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/

bitcoin press release, defi, Nobility

Esports Leader & BSC Utility Token Nobility Announces Rostik Rusev for Advisory Board

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

Press Release: esports company & BSC Utility token Nobility has announced the appointment of  Rostik Rusev on its board of advisors as the company gears up for launch. 

 

September 10th, 2021, Florida, USA — Nobility (NBL) is a revolutionary new BSC utility token focused on disrupting the esports industry with its unique smart contract capabilities. The project has just announced DeFi enthusiast, crypto entrepreneur, and blockchain business leader, Rostik Rusev as an advisor on its board.

 

Crypto Magician in the Shadows

Nobility is proud to announce the appointment of the ‘Crypto Magician in the shadows’ to its advisory board. Rostik Rusev is highly revered in the crypto space and will bring to the project a vast wealth of experience from not only the De-Fi space, but also from his previous work in the PR, Entertainment, and Music industries. 

 

Previously known as “The Bad Boy of crypto” Rusev made his name as an early pioneer in blockchain PR and will look to use his industry experience and connections with crypto exchanges to help Nobility increase its utility and disrupt the esports industry with this innovative new approach to DeFi. Led by CEO and Noble esports founder Kyle McDougal, Rusev will help Nobility break into the multi-billion dollar gaming industry and offer the market a scalable global solution. 

 

What is Nobility Token?

Nobility is a Revolutionary esports platform & utility token on Binance Smart chain. The token’s utility is focused on organizing and providing gaming tournaments with huge prize pools whilst rewarding token holders, and content creators with reflection rewards paid out in BUSD. 

Nobility will be a scalable global solution that addresses some of the limitations of the esports gaming industry through its blockchain smart contract; creating a fair, balanced, sustainable revenue system in the process. 

 

Nobility CEO Kyle McDougal voiced his excitement about the appointment: 

 

“We are delighted to announce the addition of Rostik Rusev to our growing team. As an advisor to the Nobility project, Rusev’s vast experience and in-depth understanding of both the blockchain industry and marketing nuances of crypto will prove invaluable.

 

His dedication, passion for change, work ethic, and ability to think outside the norm are key attributes that we see as pivotal in our quest to break new ground in esports, and offer the industry a fairer, more balanced, and sustainable revenue system.”

 

NBL Tokenomics

The Nobility utility token (NBL) uses a unique blockchain smart contract that employs an 11% fee on all swaps and transfers on the network. What makes Nobility unique is that it pays out rewards from this fee (known as reflections) in BUSD rather than the token itself, which offers much more secure rewards as the coin’s price is pegged and not susceptible to large price swings. 

 

For each transaction, a certain number of users are sent their reflections, depending on the size of the transaction and the gas that is used to send the transaction. Another huge benefit of this structure is that Larger transfers can process more BUSD payouts, as the required amount of gas is proportionally less than the value of the tokens. 

 

The 11% token fee is broken down and allocated in the following structure: 

 

  • 7% from each transaction is redistributed by weight to qualifying holders in BUSD. 
  • 2% added to the liquidity pool. 
  • 2% is allocated for Nobility Use wallet: Esports tournament prize pools, marketing, business development, charity donations, scholarship funding, manual burns, community events, giveaways.

 

Nobilities NBL token is currently available to buy on PancakeSwap & Bogged with BSC using MetaMask or TrustWallet 

 

Nobility has a host of new developments to be announced soon, as the team looks towards a full launch, more advisors, increased token utility, exchange listings, and organizing huge prize gaming tournaments. 

 

Media Contact Details

Contact Name: Rostik Rusev

Contact Email: Rostik@nobilitytoken.com 

 

Nobility Token Socials

Website | Twitter | Telegram | Discord | Litepaper

 

Nobility Token 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

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$GIF, blockchain, defi, Gif.games, Momentum Press Release, NFT

NFT Gaming Leader Gif.games Announce Anshit Bhardwaj as CEO

GIF-Gamesconsole.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: Gif.games has chosen to promote in-house for the position of company CEO, appointing co-founder, Anshit Bhardwaj

 

August 25th, 2021, San Jose, Costa Rica — NFT gaming company Gif.games has announced Anshit Bhardwaj as its new CEO. The Gif.games co-founder will lead the company forward as it starts to cement itself as a pioneer and leader in the NFT gaming industry. Mr.Bhardwaj has been leading the development team impressively, and successfully helped launch the Tezotopia NFT Marketplace on August 9th, 2021.

