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  • Polker to Launch $200,000 Staking Pools as Native Token PKR Lists on MEXC Exchange!

    Polker to Launch $200,000 Staking Pools as Native Token PKR Lists on MEXC Exchange!

    Polker, the blockchain gaming metaverse, has revealed that it is set to launch staking on the Binance Smart Chain. This development follows the successful deployment of the Beta 3 launch that introduced NFTs to its gaming ecosystem.

    PKR staking set for Binance Smart Chain (BSC)

    Polker noted that PKR holders would be able to stake their tokens on its web platform from December 25 at 11 am UTC. The BSC staking will initially run for 90 days, and stakers will receive rewards in PKR tokens for locking their assets during this period. They have announced that a total of $100,000 worth of tokens at today’s market price will be in the pool.

    Binance Smart Chain is the second largest smart contract network after Ethereum and hosts tons of projects. Therefore, PKR holders will benefit from staking their assets on BSC due to low gas fees and get more value for their stake compared to Ethereum.

    They’ll also be able to increase their portfolio by staking their tokens which could be worth more by the end of the 90-day lock period. Polker will also be introducing more staking pools and options, including NFT staking options.

    The gaming metaverse recently introduced NFTs into its ecosystem and intends to extend this by introducing NFT staking options on the BSC in the coming weeks. And to not disappoint their loyal ERC-20 PKR holders they have announced the addition of a further $100,000 worth of ERC-20 PKR will be added to the Ethereum pool. Polker are allowing a massive passive income opportunity here – get involved in the ecosystem while it’s in such an early state of development!

    Polker (PKR) set to list on MEXC

    Polker is also set to list PKR Token on popular centralized crypto exchange MEXC. The listing is expected to go live from December 24th at 10am UTC. MEXC will support wallet addresses for ERC-20 and BEP-20 versions of PKR tokens.

    The listing is a huge one due to the position of MEXC in the crypto market. MEXC is a highly liquid exchange with a daily transaction volume of $600 million. Polker holders will access a trading platform that offers numerous trading options and can easily trade, swap and withdraw their tokens.

    In addition, Polker will be a token option for over 3 million users registered on MEXC, and its user-friendly platform will attract more users that want to hold PKR tokens. There may even be a $35,000 PKR airdrop for voters on the MEXC platform through their Kickstarter here!

    More developments on Polker

    Polker has continued to make waves in the crypto world and recently announced the launch of its first community-driven charity project. The gaming metaverse selected OI Pejeta Conservancy as the first charity to receive support from its community-based charity fund.

    PKR token holders can send their donations to the charity wallet and funds pooled are exchanged to its USD value and transferred to OI Pejeta Conservancy on January 1, 2021. In addition, participants can also win special Polker NFTs and are required to fill in their details in a dedicated charity form.

    About Polker

    Polker is a gaming metaverse powered by blockchain technology. Its metaverse is built on the unreal engine 4, enabling a highly immersive graphics gameplay for users. Polker gamers can Polker’s ecosystem is powered by its native token $PKR, available on UniSwap and PancakeSwap. In addition, PKR has also been listed on the centralized crypto exchange BitMart and Bittrex. PKR can also be staked with an APY of 36% on the Ethereum main net here.

  • Top 3 Advantages of Crypto Casinos

    Top 3 Advantages of Crypto Casinos

    features-of-real-money-gambling-with-bitcoin

    Cryptocurrencies are on the rise – Bitcoin is now a trillion-dollar asset, and the technology is being adopted for a wide range of use cases, including payments, decentralized finance, non-fungible tokens, gaming, and more. Crypto has also been making an impact on the online gambling sector, opening up exciting new options for businesses and players alike. 

    Given the large increase in the amount of casinos accepting crypto as a payment method, it’s natural to wonder why so many online casinos are now supporting crypto payments. Let’s check out three of the biggest advantages that this new technology has to offer. 

    Transaction costs and speed

    Cryptocurrencies operate on a 24/7 basis all around the globe, and are accessible to everyone. You don’t have to ask anyone for permission to send Bitcoin or any other cryptocurrency to anyone in the world. Depending on which cryptocurrency you use, your transaction could be completed within seconds. 

