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Tag: Blockchains

Beginner’s Guide to NFTs: What Are Non-Fungible Tokens?

Non-fungible tokens, or NFTs, are digital assets that are provably unique. They can be used to represent both tangible and intangible items.

Layer 1 Blockchains Defy Early Year Crypto Downturn

Several layer one blockchains are firmly in the green, despite the wider crypto market falling to start the new year.

Private sale is sold out – Pre-sale launched for EnviDa

Berlin, Germany, Jan 12, 2022 - (ACN Newswire) - EnviDa, sold out for private sale in December 2021. On 01.01.2022, EnviDa's pre-sale launched. EnviDa, which has collected € 1.5M through private sales, is pursuing the same success in pre-sale.


In recent years, a concept called crypto mining has entered our lives. With cryptomining, a new income source has been born for people. For example, in 2013, miners earned a total of $1 million per month. In 2021, the daily earnings of miners totaled $60 million.

However, this was not easy…

Mining of the most well-known cryptocurrencies such as Bitcoin, Ethereum became more difficult as the unmined amount decreased. Therefore, different technologies have developed to be able to mine cryptocurrencies. As technology developed, the cost of mining equipment increased.

As a result of all these developments, cryptocurrency mining has become complex and inextricable. Old technologies are no longer profitable. The amount of electricity wasted has caused environmental problems. Some countries have banned crypto mining. European Union countries have also been discussing recently about regulating cryptocurrency mining due to the environmental effects of electricity consumption.

DriveMining seeks to find solutions to these problems.

Berlin-based DriveMining offers a different alternative to both cryptocurrency mining and energy consumption. DriveMining is integrated into electric-hybrid vehicles or large but diesel vehicles such as buses and trucks, mining cryptocurrencies while the vehicle is in motion. DriveMining can mine EnviDa Token and 10 different cryptocurrencies thanks to the programmability feature of the FPGA chips it uses.

DriveMining collects environmental data such as carbon dioxide emissions, carbon footprint and air pollution, thanks to a sensor integrated into the device, and transfers this data to the EnviDa blockchain. Thus, a database is created that can travel all over the world and saves the environmental data it visits to an immutable and transparent blockchain. The data collected here will provide a holistic perspective to the projects to be produced in the future within the scope of combating the climate crisis. The huge data library created on the EnviDa blockchain can be purchased in exchange for EnviDa Token.

DriveMining currently provides B2B services. Taxi stands, truck fleets, bus companies will be able to earn passive income through cryptocurrency mining by installing DriveMiner on their vehicles. Next, DriveMining will offer its home edition mining technology to the public.

EnviDa's future plans

Street imaging is among the future plans of the EnviDa project, which has a flexible structure due to its technology. Thanks to the 360-degree camera system to be integrated into the vehicles with DriveMiner, vehicles that are already in traffic will be able to collect street images of the areas they pass. Again, these images can be converted via oracle and saved on the EnviDa blockchain. In this way, an indelible visual pool will be created that shows the change of streets retrospectively and constantly updated street images can be included in map applications.

In addition, EnviDa has its eye on future relay chain technology. If the relay chain technology is implemented, the EnviDa blockchain can communicate with other blockchains and strengthen each other more, creating a larger data pool.

Assembly place leased

EnviDa Token started pre-sale as of January 1, 2022. They collected 1.5 million euros in a sold out private sale. According to their statement, with this money, they rented the assembly place of DriveMiners in Berlin, the capital of Germany. In this place, DriveMiners will be mounted on electric-hybrid vehicles and large but diesel vehicles such as trucks and buses.

Reminder: EnviDa's pre-sale is still ongoing. You can go to envidatoken.io ( http://envidatoken.io/ ) address and learn more by reading WhitePaper.

About the Company

The DriveMining Project - EnviDa - is a cryptocurrency project that opens the door to efficient and passive mining for a wide range of audiences.

