Binance, Binance Smart Chain, Breakthrough Press Release, Decentralized Finance, defi, eth, ethereum, PLGR

NFT-based Fixed Lending Protocol Pledge Backed by Stanford Alumni Announces Successful Fundraise

 

Press Release: Pledge Finance is launching a cross-chain decentralized finance ecosystem, purpose-built for the financial sector following a successful private round in which it raised more than $3 million.

 

13th September 2021, Hong Kong – Pledge Finance, an algorithm-driven, multi-chain decentralized finance (DeFi) ecosystem, is announcing the launch of an NFT-powered structured collateralized lending platform targeted at the traditional financial sector. The Binance Smart Chain (BSC) based platform will be fully interoperable with other public chains, meaning other DeFi platforms will be able to interact with Pledge’s numerous product and service offerings. 

 

Pledge Bridges the Gap Between DeFi and Finance

Pledge Finance will include liquidity pools which will act as money markets so that users can exchange cryptocurrencies without the need for a centralized exchange. The interest rate for staking to provide liquidity to these money markets will be algorithmically fixed and determined by the supply and demand for the cryptocurrencies in each pool.

 

Initially, these pools will be denominated by Pledge’s native token, PLGR, meaning users will need to purchase PLGR to make exchanges between stablecoins and cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH). The algorithm will ensure that Pledge users can exchange cryptocurrencies with PLGR at fair value with little friction. 

 

In addition to using PLGR to facilitate exchanges between cryptocurrencies, Pledge’s native token will provide holders with a fixed interest rate payment if they choose to use their crypto-assets to provide liquidity for Pledge’s money, lending or derivatives markets. Moreover, unlike other lending protocols, Pledge users can create a variety of liquidity pools with different maturities for a given crypto-asset, each featuring fixed lending terms for the loans issued by the pool.

 

PLGR will have a total supply of 3 billion PLGR.

 

Pledge’s derivatives market is powered by unique derivative smart contracts, which swap fixed-rate interest payments for floating-rate interest payments, providing an essential tool for DeFi traders who might use them to hedge against speculative investments made in other pools. Owing to Pledge’s cross-chain interoperability, these pools could also exist on other decentralized platforms. 

 

The Future is Bright for Pledge 

Pledge Finance is leveraging NFTs to further differentiate itself from other DeFi protocols. Pledge will initially mint 50 NFTs, each representing a fixed-rate bond. These will be fully exchangeable in an NFT-based bond market, with each NFT representing the ownership, obligations and yield for a financial instrument. Financial institutions can use this tool to execute refinancing operations, swapping in and out of credit obligations. 

 

This approach capitalizes on the current excitement for NFTs, repurposing it to make financial products such as bonds, loans, and derivatives more accessible to the DeFi world. Pledge’s ultimate aim is to serve the trillion-dollar financial supply chain market, bringing the legacy financial sector closer to the innovative and new decentralized ledger space. This mission is further supported by the success of Pledge’s first private round which raised $3 million in December 2020.

 

About Pledge

Pledge is a trustworthy, transparent, and convenient cross-chain swap solution for decentralized financial assets. It is committed to combining NFT cross-chain circulation and multi-asset trading to simplify its transfer process, expand the current NFT market, accelerate NFT valuation/pricing by providing the trading board function and provide more convenience to all NFT users.

 

The platform itself draws upon the extensive technological and financial experience of its core management team. CEO, Tony Chan, is a serial entrepreneur and angel investor with a background in computer science holding a degree in the subject from Stanford University. In his past career, Chan helped to write part of Windows 95, which at the time of its release, became the most popular operating system in the world. Pledge’s CTO, Michael Ren, was chief artificial intelligence scientist for a Hong Kong-based peer-to-peer lending company, with revenues surpassing $10 billion annually. With 15 years of fintech, in addition, Ren is tasked with propelling the blockchain protocol, community experience, and partnerships for Pledge. 

 

Pledge’s senior product manager, Douglas Hill will lead Pledge’s product development, ensuring its suite of financial products are operationally sound and in-tune with the needs of the market. Hill has previously worked in machine learning and augmented reality, pioneering the first ML-based platform for physical therapy and the sports industry. 

 

Leveraging the support of such a competent team, combined with the prospect of interoperability, Pledge is definitely well-positioned to bring the financial sector into the future.  

