NFT Token

2021-08-29 21:40:43 DeSyn Protocol has raised $1.4 million in investment

Decentralized derivatives platform DeFi DeSyn Protocol has completed a $1.4 million funding round led by Fenbushi Capital, SNZ Capital, Everest Ventures Group, Incuba Alpha. Bing Ventures, Lancer Capital, TKX Capital and a number of individual investors in the crypto industry also participated in subsequent investments.

DeSyn Protocol is a DeFi protocol that allows users to create and trade pool-based assets, such as ETFs/indices, leveraged assets and more, using smart contracts. The project believes that investing in cryptocurrency should not be as complicated for regular people as it is today. Therefore, ETFs/portfolios should be one of the right solutions. Open / Comment

2021-08-28 08:38:42 Solana's blockchain-based Apricot Finance has raised $4 million in investment

Loan-oriented decentralized protocol Apricot Finance has attracted $4 million in investment. CoinDesk writes about it.

Lemniscap, Delphi Ventures, Solana Capital, Advanced Blockchain AG, Skyvision Capital, Ledger Prime, Valhalla Capital, MXC, Gate and a41 Ventures participated in the Apricot Finance round.

CoinDesk noted that DeFi-Protocol was able to raise $4 million after the project received $800,000 from investors in June 2021.
The developers plan to use the funding to support the development of their flagship services.

Apricot Finance is a loan-oriented financial DeFi-platform. The project is based on Solana blockchain. The task of Apricot Finance is to personalize DeFi-instruments. The launch of the Apricot Finance test network is scheduled for next week. Open / Comment

2021-08-25 21:23:04 ​​The NFT market is breaking records! Which collection should you invest in?

In August transaction volume of the NFT market had already exceeded by billion dollars.
The big players of the market know the secret and they have already started to use DeFi and 1 + 1 mechanics in their products.

Thanks to these mechanics, the cost of all NFTs increases by 50-100% per week. Etheremura is no exception!

People who mint tokens from their website today will be able to resell them. And in just one month, the price will be higher than the original one by several times!

So let's take the VT3.com studio as an example. We'll explore their Etheremura collection, and analyze how it works:

Each one of the samurai buyers from https://etheremura.io receives a VT3 token on their account from day one. It's a governance token. VT3 allows you to get NFTs from other studio collections for free. The more Samurai you have on the address, the more VT3 tokens are added daily.

There is also a special promo running till Aug 29th: everyone who buys Etheremura receives RealCryptoPunk per each minted Samurai for free (punks’ current mint price is more than 0.1 eth!! )!! Check out the second collection here: https://realcryptopunks.com.

Such mechanics are used more and more often. Judging by the volume of the market, which has grown 20+ times in just 3 months, they are working more than efficiently!

Also, an important advantage of this collection is the detailed roadmap. It leads to the free mint of unique katanas, game mechanics in the form of a PvP arena, and an awesome story of the collection! Open / Comment

2021-08-23 13:33:19 Jarvis Network and Mt Pelerin Launch EUR, GBP and CHF Stablecoins

Decentralized financial project Jarvis Network and Swiss cryptocurrency company Mt Pelerin have strengthened their partnership by launching synthetic steblecoins EUR, GBP and CHF in the Polygon scaling solution.

The new stablecoins, called jEUR, jGBP and jCHF on the Polygon network (MATIC), can be exchanged for their fiat counterparts in Mt Pelerin's Bridge Wallet app.

"Following the successful launch of Jarvis Network's fiat gateway for synthetic assets on Ethereum, Jarvis Network and Mt Pelerin are pleased to introduce today digital versions of the euro, British pound and Swiss franc on the Polygon network. With the support of the popular sidechain, everyone can buy and sell synthetic fiat currencies (also known as Stablecoins) for their equivalent in the traditional financial world directly on Polygon to enjoy its fast and cheap transactions," the announcement reads. Open / Comment

2021-08-16 22:23:01 Leading Latin American venture capital firm Kaszek makes first investment in DeFi

"We see gigantic potential in DeFi, which will change the financial landscape in unimaginable ways in the coming years," Hernan Kazak, co-founder and managing partner of Kaszek, said in a statement, adding that the investment is part of two recently raised funds totaling $1 billion.

This is Kaszek's second investment in the crypto ecosystem. In December 2020, the firm co-invested with QED in Mexico's Bitso exchange. The investment totaled $62 million. The company later joined a $250 million funding round C also in the Bitso exchange in May of this year.