 

Leading By Example

Anshit Bhardwaj has proven himself to be a capable leader, forward-thinking and level-headed. He responds to community needs efficiently and on a timely basis; continuing to grow and develop the community around the amazing product he and his team are delivering.

 

Working together with Creative Director Joab Garza, Bhardwaj has proven to be an excellent counterpart to Garza, providing an accurate roadmap and deliverables that the Tezos community has never seen, such as Yield Farming NFTs that are due to activate on September 10, 2021.

 

Tezotopia Launch Success

Gif.games launched its digital cross-world game and NFT Marketplace Tezotopia on August 9th, selling out all items in a lightning-fast 20 mins, and raising $76,514 in the process. This Launch success comes just before Gif.games was accepted into the Blockchain Gaming Alliance as a silver member. Gif.games will launch an IDO for its $GIF governance token with partner and decentralized launchpad Rocket Launchpad, on Tezos on August 28th, 2021. 

 

About Gif.games

Gif.games is a pioneer for merging NFTs and dApps by creating fun, Interactive worlds for users to collect, earn, and build new virtual worlds. Gif.games will be powered by the $GIF governance token and are the creator of NFT Marketplace Tezotopia, and gaming cryptocurrency Unobtanium. (UNO) 

 

Gif.games Links & Socials 

Tezotopia | Telegram | Twitter | Facebook 

 

Media Contact Details

Contact Name: Joab Garza

Contact Email: joab@gif.games 

 

Gif.games 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. 

 

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$GIF, blockchain, defi, Gif.games, Momentum Press Release, NFT

NFT Gaming Leader Gif.games Announce Anshit Bhardwaj as CEO

GIF-Gamesconsole.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: Gif.games has chosen to promote in-house for the position of company CEO, appointing co-founder, Anshit Bhardwaj

 

August 25th, 2021, San Jose, Costa Rica — NFT gaming company Gif.games has announced Anshit Bhardwaj as its new CEO. The Gif.games co-founder will lead the company forward as it starts to cement itself as a pioneer and leader in the NFT gaming industry. Mr.Bhardwaj has been leading the development team impressively, and successfully helped launch the Tezotopia NFT Marketplace on August 9th, 2021.

 

Leading By Example

Anshit Bhardwaj has proven himself to be a capable leader, forward-thinking and level-headed. He responds to community needs efficiently and on a timely basis; continuing to grow and develop the community around the amazing product he and his team are delivering.

 

Working together with Creative Director Joab Garza, Bhardwaj has proven to be an excellent counterpart to Garza, providing an accurate roadmap and deliverables that the Tezos community has never seen, such as Yield Farming NFTs that are due to activate on September 10, 2021.

 

Tezotopia Launch Success

Gif.games launched its digital cross-world game and NFT Marketplace Tezotopia on August 9th, selling out all items in a lightning-fast 20 mins, and raising $76,514 in the process. This Launch success comes just before Gif.games was accepted into the Blockchain Gaming Alliance as a silver member. Gif.games will launch an IDO for its $GIF governance token with partner and decentralized launchpad Rocket Launchpad, on Tezos on August 28th, 2021. 

 

About Gif.games

Gif.games is a pioneer for merging NFTs and dApps by creating fun, Interactive worlds for users to collect, earn, and build new virtual worlds. Gif.games will be powered by the $GIF governance token and are the creator of NFT Marketplace Tezotopia, and gaming cryptocurrency Unobtanium. (UNO) 

 

Gif.games Links & Socials 

Tezotopia | Telegram | Twitter | Facebook 

 

Media Contact Details

Contact Name: Joab Garza

Contact Email: joab@gif.games 

 

Gif.games 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. 

