Acta Finance Enters The Avalanche Ecosystem After Successfully Rebranding From ADA Finance

Acta Finance Enters The Avalanche Ecosystem After Successfully Rebranding From ADA Financeconsole.debug(‘TRINITY_WP’, ‘Skip player from rendering’, ‘is single: , is main loop: 1, is main query: 1’);console.debug(‘TRINITY_WP’, ‘trinity_content_filter’);

Press Release: DeFi ecosystem, ADA Finance, has rebranded to Acta Finance, launching a new native token $ACTA, as well as developing its own AMM, ActaFi Swap.

 

March 14th, 2022, Mahe Victoria, Seychelles – ADA Finance, a pioneering decentralized finance (DeFi) ecosystem which will operate on Avalanche initially, has successfully completed a rebrand, changing its name to Acta Finance (ActaFi). In addition to this rebrand, the ActaFi team have also been developing their own native Automated Market Maker (AMM) protocol, ActaFi Swap.

 

The ActaFi team took the name ‘Acta’ from the latin phrase ‘Acta non verba’, which translates to ‘deeds not words’ reflecting the team’s focus on substantive development and community building within the crypto space. 

 

Commenting on the rebrand, ActaFi’s CEO & Founder, Christof Waton, said:

 

“Initially, we only wanted to launch on Cardano, but we couldn’t risk oru investors’ funds developing on an early-stage blockchain that is still prone to vulnerabilities and scalability issues. Therefore we started to develop the same ecosystem, within the same project, on Avalanche in parallel. The name ADA Finance limited the interest of people that are anti or neutral towards ADA / Cardano, with our token on Avalanche and utilities on Avalanche, it was better to perform the rebrand to a neutral name, hence Acta Finance.” 

 

Pioneering the DeFi space

ActaFi’s rebrand is accompanied by several new feature releases and announcements which will lay the foundation for ActaFi Swap. The first is an onchain affiliate program which will incentivise Acta community members to attract new users to the ecosystem, encouraging organic community growth. 

 

This will work in conjunction with the onchain staking of $ACTA, the ecosystem’s new token. Users will be able to stake $ACTA in the normal way, maturing their stake to claim governance rights in the ecosystem’s new decentralized autonomous organization (DAO) when it becomes available. 

TGE incentives for $ACTA will be made public on April 5th, 2022 and both $ACTA staking and the ecosystem’s affiliate program are currently being audited by Solidity Finance. 

 

A New Approach to AMMs

ActaFi’s new AMM, ActaFi Swap, is set to launch later in 2022 and will include several new features which put it at the cutting edge of AMM protocols. 

 

Firstly, ActaFi Swap will follow Uniswap v3’s concentrated liquidity model, a model that allows liquidity to be allocated within a custom price range. Although this requires more maintenance than the passive function adopted by most common AMMs, the ability to customize price ranges  allows liquidity providers to provide their capital in a more efficient way according to their needs. As a result it is preferred by experienced digital asset managers, market makers and funds as it allows them to act more dynamically to market changes. 

 

Secondly, the ActaFi team is targeting decentralization and interoperability from the offset like competing aggregators, such as 1inch. This will provide maximum liquidity for the ActaFi ecosystem, ensuring that the AMM can achieve the most efficient prices for its assets. 

 

Finally, ActaFi Swap will include a token bridge as a secondary function built into the swap, allowing users to benefit from access to greater liquidity for an asset on other blockchains (e.g. Ethereum, Cardano and Avalanche.). Consequently, users have the best possible price outcome for the assets they want to exchange. This is a feature of the most sophisticated DeFi ecosystems, but is often too complex for regular users to make use of. ActaFi Swap will simplify the user experience to make toke bridges more accessible to the regular user. 

 

For more information on ActaFi Swap, read this blog

 

Building on a Year of Success 

 

Both ActaFi’s rebrand and the development of its own AMM follow a year of positive press, business development and community building for the ActaFi team. The team received an award for Best DeFi Project of the Year at the AIBC Summit in Malta in November 2021. Consequently, the team attracted the attention of several KOLs in the crypto space, including over 70 YouTubers with a global reach of over 8 million people. The team also managed to secure an investment from Roger Ver (AKA Crypto Jesus), former CEO of Bitcoin.com and early investor in Bitcoin.

 

The ActaFi team are now leveraging this success to position themselves at the forefront of the DeFi space, with the rebrand putting emphasis firmly on development. 

 

For more information on how Acta Finance is positioning itself as a leading innovator in the DeFi space, visit their website here

 

Follow ActaFi on Twitter 

Join the ActaFi community on Telegram 

Connect with ActaFi on LinkedIn

Stay up-to-date with ActaFi on Medium 

 

Media Contact Details

Contact Email: marketing@actafi.org 

 

ACTA 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.

 

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The post Acta Finance Enters The Avalanche Ecosystem After Successfully Rebranding From ADA Finance appeared first on Bitcoin PR Buzz.

