Breakthrough Press Release Archive

Press Release: Vulcan Forged has launched a new and revolutionary decentralized exchange for gaming tokens following the success of its gaming metaverse, VulcanVerse. 

October 11th, Cardiff, United Kingdom – Blockchain gaming platform, Vulcan Forged, is announcing the launch of the first-ever decentralized exchange (DEX) purpose-built for gaming tokens, VulcanDEX. The DEX will allow users of the gaming platform to trade any gaming token without the need to register. Players will then be able to use their newly acquired tokens in their respective game. 

Users will also be able to stake gaming tokens to facilitate exchanges in VulcanDEX, with users earning rewards in proportion to their share of specific liquidity pools. The DEX currently has 4 active pools for this purpose, with several more, including $YGG, $SAND $AXS and $VNLA coming soon. Moreover, in-game assets can be farmed in VulcanDEX in the form of non-fungible tokens (NFTs), creating an active economy that involve several popular blockchain-based gaming ecosystems. 

VulcanDEX is also powered by $PYR, the utility token that is the backbone of the VulcanForged gaming ecosystem. Players can stake PYR in the DEX as well as earn their rewards in it and stake it in pools in addition to other gaming tokens.

Pioneering the Decentralized Play-to-Earn Model

With the addition of VulcanDEX to its portfolio of games and products, Vulcan Forged has become a veritable pioneer in  the “Play-to-Earn” (P2E) space. P2E is a gaming business model that creates open economies within gaming ecosystems and rewards those who add value to games by contributing to their development. This can be in the form of contributions such as game design and development, and even beta testing new games. The idea is to give access to potential players who would otherwise pay a premium to play popular games.

Vulcan Forged has merged this emerging concept with the principles of decentralized finance (DeFi), allowing participants in VulcanForged’s gaming platform to contribute gaming tokens and other crypto assets to facilitate their exchange between decentralized gamers. Moreover, the P2E industry is relatively new, with players such as Axie Infinity and Decentraland only gaining significant popularity this year. This puts Vulcan Forged at the cutting edge of this new emerging industry. 

Building on Success

That Vulcan Forged is in this pioneering position is no surprise given its recent success. Combined, the Vulcan Forged games are set to surpass the milestone of 200,000 users by the end of 2021. This is as a result of a number of successful developments since the start of the year for the Vulcan Forged team, including securing the intellectual property rights for iconic pieces of art to be included in their flagship in-game world, the VulcanVersre. 

The works include “Egyptian Queen” by Frank Frazetta, a painting which sold earlier in the year for over $5.4 million. Frazetta is a world-renowned fantasy and science fiction artist most famous for his Conan The Barbarian illustrations. Moreover, Vulcan Forged also partnered with Arkane Network to support game-focussed NFTs built on Polygon. The expansion to other popular ecosystems in the crypto space is part of Vulcan Forged’s longer-term plan to expand access to its pioneering games and game development ecosystem.

About Vulcan Forged

Designed as an easy-to-play and easy-to-build ecosystem, Vulcan Forged is a community-based project that promotes the development of world-class blockchain games by supporting developers through its development programs. ‘incubation and crowdfunding.

For blockchain game enthusiasts, Vulcan Forged is a one-stop-shop where they can access popular games and a huge NFT marketplace to buy and sell digital assets in-game. The entire ecosystem is powered by its own PYR settlement, staking and utility token. The ERC20 compatible PYR is a cross-platform currency that can be used in game titles that are part of the Vulcan Forged ecosystem.

For more information about Vulcan Forged’s revolutionary new DEX, visit their website here.

Follow Vulcan Forged on Twitter
Join the Vulcan Forged community on Telegram

Like Vulcan Forged on Facebook

Stay up to date via Vulcan Forged’s Discord

Media Contact Details

Contact Name: Jimi Exohus

Contact Email: PR@VulcanForged.com

VULCANFORGED 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: thinkbitcoins

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Press Release: Torum is set to launch a pioneering social metaverse and socially integrated Avatar NFTs through a unique SocialFi platform. 

29th September 2021, Kuala Lumpur, Malaysia —  Torum SocialFi platform has announced that it will be launching a ‘Social Metaverse’ and the world’s first-ever social-integrated Avatar NFT, following a strategic investment from Huobi Ventures back in August 2021.

