SINGAPORE, May 4, 2021 — Cryptocurrency exchange Bybit will launch in May Bybit Cloud Mining, a mining-as-a-service (MaaS) product that gives users instant access to ether (ETH) mining from as little as $100.
Democratizing and de-risking crypto mining
The relentless growth of cryptocurrencies in recent months has caught mainstream attention and fueled a surge in interest in crypto mining — or receiving crypto tokens for verifying blocks of transactions.
The profitability of this endeavor, however, is hampered by a number of factors: the supply and price of the computer system, operation and maintenance cost, and electricity fees that render crypto mining costly and painstaking.
As the first entry to Bybit’s ByFi product suite, Bybit Cloud Mining aims to help users navigate the booming yet ever-changing industry by lowering the barrier to entry and ensuring a hassle-free approach to mining, thus opening the door to greater profitability and fewer risks. Bybit Cloud Mining offers hashing power, or hash rate, to a remote data center with shared computing power to mine ether. Users can start from as low as $100 and without ever having to run their own hardware.
Hop on, hop off: high visibility and profitability
Bybit Cloud Mining offers flexible 7-, 21-, and 42-day plans. Users can customize a short-term investment plan for greater profitability, while minimizing the risks of price fluctuations and unforeseeable market activities in the long term. The service will be instantly available upon purchase, come with 100% usability, and have any downtime covered by Bybit, allowing users to mine with greater confidence.
“We are really excited to introduce Bybit Cloud Mining, and think it is an ideal solution for users who are interested in crypto mining, but don’t want to be bogged down by the hassle of operations and hardware maintenance,” said Bill Xing, head of financial products at Bybit. “With Bybit Cloud Mining, all that users have to do is to purchase the amount of hashrate they want and sit back to see ETH harvested directly ‘from the cloud’.”
About Bybit
Bybit is a cryptocurrency exchange established in March 2018. The company provides online trading and mining services, as well as API support to retail and professional clients around the world.
Globe (GlobeDX) will organize its May 4, 2021 Initial DEX Offering (IDO) on Ignition, Superfarm, and DODO platform. The team aims to sell $3 million tokens at the price of $1 a piece, bringing the total cap for this token sale to $21 million.
The upcoming IDO for Globe’s GDT token will happen today at 11:00 UTC. GDT is the ERC20 utility token that will provide discounts on trading fees and other benefits to token holders.
Through this Initial DEX Offering, Globe aims to provide equal access to the GDT token globally. An IDO is the best way to do so, as Ignition, Superfarm, and DODO have built up a strong reputation for such token sales. Investors note a high return on their investment for all tokens sold through this launchpad.
As strategic partners in bringing the Globe vision to the world, Ignition, Superfarm, and DODO are top token sale platforms capable of facilitating awareness and adoption to Globe. Users will need to go through a whitelisting process to participate in the IDO. To do so, they have to complete the following process:
Following the Initial DEX Offerings, users will be able to access their acquired token as quickly as possible.
Globe will also organize an Initial Exchange Offering – IEO – with the help of Gate.io on May 6, 2021. The day after, there is the Globe community sale, which will require a very strict KYC process to be completed.
Once the token sale process is completed, Globe will launch a Liquidity Bootstrapping Pool on the Balancer platform. Balancer is a wellr-espected name in the cryptocurrency industry, as the platform has facilitated numerous LBP events successfully in recent months. Through the Liquidity Bootstrapping Pool, potential investors will engage in fair price discovery to acquire GDT at their preferred price.
By distributing the token sale across multiple IDOs, an IEO, and community sale, Globe will give all investors an equal chance of acquiring the GDT token at an early stage.
The token will provide a reduction in trading fees – depending on how many tokens a user holds – but can also be used to pay trading fees in the future. Lastly, it will serve as a governance token as Globe aims to decentralize ownership of this ecosystem.
About Globe
Globe is the crypto derivatives exchange pioneering the most exciting new derivatives products, delivering performance beyond any crypto or traditional financial exchange and building the future of digital assets markets. Globe is backed by Y Combinator, Tim Draper, Pantera Capital and recently ran a larger presale than Binance including over 200 strategic partners, some of which are listed later in this introduction.
