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Why Cryptocurrency Swap Services are Crucial for Crypto Investors?

Be prepared when the inevitable bull run comes around

The cryptocurrency market can be a very unpredictable place. The volatility of prices and the speed at which drastic changes can take place make investing in crypto assets exciting and at the same time very stressful.

There is no worse feeling than seeing massive bullish action at play and being unable to create a cryptocurrency exchange account to take advantage of the buying opportunity since the verification process is ground to a halt due to the unprecedented spike in user activity.

We’ve seen this exact scenario play out in 2017 when the exchanges simply were not able to keep up with the user demand. Consequently, the verification process at popular exchanges, such as BitStamp or Kraken, took more than a month to complete. The scenario repeated once more earlier this year when Bitcoin’s rise to its all-time high was accompanied by exchanges not being able to onboard all the users in a timely manner.

During the so-called Black Swan-type events, such as the recent May crash, even some of the biggest exchanges were negatively affected. Coinbase users, for instance, were not able to use the exchange for more than an hour due to a massive cryptocurrency plunge.

Market conditions described above show the importance of cryptocurrency swap services, which offer near-instantaneous exchanging of one digital currency to another and of the fastest ways to buy tokens with fiat currencies.

Exchange cryptocurrencies almost instantaneously using crypto swap services

As one of the leading European non-custodial instant cryptocurrency exchange platforms, InstaSwap offers buying, selling and swapping at the best rates. InstaSwap’s suite of services is a godsend for those who are looking for the fastest way to swap between various coins or to buy digital currencies using cash funds.

InstaSwap supports exchanging between more than 130 cryptocurrencies, with plans of additional tokens being added in the future. All the major cryptocurrencies, including BTC, ETH, LTC, BNB are obviously available as well as the most popular stablecoins, such as USDT and USDC, which can be useful when the market is particularly unstable.

Using InstaSwap is a very straightforward and simple process. First, choose the crypto pair you would like to exchange (for example Bitcoin for Ethereum) and the exact exchange amount. After you have made the selection and decided how much BTC you would like to spend, you need to provide the wallet address to which you would like to receive the funds (in this case ETH). The “Exchange” section can be seen in the image below.

After the initial part of the process is complete, InstaSwap will send a Bitcoin address to which you need to send the amount of BTC you would like to spend on buying ETH. When the transaction clears, you will receive ETH in your specified Ehtereum address.

In order to find the best rates, InstaSwap uses rates provided by cryptocurrency exchanges, such as Binance and Kraken.

The transaction processing speed ranges from just a couple of minutes to 30 minutes. Keep in mind that the final amount of funds received can vary slightly depending on the price volatility of the crypto asset during the swapping process. Transactions carry a 0.25% fee, which is taken from the amount deposited in each currency.

In addition to crypto swapping options, USD, EUR, GBP and 40 other fiat currencies can be used to buy crypto. However, opposed to the crypto-to-crypto service, the fiat-to-crypto feature requires proof of identity, which varies depending on the country you are resident in. The verification process usually takes between two and thirty minutes. The minimum purchase price for buying crypto with fiat is €150.

August 6, 2021
Blockchain Platform Ethernity Chain Announces “The Messiverse” Has Arrived
Barcelona, Spain, 4th August, 2021,

Blockchain platform Etherity Chain (CC:ERN-USD) today announced the “The Messiverse”, the First Ever Licensed, Authenticated NFT collection from Lionel Messi. This Ethernity exclusive partnership lies beyond the scope of a single series, set piece, or footballer. This NFT collection, part of the “Messiverse” is as big as the legend of Lionel Messi himself: The Messi Collection will be available beginning August 20th at 5:00 PM EDT, exclusively at ethernity.io.

The Messi Collection includes:

● “Man From the Future” by Bosslogic

● “Worth the Weight” by Bosslogic

● “The King Piece” by Bosslogic

● Untitled by Impossible Brief

Leo Messi has racked up every individual accolade a soccer star can collect: a record 6 Ballon d’Or awards, 750 career goals, the most goals ever for a single club, the Argentine record, 34 career trophies from La Liga & UEFA Champions League Titles to the recent Copa America crown. He won the Golden Ball and made the World Cup Finals. The epic goal scorer and playmaker is now immortalizing his legacy in blockchain form. Fans worldwide can now collect Ethernity’s feature pieces cementing his value and iconic play-making abilities in immutable digital form forever.