Torum SocialFi Platform 

The conceptualization and creation of metaverses have been on the rise since the explosion of the NFT market, and Torum is leading the social side of this emerging industry with its Huobi-backed SocialFi platform and ecosystem. 

The Malaysian-based SocialFi platform has decided to take the lead and build a Social Metaverse within the crypto and blockchain industry. This evolution will kick off from the launch of the world’s first-ever social-integrated Avatar NFT.

Meet your Metaverse Identity

Powered by Binance Smart Chain, Torum is releasing 21 sets of Genesis Avatar NFTs that are designed with custom themes and popular cultural references. Each avatar represents a one-and-only identity in the Torum metaverse, joined by over 115,000 other users. The BEP-1155 Avatar NFT is created by combining 6 different types of Avatar pieces of different rarity, which are only obtained through the Torum Genesis Blind Box NFT. 

There are more than 85 million Avatar variations to be explored, allowing the community to express their full inner creativity. As the Avatar NFT is integrated directly into Torum, the owner can use the Avatar as a socialized metaverse profile, bringing the combination of “Social + NFT” concepts into life.

Genesis Blind Box NFT

Each blind box contains one unit of Avatar NFT piece that is used to assemble a full Avatar NFT set and can only be purchased using the native token of Torum, XTM. To ensure equal opportunities for everyone, the chance of each NFT drop is completely fair and transparent as the total supply is pre-determined through smart contracts and traceable via blockchain.

Every XTM spent in the blind box purchase will be burned from the total token supply forever. As the circulating supply of XTM is reduced, it creates a win-win situation for every party in a wholesome metaverse economy.

Gateway to Crypto Social Metaverse

As the metaverse concept is still in its infancy stage, there is a massive untapped potential for a socialized metaverse. The Avatar integration is a perfect scenario of how Torum can unleash the possibility of owning a Metaverse identity on social media platforms.

The Avatar NFTs and NFT pieces unlocked from the blind box can also be listed and traded on Torum NFT Marketplace upon availability. The swift and flexible approach of the multi-chain SocialFi project has also led to the integration of DeFi and crypto marketing tools like Torum Finance and Torum Lounge respectively. 

With over 115,000 registered users and Huobi Ventures behind its back, Torum is always ready to adapt and integrate any blockchain trend that emerges in the crypto industry, including Metaverse.

Torum Socials

Website | Twitter | Telegram | Medium | Facebook

Media Contact Details

Contact Name: Jayson Tan

Contact Email: hello@torum.com  

Torum 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

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Press Release: Torum is set to launch a pioneering social metaverse and socially integrated Avatar NFTs through a unique SocialFi platform. 

29th September 2021, Kuala Lumpur, Malaysia —  Torum SocialFi platform has announced that it will be launching a ‘Social Metaverse’ and the world’s first-ever social-integrated Avatar NFT, following a strategic investment from Huobi Ventures back in August 2021.

Torum SocialFi Platform 

The conceptualization and creation of metaverses have been on the rise since the explosion of the NFT market, and Torum is leading the social side of this emerging industry with its Huobi-backed SocialFi platform and ecosystem. 

The Malaysian-based SocialFi platform has decided to take the lead and build a Social Metaverse within the crypto and blockchain industry. This evolution will kick off from the launch of the world’s first-ever social-integrated Avatar NFT.

Meet your Metaverse Identity

Powered by Binance Smart Chain, Torum is releasing 21 sets of Genesis Avatar NFTs that are designed with custom themes and popular cultural references. Each avatar represents a one-and-only identity in the Torum metaverse, joined by over 115,000 other users. The BEP-1155 Avatar NFT is created by combining 6 different types of Avatar pieces of different rarity, which are only obtained through the Torum Genesis Blind Box NFT. 

There are more than 85 million Avatar variations to be explored, allowing the community to express their full inner creativity. As the Avatar NFT is integrated directly into Torum, the owner can use the Avatar as a socialized metaverse profile, bringing the combination of “Social + NFT” concepts into life.

Genesis Blind Box NFT

Each blind box contains one unit of Avatar NFT piece that is used to assemble a full Avatar NFT set and can only be purchased using the native token of Torum, XTM. To ensure equal opportunities for everyone, the chance of each NFT drop is completely fair and transparent as the total supply is pre-determined through smart contracts and traceable via blockchain.

