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  • BinaryX Releases RhinoX Whitepaper Detailing New Key Features of its Ecosystem

    BinaryX Releases RhinoX Whitepaper Detailing New Key Features of its Ecosystem

    Singapore, Singapore, 2nd August, 2022, Chainwire

    BinaryX, a leading P2E game development company, has released the official whitepaper for Rh!noX, a collection of 10,000 NFTs enabling holders to use their assets as avatars on various GameFi and DeFi applications on the BNB Chain.

    The Rh!noX NFT series gets its inspiration from Soulbound items in the World of Warcraft game and aims to be the first-ever Soulbound Token on the BNB chain. Moreover, the collection links the holders’ NFTs to their interactions, thus developing them into unique assets. Above all, it provides them with numerous perks, such as access to beta tests for games, NFT whitelists, projects, new tokens on BNB Chain, and more. The team spent several months improving the project’s vision and roadmap, now available in a new and enhanced whitepaper. For the first time, readers can explore the full functionality of Web3.0 and understand the underlying mechanisms, possibilities, and features of Rh!noX. Here’s a short summary:

    The Rh!noX Soulbound Token Analytic System

    This feature will calculate the credit score of a wallet depending on its owned amounts and trading history. It works similarly to a credit card company’s standard credit calculation system. Simply put, it determines the perks a user is eligible for, depending on his creditworthiness.

    The system will categorize Rh!noX owners into different tiers with distinct benefits. For example, members of the highest tier will enjoy more perks than those in the levels below, with the number and quality of perks decreasing with each tier.

    A good credit score will reward NFT holders with numerous advantages, such as:

    ● VIP treatment

    ● Exclusive Airdrops

    ● Airdrops from different projects

    ● Closed-beta entry/Early access to DeFi project/Whitelist Slot

    ● Discounts on processing fee

    ● Unsecured Loan ($RUSD)

    The latter is a loan that doesn’t require collateral. Also, the maximum amount a user can request depends on their credit rating. The initial fund for the unsecured loan will come from Rh!noX Treasury and represents the income from selling Rh!noX NFTs. Lastly, the loan amount will affect the interest rate and will be collected in $RUSD.

    Trading Rh!noX NFTs will not impact the credit rating of their respective owners. Furthermore, the accumulated credit score is connected to an Rh!noX NFT and could be transferred to another user.

    Multidimensional Behavior Analysis Model

    The system has an in-built cohesive analysis model studying the NFT owner’s characteristics, personality, and reliability. To reach this conclusion, the system will consider the wallet’s address and interactions, such as:

    ● Trading History

    ● On-chain Behavior

    ● Project Preferences

    ● Asset Portfolio

    ● Liability Status

    ● Attended Campaigns & Events

    ● Airdrops History

    Ultimately, this list will expand to include more factors without sacrificing the anonymity of web3.0 technology. Here is a use case of this analysis model.

    Rh!Drop

    With Rh!Drop, developers can target on-chain users depending on asset values, interests, trading styles, credit ratings, etc. This feature will be an on-chain airdrop targeting service and the primary tool for on-chain project developers. For example, they can use it to deliver airdrops to target receivers matching specific criteria. To better understand the idea, think about Google Ads. Google Ads distributes customized advertisements to selected users based on their past behaviors on the internet. 

    The suitable ads will be served to the right target audience. Rh!noX works similarly. In simple terms, this does not only benefit project owners but also every user on Web3. Project owners & developers could improve their project awareness and expand their communities easily after identifying the right audience for their projects. At the same time, common users would enjoy the airdrops from different projects or even early information without having to do any additional tasks as long as their overall credibility and ‘personal profile’ are good.

    Sociality of Rh!noX NFT

    The project also comes with various social features, such as:

    Social Identity

    Rh!noX Official will verify the individuals’ background. Also, it will allow users to identify the other person’s trustability depending on the data the Soulbound Token collects. This way, future Web3.0 users can visit the profile of a wallet address and identify essential details, such as capital level, project preferences, active areas, trading style, etc. This tool also eliminates fake IDs, false claims over assets, and more. Its level of transparency will be accessible to everyone. For instance, if a user has more than 10,000 $BTC in a wallet, it will receive the “BTC Whale” title, which should tell developers everything they need to know about this individual.

    Rh!neT

    This feature will operate like a web3.0 networking platform, enabling users to check someone’s profile, social status, social network, send instant messages, etc. Its main goal is to help users connect and build a community on transparency, credibility, and high-quality identity.

    About Rh!noX

    Team Rh!noX has extensive experience in the blockchain industry, traditional game development, and game publishing (learn more about BinaryX). The core team members are from Silicon Valley and participated in the development of the early BNB Chain and Polkadot chain and have made outstanding contributions to the development of the industry.  

