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  • P2P Marketplace Bistroo Adds Crypto Payments to Disrupt the Traditional Food Sector

    P2P Marketplace Bistroo Adds Crypto Payments to Disrupt the Traditional Food Sector

    Eindhoven, Netherlands, 28th October, 2021,

    Bistroo, the peer-to-peer food ecosystem based on blockchain, is delighted to announce that merchants now have the option to accept payment in multiple cryptocurrencies, including Bitcoin (BTC,) Ethereum (ETH,) and Binance Coin (BNB.) This move significantly extends the existing payment options, which include fiat currency and the platform’s native BIST token. It also makes Bistroo the world’s first food ordering platform to embrace cryptocurrencies and blockchain. 

    Following a successful raise of over $8 million in May, Bistroo has already been working hard to enable payments with its native BIST token. Thanks to a collaboration with Coinpayments, token holders can now spend BIST at any of Coinpayments’ 100,000 merchants operating in over 200 countries worldwide. 

    However, Bistroo is now expanding the collaboration and further cementing its support for cryptocurrency adoption by allowing its customers to make payments in one of five major cryptocurrencies – BTC, ETH, BNB, LTC, and BCH. To further promote the adoption of cryptocurrencies, Bistroo temporarily doesn’t charge commission on all crypto payments. This gives merchants an even larger slice of their returns and consumers receive a discount on their order. This discount is even larger when they choose to pay with the platform’s native BIST Token.

    Bas Roos, CEO, and co-founder of Bistroo, said of the expansion into cryptocurrency payments: “Bistroo is on a mission to set ourselves up on the global stage with our unique business model. The future is moving towards a protocol economy where parties can directly interact with each other, and Bistroo is taking the first steps in that direction, offering a better value proposition for the food ordering platform market. Enabling our users to transact in crypto is an integral part of that journey.” 

    Food ordering platforms have boomed over recent years, making it easy to enjoy our favorite meals at home, but they’ve also made it difficult for the restaurants we love to sustain their business. Today’s platforms impose high fees on food merchants while controlling all data and payouts, as well as taking over customer relationships and loyalty. Ultimately, the model leads to higher costs for consumers and restaurants in the end.

    Bistroo provides a peer-to-peer marketplace for food operators and customers that actually facilitates their connection instead of controlling it. The project launched its platform in 2020 and has since helped merchants reach over 25,000 customers and process over $2.3 million in orders, according to the live tracker on its website. 

    Merchants have full control over their payments, menu configuration, orders, promotions, and analytics. They can transact directly with their customers and are paid instantly when orders are placed.

    Listing on Bistroo now also gives restaurateurs and food operators the opportunity to easily expand their payments services into cryptocurrencies, while leveraging the substantial benefits of using a peer-to-peer platform. 

    Bistroo’s ultimate goal is to become a global leader in PaaS e-commerce technology for restaurants and food shops. Bistroo.com aims to be the portal that will enable restaurants and specialty food stores all over the world to offer their products directly to their customers, for exceptionally low fees, instant payouts and with full control. 

    Crypto payments can also be made in the demo-store using the testnet:

    https://www.bistroo.nl/eindhoven/restaurants/the-burger/

    About Bistroo

    Bistroo is a peer-to-peer marketplace for food & beverages, powered by the BIST Token. A protocol where food consumption can be easily organized and personalized against significantly reduced fees. Merchants are in full control of their payments, product selection, customer relations, orders, advertising, and analytics. Customers can have direct relations with their favorite merchants, earn rewards and get food recommendations that fit their taste.

    Since launching in early 2020, Bistroo has processed over $2.3 million in orders from 25,000 unique customers.

