Wrestling Icon “Nature Boy” Ric Flair Joins Blockchain Brawlers on the WAX Blockchain

The world of play-to-earn (P2E) gaming has been exploding across the blockchain, with NFTs playing a central role in their ecosystems.

The recent Metaverse play-to-earn trend is why (along with an innovative game and NFT development strategy) the WAX Studios’ (the creative arm of the WAX Blockchain) soon-to-launch Blockchain Brawlers P2E game has seen its Founder’s Edition Legendary 1-of-1 NFTs auctioning for tens of thousands of dollars a pop and its top seller going for more than $45,000 on the Binance NFT auction block.

And, just when you thought it couldn’t get any more exciting for Brawlers and its rapidly growing community, the “rowdiest play-to-earn game metaverse” announced that 16-time wrestling icon “Nature Boy” Ric Flair is making his debut on the WAX Blockchain as a Blockchain Brawlers Legendary NFT and unique game piece. 

If players have had a hard time getting their digital hands on a Blockchain Brawler, Ric Flair is here to save the day (with tons of attitude, to boot).

Come early March, and a unique pack drop will go live – each containing one (1) “Nature Boy” Ric Flair Legendary NFT and one (1) free Ring NFT, so players can dive head-first into the fight without missing a beat at the game launch.

blockchain brawlers ric flair

Just like the “Founder’s Edition” Legendary 1-of-1’s, all “Nature Boy” Ric Flair NFTs come in various designs to match his flashy personality, and all packs are randomized.

The collection includes unique NFTs, including four editions (aka rarities), including Standard, Hard Core, Cage Match, and Death Match. Plus, a handful of lucky collectors have the chance of unpacking ultra-rare versions featuring Ric Flair wearing National Champion, World Champion, and Metaverse Champion belts.

There will only be 100 “Nature Boy” Ric Flair packs available for sale, which will most likely make these collectibles and Legendary Blockchain Brawlers game pieces quite valuable as anticipation for the official game launch in builds toward the end of Q1 of 2022.

“We’re head over heels excited for “Nature Boy” Ric Flair to join Blockchain Brawlers,” said William Quigley, President and Co-Founder of WAX.

“He has made massive waves in the ring for decades, so it’s only fitting for him to bring his talents and exuberant persona to the metaverse. This is a dream come true for the WAX family and community.” 

Blockchain Brawlers is slated as the first of several play-to-earn games released by WAX Studios in the coming months and years.

“Blockchain Brawlers on WAX represents a huge leap forward for the blockchain gaming community of players. We combine best-in-class user experiences with an ultra-compelling crafting component. This will be buoyed by a well-balanced in-game economy to deliver the most compelling experience in the P2E space,” said Michael Rubinelli, Head of Studio, WAX Games.

For more information on Blockchain Brawlers and to get in the action, visit https://bcbrawlers.com

For up-to-the-minute updates, stay tuned to the game’s Discord channel.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency.

Follow us on Twitter @nulltxnews to stay updated with the latest Metaverse news!

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CratD2C IEO on Coinsbit: Crypto E-commerce, Directly to Consumer

This week marks a new IEO by CRAT. CRAT is a utility token by the US-based project CratD2C that runs a blockchain marketplace for digital products and services, e.g., copyright, freelance, and software. It offers four use cases for CRAT and plans to add plenty of new ones.

For CRAT Luxury Lifestyle, a 31-year deal is signed in UAE to offer 20% to 30% discounts at hotels, resorts, vacation spots, cruises, bars, and restaurants in a partner network with over 1 million locations when paid in CRAT. Integrations are scheduled for Q4 2022.

Next, CratD2C offers highly lucrative staking between 3.5% to 5%. The yield is not APY but MPY (monthly percentage yield). In annual numbers, the rewards are up to 60%.

When CRAT moves from BSC to its own blockchain, reflect commissions will kick in. A 5% fee will be collected with each transaction. One half will be split between all token holders, while the other will go to the e-commerce platform traders, both businesses and individuals.

