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• NFT music platform creating an intertwined distributed ecosystem • Polygon to provide additional software support and potential funding to emerging musicians on the Token||Traxx platform • Token||Traxx to have cross-chain bridge with existing partner, Zilliqa
Polygon, an Ethereum scaling platform onboarding millions to Web3, today announces a partnership with NFT music platform Token||Traxx™ ahead of its Token Generation Event (TGE) this month. The collaboration will allow Token||Traxx to leverage Polygon's low-cost and interoperable infrastructure to build out its music NFT marketplace.
Polygon Studios — the NFT and gaming arm of leading Ethereum scaling protocol Polygon — will also be offering grant funding to Token||Traxx's new, independent music creator economy which is set to make a seismic paradigm shift within the music marketplace. The Polygon foundation will support the development of the Token||Traxx software and their emerging artists as they continue to grow their Web3 creator economy.
Token||Traxx is a new marketplace that redefines and enhances the value of music, by supporting and financially benefiting the entire music community using Non-Fungible Tokens (NFTs) technology.
Token||Traxx will be multi-chain, using Polygon along with other networks including its strategic founder partner Zilliqa which it will bridge to later this year.
"NFTs have the opportunity to positively disrupt the music industry, providing creators with a greater share of the distribution rights while conveying verifiable ownership to fans. By leveraging Polygon to accomplish this goal, Token||Traxx unlocks the full potential of the Web3 creator economy and sidesteps the prohibitive transaction fees and latency associated with Ethereum," said Ishan Negi, Chief of Staff, Polygon Studios.
“Token||Traxx is delighted to join forces with Polygon,” said Tim Gentry, Chief Operating Officer and co-founder of Token||Traxx and formerly global revenue director at the Guardian. “Polygon's sustainable and ultra low-cost blockchain and interoperable ecosystem presents the perfect launchpad for the project. With cross-chain technology and cross-chain bridges in place Token||Traxx will run with increased elasticity, providing users with freedom of choice.
“Through Polygon's novel Ethereum scaling solution, we will be getting excellent user experience with high-speed transactions, near-zero gas fees and superb community governance. Cross-chain capabilities will also maximise secondary NFT markets for us,” summarised Gentry.
NOTICE
Token Traxx Music Limited is not a regulated entity. Ownership of the tokens carries considerable risk and should not be contemplated by anyone who does not have specific knowledge of the use, purpose and transmission of tokens. This Press notification is not an offer to sell or promote the sale of tokens. Token||Traxx tokens will be unregulated and will not be sold as an investment. The sale of tokens when it occurs will be subject to satisfactory compliance with all laws and regulations relating thereto and to purchasers entering binding contractual terms. The use of the Token||Traxx platform and participation in the marketplace and use of the Token||Traxx token to engage with the functionality provided by the platform and marketplace will be subject to separate terms and conditions.The Token Traxx token (TRAXX) is available for purchase by SORS DIGITAL ASSETS LIMITED (SORS) which is registered as a VASP in accordance with the rules of the Central Bank of Ireland.
Token||Traxx™ is the Trading Name of Token Traxx Music Limited registered in England under Number 13753129
About TokenIITraxx TokenIITraxx has a mission is to be at the centre of a new independent music creator economy, providing a platform driven by NFTs, that redefines and enhances the value of music, which supports and financially benefits the whole community.
TokenIITraxx celebrates and rewards the unique symbiosis of ‘The 3C's - Music's Creators, Curators and Collectors' and their specialist contribution to the discovery and adoption of global music engagement.
TokenIITraxx offers financial independence and creative freedom. For more information, visit www.tokentraxx.com Twitter (join the conversation) | Telegram (group chat) | Discord (collaboration)
About Polygon Polygon is the leading platform for Ethereum scaling and infrastructure development. Its growing suite of products offers developers easy access to all major scaling and infrastructure solutions: L2 solutions (ZK Rollups and Optimistic Rollups), sidechains, hybrid solutions, stand-alone and enterprise chains, data availability solutions, and more. Polygon's scaling solutions have seen widespread adoption with 7000+ applications hosted, 1B+ total transactions processed, ~100M+ unique user addresses, and $5B+ in assets secured.
If you're an Ethereum Developer, you're already a Polygon developer! Leverage Polygon's fast and secure txns for your dApp, get started here.