    Website – https://bistroo.io/ 

    Telegram – https://t.me/bistroo_comm 

    Twitter – https://twitter.com/bistrooIO 

    Youtube – https://www.youtube.com/channel/UC5izSfaX3qpsYXt6V3lFB1A 

    Contacts

    Creative and Marketing Director

    • Bas Geelen
    • basgeelen@bistroo.nl
  • Binance Recurring Buy – A Simple Way to Invest in Bitcoin on Monthly Basis

    Binance Recurring Buy – A Simple Way to Invest in Bitcoin on Monthly Basis

    Dollar-cost averaging (DCA) is a popular investment strategy in which investors invest their money in regular intervals instead of making their entire investment in one go. The goal of a DCA strategy is to reduce the impact of large short-term price fluctuations on your investment.

    An important aspect of DCA is that you should stick to making your purchases at the interval that you decided upon, no matter what the current price is – doing otherwise would defeat the purpose of this investing strategy.

    Open Binance Account

    The benefits of dollar-cost averaging (DCA)

    For example, let’s say that you have decided to make a $2,000 investment into Bitcoin. You could choose to buy $2,000 worth of Bitcoin today, but the cryptocurrency markets are very hard to predict. You never know whether you’re buying at a relatively good price or if the market is getting ready for a huge crash that will make you wish you waited a bit longer.

    Here, the famous quote “Time in the market beats timing the market” comes to mind. The main idea is that investing with a long-term outlook will typically produce better results than trying to find the perfect entry and exit points for your investment.

    From a short-term perspective, markets are very complex and prices are affected by countless factors. Trying to time the bottoms and tops might work for some time, but the odds are likely to catch up to you sooner or later, and you could get caught up in the downward spiral of making increasingly risky trades to “win back” your losses. A sound investment should perform well over a long period of time, even though there might be ups and downs along the way.

    Adopting a DCA strategy is a good way to deal with this dilemma. You could decide to split your $2,000 investment into 20 purchases of $100 across 20 weeks, 5 purchases of $400 over 5 months, or any combination that makes sense to you. This investment strategy has less potential upside than timing the market, but it also has a much smaller downside.

    You can DCA into crypto on Binance thanks to the new Recurring Buy feature

    Some cryptocurrency exchanges have recognized that there’s a lot of demand from customers for investing through a DCA strategy. Binance, the most popular exchange on the market today, has recently implemented a feature called “Recurring Buy” to meet this very demand.

    By setting up a Recurring Buy on Binance, you can automatically invest an amount into a cryptocurrency of your choosing at regularly scheduled intervals – every week, every two weeks, or every month. You can even set which day and time you’d like to make your Recurring Buys at.

    On Binance, the feature is available for purchases with Visa and Mastercard credit and debit cards. Make sure to check with your card issuer to ask about any fees they might be charging on such purchases.

    The process of setting up a Recurring Buy on Binance is quite straightforward. Before we go through the step-by-step guide, however, let’s quickly outline some of the main features of Recurring Buys on Binance.

    • Available for purchases through Visa/Mastercard cards (you can save up to 5 cards)
    • Automatically invest a set amount into crypto at regular intervals
    • Supports weekly, bi-weekly and monthly purchases
    • You can change or cancel your Recurring Buy plan at any time

    How to set up a Recurring Buy on Binance?

    Before you can start DCAing into crypto through Recurring Buys on Binance, you’ll have to create an account with the exchange. Creating an account will take you just a few minutes.

    Create Binance Account

    Please note that if you want to purchase cryptocurrency through Recurring Buys on Binance, you’ll have to verify your identity first. Practically all cryptocurrency exchanges that accept payments with fiat currency (USD, EUR, etc.) have this requirement.

    Once you’ve created your Binance account and verified your identity, you can set up your Recurring Buy.

    In our example, we’ll be setting up a recurring buy where we will be purchasing $100 worth of Bitcoin on a monthly basis. We’ll choose to make our purchases at the 1st of every month at 18:00 at UTC+2.

    Please note that when you’re setting up a recurring buy, the first purchase will be made immediately. The subsequent transactions will be made according to the schedule you selected.

    1. Set up your recurring buy

    First, find the “Credit/Debit Card” section under the “Buy Crypto” menu at the top of the Binance interface.

    Next, choose how much you want to spend with each recurring purchase, and which cryptocurrency you want to purchase. In our case, we set the amount to $100, and the cryptocurrency to Bitcoin. Make sure to toggle on the “Recurring Buy” option.

