Altcoinist: $1.5M Raised by Bitcoin.com Co-founder and ETH Dev to Revolutionize Creator Monetization

Altcoinist: $1.5M Raised by Bitcoin.com Co-founder and ETH Dev to Revolutionize Creator Monetization

Source: Bitcoinprbuzz.com

Press Release: Altcoinist is developing an on-chain subscription tool as a monetization solution for creator economies.

4 July, 2023, Dubai, UAE — Altcoinist, an on-chain gateway giving creators a new way to monetize and grow private communities, has successfully completed its pre-seed and initial seed round of financing, raising over $1.5M. Their Seed A round is led by EnigmaFund, a prominent venture capital firm known for its investments in web3 startups including SuperChain, Movement Labs, ATOR, Ready Games, Entangle Protocol, ZeroLend, and more.

On-Chain Solution For Creator Economies
Altcoinist aims to solve the broken monetization issue of the creator economy by introducing a seamless tool for creators to earn through forming private communities. Their solution leverages on-chain subscriptions for creators ensuring stable revenue streams while also facilitating automated revenue sharing between the creator and their community. This novel approach merges the proven monetization model of recurring payments with web3, while creators can enjoy increased earnings and retention within their community. 

Silur, Lead Developer at Altcoinist, emphasized the potential of Altcoinist: 

“Altcoinist is an interoperable tool creators can use to monetize that also acts as an engine fueling further growth, benefiting both the creator and their community, all powered by smart contract”

Backed By Experience

The core team at Altcoinist includes Christian Andsberg, Mate Tokay, Silur (Abraham Endre) and Konstantin Sebeo. Serial founders with impressive backgrounds in the web3 space. Mate founded Bitcoinist.com and co-founded Bitcoin.com, while Silur, a Forbes 30 under 30 honoree and Ethereum core developer, has delivered contributions to over 50 projects including Monero and Casper Labs. Their extensive experience includes building platforms that have onboarded over 40 million users to Web3.

Konstantin, Head of Research and Creator, stated:

“We’ve built a unique product empowering creators to set up their first business (a private community) in under a minute and start making on-chain recurring income. With us, everyone finally gets a fair chance at making a significant and sustainable living from value-based content”

Strong Early Interest

Altcoinist has already attracted dozens of creators supporting the project and garnered over 55 million organic impressions on Twitter/X this year. EnigmaFund’s involvement in Altcoinist’s Seed A round is a significant endorsement of their vision and potential. The fund is renowned for backing and advising projects that push the boundaries of blockchain technology: 

“Our investment and partnership will enable Altcoinist to accelerate its development and bring its innovative solutions to a wider audience”

In addition to EnigmaFund, Altcoinist has seen participation from other notable firms including AlphaCrypto Capital, Explore Capital, Crypto Society, MoonbootsDAO, and Excelsior.

Altcoinist is also supported by a distinguished group of backers and advisors, including Theodore Agranat (Advisor of Gunzilla Games, Movement Labs, Gaimin), Rich Robinson (Entrepreneur in Residence at Animoca Brands), Thomas McLeod (5x founder with exits to Coinbase, SurrealCMS, and Tencent), Aleksander Rendtslev (4x founder with ventures backed by a16z and General Catalyst), Austin Seiberlich (Advisor of Entangle, Superchain, Ready Games, ZeroLend), and Coco (Founder of TOSHI).

Altcoinist’s CEO, Christian Andsberg, expressed excitement about the partnership with EnigmaFund, stating: 

“We are thrilled to have EnigmaFund lead our round and join our advisory board. Their expertise and support will be invaluable as we’re paving the way for a more evolved creator economy.”

Future Outlook & Seed B Round 

Having designed a platform that enhances user value and ecosystem value as it scales, Altcoinist is poised to become a key player in the creator economy as they grow. Their unique focus on simple user deployment while abstracting the complexity of smart contracts sets them apart as a leader in the rapidly evolving space of web3. Altcoinist is now raising a follow-on Seed B round to aid their go-to-market efforts. The platform is built on Base chain, ensuring a robust and scalable EVM  infrastructure.

For more information about Altcoinist and its upcoming developments, follow them on x.com.

Media Contact

Contact Name: Christian Andsberg

Contact Email: info@altcoinist.com 

Altcoinist 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. 

Mercante Technologies to Launch AI-Powered Customer Support Platform

Mercante Technologies to Launch AI-Powered Customer Support Platform

Press Release: Mercante Technologies to launch automated B2B solution backed by AI-powered tools and competitive pricing. 