Every XTM spent in the blind box purchase will be burned from the total token supply forever. As the circulating supply of XTM is reduced, it creates a win-win situation for every party in a wholesome metaverse economy.

Gateway to Crypto Social Metaverse

As the metaverse concept is still in its infancy stage, there is a massive untapped potential for a socialized metaverse. The Avatar integration is a perfect scenario of how Torum can unleash the possibility of owning a Metaverse identity on social media platforms.

The Avatar NFTs and NFT pieces unlocked from the blind box can also be listed and traded on Torum NFT Marketplace upon availability. The swift and flexible approach of the multi-chain SocialFi project has also led to the integration of DeFi and crypto marketing tools like Torum Finance and Torum Lounge respectively. 

With over 115,000 registered users and Huobi Ventures behind its back, Torum is always ready to adapt and integrate any blockchain trend that emerges in the crypto industry, including Metaverse.

Torum Socials

Website | Twitter | Telegram | Medium | Facebook

Media Contact Details

Contact Name: Jayson Tan

Contact Email: hello@torum.com  

Torum 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

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Source: thinkbitcoins

Press Release: Triall launches its main utility token TRL on Uniswap following a successful token pre-sale that raised more than 2 million USD.

AMSTERDAM, Sept 28, 2021 – Blockchain startup Triall launched its main utility token TRL in an initial DEX offering (IDO) on Uniswap at 13:00 UTC today, after raising more than 2 million USD in its token pre-sale campaign. The company introduces a tokenized ecosystem that helps secure and streamline the development of new vaccines and medicines during clinical trials. As part of its launch, Triall also introduces a staking program powered by DeFi company Ferrum Network, enabling APRs of up to 250% to reward early adopters of TRL.

Modern-day clinical trials are increasingly complex, lengthy, and resource-inefficient. As a result, it typically takes 10 years of clinical trials before a new medicine can enter the market. Last year’s exceptionally fast COVID-19 vaccine trials demonstrated that, when stakeholders and efforts align, there are clear opportunities to improve  the speed and rigor of clinical trial operations. Triall is seizing this opportunity by leveraging blockchain and related technologies to secure and streamline clinical operations.

Over the past 3 years, Triall developed and commercialized its first product Verial eTMF, which allows researchers to anchor research data on the blockchain to secure the integrity of clinical trial data. The product is already being used and on-boarded by six clinical trials, including an IBS, autoimmune, and COVID-19 vaccine project. Verial eTMF is the first of many blockchain-enabled applications that will be integrated into a single digital platform: the Triall ecosystem.

Triall is a project with global ambitions. The company builds on a fast network within the clinical trial space, spanning the EU and US regions, and is supported by a global network of partners and advisors, including industry experts and key opinion leaders that support Triall in the further buildout of its ecosystem.

Speaking about Triall’s global ambitions, Hadil Es-Sbai, CEO of Triall said: 

“This is the right time for disruptive innovations to demonstrate their added value in clinical operations and make their way to industry-wide adoption. Our first product is currently being onboarded in a growing number of clinical trials. We can’t wait for the day when Triall will be recognized as the go-to ecosystem for a range of essential products that enable faster, smarter, and more-efficient clinical trials.”

To fuel the micro-economy of its ecosystem, Triall is introducing its main utility token TRL. This token primarily serves as a means of payment for the software solutions offered within the Triall ecosystem but also enables P2P compensation, community engagement, governance, and loyalty programs (such as memberships and staking programs). Over the past months Triall has partnered with several prominent companies in the crypto space including, among others, LTO Network, Zokyo, Faculty Group, Ferrum Network as well as the TrustPad and Prostarter launchpads.

About Triall

Triall brings Web 3.0 to medical research by creating a digital ecosystem of blockchain-integrated software solutions that secure and streamline the development of new vaccines and therapeutics during clinical trials. Triall’s solutions make clinical trials tamper-resistant, and enable secure and efficient integrations between the many isolated systems and parties involved in clinical trial processes. Triall’s software is created by clinical trial professionals to ensure optimal user experience, solving actual industry pain points.

For more information on how Triall is using blockchain to revolutionize medical research, visit their website here.

Follow Triall on Twitter

Join the Triall community on Telegram

Media Contact Details

Contact email: press@triall.io

TRIALL 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: thinkbitcoins

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Press Release: The Jersey Patch partnership features multiple facets across EG’s DOTA 2, Counter-Strike, FGC, and Creator Rosters.  