Bittrex Global to be First Exchange to Integrate DigitalBits Mainnet
Bittrex Global also lists esports and gaming focused Zytara dollar (ZUSD) and protocol layer and NFT-centric DigitalBits token
3rd May 2021, Hamilton, Bermuda — Bittrex Global (Bermuda) Ltd. announced today that it will be the first exchange to integrate the DigitalBits blockchain mainnet, and support the DigitalBits ERC-20 token swap. Bittrex Global also recently listed both the Zytara dollar (ZUSD) and DigitalBits (XDB) token on its digital asset exchange.
ZUSD is a stablecoin that allows users to transact instantly, and aims to replace traditional payment methods currently utilized by online gamers and esports enthusiasts. The DigitalBits blockchain supports the tokenization of digital assets, including branded currencies and branded stablecoins. It was recently unveiled that Litemint, a leading NFT and collectibles marketplace, would be among the initial organizations to also integrate the DigitalBits blockchain for the purpose of introducing NFT functionality to the network.
Zytara, led by DigitalBits founder Al Burgio, has been in a rapid growth stage, strategically focused on building the financial infrastructure of tomorrow, today. In partnership with Prime Trust, Zytara launched ZUSD to serve the gaming and esports industry, providing Millennials, Gen Z gamers and esports enthusiasts with a dynamic new alternative to traditional payment solutions. ZUSD is fully collateralized, with Prime Trust serving as the issuer of ZUSD, and holding 1:1 USD reserves. Following its initial deployment on Ethereum, ZUSD will next be introduced to the DigitalBits blockchain, allowing users to take advantage of the network’s scalability.
Zytara has also launched Zytara Labs, a full-service production company and studio supporting musical artists, actors, gamers, esports teams and other brands with the creation, sale, and marketing of NFTs. The company develops innovative products and platforms that leverage blockchain protocols, such as DigitalBits and Ethereum.
“The gaming, sports and entertainment industries are ideally positioned for stablecoins and NFTs,” said Bittrex Global’s CEO Tom Albright. “The infrastructure required to ensure prizes can be distributed to anyone, anywhere in the world is currently lacking, and Zytara is looking to fill this exciting niche. Zytara’s ability to attract and support major influencers and brands with innovative NFT campaigns is clearly evident as recently unveiled with their support for the NFT collaboration with the Dole Sunshine Company and renowned artist, David Datuna.”
“We have reached a very exciting stage in the development of digital assets,” said Michael Gord, Managing Director of the XDB Foundation, leading contributor to the DigitalBits ecosystem. “As more mainstream brands and enterprises adopt digital assets, they will require support to effectively offer blockchain-based services to their customers, whether it be NFTs, loyalty rewards, security, or greater transparency. The DigitalBits ecosystem has attracted a wide array of organizations that are supporting the use of DigitalBits as an alternative network layer to the current blockchain landscape.”
The DigitalBits blockchain provides a network layer that enables anyone to easily leverage blockchain-based solutions, irrespective of their technical background. DigitalBits supports lightning fast, borderless transactions, ensuring fungible and non-fungible digital assets can move seamlessly between network participants, anywhere in the world.
Bittrex Global will be hosting a Live Video AMA with DigitalBits and Zytara founder Al Burgio on May 5th at 9:00am EST.
No dates have been announced for the completion of Bittrex Global’s integration of the DigitalBits mainnet and the upcoming token swap.
About Bittrex Global
Bittrex Global has one of the most secure trading platforms and digital wallet infrastructures in the world where customers can access exciting new products. Built on Bittrex’s cutting-edge technology, Bittrex Global provides a high-level experience for professional and novice customers alike.
The cryptocurrency markets have been recovering from last weekend’s dip throughout Week 17. The total cryptocurrency market capitalization, which currently stands at above $2.25 trillion, rose by more than 20% in the last week and continues to climb higher. In this article we list two coins and one token that are believed to see continued growth throughout this week as well. As usually, the reasoning for such claims can be found in the projects’ continued development, important announcements, deployment of new features or other events positively influencing the market sentiment.