    Compared to traditional payment methods, cryptocurrencies can offer much cheaper transactions, because there are no intermediaries – when making a transaction, you only have to compensate the miners or validators, depending on the cryptocurrency you are using. Depending on where you live and which payment options are available to you, playing on crypto casinos could save you a significant amount in fees. 

    Privacy and security

    One of the reasons why many people prefer to transact with crypto is financial privacy. When transacting with cryptocurrencies, you don’t need to provide any of your personal information, and you can create as many different cryptocurrency wallets as you want. All the network cares about is that you have the private keys necessary to send the transaction. However, the casino you’re using could require some personal information from you before you can create in account. 

    If you’re using a cryptocurrency with a very robust network like Bitcoin, your transactions will also be highly secure. There’s thousands of nodes verifying transactions and the network is also backed by a huge network of miners.

    Diversity of options

    Many casinos that accept crypto will support many different types of cryptocurrency. This is great for customers, as they can choose which cryptocurrency to use depending on their priorities. Customers who value security above all will likely stick with Bitcoin, while those who prefer faster and cheaper transactions can choose coins like Litecoin or Dogecoin. Some crypto casinos also support stablecoins like USDT, which are suitable for users who are put off by the volatility of cryptocurrencies. 

    Things to keep in mind

    Transaction costs can vary greatly depending on which cryptocurrency you choose and its current network conditions. For example, Bitcoin transaction costs can skyrocket when the price of BTC is rising and the network is handling a lot of demand from investors and speculators. However, if you choose the right cryptocurrency for the job, you can save a lot of money on transaction costs compared to traditional payment systems.

    Price volatility is another aspect to consider. If you plan to keep large amounts in crypto, the price fluctuations can become a big risk. As we mentioned before, the price volatility risk of cryptocurrencies can be avoided by using stablecoins. 

    When it comes to privacy, users should understand that most cryptocurrencies are not actually anonymous, but are instead pseudonymous. Even though there are no real-world identities attached to cryptocurrency transactions, most cryptocurrencies have transparent blockchains where everyone can see the entire transaction history of any given address. If you put a lot of emphasis on privacy, you can consider private cryptocurrencies like Monero and Zcash. 

  • Uniswap v3 is Now Live on Polygon Network, MATIC Surges to a New ATH

    Uniswap v3 is Now Live on Polygon Network, MATIC Surges to a New ATH

    Key takeaways:

    • The launch of Uniswap v3 on Layer 2 network Polygon will reduce gas fees and increase the liquidity of Uniswap’s decentralized trading service
    • The Uniswap community approved the launch on Polygon in a nearly unanimous vote as 99.3% of users voted in favor of the launch
    • Uniswap Labs has committed $20 million for the integration with Polygon

    After a virtually unanimous vote, the Uniswap community has agreed on deploying the v3 of the Unsiwap trading protocol on Polygon, one of the leading Layer 2 networks. The price of the platform’s native MATIC token has skyrocketed to a new all-time high of $2.70 following the announcement.

    The launch of Uniswap on Polygon will reduce the high gas fees when trading, borrowing, and lending

    One of the issues of decentralized finance (DeFi) service operating on the Ethereum network is the high gas fees that are associated with performing transactions associated with trading, borrowing, and lending that are a product of Ethereum’s outdated Proof-of-Work (PoW) consensus mechanism.

    The launch of Uniswap’s trading and automated liquidity provision services on Polygon will significantly reduce the costs of performing DeFi services due to Polygon’s efficient Proof-of-Stake (PoS) mechanism. 

    The Uniswap team has announced the deployment of their decentralized trading protocol on Polygon on Wednesday, four days after the initial governance vote had taken place.

    The proposal to launch Uniswap v3 on Polygon was first submitted by the company’s CEO Mihailo Bjelic, who argued that the deployment of Uniswap on Polygon will bring a long list of benefits to users, including higher revenue, more liquidity, and most importantly, huge savings.