    Here’s where we can customize our recurring buy. Set the frequency, the day of the month to make the purchase, and the time. In our example, we will set the “Recurring frequency” to “Monthly”, set “Repeat on” to the 1st, and set the time to 18:00 (UTC+2). Our Recurring Buy now matches the DCA plan we decided on previously – we’ll be investing $100 into Bitcoin on a monthly basis.

    2. Add your Visa/Mastercard card

    After you press “Continue”, you’ll have to add the card that you’ll be using to make the payments. Select the “Add New Card” option.

    Now, you can enter the information for your card.

    After you’re done filling in the information about your card, you’ll have to select the card you’ve just added.

    3. Confirm your purchase

    Before confirming your purchase, make sure to double-check all of the parameters of your purchase. You’ll see how much you’ll be spending, and how much BTC you will receive with your first buy.

    You will also see when the next payment of your recurring buy will take place. Please keep in mind that the amount of BTC that you’ll be able to get with your next recurring buy will depend on future market conditions.

    If everything looks good to go, click “Confirm”. Binance will notify you that your first purchase is being processed.

    Once the purchase is processed, you will be able to see that you’ve received your Bitcoin and that your recurring payment is enabled.

    4. Track or edit your Recurring Buy

    Now that your recurring buy is set up, you can track it under the “Buy Crypto History” section. Here, you will be able to see all of your Recurring Buy plans that are currently active. By clicking on “View Plan”, you can see the transaction history, or customize/cancel the plan.

    If you want to change anything about your Recurring Buy plan or cancel it, click on “Manage”.

    The bottom line

    Dollar-cost averaging can be a great strategy if you’re investing in cryptocurrency or any other asset with a long-term outlook. Not only can DCA mitigate the effects of volatility, it can also help you take emotions out of investing. Instead of emotionally making your buying and selling decisions and worrying about what’s happening in the market, you can simply stick to your DCA plan and take the stress out of the equation. With its Recurring Buy feature, Binance has provided a great tool to implement a DCA strategy for cryptocurrency investing that provides enough customization options for most crypto investors. Hopefully, this article helped you get started!

  • Eightcap and BKForex Will Organise One of The Biggest Crypto Trading Events of the Year – CryptoFest 2021

    Eightcap and BKForex Will Organise One of The Biggest Crypto Trading Events of the Year – CryptoFest 2021

    Melbourne, Australia, 28th October, 2021, Chainwire

     BKForex, a renowned trading education provider, and Eightcap, a multi-award-winning broker, have recently announced that they will be organising the biggest online crypto event of the year. The partnership is part of Eightcap’s commitment to building a home for crypto derivative traders. The event will provide traders with everything they need to know about the crypto derivatives market. 

    CryptoFest will be held on October 30-31, 2021, and anyone interested in trading cryptocurrency CFDs may attend for FREE. Not only will the most popular crypto derivatives such as Bitcoin and Ether be covered, but CryptoFest speakers will delve into the best crypto trades of 2022 and will be covering cryptocurrencies that have been in the spotlight recently, including, Solana, Shiba Inu, Dogecoin, Cardano and more.

    Co-founder of BKForex, Boris Schlossberg, commented: “We are delighted to partner with Eightcap to bring key insights, tips and trade ideas to the crypto derivatives market. We have a whole host of renowned Crypto traders ready to share their strategies and expertise at CryptoFest 2021. With new Crypto tokens such as Solana, Cardano and Dogecoin gaining more popularity, traders are eager to take advantage of the volatility in the market. Still, it may be a challenge to find the best strategies for this new market. That’s why CryptoFest is the perfect event for those traders who want more information on trading crypto derivatives!”

    Eightcap’s CEO, Joel Murphy, added: “Organising CryptoFest with BKForex will add to the support we want to provide to crypto derivative traders. Giving traders access to free crypto education is a priority for us as we continue to build a home for crypto derivative traders here at Eightcap. We have made this event accessible for everyone so that traders can learn from the best and prepare before they start trading crypto derivatives.