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Acta Finance Enters The Avalanche Ecosystem After Successfully Rebranding From ADA Finance

Acta Finance Enters The Avalanche Ecosystem After Successfully Rebranding From ADA Financeconsole.debug(‘TRINITY_WP’, ‘Skip player from rendering’, ‘is single: , is main loop: 1, is main query: 1’);console.debug(‘TRINITY_WP’, ‘trinity_content_filter’);

Press Release: DeFi ecosystem, ADA Finance, has rebranded to Acta Finance, launching a new native token $ACTA, as well as developing its own AMM, ActaFi Swap.

 

March 14th, 2022, Mahe Victoria, Seychelles – ADA Finance, a pioneering decentralized finance (DeFi) ecosystem which will operate on Avalanche initially, has successfully completed a rebrand, changing its name to Acta Finance (ActaFi). In addition to this rebrand, the ActaFi team have also been developing their own native Automated Market Maker (AMM) protocol, ActaFi Swap.

 

The ActaFi team took the name ‘Acta’ from the latin phrase ‘Acta non verba’, which translates to ‘deeds not words’ reflecting the team’s focus on substantive development and community building within the crypto space. 

 

Commenting on the rebrand, ActaFi’s CEO & Founder, Christof Waton, said:

 

“Initially, we only wanted to launch on Cardano, but we couldn’t risk oru investors’ funds developing on an early-stage blockchain that is still prone to vulnerabilities and scalability issues. Therefore we started to develop the same ecosystem, within the same project, on Avalanche in parallel. The name ADA Finance limited the interest of people that are anti or neutral towards ADA / Cardano, with our token on Avalanche and utilities on Avalanche, it was better to perform the rebrand to a neutral name, hence Acta Finance.” 

 

Pioneering the DeFi space

ActaFi’s rebrand is accompanied by several new feature releases and announcements which will lay the foundation for ActaFi Swap. The first is an onchain affiliate program which will incentivise Acta community members to attract new users to the ecosystem, encouraging organic community growth. 

 

This will work in conjunction with the onchain staking of $ACTA, the ecosystem’s new token. Users will be able to stake $ACTA in the normal way, maturing their stake to claim governance rights in the ecosystem’s new decentralized autonomous organization (DAO) when it becomes available. 

TGE incentives for $ACTA will be made public on April 5th, 2022 and both $ACTA staking and the ecosystem’s affiliate program are currently being audited by Solidity Finance. 

 

A New Approach to AMMs

ActaFi’s new AMM, ActaFi Swap, is set to launch later in 2022 and will include several new features which put it at the cutting edge of AMM protocols. 

 

Firstly, ActaFi Swap will follow Uniswap v3’s concentrated liquidity model, a model that allows liquidity to be allocated within a custom price range. Although this requires more maintenance than the passive function adopted by most common AMMs, the ability to customize price ranges  allows liquidity providers to provide their capital in a more efficient way according to their needs. As a result it is preferred by experienced digital asset managers, market makers and funds as it allows them to act more dynamically to market changes. 

 

Secondly, the ActaFi team is targeting decentralization and interoperability from the offset like competing aggregators, such as 1inch. This will provide maximum liquidity for the ActaFi ecosystem, ensuring that the AMM can achieve the most efficient prices for its assets. 

 

Finally, ActaFi Swap will include a token bridge as a secondary function built into the swap, allowing users to benefit from access to greater liquidity for an asset on other blockchains (e.g. Ethereum, Cardano and Avalanche.). Consequently, users have the best possible price outcome for the assets they want to exchange. This is a feature of the most sophisticated DeFi ecosystems, but is often too complex for regular users to make use of. ActaFi Swap will simplify the user experience to make toke bridges more accessible to the regular user. 

 

For more information on ActaFi Swap, read this blog

 

Building on a Year of Success 

 

Both ActaFi’s rebrand and the development of its own AMM follow a year of positive press, business development and community building for the ActaFi team. The team received an award for Best DeFi Project of the Year at the AIBC Summit in Malta in November 2021. Consequently, the team attracted the attention of several KOLs in the crypto space, including over 70 YouTubers with a global reach of over 8 million people. The team also managed to secure an investment from Roger Ver (AKA Crypto Jesus), former CEO of Bitcoin.com and early investor in Bitcoin.

 

The ActaFi team are now leveraging this success to position themselves at the forefront of the DeFi space, with the rebrand putting emphasis firmly on development. 

 

For more information on how Acta Finance is positioning itself as a leading innovator in the DeFi space, visit their website here

 

Follow ActaFi on Twitter 

Join the ActaFi community on Telegram 

Connect with ActaFi on LinkedIn

Stay up-to-date with ActaFi on Medium 

 

Media Contact Details

Contact Email: marketing@actafi.org 

 

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

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Source: thinkbitcoins

RR2 Capital Expands Portfolio with Strategic Investment in DAG-based DeFi Platform Aleph Zero

RR2-Capital-x-alephconsole.debug(‘TRINITY_WP’, ‘Skip player from rendering’, ‘is single: , is main loop: 1, is main query: 1’);console.debug(‘TRINITY_WP’, ‘trinity_content_filter’);

Press Release: RR2 Capital is expanding its disruptive technology investment portfolio, announcing a strategic investment into privacy-preserving platform, Aleph Zero.