September 15th, 2021, TALLINN, Estonia — Today, it was announced that crypto pioneer Bitcasino, a leading bitcoin-led casino operator, has partnered with Evil Geniuses (EG), one of the original and most iconic professional esports organizations in the world. Bitcasino, part of Yolo Group, merges cryptocurrency with a digital gaming experience by offering an assortment of games and entertainment. 

Crypto-based esports Gaming Partnership

As the first crypto-based digital gaming partnership in esports history, Bitcasino will be showcased across a number of EG facets including the Evil Geniuses DOTA 2, Counter-Strike, FGC, and Creator rosters.  

Kaupo Kangro, Head of Bitcasino stated: 

“We love Evil Geniuses’ passion and forward-thinking approach to everything they do. They have been changing the game for more than 20 years, which is why they make the perfect partner for Bitcasino. 

They’re true pioneers who share our values for fun, fast and fair gaming. It’s an honor to see the Bitcasino logo on the EG jersey, and we’re excited about the great content that we will be partnering on for Evil Geniuses fans around the world.” 

Starting later this week with the Blast Premier Fall Showdown, EG players will wear new jerseys that feature the Bitcasino logo on their right sleeves. 

Brian Millman, Director of Corporate Partnerships at Evil Geniuses stated:

“Evil Geniuses has always been a trailblazer within esports and bringing on a pioneer in their industry like Bitcasino, EG continues our commitment to engage our fans in new and innovative ways,” 

What Will the Partnership Offer Players?

The partnership also features CS:GO programming including a custom-created map featuring familiar B-Site locations where players will race against the clock in mobility obstacles and accuracy challenges. The challenge course was specially designed for Bitcasino and tested by EG pro and content creator Tarik Celik. Fans can participate in the fun, too, by downloading the map via Steam.

In addition, the partnership will feature a content series headlined by EG CS:GO and DOTA 2 players, fans will submit videos of their play, either best or funniest moments for EG pros to guess what comes next at key moments. The content series that will be shared on social media will feature various EG pros providing unique commentary on fan behavior. To download the custom CS:GO map through Steam, click here.

Bitcasino Platform Growth 

Bitcasino has an expansive, quality casino product featuring more than 2,800 games. Their innovative platform, new features, and rewards are all developed in-house using player feedback to directly shape and create the ultimate user experience. Bitcasino provides an average withdrawal time of around one-and-a-half minutes, among the fastest in the industry, and cutting-edge security measures. 

About Bitcasino 

Founded in 2014, as part of Yolo Group, Bitcasino is a leading bitcoin-led casino operator. Bitcasino has an expansive, quality casino product featuring more than 2,800 games, including slots, table games, and live dealer casinos from some of the industry’s leading suppliers. Their innovative platform, new features, and rewards are all developed in-house using player feedback to directly shape and create the ultimate user experience. 

Pioneering the way for original, fair rewards, Bitcasino is the first crypto casino to withdraw its welcome offer in favor of the unique, custom-built Loyalty Club allowing players greater control over their gaming. Bitcasino prides itself on its enjoyable and trustworthy casino and gaming service, with withdrawal times of around 1.5 minutes among the fastest in the industry and cutting-edge security measures in place. For more information, please visit bitcasino.io. 

About Evil Geniuses 

Evil‌ ‌Geniuses,‌ ‌one‌ ‌of‌ ‌the‌ ‌original‌ ‌and‌ ‌most‌ ‌recognizable‌ ‌professional‌ ‌organizations‌ ‌in‌ ‌esports,‌ ‌was‌ ‌founded‌ ‌over‌ ‌21‌ ‌years‌ ‌ago‌ ‌on‌ ‌the‌ ‌belief‌ ‌that‌ ‌passion,‌ ‌commitment,‌ ‌and‌ ‌innovation‌ ‌could‌ ‌transform‌ ‌a‌ ‌beloved‌ ‌interest‌ ‌into‌ ‌a‌ ‌global‌ ‌phenomenon.‌ 

‌Today,‌ ‌that‌ ‌same‌ ‌drive‌ ‌and‌ ‌dedication‌ ‌serve‌ ‌as‌ ‌the‌ ‌foundation‌ ‌of‌ ‌our‌ ‌legendary‌ ‌organization.‌ ‌From‌ ‌our‌ ‌top-tier‌ ‌esports‌ ‌teams‌ ‌to‌ ‌our‌ ‌industry-changing‌ ‌technology,‌ ‌our‌ ‌goal‌ ‌has‌ ‌always‌ ‌been—and‌ ‌will‌ ‌continue‌ ‌to‌ ‌be—building‌ ‌champions.‌

Bitcasino Links

Partnership Videos & Photos | Telegram | Twitter | Instagram 

Media Contact Details

Contact Email: bitcasino@heavenmedia.com  

Bitcasino 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

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Press Release: After several years of success Coingaming Group is rebranding as Yolo Group, as the company continues to expand into new markets.