27 September 2023, London, UK — The team at Mercante Technologies are currently deep into the development phase of its groundbreaking AI-powered customer support solution. By leveraging cutting-edge technologies and AI algorithms, Mercante is crafting a platform designed to redefine the paradigms of business communications. 

Mercante is in the final stages of refining all aspects of the solution to ensure peak performance and user-friendly interactions upon release. The Minimum Viable Product (MVP) is expected to launch in Q4, 2023, and will provide businesses with a transformative tool to greatly elevate their customer support experience. 

Solutions, Tools, and Benefits

The Mercante platform will offer a broad range of automated solutions and tools that will benefit online businesses, including: 

  • Email Broadcast and Response Service: This tool can answer questions and respond to inquiries about business products instantly, converting potential leads into customers.
  • AI-backed Customer Service Experience: With Mercante’s AI, businesses can ensure swift, precise, and tailored interactions, mirroring the depth and nuance of human interactions. 
  • Seamless Integration: Transcending traditional email outreach, Mercante integrates with modern platforms, offering features like embedded online chats, Telegram compatibility, and more to come. 
  • Live AI chatbot: This tool converts website visitors into leads and paying customers by simplifying their cognitive workload.
  • Marketing Campaign Analytics: Mercante can also manage more complicated needs such as email marketing campaigns and help track important statistical insights from the site’s intuitive dashboard.

All these solutions are designed to maximize the user’s conversion rate. Mercante isn’t solely about communication, it’s a tool for growth. By elevating user interactions, businesses can witness a surge in conversion rates, seamlessly transforming leads into dedicated customers, and never miss a message again.

Viktor Rozenko, Head of Product at Mercante Technologies stated:

“We want users to be able to focus solely on running their businesses, while we handle the correspondence. The launch of our AI-backed solution is an open invitation for businesses globally to focus on their primary vision, leaving the complexities of customer interaction to our team of trusted experts.”

Competitive Cost Structure

Pricing transparency is a hallmark of Mercante’s ethos, and businesses will be guaranteed a highly competitive value. For comprehensive details and potential updates on the pricing structure, interested parties can visit this page.

Affiliate Marketing Campaign

In addition to its primary offerings, Mercante is thrilled to launch its affiliate marketing campaign. Champions of the brand can earn a rewarding 8% commission for each successful deal that they broker.

Anyone interested in learning more about Mercante’s business solutions can send an email to business@mercante.ai or visit their official website.

Media Contact Details

Contact Name: Melissa Rae

Contact Email: sales@mercante.ai

Mercante Technologies 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.

 

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SURF Reward Launches Browser Extension with Cryptocurrency Rewards & IDO Presale

SURF Reward Launches Browser Extension with Cryptocurrency Rewards & IDO Presale


Press Release:
Abelius Capital AG to launch ‘SURF Reward’, an internet  browser extension that monetizes advertisements into cryptocurrency. 

 

February 16, 2023, Dusseldorf, Germany — German company Abelius Capital AG has announced the launch of its Surf2earn internet web browser extension, SURF Reward. The extension will enable users to view selected advertisements in exchange for SURF tokens. The company has also announced an IDO for the SURF token, which will run on Binance Smart Chain (BSC). 

 

The Problem with Ads 

The Internet advertising industry is worth hundreds of billions of dollars, but almost none of those profits go to the people who are consuming the ads. As a bi-product of this issue, internet users frequently turn to tools like AdBlockers to hide ads, resulting in companies not reaching their potential customers, and users sometimes being restricted in accessing various sites. 

 

What is SURF Reward?

SURF Reward offers a solution to this problem with its ‘Surf2Earn’ extension, which is compatible with all major web browsers. The extension removes the majority of the advertising that the user would ordinarily be forced to view, replacing them with much fewer, select ads, controlled by SURF Reward. 

 

Armin Heinrichs, Founder of SURF Reward, stated: 

 

Companies make millions of dollars when internet users are forced to watch unwanted advertisements. SURF Rewards enables its users to remove the majority of advertisements and earn crypto rewards with our revolutionary Surf2Earn-enabled, web browser extension.”

 

By exchanging individual advertising spaces with its own advertising partners, SURF Reward is able to take profits from the webmasters and give them directly to their users, in the form of SURF tokens. This short explanatory YouTube video explains in detail the idea and functionality of the SURF Reward browser extension. 