The main product, the e-commerce platform, and its real-estate version are in the making and will launch in the second half of 2022. The e-commerce platform will offer strong QA to protect all involved parties. Other advantages include efficient payments and complete predictability and transparency thanks to adopting blockchain. The real-estate platform will simplify the creation of portfolios with extensive additional services targeted at residential and commercial customers under the Direct to Consumer model.

CratD2C enters a whopping USD 4.89 trillion global e-commerce market that is projected to grow at about 10% yearly. It aims to contribute to it by seamlessly integrating the distributed ledger technology for the most straightforward connection between manufacturers and consumers and rewarding manufacturers, consumers, and partners who attract users to the platform.

The maximum supply of CRAT is limited to 40 million tokens, only 40% of which will enter circulation at early stages to drive scarcity. From January 26 to February 8, the second phase of CRAT public sale (IEO) is live at $0.15 per token on Coinsbit. The token sale bracket is $0.1 to $0.55 at the top in the eighth phase, so now is an excellent time to join*. The minimal investment is USD 20 worth of BTC, ETH, LTC, or USDT. If you decide to join, please note that Coinsbit will need to pass full KYC first.

* Not financial advice.

Reference links:

IEO: https://coinsbit.io/ieo-list/CRAT_98

IEO Rundown: https://drive.google.com/file/d/10ftVuIVPJ5eqMfBBWmhFhwrBmHAflkLC/view

Website: http://cratd2claunch.pro

White Paper: https://cratprotocol.io/whitepaper

Discord: https://discord.com/invite/AZGBSfRsYp

Facebook: https://www.facebook.com/cratd2c

Medium: https://medium.com/@cratd2c

Telegram: https://t.me/CratD2CTokenomics

Twitter: https://mobile.twitter.com/crat_d2c

Token Contract: https://bscscan.com/token/0xc6D7062eD5B8Bf1532CBC101E4daa0cC0B06F2a2

See more IEO details in this post: https://t.me/AladdinCenter_ANN/99

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

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ShibaInfinity Generates 10 Thousand Unique Shiba NFTs, Launches Its Token Pre-sale

Shibainfinity has successfully generated 10 Thousand unique Shiba NFTs ahead of Its Metaverse Museum Launch. The Shibainfinity team will sell these unique Shiba NFTs to Native token holders (SHINU Token).

ShibaInfinity Metaverse Museum

ShibaInfinity Metaverse will contain a museum where our NFT holders can display their NFTs in the museum as virtual arts. This will serve as the first virtual dog museum on the metaverse as viewers will have to pay a certain amount to view the displayed Shiba NFT arts, which will, in turn, increase the valuation of  NFTs over time. Each NFT in our metaverse museum has a specific location and frame.

ShibaInfinity has already unveiled the version 1 view of the museum. Given the level of commitment from our developers, the museum will be in full operations before the end of Q1 2022. Shibainfinity developers will transform the physical museum experience into a digital one, enabling users to visit them virtually online. Similarly, initial interactive development created by Shibainfinity developers offers an immersive 3D club-like experience, giving users the ability to have a vast and immersive experience in the dog metaverse.

SHIBAINFINITIY NFT Use-Cases

Party-To-Earn: All Shiba Dog NFT holders will have free access to Shibainfinity events, rewards, and unique participation prizes.

Holder Opportunities: Shibainfinity will give holders access to the world’s most interactive virtual concerts, festivals, and private dog parties.

NFT Rewards: Members with more Shiba Inu NFTs will receive higher monthly rewards.

Entertainment EcoSystem:  Worldwide festivals, live concerts, parties in nightclubs, and expositions all in one place: Shibainfinity Metaverse.

Decentralized Event Organization: Every NFT holder on ShibaInfinity will have the power to vote for important decisions related to the project’s expansion.

