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Router Protocol Launches Mainnet Following Successful $4 Million Raise

Router Protocol Launches Mainnet Following Successful $4 Million Raiseconsole.debug(‘TRINITY_WP’, ‘Skip player from rendering’, ‘is single: , is main loop: 1, is main query: 1’);console.debug(‘TRINITY_WP’, ‘trinity_content_filter’);

Press Release: Router Protocol announces the launch of its mainnet after a successful strategic funding round raising $4 million.

 

January 31st, 2022, Singapore – Cross-chain communication infrastructure project, Router Protocol, announces the launch of its mainnet, a few weeks after a successful funding round in which Router raised over $4 million from marquee investors including Coinbase Ventures, Alameda Research, QCP, Polygon, and Wintermute. The mainnet launch follows a successful period of development and testing on the protocol’s incentivised testnet showcasing its XCLP (Cross-chain Liquidity Protocol), which received feedback from 3,000 community members.

 

The mainnet launch will be between three blockchains – Polygon, Avalanche and BSC, and will plug into various liquidity venues – primarily DEXes, including Dfyn on Polygon. Subsequently, in a few weeks after the launch, there will also be various staking and farming programs across all three chains to incentivize liquidity aggregation.

 

While this version one implementation of Router’s XCLP will be focused on enabling cross-chain transfers and swaps, the vision is to open up the XCLP to a wider audience of partners, including blockchain and application developers, enabling native cross-chain capability for multiple use cases including cross chain governance, lending and borrowing.

 

Security is a big priority, and the team has been working hard to address issues related to security with the help of independent auditors as well as the broader developer community.  $200,000 bug bounty program has kickstarted community efforts  to continuously debug the Router platform . 

 

In addition, the Router team has already begun work on the cross-chain communication platform’s v2 upgrade, which will take place later in 2022. The v2 upgrade will introduce a generic purpose accounting blockchain which will be able to store, send, and secure messages across different blockchains.

 

Interoperability is the Future of DeFi

Router is an early pioneer in the cross-chain communication space. The rapid rise in Ethereum adoption has been accompanied by a raft of Layer 1 and Layer 2 competitors and collaborators such as Avalanche, Polygon, BSC etc as well as non-EVM chains such as Solana, Terra, Algorand and Cosmos. Each of these have their own advantages and disadvantages. 

 

Router’s XCLP platform enables mainstream applications to build complex products across different chains  for various specific needs. This is especially important for the growing DeFi space. Rather than focusing on just liquidity transfer, Router focuses on building generic cross-chain messaging capabilities. With Router’s SDK, any dApp whether it be a wallet or a DEX or an NFT platform or indeed anything that requires any crosschain capability can seamlessly plug-in to Router and enable cross-chain messaging and communication.

 

As a result, Router is positioning itself to be a key connecting infrastructure as DeFi evolves.

 

About Router Protocol

Router Protocol is building a suite of cross-chain liquidity infra primitives that aims to seamlessly provide bridging infrastructure between current and emerging Layer 1 and Layer 2 blockchain solutions. Its vision is to promote a crypto space in which each project and ecosystem has the ability to utilize the benefits of all other projects and ecosystems in the space. 

 

Router Protocol was founded in 2020 by Ramani Ramachandran, Shubham Singh, Chandan Choudhury, and Priyeshu Garg. Ramachandran, an MIT alum, has been a serial entrepreneur in the Fintech and digital assets space for the better part of a decade. The team also comprises an extensive list of seasoned developers in the blockchain space who, together, have experience in Web3, protocol building, UI and UX.

 

Moreover, Router’s strategic round, which raised $4.1 million, saw participation from Coinbase Ventures, QCP, De-Fi Capital, Polygon, Wintermute, Shima, Woodstock and Bison Ventures, in addition to leading Web 2.0/Web 3.0 executives and entrepreneurs. Some of the leading angels in the round include Polygon’s Sandeep Nailwal and Doordash’s Gokul Rajaram.

 

Combined, these resources will be used to drive Router’s roadmap and position it at the forefront of the cross-chain interoperability space. 

 

For more about Router Protocol and its mission to revolutionize cross chain interoperability visit their main website here.

 

Follow Router on Twitter

Join the Router community on Telegram

Read the Router blog on Medium

Download the Router Litepaper here

 

Media Contact Details

Contact Name: Priyeshu Garg

Contact Email: priyeshu@routerprotocol.com

 

ROUTER PROTOCOL 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. 

Source

The post Router Protocol Launches Mainnet Following Successful $4 Million Raise appeared first on Bitcoin PR Buzz.

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Source: BPRB Feed

Source: thinkbitcoins

Router Protocol Launches Mainnet Following Successful $4 Million Raise

Router Protocol Launches Mainnet Following Successful $4 Million Raiseconsole.debug(‘TRINITY_WP’, ‘Skip player from rendering’, ‘is single: , is main loop: 1, is main query: 1’);console.debug(‘TRINITY_WP’, ‘trinity_content_filter’);

Press Release: Router Protocol announces the launch of its mainnet after a successful strategic funding round raising $4 million.