 

Surf2Earn

The Surf2Earn concept distributes the advertising revenue intelligently, so not only the user is rewarded, but also the liquidity and the associated value increases steadily through use. The SURF token will run on Binance Smart Chain, (BSC) and will be a reward and payment method for all users. 

 

SURF Tokenomics 

Token Symbol: SURF

Name: SURF Reward

Platform: BEP-20 / Binance Smart Chain (BSC)

Total Supply: 1,000,000,000 SURF

PreSale Supply: 200,000,000

Presale Softcap: $1,500,000

Presale Hardcap: $5,000,000

Presale Price: $0.03 USD

Listing Price: $0.05 USD

Contract Address: 0x21141Bbe528627933A32FFF65EB695EBe20C1d1f 

 

Follow the channels of SURF Reward to stay up to date with the latest news. SURF Reward is already offering a demo version, proving its vision and functionality while preparing for its mainnet launch.

 

SURF Reward Socials

Twitter | Telegram | YouTube

 

Media Contact Details

Contact Name: David Wojdas

Contact Emailinfo@surfreward.io

 

Abelius Capital AG 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

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Wanchain Launches Cross-chain USDT XFlows with Bridge Upgrade

Press Release: Wanchain launches the cross-chain XFlows bridge update, bringing native-to-native USDT cross-chain transfers for Ethereum, BNB, and many other top coins. 

 

28th September 2022, London Wanchain has announced its new ‘XFlows’ cross-chain bridge upgrade which will revolutionize trading of the world’s number one stablecoin, USDT, against many other widely used tokens. This new upgrade brings native-to-native USDT cross-chain transfers for Ethereum, BNB Chain, OKC, Polygon, Arbitrum, and more to be announced soon. 

 

What are USDT XFlows? 

USDT is minted natively on more than a dozen blockchains. Until now, the easiest way to move USDT between these chains has been to use centralized exchanges. Users can now use Wanchain’s industry-best cross-chain bridges to execute decentralized, non-custodial native-to-native USDT cross-chain transfers between Ethereum, BNB Chain, OKC, Polygon, and Arbitrum – colloquially referred to as XFlows. USDT XFlows are native-to-native USDT cross-chain transfers between blockchains where USDT is natively minted by Tether.  

 

What Happens to Pre-Existing USDT Bridges?

Wanchain previously developed Direct Bridges, a method that uses a ‘lock-mint-burn-unlock’ method in which native tokens (like USDT) on the source chain would be locked before a mirrored copy, or wrapped token, is minted on the destination chain. To unlock the original token, the wrapped token is then subsequently burned.

 

Powered by Wanchain’s cross-chain bridges, XFlows offers a seamless experience that exists in concert with these pre-existing bridges. When bridging USDT to another network, users will automatically receive native USDT if native USDT exists on the destination chain. However, if USDT does not exist on the destination chain, users will receive wrapped USDT. 

 

The Mechanics of XFlows

When bridging an asset that is minted natively on both the source and destination chains, a lock-mint-burn-unlock mechanism is not a viable option as users will undoubtedly want to receive the native asset, rather than a wrapped version. 

 

With this new solution, when someone bridges their USDT from Ethereum to Polygon, their USDT is first added to a native liquidity pool on Ethereum before the same number of USDT is removed from the pool on Polygon. 

 

Wanchain bridge nodes balance pools of native USDT on Ethereum, BSC, OKC, Polygon & Arbitrum to enable native USDT cross-chain transfers; all without sacrificing security and decentralization. USDT XFlows are executed using the same secure multi-party computation (sMPC) architecture that distinguishes Wanchain’s interoperability solutions.

  

Who Provides the USDT liquidity?

With these new native USDT cross-chain transfers, Wanchain is introducing a new method of liquidity provision that avoids the trappings of centralized liquidity and incentivized liquidity alternatives. 

 

The USDT liquidity that powers Wanchain’s USDT XFlows is provided by users who bridge their USDT to another network using the lock-mint-burn-unlock mechanism. The USDT that is locked on a source chain, before wrapped USDT is minted on a destination chain, doubles as the liquidity powering native-to-native USDT cross-chain transfers.

 

The combination of the lock-mint-burn-unlock and liquidity pool methods is a major innovation in the field of cross-chain technology. The number of wrapped USDT in circulation is always equivalent to the total native USDT locked in liquidity pools across all chains. 