Merch and Collector Items: Owners of NFT will have private access to an online store featuring collector and dedicated items or unique collabs with artists: sweatshirts, caps, t-shirts, CDs, and artwork.

Shibainfinity Pre-Sale

Users need to purchase and hold Shinu Token to participate in Shiba dog Metaverse.

Visit Shibainfinity Token Sale Page to purchase Shinu Token.

ShibaInfinity Community

Website: https://shibainfinity.org

Twitter: https://twitter.com/shibainfinity_

Instagram: https://www.instagram.com/shibainfinity_/

Telegram: https://t.me/shibainfinitygroup

Tiktok: https://tiktok.com/@shibainfinity

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

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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.

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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

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

MDEX Transitions Into the Metaverse, NFT and DAO as It Celebrates Its One Year Anniversary

January 21, 2022– As the project celebrates its one-year anniversary, MDEX, an innovative DeFi platform, has transformed into DeFi 2.0. By establishing a special fund for metaverse, collaborating closely with several high-quality NFT projects, and investing in the NFT incubation and trading platform Openmeta, the MDEX platform has established a stronghold in the areas of NFT, metaverse, and DAO.

It is important to note that MDEX was one of the first generation DeFi platforms to implement DAO governance prior to the constitutionDAO launching their own structure. More than ten referendums on proposals were completed by the MDEX community, the majority of which addressed very practical issues. Some users, for example, propose offering incentives to proposers in order to increase community members’ enthusiasm for DAO.

MDEX has reached a number of significant milestones since its inception in January 2021. MDEX 24H trading volume surpassed $3.1 billion just one day after its launch, topping the DEX ranking. On March 10, the MDEX’s total trading volume surpassed $100 billion. MDEX was also launched on BSC on April 8th and completed deployment on the Ethereum blockchain a few months later.

MDEX began developing a DAO governance structure and launched the “Boardroom” section a few weeks after its initial launch. MDEX launched the Boardroom reward mechanism on 4 February 2021, allowing users to stake MDX for token rewards; two days later, the MDEX Boardroom launched the repurchase and burn mechanism to reduce MDX inflation. MDEX had released 771 million MDXs and burned a total of 135 million MDXs as of December 28, 2021.

When the MDEX platform launched on Binance Smart Chain, it became a dual-chain protocol, and it achieved a TVL of more than $1.5 billion in just two hours. MDEX’s TVL increased as a result of the dual-chain protocol’s implementation. The MDEX’s cumulative dual-chain trading volume was close to US$200 billion as of April 2020, with 24H trading volume exceeding that of the top three DEXs, Uniswap, PancakeSwap, and SushiSwap combined.

MDEX constantly improves its user interface and experience in addition to developing and upgrading platform features. The MDEX platform launched a new chart function on July 22nd, allowing users to view the price of any asset listed on the site at any time. MDEX launched the Pending Order Book function on October 30th, allowing users to trade tokens at the desired price using limited pending orders.

MDEX has experienced various highs and lows in its first year of operation, but the platform is committed to opening a new chapter of DeFi to explore current trends such as Metaverse, NFT, and DAOs. Furthermore, the MDEX platforms are constantly improving and innovating in order to remain at the forefront of the DeFi market as it evolves.

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

The post MDEX Transitions Into the Metaverse, NFT and DAO as It Celebrates Its One Year Anniversary appeared first on NullTX.

Source: null tx

Single Finance: The Few Firsts Shaking the DeFi Landscape

Backed by all-star investors such as Double Peak, 0xVentures, Enzac Research, Genblock Capital, and the like, Single Finance, the world’s first capital-protected DeFi 2.0 leveraged yield farming platform, is set to launch its highly anticipated IDO on Cronos launchpad VVS Finance on 19 JAN.

Single Finance shakes the whole DeFi landscape by achieving a few firsts:

  • the first leveraged yield farming platform on Cronos;
  • the first leveraged yield farming platform to offer capital protection;
  • the first liquidity pool performance database; and
  • the first IDO on the largest DEX on Cronos, VVS Finance.