 

January 31st, 2022, Singapore – Cross-chain communication infrastructure project, Router Protocol, announces the launch of its mainnet, a few weeks after a successful funding round in which Router raised over $4 million from marquee investors including Coinbase Ventures, Alameda Research, QCP, Polygon, and Wintermute. The mainnet launch follows a successful period of development and testing on the protocol’s incentivised testnet showcasing its XCLP (Cross-chain Liquidity Protocol), which received feedback from 3,000 community members.

 

The mainnet launch will be between three blockchains – Polygon, Avalanche and BSC, and will plug into various liquidity venues – primarily DEXes, including Dfyn on Polygon. Subsequently, in a few weeks after the launch, there will also be various staking and farming programs across all three chains to incentivize liquidity aggregation.

 

While this version one implementation of Router’s XCLP will be focused on enabling cross-chain transfers and swaps, the vision is to open up the XCLP to a wider audience of partners, including blockchain and application developers, enabling native cross-chain capability for multiple use cases including cross chain governance, lending and borrowing.

 

Security is a big priority, and the team has been working hard to address issues related to security with the help of independent auditors as well as the broader developer community.  $200,000 bug bounty program has kickstarted community efforts  to continuously debug the Router platform . 

 

In addition, the Router team has already begun work on the cross-chain communication platform’s v2 upgrade, which will take place later in 2022. The v2 upgrade will introduce a generic purpose accounting blockchain which will be able to store, send, and secure messages across different blockchains.

 

Interoperability is the Future of DeFi

Router is an early pioneer in the cross-chain communication space. The rapid rise in Ethereum adoption has been accompanied by a raft of Layer 1 and Layer 2 competitors and collaborators such as Avalanche, Polygon, BSC etc as well as non-EVM chains such as Solana, Terra, Algorand and Cosmos. Each of these have their own advantages and disadvantages. 

 

Router’s XCLP platform enables mainstream applications to build complex products across different chains  for various specific needs. This is especially important for the growing DeFi space. Rather than focusing on just liquidity transfer, Router focuses on building generic cross-chain messaging capabilities. With Router’s SDK, any dApp whether it be a wallet or a DEX or an NFT platform or indeed anything that requires any crosschain capability can seamlessly plug-in to Router and enable cross-chain messaging and communication.

 

As a result, Router is positioning itself to be a key connecting infrastructure as DeFi evolves.

 

About Router Protocol

Router Protocol is building a suite of cross-chain liquidity infra primitives that aims to seamlessly provide bridging infrastructure between current and emerging Layer 1 and Layer 2 blockchain solutions. Its vision is to promote a crypto space in which each project and ecosystem has the ability to utilize the benefits of all other projects and ecosystems in the space. 

 

Router Protocol was founded in 2020 by Ramani Ramachandran, Shubham Singh, Chandan Choudhury, and Priyeshu Garg. Ramachandran, an MIT alum, has been a serial entrepreneur in the Fintech and digital assets space for the better part of a decade. The team also comprises an extensive list of seasoned developers in the blockchain space who, together, have experience in Web3, protocol building, UI and UX.

 

Moreover, Router’s strategic round, which raised $4.1 million, saw participation from Coinbase Ventures, QCP, De-Fi Capital, Polygon, Wintermute, Shima, Woodstock and Bison Ventures, in addition to leading Web 2.0/Web 3.0 executives and entrepreneurs. Some of the leading angels in the round include Polygon’s Sandeep Nailwal and Doordash’s Gokul Rajaram.

 

Combined, these resources will be used to drive Router’s roadmap and position it at the forefront of the cross-chain interoperability space. 

 

For more about Router Protocol and its mission to revolutionize cross chain interoperability visit their main website here.

 

Follow Router on Twitter

Join the Router community on Telegram

Read the Router blog on Medium

Download the Router Litepaper here

 

Media Contact Details

Contact Name: Priyeshu Garg

Contact Email: priyeshu@routerprotocol.com

 

ROUTER PROTOCOL 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. 

Source

The post Router Protocol Launches Mainnet Following Successful $4 Million Raise appeared first on Bitcoin PR Buzz.

Bitcoin PR Buzz – World´s First Crypto PR Agency with 9+ Years, 900+ clients, 1500+ press releases

Source: BPRB Feed

Stream Coin All Set for Its ICO and MeiTalk Platform Launch on February 1st

Dubai, UAE, January 27, 2022 — Stream Coin (STRM) is debuting a cutting-edge, all-in-one platform named “MeiTalk” to bring reform and innovation into the live streaming sector. Driving the engine of this platform is the STRM token, which has an upcoming initial coin offering (ICO) on February 1.

Since Stream Coin announced its blockchain-based project in late 2021, many stream enthusiasts and investors alike have shown overwhelming interest resulting in an influx of new members daily. Meanwhile, the creative team of the Stream project has been working assiduously to ensure the success of the forthcoming STRM ICO.

The MeiTalk platform intends to offer a hub for streamers and viewers to experience unique features such as auto-translation, customized advert selection for streamers, and advanced filtering on content and viewership — a first in the live streaming space.

Up to 1 billion STRM will be sold during the ICO, representing 18.12% of the entire supply. Users will be limited to purchasing 11,110 STRM, $9,999 at the ICO price of $0.9 per coin.

Despite this restriction, there will be no minimum purchase requirement. Anyone who lives in a nation where cryptocurrency purchases are permitted will be able to take advantage of the initial sale. ICO investors who purchase at least $50 worth of STRM will also be eligible to join a referral program as a special bonus.

