KuCoin has launched its first fractionalized NFT project, the hiBAY project
hiBAY is an ERC-20 token that represents a 1:1,000,000 share of a Bored Ape Yacht Club (BAYC) collectible stored in the collection vault
KuCoin’s inaugural fractionalized project has been launched in collaboration with Fraction Protocol, a company specializing in fractionalized blue chip NFTs
The new initiative allows users to buy pieces of blue chip NFTs
The KuCoin cryptocurrency exchange has announced the first project on the Fractional NFTs Platform, the fractionalized Bored Ape Yacht Club (BAYC) collectibles. To obtain an ownership share of BAYC non-fungible tokens (NFTs), users can buy the hiBAYC token at a token sale price of 0.13 USDT.
KuCoin will sell hiBAYC during the 48-hour promotion that ends on July 29. hiBAYC is an ERC-20 token with an initial token supply of 2 million tokens. Each token represents a 1 millionth ownership share of one BAYC in the collection vault, meaning that each BAYC NFT in the vault is valued at 1 million hiBAYC. The KuCoin team shared the news about the hiBAYC project on Twitter on Tuesday.
We are honored to introduce our first project on #KuCoin Fractional #NFTs – hiBAYC. #BAYC
The subscription to this exclusive #NFT event will start at 10:00 AM on July 27, 2022 (UTC).@FractonOfficial
Fractionalized NFTs allow users to invest in well-known and popular digital collectibles at a substantially lower cost than buying the same item in its entirety. Fractionalized BAYC tokens will be tradeable on the KuCoin spot markets.
The first fractionalized NFT project launched by KuCoin comes roughly two weeks after the company announced a partnership with Fracton Protocol, a permissionless liquidity and oracle protocol for blue-chip NFTs.
In related news, KuCoin CEO Johnny Lyu announced the launch of the Anti-FUD Fund yesterday. The fund will reportedly focus primarily on educating people hot to distinguish unsubstantiated and misleading claims from truthful information.
Joining the project at an early stage is a promising investment. Especially if it’s a successful project. Why is the project doomed to success? Let’s check.
Freedom DeFi is a fairly new project but has already made its name. This project has an experienced team of developers. Token smart contract has already passed two audits in ContractWolf and Solidity Finance company. Well-developed tokenomics and also a well-built mechanism of commission fees that fight inflation and contribute to the high price of token. The own miner of USDT, BUSD и BNB. And in addition to all this, a fixed 1,027,030.60% APY with regular payments every 30 seconds. Today it’s the highest APY in DeFi sphere.
Mechanisms contributing to the maintenance of protocol
Auto-Liquidity – 4% of token $FREE trading volume goes to maintain liquidity of $FREE/BNB pair on PancakeSwap providing ever-increasing volume of $FREE.
Risk Insurance Fund – 4% of token $FREE trading volume is held in RIF, that helps to maintain reward for staking provided by a positive rebase.
Treasury- 3% of token $FREE purchase and sale are received directly in Freedom DeFi Treasury , that is maintained by RIF and provides marketing budget and financing new products.
Fire- 2% of token $FREE trading volume is burned in the fire. The more traded the more tokens are burned in the fire thereby reducing the circulating supply of tokens $FREE and token value remains the same ensuring the stability of the project.
Only thanks to the automatic operation of these mechanisms, Freedom DeFi protocol is capable to maintain high cost of tokens and also stable charging rewards for all the holders.
Freedom DeFi miner
Freedom DeFi miner is a unique miner from our developers where you can mine three coins: USDT, BNB, BUSD. You can mine up to 5% of rewards every day! You can invest any amount you want and the rewards will depend on the amount you invest.
Exclusive mining is only available to the Private Round investors. Annual percentage of return (APR) terms have been introduced compared to other Freedom DeFi ($FREE) token holders, who will get access to the miner after listing the $FREE token.
Miner gets additional financing from all trading operations of token $FREE. 3% of every purchase and sale are sent to the smart contract of the miner increasing its market cap.
Miner wallet will be public. Also strategic deposits will be made to help increaseTVL Freedom DeFi Miner. The developers specially created Miner so that holders of Freedom DeFi can earn not only tokens $FREE but also stable coins.
For all the users of miner there’s a referral program, for every invited person you’ll get 12% of a man’s deposit who you invited.
