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Coachella and FTX to Sell Lifetime Festival Passes as Solana-based NFTs

Following a collaboration with FTX, Coachella launched NFT collections of "unique experiences" and lifetime passes.

Take a Leisurely Stroll Through a Virtual Museum of Video Game Lockpicking Mechanics

Even when I visited museums on the regular, I'd never been to one quite like Johnnemann Nordhagen's Museum of Mechanics: an interactive museum built in a video game to showcase a specific type of game mechanic. In this case: lockpicking.

GALA Technical Analysis: Bullish Lightning Helps Overnight Trend Reversal

GALA Technical Analysis

The GALA coin price shows a bullish breakout of the consolidation range in the daily chart. Will the sudden burst of buying pressure reach the $0.30 mark? Gala Games isn’t just one game, but rather, it is a range of games that put the fun first and blockchain at the back.  Users can use Gala Nodes, which are part of the Gala network. In exchange, they can earn rewards such as GALA Limited Edition NFTs, and other opportunities. The Gala Node ecosystem consists of three proof node systems: proof-of-work (PoW) and Proof-of-Stake (PoS) along with proof-of-storage. Let us move ahead to read about Gala technical analysis. Past Performance of GALA The GALA coin price action shows a growth of more than 30% in the past 48 hours, resulting in the consolidation range breakout. The rally breaks and reaches the crucial psychological mark of $0.25. Moreover, the recent jump creates a bullish engulfing candlestick in the price chart as it aims to surpass the 100-day EMA.  GALA/USD Daily Chart GALA Technical Analysis The GALA coin price action shows an incredible breakout of the accumulation range between the $0.18 and $0.22 marks. The price jump creates a phenomenal follow-through candle of the morning star pattern made at the bottom of the range.  The coin price breaks above the 20-day Exponential Moving Average and rises higher to breach the 100-day average. Moreover, the 50 and 100-day EMAs maintain a bullish alignment in the daily chart.  The RSI indicator shows the slope rising above the 14-day SMA and the central line in the daily chart. The jump comes after the bullish divergence seen within the range. Therefore, a bullish continuation is possible.  The DMI indicator shows the +DI crossing above the -DI in the daily chart proposing a bullish trend reversal. However, a falling slope in the ADX reflects a weakness in the trend momentum. In conclusion, as per the technical indicators, the bullish breakout of the range will show continuation on the upside. Upcoming Trend The GALA coin price broke the horizontal level of $0.22 with a significant price jump in the past 24 hours. Hence, the rising trend can shortly breach the $0.25 psychological mark and regain the bullish momentum.  Traders can expect the uptrend to reach the $0.30 to $0.35 mark if the trend momentum increases. However, a retest of the range breakout to $0.22 is also possible.

The post GALA Technical Analysis: Bullish Lightning Helps Overnight Trend Reversal appeared first on Cryptoknowmics-Crypto News and Media Platform.

AssangeDAO Wants to Free WikiLeaks Founder With a Pak NFT

AssangeDAO Wants to Free WikiLeaks Founder With a Pak NFT

A newly formed decentralized autonomous organization (DAO) called AssangeDAO is raising funds to bid on an NFT artwork made by digital artist PAK in an effort to help WikiLeaks founder Julian Assange get free. Pak, whose previous NFT project Merge sold for a combined $91.8 million in December 2020 announced his new project last week. The latest NFT series called ‘Censored’ is set to launch on February 7, which is also Assange’s court date. The collection will include a 1/1 NFT as well as an open edition. Julian Assange has been accused on 18 counts relating to WikiLeaks’ release of classified government documents. He’s currently serving time in prison in the U.K., where he is fighting extradition where if he was found guilty of all charges, Assange faces up to 175 years in prison. In 2011, WikiLeaks became one of the first organizations to accept donations in Bitcoin. Censored is a collaboration with Julian Assange.It's about you. It consists of two parts, a dynamic 1/1 and a dynamic open edition, for you all to participate. It will be here on February 7th. https://t.co/QvKlk3oIs8 — Pak (@muratpak) January 30, 2022 Proceeds Will Go Towards Assange’s Legal Fees Claiming to be fully community-led, AssangeDAO is accepting contributions in Ethereum via Juicebox funding platform and so far already collected a total volume of 2,675 ETH worth $7.8 million since the project was created on the platform this week. In return, donors will receive the AssangeDAO JUSTICE governance token which will allow them to vote on governance proposals. If the DAO wins the NFT auction, the community will decide via governance what to do with the NFT and the future roadmap of the DAO. If it loses, the ETH held in the Gnosis Safe will be redeemable for $JUSTICE tokens, allowing the DAO to live on regardless of the auction’s outcome and for people to exit the DAO with contributions they made for the NFT.

The post AssangeDAO Wants to Free WikiLeaks Founder With a Pak NFT appeared first on Cryptoknowmics-Crypto News and Media Platform.

Genesis MedTech Acquires JC Medical, Creates New Structural Heart Franchise

Genesis MedTech Group has completed the acquisition of JC Medical, a structural heart company that is primarily engaged in the design and development of transcatheter valve replacement products for the minimally invasive treatment of structural heart diseases.

Global X Latest ETF Issuer to Test Out the Metaverse

ETF metaverse Global X

The firm's filing comes a week after similar plans from fund titan Fidelity

The post Global X Latest ETF Issuer to Test Out the Metaverse appeared first on Blockworks.