Most notably, Stream Coin will feature its version of a standard contribution system (such as Bits on Twitch), through which live streamers can earn the STRM cryptocurrency by accepting donations from viewers. For their part, loyal viewers can earn STRM by watching adverts in the middle of the live stream. On the Stream NFT Marketplace, live streamers will also be able to sell popular clips of their streaming sessions as NFTs.

STRM can be purchased with BTC, ETH, USDT, BNB, BUSD, ABBC, CRO, OKB, FTT, KCS, GT, MEX, and ZB.

STRM will be available on more than a hundred different cryptocurrency exchanges once the ICO is complete. This is also expected to kick off the coin’s circulation within the Stream ecosystem. To maintain a strict token supply, any remaining coins from the ICO will be burned. The corporation will burn the equivalent number of tokens from its supply.

Stream Coin has laid the foundation for a successful ICO and the subsequent launching of MeiTalk (later this year) through strategic partnerships with other companies such as Real Research, expansion of its Telegram communities, promotions, presale activities, and more.  

Join the official Stream Coin communities:

Media Contact:

Company: Stream Coin

Email: social@stream-coin.com

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency.

The post Stream Coin All Set for Its ICO and MeiTalk Platform Launch on February 1st appeared first on NullTX.

Source: null tx

Source: thinkbitcoins

Stream Coin All Set for Its ICO and MeiTalk Platform Launch on February 1st

Dubai, UAE, January 27, 2022 — Stream Coin (STRM) is debuting a cutting-edge, all-in-one platform named “MeiTalk” to bring reform and innovation into the live streaming sector. Driving the engine of this platform is the STRM token, which has an upcoming initial coin offering (ICO) on February 1.

Since Stream Coin announced its blockchain-based project in late 2021, many stream enthusiasts and investors alike have shown overwhelming interest resulting in an influx of new members daily. Meanwhile, the creative team of the Stream project has been working assiduously to ensure the success of the forthcoming STRM ICO.

The MeiTalk platform intends to offer a hub for streamers and viewers to experience unique features such as auto-translation, customized advert selection for streamers, and advanced filtering on content and viewership — a first in the live streaming space.

Up to 1 billion STRM will be sold during the ICO, representing 18.12% of the entire supply. Users will be limited to purchasing 11,110 STRM, $9,999 at the ICO price of $0.9 per coin.

Despite this restriction, there will be no minimum purchase requirement. Anyone who lives in a nation where cryptocurrency purchases are permitted will be able to take advantage of the initial sale. ICO investors who purchase at least $50 worth of STRM will also be eligible to join a referral program as a special bonus.

Most notably, Stream Coin will feature its version of a standard contribution system (such as Bits on Twitch), through which live streamers can earn the STRM cryptocurrency by accepting donations from viewers. For their part, loyal viewers can earn STRM by watching adverts in the middle of the live stream. On the Stream NFT Marketplace, live streamers will also be able to sell popular clips of their streaming sessions as NFTs.

STRM can be purchased with BTC, ETH, USDT, BNB, BUSD, ABBC, CRO, OKB, FTT, KCS, GT, MEX, and ZB.

STRM will be available on more than a hundred different cryptocurrency exchanges once the ICO is complete. This is also expected to kick off the coin’s circulation within the Stream ecosystem. To maintain a strict token supply, any remaining coins from the ICO will be burned. The corporation will burn the equivalent number of tokens from its supply.

Stream Coin has laid the foundation for a successful ICO and the subsequent launching of MeiTalk (later this year) through strategic partnerships with other companies such as Real Research, expansion of its Telegram communities, promotions, presale activities, and more.  

Join the official Stream Coin communities:

Media Contact:

Company: Stream Coin

Email: social@stream-coin.com

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency.

The post Stream Coin All Set for Its ICO and MeiTalk Platform Launch on February 1st appeared first on NullTX.

Source: null tx

Ravendex Prepares for Launchpad and Staking Platform Release

Despite the bearish condition in the Cryptocurrency space that has forced investors to reduce their digital assets, including Bitcoin, from their portfolios to play safe, Ravendex is pleased to announce the launching of its RAVE NFT, “a 10000 Pixelated Raven Birds Collection with proof of ownership stored on the Cardano Blockchain.

The Cardano-based decentralized exchange team explains that users can earn $RAVE rewards from the NFTs because they have fundamental utilities.

The team developed and launched the coin as the native token for transactions in their ecosystem.

Users can increase their allocation weight for the project launching through their IDO by staking their $RAVE NFT. They can also list and sell those tokens on the Cardano Secondary NFT marketplaces. 

$RAVE Token

Ravendex’s utility token, the $RAVE token, has maintained steady volatility and price despite the large market dump in the Cryptocurrency market. The community determines the token’s price in support of its decentralization goal. 

The $RAVE token offers users the governance power that makes them eligible to vote on the Rave Governance Protocol.

That’s besides empowering them to trade and provide liquidity in addition to staking and endorsing upcoming projects that Ravendex will launch on its IDO platform. 

How to Buy $RAVE

Click the link below to purchase the token:

Buy Rave: http://bitmart.com/trade/en?symbol=RAVE_USDT&layout=basic

The token is currently traded on Bitmart with an impressive market cap of over $5 million. Bitmart also sells an array of commodities such as USDT, ETH, and a host of other related coins on Bitmart, where it records over $1 million worth of trade volume daily, earning it a place among the best performing brands by daily volume on the Cardano native tokens. 