 

As more wrapped USDT is minted, regardless of the network, more native USDT is added to the liquidity pools. These new USDT XFlows are both owned and powered by the users giving them more control over their money, and the network. 

 

Current & Upcoming Bridges 

USDT XFlows are currently supported by direct bridges connecting Arbitrum, BNB Chain, CLV P-Chain, Ethereum, Moonriver, OKC, Polygon, Wanchain, and XDC Network. In the future, Wachain’s USDT XFlows will support native USDT on Avalanche C-Chain and Tron. Additionally, Wanchain is working towards launching XFlows for the second biggest stablecoin, USDC, which would give users coverage for almost all of the stablecoin market. 

 

Media Contact

Contact Name: Temujin Louie

Contact Email: info@wanchain.org 

 

Wanchain Socials

Twitter | Telegram | Medium  

 

Wanchain 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. 

 

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Wanchain Launches Cross-chain USDT XFlows with Bridge Upgrade

Press Release: Wanchain launches the cross-chain XFlows bridge update, bringing native-to-native USDT cross-chain transfers for Ethereum, BNB, and many other top coins. 

 

28th September 2022, London Wanchain has announced its new ‘XFlows’ cross-chain bridge upgrade which will revolutionize trading of the world’s number one stablecoin, USDT, against many other widely used tokens. This new upgrade brings native-to-native USDT cross-chain transfers for Ethereum, BNB Chain, OKC, Polygon, Arbitrum, and more to be announced soon. 

 

What are USDT XFlows? 

USDT is minted natively on more than a dozen blockchains. Until now, the easiest way to move USDT between these chains has been to use centralized exchanges. Users can now use Wanchain’s industry-best cross-chain bridges to execute decentralized, non-custodial native-to-native USDT cross-chain transfers between Ethereum, BNB Chain, OKC, Polygon, and Arbitrum – colloquially referred to as XFlows. USDT XFlows are native-to-native USDT cross-chain transfers between blockchains where USDT is natively minted by Tether.  

 

What Happens to Pre-Existing USDT Bridges?

Wanchain previously developed Direct Bridges, a method that uses a ‘lock-mint-burn-unlock’ method in which native tokens (like USDT) on the source chain would be locked before a mirrored copy, or wrapped token, is minted on the destination chain. To unlock the original token, the wrapped token is then subsequently burned.

 

Powered by Wanchain’s cross-chain bridges, XFlows offers a seamless experience that exists in concert with these pre-existing bridges. When bridging USDT to another network, users will automatically receive native USDT if native USDT exists on the destination chain. However, if USDT does not exist on the destination chain, users will receive wrapped USDT. 

 

The Mechanics of XFlows

When bridging an asset that is minted natively on both the source and destination chains, a lock-mint-burn-unlock mechanism is not a viable option as users will undoubtedly want to receive the native asset, rather than a wrapped version. 

 

With this new solution, when someone bridges their USDT from Ethereum to Polygon, their USDT is first added to a native liquidity pool on Ethereum before the same number of USDT is removed from the pool on Polygon. 

 

Wanchain bridge nodes balance pools of native USDT on Ethereum, BSC, OKC, Polygon & Arbitrum to enable native USDT cross-chain transfers; all without sacrificing security and decentralization. USDT XFlows are executed using the same secure multi-party computation (sMPC) architecture that distinguishes Wanchain’s interoperability solutions.

  

Who Provides the USDT liquidity?

With these new native USDT cross-chain transfers, Wanchain is introducing a new method of liquidity provision that avoids the trappings of centralized liquidity and incentivized liquidity alternatives. 

 

The USDT liquidity that powers Wanchain’s USDT XFlows is provided by users who bridge their USDT to another network using the lock-mint-burn-unlock mechanism. The USDT that is locked on a source chain, before wrapped USDT is minted on a destination chain, doubles as the liquidity powering native-to-native USDT cross-chain transfers.

 

The combination of the lock-mint-burn-unlock and liquidity pool methods is a major innovation in the field of cross-chain technology. The number of wrapped USDT in circulation is always equivalent to the total native USDT locked in liquidity pools across all chains. 

 

As more wrapped USDT is minted, regardless of the network, more native USDT is added to the liquidity pools. These new USDT XFlows are both owned and powered by the users giving them more control over their money, and the network. 