Social Links:
Facebook: https://www.facebook.com/envida.datatracking
Twitter: https://www.twitter.com/envidadatatrack
Instagram: https://www.instagram.com/envida.datatracking
Reddit: https://www.reddit.com/r/EnviDa/
Telegram: https://t.me/envidatokenio

Media Contact
EnviDa
Huseyin Uysal, CEO
E: hello@envidatoken.io
W: https://envidatoken.io

SOURCE: EnviDa



Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.com

Ethereum-compatible smart contract parachain Moonbeam is live on Polkadot

The day of the long-awaited launch has dawned, as Moonbeam, an Ethereum-compatible smart contract parachain, went live on Polkadot.

The post Ethereum-compatible smart contract parachain Moonbeam is live on Polkadot appeared first on CryptoSlate.

Luxor Launches Bitcoin ASIC Trading Desk

The bitcoin mining services provider said it would purchase and sell rigs on behalf of its team and miners and investors on its network.

Associated Press to Launch New NFT Marketplace Using Polygon

American media giant Associated Press (AP) will be launching a new non-fungible token (NFT) marketplace that utilizes the Polygon (MATIC) blockchain. The platform, built by NFT-focused platform-as-a-service company Xooa, will feature an initial collection of photography from current and former AP journalists and a variety of digitally enhanced versions of their work. The media company […]

The post Associated Press to Launch New NFT Marketplace Using Polygon appeared first on Coin Bureau.

American footballer Dez Bryant to launch NFTs that track player stats with support from Chainlink

Dez Bryant’s Personal Corner recently announced the launch of dynamic NFTs that will change based on a specific athlete’s stats, such as touchdowns, interceptions, tackles, sacks, and more–with support from Chainlink Sports Data Feeds.

The post American footballer Dez Bryant to launch NFTs that track player stats with support from Chainlink appeared first on CryptoSlate.

PayPal Confirms What We All Knew

January 10, 2022       /       Unchained Daily       /       Laura Shin Daily Bits ✍️✍️✍️ PayPal confirms that it is exploring a stablecoin backed by[...]

The post PayPal Confirms What We All Knew appeared first on Unchained Podcast.

50% of All Financial Transactions Ethereum-based Within Ten Years

Joey Krug, chief investment officer at digital asset investment giant Pantera Capital, believes that half of all financial transactions will ultimately involve Ethereum. According to a report from Bloomberg, Krug says that the explosion in competitors are unlikely to have success in dethroning the Ethereum blockchain. “If you roll the clock forward 10 to 20 […]

The post 50% of All Financial Transactions Ethereum-based Within Ten Years appeared first on Coin Bureau.

Ethereum 2022: The Force Awakens

Last year was a turning point for the entire crypto industry. One thing that stood out was the growth of Defi, a decentralized financial system that is primarily based on the Ethereum blockchain. Ethereum not only made Defi possible but NFTs that went viral and primarily live on the Ethereum blockchain. Ethereum is powering just […]

The post Ethereum 2022: The Force Awakens appeared first on Daily Fintech.

Kadena Deepdive! The Blockchain Trilemma solved?!

When it comes to consensus mechanisms, Proof-of-Work (PoW) is often dubbed as a relic of the past that is being replaced with other mechanisms such as Proof-of-Stake (PoS). The most common argument against PoW blockchains is that they are just too energy-intensive and costly. I’m sure you’ve heard this narrative if you’ve been in crypto […]

The post Kadena Deepdive! The Blockchain Trilemma solved?! appeared first on Coin Bureau.

Top 3 Crypto to invest in 2022

  FintechNews staff The cryptocurrency market has grown tremendously over the past decade. Since Bitcoin was launched in 2022, other cryptocurrencies have joined the market, and now, over 10,000 coins are available. While this large number depicts that the crypto market has grown, it has proven hard for new investors to know the best crypto […]

The post Top 3 Crypto to invest in 2022 appeared first on Fintech News.

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