 

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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

 

 

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blockchain, crypto, defi, Momentum Press Release, NFT

Bringing Gamification to DeFi: ApeSwap and Seascape Announce Partnership

Press Release: ApeSwap and Seascape Network have joined forces to provide gamification services to the blockchain industry via DeFi in latest partnership.

 

15th June 2021, Singapore – Seascape Network, a new online platform built around the NFT and DeFi economies, has announced a new partnership with ApeSwap to bring a Decentralized Exchange, Automated Market Maker with Yield Farming and a Staking platform on Binance Smart Chain to the market.

 

pCWS is Seascape’s official bridged Crowns token on Binance Smart Chain, universally used on Seascape’s dApps on BSC. GNANA is the governance token of ApeSwap with a host of exclusive perks and usages. Though relatively young, these two projects have already created a great deal of value for users, with tens of thousands of holders between the two coins. 

 

ApeSwap and Seascape are providing a pCWS-BNB farm with rewards in BANANA, ApeSwap’s native token. Users can stake APE-LPs in exchange for BANANA rewards. Similarly, there is a GNANA staking pool in which users can attain CWS APR rewards. Over $200k in CWS and BANANA are available.

 

To initiate this partnership, the two teams are celebrating with a campaign to reward their users, and a NFT art competition. Users can contribute their art, and 3 winners will split a $750 prize. Winners will have their art turned into NFTs usable on their shared platforms. Stay tuned to the Seascape and ApeSwap social media accounts for further details.

 

“Our partnership with ApeSwap opens up a lot of possibilities for us,” says Seascape CMO Kerel Verwaede. He continued: 

 

“As the fastest blockchain gaming platform we are looking for solid partners we can work closely with and do a lot with, and Apeswap is exactly that.”

 

This partnership is one of several scheduled for Seascape over the course of summer, as Seascape joins the list of top shelf projects in ApeSwap’s #HotDefiSummer. These are early, yet promising days for the Asia-based crypto start-up.

 

Visit https://apeswap.finance and https://www.seascape.network for more information.

 

Follow on Twitter: @ape_swap @seascapenetwork

Read up on Medium: https://medium.com/seascape-network 

Telegram: @ape_swap @seascapenetwork

 

Media Contact Details

Contact Name: Kerelv Verwaerde (Seascape) / Rafiki (ApeSwap)

Contact Email: kerel0592@163.com / rafiki94@protonmail.com 

 

Seascape Networks and ApeSwap Finance are 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/

blockchain, Breakthrough Press Release, crypto, defi, Launchpad, NFT, staking, Torum

The First DeFi & NFT Social Media Project, Torum Announces NFT Launchpad

Torum NFT Launchpadconsole.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: Torum prepares to launch an NFT launchpad from its unique DeFi & NFT-infused social media platform, following successive fundraising achievements. 

 

9th June, 2021, Kuala Lumpur, Malaysia Torum, the first DeFi, and NFT-infused crypto social media platform is now going to launch an NFT launchpad that is designed with cross-chain interoperability. The integration of the NFT feature will enable projects to raise funds from a community of over 56,000 cryptocurrency users and investors.

 

Introducing Torum NFT Launchpad

Torum NFT Launchpad is developed on Torum’s DeFi staking platform, Torum Finance that offers any issuing projects to launch NFTs with different rarity and total supply and also the burning period of the NFTs. There are two types of public launches with different criteria and gamification options available to choose from on the launchpad.

 

The first option is a dual token launch which gives NFT holders the vested right to burn the NFTs and receive the native tokens of both the issuing project and Torum in return. This launch creates a mutually beneficial result where NFT owners will receive two types of tokens, while the issuing projects can enjoy a higher public sale completion rate from both Torum and its community.

 

The second option is a single token launch which gives NFT holders the vested right to burn the NFTs to receive the issuing project’s native tokens in return. Other details such as whitelisting, token release rules, and buying limit per participant, will depend on the issuing projects but will offer such projects immense flexibility to make their first debut on the Torum NFT Launchpad.

 

Why choose Torum NFT Launchpad?