1. Ethereum (ETH)
Ethereum is an open-source distributed blockchain that pioneered smart contract functionality. It operates as a decentralized virtual machine which can execute scripts. The smart contracts operate in a fast, immutable and trust less 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.
ETH sets new ATHs – It is only a Matter of Time before it Breaks $3,000
The very bullish sentiment that is currently present among Ethereum investors is likely a reflection of a successful competition of the Berlin hard fork and also expectation of the London upgrade, a more controversial hard fork that is going to implement changes to how Ethereum fees are calculated. Because of the recent launch of Polygon Layer 2 solution, Ethereum mainnet is less congested and transaction fees are already significantly lower already before the implementation of EIP 1559. Furthermore, Ethereum developers launcehed the first Ethereum 2.0 testnet on May 1. The testnet environment called “Steklo” (Slavic word for glass), which is available on three Ethereum 1.0 clients (Besu, Geth and Nethermind) and four Ethereum 2.0 clients (Teku, Prysm, Lighthouse and Nimbus) marks a very important milestone in the migration to Ethereum 2.0.
All these factors combined resulted in the fact that Ethereum is currently outperforming Bitcoin. ETH, which is up by almost 30% in past 7 days is currently trading just below $3,000, so the surge past this resistance level seems inevitable. In addition, ETH recently breached through an important resistance level versus Bitcoin and is currently still trading for more than 0.05 BTC per ETH. Additionally, Ethereum 2.0 staking has hit another round milestone. According to data provided by CryptoQuant, more than 4 million ETH coins, worth over $11 billion in total, have been staked on Ethereum 2.0. Furthermore, institutional interest for the world’s second largest cryptocurrency is also on the rise. Despite ETH’s amazing climb, former hedge fund manager turned entrepreneur and crypto veteran Raoul Pal sees it even higher:
Launched in September 2018, following an initial coin offering that raised $232 million in 2017, Tezos is a decentralized smart contract and application network that utilizes a modified version of Delegated Proof of Stake consensus model. Tezos blockchain features an on-chain governance system allowing holders to take part in the decision-making process. Developers can suggest changes or upgrades for the Tezos protocol, and if their suggestion gets approval from the community and is implemented, developers get rewarded with XTZ tokens. What makes Tezos blockchain stand out among other similar blockchains is its efficient network upgrade process as the protocol allows major upgrades to be implemented without the requirement of a hard fork. This system allows Tezos to adopt new technologies quickly. The native cryptocurrency of the Tezos platform is the XTZ token.
XTZ is Entering the Non-Fungible Token (NFT) space
Still very popular non-fungible tokens are coming to Tezos. Even though, the Tezos-based NFT marketplace called Kalamint is still in beta, the first community-owned NFT platform for Tezos has attracted quite some attention. Kalamint will let users create/mint NFTs native to Tezos at a fraction of the cost compared to marketplaces on Ethereum, while of course also supporting NFT buying and selling. The team behind this Tezos NFT marketplace promises to make the process of NFT creation as seamless as possible, which will allow artists to better focus on creation. In addition, the Tezos developer community still running a testnet, which is piloting a new type of consensus algorithm called Tenderbake. This revolutionary and unique consensus algorithm theoretically allows the blockchain to achieve block times of 1 second or lower. A brief look in the near past reveals that Tezos launched its own domain service called Tezos Domains on April 21 and a Tezos blockchain-based identity oracle TezID on April 1. Tezos saw nearly 6000 new smart contract deployments in April, which is almost 10 times as much compared to the month before. The network also surpassed a milestone of 1 million smart contract calls in April.
Pricewise, XTZ has been flying under the radar lately. While many other altcoins with a similar mission are trading at their ATH prices, XTZ is changing hands at over -50% compared to ATH price of $ 12.26 achieved during the great crypto market bull run of 2017. Given the project’s recent rapid development, we could see XTZ advance towards its recent highs. You can find more Tezos news here.