Single Finance’s IDO is one of its kind: Cronos is the EVM chain running in parallel to the Crypto.org Chain, with access to the 10M+ user base of the Crypto.com ecosystem; VVS Finance is the first and largest DeFi on the Cronos Chain with a rapidly growing TVL of more than $1.3 billion, and Single Finance is the very first IDO on VVS Finance.

Our project began with a bad experience with existing leveraged yield farming facilities. We had a leveraged position and suffered a flash attack. Asset price dropped 80% in just a few minutes, and we got liquidated and lost 105% of our capital. We thought we could have at least gotten half of our capital back since we closely monitored the position. But nothing we could do as the platform policy did not allow us to adjust the position.” the Single Finance team explained to DeFi enthusiasts during a recent AMA event.

Motivated by this brutal experience, the founders started envisioning a new platform with high APY plus maximum drawdown. Most importantly, it would be a platform where farmers wouldn’t have to monitor the market and manually do all the complex yet time-sensitive stop-loss procedures. In the end, the vision grew and flourished to become the Single Finance platform, providing different Single-Click Strategies of leveraged yield farming to achieve targeted return and manage risk exposure.

Single Finance incorporates the following three features to help tackle the problem that both novel and veteran crypto liquidity farmers face.

Single Click Pseudo Market-Neutral Strategy

Single Finance brings a human-centric, ultra user-friendly experience and capital protection to DeFi, helping everyone earn more money with ease of mind. The primary goals of both new and experienced farmers are simple: to earn high yields without suffering too much impermanent loss or being liquidated in a flash. Single Finance users can supply assets and enjoy our pseudo-market-neutral liquidity mining strategy with just a single click.

Marked-to-USD Capital Protection Bot

The best thing about Single Finance is that everything is marked to USD. Not only is APY worked out in USD, but our capital protection mechanism is also based on your initial investment principal valued in USD. Therefore, Single Finance strategy users won’t lose more than 15% of their capital in USD, as their wealth is protected by a stop-loss bot and a rebalancing bot. Just pick your favorite liquidity pairs and leverage exposure on Single Finance, and our bots will handle the rest to keep your capital safe and your sleep tight.

Liquidity Pool Time Machine

This groundbreaking feature provides actual return performance data, including trading fees, DEX yields, and price impact, to help users pick their winning pairs. Time Machine also allows users to compare the performance between farming a liquidity pair versus farming the non-stablecoin asset of the same liquidity pair.

When asked about the intricacies of the above features, the Chief Farming Officer of Single Finance was more than thrilled to share some of the critical mechanisms of their technologies with the audience.

“Single-Click Strategy, as the name suggests, is a useful strategy that can be implemented with a single click on the mouse. We aim to provide various useful Single-Click Strategies, the first Single-Click strategy being the Pseudo Market-Neutral Strategy: it aims to achieve the highest possible return while minimizing impermanent loss by borrowing a certain amount of non-stablecoin assets. When using Pseudo Market-Neutral Strategy, you can only use it with liquidity pairs of one borrowable stablecoin and another borrowable asset. In execution, our strategy vault borrows an amount equal to the quantity of non-stablecoin assets in the liquidity pool. Therefore, our strategy will begin with a delta-neutral position,” said Kenny Denton, the company’s CFO, aka Chief Farming Officer, “Under this strategy, users can increase return by increasing leverage, or choose the leverage exposure they are comfortable with. All positions will be rebalanced automatically with one single click, beginning with a delta-neutral position.”

Key Dates:

Public Sale Begins: 

  • VVS 2000hrs on 19th JAN 2022 (UTC+8)
  • MEXC 1800hrs on 20th JAN 2022 (UTC+8)
  • Gate.io 1800hrs on 20th JAN 2022 (UTC+8)

About Single Finance

Single Finance is a yield farming platform that boasts the world’s first marked-to-USD, pseudo-market neutral strategies to protect investor capital, equipped with Time Machine, an analytic service tracking the true, i.e., USD-based, historical performances of an ever-growing number of chains and liquidity pairs, empowering investors to weigh and craft their winning strategies.