September 13th, 2021, Tallinn, Estonia —  The Coingaming Group is now Yolo Group, following a full rebrand of the maturing business to better reflect its status as disruptors across a diverse range of sectors including gaming and fintech.

Yolo Group Business Interests

Within the Yolo Group will sit five verticals that cover the full spectrum of the business’ interests:

• Yolo Investments focuses on investment opportunities across gaming and fintech.
• Yolo Entertainment, incorporating all Coingaming Group B2C brands including Bitcasino and Sportsbet.io.

• Yolo Finance, home to our blockchain, fintech, and banking rails-related activities.
• Yolo Ventures, covering strategic partnership projects on a B2B scale.
• Yolo Tech, delivering IT and back-office services within our ecosystem.

Yolo Group and the more than 600 Yolo’ers working with the business will continue to be defined by a “fun, fast and fair” approach and a laser focus on putting the customer at the center of the universe.

The change in the brand will further help create synergy throughout the fast-growing group as it continues to expand into new areas and markets.

Yolo Group CEO Maarja Pärt stated:

“I’m both excited and proud to announce that we are rebranding to Yolo Group with a new identity for a company always looking to the future. The Coingaming brand served us well for many years, but as disruptors in industries beyond gaming, we felt Yolo Group better represented our people, our business and our vision.

Yolo Group is about bringing next-level innovation to gaming, fintech, blockchain and many more sectors, all the while ensuring our customers are kept at the centre of the universe. You only live once and that’s why we don’t settle for anything less.”

About Yolo Group

The Yolo Group (formerly the Coingaming Group) brings next-level innovation to the worlds of gaming, fintech, blockchain, and more.

Serving millions of users worldwide, the Yolo Group is committed to putting the customer at the center of the universe via a wide range of fun, fast and fair products, and services, including the pioneering bitcoin-led casino Bitcasino.io and innovative sports betting site Sportsbet.io.

Number 27th on the 2020 EGR Power 50 list of leading global operators, the Group continues to drive crypto adoption and fintech innovation within both the iGaming and entertainment industry via its array of disruptive B2C and B2B brands.

With offices in Estonia, Ukraine, Brazil, Australia, Malta, and the Philippines, the Group has rapidly expanded to more than 600 employees of more than 49 nationalities. The Group continues to incubate and support new brands, developing its vast, expansive ecosystem of people, products, and services.

Yolo Group Socials

Website | Twitter | LinkedIn | Instagram | Facebook

Media Contact Details

Contact Email: press@yolo.group   

Yolo Group 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

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Press Release: After several years of success Coingaming Group is rebranding as Yolo Group, as the company continues to expand into new markets.

September 13th, 2021, Tallinn, Estonia —  The Coingaming Group is now Yolo Group, following a full rebrand of the maturing business to better reflect its status as disruptors across a diverse range of sectors including gaming and fintech.

Yolo Group Business Interests

Within the Yolo Group will sit five verticals that cover the full spectrum of the business’ interests:

• Yolo Investments focuses on investment opportunities across gaming and fintech.
• Yolo Entertainment, incorporating all Coingaming Group B2C brands including Bitcasino and Sportsbet.io.

• Yolo Finance, home to our blockchain, fintech, and banking rails-related activities.
• Yolo Ventures, covering strategic partnership projects on a B2B scale.
• Yolo Tech, delivering IT and back-office services within our ecosystem.

Yolo Group and the more than 600 Yolo’ers working with the business will continue to be defined by a “fun, fast and fair” approach and a laser focus on putting the customer at the center of the universe.

The change in the brand will further help create synergy throughout the fast-growing group as it continues to expand into new areas and markets.