    CryptoFest 2021 will bring together retail traders and experts from the financial world to discuss cryptocurrency derivatives. A number of topics will be covered including, the wild and crazy world of racehorse NFTs, the best crypto trades of 2022, how to use volatility to predict the direction of crypto. During the event, traders will have the opportunity to hear from influential crypto traders, gain access to helpful industry insights, trading strategies and tools and join a community of crypto enthusiasts. Eightcap and BKForex will also be running a giveaway during the event. Attendees will have the opportunity to win the Crypto Crusher, a web-based tool used to find big winning trades across over 200 crypto instruments. 

    The first day of CryptoFest 2021 includes four discussion panels with Andrew Lockwood, BKForex’s very own Kathy Lien, Anthony Crudele, and Jon Najarian. The attendees will get market insights from Nick Bencino, Gary Fichardt, Dave Nadig, and Kiana Danial on Sunday. Boris Schlossberg will moderate the online event. 

    You can register for this FREE online event and find further information on www.cryptofest2021.com/. Can’t attend? No worries – Eightcap will record everything. Just register, and they’ll send you lifetime access to all the videos of the event so that you can watch them at your convenience. 

    About Eightcap

    Eightcap is one of the leading CFD brokers in the market, providing online trading services to a wide range of clients from around the world. They offer CFDs based on Forex, commodities, indices, shares, and cryptocurrencies. The well-established trading company was founded in Melbourne, Australia, in 2009, and is regulated by the Australian Securities and Investments Commission (ASIC), the Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC) and the Securities Commission of The Bahamas (SCB).

    Eightcap’s upcoming CryptoFest will offer a strong lineup of cryptocurrency trading experts from around the world. The attendees will have the opportunity to learn with and from the best. More details on the speakers, the topics and the schedule can be found on www.cryptofest2021.com/! 

    Contacts

    Partnership Marketing Manager

    • Silviya Velcheva
    • Eightcap
    • Silviya.velcheva@eightcap.com
  • Drops Announces Upcoming NFT Lending Platform to Boost Market Liquidity

    Drops Announces Upcoming NFT Lending Platform to Boost Market Liquidity

    Vilnius, Lithuania, 27th October, 2021,

    Drops announced today the upcoming launch of its NFT lending platform, with the testnet set to mark the initial phase of its mainnet launch. The Drops NFT lending ecosystem seeks to bridge the liquidity gap in NFT markets by enabling participants to use their metaverse items as loan collateral. 

    With NFTs gaining popularity, Drops is optimistic about tapping into this growing ecosystem to provide the much-needed liquidity solutions. The Drops NFT lending platform introduces an avenue to collateralize idle NFTs, creating a more liquid market where users can obtain loans and earn an extra yield. 

    “NFTs have become the centre stage of crypto discussions in the past few months. However, the latest crypto market crash revealed underlying liquidity issues in this upcoming niche. The Drops NFT lending model is designed to introduce liquidity in NFT markets by bridging the metaverse world with Decentralized Finance (DeFi).In doing so, we believe that NFT owners can derive more value from their idle assets.” said Drops Founder & CEO Darius Kozlovskis.

    The platform will be rolled out in three phases, kicking off with the testnet, followed by an audit, and finally, the mainnet release. NFT owners who wish to participate can submit an application form, after which they will be guided on how to take part in the Drops NFT Loans testnet.

    Drops will leverage its native tokens dNFT and dTokens to represent NFT collaterals supplied to the platform’s permissionless pools. NFT owners who supply their digital assets to a particular pool can use the native tokens to borrow from the markets or repay outstanding debts. As for the collateral factor, each market will have a factor ranging from 0 to 1 to represent the portion of the underlying asset value that can be borrowed. 

    The Drops lending platform currently enjoys a total value locked (TVL) of $6.2 million, a figure that will likely increase as more metaverse participants join the Drops community.