 

Current & Upcoming Bridges 

USDT XFlows are currently supported by direct bridges connecting Arbitrum, BNB Chain, CLV P-Chain, Ethereum, Moonriver, OKC, Polygon, Wanchain, and XDC Network. In the future, Wachain’s USDT XFlows will support native USDT on Avalanche C-Chain and Tron. Additionally, Wanchain is working towards launching XFlows for the second biggest stablecoin, USDC, which would give users coverage for almost all of the stablecoin market. 

 

Media Contact

Contact Name: Temujin Louie

Contact Email: info@wanchain.org 

 

Wanchain Socials

Twitter | Telegram | Medium  

 

Wanchain 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. 

 

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Source: thinkbitcoins

Chimeras Launches Open Alpha Version of Metaverse Game

Press Release: Chimeras announces the launch of the open alpha version of its P2E metaverse game.

 

Tuesday, July 5th, 2022, Mahe, Seychelles – The Chimeras Metaverse project is delighted to announce the launch of the Open Alpha version of the game. The new and updated version is already available for download by all players willing to take part in the amazing Chimeras Universe.

 

The update will give all players the ability to delve deeper into the lore of Chimeras and gain even more advantages for moving up the rating charts.

 

Joining the Open Alpha does not require players to own NFTs or stake CHIM tokens. The Open Alpha version also includes positive changes and improvements. Among them are vastly updated sound settings, new quests, and new game bonuses for players that give the opportunity to win valuable prizes.

 

As an added piece of game content to help flesh out the world of Chimeras, the team invites everybody to enjoy the full-length cinematic trailer on YouTube. The full video is now available on the official Chimeras YouTube channel, showcasing the game’s exciting battle mechanics and extensive functionality in gorgeous detail with a healthy zest of humor.

 

Chimeras players can also download the mobile app for Android phones, with the iOS app set to be made available shortly!

 

How to Register? 

To participate in the Open Alpha, players have to undergo direct registration by email on the Chimeras official website – a straightforward and hassle-free process.

 

Depending on the method of registration in the game during the Open Alpha period, players receive certain in-game bonuses. 

 

All participants of the Open Alpha who hold more than 300 CHIM tokens in their wallets will be eligible for a bonus Chimera. The unique creature will allow its holders to achieve better results throughout in-game progress and give them more chances to claim higher spots on the leaderboards. Free registration will provide no bonuses for the Open Alpha period.

 

Awards and Ratings

The Open Alpha version of Chimeras retains the Leaderboards showcasing top-performing players. The Leaderboards will be available on the project’s official website and be updated in real-time. However, the criterion for determining a player’s place in the Leaderboards rating is a currency created specifically for the Open Alpha – meet the Alpha Medal (non-NFT)!

 

Players will receive Alpha Medals from 3 main in-game sources:

  1. As part of rewards received from loot boxes for Chimeras’ shifts worked out in Mines.
  2. Crafting as part of Alchemy.
  3. As part of quest rewards.

 

All Alpha Medals are displayed as numerical values on the official website Leaderboard opposite the player’s nickname. Players are already familiar with such a depiction of ratings since it was previously applied to the Portal Stones.

 

As the Open Alpha completes, players receive rewards depending on their place in the Leaderboards. The rewards include CHIM Tokens, Chimeras, Chosen Ones, and unique Account Avatars.

On a special note – all players who manage to score rankings from 1 to 500 during the Open Alpha will receive special NFT avatars that they will be able to use as their profile picture in the game. Such a unique feature will instantly position them as distinguished members of the community and honorary ranking holders on the Open Alpha Leaderboard.

 

The quest system remains unchanged in the Open Alpha. All quests are posted on the personal account, and players are free to fulfill their conditions in the game. Players who fulfill the quests will receive the promised in-game prizes.

 

It’s Finally Here!

The Chimeras Metaverse Team is delighted to have reached the Open Alpha version stage and welcomes all players to join the game and dive into the exciting gameplay, enjoy the stunning graphics, and have fun in this vast, open world!

 

The Open Alpha is a more inclusive Alpha version that gives all players the ability to join, enjoy the game and provide invaluable feedback. The main purpose of the Open Alpha is to test the game’s technologies and mechanics on a larger number of users and allow the team to improve the product from a technical perspective, thus preparing it for Global Launch with a smooth transition for all players.

 

The Global Launch of the game, once it is ready for full deployment, will give players the chance to enjoy an even more advanced version of the product with more features, including real mining and direct earnings. This is set to take place in a few month’s time! 