Unique from other NFT launchpads in the industry, launching on Torum will provide 5 exclusive benefits to projects, including:

 

  • An active community with over 56,000 cryptocurrency investors
  • Multi-chain support for public launch in the future (BSC & HECO)
  • Available listing on NFT marketplace that supports ERC-721 assets, including Torum’s upcoming NFT marketplace
  • A premium opportunity to sell the tokens to the loyal community at a price lower than the price of IDO and CEX / DEX listing
  • Resource and brand integrations, including VCs and strategic crypto communities

 

The process does not stop when the Initial NFT Offering is completed, as projects can leverage the premium advantages of Torum, as a social media platform to continue strengthening their community-building effort and post-launch marketing activities.

 

Recent Project Achievements

Torum has successfully completed three separate fundraising goals over the last three months. The project completed a $500,000 presale with zero marketing presence in March 2021, raised a $1.5M private round from AU21, Consensus Lab, DFG, M6, and 16 other prominent VCs in April 2021, and successfully sold off $243,000 INO in under 20 minutes in May 2021.

 

In terms of development, the innovation of the team behind Torum has enabled the project to become the first to ever combine DeFi, NFT, and social media. By having a social media platform with over 56,000 cryptocurrency enthusiasts, Torum will be developing a BSC-based NFT marketplace and a DeFi staking platform to build a one-stop ecosystem that is specially designed for the crypto space.

 

Mobile App Launch & NFT Ecosystem

The Torum Android mobile app launch is expected by mid-June, while the NFT marketplace will be launched by around July. Meanwhile, Torum will be integrating the HECO chain and other mainstream public chain support into the Torum NFT Marketplace to develop the largest multi-chain NFT marketplace in the industry.

 

The continuous expansion of blockchain innovations will help Torum remain focused in the pursuit of its long-term vision of becoming the largest crypto ecosystem that connects the general mass to the crypto space.

 

About Torum

Torum is the world’s first DeFi + NFT social media platform that is specially designed for cryptocurrency users. Backed by AU21, Consensus Lab, DFG, M6, Waterdrip Capital, and 15 other prominent VCs, Torum is now one of the fastest-growing social media platforms with over 56,000 registered users with a consistent 20 – 30% monthly user growth rate.

 

Torum Socials

Website | Twitter | Telegram | Medium | Facebook

 

Media Contact Details

Contact Name: Jayson Tan

Contact Email: hello@torum.com

 

Torum 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

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blockchain, Breakthrough Press Release, crypto, defi, Launchpad, NFT, staking, Torum

The First DeFi & NFT Social Media Project, Torum Announces NFT Launchpad

Torum NFT Launchpadconsole.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: Torum prepares to launch an NFT launchpad from its unique DeFi & NFT-infused social media platform, following successive fundraising achievements. 

 

9th June, 2021, Kuala Lumpur, Malaysia Torum, the first DeFi, and NFT-infused crypto social media platform is now going to launch an NFT launchpad that is designed with cross-chain interoperability. The integration of the NFT feature will enable projects to raise funds from a community of over 56,000 cryptocurrency users and investors.

 

Introducing Torum NFT Launchpad

Torum NFT Launchpad is developed on Torum’s DeFi staking platform, Torum Finance that offers any issuing projects to launch NFTs with different rarity and total supply and also the burning period of the NFTs. There are two types of public launches with different criteria and gamification options available to choose from on the launchpad.

 

The first option is a dual token launch which gives NFT holders the vested right to burn the NFTs and receive the native tokens of both the issuing project and Torum in return. This launch creates a mutually beneficial result where NFT owners will receive two types of tokens, while the issuing projects can enjoy a higher public sale completion rate from both Torum and its community.

 

The second option is a single token launch which gives NFT holders the vested right to burn the NFTs to receive the issuing project’s native tokens in return. Other details such as whitelisting, token release rules, and buying limit per participant, will depend on the issuing projects but will offer such projects immense flexibility to make their first debut on the Torum NFT Launchpad.

 

Why choose Torum NFT Launchpad?