 

February 14th, 2022, Lisbon, Portugal – RR² Capital, a pioneering venture capital firm empowering the ‘new internet’, has announced a strategic investment in cutting-edge DAG-based DeFi platform Aleph Zero. The move forms part of a calculated expansion in RR²’s disruptive technology investment portfolio, which is spearheaded by a thesis centered on digital assets, blockchain technology, A.I. and Machine Learning.

 

The investment took place through RR² Capital’s participation in a private funding round during November 2021. With over 7 years experience as an incubator for more than 120+ disruptive start-ups RR² is poised to accelerate Aleph Zero’s rapid growth.

 

Aleph Zero at the Forefront of a DeFi Revolution

Aleph Zero plans to deploy the funding received in the strategic investment to expand efforts in the DLT’s ecosystem development and marketing, alongside a boost to the progressive team of blockchain visionaries driving forward the project’s roadmap. 

 

Substantial progress has already been made since the closure of the initial funding rounds, in just three months Aleph Zero has managed to engage a total of 30 staff on a full-time basis – including 20 software developers. The investment has also enabled Aleph Zero to bring in the expertise of more than 20 project consultants and advisors. 

 

Part of the strategic investment is focused on bringing awareness to the important transition into fast, low-cost, privacy-enhancing, and highly scalable blockchains that have the capacity to meet the demands of enterprise. RR² will contribute towards Aleph Zero’s community building and brand awareness, a fundamental area of strength for the venture capital firm which boasts an impressive community of over 320,000+ members. 

 

Explaining the ethos behind the decision to back the sophisticated blockchain venture, Richard Seiler, Partner at RR² Capital commented: 

 

“Firstly, our interest in DAG-based chains, Aleph Zero has designed an incredible piece of technology and we wanted to be a part of this development. Our fund mission statement says we invest in teams and projects who are developing innovative and disruptive technologies. This could not be more true than with the Aleph Zero team.” 

 

Speaking about the collaboration with RR² Capital, Aleph Zero’s Co-Founder, Antoni Zolciak added:

 

“We appreciate the relationship with RR2 Capital due to their technical know-how as well as appreciation not only for the project’s market share potential, but also for the design of the technology itself. We see RR2 as value-add investors.”

 

About Aleph Zero

Aleph Zero is a privacy-focused, DAG-based layer 1 protocol, designed to provide a solution to the ‘blockchain trilemma’, a protocol level issue with blockchain technology that forces blockchain-based protocols to trade off between decentralization, scalability and security. By utilizing DAG as an intermediate data structure, Aleph Zero managed to achieve instant transaction finality, yet still produce blockchain as a result.

 

Powered by a novel consensus protocol presented at the Advances in Financial Technology conference in 2019, Aleph Zero upgrades current decentralized ledger technology to provide near-zero fees, privacy and the potential for infinite scalability, as well as true decentralization. The team behind Aleph Zero’s core development, Cardinal Cryptography, also secured a Web3 Foundation grant for development of Substrate randomness beacon.

 

The Aleph Zero team’s mission is to enable access to a world-class decentralized infrastructure by bringing transparency and privacy to individuals and institutions whenever they seek to directly exchange value with one another.

 

Alpha Zero is currently in phase 3 of their ambitious roadmap, which include the implementation of native tokens transfers on its mainnet, the introduction of smart contracts and the integration of commonly-used programming language Rust.

 

About RR² Capital

RR² Capital is a Lisbon-based venture capital firm which specializes in disruptive technology spaces such as decentralized ledger technology, artificial intelligence, machine learning and digital assets. They believe that many traditional businesses and organizations will implement these technologies, adding immense value to the core of those businesses.

 

RR² Capital’s mission is to capture this value by investing in early stage projects and teams leading this innovation, as well as those businesses that are promoting adoption. The team operates a strategy centered on a long-term vision, developing long standing relationships, utilizing trusted advisors in decision-making, building an integrated network of first-movers and instilling the trait of flexibility in its team. 

 

This has positioned RR² Capital as experts in value creation, reporting 1,011% returns across a portfolio of 120+ investments in 2021.

 

For more information about RR2 and their expansive disruptive technology-focussed investment portfolio, visit their website here

 

Follow RR² Capital on Twitter

 

Media Contact Details

Contact Email: media@rr2.capital

 

RR² CAPITAL 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 RR2 Capital Expands Portfolio with Strategic Investment in DAG-based DeFi Platform Aleph Zero appeared first on Bitcoin PR Buzz.

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RR2 Capital Expands Portfolio with Strategic Investment in DAG-based DeFi Platform Aleph Zero

RR2-Capital-x-aleph

Press Release: RR2 Capital is expanding its disruptive technology investment portfolio, announcing a strategic investment into privacy-preserving platform, Aleph Zero.

 

February 14th, 2022, Lisbon, Portugal – RR² Capital, a pioneering venture capital firm empowering the ‘new internet’, has announced a strategic investment in cutting-edge DAG-based DeFi platform Aleph Zero. The move forms part of a calculated expansion in RR²’s disruptive technology investment portfolio, which is spearheaded by a thesis centered on digital assets, blockchain technology, A.I. and Machine Learning.

 

The investment took place through RR² Capital’s participation in a private funding round during November 2021. With over 7 years experience as an incubator for more than 120+ disruptive start-ups RR² is poised to accelerate Aleph Zero’s rapid growth.