    “We are excited about the future of the metaverse given its potential in building global digital communities. The Drops NFT lending platform provides a perfect starting point to contribute towards the growth of the metaverse. In future, we anticipate integrating more DeFi opportunities to support the mainstream adoption of NFTs and digital ecosystems.” added Darius Kozlovskis. 

    About Drops

    Drops is a premier NFT lending platform that allows metaverse item owners to use their digital assets as collateral for loans and in the DeFi ecosystem to earn an extra yield. The Drops protocol leverages permissionless lending pools, enabling digital assets such as NFT collectibles, metaverse items, Financial NFTs, and DeFi assets to be used as loan collateral. At the core, Drops value proposition is to decrease the selling pressure of idle NFT assets by creating avenues to obtain instant liquidity or earn a passive yield through DeFi ecosystems. 

    Contacts
    • Darius Kozlovskis
    • dk@drops.co
  • The New Axie: Why PlayDapp is set to transform blockchain gaming with a P2E gaming model

    The New Axie: Why PlayDapp is set to transform blockchain gaming with a P2E gaming model

    Everyone loves a game, and blockchain gaming has emerged as more than a luxurious pastime. Games like Axie Infinity have shattered the mode of what it is to game by providing an active in-game economy for players to become stakeholders and earn while gaming.

    This phenomenon has led to the blockchain gaming sector rising in the past 24 months and is now valued at over $18 billion. PlayDapp is a unique blockchain gaming platform that seeks to build on these gains by introducing the Play-to-Earn concept within its gaming ecosystem.

    An immersive gaming metaverse

    PlayDapp has an extensive gaming community that is centered on its flagship game ‘’Along with the Gods: Knights of the dawn. The game launched in November 2020 and is available in web and mobile versions.

    Along with the Gods is an arcade game where players can play several combat contents to earn Hero and Rune NFTs. These NFTs can be used to level up their characters or exchange for PLA tokens that can be converted to fiat currency on supported exchanges.

    Since its launch, Along with the Gods has constantly been ranked as one of the most popular blockchain games and gained adoption globally. The in-game economy provides a constant demand for NFTs and tokens leading to a highly competitive gaming ecosystem.

    This has led to a rise in its native token PLA, which is listed on top centralized exchanges, including Coinbase, crypto.com and Upbit.

    PlayDapp entering a new phase with Play-to-Earn model

    PlayDapp continues to make major updates to Along with the Gods, and the latest is the integration of a Play-to-Earn model within the gaming economy. This new feature is expected to transform the gaming experience and provide players with more earning opportunities.

    It will also place ”Along with the Gods” alongside ”Axie Infinity” as one of the blockchain games with a truly decentralized gaming ecosystem. Play-to-Earn is a new concept that places gamers as stakeholders that drive the in-game economy.

    Players are incentivized to game and use in-game assets, which invariably leads to a decentralized gaming environment and the adoption of the gaming token. PlayDapp has stated that the launch of P2E model will be deployed before the end of October.

    Players will be able to stake NFTs and earn daily and weekly rewards in PLA tokens. The daily rewards are pegged to 5 PLA, and players are required to stake three SR grade PlayDapp Town PLAYZ NFTs and partake in daily quests to be eligible for rewards. Players who want to increase their earnings can partake in the weekly rewards by staking an SSR Grade PlayDapp Town PLAYZ NFT and competing in the exciting weekly PVP tournaments to be eligible for up to 5000 PLA tokens rewards.

    Massive Growth Potentials

    PlayDapp has massive potentials, and the game topped the overall game category in terms of interest in anticipation for the upcoming P2E launch. This has led to analysts stating that the game could become the next ‘’Axie Infinity’’.

    PLA token is closing in on the $1 mark, and the launch of the P2E model is expected to lead to a spike in the token. With the growing blockchain gaming, it won’t be surprising if PlayDapp market cap rises to similar levels to Axie Infinity.

    “Along with the Gods” can be downloaded through the Google Play Store, and the PlayDapp Town NFT required for NFT staking can be purchased from the polygon version of PlayDapp’s C2C marketplace playdapp.com.