 

Chimeras welcomes all players to take advantage of the new opportunity to win amazing prizes in the Open Alpha and propel their in-game progress like never before!

 

For more about Chimeras and the launch of the Open Alpha version of its metaverse, visit their main website here

 

Follow Chimeras on Twitter

Join the Chimeras community on Telegram Group

Read the Chimeras blog on Medium

Join the conversation on Discord

Stay up-to-date with Chimeras on YouTube

 

Media Contact Details

Contact Name: Yuliya Prekrasnova

Contact Telegram: @Chimeras_PR

 

CHIMERAS 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

YOP Finance Launches Three-Click Yield Farming Platform for DeFi

YOP Finance Launches Three-Click Yield Farming Platform for DeFi

Press Release: YOP Finance has launched a platform that lets users earn the highest passive income on their crypto across top blockchain platforms from a clean, simple, and easy-to-use application.

 

May 24th, 2022, Seychelles – YOP Finance, the DeFi interface that lets users earn passive income on their crypto assets, is now live for all users. Following a highly successful private launch, this will be the first time all users will be able to use the platform. Users can take advantage of the YOP vaults and earn passive income on their crypto with APYs as high as 65%. The platform is designed to be intuitive and extremely easy to use, removing any barriers to entry for the average investor to earn passive income that were earlier available to only a select few.

 

Since its public launch, the platform has already reached over $1Million in TVL, with $600,000 being locked in the first 72 hours. The YOP vaults will initially have increased caps to enable a large number of users to invest and earn passive income on their digital assets. 

 

Getting Started With YOP

The YOP Finance vaults were launched to all users on 4 May 2022, where users could head to the vaults app and start depositing their crypto. Users can access the Vaults by depositing either stablecoins or wBTC and wETH. 

 

The YOP vaults are a combination of multiple strategies put together with different weights to offer maximum returns while reducing risk exposure. Using smart contracts, these vaults continually reinvest earnings, compounding returns and achieving maximum yield for investors.

 

While the platform already offers high base APYs, users can unlock even higher returns with YOP’s booster feature. Users simply have to stake $YOP tokens in the YOP LockBox to increase earnings. The higher the stake in the LockBox, the more significant APY boost each user gets. The Boost is in the form of a multiplier x1 — x10, which applies to the Reward APY, which is above the base APY of the vault.

 

Post a successful launch, Barry Downes, COO of Pluto Digital, the parent company of YOP, said: 

“YOP makes participation in a complicated area of crypto simple and accessible for all giving people the control, insights, and flexibility all from a single application. Now anyone can start staking their crypto and start earning a passive income with a click of a button.”

About YOP 

YOP Finance offers an opportunity for passive income to anyone looking to make returns on their crypto without having to deep-dive into the world of DeFi. Removing the redundant jargon and extra clumsy UIs, the YOP platform makes investing and earning simple for everyone. The platform is secured by an in-house team of security specialists and audited by industry-leading crypto entities. 

 

The team behind the YOP platform is a transparent and deanonymized mix of seasoned builders with crypto natives. The team combined has decades of experience building simple yet effective products that can shape the future. 

 

As the public launch concludes, YOP is excited to bring more features to its investors. With the $YOP utility token, investors can enter a rich ecosystem that offers stellar APYs and much more. 

 

For more about YOP Finance and its new passive income focussed platform, visit their main website here.

 

Check out the YOP app

Follow YOP on Twitter 

Contribute to the YOP conversation on Discord

Join the YOP community on Telegram 

Connect with YOP on LinkedIn

Read the YOP blog on Medium

 

Media Contact Details

Contact Name: George Turpin

Contact Email: georgie@plutodigital.com

 

YOP 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

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Source: thinkbitcoins

YOP Finance Launches Three-Click Yield Farming Platform for DeFi

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Press Release: YOP Finance has launched a platform that lets users earn the highest passive income on their crypto across top blockchain platforms from a clean, simple, and easy-to-use application.

 

May 24th, 2022, Seychelles – YOP Finance, the DeFi interface that lets users earn passive income on their crypto assets, is now live for all users. Following a highly successful private launch, this will be the first time all users will be able to use the platform. Users can take advantage of the YOP vaults and earn passive income on their crypto with APYs as high as 65%. The platform is designed to be intuitive and extremely easy to use, removing any barriers to entry for the average investor to earn passive income that were earlier available to only a select few.