    Uniswap Labs has committed $20 million to support the deployment of Uniswap on Polygon – $5 million for various costs associated with driving the overall adoption and $15 million for a liquidity program.

    Following the news, the prices of MATIC and UNI tokens jumped to their respective multi-week highs. The price of MATIC has surged to a new price peak of $2.70 in the four days after the announcement, while UNI gained roughly 20% and reversed its recent downward trend.

    Buy/Sell MATIC
  • New Zealand CENNZnet Announces Token Bridge for Blockchain Interoperability

    New Zealand CENNZnet Announces Token Bridge for Blockchain Interoperability

    New Zealand blockchain CENNZnet recently announced the public release of its token bridge that will provide interoperability across networks for a range of functions using a distributed application platform. The dApp platform is a one-of-a-kind innovation that bridges portability between blockchain using decentralized blockchain technology, and is set to be a game-changer in the way layered solutions are provided. Some of them include: NFT Creation Module,  dApp building tool, Blockchain portability bridge, Currency creation, and other prebuilt runtime modules.

    The token bridge that was recently announced will act as a layer solution for Ethereum using Web3 protocol and allows for interoperable NFT and asset transfer. This is a major breakthrough for users who don’t have solutions to porting their assets. Some of the major areas where this will impact portability will be in the following sectors: Play-to-earn gaming, Social media, Entertainment, Metaverse applications, and other distributed applications.

    Nicole Upchurch, who leads the team at CENNZnet, explained: “We are constructing several token bridges, so that people can interact with CENNZnet from other blockchains like Ethereum and Cardano. It gives our network a lot more flexibility and means people can easily transfer their assets.”

    Growing the ecosystem

    The announcement should render major attention to the existing dApp platform, which is currently onboarding users to create dApps using pre-built runtime modules. This will likely increase user participation rates as the opportunities for portability will increase the advantages of building on CENNZnet. This is all coming to reality as CENNZnet is engaging in an aggressive outreach strategy to test their portability functions with key stakeholders and partners. With the new release, more testing and functional work needs to be done to further enhance the ecosystem. Being quite new, it is just a matter of time until more players start building dApps and API to test the new interface. 

    These initiatives are also incentivized by a grant program that was announced by CENNZnet, which encourages dApp development on the platform. The program is designed to help users get their ideas off the ground in a fast and easy incubation module system. With $500,000 up for grabs, users can build dApps that integrate with the token bridge and launch right from the CENNZnet platform.

    Creating a Token Economy 

    CENNZnet also engages in a range of tokenomics that allows users to stake and earn, as well as take part in the dApp development of native tokens similar to the Ethereum ERC20 token protocol. CENNZ is the native token, which can be bought and staked for rewards and it can increase in value without impacting the cost of the network because CPAY is the token where gas fees are incurred, thus preventing inflation on the CENNZ blockchain network. 

    Part of the token bridge will use CPAY tokens as gas fees, and also allow user to create generic assets through the NFT module, as well as user tokens in the dApp interface. Stay tuned for more exciting news coming from CENNZnet as it revolutionizes the way blockchain and internet interact. 

  • Astra Protocol Raises $9 Million in Private Sale to Bring Decentralized Compliance to the DeFi Ecosystem

    Astra Protocol Raises $9 Million in Private Sale to Bring Decentralized Compliance to the DeFi Ecosystem

    Zürich, Switzerland, 22nd December, 2021,

    Astra Protocol is pleased to announce it has secured $9 million through its token raise. In addition, top-tier investment groups and individuals have backed the project, confirming the need for decentralized compliance in the decentralized finance industry. 

    Things are progressing rapidly for Astra and its globally patented protocol. The initiative focuses on equipping DeFi smart contracts with a fully decentralized compliance layer. That layer offers both Know-Your-Customer and Anti-Money-Laundering capabilities. Moreover, the compliance layer can act as a tool to resolve any real-world compliance issues with the help of various renowned legal firms. 

    The ongoing growth of decentralized finance has shown a need to adhere to strict rules determined by society. The majority of protocols on the market today do not provide this functionality, yet the change will be inevitable. Without a compliance layer, developers and users may lose control of the ecosystem. 