 

Aleph Zero at the Forefront of a DeFi Revolution

Aleph Zero plans to deploy the funding received in the strategic investment to expand efforts in the DLT’s ecosystem development and marketing, alongside a boost to the progressive team of blockchain visionaries driving forward the project’s roadmap. 

 

Substantial progress has already been made since the closure of the initial funding rounds, in just three months Aleph Zero has managed to engage a total of 30 staff on a full-time basis – including 20 software developers. The investment has also enabled Aleph Zero to bring in the expertise of more than 20 project consultants and advisors. 

 

Part of the strategic investment is focused on bringing awareness to the important transition into fast, low-cost, privacy-enhancing, and highly scalable blockchains that have the capacity to meet the demands of enterprise. RR² will contribute towards Aleph Zero’s community building and brand awareness, a fundamental area of strength for the venture capital firm which boasts an impressive community of over 320,000+ members. 

 

Explaining the ethos behind the decision to back the sophisticated blockchain venture, Richard Seiler, Partner at RR² Capital commented: 

 

“Firstly, our interest in DAG-based chains, Aleph Zero has designed an incredible piece of technology and we wanted to be a part of this development. Our fund mission statement says we invest in teams and projects who are developing innovative and disruptive technologies. This could not be more true than with the Aleph Zero team.” 

 

Speaking about the collaboration with RR² Capital, Aleph Zero’s Co-Founder, Antoni Zolciak added:

 

“We appreciate the relationship with RR2 Capital due to their technical know-how as well as appreciation not only for the project’s market share potential, but also for the design of the technology itself. We see RR2 as value-add investors.”

 

About Aleph Zero

Aleph Zero is a privacy-focused, DAG-based layer 1 protocol, designed to provide a solution to the ‘blockchain trilemma’, a protocol level issue with blockchain technology that forces blockchain-based protocols to trade off between decentralization, scalability and security. By utilizing DAG as an intermediate data structure, Aleph Zero managed to achieve instant transaction finality, yet still produce blockchain as a result.

 

Powered by a novel consensus protocol presented at the Advances in Financial Technology conference in 2019, Aleph Zero upgrades current decentralized ledger technology to provide near-zero fees, privacy and the potential for infinite scalability, as well as true decentralization. The team behind Aleph Zero’s core development, Cardinal Cryptography, also secured a Web3 Foundation grant for development of Substrate randomness beacon.

 

The Aleph Zero team’s mission is to enable access to a world-class decentralized infrastructure by bringing transparency and privacy to individuals and institutions whenever they seek to directly exchange value with one another.

 

Alpha Zero is currently in phase 3 of their ambitious roadmap, which include the implementation of native tokens transfers on its mainnet, the introduction of smart contracts and the integration of commonly-used programming language Rust.

 

About RR² Capital

RR² Capital is a Lisbon-based venture capital firm which specializes in disruptive technology spaces such as decentralized ledger technology, artificial intelligence, machine learning and digital assets. They believe that many traditional businesses and organizations will implement these technologies, adding immense value to the core of those businesses.

 

RR² Capital’s mission is to capture this value by investing in early stage projects and teams leading this innovation, as well as those businesses that are promoting adoption. The team operates a strategy centered on a long-term vision, developing long standing relationships, utilizing trusted advisors in decision-making, building an integrated network of first-movers and instilling the trait of flexibility in its team. 

 

This has positioned RR² Capital as experts in value creation, reporting 1,011% returns across a portfolio of 120+ investments in 2021.

 

For more information about RR2 and their expansive disruptive technology-focussed investment portfolio, visit their website here

 

Follow RR² Capital on Twitter

 

Media Contact Details

Contact Email: media@rr2.capital

 

RR² CAPITAL 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 RR2 Capital Expands Portfolio with Strategic Investment in DAG-based DeFi Platform Aleph Zero appeared first on Bitcoin PR Buzz.

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

Source: BPRB Feed

Source: thinkbitcoins

dCloud Storage Platform SINOVATE & Blockchain Marketing Agency Bitcoin PR Buzz Announce Partnership

SINOVATE dCloud

14th December 2020, Turkey – dCloud storage platform SINOVATE and veteran crypto marketing agency Bitcoin PR Buzz announce a key partnership to highlight the increasing need for a more viable long-term dCloud data solution, and reinforce the importance of industry partnerships for the adoption of dCloud worldwide.

 

What is SINOVATE? 

SINOVATE (SIN) is open-source state of the art community-driven digital cryptocurrency, and 

decentralized cloud data storage platform. Voted ‘Most Exciting Data Protocol’ at HackerNoon Noonies 2020, SINOVATE has developed its in-house DIN technology with the aid of Incorruptible Data Storage (IDS) to bring the dCloud market a solution like nothing seen before. 

 

IDS is the SINOVATE decentralized private cloud network mechanism for sending, storing, and verifying encrypted data files. IDS uses the ‘MINI SIN’ Infinity Node Layer and blockchain architecture to process and store data. 