 

Since its public launch, the platform has already reached over $1Million in TVL, with $600,000 being locked in the first 72 hours. The YOP vaults will initially have increased caps to enable a large number of users to invest and earn passive income on their digital assets. 

 

Getting Started With YOP

The YOP Finance vaults were launched to all users on 4 May 2022, where users could head to the vaults app and start depositing their crypto. Users can access the Vaults by depositing either stablecoins or wBTC and wETH. 

 

The YOP vaults are a combination of multiple strategies put together with different weights to offer maximum returns while reducing risk exposure. Using smart contracts, these vaults continually reinvest earnings, compounding returns and achieving maximum yield for investors.

 

While the platform already offers high base APYs, users can unlock even higher returns with YOP’s booster feature. Users simply have to stake $YOP tokens in the YOP LockBox to increase earnings. The higher the stake in the LockBox, the more significant APY boost each user gets. The Boost is in the form of a multiplier x1 — x10, which applies to the Reward APY, which is above the base APY of the vault.

 

Post a successful launch, Barry Downes, COO of Pluto Digital, the parent company of YOP, said: 

“YOP makes participation in a complicated area of crypto simple and accessible for all giving people the control, insights, and flexibility all from a single application. Now anyone can start staking their crypto and start earning a passive income with a click of a button.”

About YOP 

YOP Finance offers an opportunity for passive income to anyone looking to make returns on their crypto without having to deep-dive into the world of DeFi. Removing the redundant jargon and extra clumsy UIs, the YOP platform makes investing and earning simple for everyone. The platform is secured by an in-house team of security specialists and audited by industry-leading crypto entities. 

 

The team behind the YOP platform is a transparent and deanonymized mix of seasoned builders with crypto natives. The team combined has decades of experience building simple yet effective products that can shape the future. 

 

As the public launch concludes, YOP is excited to bring more features to its investors. With the $YOP utility token, investors can enter a rich ecosystem that offers stellar APYs and much more. 

 

For more about YOP Finance and its new passive income focussed platform, visit their main website here.

 

Check out the YOP app

Follow YOP on Twitter 

Contribute to the YOP conversation on Discord

Join the YOP community on Telegram 

Connect with YOP on LinkedIn

Read the YOP blog on Medium

 

Media Contact Details

Contact Name: George Turpin

Contact Email: georgie@plutodigital.com

 

YOP 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

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Bnext Receives Additional $4.5 Million Investment, Led by Borderless Capital to Drive DeFi on Algorand

Bnext PR 2 Final Graphic

Press Release: Bnext announces a total investment of $10 million, as the Spanish fintech giant prepares to complete its token sale. 

 

5th May 2022, Madrid — Borderless Capital has increased their investment in Spanish Fintech, Bnext, to $10 million with a new investment of $4.5 million. 

 

What This Means For Bnext

This latest investment will help further Bnext’s goal to continue introducing bleeding-edge financial technologies throughout 2022 and beyond. Borderless Capital will not only provide financial support but also offer invaluable expertise in the Algorand blockchain ecosystem which will help Bnext accelerate the development of its numerous financial products and drive the adoption of DeFi technology on a global scale. 

 

Algorand & Bnext

The Algorand blockchain offers numerous technological benefits including faster transaction speed efficiency, lower fees, no mining requirements, and a permissionless pure proof of stake (PPoS) approach to consensus, to name a few. Bnext has already leveraged Algorand to power its wallet app and is developing several more use cases for the future. 

 

Private IDO for Algorand Community 

To show support for the Algorand community, Bnext will be reappropriating 350 million B3X tokens for a private IDO, launching on a leading Algorand DEX soon. These tokens represent all that remains from Phase 2 of the initial B3X token sale. 

 

In addition to the IDO allocation, all Algorand community members who participate and hold tokens on the DEX will have priority access to new functionalities and other benefits. Information on the IDO will be released on Bnext’s social media channels in the coming weeks.

 

Bnext Public Token Sale Raises Over €5 Million

Bnext partially closed its public token sale on March 31, 2022, successfully raising over 5 million euros. The token sale spanned two 7-day phases across March; phase one saw participants buy 360 million B3X utility tokens in the first few hours and another 15 million were purchased in phase two.

 

The remaining B3X tokens from phase two, after the expected IDO, will be burnt to increase liquidity. The token sale has thus far collectively raised €11 million, with Bnext reserving the last remaining tokens for a private IDO for the Algorand community. 