3. Uniswap (UNI)
UNI is the governance token of the automated market maker (AMM) protocol Uniswap. UNI tokens are ERC-20 tokens that allow holders to decide on the future of Uniswap by voting on proposals. Uniswap – the platform, which facilitates quick swaps between various Ethereum-based tokens, has recently been struggling to keep its users and market share because of high fees on Ethereum. The project is aiming to confidently reclaim the pole position with the launch of Uniswap V3.
UNI is up by 28% in the last week as investors are in high anticipation of the launch of the new and improved AMM protocol Uniswap V3. The new version of the protocol will feature multiple fee tiers, an enhanced set of range orders, advanced oracles, and debut Non-Fungible Token (NFT) liquidity. A full presentation of the features that are going to roll out with Uniswap V3 on May 5 is neatly summed up in this Twitter thread. Most importantly, the Concentrated Liquidity and Active Liquidity features are going to give Liquidity Providers (LPs) a lot more control over their assets in the Uniswap’s liquidity UNI token, which is currently trading at around $43, is slowly nearing in on its ATH of $43.73 achieved on April 29. The token, which recently hit $1B worth of monthly trading volume is likely to continue to appreciate in terms of value and importance even after V3 deployment, which will also bring enhanced UNI token functionality. In addition, trading volumes on Uniswap could pick up again as Ethereum fees drop lower and L2 solutions get integrated. Everything seem like UNI is poised to cross $50 by the end of May.
Despite recent advancement in the publishing industry, there is still one huge gap in the market for corporations, brands or publishers; converting printed content to digital the options are quite limiting. With recent advances in AI and blockchain technology, new companies like VersoView have found innovative new ways to streamline the conversion of printed content to a user-friendly digital format.
Issue with Print to Digital
Businesses can either use a “Flip-book” DIY process that converts the raw images to a new medium, use a company to manually convert publications across digital mediums, (Web, iOS, Android) or hire an entire team with an Adobe Manager to create branded apps for platforms like Apple News+. These solutions vary from clumsy and outdated to time-consuming and unaffordable for many users.
VersoView: AI-Backed Blockchain Solution
VersoView is an engagement and rewards platform hosting branded DeFi ecosystems, but is far from limited to this purpose. VersoView offers a brand new solution to print media conversion with its Engagement and Rewards platform, AI-powered patent-pending app, and deflationary (VVT) token.
The VersoView ecosystem combines blockchain and AI to provide a seamless digital environment when users can host, and engage their communities around high-quality content; without the heavy cost. The VersoView patent-pending AI technology allows for the seamless conversion of printed media into digital content via an automated process capable of batching a company’s entire back library.
The VersoView app uses OpenView for a rich user experience across web, iOS and android and boasts an enhanced layout, interactive features, with time efficiency being a focal point of the design. For the first time users can have huge amounts of printed content like magazines, corporate communications, and other media reimagined into aesthetically pleasing, readable digital formats.
VVT and Branded Social Tokens
VVT is the VersoView platform’s native token and the lifeblood of the whole ecosystem. It is a deflationary, multi-functional token that connects audiences and communities with the best possible quality content across digital mediums.
The VVT token also acts as a staking mechanism for minting Branded Social Tokens. Corporations, brands, publishers and institutions can stake VVT to create their very own Branded Social Tokens. These unique tokens are then used to reward their communities for various publications, educational resources, brands, reports, product stories, and more.
Publish, Engage and Reward with VersoView
One of the biggest strengths of VVT and Branded Social Tokens is how they combine to encourage community engagement through rewards and help the brands voice to really get heard by their communities. Alternatives like the flip-book DIY process, (besides their cost) do virtually nothing to capture the brand’s voice, foster community engagement or reward all parties.
With VersoView, digital publishers are rewarded with VVT through avenues such as ad placements revenue, while token holders, subscribers and communities benefit from the rich plethora of resources and features within the ecosystem. VersoViews engagement and rewards platform opens the door to what is now possible with AI, blockchain and innovation in the world of publishing.