    One thing worth mentioning is that before entering the blockchain industry, the team worked in the financial services industry, that’s providing loans, mortgages, and wealth management services for many years. Backed by this unique experience, Team Rh!noX fully understands every financial feature of NFT and lays a good foundation for the real-life application of Rh!noX NFT. Team Rh!noX holds a firm conviction that there is a huge and undiscovered space for what NFTs could become and that NFTs should have more than just showing artistic value and signaling wealth.

    It was when the team couldn’t stop questioning themselves: What if NFTs could work as certificates? What if NFTs could represent one’s credibility? What if NFTs could work like a Digital Mastercard? What if Rh!noX could build the foundation of social relationships of trust? By solving these questions and putting these ideas together, a wider door will be opened to blockchains, and the ecosystem will become more than just about money, but trustable and fun to stay in. Despite the bearish market, the team believes it is the right time to develop and expand the project to benefit its users. To this end, they added new members and planned future collaborations with other projects to increase the practicality of the Rh!noX ecosystem and beyond. As a result, Rh!noX stands out from the growing crowd of NFT projects, which often lack utility and long-term sustainability. Rh!noX’s utilities aim to cover the entire Web3.0 in the future, not just on the BNB Chain, as it’s the only way to maximize the functionality of Soulbound NFT. 

    Up to this day, Rh!noX has achieved the following achievements after its first auction sale:

    Rh!nox: Sold out in Dutch Auction

    • Sold out 10000 units at 9BNX in 4 hours

    Rh!nox: Most-traded NFT Collections On Binance NFT Marketplace

    • Listed in June and achieved $1.5m trade volume in the last 7D

    For more information about Rh!noX visit: 

    Website | Twitter | Medium | Discord

    Contacts
    • Chun B
    • marketing@binaryx.pro
  • How To Survive A Crypto Bear Market

    How To Survive A Crypto Bear Market

    It’s no secret we’re in the middle of a cryptocurrency bear market. Anyone who’s still clutching to their coins has seen their portfolio nosedive double digits in the past few months. But now is not the time to “take your ball and go home.” No, it’s the time to set yourself up for the next bull market — wherever that may be.

    You can make several moves right now to capitalize on the discounted prices on Bitcoin, Ethereum, and any other altcoin you’re into. No, need to bank on hitting a jackpot at a Las Vegas casino and sportsbook to make up your 2022 losses. No, no, just follow these next rules and you’ll be prospering when the bulls retake control of the market. 

    During June of 2022, Bitcoin recorded its worst-performing month in history. It lost more than 38% of its value during the month.
    Image courtesy of CNBC

    Build Cash Flow Aggressively 

    Priority number-one for you is to build up your cash flow — e.g. not only how much money you make, but more importantly, how much you SAVE. The reason is simple enough: the more money you can dedicate to crypto investing, the more assets you’ll be able to accumulate. With the current prices of coins, there’s a TON of bargains market-wide.

    Obviously, we know this is a tough rule to follow with inflation peaking worldwide. While you can save money here and there by deciding to cook at home rather than eat out, you’ll be able to build cash flow more easily by getting a “side hustle.” The Internet has made making money on the side (after work) easier than ever. Hone in an online skill — marketing, teaching, data entry, etc. — and sell your services online to earn extra spending funds.  

    Research Coins & Projects

    Once you have the extra spend, you’ll have to decide where to disburse that — stick to the tried-and-true Bitcoin? Is a new Layer 1 on the horizon that’s super scalable? Is there a new web3 project riding the metaverse macro-trend with huge potential? Ideally, you need to be asking yourself all these questions, plus more, to figure out where your funds should be allocated to. 

    And by research, ideally, that’s independent. If this year has taught you anything, it’s that there’s a lot of FUD in the market — many of which are peddled by “thought leaders” and”influencers” being paid to shill coins or projects. Look no further than Bitcoin maxis promoting centralized platforms like BlockFi despite self-custody being the hallmark feature of crypto. The lesson? Form your own opinion. 

    Dollar Cost Average

    Once you know what you want to purchase, you’ll want to dollar-cost-average buys. Every month or week, have a set day where you buy coins regardless if the market is pumping or dumping. This consistency will be rewarded when the bull market returns. 

    The reality is no one can “time” the bottom. It doesn’t matter what any technical analysis chart says, no one and nothing can accurately predict the lowest price an asset will go. It’s never good to be greedy in investing — and right now, prices are already distressed enough. It doesn’t need to go “lower” for you to profit off of. 

