Cathie Wood’s ARK Invest has made a mind-blowing prediction for the price of Bitcoin and Ethereum. According to their Big Ideas Summit 2022 (BIS 2022) report, Bitcoin may exceed a value of $1 million in 2030. Ethereum too will expand its market cap significantly to $20 trillion in the next decade. Both Bitcoin and Ethereum
When online betting first emerged, it changed the way players wagered on game outcomes forever, opening the doors to 24/7 betting regardless of where the match or tournament was being held. Now, Bitcoin is shaking up the way we place bets – lowering fees, shortening withdrawal times, and making foreign exchange fees a thing of […]
On Tuesday (January 25), SundaeSwap Labs addressed some of the criticisms and suggestions for improvements from users of the highly popular DEX, and informed them of changes they could expect to see in the near future. What Is SundaeSwap ($SUNDAE)? SundaeSwap is “a native, scalable decentralized exchange and automated liquidity provision protocol”. It is backed […]
We're only a little familiar with the Baumkuchen, but what we do know is that the traditional German cake has found much love in the Far East, Japan to be more precise. We also know that it's the central focus of Cake Invaders, as players are given the chance to protect the Baumkuchen and pretty much save the universe.
The Polygon blockchain allows for faster, more affordable transactions.
Miami, Florida, January 25th, 2022. This week, NFTY, Inc. announced they have officially launched their utility token and accompanying DeFi protocol on the Polygon Studios ledger.
Polygon's Ethereum-based interoperability and scalability made it a natural extension of the project to reach a broader base of individual participants. While Ethereum is the largest blockchain for NFTs, its high transaction fees have placed the protocol out of reach for many potential patrons and advocates. NFTY aims to provide real solutions to this issue, which our new Polygon deployment further enables.
“We love seeing projects like NFTY coming to the Polygon Network. NFTY's commitment to higher user adoption made Polygon a clear choice and we are so excited to have them as a partner.” - Ishan Negi, Polygon Studio's Operations Lead.
"With Polygon's support, we will now have access to faster transaction speeds and lower gas fees, allowing us to be more attractive to buyers and sellers, especially those looking for fewer barriers to entry. We're excited about the progress $NFTY has made over the past 90 days and the partnerships we've built along the way. Polygon is going to play a huge role in our company's future." - Chris Mills, CEO of NFTY, Inc.
The NFTY dApp can be accessed by connecting to the Polygon RPC and going to https://app.nftytoken.io. For help on how to stake NFTY tokens to start your NFTY journey please check out our video here:
After being one of the few NFT startups at CES (Consumer Electronics Show) last week, NFTY is gaining traction and building strategic partnerships to grow its community and awareness within the industry quickly. $NFTY is available for purchase on the ApeSwap DEX and the Bitmart exchange.
About NFTY
NFTY creates a quality validation layer for NFTs by introducing a new group between buyers and sellers. This community of advocates vets NFTs to reward excellence, earning a share of the proceeds, all powered by the NFTY token. Through this unique process, buyers can find trusted collectibles, and creatives can build their reputations through the NFTY advocacy network.
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 3000+ applications hosted, ~600M total transactions processed, ~60M 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.
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.
Enables Nexsan Channel Partners to Further Enhance Ability to Serve End Clients’ Data Management and Security Needs, Fortify Their Trusted Advisor Status, and Drive Additional Business Opportunities
What are the core data security challenges in Fintech and financial services? In this Data Hunters discussion with Paras Shah, founder and CEO of LAMR Group, we discover that it's about matching...
Debut growth equity firm gets to work with investment in a growing provider of managed detection and response (MDR) services powered by proprietary security analytics software
Say you’ve got a <Card /> component. It’s highly likely it shouldn’t be butted right up against any other components with no spacing around it. That’s true for… pretty much every component. So, how do you handle component spacing in …
Hodl4Gold, a 13% BUSD rewards token known for being the first to launch with multiple live utilities, is setting a new standard for projects in the tokenomics space. The highly anticipated project saw $10 million in market cap within minutes of launch, reaching a high of $20 million in its first two weeks, while paying out over $1 million in rewards and airdrops. The token now adds another industry first to its resume with the acquisition of Project One Whale (POW), adding over 4000 new holders to H4G in the first ever buyout on the Binance Smart Chain network.
Project One Whale, a reflection token in which holders share a percentage of profits generated through its investment fund, underwent internal turmoil last week as a number of trades made by the fund underperformed, causing division within upper management. The ensuing events saw several managing team members exit the project, leaving investors without direction or leadership as POW continued to fall over 90% from its all-time trading highs.
In an unprecedented move for the space, Hodl4Gold stepped in with an offer to the remaining POW leadership, out of concern for investors in what was once regarded to be a very promising project. The agreement saw the transfer of POW team assets, including the remaining investment fund, to Hodl4Gold, which was in turn used to buy H4G for distribution to all remaining POW holders.
Eligible POW holders will automatically receive a token swap of POW to H4G at a rate of 15:1, in what may prove to be the best investment to date for the short-lived fund. Hodl4Gold, with its aggressive product roadmap, has seen impressive growth since launch despite the downturn in the overall crypto market. The token will debut several utilities in the coming weeks, including an NFT marketplace to be directly integrated with their no-code minter dApp, which offers industry-low prices at 0.02 BNB per mint.
While extremely uncommon in the crypto world, let alone the DeFi space, the acquisition of POW by H4G may prove to be the precursor of a new trend in the cryptosphere. As the reward tokenomics space matures and competition between projects ramps up, tokens with strong financial outlooks and solid roadmaps may see more opportunities arise to merge with or acquire coins with less certain long-term prospects. Hodl4Gold, despite its relative newness on the scene, has demonstrated its commitment to these fundamentals, and with product development ahead of schedule, remains open to further acquisitions in the future.