Ravendex, when launched, will go on record as the first project on the Cardano Ecosystem to utilize the Automated Market Maker (AMM) Protocol. Thanks to its Cardano network foundation, the token attracts low fees compared to Ethereum, Bitcoin, and other proof-of-work mined digital coins. It is also environmentally friendly. 

Sharing the roadmap with its prospective users, the team explains that it has a roadmap focused on giving its audience the best user experience through a faster transaction process and the adoption of the layer 2 Hydra solution. 

Cardano’s partner company, Input Ouptut, has recently announced a promising scaling update that will potentially “increase Plutus script memory units per transaction to 12.5 million.”

About Ravendex

Ravendex has created a name for itself as the first non-custodial decentralized exchange on the Cardano Blockchain using the AMM Protocol. The protocol ranks among the leading decentralized finance (DeFi) protocols on the Blockchain. 

The ecosystem facilitates asset trading on its network through the protocol at a specific price the provided liquidity sets. Ravendex leverages the ecosystem’s features to facilitate fast assets and liquidity transfers between native Cardano tokens and ADA. 

Ravendex Social links

Twitter: https://twitter.com/Ravendexlabs
Telegram: https://t.me/RaversNest
Github: https://github.com/Ravendexlabs

Media contact

Company: Ravendex Labs
Contact Name: Raven
E-mail: hello@ravendex.io
Website: https://ravendex.io/

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency.

The post Ravendex Prepares for Launchpad and Staking Platform Release appeared first on NullTX.

Source: null tx

Source: thinkbitcoins

Ravendex Prepares for Launchpad and Staking Platform Release

Despite the bearish condition in the Cryptocurrency space that has forced investors to reduce their digital assets, including Bitcoin, from their portfolios to play safe, Ravendex is pleased to announce the launching of its RAVE NFT, “a 10000 Pixelated Raven Birds Collection with proof of ownership stored on the Cardano Blockchain.

The Cardano-based decentralized exchange team explains that users can earn $RAVE rewards from the NFTs because they have fundamental utilities.

The team developed and launched the coin as the native token for transactions in their ecosystem.

Users can increase their allocation weight for the project launching through their IDO by staking their $RAVE NFT. They can also list and sell those tokens on the Cardano Secondary NFT marketplaces. 

$RAVE Token

Ravendex’s utility token, the $RAVE token, has maintained steady volatility and price despite the large market dump in the Cryptocurrency market. The community determines the token’s price in support of its decentralization goal. 

The $RAVE token offers users the governance power that makes them eligible to vote on the Rave Governance Protocol.

That’s besides empowering them to trade and provide liquidity in addition to staking and endorsing upcoming projects that Ravendex will launch on its IDO platform. 

How to Buy $RAVE

Click the link below to purchase the token:

Buy Rave: http://bitmart.com/trade/en?symbol=RAVE_USDT&layout=basic

The token is currently traded on Bitmart with an impressive market cap of over $5 million. Bitmart also sells an array of commodities such as USDT, ETH, and a host of other related coins on Bitmart, where it records over $1 million worth of trade volume daily, earning it a place among the best performing brands by daily volume on the Cardano native tokens. 

Ravendex, when launched, will go on record as the first project on the Cardano Ecosystem to utilize the Automated Market Maker (AMM) Protocol. Thanks to its Cardano network foundation, the token attracts low fees compared to Ethereum, Bitcoin, and other proof-of-work mined digital coins. It is also environmentally friendly. 

Sharing the roadmap with its prospective users, the team explains that it has a roadmap focused on giving its audience the best user experience through a faster transaction process and the adoption of the layer 2 Hydra solution. 

Cardano’s partner company, Input Ouptut, has recently announced a promising scaling update that will potentially “increase Plutus script memory units per transaction to 12.5 million.”

About Ravendex

Ravendex has created a name for itself as the first non-custodial decentralized exchange on the Cardano Blockchain using the AMM Protocol. The protocol ranks among the leading decentralized finance (DeFi) protocols on the Blockchain. 

The ecosystem facilitates asset trading on its network through the protocol at a specific price the provided liquidity sets. Ravendex leverages the ecosystem’s features to facilitate fast assets and liquidity transfers between native Cardano tokens and ADA. 

Ravendex Social links

Twitter: https://twitter.com/Ravendexlabs
Telegram: https://t.me/RaversNest
Github: https://github.com/Ravendexlabs

Media contact

Company: Ravendex Labs
Contact Name: Raven
E-mail: hello@ravendex.io
Website: https://ravendex.io/

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency.

The post Ravendex Prepares for Launchpad and Staking Platform Release appeared first on NullTX.

Source: null tx

DO-GI-OH Project Native Token $DGH Launches on Polygon (MATIC)

DO-GI-OH project launch on the 29th of January will be accompanied by the launch of the ecosystem’s native currency, $DGH, on Polygon (MATIC), which was designed to be an interoperable utility for in-game transactions, character and upgrade purchases,  and more.