    Self-Custody

    We alluded to this before, but we’ll repeat ourselves: self-custody is what ultimately separates cryptocurrency from fiat. If you own your coins, NO ONE can take them away from you if secured properly. And guess what? If your coins are sitting on centralized platforms — BlockFi, Binance, Coinbase, etc. — then they’re not truly yours!  

    Invest in a wallet to store your coins, whether it’s cold or hot storage. As you saw with Celsius and Voyager’s recent bankruptcies, if a platform goes under, your coins go down with them. You avoid this if coins are stored in your own wallet and not centralized services.  

    Voyager was one centralized exchange that went bankrupt this cycle. Users who held their crypto on the platform are not expected to receive back their coins or money.
    Image courtesy of Vice

    Stay Patient

    Last but not least, STAY PATIENT. This bear market could last six more months, maybe 18, heck even 36 months — no one knows for sure. History says the crypto market will reheat near the next Bitcoin halving event (early 2024), but things can change. There’s different macro conditions — possible global recession and food shortages — this time around that can change crypto’s trajectory. All you can really do is wait, prepare, and accumulate assets in the meantime. 

  • Open Loot Announces partnership with Hit Factor’s War Park

    Open Loot Announces partnership with Hit Factor’s War Park

    San Diego, CA, 1st August, 2022, Chainwire

    OPEN LOOT Ltd (OL) by BIG TIME Studios (LTD) is excited to announce one of our first partners, HIT FACTOR Ltd. (HF), as they unveil their newest game, War Park. War Park is a fast-paced action shooter filled with explosive multiplayer tank combat and is bound to surprise and delight our community. Join Hit Factor’s  War Park Discord, where their team will be on hand to answer any questions, chat about the project, and celebrate the launch of their Twitter and community channels!

    HF is a game developer founded by seasoned industry veterans who have held key roles at Zynga, Kongregate, NCSOFT, and Riot Games, overseeing products and companies that have entertained tens of millions of players across the world and delivered over $1 billion in revenue.

    HF is excited to announce they are currently working on War Park – Roll Out!. In War Park, players start by forming Armored Divisions, building tanks and gear together, and then heading into battle to fight with other players. In battle, players can work tactically together to combat enemy tanks, collect rewards, and use those rewards back at their Base of Operations.

    On base, players can manufacture tanks using the Vehicle Assembly Building, and create powerful weapons and hybrid tank gear through the Base Development Lab. All of which can be stored in the Base Vault for other players to use in battle.

    Players can participate in pitched battles of up to 64 tanks with a variety of tank classes such as Assault, Scout, Support, and Artillery. Using their Base, players can add on gear to customize their play styles. Players can participate with a minimum of 4 tanks per team in classic game modes such as Deathmatch, Capture The Flag, King of the Hill, Domination, and special PVE events.

    HF aims to build collaborative experiences on the blockchain. With an extensive calendar of events such as Armored Conflict (Clan vs. Clan), weekly, monthly and quarterly tournaments, and server-wide World Wars, War Park has a  dynamic meta in its sights. The engine itself is proprietary and deterministic, allowing for additional game modes and eSports compatibility. Leveraging OL, they will be able to provide their players with ownership of assets within the game and are planning to announce their token strategy soon.

    This is just a first glance at Open Loot partners, and we hope the community is as excited as we are!

    About Hit Factor

    Hit Factor is composed of industry veterans and lifelong gamers from across the mobile, PC, and console spaces. Fully utilizing its members’ decades of experience within the industry, and a “Games First” mentality, the Hit Factor team is excited to blend its experience in production, engineering, design, and community to deliver the best in community-driven multiplayer games empowering the imagination of our players and unlocking the creativity of the modern gamer.

    Contacts

    Chief Business Officer

    • Matt Read
    • Hit Factor
    • pr@hitfactor.com
  • ‘Sirius’ token Launches on Bittrex, Unlocks Liquidity Baking on Tezos

    ‘Sirius’ token Launches on Bittrex, Unlocks Liquidity Baking on Tezos

    Luxembourg, LU, 1st August, 2022, Chainwire

    Today, one of the most popular digital exchanges in the world, Bittrex Global, announced that the exchange is now offering the Sirius token ($SIRS), native token to the Tezos ecosystem a token that empowers users to automatically participate in liquidity baking, a decentralized liquidity pool between tez and tzBTC incentivized at the protocol level. The announcement follows an exploratory period conducted by Bittrex since February 2022, which analyzed the potential integration and listing of FA1.2 and FA2 tokens on Tezos.

    The Sirius token now provides the fastest way to actively participate in liquidity baking on Tezos – with a $SIRS token purchase, buyers can own a portion of stake in the Tezos liquidity baking pool. Liquidity baking is a type of DeFi trading strategy in which participants pledge assets in support of a decentralized protocol or application.