Four pieces comprise the drop and portray the soccer superstar in futuristic AI-driven bionic form, as an Atlas-like character holding up the world of soccer, the “King” of creative soccer stardom, and a yet to be revealed piece coming on the day of the launch.

Our soccer agency partners ISL were instrumental to the creation of this NFT Partnership.

About the Artist

Bosslogic is an Australian Artist gaining stardom through the wide world of social media, who has gained popularity through the eponymous entertainment industry. His previous work has included Marvel End Game and Disney among others. With millions of followers’ support, Bosslogic is deemed as one of the most popular and influential artists in Australia. Bosslogic collaborated with Ethernity on its first pre-launch NFT series.

Artist Statement

The collection is a set of pieces outlining achievements, moments, team love and future accomplishments – focusing mainly on the man himself. Overall I wanted them to be subtle yet impactful within the pieces that loop. Working within the NFT space has been a wild ride getting to do new things and collaborate with people that I never thought I’d get the chance to. Now thanks to Ethernity the dream of working with one of my favorite people in the world and one of the G.O.A.T.s of our time, Messi, I have had the honour and privilege to create a set of pieces for the icon; to go down in history as his first singular NFT drop!

About Ethernity Chain

Ethernity is the groundbreaking authenticated NFT project that auctions verified artwork featuring the top artists and stars from sports, music, film, gaming, tech, history and entertainment. Each of these digital artworks is represented as a non-fungible token (NFT). The pieces feature well-known public figures, and a portion of all funds raised from the endeavor will be donated to charitable causes. Ethernity Chain combines the utility of DeFi and merges it with NFTs to create an exclusive pipeline to rare, collectible content from notable figures and well-established digital artists.

Contacts
- Steve D’Agostino
- steve@ethernity.co
August 4, 2021
Bingbon Partners with Paxful Expanding Fiat-to-Crypto Instruments
Singapore, Singapore, 4th August, 2021,

Bingbon.com/– Derivatives-based social trading platform Bingbon has partnered with Paxful, a peer-to-peer finance platform for people to make payments, transactions, and send money by buying and selling cryptocurrencies as a means of exchange.

As a result, users can take full advantage of Paxful’s fiat to crypto network directly on Bingbon’s trading platform.

Not only will Bingbon users be able to fund their accounts directly with local fiat currency using Paxful’s nearly 400 payment methods, but they also have access to a one-stop crypto derivatives trading platform.

Without a doubt, this joint initiative between Bingbon and Paxful creates new trading opportunities for users. Aside from Bitcoin, traders can obtain other cryptocurrencies with a large variety of different fiat currencies. Paxful’s Bitcoin Virtual Banking allows users to find sellers who meet the criteria of their Bitcoin trading needs instantly. Further to that, users can conduct payments quickly through Paxful on Bingbon.

“Crypto accessibility is key in order to spur adoption and highlight its use case as a means of exchange. That is why we’re thrilled to partner with Bingbon to make trading cryptocurrency even more seamless to their millions of users,” said Ray Youssef, CEO, and co-founder at Paxful.

All in all, the partnership is intended to provide users of Bingbon with access to multiple new payment options through the Peer-to-Peer marketplace offered by Paxful. The integration has the general objective of simplifying and facilitating access to digital assets for users worldwide, which reflects Bingbon’s mission of accelerating digital finance by technology.

“We are glad that we’ve integrated with Paxful. For Bingbon, this means introducing and exposing our users to a new trading experience. Bingbon users can find nearly 400 different ways to buy digital assets via Paxful. All of this is in line with our goal to make the crypto market more accessible to everyone. Furthermore, we will be able to penetrate the Latin American market even more aggressively than before.” said Elvisco Carrington, Communications and Partnership Manager at Bingbon.