Yolo Group CEO Maarja Pärt stated:

“I’m both excited and proud to announce that we are rebranding to Yolo Group with a new identity for a company always looking to the future. The Coingaming brand served us well for many years, but as disruptors in industries beyond gaming, we felt Yolo Group better represented our people, our business and our vision.

Yolo Group is about bringing next-level innovation to gaming, fintech, blockchain and many more sectors, all the while ensuring our customers are kept at the centre of the universe. You only live once and that’s why we don’t settle for anything less.”

About Yolo Group

The Yolo Group (formerly the Coingaming Group) brings next-level innovation to the worlds of gaming, fintech, blockchain, and more.

Serving millions of users worldwide, the Yolo Group is committed to putting the customer at the center of the universe via a wide range of fun, fast and fair products, and services, including the pioneering bitcoin-led casino Bitcasino.io and innovative sports betting site Sportsbet.io.

Number 27th on the 2020 EGR Power 50 list of leading global operators, the Group continues to drive crypto adoption and fintech innovation within both the iGaming and entertainment industry via its array of disruptive B2C and B2B brands.

With offices in Estonia, Ukraine, Brazil, Australia, Malta, and the Philippines, the Group has rapidly expanded to more than 600 employees of more than 49 nationalities. The Group continues to incubate and support new brands, developing its vast, expansive ecosystem of people, products, and services.

Yolo Group Socials

Website | Twitter | LinkedIn | Instagram | Facebook

Media Contact Details

Contact Email: press@yolo.group   

Yolo Group 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

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Source: thinkbitcoins

Press Release: Pledge Finance is launching a cross-chain decentralized finance ecosystem, purpose-built for the financial sector following a successful private round in which it raised more than $3 million.

13th September 2021, Hong Kong – Pledge Finance, an algorithm-driven, multi-chain decentralized finance (DeFi) ecosystem, is announcing the launch of an NFT-powered structured collateralized lending platform targeted at the traditional financial sector. The Binance Smart Chain (BSC) based platform will be fully interoperable with other public chains, meaning other DeFi platforms will be able to interact with Pledge’s numerous product and service offerings. 

Pledge Bridges the Gap Between DeFi and Finance

Pledge Finance will include liquidity pools which will act as money markets so that users can exchange cryptocurrencies without the need for a centralized exchange. The interest rate for staking to provide liquidity to these money markets will be algorithmically fixed and determined by the supply and demand for the cryptocurrencies in each pool.

Initially, these pools will be denominated by Pledge’s native token, PLGR, meaning users will need to purchase PLGR to make exchanges between stablecoins and cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH). The algorithm will ensure that Pledge users can exchange cryptocurrencies with PLGR at fair value with little friction. 

In addition to using PLGR to facilitate exchanges between cryptocurrencies, Pledge’s native token will provide holders with a fixed interest rate payment if they choose to use their crypto-assets to provide liquidity for Pledge’s money, lending or derivatives markets. Moreover, unlike other lending protocols, Pledge users can create a variety of liquidity pools with different maturities for a given crypto-asset, each featuring fixed lending terms for the loans issued by the pool.

PLGR will have a total supply of 3 billion PLGR.

Pledge’s derivatives market is powered by unique derivative smart contracts, which swap fixed-rate interest payments for floating-rate interest payments, providing an essential tool for DeFi traders who might use them to hedge against speculative investments made in other pools. Owing to Pledge’s cross-chain interoperability, these pools could also exist on other decentralized platforms. 

The Future is Bright for Pledge 

Pledge Finance is leveraging NFTs to further differentiate itself from other DeFi protocols. Pledge will initially mint 50 NFTs, each representing a fixed-rate bond. These will be fully exchangeable in an NFT-based bond market, with each NFT representing the ownership, obligations and yield for a financial instrument. Financial institutions can use this tool to execute refinancing operations, swapping in and out of credit obligations. 

This approach capitalizes on the current excitement for NFTs, repurposing it to make financial products such as bonds, loans, and derivatives more accessible to the DeFi world. Pledge’s ultimate aim is to serve the trillion-dollar financial supply chain market, bringing the legacy financial sector closer to the innovative and new decentralized ledger space. This mission is further supported by the success of Pledge’s first private round which raised $3 million in December 2020.