 

For more information about how Pledge Finance plans to use NFTs to revolutionize the financial sector, visit their main site here.

 

Follow Pledge on Twitter

Join the Pledge community on Telegram

Subscribe to Pledge’s blog on Medium

Get involved with Pledge on Discord 

Explore Pledge’s technology on Github

 

Media Contact Details 

Contact Email: PR@pledger.finance  

 

PLEDGE FINANCE is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

 

Source: http://thinkbitcoins.website/feed/

Binance, defi, Mystery Box, NFT, Seascape Network, Supernova Press Release

Seascape Network & Binance NFT Release Exclusive Zombie Mystery Box NFTs

Seascape Binanceconsole.debug(‘TRINITY_WP’, ‘Skip player from rendering’, ‘is single: , is main loop: 1, is main query: 1’);console.debug(‘TRINITY_WP’, ‘trinity_content_filter’);

Bitcoin Press Release: Seascape Network will collaborate with Binance NFT to release new limited-edition zombie mystery box NFTs.

 

20th July 2021, SINGAPORE – Leading DeFi and NFT gaming platform Seascape Network is working with Binance NFT, enabling the integration of BSC for exclusive NFTs from their upcoming Zombie game series on the brand new Binance NFT Marketplace.

 

Binance NFT Mystery Boxes

The limited-edition zombie slayer character Wichita will be exclusively available only through Binance NFT patented Mystery Boxes and will be available in 5 qualities. Higher quality NFTs are extremely rare and bring players higher rewards when using them in Seascape’s upcoming 5th game. With a finite number of the rare NFTs minted, serious players are encouraged to try and acquire them via the NFT Mystery Boxes to start staking them for competitive rewards.

 

Seascape Tops DeFi Games Category

This news comes after a series of high points for the growing gaming network this summer. All of its DeFi games earned top 10 spots in BSC’s DeFi games category, and their original NFTs Scapes were Number 1 on the NFT marketplace Treasureland for almost the entire month of June 2021.

 

They were listed on the Crypto world’s most highly rated Ethereum-based DEX, SushiSwap, and released a fourth NFT-based DeFi game. Binance NFT Mystery Boxes offer a crowning achievement on a stellar month for the growing network.

 

Seascape Zombie NFTs 

Seascape believes that the future of NFTs in games must be about creating value for their owners. So, instead of purchasing an NFT for market price and using it to accomplish non-incentivized in-game tasks (such as leveling up a character), Seascape NFTs spend their entire life cycle offering opportunities to increase earnings for their holder. Right now the Seascape Zombie NFTs are very competitively priced, at under £20 BUSD.

 

Seascape NFTs have varying dimensions, such as character, quality, and generation, which affect the ways by which the user can employ them toward the pursuit of profit. Wichita NFTs will come in five qualities: Common, Special, Rare, Epic, & Legendary. Players will have the opportunity to stake their Scapes in Seascape’s zombie-themed DeFi game in exchange for in-game rewards.

 

These bat-swinging NFTs will be making their way to Binance NFT Marketplace soon, and will be ready to tell more Tales from the Crypt-o-currency! Those interested can stay up to date through the official Seascape Twitter account

 

About Binance NFT Marketplace

Binance NFT Marketplace offers an open market for artists, creators, crypto enthusiasts, NFT collectors, and creative fans around the world with the best liquidity and minimal fees. Consisting of three categories, Premium Events, Mystery Box, and a trading Marketplace, Binance NFT features valuable collectibles and an easily accessible trading market for all of its users. Content creators and artists who wish to collaborate can contact Binance through their NFT email address linked below

 

Binance Links

NFT Marketplace | Binance NFT email

 

Seascape Socials

Twitter  Discord | Telegram | Games

 

Media Contact Details

Contact Name: Kerel Verwaerde

Contact Email: info@seascape.network

 

Seascape is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest

 

 

Source

The post Seascape Network & Binance NFT Release Exclusive Zombie Mystery Box NFTs appeared first on Bitcoin PR Buzz.

Bitcoin PR Buzz – World´s First Crypto PR Agency with 9+ Years, 900+ clients, 1500+ press releases

Source: https://bitcoinprbuzz.com/feed/