Private Sale Freedom DeFi
The opening of Private Sale will take place on the Freedom DeFi platform soon. It will be held in the format of Fair Launch, the minimum purchase will be 0.8 BNB and maximum 60 BNB. The value of a token on private sale will be 0.07$, and listing price on the exchange will be 0,1$.
All the investors of private sale automatically become the participants of a grand giveaway. There will be awarded:
1x – Robinson helicopter
20x – MacBook Pro
30x – iPhone 13Pro Max
50x – AirPods Pro
At the end of private sale all the winners will be chosen randomly. The prizes will be delivered by the team of developers. WebSite and social media: https://linktr.ee/freedom_defi
PolkaFantasy, the world’s first Japanese ACG-dedicated blockchain ecosystem, announced the launch of their rebranded NFT marketplace, aimée, on a quest to bring people from all over the world together for their love of NFTs on August 4th and 7th.
As part of the launch, aimée is featuring an exclusive NFT collection with legendary artist, Keiji Inafune-san, known as ‘Beastroid.’ Regarded for his prolific art career and contributions to Mega Men and Street Fighter, Inafune-san has lent his fantastical genius to the creation of a robot-futuristic world where Beastroid fights to save mankind from extinction.
“This is a rare opportunity to collect futuristic and robotic art pieces with Keiji Inafune,” said Alex Hui, CEO of PolkaFantasy. “Joining this robo-revolution will enable users to not only collect a piece of Inafune-san’s handcrafted characters in an exclusive community, but it will also provide premium access for users to interact with Inafune-san in upcoming social events.”
The “Beastroid” collection tells a futuristic tale of humans facing extinction as a result of climate change. The surviving members of the human race are struggling to reach the last few refuges on Earth while elite rulers attempt to block access to these safe havens. Beastroid’s mission is to protect the human race. Its unique characters: Hyenas, Cats, Lizards, and Hippos are thoughtfully made with distinctive qualities and characteristics.
aimée aspires to integrate a Metaverse concept into their brand new NFT marketplace, where the world’s best artists and anime creators can come together to revolutionize the virtual and immersive art space.
PolkaFantasy is the world’s first Japanese ACG-dedicated blockchain ecosystem, with its unique NFT marketplace, NFT wallet, and multiverse games. PolkaFantasy NFT Marketplace, aimée brings top-notch artwork to collectors worldwide, offering a platform where Japanese artists and creators can connect with supporters. PolkaFantasy delivers the best immersive experience to users that they can discover, trade, and interact with any digital collectibles and game assets.
Within the holistic ecosystem, PolkaFantasy is a metaverse with mystical GameFi and play-to-earn mechanisms. PolkaFantasy aspires to change the current dynamics of GameFi and bring forth a new future to the world of blockchain games.
Grand Cayman, Cayman Islands, 27th July, 2022, Chainwire
Following the success of launching the flagship title ‘Big Time’ into Early Access and generating NFT sales in excess of 100 million dollars, BIG TIME Studios Ltd. (BTS) announced the OPEN LOOT (OL) Platform. OL enables developers to launch web3 games and distribute their NFTs through the OPEN LOOT Marketplace. Its Vault technology enables an extremely easy-to-use experience for receiving and managing blockchain-based digital assets, allowing players to trade and sell to one another in a very natural way.
With no gas fees and instant transaction settlement, OL creates the best possible experience for players like no other. “We believe that we can bring the success we realized with Big Time to our partner studios, and have them join the largest web3 gaming community in the world”, said Ari Meilich, CEO at BTS.
BTS is also announcing the OPEN LOOT Ecosystem Fund, which will support game developers in the journey as they launch their web3. “We are very excited to be able to participate in funding the next generation of web3 games, and bring our expertise in-game economies and our vibrant community to our partners”, said Tony Colafrancesco, VP of Partnerships. Developers interested in working with the Fund can learn more and apply at openloot.com.
About Big Time Studios LTD
Big Time Studios LTD. is the publisher & developer of the video game Big Time, and the developers of the OPEN LOOT, a platform for the next generation of web3 games. OPEN LOOT lets game developers mint and distributes crypto-based digital assets within their games and a marketplace, providing for a smooth experience for casual players. Founded by Ari Meilich (Founding CEO at Decentraland) & game industry veterans Thor Alexander and Matt Tonks, the BTS team is distributed around the globe.
A new country for Bitcoin Mining officially opens its doors.
A new ECOS data center with a capacity of 60 MW has been launched in Armenia. Full state support for the Free Economic Zone provides unique benefits and affordable electricity for mining.