 

Realising the need to improve upon existing and inefficient models of masternode storage, SINOVATE have released their fully in-house designed and written masternode structure, DIN. DIN’s code has been designed to work in perfect harmony with IDS, which needs the nodes to store and transfer decentralized data. This means that the node is provably fair with its rewards, removing the potential for chain splits, as on-chain nodes Schnorr MuSig instead of dated BLS signatures.

 

SINOVATE’s DIN & IDS provide an impregnable foundation for countless other projects to build their solution on, offering superior security to anything seen before. Highly secure decentralized data storage and transfer equates for a massive use-case for any startup requiring fast, secure data storage: That is just about every company in today’s modern world. 

 

SIN coin rewards provide the two-pronged benefit of incentivising users to maintain nodes, stimulate healthy network growth and stability. The Proof of Burn feature mitigates against token dumping and counteracts the inflationary issues seen in similar projects, whilst having no limit to the number of nodes on the network addresses any questions about scalability. 

 

Bitcoin PR Buzz – Industry Recognised

Founded in 2012, Bitcoin PR Buzz is a leading crypto marketing agency and an early pioneer for Bitcoin mass adoption, helping to give a voice to some of the first disruptive projects in the crypto-sphere. The company works with emerging innovative projects, helping them to break-out into the global market by leveraging its strong, long-term partnerships with major blockchain, mainstream, and fintech media providers across the globe. 

 

In September 2020 Bitcoin PR Buzz helped Bridge.Link to sell out its 8 Million USD IEO in 6 hours, and In 2017 Bitcoin PR Buzz helped payment protection provider UTRUST to secure the $21 Million USD Hardcap target for its ICO. Other notable work includes a long-term relationship with blockchain heavyweight ARK, and a partnership spanning over 5 years with online gaming industry leader Coingaming. 

 

SINOVATE for Mass Adoption

Bitcoin PR Buzz has worked with over 850 companies across industries including blockchain, e-commerce, gambling, trading, pharmaceutical/medical, and gaming – but it is in its long-term industry partnerships that it sees the most value for blockchain mass adoption. 

 

The Bitcoin PR Buzz and SINOVATE partnership will create a launchpad to educate the market about the potentially groundbreaking Deterministic Infinity Node (DIN) technology, how it could completely revolutionize the data storage market, and reinforce the the importance of industry partnerships in order to achieve the mass adoption of blockchain technology.

 

SINOVATE Blockchain Developers 

SINOVATE’s rise in the dCloud Industry is largely thanks to its innovative blockchain developers

Xuantan Nguyen (Xtdev) and Giacomo Milligan. (Giaki3003/SINTOSHIS)

 

Xtdev is a highly experienced Big data and data mining specialist. He is also the innovator of Deterministic Infinity Nodes and one of the lead developers and Master SINOVATORS of SIN.

 

Giaki3003 is the second lead developer on SINOVATE team and fellow Master SINOVATOR. He is also a highly experienced blockchain core developer, as well as Innovator of the upcoming PoS4 custom proof-of-stake algorithm, and hybrid consensus. 

 

Together they make a uniquely experienced and highly skilled duo and creators of the technical evolution that is SINOVATE. 

 

Looking Ahead for SINOVATE

SINOVATE launched its innovative Deterministic Infinity Nodes (DIN) 1.0 via hard-fork on November 21st 2020, and already has an impressive 1450+ nodes running perfectly, with expectations to increase this to 5,000+ nodes by mid-2021. This next milestone is expected to coincide with the next big hard-fork BETELGEUSE, which will see many of the exciting IDS-based (dCloud, blockchain mail, SIN mobile messenger) solutions with launch in Q2, 2021. DIN’s code is likelyto become the reference point amongst masternode structured coins as the standard.

 

The first iteration of IDS-based solutions will include the potential functionality of “datastore” for file-saving on the DIN blockchain provided by bFTP protocol, the sending of mails on anonymous way with SIN Mobile messenger, and updates like the fourth generation of Proof-of-Stake (PoS) that will allow to add passive incomes alongside DIN and the HCO program.

 

For more information about SINOVATE, please visithttps://sinovate.io/

Join the conversation on Discordhttps://discordapp.com/invite/CWbnW5y

Official SINOVATE Telegram Channel – https://t.me/SINOVATEChain

Official SINOVATE Mediumhttps://medium.com/@sinovatechain

Keep up to date on Twitterhttps://twitter.com/SinovateChain

 

Media Contact Details

Contact Name: Alex Thurston

Contact Email: alex.t@bitcoinprbuzz.com

 

SINOVATE is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

 

About Bitcoin PR Buzz: Bitcoin PR Buzz has been proudly serving the crypto press release distribution needs of blockchain start-ups for over 8 years. Get your Bitcoin Press Release Distribution today.

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Introducing SINOVATE: The Future of Decentralized Cloud Storage

decentralized cloud

Bitcoin Press Release: Decentralized cloud data storage platform SINOVATE launch groundbreaking new solution, Deterministic Infinity Nodes. 

 

4th December 2020, TurkeyDecentralized cloud data storage platform SINOVATE is developing its own in-house blockchain technology known as Deterministic Infinity Nodes (DIN). The potentially groundbreaking new tech works in unison with Incorruptible Data Storage (IDS) to create a new consensus system with security levels never seen before. 