    To learn more about PlayDapp, visit the links below.

    Website   NFT Marketplace    Telegram    Medium   Twitter

  • KuCoin Releases Social Trading Features for a Simpler and Better Trading Experience

    KuCoin Releases Social Trading Features for a Simpler and Better Trading Experience

    Victoria, Seychelles, 27th October, 2021,

    KuCoin, a global leading cryptocurrency exchange, introduced multiple social trading features on its mobile app to satisfy the growing demands from crypto users, especially the newcomers when they first touch the transformative asset class. These features are available in a special space called KuCoin S, where invited users can experience new functions prior to their official launch on the KuCoin App.

    The first debut of the social trading feature is aligned with the long-term vision of KuCoin, which is bringing crypto to the masses. Throughout the exploration in the crypto field since its establishment, KuCoin has had an in-depth understanding of the barriers of entry to the crypto industry for people outside. As mentioned by KuCoin CEO Johnny LYU, “Most practitioners in the crypto industry were focusing on building better tools to improve the interaction between humans and protocols. Therefore, the lack of interactions between users has led to the increasing educational costs and slow pace of popularization of the industry, hence creating obstacles for mass adoption.”

    The integration of “social” and “trading” features will make crypto trading easier at various levels and help KuCoin transform into the largest social trading platform within the crypto industry. In KuCoin S, users can obtain the most up-to-date crypto news feed with AI-based algorithms, discover crypto gems, new listings, get to know more investors alike in terms of background or trading preferences, interact with KOLs or community leaders, discuss trending crypto topics, and learn from others’ trading experience and strategies.

    In addition to the social elements, the new feature also simplifies the holistic process for a crypto starter to make investment decisions by enabling fast buy, portfolio check, copy trading, and more. It is a better trading platform for all classes of investors to easily access the crypto world, with the most trusted crypto insights for a more efficient trading decision.

    With this release, KuCoin also upgrades the overall UI to better suit the brand-new social feature for Generation Z. The platform took inspiration from the theme of “Futurism” to upgrade its colors, graphics, and interface elements. It also integrates the concept of node to the new visual as an indispensable element to the blockchain world. As each node is independent while staying connected, it echoes the social feature that KuCoin introduces.

    Currently, social trading features are only available to invited users, and KuCoin will gradually send out more invitation codes. These features will be opened to all users later this year.

    For further information, please contact media@kucoin.com. 

    About KuCoin

    Launched in September 2017, KuCoin is a global cryptocurrency exchange for over 400 digital assets. It currently provides Spot trading, Margin trading, P2P fiat trading, Futures trading, Staking, and Lending to its 8 million users in 207 countries and regions around the world. In 2018, KuCoin secured $20 million in Round A funding from IDG Capital and Matrix Partners. According to CoinMarketCap, KuCoin is currently the fifth biggest crypto exchange. In 2021, Forbes named KuCoin as one of the Best Crypto Exchanges for 2021. For more information, please visit www.kucoin.com. 

    To find out more, visit https://www.kucoin.com

    Contacts
    • Jing Cheung
    • media@kucoin.com
  • Market Correction Pushes Bitcoin Below $59,000, Ethereum sub-$4,000

    Market Correction Pushes Bitcoin Below $59,000, Ethereum sub-$4,000

    Key takeaways:

    • Bitcoin fails to conquer a key resistance level and falls under $59,000 as a result
    • Following BTC’s drop, 96 out of the top 100 digital assets have been trading in the red zone
    • SHIB defies the broader market trend and breaks into cryptocurrency top 10 by market capitalization on the heels of 25% gains

    After a prolonged upswing that saw Bitcoin reach a new all-time high close to $67,000 and the broader cryptocurrency market reaching the historical high, today, somewhat expected price corrections took hold.

    Bitcoin’s price experienced a sharp decline after failing to conquer a key resistance level

    Bitcoin has lost more than 6% in the last 24 hours of trading.