In 2018, the Armenian government entrusted ECOS to create and manage a Free Economic Zone to support the development of high technologies and the blockchain industry in the country. Learn more about FEZ here.
Today, the company maintains more than 250,000 users that use cloud mining and hosting services worldwide, and you can become one of them! An end-to-end infrastructure was built on the territory of the data center, including a service center, warehouses and regular supplies of spare parts, armed guards and a staff of servicemen located on the territory 24/7.
ECOS data center receives an additional 60 MW of clean, affordable and stable electricity from high-voltage networks, which makes it possible to claim almost 100% up-time electricity.
The new plot can accommodate more than 20,000 mining devices on an area of 2.2ha, with the potential to expand to an additional 200MW.
Moreover, the optimal temperature of this region allows to eliminate problems with overheating without additional expenses – the average annual temperature in Hrazdan is 4.8°C.
Also, we have to mention ECOS end-to-end service: The company takes full care and responsibility for the purchase of mining equipment from Bitmain, on behalf of our clients or simply helps to move from other data-centers to ECOS, the company’s employees test, install and maintain equipment 24/7 and you can watch and control your assets directly from the mobile app.
This is a really good opportunity to earn passive income with ECOS hosting and manage it with two clicks on your smartphone. Your earnings on mining are not so easy? Let’s check out all the benefits here.
“We have come a long way from legalizing mining in Armenia to launching our own energy infrastructure that is ready for scaling. We want to offer our partners simplicity in everything: from launching your mining business on our data-center to daily monitoring of the result in the application without leaving your home” — said Ilya Goldberg, managing partner of ECOS. — “Our bundled product is made to serve both institutional and retail clients from any part of the world.”
Armenia patronizes the blockchain / mining sector and has allowed the creation of FEZ with unique conditions such as 0% income tax and 0% VAT, 0% import and export duties, 0% property and real estate taxes for the next 25 years, which allows our partners to receive maximum revenue on capital.
At present days due to the lack of stable and affordable electricity in the world and the constantly changing legal requirements, ECOS services are extremely relevant, the company said.
Crypto winter is coming to an end and now is the best time to start mining. Historically, it is most profitable to invest in cryptocurrencies during such periods. If you have not yet started earning on bitcoin mining, then start now with ECOS hosting!
People have been using loans for hundreds of years to start businesses, attain good education, and achieve a wide range of goals that wouldn’t be achievable without gaining access to extra capital.
Cryptocurrency loans take the old and proven formula and apply it to the blockchain space. While traditional loans are typically managed by banks, which require extensive paperwork, sufficient credit scores, and so on, cryptocurrency loans take just minutes to secure and are available to whoever owns digital assets.
What is a cryptocurrency loan?
A cryptocurrency loan is a type of blockchain-based financial instrument that allows users to put up their digital assets as collateral to gain access to additional crypto capital. Instead of risk assessment calculations that take into account a person’s credit score, the mechanics of crypto loans rely primarily on a principle known as Loan-to-Value (LTV) ratio.
LTV determines how big of a loan a customer can obtain. Most cryptocurrency lenders lend funds with an LTV of about 65%, which means that a user can borrow about 65% of the amount of crypto they used as collateral via a crypto loan. For example, staking 1 BTC as collateral would enable you to borrow an additional 0.65 BTC, or the equivalent value of other crypto assets.
The duration of a cryptocurrency loan, the maximum LTV, supported borrowable and collateralizable digital assets, and other loan parameters can vary greatly depending on each individual crypto lender.
What are the pros and cons of crypto loans?
Broadly speaking, cryptocurrency loans can be a great way to increase exposure to crypto markets and leverage the power of an existing crypto portfolio to gain access to additional digital assets. However, same as with every type of financial product, there are some caveats with crypto loans. Here’s a quick overview of the main benefits and disadvantages pertaining to crypto loans.
Pros of using Crypto Loans:
No credit score requirements
Can be actively managed
Borrowed funds can be used to pursue additional investment opportunities
Easy to take out and repay
Taking out a loan is not considered a taxable event
Interest rates are typically lower than in traditional loan counterparts
Cons of using Crypto Loans:
Susceptible to liquidation if collateral’s value falls below the requirements
Users must monitor and adjust their LTV to accommodate for market fluctuations
Late loans repayment can lead to liquidations and additional fees
The above list serves as a broad overview of cryptocurrency loans and shouldn’t be considered as the final verdict on the service.