 

Market Growth & Unsustainable Solutions

The data storage industry is Projected to exceed $80 Billion USD in the next 4 years as a result of the rise of mobile devices, the app market, and growth across Blockchain IoT, AI, and e-commerce. The market is split between Mainstream providers (Amazon, Microsoft) and the new, more technically secure blockchain-backed (Storj, Filecoin) dCloud alternatives. 

 

Mainstream cloud data providers are struggling with consistent data breaches, exposing a whole range of sensitive information (logins, passwords, IP addresses), while some blockchain alternatives face problems with token inflation. 

 

What is SINOVATE?

SINOVATE is a (SIN) decentralized cloud data storage platform that offer a potential solution to 

these ongoing problems. Its unique decentralized data storage network is backed by Deterministic Infinity Nodes (DIN) which interact seamlessly with Incorruptible Data Storage (IDS), through a novel protocol called bFTP (blockchain-based File Transfer Protocol). 

 

Masternodes Vs Infinity Nodes

Masternode networks support many other dCloud projects but most still suffer from issues with inflation. Although the (initial) high rate of return for masternodes projects is attractive to investors, this leads to inflation, reducing the incentive for a user to continue to maintain a node as the token falls over time, negatively affecting the network. 

 

SINOVATE’S Deterministic Infinity Nodes reduce inflation and promote network growth through its Infinity Nodes. Infinity Nodes use a unique Proof of Burn (PoB) feature, burning a specific amount of SIN across the 12 month node lifespan. This counters inflation by reducing the amount of SIN in circulation, and creates a new proof of transaction type called BurnTx. 

 

Legacy masternode-based networks are susceptible to vulnerabilities and attacks which can result in reward stealing and node instability. Infinity nodes solve the new deterministic algorithm: lock/reward and PoB to bring provably fair deterministic rewards, with bulletproof stability, and network stability. 

 

DIN 1.0 Hard Fork

On the 21st of November 2020, SINOVATE concluded a hard fork bringing online its innovative Deterministic Infinity Nodes (DIN) 1.0, at block 550,000. The network will consist of more than 1,800 DIN that will bring more data storage capacity to the network. There are already over 1,400 nodes running on the network with expectations of 5,000 nodes in 2021. 

 

DIN uses a deterministic score system based on Schnorr Signature to retrieve that data from IDS. bFTP allows the user to easily re-authenticate to any of the nodes that hold a copy of the stored data using the deterministic “score” algorithm. 

 

Incorruptible Data Storage

IDS is being developed carefully to allow a fully secure and reliable network for a worldwide decentralized Cloud (Cloud 3.0). This demands the development of a variety of technical features. The first step of IDS will be delivered in Q2 2021 which will give the possibility to use the functionality “DataStore” for saving your file in the DIN of the blockchain, send mails with unprecedented blockchain-based mailing system or write to your friends in a fully secure and anonymous way with SIN Mobile messenger. 

 

SINOVATE will go beyond to provide security, decentralization, and efficiency by updating the blockchain to the Bitcoin core 0.21 and by delivering a fourth generation of Proof-of-Stake (PoS4) built in-house that will allow to add passive incomes alongside DIN and the HCO program.

 

To Infinity And Beyond

Exponential growth in numerous data-centric markets and the rise of mobile devices has exposed a severe lack of a viable long-term solution for the world’s future data storage needs. Blockchain-based dCloud platforms do address some of the security failings of their mainstream counterparts, but many face questions of token inflation. 

 

SINOVATE’s decentralized infinity node architecture and incorruptible data storage underlayer provide an incredibly secure foundation upon which new companies can be built, and its Proof of Burn feature offers both a answer to network sustainability, inflation, while offering everyone involved a chance to benefit for being apart of its future vision for decentralized data. 

 

SINOVATE Blockchain Developers 

SINOVATE’s rise in the dCloud Industry is largely thanks to its innovative blockchain developers

Xuantan Nguyen (Xtdev) and Giacomo Milligan. (Giaki3003/SINTOSHIS)

 

Xtdev is a highly experienced Big data and data mining specialist. He is also the innovator of Deterministic Infinity Nodes and one of the lead developers and Master SINOVATORS of SIN.

 

Giaki3003 is the second lead developer on SINOVATE team and fellow Master SINOVATOR. He is also a highly experienced blockchain core developer, as well as Innovator of the upcoming PoS4 custom proof-of-stake algorithm, and hybrid consensus.

 

Together they make a uniquely experienced and highly skilled duo and creators of the technical evolution that is SINOVATE. 

 

Check out SINOVATE and start running a node today

 

Read about SINOVATE on the Official bloghttps://sinovate.io/blog

Join the conversation on Discordhttps://discordapp.com/invite/CWbnW5y

Official SINOVATE Telegram Channel – https://t.me/SINOVATEChain

Meet the Team on LinkedInhttps://linkedin.com/in/sinovhttps://sinovate.io/ate-foundation-818672172

Official SINOVATE Mediumhttps://medium.com/@sinovatechain

 

Media Contact Details

Contact Name: Alex Thurston

Contact Email: alex.t@bitcoinprbuzz.com

 

SINOVATE is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

 

About Bitcoin PR Buzz: Bitcoin PR Buzz has been proudly serving the crypto press release distribution needs of blockchain start-ups for over 8 years. Get your Bitcoin Press Release Distribution today.