About Bingbon

Founded in 2018, Bingbon is a crypto social trading exchange that offers both cryptocurrency spot & derivatives trading services. As a crypto social trading network, Bingbon is committed to giving users access to smarter cryptocurrency trading strategies and ensuring users invest in a simple, engaging, and transparent way.

For more information, please visit https://bingbon.com.

About Paxful

Paxful is a peer-to-peer finance platform for people to make payments, transactions, and send money by buying and selling cryptocurrencies as a means of exchange. Founded in 2015 by Ray Youssef and Artur Schaback, Paxful’s mission is to help everyone have equal access to finance no matter who or where they are. Six million people use Paxful to buy and sell Bitcoin (BTC), Ethereum (ETH), and Tether (USDT) with almost 400 different payment methods.

Ray Youssef, co-founder, and CEO of Paxful set up the Built with Bitcoin Foundation to help people have access to education and water. To date, the foundation has built six schools (two in Rwanda, two in Kenya, and two in Nigeria), multiple water projects, and cultivated dozens of farms. The Built with Bitcoin Foundation is funded by Paxful and the cryptocurrency community.

Contacts

Communications & Partnership Manager
- Elvisco Carrington
- Bingbon
- media@bingbon.com
August 4, 2021
Enjin’s Efinity (EFI) Token Launches on OKEx, Blockchain.com Exchange, CoinList

SINGAPORE, 4 August 2021 — Enjin has announced the public release of the Efinity (EFI) token, the native utility and governance token for the Efinity non-fungible token (NFT) blockchain. On its release date, EFI will be listed on OKEx, Blockchain.com Exchange, and CoinList, alongside DEXs like Uniswap and SushiSwap. The token supply is capped at 2 billion.

Enjin announced Efinity in March, a next-generation blockchain purpose-built for NFTs, alongside an $18.9M private sale. Efinity is being developed as a Polkadot parachain, and will support NFTs from any network. According to Enjn’s latest development updates, the team has an internal alpha version of Efinity synthetically testing at 120 million transactions per block, with a block time of 6 seconds, though performance degradation is expected as Efinity moves towards open beta.

Instead of being solely dedicated to processing smart contracts, Efinity’s blockchain initiates minting, transferring, burning, and trading of tokens at the base layer of its runtime logic. This means no heavy smart contracts, smart contract languages, or smart contract infrastructure is needed to initiate advanced token transactions on the Efinity parachain.

Enjin is also developing a new token standard called Paratokens, which will be compatible with the entire Polkadot and Kusama ecosystem. Optimized batch and storage operations will allow up to 40 million NFTs to be minted or transferred in 1 transaction. Enjin will also launch a REST API for interacting with Efinity, which will be compatible with the official Polkadot.JS wallet.

In the future, Enjin Coin holders will be able to nominate the most efficient and stable nodes that run the blockchain, earning EFI rewards for their active participation. Through community governance, holders of the EFI token will be able to vote on governance proposals and treasury grants to steer the network’s future. EFI will also be able to process transactions to mint, send, and trade NFTs, as well as move them across Efinity bridges and onto neighboring blockchains.

About Enjin

Enjin is the all-in-one platform for developing scalable, interoperable blockchain ecosystems, making it simple for anyone to adopt NFTs. NFTs are central to the Enjin ecosystem, which offers a comprehensive product stack for creating, integrating, trading, and distributing NFTs on a scalable and almost-zero fee platform. Enjin’s products see wide application in blockchain games, applications, enterprise programs, and innovative marketing campaigns. For more information, visit https://enjin.io.

About Efinity

Efinity is a next-generation blockchain for NFTs developed by Enjin on Polkadot. Boasting over 1000 TPS and the full interoperability power of the Polkadot ecosystem, Efinity is the ideal network for utilizing NFTs in an environmentally friendly, scalable way. The native EFI token is the multi-purpose Paratoken used to pay transaction fees, maintain liquidity of tokens on the network, reward network participants, and vote in Efinity on-chain governance. For more information, visit https://efinity.io.