Benefits of using Binance Loans
Binance’s Loan service easily ranks among the most comprehensive cryptocurrency loan offerings in the industry. Not only does the service feature numerous customization options and an easy-to-use interface – with in-depth and clear explanations of each setting readily available – it also supports an extensive list of crypto assets. At the time of writing, Binance Loans allows users to borrow more than 60 types of crypto assets, including Bitcoin, Ethereum, and other popular coins. In addition, users are able to stake more than 20 different crypto types to collateralize their loans.
Let’s examine the core benefits of Binance’s loaning service.
5 different loan duration types
Binance’s Loan offering is primarily suited for users who are looking to magnify their short-term and near-term market exposure. There are five loan terms available, including 7, 14, 30, 90, and 180-day loans. The terms outline the maximum loan duration, however, they don’t specify the loans’ shortest time spans, which brings us to our next point.
Borrowing funds without a credit check
As mentioned previously, a crypto loan on Binance can be taken out without supplying a credit check. This makes the product accessible to a broader spectrum of users. In addition, since there is no paperwork that needs to be supplied, crypto loans can be secured in minutes, which allows users to seize short-term trading opportunities and not miss out on potentially lucrative investments.
Repayment flexibility
One of the benefits of borrowing crypto on Binance is the ability to repay your loan at the time that best suits your needs. Loans can be repaid in part or in full before the end of the loan period outlined in the initial loan order. This makes it possible for users to pay off their debts at an opportune time, for example, during a market rally.
Loans staking
The Loan Staking feature allows users to decrease their interest rate when using crypto collateral that supports staking. The feature works in the following way. Binance uses the collateral supplied by users to support the operation of underlying blockchain networks.
Loans Staking allows Binance users to offset their loan expenses. Image source: Binance
When using BNB as collateral, for example, Binance puts supplied BNB towards supporting the Proof-of-Stake (PoS) operations on the BNB Chain. The staking rewards are then distributed to users via the slashed effective loan interest rate. In the case of using BNB as collateral, the interest rate is reduced by 60%.
Complete control over borrowed funds
Another benefit of using Binance Loans is complete freedom when it comes to using borrowed assets. Users are able to use borrowed crypto capital to pursue various investments on the Binance platform, including spot, futures, and margin trading, as well as a wide range of passive income-generating products available on Binance’s Earn platform. What’s more, borrowed assets can be transferred outside Binance and used on other exchanges or decentralized trading protocols.
When should you use Binance Loans?
Binance Loans can come in handy in different investment scenarios, ranging from spot trading to pursuing high yields through decentralized finance (DeFi) staking services. Here are some examples of when cryptocurrency loans can boost a user’s investment potential:
Borrowing funds without a credit check
As mentioned previously, a crypto loan on Binance can be taken out without supplying a credit check. This makes the product accessible to a wider range of users. In addition, since there is no paperwork that needs to be supplied, crypto loans can be secured in minutes, which allows users to seize short-term trading opportunities and not miss out on potentially lucrative investments.
Buying new coins without selling parts of crypto portfolio
Cryptocurrency owners are often faced with a common dilemma of whether it is worth it to sell an existing crypto portfolio, or a part of it, to buy new digital assets. With crypto loans, the decision becomes much easier. Instead of selling crypto and using the proceeds to buy new coins, existing assets can be used as collateral to gain exposure to new coins. Due to the maximum loan duration of six months, securing new spot assets is particularly beneficial for shorter-term investment moves.
Using borrowed capital to pursue passive income opportunities
Since the borrowed funds have no strings attached (except the borrower’s obligation to repay the debt within the loan duration window), they can be used to generate yield. Binance offers numerous Earn products that enable users to deposit their crypto in DeFi Staking products, flexible and locked savings options, and more. In addition, users can pursue additional yield-generating options on other centralized and decentralized crypto platforms
Final thoughts
Cryptocurrency loans provide another layer of utility for digital assets and bring the sector one step closer to realizing one of the core missions of crypto as a whole – the ability of an average consumer to “unbank” themselves and rely on algorithmic solutions instead of traditional intermediaries for financial needs.
Binance Loans is one of the leading crypto lending services in the sector, thanks to the extensive list of supported currencies and advanced management tools. Hopefully, this article helped you gain a better understanding of Binance’s Loan offering and cryptocurrency loans in general.