    With traditional DeFi yield farming, one may be rewarded with the native token of a DeFi application, which links potential rewards to the success of a centralized platform. With the introduction of the Sirius token, a user is rewarded with tez (XTZ), the native token of the Tezos blockchain, allowing for participants to interact with and provide liquidity to the Tezos blockchain, and receive rewards in its native tez token.

    Previously, depositing tez and minting tzBTC into the liquidity pool required multiple steps to facilitate a transaction. Now, earning liquidity baking rewards in the Tezos ecosystem is achieved by purchasing $SIRS directly through Bittrex Global.

    In July 2022, Bittrex Global announced the tzBTC, which delivers the power of Bitcoin as a token on the Tezos blockchain. The tzBTC token can be used in smart contracts and is part of the liquidity baking CPMM.

    Tezos, a pioneer of Proof of Stake technology, is one of the original layer one blockchain networks to use staking to secure its network. These features provide assurance and predictability for brands and institutions that are expanding into decentralized financial markets.

    The Tezos ecosystem is a diverse, vibrant community that is home to promising DeFi applications like yield farming protocol Youves and decentralized exchange and EVM bridge Plenty, and major brands such as Manchester United, McLaren Racing, Team Vitality, The Gap, and more.  

    For more information about the Sirius token, click here.

    To learn more about Tezos, click here.

    To learn more about Bittrex Global, click here.

    ###

    About Tezos

    Tezos is smart money, redefining what it means to hold and exchange value in a digitally connected world. A self-upgradable and energy-efficient Proof of Stake blockchain with a proven track record, Tezos seamlessly adopts tomorrow’s innovations without network disruptions today. For more information, please visit www.tezos.com.

    About Bittrex Global 

    Bittrex Global, the most secure digital asset exchange in the world, serves both retail and institutional clients, globally. Committed to helping users build wealth, Bittrex Global facilitates the purchase and trade of over 250 tokens. Through its use of cutting-edge technology, advanced security protocols, and a sophisticated elastic multi-stage wallet strategy the company provides a high-level experience for professional and novice customers alike. Bittrex Global is a key player in driving widespread adoption of secure and decentralized methods to building wealth while remaining compliant and adhering to the wide array of regulatory measures across the globe.

    Contacts
    • Dan Horowitz
    • pr@marketacross.com
  • MasRelic – DeFi and Synthetic Real Estate Platform Launched Its New Relic Token on the Ethereum Blockchain

    MasRelic – DeFi and Synthetic Real Estate Platform Launched Its New Relic Token on the Ethereum Blockchain

    New Jersey, United States, 1st August, 2022, Chainwire

    MasRelic, a small cap start-up located 7 miles from one of the seven blockchain hubs of the world, New York City, has launched its new RELIC token on the Ethereum Blockchain on UniSwap.  The RELIC token is the native utility token that is used for:

    • DeFi Farming Reflections 
    • Ethereum Reflections 
    • Synthetic Real Estate 
    • Utilization of Crypto Tokens in the Mortgage/Rent Industry

    In just two weeks, the RELIC Token has reached a 100K Market Cap with a real utility use case that can change the Real Estate Landscape. “There are numerous opportunities to start including Synthetic Real Estate along with DeFi by using our platform. This bear market is going to catapult innovations and benefits projects like ours” said Alex Luy, Founder of MasRelic

    RELIC has positioned itself as the underdog token in a world of cult-like coins and mooning tokens which serve no purpose but to increase 1000% in a couple of hours. RELIC has been transparent from the beginning about delivering a solution to a real problem, and that growth would be slow, but consistent. The RELIC Token is committed to its community and will always do what’s best for its holders. 

    About MasRelic

    RELIC is an Ethereum Token dedicated to enabling transparent decentralized financial services with a hint of real estate. Unlike most projects that start out on one chain, then quickly move to others and ditch their Ethereum community, the RELIC Team is dedicated and committed first and foremost to the Ethereum Blockchain and its users.

    Visit https://masrelic.com for full information including the roadmap, white paper, and upcoming features.

    Visit https://relicity.masrelic.com to review its synthetic real estate platform.

    Contacts

    Founder

    • AL
    • MasRelic
    • hello@masrelic.com
  • DeFi Project ChangeX launches its CHANGE token on Uniswap, HydraDEX to strong investor interest

    DeFi Project ChangeX launches its CHANGE token on Uniswap, HydraDEX to strong investor interest

    Sofia, Bulgaria, 1st August, 2022, Chainwire

    DeFi project ChangeX has successfully launched its CHANGE token for trading on HydraDEX and Uniswap to strong investor interest, company officials said. The app supports several trading pairs in order to offer a broader range of possibilities to investors, BTC and ETH cross-chain swaps included.