About Pledge

Pledge is a trustworthy, transparent, and convenient cross-chain swap solution for decentralized financial assets. It is committed to combining NFT cross-chain circulation and multi-asset trading to simplify its transfer process, expand the current NFT market, accelerate NFT valuation/pricing by providing the trading board function and provide more convenience to all NFT users.

The platform itself draws upon the extensive technological and financial experience of its core management team. CEO, Tony Chan, is a serial entrepreneur and angel investor with a background in computer science holding a degree in the subject from Stanford University. In his past career, Chan helped to write part of Windows 95, which at the time of its release, became the most popular operating system in the world. Pledge’s CTO, Michael Ren, was chief artificial intelligence scientist for a Hong Kong-based peer-to-peer lending company, with revenues surpassing $10 billion annually. With 15 years of fintech, in addition, Ren is tasked with propelling the blockchain protocol, community experience, and partnerships for Pledge. 

Pledge’s senior product manager, Douglas Hill will lead Pledge’s product development, ensuring its suite of financial products are operationally sound and in-tune with the needs of the market. Hill has previously worked in machine learning and augmented reality, pioneering the first ML-based platform for physical therapy and the sports industry. 

Leveraging the support of such a competent team, combined with the prospect of interoperability, Pledge is definitely well-positioned to bring the financial sector into the future.  

For more information about how Pledge Finance plans to use NFTs to revolutionize the financial sector, visit their main site here.

Follow Pledge on Twitter

Join the Pledge community on Telegram

Subscribe to Pledge’s blog on Medium

Get involved with Pledge on Discord 

Explore Pledge’s technology on Github

Media Contact Details 

Contact Email: PR@pledger.finance  

PLEDGE FINANCE 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: thinkbitcoins

Bitcoin Press Release: ZooKeeper has launched a new staking pool called Satoshi’s Oasis Paradise, which allows users to now earn BTC, instead of XRP. 

17th August 2021, GENEVA, Switzerland — Built on Wanchain, the Yield farming platform ZooKeeper has announced the launch of its new staking pool, Satoshi’s Oasis Paradise. The staking pool now offers its users BTC rewards instead of XRP rewards following a vote by the community. The new pool began on the 13th of August and will continue for exactly four weeks. 

Satoshi’s Oasis Paradise

Satoshi’s Oasis Paradise is the latest addition to the ZooKeeper platform. Following a vote by the ZooKeeper community, all users will now have the opportunity to stake their $ZOO tokens to earn the wrapped $BTC (known as wanBTC on Wanchain) as rewards for the month. Rewards can be claimed at any time, there is no risk of impermanent loss, no penalties for entering or exiting the pool, and there are no limits on staking amounts.

ZooKeeper Safari Pool

The ZooKeeper Safari Pool enables users to stake $ZOO and earn rewards. Launched on the 21st of May the exciting new concept is taking off amongst the ZooKeeper community. The Safari Pool will even further benefit the users who have been focused on keeping their ZOO tokens from the beginning and reward them for their patience. The Zoo staking pools both give the Zoo token greater utility and at the same time they help boost ZooKeeper TVL (Total Value Locked). The Safari Pool process has a number of great benefits to all perspective ZOO stakers, including: 

• No limits to how many ZOO tokens one can stake;
• No lock period when staking ZOO tokens;
• No penalty fees upon entering or exiting the staking pools;
• The duration of each new community-voted Safari Pool will be set to four (4) weeks;

One pool will enable the user to stake their ZOO to earn ZOO token rewards. This pool is a permanent part of the Safari Pool section and will enable the user to stake their ZOO to earn the current community-voted token/coin. 

ZooKeeper Voting Process

The ZooKeeper voting process means that while a chosen staking pool is active, the community will be voting for the next pool. Thereafter, a new vote will always be started the same day as the pool launch. For each new community vote, various coins/tokens listed on WanSwap will be available to choose from. 

ZooRena Battles

Earlier this month ZooKeeper launched ZooRena, an exciting, unique, interactive battle game in which two opposing clans from different ZooKeeper mascots will battle once a week. ZooRena participants can choose a clan to support, add power to that clan using NFTs to boost the chance of victory. ZooRena is made even more interesting with the addition of betting on battles, which means the growing dApp offers numerous different ways in which to earn. 

Anyone interested can participate in the Safari adventure and earn some wanBTC, which can easily be converted to native BTC using Wanchain’s decentralized technology with minimal fees.