Last week the total cryptocurrency market valuation climbed from $995 billion to $1.08 trillion. The 8.5% increase in crypto market cap was most likely caused by the hype around the upcoming Ethereum Merge, which is the final step of Ethereum’s transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS) consensus. ETH rallied by more than two times the market average, climbing from $1,365 on July 18 to $1,630 on July 25 (+19.4% price increase). As more developments concerning Ethereum are expected this week, Ethereum is our #1 coin to watch.
3. Curve DAO Token (CRV)
Curve is a decentralized trading protocol built on the Ethereum blockchain. The protocol aims to provide its users a simple and easy-to-use product for swapping Ethereum-based assets (primarily stablecoins and wrapped Bitcoin) with low slippage and minimal fees. Curve was developed by Russian scientist Michael Egorov. He launched Curve in January of 2020 and the platform quickly became one of the most used DEXes. The protocol uses a native token named Curve Dao Token (CRV) for decentralized governance as well as rewarding liquidity providers on CurveFinance.
Curve DAO Token jumps by 35% following Curve decentralized stablecoin launch announcement
The price of the platform’s native Curve DAO Token rallied on Friday, July 22 on the news of an upcoming launch of Curve’s decentralized stablecoin. While not all the details have been revealed yet, the Curve founder Michael Egorov did reveal that the CRV stablecoin $crvUSD will be an over-collateralized algorithmically governed stablecoin. Over-collateralized stablecoins are usually backed by backed by volatile assets like Bitcoin and other cryptocurrencies of a higher value than the issued stablecoin to defend the USD peg even in times of volatility surges. An example of such stablecoin is also Tron’s USDD, which launched in May this year and already has a market cap of $116 million. However, $crvUSD developers claim that their stablecoin will be revolutionary as it will feature a unique new liquidation mechanism not yet seen on any DeFi protocol. The interview certainly did lift some dust and caused a major hype driven surge. On Friday alone, CRV price quickly increased by 35% from $1.13 to $1.53. In the meantime, the price has already readjusted, erasing more than half of the Friday’s gains – as it is usually the case with hype-driven bull runs. Nevertheless, a launch of a native stablecoin will likely be beneficial for the protocol’s future growth and adoption in the longer term.
2. Lido DAO (LDO)
The Lido DAO is a Decentralized Autonomous Organization that manages the Lido staking service protocol by deciding on key parameters such as fees and incentives. Lido is currently the most popular staking protocol for Ethereum 2.0, Solana and Kusama, and the second largest DeFi service in terms of TVL, according to DeFi Llama. At the moment, Lido’s 3.9% APR on staked ETH, has attracted already more than 4,25 million ETH worth over $6.5 billion. For context, the total market cap of all ETH staked in the Ethereum 2.0 contract is around $20.0 billion, according to Staking Rewards. LDO is the governance token of the Lido DAO, granting its holders rights to vote on proposals of changes to the protocol.
On Monday, July 18, the Lido protocol announced that the project is committed to making its staked tokens widely available throughout Ethereum Layer 2 chains. According to the official announcement, wrapped stETH was already deployed on Argent and will soon be made available on Arbitrum and Optimism.
Lido is launching stETH on Layer 2 🏝️
Ethereum is scaling, and so is Lido.
Lido stakers will soon be able to use their stETH assets in DeFi on Layer 2.
Lido developers also highlighted that the protocol is network-agnostic and that they will do their best to bring their stETH to every sufficiently proven Layer 2 network with demonstrated economic activity. The expansion to various L2 networks will make Lido’s stETH widely available throughout Ethereum ecosystem, which will ultimately result in higher volumes handled by the Lido protocol. While no launch dates have been revealed yet, the platform’s LDO token already rallied – it is up by 180% in the past 30 days, which makes it the most profitable coin out of the crypto top 100 in this time frame. Nevertheless, much of the rally took place before the official announcement and is likely to be associated with the heavy growth of all Ethereum-focused projects. This could indicate that the effects of LDO’s launch on L2 chains announcement have not been priced in yet.