    The CHANGE token launch comes after ChangeX successfully completed their ICO, defying bear market sentiment. The ICO resulted in close to $2M proceeds which will fund the company’s operations for at least 24 months, providing a solid financial starting point despite gloomy market conditions.

    CHANGE was introduced to the app on July 19 together with in-app staking and compounding of rewards, paid out in CHANGE. The staking APR on release day was in the 500% range without including compounding of staking rewards, which naturally made for a four-digit yield. The launch was met with strong demand, and in less than 24 hours 13.2 million tokens were sold on HydraDEX alone, while a total of 11.5 million were staked. Additionally, 1,87 million tokens were sold on Uniswap.

    “ChangeX is entering a very exciting stage and we’re very happy with the numbers. We’ve got the app up and running, the token is online and we’ve reached a very important milestone with staking now available.”, said ChangeX CEO Nikifor Iliev. “We aimed for a timely release according to our roadmap, and our developers have been working round the clock in order to reach deadlines and provide the beta version of the app to the community. All this was achieved in less than 6 months, and we’re all very proud of it.”, added Mr. Iliev.

    Both iterations of the token have surged in the days following the project’s launch, disregarding bearish market conditions, which can be an indicator of the project’s integrity and the strength of its community.

    “CHANGE and HYDRA are the essential building blocks of the future of ChangeX. All new features that we plan to add to the project will be built around them. A number of core functionalities will offer a myriad of possibilities that users can use to their advantage”, added Co-founder Gary Guerassimov. “All the additions we’ve planned for the future in our roadmap compliment each other and create an all-in-one app ecosystem that works on interoperability and simplicity. The end goal is a smooth and user-friendly app that offers unprecedented ease of access to DeFi, crypto, and traditional finance.”

    Q3 2022 will see delegated HYDRA staking come to ChangeX, granting users access to full-blooded staking without the need to set up a node, but with all the benefits that normally come with it. The developer team is also focusing on setting up the foundations for ChangeX’s open lending market and flagship Leveraged Staking product, which will offer margin positions on multiple staked assets in the app, amplifying yield by a factor of 1.2-2x.

    The other big thing for ChangeX is becoming an agent of an Electronic Money Institution (EMI) initially, and eventually obtaining its own license which will allow the company to issue IBANs to users, paving the way for the release of the ChangeX Crypto Debit Card. The card will work as standard bank cards do, allowing users to spend both crypto and fiat from within the app.

    “If​ we assume that​ Revolut was a 1st generation digital asset application, ​and Crypto.com a​ potential​ 2nd generation application, then ChangeX is making an attempt to establish itself as a 3rd generation application ​by harnessing the powerful DeFi products and making them readily available to retail users”, HydraChain Co-founder Nikola Alexandrov added, outlining the vision for ChangeX’s future.

    The ChangeX app is available on the Google Play Store for Android users and on the App Store for iOS.

    About ChangeX

    ChangeX is an all-in-one personal finance mobile app that merges traditional finance, crypto, and DeFi. ChangeX will offer users a personal bank account, access to multi-chain crypto, and high-APR DeFi tools such as Leveraged Staking, which could double the rewards on all staked assets. ChangeX’s focus falls on passive income and crypto empowerment, and the app will allow users to spend any in-app token on anything via its ChangeX Crypto Debit Card. Users will be able to lend their stablecoins, use locked and flexible staking, buy and pay with fiat, and swap crypto on multiple chains, with everything being accessible in a few simple clicks.

    Follow the project on Twitter and Telegram for more information and regular updates.

    The Team

    ChangeX founders Nick Iliev and Gary Guerassimov have a rich history in developing successful crypto and fintech products, among them xChange.bg – Bulgaria’s leading crypto exchange. HydraChain and LockTrip co-founders Nikola Alexandrov and Hristo Tenchev are also on board, each bringing seven years of blockchain experience to the project. The project’s CTO Martin Kuvandzhiev is one of the core developers at Bitcoin Gold – a hard fork of the source Bitcoin code, which brought decentralization back to retail traders and made mining via common GPUs possible again.

    The Advisers

    ChangeX’s advisory board features industry experts from some of the biggest names in crypto, DeFi, and finance. SoftBank Vision Fund’s Neil Cunha-Gomes, whose crypto investments include Consensys and Elliptic, has been working alongside seasoned experts Dimiter Gurdjilov and Stefan Ivanov in outlining the company’s strategy and vision. Dimiter Gurdjilov has more than 15 years of investment banking, private equity and business development experience from Merrilll Lynch, JPMorgan, George Soros’ Bedminster Capital, NBGI Private Equity, and Challenger Capital Management. Stefan Ivanov has 25+ years of experience at Citibank, Banque Paribas, and Challenger Capital Management, and has also served as the CEO of Citibank in Bulgaria.