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Bitcoin Casino LuckyB.it Offers Winnings up to 15 BTC and a $1000 Instant Deposit Bonus

Bitcoin Press Release: Bitcoin community-driven betting platform LuckBit have announced some of the best promotions available today. This includes a 100% instant deposit bonus of up to $1,000, a 15BTC max winand a transparent, tiered affiliate program. 

 

22st October, 2020, Curacao – Founded in 2013 as a Bitcoin Community project, LuckyBit is known for its original in-house developed games, transparent nature and huge payouts. The community based LuckyBit casino is now offering everyone the chance to claim an instant deposit bonus of up to $1,000 for a first deposit, and win a 15 BTC prize from a single bet. 

 

In addition to these industry-leading payouts; LuckyBit is willing to share up to 50% of the site’s entire gaming revenue with the sites affiliate program allowing players to earn passive income with their well planned, transparent and tiered program.

 

Win Up To 15BTC And A 100% Instant Deposit Bonus

LuckyBit players can win a massive 15BTC prize from a single bet. The odds of hitting a 15BTC jackpot are not high, so LuckyBit have decided to double everyone’s chance at winning, with a 100% instant deposit bonus, up to $1,000 USD. To try and cater for whales and minnows alike, LuckyBit has a 3-tiered deposit bonus structure, so everyone can benefit from the promotion.   

 

Tier 1: Players depositing up to $1,000 will get an additional $1,000 bonus instantly in their account. To withdraw the bonus or winnings players will need to wager the bonus amount (deposit+bonus) 55x within 15 days, after which time the bonus will expire.

 

Tier 2: The second tier enables players depositing up to $500 to double their deposit, and only have to wager their (deposit+bonus) 45x within 15 days from their second deposit.

Tier 3: Players depositing up to $250 will also double their deposits, and can withdraw their funds by simply wagering the total (deposit + bonus) 35x within 15 days.

 

Earn Passive Income as a LuckyBit Affiliate 

A huge 50% of it’s gaming revenue can be allocated for the renowned LuckyBit affiliate programme. This generous company standard stays true to LuckyBit’s provably fair business model, while offering its users a transparent, competitively tiered revenue share model. 

 

The affiliate program takes into consideration the total of all bets made, less payouts, bonuses and fees to come to a calculation of the ‘net gaming revenue’. The total revenue is then divided using a 5-tiered share model, with new affiliates guaranteed a minimum 35% share of revenue for the first three months of their membership. 

 

Tier 1 ( 0-1 BTC Revenue) – 25% Share

Tier 2 (1-3BTC Revenue) – 30% Share

Tier 3 (3-10BTC Revenue) – 35% Share

Tier 4 (10BTC – 25BTC Revenue) – 40% Share

Tier 5 (25+ BTC) – 50% Share

 

Players simply have to share their referral link with new players. These players then sign-up using that link, deposit money (get that sweet 100% bonus) and start betting for the chance to win up to 15 BTC. 

 

No Negative Carryover (NNCO)

Players at LuckyBit are protected by something called NCCO. This means that negative revenue results for LuckyBit, (like players winning large sums of BTC) will not affect affiliate players chances for payouts next month. In this event, Instead of losing BTC players balance would just be reset to 0. 

 

The LuckyBit affiliate programme gives everyone the chance to create risk-free passive income in BTC, in addition to the many generous promotions, the 15BTC prize and transparent, unique gaming experience that they are known across the industry. 

 

Win up to 15 BTC on LuckBit Plinko –  https://luckyb.it

Join the Affiliate programmehttps://affiliate.luckyb.it/

BitcoinTalk Thread https://bitcointalk.org/index.php?topic=5211259.640

Follow LuckyBit on Twitterhttps://www.twitter.com/luckybitgames

Follow LuckyBit on Facebookhttps://www.facebook.com/luckybitgames/

LuckyBit on Instagramhttps://www.instagram.com/luckybitgames/

 

Media Contact Details

Contact name: Martin Prinosil

Email: martin@luckybit-entertainment.com

 

LuckyB.it is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

About Bitcoin PR Buzz: Bitcoin PR Buzz has been proudly serving the crypto press release distribution needs of blockchain start-ups for over 8 years. Get your Bitcoin Press Release Distribution today.

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CorionX and Syscoin Join Hands to Drive Stablecoin Adoption, CorionX IEO Enters Third Round

Press Release: The Corion and Syscoin non-profit foundations have announced a partnership to address blockchain market interoperability issues and accelerate stablecoin adoption. The CorionX IEO third round started on the 5th October, 2020

 

6th October 2020, Zug, Switzerland – The non-profit Corion Foundation is pleased to announce a new partnership with the Syscoin Foundation. The foundation partnership is the result of a shared vision to make global access to swift, safe low-cost Open Finance solutions a reality. 

