House Of Chimera

2021-10-19 19:24:37 UFF Sports
UFF Sports is a fantasy sports ecosystem that offers ownership of franchises and players as an NFT. The ecosystem currently supports three sports; Ice Hockey, Basketball, and American football. The latter will have an auction in the upcoming days that will allow investors to obtain a franchise.

The auction will consist of 16 franchises, with a starting price of 5,000$ USD with minimum bid increments of $500 (SCO will be used as means of payment).

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2021-10-19 18:29:26 XCAD Network
The XCAD Network is currently ramping up its marketing efforts as part of the mainnet launch strategy. The next marketing round will include major cryptocurrency influencers to cover XCAD to increase the exposure of the ecosystem while the team is enhancing and developing their product.

The Client Liquidity offerings (CLO) will significantly impact the circulating supply of the native XCAD token. XCAD holders can lock their tokens in to get a chance of getting a CLO allocation. Therefore, a part of the circulating supply will be locked into a liquidity pool that cannot be unlocked and will provide liquidity forever. The CLO's will launch in November.

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2021-10-19 18:28:23 Zilliqa
This week, the Zilliqa ecosystem has welcomed two new partners: Ninjas in Pyjamas (@NIP) and @fmfw_io! The ecosystem is moving towards the e-sport industry, one of the fastest-growing global entertainment industries. NIP is an Esports company with multiple teams active in CS:GO, Rainbow Siege, FIFA 22, and Valorant. It is one of the largest esports brands in the world. The company has recently merged with another Chinese e-sport brand, ESV5, and is planning to expand its brand into Asia further. Additionally, the company has partnered up with other cryptocurrency firms before, such as Mercuryo – highlighting the interest in the cryptocurrency industry.

The Zilliqa partnership is a five-year blockchain-focused deal that aims to reduce the interaction gap of the audience of NIP and its e-sport athletes. Zilliqa will act as a sponsor for NIP and be a creative and tech infrastructure partner for NIP. Therefore, Zilliqa branding will be on the NIP jerseys and expand the Zilliqa brand's exposure. Open / Comment

2021-10-19 18:27:44 Weekly Altcoin update – Week 42

This week's altcoin update is packed with information, with an update on the following projects: $ZIL, $XCAD, and $SCO!

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2021-10-15 19:34:52 House of Chimera x Opulous

Opulous is an innovative platform that utilizes various decentralized finance (DeFi) integrations to revolutionize the accessibility of funding for upcoming and established music artists. The music industry is notorious for its unfair compensation structures for artists, with cases where artists only receive 10% of the total royalties and lose all ownership in exchange for funding (Savage, 2021). Opulous allows musicians to obtain financing without any traditional finance intermediary.

The native token of the Opulous ecosystem is OPUL. The token will be utilized for trading and staking. Furthermore, the token gives stakers special access to special NFT launches. The team behind Opulous is well experienced within the music industry. It has a broad network of influential music artists that can be leveraged to increase exposure, incredibility, and product adoption.

Read the whole research paper on HouseOfChimera.com

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2021-10-12 19:57:45 Zilliqa
The Zilliqa bridge has been one of the major developments in the Zilliqa ecosystem. Currently, there is over 11 million USD in assets being bridged from ERC-20 to the Zilliqa ecosystem. The Zilliqa ecosystem is disbursing 45.3 million ZIL as liquidity mining incentives over six weeks. In the upcoming week, the bridge will be fully functional so that any ERC-20 asset can be bridged over to the Zilliqa ecosystem.

The Valkyrie Zilliqa Trust (VZil) is managed by Valkyrie Investments, an alternative asset management firm. The team of Valkyrie investments has broad expertise within traditional global finance (E.g., EY, J.P. Morgan) and fintech firms (e.g., Guggenheim Partners). The VZIL will serve mainly US institutional investors, increasing the overall exposure of ZIL in the US and making the asset more readily accessible. Open / Comment

2021-10-12 19:56:25 Syscoin
The Syscoin team has been working around the clock to launch the NEVM smart contract layer, and it is currently in Testnet. The NEVM smart contract layer will allow developers to utilize Turing-complete smart contracts on the Syscoin ecosystem. Furthermore, by allowing developers to Turing-complete smart contracts, there is much more flexibility to develop products on top of Syscoin as a Syscoin Platform Token (SPT).

House of Kiba, built by the Blockchain foundry, sold out their GenX avatars in 40 minutes in total; 4 million USD has been raised. The Blockchain Foundry, a public listing company that builds commercial products on top of Syscoin, will release more interesting projects in the future. The NEVM smart contract layer will interest more developers, besides blockchain foundry, to build on top of Syscoin.

The roadmap of Syscoin is impressive, with a few significant infrastructure updates. In Q1 2022, ZkRollups will be implemented, allowing Syscoin to scale even further to a theoretical 2 Open / Comment

2021-10-12 19:55:51 Pillar Protocol
Pillar Protocol will finally launch today, which will allow Zilliqa holders to utilize multiple DeFi products. The project will introduce the first soft USD-backed stable coin on the Zilliqa ecosystem, which will open a myriad of possibilities for developers. The Pillar stable coin will be backed by excess collateral; therefore, the collateralization rate is higher as 1:1.

To generate Pillar, any Zilliqa-based asset that GZil holders have approved can be utilized. However, every Zilliqa-based asset has its Risk Parameters, which GZil holders are determining. Due to that, Gzil holders govern the Protocol and the financial risks of Pillar to ensure its stability, transparency, and efficiency.

The Pillar Protocol will open several possibilities for developers, GZil holders, and Zilliqa ecosystem users. Furthermore, it is the first project on the Zilliqa ecosystem that will provide a DeFi product that allows developers to build new DeFi projects on top of that. Open / Comment

2021-10-12 19:55:14 DeMons
DeMons is ramping up its marketing efforts in anticipation of the first NFT sale in $DMZ. The upcoming sale revolves around CryptoApes, another race in the DemonVerse. The previous sale of GodZilliqa’s, another race in the Demonverse, yielded over 200,000 USD in sales in the first 24 hours of the launch.

The NFTs play a significant role within the DeMons ecosystem. The NFTs are yield-earning and can be leveled up, which unlocks new features and perks within the ecosystem. Additionally, by leveling up the NFT, the resale value increases. The yielding mechanism allows NFT holders to gain passive income, which is 1500 $DMZ/yr, which generates a cashflow of 840 USD a year (with the current price of $DMZ)

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2021-10-12 19:54:37 Weekly Altcoin update – Week 41
This week’s altcoin update is packed with information, with an update on the following projects: $DMZ, Pillar, $SYS and $ZIL.

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