    Contacts

    Marketing and Communications Manager

    • Dimitar Rahtaliev
    • ChangeX
    • dimitar@changex.io
  • World’s Largest Metaverse Builder Community SandStorm Launches Build Proposals for Brands

    World’s Largest Metaverse Builder Community SandStorm Launches Build Proposals for Brands

    Tampa, United States, 1st August, 2022, Chainwire

    Leading metaverse builder community SandStorm has released its highly anticipated “proposal and bid” platform. This metaverse construction market pairs brands with builders from top virtual worlds including Decentraland and The Sandbox, allowing brands to deploy assets and experiences on demand. Its decentralized approach aggregates the best builders to provide unparalleled quality and cost savings to brands pioneering the metaverse.

    Similar to on-demand marketplaces like HomeAdvisor and Upwork, SandStorm has already become a hub for thousands of the world’s best metaverse builders to find work. By connecting brands, individual builders, and full development studios of all sizes, SandStorm provides an innovative solution to how legacy brands like Walmart, Panera, and McDonald’s will enter the open metaverse.

    SandStorm CEO Steve McGarry said: “Physical location for work has become much less important for many of us over the last two years. At SandStorm, we believe the future of work will be primarily driven by an individual’s skills and their ability to work on a team within the metaverse. As we move into a more digital society, asset creation skills for multiple virtual worlds showcased on a SandStorm profile will level the playing field for finding work.”

    The SandStorm platform highlights builders based on Skills, Availability, Communication, Quality, Deadlines, and Team Cooperation. It can be analogized to building a dream home in the physical world, but instead of hiring one local real estate development firm, choosing the best architect in Korea, the best roofer in London, and the best electrician in Canada. Operating in the virtual world, brands can select contractors based on their portfolio of previous work.

    Brands can submit a proposal to create an experience in The Sandbox, Decentraland, and soon five additional virtual worlds. Individual builders and development studios from all over the world then place bids using their SandStorm profile. Brands can then select their desired team with the guidance of SandStorm. Once the build is complete, a Transaction NFT (TNFT) is sent to all the involved builder profiles. This allows builders to share their role in the project and promotes the brand’s build to their followers. Brand partners and builders review one another after the build is complete to ensure that all parties have the highest quality experiences.

    SandStorm CBO Matt Saricicek said: “SandStorm aims to lower the barrier to entry for brands as the minimum budget to submit a proposal is $1,000 USD for a small group of assets. Once these proposals are approved, they go live in front of over 2,000 verified builders to submit bids on projects of all sizes.

    “This is only the tip of the iceberg; there are countless other intelligent and creative individuals all over the world who are unaware of web3 and who will eventually multiply the present community and experiences on web3 by a factor of a thousand. The work of these incredible artists excites us, and we are thrilled to be contributing to this movement.”

    JP Morgan has projected the metaverse will be an $8 trillion market by 2030 and there is a massive need for builders and creators to generate content inside all virtual experiences. As SandStorm continues to organize the open metaverse construction market with an enormous amount of pricing data, builder education will play a vital role.

    By offering weekly interviews, workshops, and tutorials live streamed directly from their platform, SandStorm welcomes an average of 25 new builders into the space every day. As an on-ramp for eager new builders, SandStorm expects growth to be between 130 to 170 new builders per day by mid-2023.

    “We believe that the key to unlocking the potential of future generations is to establish an open platform where anyone can ‘build’ their own destiny by being a creator in the metaverse,” said SandStorm COO Evan Stafford.

    Learn more about how to get your proposal in front of thousands of the world’s best metaverse builders in Decentraland and The Sandbox HERE

    About SandStorm

    SandStorm connects brands with the best virtual world builders, driving down the barriers to metaverse entry. Using SandStorm’s unique “proposal and bid” platform, brands can submit a proposal, accept bids, and hire virtual real estate builders in desirable metaverses. Builders, meanwhile, can leverage their portfolio to connect with clients who will grant them a global audience and showcase their skills.
    Learn more: https://sandstorm.co/

    Contacts

    CEO

    • Steve McGarry
    • SandStorm
    • team@sandstorm.co
  • Fraxion Offers Institutional-Level Investing Opportunities from as Low as USD $1000

    Fraxion Offers Institutional-Level Investing Opportunities from as Low as USD $1000

    fraxion

    In the recent past, institutional-level real estate investment was a dream for individuals or small businesses. With the advent of blockchain, it has become realistically possible to invest with the industry’s big guns and gain consistent ROIs. Through strategic alliances and partnerships with some of the most successful real estate developers in the United States, FraXion develops ‘Digital Asset Partners’ and allows token holders to invest in prime income-producing properties and land suitable for rapid commercial development. With FraXion, everyone can make their dream come true and invest in real estate with as little as $1000. This possibility allows a person to be a part of significant real estate projects that yield the best outputs within a specified period of time.