By creating a self-sustaining ecosystem that benefits all the active parties equally, saves time and money while offering a seamless experience, promotion of participation through tangible rewards, VersoView’s AI-powered platform presents a strong use-case for print to digital publication.
VersoRewards Pool the Alpha Platform
The VersoRewards Pool shares both advertising and subscription revenue with all parties, with 2.5% of subscription revenue and 6% the advertising revenue allocated for staking to. This ecosystem model helps to increase revenue for publishers, foster community engagement, while subscribers will see rewards for their loyalty.
Big corporations, brands and publishers are already beginning their transformation to this generational leap through VersoView Alpha platform, and becoming a part of this revolutionary news phase of publishing.
With the BetaPlatform just around the corner, there is no better time to join the ecosystem than now. To learn more about VersoView or VersoReward Rewards, check out this link.
With Dogecoin exploding into the top 10 ranked cryptocurrencies, it’s no surprise that there was a strong wave of doggy clones. Every token was meme-based, either centering around dogs (from Doge) or Elon Musk himself.
Some enjoyed some epic pumps, but not many of them survived as another recycled clone always appeared to the point where people started to get tired of the same thing.
Well, if you are tired of the Doge/Elon clones, there is a new animal in the mix that sits very close to our hearts. Today, we would like to introduce you to Catnip Money – the only cat that can survive in this vast Elon-inspired dog kennel.
Catnip Money is not just your regular recycled clone. It offers innovative tech such as auto-liquidity injections and can boast about the first project in history with yield generating NFT’s.
So, if you are a fan of fair launches, groundbreaking technology, and most of all, adorable little felines, then $CATNIP might just be the right fit for you!
Catnip – Magic Internet Money 2.0
Catnip Money is in its very early days after launching on April 28th, when it went live on the Binance Smart Chain. Its Telegram group had soared past 2,000 members as cat-lovers, and crypto fanatics flocked into the community within hours. Most of all, it seems to be highly active, with over 50% of members online regularly.
The project generated so much appeal due to its provably fair launch. It managed to raise 250 BNB in seconds as investors piled in when their ICO went live. They implemented presale limits, so there was just 1 $BNB worth of $CATNIP available to purchase per account.
In the spirit of Dogecoin, there is a total supply of 1 quadrillion $CATNIP tokens. 95% of this went straight to the community through the presale and the liquidity pool. The liquidity was immediately locked until 2069, meaning that the project can NOT be rugged.
Only a tiny 3% went toward marketing and development, with the rest of the supply going to the IDO platform fee or bunt.
The team paid particular attention to the tokenomics of the project to provide sustainable gains for its holders. It achieves this via the protocol applying a “moon-tax” of 7% to each transaction which also prevents front-running within the market.
4% of this tax goes straight into the liquidity pool to “auto-inject” liquidity to provide sustained increases in liquidity. Alongside increasing liquidity, this also causes the circulating supply to decrease – reducing the total supply available to prospective buyers and helping to increase the price:
The other 3% of the “moon-tax” goes straight back into the pockets of holders. This means that your $CATNIP balance is continuously increasing when transactions are occurring on the blockchain. It turns the project into a self-yielding token, without having to stake or provide liquidity anywhere!
The last thing to mention on the tokenomics side is their Whale Control feature. They have implemented a maximum buy of 1% per transaction to stop whales and bots sniping large percentages of the supply to help protect holders against volatility price shocks.
The First Generation of Yield Generating NFTs
As for innovative tech, Catnip Money will be the first project to launch yield-generating NFTs. All holders of these special NFTs will be entitled to enjoy passive rewards in the form of their upcoming liquidity rewards token called PURR.
The PURR yield rate will be determined by the Attack rating of each individual NFT.
Initially, the team was intending to provide all presale participants with one NFT each. However, it seemed that bots sniped a large proportion of the ICO, so in the team ethos of fair distribution, they have decided to provide the Top 100 holders of $CATNIP ann NFT instead of delivering it the bots. Additionally, they will conduct a lottery of 100 Catnip Yield NFTs for token holders outside of the top 100 – giving everybody a chance to get hold of one.