 

B3X Token Utility 

The B3X token is a utility token that underpins the entire Bnext ecosystem, whose mission is to bring financial freedom to a global community of banked and unbanked by expanding access to a growing selection of next-generation financial tools and remaining committed to continuously improving the user experience. 

 

The continued support from Borderless Capital will help Bnext to strengthen its growing community and bring more value to users through international expansion. Forthcoming products on the Bnext roadmap include a robust reward system, a diversified marketplace, the crypto wallet app with buying and selling conditions, international money transfers, user discounts, and more. 

 

To learn more about how more people are taking back full control of their finances visit the Bnext website

 

Media Contact Info

Contact Name: Bnext Media Team

Contact Email: media-team@bnext.es 

 

Bnext Links 

Telegram ESP | Telegram ENG | Instagram | Twitter | LinkedIn | Facebook 

 

Bnext App

App Store | Google Pay 

 

Algorand Links

Twitter | LinkedIn | Facebook | Telegram | Medium | Discord

 

Borderless Capital

Twitter | LinkedIn 

 

Bnext 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 Bnext Receives Additional $4.5 Million Investment, Led by Borderless Capital to Drive DeFi on Algorand appeared first on Bitcoin PR Buzz.

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Source: thinkbitcoins

Bnext Receives Additional $4.5 Million Investment, Led by Borderless Capital to Drive DeFi on Algorand

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Press Release: Bnext announces a total investment of $10 million, as the Spanish fintech giant prepares to complete its token sale. 

 

5th May 2022, Madrid — Borderless Capital has increased their investment in Spanish Fintech, Bnext, to $10 million with a new investment of $4.5 million. 

 

What This Means For Bnext

This latest investment will help further Bnext’s goal to continue introducing bleeding-edge financial technologies throughout 2022 and beyond. Borderless Capital will not only provide financial support but also offer invaluable expertise in the Algorand blockchain ecosystem which will help Bnext accelerate the development of its numerous financial products and drive the adoption of DeFi technology on a global scale. 

 

Algorand & Bnext

The Algorand blockchain offers numerous technological benefits including faster transaction speed efficiency, lower fees, no mining requirements, and a permissionless pure proof of stake (PPoS) approach to consensus, to name a few. Bnext has already leveraged Algorand to power its wallet app and is developing several more use cases for the future. 

 

Private IDO for Algorand Community 

To show support for the Algorand community, Bnext will be reappropriating 350 million B3X tokens for a private IDO, launching on a leading Algorand DEX soon. These tokens represent all that remains from Phase 2 of the initial B3X token sale. 

 

In addition to the IDO allocation, all Algorand community members who participate and hold tokens on the DEX will have priority access to new functionalities and other benefits. Information on the IDO will be released on Bnext’s social media channels in the coming weeks.

 

Bnext Public Token Sale Raises Over €5 Million

Bnext partially closed its public token sale on March 31, 2022, successfully raising over 5 million euros. The token sale spanned two 7-day phases across March; phase one saw participants buy 360 million B3X utility tokens in the first few hours and another 15 million were purchased in phase two.

 

The remaining B3X tokens from phase two, after the expected IDO, will be burnt to increase liquidity. The token sale has thus far collectively raised €11 million, with Bnext reserving the last remaining tokens for a private IDO for the Algorand community. 

 

B3X Token Utility 

The B3X token is a utility token that underpins the entire Bnext ecosystem, whose mission is to bring financial freedom to a global community of banked and unbanked by expanding access to a growing selection of next-generation financial tools and remaining committed to continuously improving the user experience. 

 

The continued support from Borderless Capital will help Bnext to strengthen its growing community and bring more value to users through international expansion. Forthcoming products on the Bnext roadmap include a robust reward system, a diversified marketplace, the crypto wallet app with buying and selling conditions, international money transfers, user discounts, and more. 

 

To learn more about how more people are taking back full control of their finances visit the Bnext website

 

Media Contact Info

Contact Name: Bnext Media Team

Contact Email: media-team@bnext.es 

 

Bnext Links 

Telegram ESP | Telegram ENG | Instagram | Twitter | LinkedIn | Facebook 

 

Bnext App

App Store | Google Pay 

 

Algorand Links

Twitter | LinkedIn | Facebook | Telegram | Medium | Discord

 

Borderless Capital

Twitter | LinkedIn 

 

Bnext 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 Bnext Receives Additional $4.5 Million Investment, Led by Borderless Capital to Drive DeFi on Algorand appeared first on Bitcoin PR Buzz.

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