    For centuries, investing in real estate assets has been a reliable means to acquire wealth. The recent decades have been extremely productive in terms of countless self-made millionaires. However, the tenets of real estate investing haven’t evolved much over the years, and thanks to the advent of blockchain technology, a major shakeup is on the way. Real estate specialists and investors see asset tokenization as a method to improve the real estate investment sector, give investment opportunities to eager financiers, and potentially spur further economic growth. According to a recent analysis by the international advisory and accountancy network Moore Global, “even if only 0.5% of the overall global property market gets tokenized in the next five years, it would become a $1.4T market.” Even if only a tiny fraction of traditional real estate is digitalized, investors will get access to a significant investment pool.

    How Does It Work?

    The process revolves around tokenization of real estate. Asset tokenization is the process of digitising an item by fractionalizing it into divisible fungible tokens that may subsequently be exchanged at users’ discretion.

    Asset tokenization might function similarly, with divisible tokens reflecting a share of an ownership stake in a different asset. This may mean that a residential property is tokenized in real estate, with 100 individual digital tokens representing a 1% ownership stake in that property.

    FraXion Token

    FraXion security tokens are cryptographic assets that are issued as smart contracts on the Ethereum blockchain. Ownership of a blockchain asset is established by recording an owner’s unique identifier address, or ‘public address’, and the quantity of the support possessed by such an address on a blockchain ledger.

    FraXion tokens are digital assets that are invested in real estate projects managed by top-tier real estate development partners. The partner funds are highly diversified, holding only institutional-grade real estate and assets in some of the most valuable locations in the United States.

    FraXion is a one-of-a-kind secure smart token with an easy-to-use investment platform that offers security tokens backed by income-generating real estate holdings. As a result, they are creating digital assets that can be traded and easily exchanged, giving the Digital Asset Partners flexibility and potential liquidity options.

    To become a digital partner, everyone interested can visit the official website, and click the link to buy a token. After that they will be taken to the secure private portal to verify their digital wallet. After that, they will be issued FraXion tokens, including a smart contract on the Ethereum blockchain. Each digital token represents a fractional debt interest in money received via RMCG Digital Holdings, Ltd. investments and the opportunity to earn 10% per annum over the 5-year life of the token (50% ROI).

    Key Benefits

    Firstly, unlike traditional real estate investment, which needs capital to be locked in for an extended time, FraXion digital tokens may be securely and efficiently transferred over a blockchain network. Tokenization thereby increases liquidity by making trading cheaper, faster and easier.

    Secondly, investors may create highly diversified portfolios with low costs and a virtually open global market. They may easily purchase fractional interests in shopping malls, movie theatres and apartment complexes, as just a few examples.

    To reduce the high costs of conventional real estate, FraXion tokenization implements fractioning. Unlike traditional real estate, which requires investors to acquire the whole property, tokenization lets ordinary people acquire stakes in smaller portions of the same property, increasing accessibility to investment at a lower cost ($1000). Tokenization has significantly reduced investment costs, giving opportunities to a larger range of investors. Tokenization also decreases procedural barriers via digitalization. Unlike traditional real estate, which is only available to regional investors during local operating hours, real estate tokens may be traded across borders at any time.

  • QTUM is the #3 Coin to Watch for the Week of August 1 – August 7, 2022

    QTUM is the #3 Coin to Watch for the Week of August 1 – August 7, 2022

    We have reported about several important developments concerning the U.S. and global economy last week. In brief, the Federal Reserve (Fed) has announced a second consecutive 0.75%. interest rate increase on Wednesday. By hiking up the interest rated, the Fed aims to battle the raising consumer goods prices and crippling inflation. With higher interest rates money becomes more expensive to borrow, resulting in a lower consumption – people and companies are spending less and saving more. In theory, this slowdown of the economy should result in the return to baseline prices for goods. In addition, we have written about the Bureau of Economic Analysis reporting a decline in the U.S. GDP for the second quarter in a row. Nevertheless, despite the slowing economy both stock and crypto markets posted gains last week – Bitcoin gained 5% in the last 7 days while ETH is up by more than 7%. The total cryptocurrency market capitalization climbed from $1.08 trillion to $1.15 trillion last week.

