdaq has launched Nasdaq Digital Assets, a new business dedicated exclusively to crypto assets
Nasdaq Digital Assets will initially focus on providing crypto-related custody and security services
According to the company, the launch of Nasdaq Digital Assets comes in response to investors’ growing demand for crypto products and services
US stock exchange giant launches crypto-oriented business called Nasdaq Digital Assets
Nasdaq, one of the leading financial firms and the owner and operator of 10 stock exchanges in the US and Europe, has announced the launch of Nasdaq Digital Assets, a new business designed to facilitate digital assets trading and custody.
Speaking about the launch, Nasdaq president and CEO Adena Friedman noted that the digital assets technology “has the potential to transform markets over the long-term,” which is why the financial company will focus on providing “institutional-grade solutions that bring greater liquidity, integrity, and transparency to support the evolution.”
An excerpt from Tuesday’s press release reads:
“The launch underpins Nasdaq’s ambition to advance and help facilitate broader institutional participation in digital assets by providing trusted and institutional-grade solutions, focused on enhanced custody, liquidity and integrity.”
Nasdaq Digital Assets builds upon the company’s existing portfolio of crypto-oriented products and services, including a digital assets marketplace, crypto anti-crime offerings, and crypto index solutions. Initially, the newly-launched business will be focusing on an “advanced custody solution,” using a combination of hot and cold blockchain wallets.
Executive Vice President and Head of North American Markets at Nasdaq, Tal Cohen, explained in a statement that the launch of a purely crypto-oriented business is a result of growing institutional investor demand. “Nasdaq is well-positioned to accelerate broader adoption and drive sustainable growth [of digital assets],” explained Cohen.
In conjunction with the launch of Nasdaq Digital Assets, the company has also announced an overhaul of its anti-financial crime technology for digital assets. Per a recent Chainalysis report, crypto-powered money laundering hit $8.6 billion in 2021, which was 30% higher than in 2020.