August 4, 2021
KuCoin Brings Trading Bot to Web Users to Optimize Investment Methods
Victoria, Seychelles, 4th August, 2021,

KuCoin, a global leading crypto exchange, is proud to announce today its new Trading Bot service. As a free intelligent trading tool, it can help increase overall profitability for cryptocurrency traders. The Trading Bot solution is now available to all users on mobile and through the web interface.

The KuCoin Trading Bot solution provides numerous benefits to cryptocurrency traders, including convenience, efficiency, and powerful strategies. More importantly, this new tool is accessible to users regardless of their trading experience, as it is designed in such a way to help many people improve the overall profitability of their traders. Currently available through the KuCoin App, and the web, users can experiment with the different options at their disposal.

KuCoin has several critical reasons for launching this new free product. First of all, the team wants to bring professional investment tactics to everyday crypto traders and users. Trading Bot has simple yet effective trading strategies. Its AI-based parameters will help users gain more profits, and the solution can learn to become

better. For traders, it removes the need for spending hours upon hours of researching market opportunities.

“Unlike other financial markets, crypto trading occurs on a 24/7/365 scale. Human traders can’t keep up with the ongoing changes,” said Johnny Lyu, CEO of KuCoin Global, “KuCoin acknowledges that its Trading Bot tool will solve the problem of needing sleep and trading based on emotions. It is a passive approach to trading cryptocurrency and maximizing one’s potential profit. Traders will have more time to enjoy life and do what they like, knowing that their crypto trading portfolio is working on their behalf.”

Whether one is a novice or advanced cryptocurrency trader, the KuCoin Trading Bot makes it easier to access the crypto world and diversify one’s portfolio. Its growing range of trading strategies caters to the needs of low-risk and high-risk traders alike. Trading Bot supports Spot Grid (spot trading), DCA, Futures grid, and Smart Rebalance. Every option serves a particular purpose, and users are free to switch between them at their leisure.

Although there are competing solutions on the market, KuCoin’s Trading Bot will receive continuous updates and optimizations. Moreover, its strategic functions will provide the best of convenience and time-saving. The Trading Bot also provides free investment education services on-demand for traders. Over 2.5 million KuCoin users use the free Trading Bot, and the team will launch more trading bots in the future.

The web version of Trading Bot goes live today, and can be accessed through one’s account under the “Trade” and “Trading Bot” menus.

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.

Contacts
- Yolanda Yang
- media@kucoin.com
August 4, 2021
Decentralized IDO Platform Rocket Launchpad Launches in the Tezos Ecosystem
Press Release: Rocket Launchpad is launching a Tezos-based IDO platform, allowing users to invest in the latest Tezos-based projects.

3rd August, 2021, Tortola, British Virgin Islands – Recently, the Tezos ecosystem has seen several high-profile partnerships, including collaborations with McLaren and Red Bull Racing. Since its launch, the number of projects currently using Tezos has grown to a total of 135. As its popularity continues to rise, a need for an efficient means to support early-stage projects is steadily starting to appear within the ecosystem. Rocket Launchpad is providing the solution for developing Tezos-based projects, with the aim to keep and grow the ecosystem’s fast pace of development.

Rocket Launchpad is a decentralized Initial DEX Offering (IDO) platform built on the Tezos blockchain. It provides an efficient and secure method of investing in the rapidly growing number of Tezos projects. The platform is set to launch in August, with a corresponding token sale for its native token, $RCKT.

What Is Rocket Launchpad?

Rocket Launchpad enables users to participate in pre-sales and early liquidity farming for projects in the Tezos ecosystem using one easy-to-use interface. The launchpad will also vet each project’s code thoroughly, ensuring each project is secure, scalable and achieves the founders’ objectives. Rocket Launchpad aims to leverage this assurance to open up a larger bank of resources for investment in and support for the ecosystem.

Specifically, early-stage investors using Rocket Launchpad will encounter a tier-based system – dubbed “Rover Missions” – which functions as the platform for participating in IDO launches. The Rover Missions tier-based system allows users to access new Tezos-based project IDOs by staking their $RCKT. The more $RCKT a user stakes, the higher their chances of gaining pre-sale access to a launch pool.