The BEST part about these groundbreaking NFTs is the fact that they autonomously help to support charities – in perpetuity!
A percentage of each PURR transaction is sent directly to the wallets of different charities through the PURR smart contract. The team will work directly with the charities to set up their BEP-20 wallets so they can receive the donations.
The NFTs will be distributed through the PURR Garden Faucet, and the PURR token itself is slated to launch in early Q3, 2021. 40% supply will go to $CATNIP holders, another 40% will go to NFT holders, and 20% will go to LP owners.
Conclusion
Catnip Money is genuinely trying to stand out from the crowd of doggy/Elon Musk clones that have plagued the sector. It is evident that people are getting tired of the identical recycled clones, and $CATNIP might answer their frustration.
There are many other things to get excited about on their roadmap, including an ILO Presale, a host of different audits, exchange listings, the Catnip Money Podcast launch, and an NFT Marketplace.
With their strong tokenomic model and their groundbreaking NFT solution that will also support charities, Catnip Money certainly does have the foundations to become a solidified member of the entire industry.
Jigstack has completed its private and public funding rounds. By raising $3 million, the team can continue building the ecosystem and the various decentralized products and services. The oversubscription of its private rounds confirms the broader interest in how Jigstack will transform the decentralized finance world.
The private round included prominent investors such as Block FIlms, Moonwhale Ventures, Exnetwork, DHC capital, Blocksync Ventures, Gains, CSP DAO and X21 Digital.The private rounds were oversubscribed, confirming the global interest in this ecosystem. Consequently, the public sale – where $300,000 was raised – completed relatively quickly. Such overwhelming demand for exposure to Jigstack’s STAK token indicates investors are keen on exploring the governance and revenue-generating potential of this new asset.
As a decentralized autonomous organization governing multiple revenue-generating protocols, Jigstack has a bold vision for the decentralized finance industry. Rather than focusing on greed, inefficiency, and incompetence, the team introduces an ecosystem where quality standardization takes center stage. To achieve that vision, the tools and protocols must empower users, and DeFi needs to be for the people, by the people.
Multiple revenue products and protocols exist under the Jigstack banner. Tools include Lemonade – a multi-platform token sale launchpad – Stakbank – a staking- and rewards-oriented platform for the STAK token – and EthLink – a decentralized affiliate marketing solution. Other protocols in development include crypto gifting platform Santa, cross-chain bridge JigBridge, and high-end collectibles and art NFT marketplace “Gallery”.
All of these tools bring value to Jigstack’s STAK token, which receives a share of all transaction fees occurring via these protocols. Additionally, STAK holders govern the Jigstack DAO and all of its products. Jigstack paves the road for broader mainstream adoption of DeFi with a strong focus on quality assurance and interoperability.
“The grab, was the metaphorical ‘Microsoft of DeFi’ intending to do for defi and crypto what Microsoft did for personal computing. It’s needed and it’s a natural evolutionary curve. But the lightbulb moment for us was the concept of a well-organized DAO and the value potential of a single alpha coin governing an entire suite of decentralized financial tools. It’s basically an index play on the defi sector with a growth compounder.” Said Paul Mak of Bonded Finance
In the current landscape, decentralized finance primarily focuses on enriching the developer teams rather than empowering users. This creates a top-down approach rather than a level playing field for all participants. Jigstack’s vision is to create equal opportunities for all parties involved. More importantly, everything will be governed via the DAO, empowering token holders to help shape the future of this ecosystem.
“Decentralized finance and decentralized governance are two of the most promising concepts in modern economics. We couldn’t just sit on the sidelines and watch such an important endeavor compromised by vulnerabilities I thought could be well mitigated. With Jigstack, we bring a new standard of quality, security and user-friendly, solution-oriented financial tools. It is my firm belief that adherence to these simple disciplines could be the catalyst for mainstream adoption.” Said Robert Weir of Jigstack
About Jigstack
Jigstack is a decentralized DAO engineering and deploying, institutional grade decentralised tools, fit for any user. Its purpose is to govern a range of high-quality, revenue-generating network solutions on the Ethereum blockchain to help foster an equitable and open, free market.