It was CEO Gabriel Gruber who said the firm would use the funds to build the protocol and team, which includes hiring smart contract engineers. Open / Comment

2021-08-14 09:32:23 Uniswap has generated more than $1 billion in commissions

Uniswap became the first DeFi protocol to generate more than $1 billion in platform commissions for liquidity providers since launching in November 2018.

Lucas Outumuro, head of research at data aggregator IntoTheBlock, shared a chart showing that Uniswap's combined commission revenues for Ethereum v2 and v3 deployments exceeded $1 billion.

Outumuro notes that including commissions generated by Uniswap v1 and v3 deployments on Optimism, about $1.02 billion has been distributed to liquidity providers since the protocol was created.

IntoTheBlock data shows that the Bitcoin network has received $2.24 billion in commissions since it launched in 2009, while the DeFi-driven surge in Ethereum has boosted its total commission revenue to $4.74 billion over six years. Open / Comment

2021-08-08 09:57:21 Swisscom launches Chainlink node for DeFi data

Swisscom, Switzerland's largest telecommunications service provider, is launching a Chainlink oracle node to provide data for decentralized finance (DeFi). Earlier, the Chainlink node was launched by Deutsche Telekom.

Oracle service provider Chainlink (LINK) said Swisscom is the second telecommunications company to join DeFi. Deutsche Telekom, Germany's largest telephone company, is already a major data provider for Chainlink.

"Swisscom has very high security standards, which is important for being a high-end node operator. But what's even more important is that you now have a trend of multiple enterprises starting to see the value of working nodes," said Chainlink co-founder Sergey Nazarov.

Swisscom, headquartered in Ittigen near Bern, is 51% owned by the Swiss government and has about 19,000 employees. Open / Comment

2021-08-07 12:58:22 ​​DeFi Arabic Cash exited the Pre-sale and launched trading on PancakeSwap.

The next goal of the project is to launch its own DEX. According to project analysts, the launch should take place this fall.

In the early days of trading, Arabic Cash launched several offers for holders:

Increased staking in the first month of trading - all liquidity providers receive a 10% reward in August

Recently, the project launched pharming on its official website https://arabic.cash.

The period is up to 60 days.
Farming pool - 300,000 ABIC,
Proportional distribution of remuneration among all farm participants - the larger the volume, the greater the reward.

Lottery: In August, all liquidity providers can participate in the 170,000 ABIC draw

Development plans:
- Filling the liquidity pool (with a capitalization of $ 25-30 million, its own DEX will be launched)
- Launch your own DEX
- Access to major exchanges
- Upon reaching a capitalization of $ 300-400 million, a crypto-bank based on Arabic Cash will be launched, operating on the principles of deFi-loans and deposits.

Telegram channel of the project:
https://t.me/ArabicCash

Official site:
https://arabic.cash/#/abic Open / Comment

2021-08-06 15:18:45 DeFi Hashflow trading platform launches "open alpha"

Trading platform DeFi Hashflow announced on its official Twitter that it has released an open alpha version. In testing the closed alpha version, released three months ago, more than 3,000 addresses were registered and transaction volume was $2 million.

"Today we are launching an open alpha version of Hashflow. Open means without access codes and with the best experience of decentralized trading on Ethereum," the announcement said.

The developers said they conducted a closed testing of the private alpha version of Hashflow a month ago.

"Over 12,000+ people signed up to trade, pushing the boundaries of what we expected from a private launch. Now, after over 3,000 addresses and over $2 million in trades, we're ready to open up Hashflow to everyone. "," Hashflow reports. Open / Comment

2021-07-31 11:21:28 DEX and DeFi protocol JSwap launched on OKExChain

The first DEX and DeFi platform based on OKExChain, Jswap, has been launched. JSwap supports features such as swap, liquidity mining and DAO dividends using the JF management token, and provides simple trading and asset management options, providing a one-stop solution for all DeFi users.

"JSwap swap mining automatically covers all ecosystem projects in the public blockchain with user transaction fee compensation eliminating slippage, maximizing project and user profits in the JSwap liquidity pool while maximizing other projects, supporting ecosystem development and helping to promote value. Jswap's efforts are aimed at creating high security, low cost, and efficient crypto-digital asset management and cross-chain trading," the statement said. Open / Comment