Naturally, each of the three main tiers are space-themed, and include:
- Triangulum – Stake up to 25,000 RCKT to qualify,
- Milky Way – Stake up to 250,000 RCKT to qualify,
- Andromeda – Stake up to 2,500,000 RCKT to qualify.
With all projects vetted via the air-tight Rocket submission process, IDOs launched on Rocket Launchpad remain secure for all interested investors. Rocket never handles any funds so as to ensure the most decentralized approach possible is used. Moreover, Rocket Launchpad uses Crunchy’s Deep Freezer, which guarantees projects subscribing to the platform remain a trustless and decentralized process.

Finally, when a project undertakes an IDO using Rocket Launchpad, the platform requires them to lock between 30% and 75% of the offered liquidity into Crunchy’s deep freezer for a pre-specified period of time. In effect, this guarantees IDO hosts cannot run away with those funds for that specified period of time.

Rocket Launchpad is Steering the Tezos Ecosystem

Indeed, Rocket Launchpad has already seen its first pre-IDO success. In July 2021, Rocket Launchpad launched GOeureka Travel, a project seeking to revolutionize the way we book travel. Its native token, $GOT, aims to drive cost efficiency for travel enthusiasts using a fixed 5% commission structure. Helping pioneer this venture, Rocket Launchpad saw the maximum offering of 97,251 $XTZ (worth $278,000 at the time) swapped for $GOT during the IDO launch – marking the platform’s first-ever sell-out.

Furthermore, in collaboration with gif.games, Rocket Launchpad formed “The Dream Team.” The first planned IDO will be launched on the platform in mid-August, with 20,000,000 $GIF tokens on offer to raise a total of 100,000 $XTZ. This IDO will be accessible to users via the aforementioned tier-based staking model.

The Future of Rocket Launchpad

For Rocket Launchpad, the year has been packed with development objectives. In Q2 2021, the team accomplished their goal of completing the initial $RCKT private sale, smart contract completion/testing, and IDO project onboarding. These milestones set the stage for their Q3 and Q4 roadmap developments.

In the following quarter, $RCKT staking, LP staking (30% APY), marketing, and the first planned IDO Launch ($GIF) are set for liftoff. To seal the future of Rocket Launchpad and its establishment in the Tezos ecosystem, Q4 will see fully audited smart contracts, insurance-backed contracts, and a baking service IDO funding pool.

For more on Rocket Launchpad and how its IDO platform is steering the Tezos Ecosystem, visit their website.

Follow Rocket Launchpad on Twitter.

Join the Rocket Launchpad community on Telegram.

Stay up-to-date via Rocket Launchpad’s Discord.

Read Rocket Launchpad’s blog on Medium.

Media Contact:
- Contact name: Colin Cooley
- Contact email: support@rocketlaunchpad.io
ROCKET LAUNCHPAD is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest
August 3, 2021
Top 3 Coins to Watch – Week 31

With the cryptocurrency markets making quite a noticeable recovery in Week 30 we are already looking forward to the potential gains of Week 31. Throughout Week 30 the total cryptocurrency market capitalization rose from $1.44 trillion to $1.65 trillion, which is one of the highest weekly relative increases in a while. In addition, Bitcoin rose back above $40,000 and kept trading above that valuation for more than two days. Is this the bullish signal we have all been waiting for? Which coins do you think can climb even higher? Find out three high-potential ideas below.

1. Ethereum (ETH)

Ethereum is an open-source distributed blockchain that pioneered smart contract functionality. It operates as a decentralized virtual machine that can execute scripts. The smart contracts operate in a fast, immutable and trustless manner, while the speeds and capabilities of the Ethereum blockchain are going to further increase when Ethereum 2.0 is fully launched. Ethereum’s native asset Ether (ETH) is currently the second-largest cryptocurrency by market capitalization. Although it can also be used as a currency for transactions between different nodes, it is more commonly used to execute smart contracts. The Ethereum blockchain also hosts a number of ERC20 tokens with different utilities – these include Exchange tokens (BNB, OKB, HT, UNI), DeFi tokens (LINK, MKR, COMP, SNX, ZRX…) and several stablecoins such as USDC, DAI, TUSD, and USDT.