The sale of $DGH through a native IBCO available at marketplace.dogioh.com would be a  new launch approach for the token’s distribution. Installing a DEX through  QuickSwap would allow for more trading and arbitrage opportunities. In essence, at the time of launch, the total number of tokens will be zero, the price of $DGH will be zero, and every purchase at IBCO will mint new tokens, while every sale will burn $DGH. Beyond the first month, IBCO will be decommissioned, resulting in a fixed supply with no new tokens being issued after that date, and the only trading pool accessible will be hosted on DEX, in this instance QuickSwap, with bridging pools on Uniswap and PancakeSwap.

“The Initial Bonding Curve project launching approach, we feel, provides unique,  inventive, and appealing methods to introduce brand new NFT gaming projects, such as  DO-GI-OH. There are various reasons why IBCO provides better stability and possibility for long-term growth.” says the co-founder of DO-GI-OH.

Players may buy NFT avatars to play in the game, as well as upgrades and mintable NFT  skins with the $DGH token. The DO-GI-OH marketplace will include all of the skins, skill cards, and other commodities available for trade, as well as the ability to acquire and mint new NFTs. Additionally, all in-game wagers placed on fights and prize pools in tournaments and challenges will be resolved and performed with the ecosystem token. After IBCO’s shutdown, marketing events such as token buy-backs and burns may occur.

In the future, the $DGH utility token will be linked to additional protocols, including  Binance Smart Chain, Solana, and Ethereum.

With the promise of DO-GI-OH Metaverse creation and bringing high-quality games to  Web 3, find out more about the DO-GI-OH project’s journey to reinvent the NFT gaming space in style by visiting www.dogioh.com.

About the project:

DO-GI-OH, which is based on Polygon, aspires to establish a one-of-a-kind P2E  Metaverse that includes several games and lobbies where players can communicate and engage in special events, as well as the NFT marketplace and lounges where users may play their favorite games. The first debut game will be DO-GI-OH Fight Club – an action-packed, multi-level, skill-based fighting game that will put the industry’s finest — Doges,  Shibas, Flokis, and other dog-themed characters — against one another on a  battleground spanning many terrains.

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency.

The post DO-GI-OH Project Native Token $DGH Launches on Polygon (MATIC) appeared first on NullTX.

Source: null tx

Source: thinkbitcoins

DO-GI-OH Project Native Token $DGH Launches on Polygon (MATIC)

DO-GI-OH project launch on the 29th of January will be accompanied by the launch of the ecosystem’s native currency, $DGH, on Polygon (MATIC), which was designed to be an interoperable utility for in-game transactions, character and upgrade purchases,  and more.

The sale of $DGH through a native IBCO available at marketplace.dogioh.com would be a  new launch approach for the token’s distribution. Installing a DEX through  QuickSwap would allow for more trading and arbitrage opportunities. In essence, at the time of launch, the total number of tokens will be zero, the price of $DGH will be zero, and every purchase at IBCO will mint new tokens, while every sale will burn $DGH. Beyond the first month, IBCO will be decommissioned, resulting in a fixed supply with no new tokens being issued after that date, and the only trading pool accessible will be hosted on DEX, in this instance QuickSwap, with bridging pools on Uniswap and PancakeSwap.

“The Initial Bonding Curve project launching approach, we feel, provides unique,  inventive, and appealing methods to introduce brand new NFT gaming projects, such as  DO-GI-OH. There are various reasons why IBCO provides better stability and possibility for long-term growth.” says the co-founder of DO-GI-OH.

Players may buy NFT avatars to play in the game, as well as upgrades and mintable NFT  skins with the $DGH token. The DO-GI-OH marketplace will include all of the skins, skill cards, and other commodities available for trade, as well as the ability to acquire and mint new NFTs. Additionally, all in-game wagers placed on fights and prize pools in tournaments and challenges will be resolved and performed with the ecosystem token. After IBCO’s shutdown, marketing events such as token buy-backs and burns may occur.

In the future, the $DGH utility token will be linked to additional protocols, including  Binance Smart Chain, Solana, and Ethereum.

With the promise of DO-GI-OH Metaverse creation and bringing high-quality games to  Web 3, find out more about the DO-GI-OH project’s journey to reinvent the NFT gaming space in style by visiting www.dogioh.com.

About the project:

DO-GI-OH, which is based on Polygon, aspires to establish a one-of-a-kind P2E  Metaverse that includes several games and lobbies where players can communicate and engage in special events, as well as the NFT marketplace and lounges where users may play their favorite games. The first debut game will be DO-GI-OH Fight Club – an action-packed, multi-level, skill-based fighting game that will put the industry’s finest — Doges,  Shibas, Flokis, and other dog-themed characters — against one another on a  battleground spanning many terrains.

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency.

The post DO-GI-OH Project Native Token $DGH Launches on Polygon (MATIC) appeared first on NullTX.

Source: null tx

The Rising Star OpenMeta: Committed To Being an NFT Trading Hub on BSC

Opensea has been the most popular exchange in the crypto world in 2021. The emergence and continuous boom of NFT have given it a trading volume that surpasses other leading exchanges such as Coinbase, Binance, etc. Despite that, it has been late in issuing tokens and there is a rumor that it might have an IPO, both of which have subjected Opensea to criticism, and led to the possibility of SOS “DAO plan” for Opensea users.