    Bitcoin (along with the total cryptocurrency market cap) has dropped to its lowest point since October 15. The price of BTC started falling after the world’s largest digital currency failed to break through $63,000 resistance and is now testing the other side of the range, according to crypto analyst Michaël van de Poppe.

    By zooming out and looking at the monthly performance, the situation seems far from bleak. Bitcoin has managed to grow from $43,900 at the beginning of October to a peak value of $66,900 on October 20. Even accounting for the recent retracement, BTC is still up nearly 35% month-to-date (MTD).

    The three-week-long rally pulled the price of BTC to its historical high just shy of $67,000.

    As is usually the case when the market faces a quick and sharp correction, a wave of leveraged positions liquidations took place. At press time, more than $870 million and 170,000 traders were liquidated in the past 24 hours, according to crypto futures trading and information platform Bybt. Ethereum led all digital assets with its liquidations amounting to $300 million, while BTC futures traders lost $182 million.

    Ethereum momentarily drops below $4,000

    Ethereum followed in the footsteps of Bitcoin and has lost 4.6% in the last 24 hours of trading. Despite losing a hefty chunk of its value, ETH experienced a smaller drop, especially when looking at weekly price movement. ETH was trading in a relatively tight price range all week, between $3,900 and $4,360.

    The price of Ethereum has fallen to a low point of $3,931 during the last 24 hours of trading.

    Along with BTC and ETH, 96 out of the top 100 cryptocurrencies are trading in the red zone. Despite the negative trend permeating the markets, Shiba Inu managed to break into the cryptocurrency top 10 on a 25% gain, which pushed the memecoin to its ATH.

    The total market cap has fallen to a two-week low.

    Following the considerable drops in prices of most digital assets, the cumulative value of cryptocurrencies has dropped to a two-week low and currently stands at $2.5 trillion.

  • CODI is Pleased to Announce that the Private Sale of $CODI has Came to a Midpoint

    CODI is Pleased to Announce that the Private Sale of $CODI has Came to a Midpoint

    CODI, a new DEX ecosystem built on the Solana blockchain with a focus on speed and low-cost transactions, has announced the start of the CODI token private sales. The private sales began on the 28th of September and will finish on November 14th.

    What is CODI finance?

    CODI is a fully decentralized exchange platform built on the Solana blockchain that allows users to exchange virtual tokens, transfer funds easily between wallets, trade various cryptocurrencies, stake, and ensure market liquidity. By improving access to DEX services, they aim to become the ultimate decentralized exchange protocol.

    According to their website and whitepaper information, CODI intends to use the Solana blockchain to provide faster transactions at a low cost in the DEX sector. Optimizing transaction speed and cost will open up the DeFi market, transforming it into a free space where anyone can easily transact. In addition, the scalability issue that has plagued other DEX built on the Ethereum blockchain is now resolved thanks to the Solana blockchain’s proof-of-history consensus utilized by CODI.

    CODI’s IDO Launchpad and NFT Marketplace for artists and collectors are two features that set it apart. The IDO Launchpad is an integral part of the CODI ecosystem. This initiative assists DeFi projects in raising funds more safely and efficiently for upcoming DeFi crypto launches. In addition, CODI addresses a fundamental issue that affects IDO Launchpads: first-come, first-serve. Some people use automated bots to fill up whitelist spots in seconds, despite other participants having tokens. CODI’s goal is to become a fully decentralized ecosystem where everyone has an equal opportunity to invest.

    The CODI’s NFT marketplace is also intended to enable artists and collectors to trade NFTs quickly and securely. CODI’s goal is to solve the problem of slow transaction speeds and high transaction costs that currently plague the major NFT marketplaces. CODI would create an NFT Marketplace using the Solana blockchain, allowing users to trade quickly and at a low cost.

    The CODI Ecosystem appears to stand out from the crowd; you can learn more about this great project by visiting their website at www.codi.finance.