    3. Qtum (QTUM)

    Qtum protocol features elements from both Bitcoin and Ethereum, including the Ethereum Virtual Machine, and tries to combine the best of both worlds. The Singapore-based cryptocurrency project is designed as the backbone of mobile decentralized apps (dApps) and optimized for blockchain interoperability. Qtum’s native cryptocurrency, QTUM, is used to pay network fees as well as to participate in the project’s on-chain governance system. distribution of newly minted QTUM is based on ownership of the asset. Qtum blockchain utilizes a mutualized proof-of-stake (MPoS) consensus, where anyone can stake their QTUM to receive a reward in the form of a share of newly minted QTUM and share of the transaction fees.

    Buy/Sell QTUM

    Qtum Mainnet Upgrade successfully deployed through the July 31 hardfork

    The Qtum Mainnet underwent a hard fork on July 31 at block 2,080,512. The upgrade is called Qtum Core v22.0 and will introduce the support for Taproot/Schnorr signatures, implement a new Ethereum Virtual Machine evmone that will result in faster EVM processing, and deploy the several bug fixes. You can read the full release details here.

    Because it was a hardfork, all users also needed to upgrade their Qtum Core Wallet to version 22.1. So, just in case you are wondering why you cannot access your QTUM coins anymore, make sure to upgrade and recover access ASAP. Even before the implementation, the upgrade was well received by the investors, who apparently accumulated QTUM in the week before the hard fork, causing its price to grow by more than 25% in just one week. Furthermore, the gains were even higher on Friday, July 29, when QTUM briefly spiked above $5.00. At the moment, QTUM is changing hands at $4.25.

    2. Polygon (MATIC)

    Polygon, previously known as Matic Network, is a leading Ethereum Layer 2 scaling solution. The Polygon Layer 2 network consists of several simultaneously run proof-of-stake sidechains that regularly push the data to Ethereum to create network checkpoints. Currently there two bridges that allow users to move assets between Ethereum and Polygon, the first one being the Plasma bridge and the second one the PoS Bridge. The Plasma bridge delivers supersonic speeds and throughput and allows for an easy and fast exit to Ethereum mainnet at the same time. Together with several other features and tweaks, Polygon provides a major scalability improvement to the biggest smart contract blockchain. By successfully overcoming Ethereum’s most limiting shortcomings Polygon has become attractive for DeFi projects and is establishing itself as one of the key DeFi networks.

    Buy/Sell MATIC

    MATIC continues to rally on the tailwind of Ethereum merge hype and Polygon’s high-profile partnerships

    Although we have featured Polygon on our lists on several occasions in the past 3 months, we believe that the project that has defied even the bear market deserves to be on the list once again. In the past 30 days, MATIC has managed to more than double its price, which is now nearing in on $1.00 again. Analysts claim that Polygon has benefited from the hype surrounding the upcoming Ethereum mainnet merge. For example, the recent Goerli testnet Merge announcement has led to a spike in the price of ETH but also the price of coins belonging to projects with a heavy focus on Ethereum, such as LDO and MATIC. Considering the fact that there are still a few more weeks until the Merge takes place on Ethereum mainnet, the hype is only about to amplify, which could result in further growth of Ethereum-connected coins. But of course, the MATIC rally is not purely hype-driven as that would likely be very unsustainable. Polygon has also established several important partnerships with big and well-known companies, such as the partnerships with Disney and Coca-Cola, of which we have written in our Top 3 Coins to Watch article from two weeks ago.

    1. Bitcoin (BTC)

    Although we believe Bitcoin does not need much introduction and that all eyes would be on it even if it were not featured on our list, here is a short summary of the history and key characteristics of the first truly decentralized digital currency. The world’s pioneer cryptocurrency was launched by pseudonymous figure named Satoshi Nakamoto in 2009 and has a capped supply of 21 million coins. The decreasing miner block rewards make the cryptocurrency scarcer with time, ensuring a deflationary nature. Bitcoin is also often referred to as the barometer of the cryptocurrency market as other assets usually follow BTC’s price performance.

    Buy/Sell BTC

    Bitcoin rallied after the news of another 0.75% interest rate increase

    As already mentioned, the U.S. Federal Open Market Committee (FOMC, part of the Fed) announced another 75 bps interest rate hike on Wednesday, July 27, which pushed both the stock market as well as the crypto market into a small-scale rally. Bitcoin gained almost 10% on the day of the announcement and its appreciation continued throughout Thursday despite the Q2 2022 GDP report, that showed that the U.S. economy is technically in a recession, being published. Interestingly, we have already seen this pattern following previous interest rate hike announcements. When the FOMC announced the increase in interest rates last month, Bitcoin gained 10.5%, while Ethereum surged even higher, increasing its price by more than 15%. Nevertheless, last month the rally turned out to be very short-lived as both Bitcoin and Ethereum quickly lost back all their gains. It will be interesting to observe whether this pattern will repeat itself this time around.