1. Ethereum (ETH)
Ethereum is an open source blockchain that pioneered smart contract functionality in 2015. The decentralized network operates in a fast, immutable, and trustless manner. Ether (ETH), which is currently the second-largest cryptocurrency by market capitalization, is Ethereum’s native asset. Although it can also be used as a medium for the transfer of value between different Ethereum addresses, it is more commonly used to execute various smart contracts. The Ethereum blockchain hosts countless ERC20 tokens with different utilities – these include Exchange tokens (OKB, HT, UNI), DeFi tokens (LINK, MKR, COMP, SNX, etc.) and several stablecoins such as USDC, DAI, TUSD, and USDT. Many Layer 2 blockchains including Polygon, Arbitrum, Loopring, Optimism, etc. operate on top of the L1 Ethereum mainnet. Ethereum is currently nearing the end of the process of transition from proof-of-work to a proof-of-stake blockchain. Once Ethereum 2.0 is fully launched, the network will be able to perform more transactions at a higher speed than today. Hopefully, this will also lower the network fees, which are a well-known Achilles’ heel of Ethereum ecosystem.
September 19 floated as a potential Date of the Mainnet Merge
After months of delays, Ethereum developers have finally outlined a date for “the Merge”, an event that will mark the competition of Ethereum’s transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS) consensus. According to the statements of core Ethereum developers Tim Beiko and Superphiz.eth on the July 14th Consensus Layer Call, the Merge is currently planned to take place on September 19 provided the Goerli testnet merge planned for August 11 is successful. It should be highlighted that these are not official dates yet. The Merge could take place even 1 to 2 weeks sooner if the Dev ACD call is pushed to an earlier date. At the same time, the Merge could also be delayed again if the team stumbles upon bugs and vulnerabilities.
This merge timeline isn't final, but it's extremely exciting to see it coming together. Please regard this as a planning timeline and look out for official announcements!https://t.co/ttutBceZ21pic.twitter.com/MY8VFOv0SI
Nevertheless, the community and investors reacted very positively to the release of this “loose timeline” as they have been awaiting this event for more than 3 years. Consequently, the price of ETH, and native tokens of Ethereum-focused projects like Polygon and Lido DAO, surged on the news. In addition, Ethereum TVL has grown by almost 17% in the last 10 days. While this is most likely just a reflection of the higher valuations of ETH and Ethereum-based tokens, the TVL increase is a very welcoming change following multiple months of a downward TVL trend. Since Ethereum will likely be in the lime light of crypto community’s attention for the next two (or more) months, we suggest adding ETH to your crypto watchlist if you haven’t already.
Geneva, Switzerland / July 25 / – TRON DAO is thrilled to announce its Developer, Community Ambassador, and Influencer Grant Programs to BUIDLers on the TRON network.
As one of the largest DAOs, TRON is always looking for new opportunities to grow its ecosystem and further engage its vibrant global community.
The Community Ambassador Grant Program will encourage a gateway between the DAO and multiple dedicated TRON friends and families to expand the TRON ecosystem. With a quarterly grant allocation of $30,000, the program will cultivate relationships between the DAO and established Ambassadors actively engaged within the TRON Community.
The Community Ambassador Grant criteria include:
Established community on a popular Social Network, e.g., Discord, Telegram, or Twitter
Sustained history of regular engagement within the community
Genuine support for TRON DAO and its community objectives
The Developer Grant Program will also boost a bridge between the DAO and various core developers to expand the TRON network. With a quarterly grant allocation of $90,000, this program will formulate multiple incubation spaces designed to engage and empower leaders to promote new use cases of the TRON blockchain.
The Developer Grant criteria include:
Established project with proof of concept, e.g., Github Repository, or Provable Suggestions to improve the TRON blockchain and its ecosystem
Sustained history of consistent development efforts
Genuine support for TRON DAO and its community objectives
In addition to the Developer Grant Program, TRON has a Bug Bounty Program that will incentivize developers to search for system vulnerabilities. The program will help make our ecosystem safer, more robust, and more functional. Grants will be awarded depending on the bug’s complexity, level of vulnerability, and the replicability of the problem found.
Last but not least, in an effort to support public good and the dissemination of valuable information about the TRON Ecosystem, the Influencer Grant Program will provide strategic support for TRON eco-educators. Influencers working on TRON DAO-related projects and outreach are eligible to apply for these funds. With a quarterly grant allocation of $45,000, the program will work with different channels of social media influencers to amplify their messages and create an authentic stream of highly informative content throughout the entire TRON ecosystem.
The Influencer Grant criteria include:
Established Social Media Channels with crypto-relevant content
Sustained history of consistent quality content creation
Genuine support for TRON DAO and its community objectives
Once you apply and fill out the form, our Ecosystem Development Team will reach out to follow up and connect with you. Thank you for your interest in building on TRON and joining the mission to decentralize the web.