    More Details on the Private Sales

    As previously stated, the private sales are still ongoing and will last until the end of October. The pre-sale is a chance for crypto enthusiasts to participate in what appears to be the ultimate decentralized exchange protocol. It truly has the potential to change the DEX sector. The total supply for the private sale is 99 million $CODI, or 30% of the total supply of 330 million CODI. For the private sale, the price is listed as USD 0.02. According to reports, CODI has sold out 30 per cent of the allocated supply for private sales. The sales show that other cryptocurrency enthusiasts see the token as a good investment opportunity.

    To take part in private sales, you can contact them at sales@codi.finance, and they will guide you through the process.

    You can also follow them on their social media channels to be a part of the community:

    Twitter: https://twitter.com/Codi_Finance
    Discord: https://discord.com/invite/kEw8RkMU
    Telegram: https://t.me/codi_finance_community

  • After Raising $8.5 Million from Private Investors, Portal Announces Republic.co Offering

    After Raising $8.5 Million from Private Investors, Portal Announces Republic.co Offering

    San Francisco, United States, 27th October, 2021,

    Portal, a self-hosted wallet and true cross-chain Layer 2 DEX built on Bitcoin, is delighted to announce its public equity sale through Republic.co, a multi-asset investment platform that allows anyone to invest in vetted, private startups. The public sale will take place mid-November. 

    Portal is extending the capabilities of bitcoin to lay a more robust foundation for self-sovereign finance. The team truly believes that the participants make the project, and want to ensure that those who support delivery of a truly decentralized financial network, including collaborators, users, and Republic investors alike, enjoy the growth of the company as much as the founders do.

    According to Republic, their vetting process only approves 3% of startups to fundraise on the platform. The upcoming equity offering will allow the general public to invest in an ambitious project building DeFi on top of the Bitcoin blockchain. 

    Portal CEO Eric Martindale said, “I’m tired of watching unsophisticated users be swindled into losing their money on insecure systems masquerading as decentralized wünderkind. By leveraging Bitcoin’s smart contract capabilities, Portal can deliver on the promise of truly decentralized finance. The world is about to recognize the power of self-sovereign money in a very big way, so we’ll be seeing unprecedented volumes of capital moving into Bitcoin. We seek to give all digital assets a market in which they can fairly trade, in a trust-minimized way, and backed by Bitcoin’s security and price discovery.”

    Last month, Portal announced an $8.5 million round from prominent private investors including Coinbase Ventures, ArringtonXRP Capital, OKEx, Republic.co, Shima Ventures, LD Capital, NGC Ventures, Gate.io, Monday Capital, GenBlock, Taureon, MarketAcross, Autonomy Capital, Krypital, B21 Capital as well as the senior executives and founders from Ethereum, DFINITY, MobileCoin, Tether (USDT), Galaxy Digital, Bitcoin.com, Republic, Centre.io, Polymath, Æternity, Hedera Hashgraph, Reef Finance, GlobeDX, FIO, Portion, and 4K.

    Participation Details

    Investors from around the world, including the residents and citizens of the United States, will be able to participate in the sale. They’ll have the option to fund their purchases via fiat or in BTC, USDT, USDC or ETH.

    The number of investor slots – which will be filled on a first-come, first-serve basis – is capped at 1,900. Portal expects the public offering to sell out on the very first day. 

    Investors keen to participate in the offering can get on the whitelist ahead of the time via the Due Diligence Sign-up Form. Registering for the whitelist does not guarantee a spot, though.

    About Portal

    Portal is DeFi built on Bitcoin. It makes DeFi unstoppable with anonymous, zero-knowledge swaps via the first true cross-chain DEX that’s genuinely trustless. It eliminates minting wrapped coins (ie wBTC, wETH) or risky staking with intermediaries. With Portal, DeFi becomes a service that anyone can provide, maintaining anonymity within open, transparent markets with a security model as robust as Bitcoin mining. 

    Fabric Protocol is Portal’s Layer 2 and Layer 3 technology that enables building censorship-resistant communications, media and one-click cross-chain swaps, all on Bitcoin. 

    Stay tuned to our social channels to catch all the updates regarding the Public Sale!

    Contacts
    • George Burke
    • george@getportal.co