    Moreover, the current technology landscape allows for overcoming and resolving any disputes that may arise. Therefore, an on-chain dispute resolution system is crucial, particularly for decentralized finance and the high risks it can present. Astra Protocol offers legal assurance, framework, dispute resolution, and regulatory compliance for lending and borrowing, derivatives, stablecoins, asset management, decentralized insurance, and decentralized exchanges. 

    The Astra Protocol token raise concluded recently, raising $9 million for the team to keep building and evolving its compliance layer. Notable investors in the project include Republic, DAOMaker, Fundamental Labs, Faculty, Richard Dai, and Wave GP Cardano. 

    Jonathan Han, Partner at Republic comments:

    “We believe Astra’s solution is a key part of the critical movement for DeFi to become mainstream. We are excited to back the Astra team who works diligently to bring the benefits of DeFi to more people and organizations”.

    Astra Protocol co-founder Arthur Ali comments:

    “We are extremely pleased to announce the closure of our token raise and proud to announce strong backing from the top tier investment groups and individuals such as; Republic, DAOMaker, Richard Dai, Fundamental Labs, and institutional backing. We firmly believe that ASTRA is key to the future of DeFi. It will allow us to unlock the next path of growth in the industry, allowing more compliant practices across multiple countries and ensuring further participation from major traditional institutions. Our globally patented technology will seamlessly allow DeFi to continue its growth whilst promoting greater confidence from regulators without compromising decentralization.”

    Astra Protocol has secured further globally recognised partnerships with the world’s leading legal and auditing firms, with further announcements released imminently. 

    About Astra Protocol

    Our mission is to equip all DeFi smart contracts with a fully decentralized compliance layer, including KYC & AML capabilities, to act as a tool to resolve real-world compliance issues using the expertise of trusted legal firms.

    Contacts
    • Arthur Ali
    • info@astraprotocol.com
  • BGA Reports NFT-Powered Games Generated $2.3 Billion in Q3 2021

    BGA Reports NFT-Powered Games Generated $2.3 Billion in Q3 2021

    Key takeaways:

    • NFT games generated $2.32 billion in sales between July and September
    • The NFT gaming sector now accounts for over a fifth of all NFT trading volume
    • Axie Infinity ecosystem accounted for the largest share of NFT sales, Splinterlans saw the biggest rise in the number of players

    According to the recently published report by Blockchain Gaming Alliance (BGA), non-fungible token (NFT) games produced $2.32 billion in revenue in the third quarter of this year, accounting for 22% of all NFT trading volume during the quarter.

    In-game NFT collectibles generated over $2.3 billion in sales

    The report by the BGA shows a considerable increase in the popularity of blockchain games between July and September and provides several interesting tidbits about the rapidly growing sector. 

    Sales of unique digital collectibles surpassed $2.3 billion during the quarter, while the number of crypto wallets used for gaming-related transactions grew from roughly 29,500 at the beginning of 2021 to 754,000 by the end of the third quarter – a massive 2,450% increase.

    The three search queries pertaining to crypto gaming saw a big uptick in the third quarter. Image source: BGA, Google Trends

    BGA reports that Axie Infinity (AXS) accounted for the largest share of gaming NFT trading volume in the first half of 2021 and surpassed the trading volume of leading NFT marketplaces NBA Top Shot and CryptoPunks in September, with more than $2.5 billion in sales.

    Judging by the number of associated crypto wallets, Alien Worlds, Axie Infinity, Splinterlands, CryptoMines, and Bomb Crypto were the top five most played games this year. It is worth noting that Splinterlands (SPS) saw a meteoric rise in the number of players, recording a roughly 3,260% increase in the amount of unique active wallets between the start of July and the end of September.

    The data for the report was collected from the blockchain analytics firm DappRadar, and from more than 200 professionals working on 118 different blockchain gaming projects. 

    The popularity of blockchain gaming is evident when taking a look at the best performing digital assets of 2021 – 3 out of the 10 largest gainers, GALA, AXS, and SAND belong to the nascent gaming sector.