Crypto users have long been expecting a new OpenSea. Although it is a good idea to fork Opensea in the name of DAO, there has been a lack of action. Opensea has been stagnant in updating its product features for a long time.

The author observed that OpenMeta, which was recently launched in BSC, can be an ideal substitute of Opensea. Invested and incubated by Mdex Foundation, OpenMeta seeks to build an NFT trading platform with high liquidity, and become the “OpenSea” in the BSC chain to the current problems of high entry barriers and high transaction cost for NFT users. In the following, I will elaborate on several advantages of OpenMeta for you.

“0 Gas fee for NFT minting”

The main cost for users when making NFT transactions stems from NFT minting and smart contract interactions. On Ethereum, the fees for these two operations in one transaction can be as high as US$200. According to TokenView, since the implementation of EIP-1559, OpenSea has been at the top of the ETH burning ranking list, accounting for 6.4% of the total burning volume and recently the figure has risen to 18%.

openmeta featured 1

openmeta featured 1

OpenMeta’s optimization measures to solve this high-cost problem is to dissolve the separation of minting and trading, thereby eliminating the cost of Mint NFT for users and creators. For creators, NFT is a form of storage that comes after their artwork is generated and they do not have to mint one before the NFT transaction is confirmed. In terms of users, OpenMeta displays a variety of NFTs on the platform, and only when a user wants to buy them will NFTs be minted and traded. This “no-gas-fee minting” model greatly lowers the threshold of participation for users, who can save part of the cost minting NFT, thereby partly avoiding the risk caused by “poor marketing” and undesirable sales.

This mechanism also gives OpenMeta the characteristic of being an incubator where creators can focus on producing artworks and mint NFTs after they receive ensured market recognition. Imagine what would happen if Ghozali Ghozalu, the recently popular Indonesian influencers upload their selfies on OpenMeta? Undoubtedly, their selfie NFTs will bring them a higher profit.

The lowest transaction fee of all NFT exchanges

Another part of the cost users’ NFT transactions is to pay the transaction aggregation fees to the platforms. Unlike NFT exchanges where transactions are frequent and fees are often as low as 0.1%, transaction fees in the art field have always been high. Be it for traditional auction houses or NFT exchanges, they will charge up to 5-15% transaction fees.

In comparison, OpenMeta only charges a 2% fee on the transaction amount, which is the lowest compared to mainstream NFT exchanges.

  Transaction fee Fee for repeated transactions  Royalty fee Gas fee
OpenMeta 2% 2% Creators decide No gas fee
OpenSea 2.5% for normal products

7.5% for game props

2.5% for normal products

7.5% for game props

Creators decide Creators share the minting and gas fees
Rarible 2.5% 2.5% Creators decide Creators share the minting and gas fees
SuperRare 15% 3% 10% Creators share the minting and gas fees
Foundation 15% 10% 10% Creators share the minting and gas fees

 

OpenMeta is a threshold-free NFT trading platform where anyone can use OpenMeta’s services to freely mint, list and trade NFTs. Each creator has a high degree of autonomy to set the percentage of royalty fee for their works. This customization function is similar to but still differs from OpenSea’s. That is, OpenMeta’s royalty revenue is immediately sent to the creators after the transaction is completed, instead of OpenSea’s monthly settlement model. This difference, which seems minor, is significant for NFT creators as it allows them to get revenue faster.

In addition to the trading section, OpenMeta’s NFT display and recording features are very powerful. On OpenMeta’s MY NFT page, users can view all NFT assets in their address (list of on sale, all NFTs, created, various creation series, favorite), the list of mystery boxes purchased, as well as NFT transaction records in one click. According to the information revealed by the team, OpenMeta will launch a set of visualization features in the future, such as displaying the market trend of NFT assets, profits from NFT assets, etc, which are very helpful to users.

NFT Primary: a gold mine

NFT Primary is another major feature of OpenMeta. It is the first market for quality NFT projects & Mystery Box. Jointly led by the team and community, it selects projects that can be put on NFT Primary where users can participate and buy NFT to ensure users can enjoy the future value of these projects.

No threshold brings a large number of projects, but the hotness of the NFT market has led to participants of varying qualities. Users on platforms such as OpenSea can only view popular projects through ranking data, which can be manipulated and therefore has limited credibility for users. While on NFT Primary, projects are listed after going through a round of screening. This can better protect investors.

Besides protecting users’ benefits, OpenMeta also provides more income with its exclusive NFT staking earning function. NFTs held by users thus are able to flow and generate income.

In the first week of launch, five projects will offer NFT and mystery boxes on NFT Primary, including BabySwap (a decentralized exchange on the BSC chain), HashLand(a P2E game that supports BTC mining), Pokemine (a blockchain gaming platform), Adventure Bunny (a P2E game), and DeFi Warrior (a gaming project combining DeFi and NFT).

BabySwap

BabySwap is a protocol that combines Dex, NFT trading and GameFi. Deployed on BSC chain, it boasts a TVL of $284 million and over 80,000 addresses holding its platform tokens, ranking among the top 10 on BSC. It has won several awards in the CoinMVB program.

HashLand

HashLand is a P2E game based on the famous IP “I am MT”. The game NFT issued by HashLand not only can be used to mine the in-game token HC, but also embodies a certain amount of bitcoin mining hash. Holders can participate in the dual mining of BTC and HC. Its transaction volume was ranked in the top three in the Binance NFT market upon its launch.