About Polygon Studios Polygon Studios is the Gaming and NFT arm of Polygon focused on growing the global Blockchain Gaming and NFT Industry and bridging the gap between Web 2 and Web 3 gaming through investment, marketing and developer support. The Polygon Studios ecosystem comprises highly loved games and NFT projects like OpenSea, Upshot, Aavegotchi, Zed Run, Skyweaver by Horizon Games, Decentraland, Megacryptopolis, Neon District, Cometh, and Decentral Games. If you're a game developer,
builder or NFT creator looking to join the Polygon Studios ecosystem, get started here. Twitter | Facebook | Instagram | Telegram | Tiktok | LinkedIn
ElonMoon ($ELONMOON), a play-to-earn moon adventure basically in a moon-themed environment for an improved experience that taps into what makes humans the most crucial step, is excited to announce the date of its token pre-sale on DxSale. The presale is going to commence on March 07, 2022 at 1:00 PM UTC.
ElonMoon operates on the Binance Smart Chain (BSC), a blockchain network built for running smart contract-based applications. ElonMoon's primary concept is the idea that projects can be done more fairly, sustainably, and in a way that benefits everyone involved. No huge firm or company seeks to gather personal information from users for advertising purposes or to boost revenues for yearly reports.
To celebrate the release of ElonMoon whitepaper, the project is also holding its first ever $ELONMOON airdrop event. Total rewards of 90 Trillion $ELONMOON tokens worth 6300 USD will be distributed among 6000 random winners. The airdrop event will be held from February 24, 2022 to March 24, 2022.
With upcoming planned collaborations and marketing efforts on the way, the project will reach new heights by the end of 2022 after completing the final phase of its roadmap.
Presale on DxSale
ElonMoon token presale is going to commence on DxSale on March 07, 2022 with a IDO supply of 2,797,600,000,000,000 $ELONMOON, using Binance Smart Chain (BSC) Network.
How to Participate
The presale rate is set at 5,200,000,000,000 tokens per BNB. The minimum amount required to enter the pre-sale is 0.2 BNB, with a maximum amount of 5 BNB.
The presale is going to have a soft cap of 269 BNB and hard cap of 538 BNB.
ElonMoon has also announced the date of its official token launch to commence on March 08, 2022, the day after the presale.
$ELONMOON will also be available for purchase on PanckaeSwap in the coming days.
The ElonMoon Ecosystem
Elonmoon's mission is to establish a safe, organized, highly polished platform that can evolve modularly with unlimited possibilities in a metaverse filled with moon exploration, discovery, and creativity.
ElonMoon's ecosystem consists of the following primary features:
Borrowing and Earnings
With a prime rate of 2.5 percent, ElonMoon's collateralized borrowing arrangement produces a variable interest rate dependent on the use of funds. Before granting the asset, the user receives a quotation from the oracle. The contract is implemented, and the tokens are staked to borrow the asset after the collateral rate has been chosen.
ElonMoon can easily forecast that the tokens will continue to climb with at least a 500 percent gain based on its economic model, total formula calculation, and user volume accumulation.
The ElonMoon Metaverse
The Elonmoon Metaverse will be a vast three-dimensional realm packed with opportunities for exploration, discovery, and invention. Elonmoon's objective is to build a safe, well-structured, and well-polished platform that can grow modularly over time. Developers and the community can incorporate various mechanisms, elements, tools, space-themed games, events, and whatever else they want. Because of the nature of the metaverse, the platform's capabilities are really limitless.
NFTs
Players can buy and trade items created by the ElonMoon developers in the ElonMoon metaverse. Furthermore, they have the ability to develop the NFT in order to express themselves in this metaverse. If they're lucky, they can make a fortune from their interests.
Initial Launch Price: 5,200,000,000,000 Elonmoon per BNB
Max Supply: 6,000,000,000,000,000 $ELONMOON
5,488,676,000,000,000 — Presale — 91.48%
138,600,000,000,000 — Airdrop — 2.31%
138,124,000,000,000 — Ambassador — 2.3%
120,000,000,000,000 — Marketing — 2%
60,000,000,000,000 — Team — 1%
The ElonMoon Vision:
Elonmoon's goal is to create a secure, well-organized, and well-polished platform that can develop modularly and offer limitless possibilities in a metaverse brimming with moon exploration, discovery, and innovation.
ElonMoon's growth projections estimate that it will be able to hit most of the short-term goals by Q3 of 2022.
ElonMoon is a play-to-earn moon expedition designed in a lunar-themed atmosphere for a more immersive experience that taps into what makes humans the most significant stride forward. Elonmoon thinks that the token will enable investors to have fun and freely engage with one another, have access to chances that will lead to financial independence, and contribute to the next stage of the internet's and online interaction's progress.
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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