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

The post Single Finance: The Few Firsts Shaking the DeFi Landscape appeared first on NullTX.

Source: null tx

AccoinGreen ($ACCG) Review – IEO Is Now Live on Coinsbit

Attention crypto enthusiasts who hate pump-and-dump schemes and love innovation! You are in for a treat. Today we look into the payments-focused cryptocurrency AccoinGreen $ACCG.

Australian Crypto Coin PTY LTD issues $ACCG, a family-built, operated, and run company in Queensland and registered with the Australian Securities and Investments Commission. This is straight off inviting because Australia has some of the strictest crypto regulations, and the project is willing to comply. This is a hot-red token that just reached the public sale stage from a project that started in early 2021.

AccoinGreen is a token on Binance Smart Chain with a total supply of 1 quadrillion. However, it is not a meme token driven by hype. This huge token supply represents the world GDP, and each token is 1/10^15 of it. This is the first time we see tethering not to an asset class but the global economy altogether. Since the world GDP sits above $84.5 trillion, one $ACCG is valued at $0.0845. API automatically tracks GDP and changes the token price accordingly. GDP tethering is a fresh approach with a huge appreciation space. The global economy has just recovered to the pre-pandemic level and is heading north. Besides, blockchain is one of the prospective economic drivers expected to generate up to 10% of GDP by 2025.

According to the white paper, the company plans to keep 30% of tokens and put 70% in escrow to be gradually distributed in the market and the token utility increase in the ecosystem. The project begs to differ from your average token with a quadrillion supply and will use 1% of the gross turnover to buy carbon credits and bring the world closer to zero net carbon emissions (hence, they have “green” in the token name).

$ACCG aims to upgrade payment modes in finance, e-commerce, and the supply chain. It targets the digital-world problems that demand attention, like the slow payment process, outdated payment options, multiple taxes and fees, harmful environmental impact by PoW blockchains, the significant carbon footprint of slow legacy processes, and the presence of various intermediaries. $ACCG sees the key to streamlining the payment infrastructure and fixing the above issues in integrating blockchain and crypto. First off, the project company wants to integrate $ACCG in its other existing ventures in advertising, e-commerce, social media, and payments. Later, it will seek wider adoption for its payment platform, creating infinite opportunities targeted at individual investors and traders.

In a recent AMA, the project team revealed that they work on token integration on several platforms to enable product and service purchases in $ACCG worldwide. According to a community admin, $ACCG staking kicks in January. The plans for 2022 include extensive marketing and PR, including audience outside of the crypto circle, in Q1 and expansion of the product lines into verticals in Q3.

This is the first cryptocurrency venture by the Australian Crypto Coin. They plan to issue more valuable cryptos and move them to a blockchain network of their own in the future. Their mission is to combat global problems with every new token creation with its benefits. The team expressed that they are open to suggestions from the community regarding the future development directions and invite contributors/ambassadors.

$ACCG has just launched. As you read this, its IEO is ongoing on Coinsbit and ends at noon UTC on January 18, 2022. See the link below, and mind that full KYC is required for participants. It’s nice to have new projects that address real problems, contribute to great causes, and make our world a better place. Give AccoinGreen a follow!

Coinsbit IEO: https://coinsbit.io/ieo-list/ACCG_96

Website: https://www.accoin.com.au/

White Paper: https://accoin.com.au/whitepaper

Facebook: https://www.facebook.com/accoinaus

Twitter: https://twitter.com/AccoinCrypto

Telegram: http://t.me/AladdinCenter_ANN

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

The post AccoinGreen ($ACCG) Review – IEO Is Now Live on Coinsbit appeared first on NullTX.

Source: null tx