About TRON DAO
TRON is dedicated to accelerating the decentralization of the internet via blockchain technology and decentralized applications (dApps). Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of July 2022, it has over 103 million total user accounts on the blockchain, more than 3.5 billion total transactions, and over $11 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently, the over-collateralized decentralized stablecoin USDD was launched on the TRON blockchain, backed by the first-ever crypto reserve for the blockchain industry – TRON DAO Reserve, marking TRON’s official entry into decentralized stablecoins.
After the success of the last Asia Metaverse Conference 2022, Metaverse Club received a lot of feedback from the global audience about the need for further learning and socializing with the global Metaverse companies. So the Metaverse Club is organizing the Global Metaverse Carnival, a big festival for global Metaverse companies. It will be happening from 6th-8th December 2022, with about 100 speakers and 2000 participants worldwide.
The Venue- “Christmas Snow house-themed” 3D online event venue
The event venue will be a custom attractive “Christmas Snow house-themed” 3D online event venue with graphics that you’re in a Hollywood anime with the whole audience!
The audience can create a unique avatar of their own and walk around the venue to explore the 3D expo area, talk and Q&A with the speakers,exhibitors, investors,and others, join the social networkingplay games together and have a party!
In addition to learning at the event, the audiences will get plenty of social and entertainment! All you need is a network and a browser!
Participants
The Global Metaverse Carnival will mainly bring together Metaverse brands, technology companies, investment institutions, blockchain companies, Metaverse tools, and service providers, as well as journalists from Asia, North and South America, Europe, Oceania, and Africa, to discuss the significant global event shappening in the Metaverse in the second half of 2022! (eg.local governments’ policies, regulations, technologies, solutions, local market Metaverse corporate resources, successful cases, future Metaverse market trends, etc.)
Branding
In addition, the Carnival will also provide branding opportunities for the company that wants to showcase its business innovation to the Metaverse market.
Global Metaverse Carnival Sessions:
Forum One: Global Six Continents Metaverse Policy, Technology, and Ecosystem Development Forum
In this session, the Local policymakers, Metaverse brands, technology companies, law firms, consulting firms, media, and other senior representatives from Asia, North America, South America, Europe, Oceania, and Africa to discuss and exchange information on local Metaverse development policies,laws and regulations, the latest market development progress, local Metaverse market resources, technologies, and expectations for future Metaverse development in the local market so that the global audience could better understand the current development situation of Metaverse in different countries.
Forum Two: Blockchain Into Metaverse Forum
Blockchain is undoubtedly one of the core elements in Metaverse development. Web3, decentralization, blockchain technology, and infrastructure development have a significant role in promoting the ecological effect of the Metaverse. In this session, global blockchain brands (blockchain games, NFTs, Defi, etc.), Metaverse blockchain service providers, web3, and decentralized organizations will discuss blockchain’s current development in the Metaverse and its future growth prediction.
Forum Three: Investment Into Metaverse
What are the market investment opportunities in the Metaverse? What are the main factors investment institutions look for when investing in Metaverse projects? Which global investment institutions are laying out the Metaverse investment track? What are the predictions of investment institutions for the next decade of metaverse development?
In this session, more than 20 chief metaverse investment officers from top global investment institutions will be joining the discussion.The audience will understand the metaverse market investment opportunities from the investment institutions’ perspective and how to develop your projects better to get more potential investment opportunities.
Forum Four: Metaverse Financing Roadshow
The Financing Roadshow is for startups or companies with new projects in the Metaverse to get more opportunities to showcase their innovative products to investors and to enable investors to get more resources for creative projects. Thirty investors responsible for investing in metaverse-related industries will attend this session. Ten companies with metaverse-related projects will have a 10-minute demo and 10-minute Q&A with investors for each session.
After the roadshow, we have 3 hours of social time in the investors’ Social Room to promote communication between projects and investors. At the same time, the video wall in the Investor Room will showcase innovative project videos from Metaverse projects.
Expo Zone:
Thirty 3D booths will provide project promotion and resource acquisition opportunities for Metaverse companies in the 3D Expo Zone. The attendees can create their own unique avatar and walk around the venue to explore the 3D expo area, talk, and Q&A with the exhibitors. Video and advertising banners and downloadable brochures can be placed at the booth.