Assange DAO Raises $7.8M in Ethereum to Buy NFT—And Free the WikiLeaks Founder

A collective of Cypherpunks is fighting for the freedom of the WikiLeaks founder in a very Web3 way.

BYTNODE® Aims to Mimic a Traditional Centralized Hedge Fund

BYTNODE (BYTE), the latest venture of ZION ASSETS Digital Holding Company that develops a set of protocols enabling a basic Decentralized Closed-end Cryptocurrency Fund product to be created, issued, and traded as a Decentralized Autonomous Organization (DAO) using a smart contract for any pair of underlying ERC20 tokens, recently released a white paper giving an insight into their Bytnode Model.

Bytnode's inception ($BYTE) is a cross-border decentralized blockchain network that serves the Ethereum network ($ETH). $BYTE employs a strategy similar to that of traditional Centralized Hedge Funds. This serves as a roadmap for Bytnode in transforming a Closed-end Fund into a completely decentralized crypto network that is earned, owned, and managed by the community from the beginning.

With a maximum supply of 330 million, $BYTE token is going to power the Bytnode ecosystem, and serve as a Blockchain technology innovation that employs the Smart Contract as a vehicle to decentralize finance (DeFi) with Ethereum (ETH) as its engine.

A number of planned partnerships are scheduled to be announced in the coming days, pushing the project to reach new heights.

The Bytnode Model

The Bytnode Network, also known as "Bytnode," is centered on its own "smart contract," a computer program that performs, regulates, and documents events and actions automatically which are then,  digitally and securely signed by private entities.

The Bytnode Network is a one-of-a-kind decentralized investment vehicle based on the Ethereum blockchain. It operates by first depositing non-custodial wallet transactions. The Bytnode smart contract then aggregates such transactions depending on decentralized parties to build a Market Capitalization in an 11-year locked liquidity pool that is traded within the Bytnode Network $BYTE token's smart contract. Because deposits in Bytnode are decentralized and assets are pooled, they can only be transferred by the single business or individual who digitally signed the transaction.

Bytnode Ecosystem

Bytnode's core concept is identical to that of Bitcoin, that no single owner or entity can control or influence it. Bytnode, on the other hand, is owned and governed by everyone who uses it.

Bytnode Pooled Fund consists of following features:

  • Decentralized Partnership

  • Research and Hunting

  • Extracting Token Pool

  • Swapping and Trading

  • Injecting ETH back  into the Fund


Future Plans and Bytnode Seed-Sale

With further planned collaborations and developments also in the pipeline, Bytnode is expected to launch an easy-to-use and understandable application for smartphones that will integrate BTC, ETH, and LiteCoin in late 2023.

Bytnode seed-sale will commence on April 22, 2022 at 9:00 AM GMT on Ethereum Blockchain (ETH). 16,506,600 $BYTE tokens will be issued, at an exchange rate of 165,066 BYTE per ETH.

Further details are available on Bytnode's official website, and whitepaper.

Tokenomics

Name: Bytnode

Ticker: BYTE

Network: Ethereum Smart Contract Blockchain (ETH)

Seed-sale Price: 1 ETH = 165,066 BYTE

Liquidity Lock: 11 Years

Max Supply: 330 million BYTE

About Bytnode ($BYTE)

Bytnode is a decentralized DeFi protocol. Bytnode seeks to discover long-term investment possibilities by concentrating on decentralized apps and projects that it believes are appropriate, sustainable, and have the potential to enforce growth in ways that are beneficial to revolutionary breakthroughs such as Blockchain technology. Bytnode's business approach is similar to that of a classic Centralized Hedge Fund.

Bytnode Network is based entirely on the Ethereum Network ($ETH). Bytnode has chosen ETH as its base currency and medium of token trading and swapping as it is the most established decentralized global crypto-asset class, allowing it to engage with anybody in a decentralized manner via Smart contracts using Blockchain technology.

Reference:

Smart Contract: https://etherscan.io/token/0xC612796023A967D6a6F2203C4Bb71E9E58e340Ad


Bytnode ($BYTE)

info@bytnode.com

https://bytnode.com/

Telegram | Twitter | Medium


Parent Company email:

partners@zionassets.com


The information provided in this release is not investment advice, financial advice or trading advice. It is recommended that you practice due diligence (including consultation with a Professional financial advisor before investing or trading securities and cryptocurrency.


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Italian F-35s Will Get AIM-9X Block II Air-To-Air Missiles

Italian F-35 AIM-9X

The missiles will fill a capability gap caused by the IRIS-T not being integrated with the F-35. The Naval Air Systems Command’s (NAVAIR) Air-to-Air Missiles Program Office (PMA-259) just announced that Italy became the 28th [...]

The post Italian F-35s Will Get AIM-9X Block II Air-To-Air Missiles appeared first on The Aviationist.

Astra receives FAA license for first launch from Florida

Astra has become the first company to receive a commercial launch license from the Federal Aviation Administration through a streamlined regulatory regime, clearing a procedural hurdle before launching a small rocket and four NASA-sponsored CubeSats into orbit Saturday from Cape Canaveral.

Crypto infrastructure startup Qredo closes $80 million raise led by Dan Tapiero’s 10T Holdings

Qredo, which builds decentralized tools that help DeFi operators, has secured an $80 million Series A investment.

The post Crypto infrastructure startup Qredo closes $80 million raise led by Dan Tapiero’s 10T Holdings appeared first on The Block.

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