  • Metamining Uses An Innovative Cooling Solution To Make Bitcoin Mining Farms Viable In The Middle East

    Metamining Uses An Innovative Cooling Solution To Make Bitcoin Mining Farms Viable In The Middle East

    Dubai, United Arab Emirates, 22nd December, 2021, Chainwire

    Metamining is a Bitcoin mining operation that spans over 30,000 machines securing the network and collecting BTC block rewards. The operation resides across the Middle East, benefiting from affordable electricity. However, these units do not require air conditioning but are kept cool through a “water curtain” system that is six times more power-efficient. 

    The company has announced that it evolved into one of the most profitable Bitcoin mining operations worldwide. combined with the Middle East’s affordable electricity rates and a new partnership to finance development and IPO structuring assistance, pave the way for even better things in the future.  

    An operation on this scale requires future expansion opportunities and solid maintenance. Metamining founder and engineer Sarah Sacrispeyre has come up with a solution to make that possible. Through a modular approach, she is able to save costs and enhance overall maintenance and efficiency to current operations while still allowing for future expansion. 

    Sarah Sacrispeyre has set up Metamining with her husband, a Business Angel who successfully sold his insurance business previously.

    Metamining recently partnered with Ariane Capital to finance its current and future development. Additionally, Ariane Capital will offer support to help Metamining structure its upcoming Initial Public Offering (IPO). Going public will bring more attention to the cryptocurrency space and highlight the energy-efficient nature of a mining operation in a country with a hot climate. Per year, two of the twelve months pose a challenge due to rising humidity. 

    All of the initial infrastructure of MetaMining has been funded by the husband-and-wife team themselves, allowing them to keep close tabs on the operation and expand over time. Today, they run several mining farms across the region, pulling in thousands of BTC every month. Using Algeco containers to get hardware online as quickly as possible remains a crucial aspect, as establishing traditional buildings takes months. Through these containers, mining can begin in mere days. 

    The use of water curtains makes MetaMining operations incredibly energy-efficient. Essentially all the electricity is going to online hardware and hashing as oppose to cooling systems, allowing operations to expand further for the foreseeable future. The hardware is powered by Bitmain ASIC’s.

    The company mines bitcoin and Bitcoin Cash only, as mining profitability tends to favor one over the other. However, both ecosystems use the same algorithm, allowing for convenient switching between the chains and pools when the need arises. 

    About Metamining

    Metamining is the most green and ecofriendly mining operation in the world. The company is based in Dubai and consists over 30,000 machines powered by Bitmain.

    Contacts
    • Benjamin GUEZ
    • Ben@metamining.io
  • Manta Network Community Gains Access to New Features with Dolphin Testnet Roll Out

    Manta Network Community Gains Access to New Features with Dolphin Testnet Roll Out

    Boston, Massachusettes, 22nd December, 2021,

    Manta Network, the Substrate-based DeFi privacy protocol stack, has officially unveiled its Dolphin Testnet to support MantaPay on the Manta-Polkadot network and MariPay on the Calamari-Kusama network.

    With this launch, Manta Network opens its product suite for the community members for the first time, granting full access to the features. In addition, as part of the Dolphin testnet launch, the Manta team has also released its public Github repository for its tech-savvy community members.

    Manta Network has developed several platforms and protocols designed to make decentralized finance (DeFi) more scalable and interoperable while improving security and privacy. At its core, Manta Network offers a suite of DeFi-centric privacy protocols that add a layer of anonymity for all DeFi transactions. This is accomplished by implementing zkSnarks and Groth16 zero-knowledge proofs to obfuscate wallet addresses entirely. As such, Manta Network plays the critical role of masking portfolio management activities, especially for large volume transactions.

    Since its early days, the Manta and Calamari teams have made significant progress in terms of product development. The team has received grants, added several new milestones to its list, rolled out the mainnet version, executed runtime upgrades, and much more. This latest announcement markets the first time the Manta and Calamari teams have rolled out a testnet for community members to leverage. While building a layer-1 privacy network using zero-knowledge proofs is no small task, the Dolphin testnet launch marks another noteworthy achievement for the Manta and Calamari Network.