Pokemine

Pokemine is a blockchain game aggregation platform on BSC chain, supporting various types of blockchain games and introducing many traditional game developers into the crypto world. The first game Pokemine launched on the platform is developed by the developer Join Games studio Hanoi office based on “Pocket Monsters”.

Adventure Bunny

Adventure Bunny is a fun and relaxing adventure game. Players can collect and train adventure bunnies to travel to major cities around the world and earn money in the process. The game is a derivative of the BunnyPark exchange, and BunnyPark is ranked 17th in the BSC chain in terms of TVL.

DeFi Warrior

DeFi Warrior is a DeFi x NFT Play2earn blockchain game with an engaging crypto galaxy story. DeFi Warrior transforms various different blockchain networks (e.g. Bitcoin, Ethereum, etc.) into a planet and NFTs and turns tokens into characters. Players build their mining factories through their characters and fight bosses or enemies to gain rewards. The uniqueness is that the combating power of characters in the game will fluctuate according to token prices, making it highly playable.

Dedicated to building an “OpenSea” on BSC

OpenSea provides the NFT infrastructure for the Ethereum network, making it the first choice for NFT issuance and sales. It is the most liquid trading venue, a personal gallery for crypto artists, and the origin of crypto native artworks. Its existence has become an industry benchmark, almost to the extent that OpenSea must be talked about when discussing NFT. Looking up the achievements by OpenSea, OpenMeta seeks to play a similar role on BSC. Up till now, it has developed products and technologies around this goal.

0 gas fee for NFT minting gives crypto creators a better environment to create without the hassle of cost, which creates favorable conditions for the emergence of new phenomenal NFTs. After all, the native NFT works have the strongest life.

NFT Primary and NFT Mining, on the other hand, are designed to serve traders and gather more users to become the NFT trading hub on the BSC chain.

Overall, compared to OpenSea, OpenMeta provides a platform that allows users to trade NFT at a low cost and better protect their benefits. It also boasts more innovative features that empower NFT. Working to realize the three major goals of the lower frictional trading loss, better investment environment, and higher liquidity, OpenMeta will create the best and most advanced  NFT trading platform in the new market environment.

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency.

The post The Rising Star OpenMeta: Committed To Being an NFT Trading Hub on BSC appeared first on NullTX.

Source: null tx

Source: thinkbitcoins

The Rising Star OpenMeta: Committed To Being an NFT Trading Hub on BSC

Opensea has been the most popular exchange in the crypto world in 2021. The emergence and continuous boom of NFT have given it a trading volume that surpasses other leading exchanges such as Coinbase, Binance, etc. Despite that, it has been late in issuing tokens and there is a rumor that it might have an IPO, both of which have subjected Opensea to criticism, and led to the possibility of SOS “DAO plan” for Opensea users.

Crypto users have long been expecting a new OpenSea. Although it is a good idea to fork Opensea in the name of DAO, there has been a lack of action. Opensea has been stagnant in updating its product features for a long time.

The author observed that OpenMeta, which was recently launched in BSC, can be an ideal substitute of Opensea. Invested and incubated by Mdex Foundation, OpenMeta seeks to build an NFT trading platform with high liquidity, and become the “OpenSea” in the BSC chain to the current problems of high entry barriers and high transaction cost for NFT users. In the following, I will elaborate on several advantages of OpenMeta for you.

“0 Gas fee for NFT minting”

The main cost for users when making NFT transactions stems from NFT minting and smart contract interactions. On Ethereum, the fees for these two operations in one transaction can be as high as US$200. According to TokenView, since the implementation of EIP-1559, OpenSea has been at the top of the ETH burning ranking list, accounting for 6.4% of the total burning volume and recently the figure has risen to 18%.

openmeta featured 1

openmeta featured 1

OpenMeta’s optimization measures to solve this high-cost problem is to dissolve the separation of minting and trading, thereby eliminating the cost of Mint NFT for users and creators. For creators, NFT is a form of storage that comes after their artwork is generated and they do not have to mint one before the NFT transaction is confirmed. In terms of users, OpenMeta displays a variety of NFTs on the platform, and only when a user wants to buy them will NFTs be minted and traded. This “no-gas-fee minting” model greatly lowers the threshold of participation for users, who can save part of the cost minting NFT, thereby partly avoiding the risk caused by “poor marketing” and undesirable sales.

This mechanism also gives OpenMeta the characteristic of being an incubator where creators can focus on producing artworks and mint NFTs after they receive ensured market recognition. Imagine what would happen if Ghozali Ghozalu, the recently popular Indonesian influencers upload their selfies on OpenMeta? Undoubtedly, their selfie NFTs will bring them a higher profit.

The lowest transaction fee of all NFT exchanges

Another part of the cost users’ NFT transactions is to pay the transaction aggregation fees to the platforms. Unlike NFT exchanges where transactions are frequent and fees are often as low as 0.1%, transaction fees in the art field have always been high. Be it for traditional auction houses or NFT exchanges, they will charge up to 5-15% transaction fees.

In comparison, OpenMeta only charges a 2% fee on the transaction amount, which is the lowest compared to mainstream NFT exchanges.