Buy/Sell ETH

Highly Anticipated London Hard Fork to Take Place on August 5

Although we already listed Ethereum in our top 3 coins to watch article for Week 29, the London mainnet upgrade is such an important milestone for the second-largest cryptocurrency project, that it requires another mention. We are now getting closer to block number 12,965,000, which will trigger the hard fork. It is now almost certain that the hard fork that consists of five Ethereum improvement protocols (EIPs), will execute on August 5. The most important is EIP-1559, which will make Ether gas costs more predictable and include a transaction fee burn feature that could potentially turn Ether into a deflationary asset. Although we are talking about a major hard fork, no action will be required by ETH holders, unless otherwise prompted by their cryptocurrency wallet service provider.

In addition, the hype around non-fungible tokens (NFTs) appears to be gaining new momentum, especially if we are judging by the Ethereum-based NFT series CryptoPunks, which captured the attention of several Ether whales. Five of the top 10 pixelated CryptoPunks portraits have changed hands in the past few days, among which, one sold for $6 million worth of ETH. The record-breaking sales drove the average price of a CryptoPunk NFT up by 53% in the last week of July. As of August 1, an average collectible NFT representing a portrait from the Crypto Punks series was valued $135,000.

But it is not only the prices of NFTs that are going up. Since we last wrote about Ethereum two weeks ago, the price per ETH has climbed by more than $500. ETH is currently changing hands at a price of $2.490 per coin but the price could further shoot up in the hours preceding the hard fork.

2. Neo (NEO)

The NEO project started its journey in 2014 under the name “AntShares” and launched its first mainnet in 2016 following a successful initial coin offering (ICO). Soon after that, in 2017, the project rebranded to NEO. Holders of the NEO token periodically receive GAS, which is used for deploying and running smart contracts and dApps on the NEO blockchain. Both tokens (NEO and GAS) have a maximum supply of 100 million coins. What makes NEO stand apart from other tokens is that is indivisible, meaning that the smallest amount of NEO one can hold is 1 NEO and that the NEO blockchain relies on a dBFT (delegated byzantine fault-tolerant) consensus algorithm. The NEO platform also supports issuing custom tokens, with NEP-5 being the most commonly used standard for NEO-based tokens.

Buy/Sell NEO

NEO Rolls Out the NEO N3 on the Mainnet

A few days ago the NEO team announced that they will be rolling out the highly anticipated NEO N3 to the mainnet on August 2 following successfully completing the testnet deployments. The revamped version of the NEO Legacy with an improved governance system and optimized architecture, NEO N3, is now already live on the mainnet. Besides already mentioned improvements, NEO N3 also introduced platform-native decentralized storage and data oracles. Combined with the platform’s multi-language support, NEO aims to remain a leading community-driven blockchain platform. Both NEO N3 and NEO Legacy currently coexist, and the forces of the NEO team are currently aimed at ensuring a smooth transition between the two versions. As stated by the team, the most critical step in the transition will be token migration, which will take on a two-step approach. NEO notes that the Early Bird migration will start one week following the NEO N3 genesis, this is August 9, while Mass Migration will start on September 1. During Mass Migration the NEO Foundation will run a special Token Migration Incentive Program to ensure that as many tokens as possible will be migrated to the newly-launched blockchain. Details regarding token migration can be found in the official blog post.

3. Chainlink (LINK)

Chainlink is a decentralized oracle network (DON) that provides data and price oracles, which act as a reliable feed of information for some smart contracts. Chainlink’s cryptocurrency price and real-world data oracles have seen numerous implementations and their popularity is still increasing. Their oracle service is one of the most reliable and trustworthy services available and the connection with smart contracts is end-to-end secured, leaving very little space for the manipulation of the execution of smart contracts. The platform ensures quality data by incentivizing providers of good data feeds. On the other hand, nodes that submit bad data will be punished by losing some of their staked LINK tokens. The project launched in 2017, when it also raised $32 million of funding through an ICO.