ZooKeeper Socials 

Medium | Docs | Telegram | Twitter 

Media Contact Details

Contact Name: David

Contact Email: media@zookeeper.finance  

ZooKeeper.finance 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: thinkbitcoins

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Bitcoin Press Release: Torum announces strategic investment by Huobi Ventures, the $100 million venture arm of Huobi Group to foster blockchain adoption and ecosystem expansion.

5th August 2021, Kuala Lumpur, Malaysia — On the eve of the project’s 1^st year launch anniversary, social media platform Torum has released its H2 strategic ecosystem expansion plan, prioritizing the construction of a one-stop crypto ecosystem. The plan includes core features that aim to solve the industry’s information asymmetry problems and improve the connection between projects and communities through a social-based ecosystem.

Torum H2 Strategic Ecosystem Expansion Plan

The Torum H2 Strategic Ecosystem Extension plan will include numerous core features, including:

• Torum NFT Launchpad: The INO platform for projects to issue a set of limited-edition NFTs to the community
• Torum NFT Marketplace: The first social-infused NFT marketplace with the ability to market NFTs to the users of Torum.
• Torum Airdrop: A premium section for projects to conduct airdrop to the Torum community
• Torum News: A one-stop news and information aggregator for projects
• Torumgram: A bridge that connects Telegram groups and channels into Torum
• Torum Lounge: An audio-only board to conduct AMA and close-engaging events.

The expansion plan has caught the attention of the Huobi Ventures HECO Fund, which led to the strategic investment of the VC firm on Torum. With Huobi Ventures coming into the fold, Torum will assist in the expansion of the Huobi ecosystem from marketing and community building aspects, particularly in connecting Huobi and HECO-based projects with the Western market.

Yi Feng Go, CEO & Founder of Torum said that:

“Community consensus has always been the largest asset of Torum. However, the vast potential of a social media ecosystem like Torum is yet explored completely at such an early phase. With the support of Huobi Ventures, we are confident that Torum can grow exponentially by bringing onboard HECO-based projects and their communities for the next 6 to 12 months. We are super excited to be working closely with ecosystem partners like Huobi Ventures.”

As part of the strategic investment, Huobi Ventures will provide resource access to exclusive media partners, community building, and project connections for Torum. The resource integration from Huobi will further expand the ecosystem outreach of Torum, which has already accumulated over 64,000 cryptocurrency enthusiasts from over 10 countries, including the U.S, Canada, Latvia, Spain, Germany, France, Poland, Malaysia, etc.

Huobi Ventures and HECO 

One of the key focuses of Torum for H2 2021 is to bring onboard quality HECO-based projects to its social media ecosystem. With the support of Huobi Ventures, Torum can provide premium benefits to HECO-based projects including access to the Western market, community building tools, brand exposure, community integration, and more.

Loki, Investment Manager of Huobi Ventures commented that:

“Huobi Ventures HECO Fund strives to expand the Huobi ecosystem and welcome high-quality HECO-based projects like Torum. With the addition of a crypto-centric social media platform to our portfolio, we can utilize the core features of Torum like NFT Launchpad to provide community and resources outreach for the projects on the HECO ecosystem.”

Visit the Torum website to have a glimpse into the future of social media, or keep up to date with all Torum developments through the company’s official Twitter account.

About Huobi Ventures HECO Fund

Huobi Ventures is a wholly-owned subsidiary of the world’s second-largest cryptocurrency exchange, Huobi Group is focused on boosting the firm’s investment portfolio and providing long-term support for innovative blockchain projects.

Huobi Ventures HECO Fund mainly invests in upstream and downstream initiatives in the global blockchain industry. In addition to its exchange business, its investments also cover the primary market, secondary market quantitative funds, investment banking, incubators, asset management, wallets, mining, market data vendors, the global community, media, cybersecurity, public chains, DAPP, and platforms, regulation, talent recruiting, training, and research.

About Torum

Torum is the world’s first DeFi + NFT integrated social media platform that is specially designed for cryptocurrency users. Backed by AU21, Consensus Lab, DFG, M6, Waterdrip Capital, and 15 other prominent crypto VCs, Torum is now one of the fastest-growing crypto social media platforms with an impressive 20 – 30% monthly user growth rate.

Torum Socials

Twitter | Telegram | Medium | Facebook

Media Contact Details

Contact Name: Jayson Tan

Contact Email: hello@torum.com

Torum 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

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