Ethernity is excited to announce the drop of their first real-world collectible on the blockchain. A limited-edition “El Niño” piece representing Fernando Tatís Jr’s famous bat will become available soon. Each collector will receive a physical bat signed by Tatís Jr. himself. This marks another essential milestone for the Ethernity Chain ecosystem.
Fans of Major League Baseball (MLB) will be familiar with the name Fernando Tatís Jr. They will also know about the “El Niño” bat, which allowed Tatís Jr. to build up a strong career for the San Diego Padres. He has hit multiple home runs with the bat, including two home runs in Game 2 of the 2020 Wild Card Series against the St. Louis Cardinals.
As only 123 NFTs and handmade bats are to be created, timing is essential. The Ethernity Chain team created the NFT with the help of Victus Sports and Impossible Brief. This NFT serves as a prime example of how one can tokenize real-world assets on the blockchain to create non-fungible tokens.
The “El Niño” bat comes with the purchase of the aNFT for sale on Monday, April 26th at 12 pm on Ethernity.io. The bat is a “Supercharged Unlockable” for the first 123 buyers. For the price of $5,523, users can obtain these two NFTs to add to their collection. Every person buying the El Niño limited piece gets a physical bat from Victor Sports. All bats are produced and shipped by the company. Eligible buyers will receive an email from Ethernity to arrange for shipping and delivery.
The launch of this NFT comes at a time when Fernando Tatís Jr. is taking the league by storm. With over half a dozen home runs since his injury, Tatís Jr. seems to have returned to true form. His double home run on the 22nd anniversary of his father’s historic feat – Tatís Sr. hit two Grand Slams in one inning against the Dodgers – makes Tatís Jr’s career all the more iconic.
GlobeDX (Globe Derivative Exchange) has completed an $18 million funding round led by major blockchain investors. Y Combinator, Pantera Capital, Draper Dragon, Republic Crypto, OKEx, CMT Digital, and Wave Financial all participated in the round to support the development of a best-in-class derivatives trading platform.
As a next-generation cryptocurrency exchange, GlobeDX prides itself on excellent market depth, high leverage, and access to the Crypto Volatility Index perpetual. Its team’s goal is to make the cryptocurrency industry more accessible to mainstream users and to drive down the barriers to entering the cryptoconomy.
As institutional demand for Bitcoin and other crypto assets increases, VCs are paying close attention to enterprising crypto projects that are seeking to capture a slice of the lucrative exchange market.
“Built by trad-fi veterans, Globe has built the infrastructure to support cutting edge financial products such as the VIX perpetual. This opens up new trading strategies much needed in the industry, and we look forward to continuing this trend to build world-class trading community on our exchange”, said GlobeDX CEO James West.
GlobeDX has forged key partnerships with the likes of MXC and Hotbit to tap into liquidity from multiple sources and support global access to perpetual futures with Bitcoin collateral.
Users of GlobeDX will be able to trade Bitcoin, Ethereum, and various defi tokens at up to 100x leverage. Careful consideration has been applied to making the exchange appealing to advanced cryptocurrency users while also providing a solid foundation for novice traders.
“The GlobeDEX team has been building quietly and we think now’s the perfect time for them to shine, with incumbents like BitMEX facing new challenges and defi catching the attention of sophisticated market players,” said Franklin Bi of Pantera Capital.
GlobeDX’s native DGT token will serve a pivotal role in the platform’s development, providing discounted trading fees. Users can also earn Globe Rewards boosts by staking GDT. These take the form of raffle tickets through which users can win BTC. Finally, GDT can be utilized as margin for trading pairs to amplify users’ trading results.
About GlobeDX
GlobeDX is a crypto derivatives exchange pioneering an array of new products while delivering performance beyond any existing crypto or traditional financial exchange. Globe is backed by Y Combinator, Tim Draper, and Pantera Capital and recently ran a larger presale than Binance that attracted over 200 strategic partners to support its goal of building the future of digital asset markets.