Buy/Sell LINK

Chainlink will organize its first Smart Contract Summit this week

The Chainlink team is organizing Chainlink’s first-ever Smart Contract Summit this week. The SmartCon, which will last from August 5, 8:00 AM to August 7, 6:00 PM EDT, will be packed with keynotes, panels, and workshops from more than 200 industry-leading speakers from the world of blockchain, DeFi and NFTs. On what is going to be the largest Chainlink event this year, the organizers are expecting more than 1000 attendees from all around the world, who will familiarize themselves with the latest innovations in hybrid smart contracts, cross-chain communication, and scaling security in the DeFi sector. Without a doubt, the event will help spread the word about Chainlink’s oracles and their versatile use cases. In addition, researchers and engineers from Chainlink Labs will shine a light on the progress of Chainlink 2.0. You can find the full schedule, list of speakers and registration form for the SmartCon here.

August 3, 2021
Wells Fargo Provides Cryptocurrency Exposure to its Wealthy Clients
Key takeaways:
- Wells Fargo spokesperson spoke with Bussiness Insider and told them about the bank’s plans about offering crypto services to its “qualified investors”
- The offering will be limited to customers with an annual income of more than $200,000 or a net worth of more than $1 million
- Wells Fargo joins the trend of large financial institutions offering cryptocurrency-related products and services
Wells Fargo is set to become the latest among the growing group of large financial institutions to provide Bitcoin and digital currency exposure to its wealthy clientele, according to Bussiness Insider.

Wells Fargo cryptocurrency offering is limited to “qualified investors”

The first report of Wells Fargo showing interest in offering crypto services to its clients dates back to May of this year when the bank’s Wealth and Investment Management division toyed with an idea of implementing an actively managed Bitcoin investing service for high-net-worth clients.

At the time, the Wells Fargo Investment Institute (WFII) said: “WFII believes that cryptocurrencies have gained stability and viability as assets, but the risks lead us to favor investment exposure only for qualified investors, and even then through professionally managed funds.”

It seems that the initial plans finally came to fruition after months of deliberation, despite the company’s wariness of cryptocurrencies’ murky legal status. Initially, Wells Fargo intends to offer crypto services to its wealthier clients, dubbed “qualified investors”, specifically those with an annual income of more than $200,000 or a net worth of more than $1 million. The details about how exactly Wells Fargo’s offering will function in practice are not yet known.

Buy/Sell BTC

Wells Fargo joins JPMorgan and other financial institutions in offering crypto-related services

A little over a week ago, on July 19th, JPMorgan announced that it will start providing crypto funds to its wealth clients. JPMorgan’s offering differs from Wells Fargo in several ways.

Firstly, JPMorgan decided to lower the limitations for the eligibility of the service offered much lower. All clients who have their funds managed by JPMorgan advisors and those who use the Chase trading app are eligible to take advantage of the cryptocurrency offering.

Additionally, JPMorgan already made clear how it plans to implement its crypto service into its existing product suite. The financial giant will give the option to its clients to decide between investing in five approved funds, which include Grayscale’s Trusts and Osprey Bitcoin Trust. Furthermore, the banks’ advisors are forbidden from recommending crypto products themselves, they can only follow their client’s instructions.

The institutional interest in the cryptocurrency industry is growing, mostly due to bank customers themselves expressing their interest in making investments in crypto assets. For instance, the investment banking giant, Morgan Stanley, is actively pursuing adding additional crypto offerings to its growing number of financial products. Morgan Stanley was the first big US bank to offer access to Bitcoin funds, however, the initial offering was very limited.
August 3, 2021
Join The Best Marketing ICO and Revolutionize Blockchain Marketing!
The fast-paced nature of the blockchain industry means that new crypto projects face the problems of a highly competitive market. This makes marketing a major aspect for projects to have a chance to gain traction within the crypto community.

However, existing marketing services are highly centralized, expensive, and skewed towards large projects with substantial marketing budgets. Smart Marketing Token is seeking to resolve these problems with its innovative platform.

What is Smart Marketing Token

Smart Marketing Token (SMT) is the first tokenized marketing agency that wants to decentralize the entire blockchain marketing process. Furthermore, it intends to support new projects that enter the cryptocurrency world with a professional and flexible marketing approach.