 

The foundations of Corion and Syscoin will coordinate campaigns to educate and spread awareness using AMAs, Webinars, Training Sessions, Seminars, Working Groups, and all other means. They will also work together on marketing and certain business development initiatives. CorionX is hosting the third and final round of its CORX DeFi token IEO which started on Probit exchange on Monday the 5th of October, 5:00am (GMT+2

 

The ETH Conundrum

Scalability and cost are two of the biggest factors that determine whether or not a new digital currency will have a chance to be adopted on a global scale. Ethereum is currently the blockchain of finance, but increasing stablecoin and DeFi transactions have exacerbated an already congested network, only equipped to process around 15 transactions per second. 

 

Such congestion has resulted in record ETH transaction fees ($15 this September) for ERC-20 token users, and by even the most optimistic claims, the phase zero groundwork of the solution promised by the ETH 2.0 Launch will not come into effect until November, 2020. With stablecoins unable to go mainstream due to Ethereum network limitations, and big questions still hanging over token scalability, it seems that interoperability is the next logical step

 

The Stable Solution

The Syscoin and Corion foundations are currently working together to provision Syscoin Bridge, a decentralized cross-chain interoperability solution that works today, to support CorionX (CORX), Corion’s ERC-20 token and other Ethereum-based Stablecoins and DeFi tokens. The Layer 2 and Cross-Chain bridge solution provides scalability and microtransactions, solving the micropayments issue and scaling-up stablecoin transactions. 

 

This Solution will provide cheaper and faster transactions enabled by Syscoin’s unique Z-DAG Protocol, and more robust security offered by Syscoin’s blockchain which is bitcoin-core-compliant and merge-mined. 

 

Jag Sidhu, Syscoin Foundation Chairman stated: 

 

“Our combined focus will include specific stablecoins, DeFi, and helping the unbanked and over-banked. Together we will drive wider adoption of blockchain technology.“

 

Syscoin and CorionX believe that with the right solutions asset-backed digital tokens on the blockchain will create more efficient and beneficial economies. Lower costs, easier compliance, greater convenience for users, and more participation. The integration between the two companies will solve problems with interoperability, and provide fast, cheap scalable transactions. 

 

A Step Towards Mass Adoption

CorionX is designed to create the global framework for education, expansion, and promotion for the usage of stablecoins, CBDCs, crypto saving, lending, OpenFinance and DeFi. 

Corion Foundation’s #MoneyInTheRightDirection Movement has already started aiding the paradigm shift towards the mass adoption of crypto, digital and programmable money.

 

Miklos Denkler, Corion Foundation Board Member, explains the great ambition of the partnership, stating: 

 

“This partnership will expand crypto and stablecoin use-cases, and help millions of people and crypto communities use CorionX and Syscoin services worldwide. It presents an amazing opportunity for both partners to empower the crypto community to make scalable transactions, experience user friendly DeFi, and to make cryptocurrency savings and investment more mainstream.” 

 

This pioneering movement includes the Corion educational organizations, crypto projects, influencers, financial providers, independent investors, and journalists who all support the mainstream adoption and education of crypto assets, stablecoins and Decentralized Finance solutions. The CorionX utility token itself even supports the everyday use of crypto, with benefits through business partnerships, white label solutions, and Token Loyalty Staking with quarterly rewards. 

CorionX IEO 

Following a successful second round, CorionX is preparing for its third IEO round for its CORX token on Probit Launchpad, The IEO token funds will be used towards the #MoneyInTheRightDirection Movement’s programs, Integrations, Staking, Savings, Benefits and CashBacks.

 

IEO Details

Token: CorionX (CORX)

Token Type: ERC-20

Round Date: 2020-10-05 05:00 (GMT+2)

Price 1 CORX = 0.015 USDT

Token Bonus: PROB: 7%, USDT, BTC, ETH: 5%

IEO total token supply: 61.5 million

Bonus Lockup: 3 months after listing

 

About Corion Foundation

Corion Foundation is a non-profit organization,founded in 2016. It was created with the aim of helping the development and spread of stablecoins and reliable cryptocurrencies across the world. 

               

About Syscoin Foundation

Founded in 2018, the Syscoin Foundation is a non-profit organization that represents the Syscoin core development team, secures the code repositories, and oversees public relations for the protocol. Its goal is to expedite the global adoption of blockchain technology by demonstrating the unique decentralization features offered by Syscoin Platform.

 

Join the 3rd round of the CorionX IEO – https://www.probit.com/en-us/ieo/corx-round1/2  Learn more about the about the Corion Foundation https://corion.io 

Follow CorionX on Facebookhttps://www.facebook.com/CorionFoundation

Find CorionX on Twitterhttps://twitter.com/CorionPlatform

Join the CorionX community on Telegramhttps://t.me/corionx

Read about CorionX on Mediumhttps://medium.com/@Corion

 

Learn more about the Syscoin-Ethereum Bridgehttps://syscoin.org/syscoin-bridge 

Find Syscoin on Twitterhttps://twitter.com/syscoin 

Join the Syscoin community on Telegram https://t.me/Syscoin_Official 

 

Media Contact Details

Contact name: Miklos Denkler

Email: info@corion.io

 

CorionX is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

The post CorionX and Syscoin Join Hands to Drive Stablecoin Adoption, CorionX IEO Enters Third Round appeared first on Bitcoin PR Buzz.

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