  Transaction fee Fee for repeated transactions  Royalty fee Gas fee
OpenMeta 2% 2% Creators decide No gas fee
OpenSea 2.5% for normal products

7.5% for game props

2.5% for normal products

7.5% for game props

Creators decide Creators share the minting and gas fees
Rarible 2.5% 2.5% Creators decide Creators share the minting and gas fees
SuperRare 15% 3% 10% Creators share the minting and gas fees
Foundation 15% 10% 10% Creators share the minting and gas fees

 

OpenMeta is a threshold-free NFT trading platform where anyone can use OpenMeta’s services to freely mint, list and trade NFTs. Each creator has a high degree of autonomy to set the percentage of royalty fee for their works. This customization function is similar to but still differs from OpenSea’s. That is, OpenMeta’s royalty revenue is immediately sent to the creators after the transaction is completed, instead of OpenSea’s monthly settlement model. This difference, which seems minor, is significant for NFT creators as it allows them to get revenue faster.

In addition to the trading section, OpenMeta’s NFT display and recording features are very powerful. On OpenMeta’s MY NFT page, users can view all NFT assets in their address (list of on sale, all NFTs, created, various creation series, favorite), the list of mystery boxes purchased, as well as NFT transaction records in one click. According to the information revealed by the team, OpenMeta will launch a set of visualization features in the future, such as displaying the market trend of NFT assets, profits from NFT assets, etc, which are very helpful to users.

NFT Primary: a gold mine

NFT Primary is another major feature of OpenMeta. It is the first market for quality NFT projects & Mystery Box. Jointly led by the team and community, it selects projects that can be put on NFT Primary where users can participate and buy NFT to ensure users can enjoy the future value of these projects.

No threshold brings a large number of projects, but the hotness of the NFT market has led to participants of varying qualities. Users on platforms such as OpenSea can only view popular projects through ranking data, which can be manipulated and therefore has limited credibility for users. While on NFT Primary, projects are listed after going through a round of screening. This can better protect investors.

Besides protecting users’ benefits, OpenMeta also provides more income with its exclusive NFT staking earning function. NFTs held by users thus are able to flow and generate income.

In the first week of launch, five projects will offer NFT and mystery boxes on NFT Primary, including BabySwap (a decentralized exchange on the BSC chain), HashLand(a P2E game that supports BTC mining), Pokemine (a blockchain gaming platform), Adventure Bunny (a P2E game), and DeFi Warrior (a gaming project combining DeFi and NFT).

BabySwap

BabySwap is a protocol that combines Dex, NFT trading and GameFi. Deployed on BSC chain, it boasts a TVL of $284 million and over 80,000 addresses holding its platform tokens, ranking among the top 10 on BSC. It has won several awards in the CoinMVB program.

HashLand

HashLand is a P2E game based on the famous IP “I am MT”. The game NFT issued by HashLand not only can be used to mine the in-game token HC, but also embodies a certain amount of bitcoin mining hash. Holders can participate in the dual mining of BTC and HC. Its transaction volume was ranked in the top three in the Binance NFT market upon its launch.

Pokemine

Pokemine is a blockchain game aggregation platform on BSC chain, supporting various types of blockchain games and introducing many traditional game developers into the crypto world. The first game Pokemine launched on the platform is developed by the developer Join Games studio Hanoi office based on “Pocket Monsters”.

Adventure Bunny

Adventure Bunny is a fun and relaxing adventure game. Players can collect and train adventure bunnies to travel to major cities around the world and earn money in the process. The game is a derivative of the BunnyPark exchange, and BunnyPark is ranked 17th in the BSC chain in terms of TVL.

DeFi Warrior

DeFi Warrior is a DeFi x NFT Play2earn blockchain game with an engaging crypto galaxy story. DeFi Warrior transforms various different blockchain networks (e.g. Bitcoin, Ethereum, etc.) into a planet and NFTs and turns tokens into characters. Players build their mining factories through their characters and fight bosses or enemies to gain rewards. The uniqueness is that the combating power of characters in the game will fluctuate according to token prices, making it highly playable.

Dedicated to building an “OpenSea” on BSC

OpenSea provides the NFT infrastructure for the Ethereum network, making it the first choice for NFT issuance and sales. It is the most liquid trading venue, a personal gallery for crypto artists, and the origin of crypto native artworks. Its existence has become an industry benchmark, almost to the extent that OpenSea must be talked about when discussing NFT. Looking up the achievements by OpenSea, OpenMeta seeks to play a similar role on BSC. Up till now, it has developed products and technologies around this goal.

0 gas fee for NFT minting gives crypto creators a better environment to create without the hassle of cost, which creates favorable conditions for the emergence of new phenomenal NFTs. After all, the native NFT works have the strongest life.

NFT Primary and NFT Mining, on the other hand, are designed to serve traders and gather more users to become the NFT trading hub on the BSC chain.

Overall, compared to OpenSea, OpenMeta provides a platform that allows users to trade NFT at a low cost and better protect their benefits. It also boasts more innovative features that empower NFT. Working to realize the three major goals of the lower frictional trading loss, better investment environment, and higher liquidity, OpenMeta will create the best and most advanced  NFT trading platform in the new market environment.

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency.

The post The Rising Star OpenMeta: Committed To Being an NFT Trading Hub on BSC appeared first on NullTX.

Source: null tx