Smart Marketing Token achieves this with its utility token SMT that decentralized marketing and advertising services. SMT serves as a bridge between the agency’s services and clients, leading to an effective marketing strategy. Projects will need to buy SMT directly from supported exchange and transfer it to Smart Marketing Agency to access marketing services.

As the client base of Smart Marketing Agency grows, the demand for SMT will also increase directly, spiking the token’s value. Holders can also speculate on the token and also benefit from various utilities and buyback programs.

Smart Marketing Token has already collaborated with the fast-rising blockchain platform Student Coin. Student Coin (STC) is an academic-focused blockchain platform that raised $21 million in its ICO on April 22, 2021, and ranked within the top 500 crypto on the coin rankings. Smart Marketing Token will serve as the marketing tool for promoting tokens created within the STC terminal.

Smart Marketing Token Features

Smart Marketing Token has several features designed to ensure that it runs a sustainable and optimal marketing ecosystem for users. Some of the features include.

Fixed fee promotion: SMT provides a flexible marketing structure for projects that perform ICO, IDO, and IEO. There are no initial fees, and projects are billed based on a fixed fee commission from generated net profit from events (IDO, ICO, IEO). SMT also provides marketing promotion for all ICO launchpads listed on the Student Coin Terminal at a service charge of 3% of the total net profit raised from the ICO within the STC ecosystem.

Governance and Voting: SMT token serves as a governance token, and holders will be able to vote on new proposals every quarter. Some of the proposals include decisions on new projects that the marketing agency should promote. SMT holders with significant holdings will have considerable influence during the voting process. The governance feature indirectly impacts the value of SMT by ensuring that only quality projects that will succeed are chosen for promotion.

Staking: Smart Marketing Token intends to introduce a staking and buyback program. SMT holders will be able to stake their tokens for a fixed percentage reward yearly. SMT token buyback will be done using part of funds raised from B2B clients and redistributed to SMT token stakers.

Educational service: SMT is a platform that seeks to spread marketing information from experts and will build an educational marketing platform. The educational platform will be available to only SMT holders who can access content on tips and tricks from marketing experts.

Automated Marketing service: Smart Marketing Token will build a platform that will allow projects to purchase marketing services automatically. Once a marketing service is purchased, SMT freelancers available 24/7 will perform tasks and provide a fast turnaround time for clients.

Backed by top stakeholders in the blockchain industry

Smart Marketing Token (SMT) is backed by top blockchain stakeholders and is led by Daniel Bihun. Bihun is a digital marketer with more than a decade of experience establishing brands and serves as the Chief Marketing Officer (CMO) of Student Coin (STC). Smart Marketing Token core team consists of members with backgrounds in content marketing and graphic design.

The marketing blockchain platform also has an advisory board that consists of Wojciech Podobas, CEO and founder of Student Coin. Other members also include Gabriela Mrozek, Marketing Manager at Microsoft, and Ph.D. Dagmara Plata-Alf, president of the Marketing and Digital Transformation Council

Smart Token Marketing partners include Student Coin and Coinzilla, with the platform set to collaborate with more companies in the coming months.

Smart Marketing Token (SMT)

Smart Marketing Token (SMT) is an ERC-20 token that is designed to provide value to holders. It serves as the utility token and will be used to pay for marketing services within the Smart Marketing Token ecosystem.

SMT has a total supply of 10,000,000 tokens that will be issued. The token distribution is as follows.
- ICO sale – 55%
- Airdrop – 5%
- Marketing – 15%
- Development – 10%
- Team and advisory board – 15%
Smart Marketing Token ICO

Smart Marketing Token will launch SMT via an ICO (Initial coin offering) starting from August 2, 2021, for community members and the public to purchase SMT tokens. The ICO will run until October 31, 2021, and will be divided into 100 phases. Each phase has a target cap of $20,000, with subsequent phases attracting a 1% rise in SMT value. ICO participants can buy SMT using their Credit Cards, Coinbase, or MetaMask Wallet on the Smart Marketing Token website.
August 3, 2021