    Amidst the growing demand for privacy-focused solutions for blockchain-based products, Manta Network has emerged as one of the platforms aiming to address this demand with its layer-1 solution instead of introducing another layer-2 solution. Both Manta and Calamari will offer enhanced privacy for the entire DeFi ecosystem through its range of products, including an automated market maker (AMM) decentralized exchange (DEX) and a payment protocol with built-in privacy. Over time, the Manta team also plans to roll out other add-on products like a synthetic asset protocol and private lending feature. 

    Remaking on the Dolphin testnet launch, Kenny Li, COO of Manta Network, notes, “Privacy has always been a fundamental issue for us. The more users DeFi projects have, the greater the privacy issues become. Manta Network addresses this problem for the entire community, and the Dolphin testnet is just the first of many more community-oriented steps on our bursting roadmap.”

    About Manta Network

    Founded in 2020, Manta Network has designed multiple protocols for privacy-preservation in the DeFi space by ensuring greater anonymity for multiple transaction activities, helping conceal user activity through the use of several cryptographic technologies, including zk-SNARKS and Groth16. Substrate-based protocols, including an AMM DEX and payment protocol, have already been unveiled, with others set to follow. Investors include Alameda Research, Polychain Capital, DeFiance Capital, CoinFund, ParaFi Capital, LongHash Ventures, SkyVision Capital, Zee Prime Capital, The Spartan Group, Divergence Capital, SNZ Holding, CMS Holdings, Global Coin Ventures, ConSensys, Digital Currency Group, and more.
     

    Contacts
    • Kenny Li
    • kenny@manta.network
  • Chingari Claims the Top Spot Among Social Media Apps on India’s Google Play, Beating Out Facebook, Instagram, and Snapchat

    Chingari Claims the Top Spot Among Social Media Apps on India’s Google Play, Beating Out Facebook, Instagram, and Snapchat

    Key takeaways:

    • Chingari, a short-video sharing application, is now ranked as the most popular social media app on Google Play in India
    • The Chingari social media platform has more than 30 million daily active users who produce a whopping 156 million content views per day on the platform
    • The company raised $16 million in the recently concluded GARI token IDO on SolRazr

    Chingari, the quickest growing short-video sharing platform in India with more than 32 million daily active users, has achieved a significant milestone of claiming the number one spot on Google Play as the country’s most popular social media platform.

    Chingari ranks ahead of social media giants such as Facebook, Instagram, and Snapchat 

    In just three years since its inception, Chingari has grown to become one of the most widely used video-sharing platforms in the world’s second-most populous country. The rapid rise to prominence is far from being a fluke, but instead a product of a well-crafted and easy-to-use mobile product and well-executed marketing strategy, which allowed the app to fill the void left by TikTok, which was banned in India over national security concerns in June 2020.

    Chingari app allows users to effortlessly create and share short videos and use easily accessible built-in visual effect filters to add an extra layer of personalization to their content. 

    What sets Chingari apart from the vast majority of traditional social media platforms, is the integration of Web 3.0 technology, which creates innovative monetization models for the platform’s content creators and unlocks new ways of interaction between artists and their fans.

    To this end, Chingari has launched its own native token, dubbed GARI, which gives content creators the ability to create individual e-commerce spaces where their fans can directly support their favorite artists. Additionally, GARI tokens are designed to be used for tipping purposes and facilitation of the non-fungible tokens (NFTs) functionality on the platform. GARI is built on Solana blockchain technology, which can achieve a maximum throughput of over 60,000 transactions per second while boasting very low transaction costs.

    Chingari raised $6 million in the recently concluded Initial DEX Offering (IDO) on the SolRazr decentralized launchpad, after selling 40 million GARI tokens at the price of $0.40 apiece. The GARI token sale marks the largest sale of its kind to date.

    With more than 85 million downloads, 32 million active users, and a rapidly growing number of content creators using the social media platform, Chingari is well-positioned to remain at the top of Google Play’s rankings for a long time.