Unique from other NFT launchpads in the industry, launching on Torum will provide 5 exclusive benefits to projects, including:

 

  • An active community with over 56,000 cryptocurrency investors
  • Multi-chain support for public launch in the future (BSC & HECO)
  • Available listing on NFT marketplace that supports ERC-721 assets, including Torum’s upcoming NFT marketplace
  • A premium opportunity to sell the tokens to the loyal community at a price lower than the price of IDO and CEX / DEX listing
  • Resource and brand integrations, including VCs and strategic crypto communities

 

The process does not stop when the Initial NFT Offering is completed, as projects can leverage the premium advantages of Torum, as a social media platform to continue strengthening their community-building effort and post-launch marketing activities.

 

Recent Project Achievements

Torum has successfully completed three separate fundraising goals over the last three months. The project completed a $500,000 presale with zero marketing presence in March 2021, raised a $1.5M private round from AU21, Consensus Lab, DFG, M6, and 16 other prominent VCs in April 2021, and successfully sold off $243,000 INO in under 20 minutes in May 2021.

 

In terms of development, the innovation of the team behind Torum has enabled the project to become the first to ever combine DeFi, NFT, and social media. By having a social media platform with over 56,000 cryptocurrency enthusiasts, Torum will be developing a BSC-based NFT marketplace and a DeFi staking platform to build a one-stop ecosystem that is specially designed for the crypto space.

 

Mobile App Launch & NFT Ecosystem

The Torum Android mobile app launch is expected by mid-June, while the NFT marketplace will be launched by around July. Meanwhile, Torum will be integrating the HECO chain and other mainstream public chain support into the Torum NFT Marketplace to develop the largest multi-chain NFT marketplace in the industry.

 

The continuous expansion of blockchain innovations will help Torum remain focused in the pursuit of its long-term vision of becoming the largest crypto ecosystem that connects the general mass to the crypto space.

 

About Torum

Torum is the world’s first DeFi + NFT social media platform that is specially designed for cryptocurrency users. Backed by AU21, Consensus Lab, DFG, M6, Waterdrip Capital, and 15 other prominent VCs, Torum is now one of the fastest-growing social media platforms with over 56,000 registered users with a consistent 20 – 30% monthly user growth rate.

 

Torum Socials

Website | Twitter | Telegram | Medium | Facebook

 

Media Contact Details

Contact Name: Jayson Tan

Contact Email: hello@torum.com

 

Torum 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

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Breakthrough Press Release, charity, defi, munch

MUNCH Project Reaches $1 Million Milestone in Charitable Donations

MUNCHconsole.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: DeFi project Munch has raised over $1 million USD in two weeks, to aid community-chosen global causes in developing nations, through non-profit organization GiveWell. 

 

May 7th, 2021, London, UKMUNCH is a Decentralized Finance (DeFi) project which has raised over $1 million USD, in ETH, in just 14 days since its launch. This represents a huge achievement from the MUNCH community and a tremendous boost to the efforts of the GiveWell team.

 

100% of Fees Go To Charity and Holders

The Munch project applies a 10% transaction fee to every buy and sell made. This transaction fee is then split in two, with half redistributed to other holders of the token and half converted to Ethereum (ETH) which is then automatically donated to charity.

 

Rodrigo Silva, CEO at MUNCH voiced his strong appreciation to the community for its generosity, stating:

 

“We’ve been utterly blown away by the reaction from the community. It proves that people want their financial systems and services to work for everyone. It’s shown us that things can be done differently, and that every individual can have an impact.” 

 

Supporting the GiveWell Mission

As part of the community-led aspect of the project, the community voted to allocate the funds to the Maximum Impact Fund from a selection of projects provided by GiveWell

The funds donated by MUNCH will be used by GiveWell to provide grants to the highest-value funding opportunities among recommended charities, helping prevent potentially deadly diseases and improving people’s well-being.

 

GiveWell CEO, Elie Hassenfeld showed her gratitude to those supporting the charity, stating:

 

“We’ve been surprised and delighted by the support from the community and team at Munch. These donations will accomplish a tremendous amount of good.”  

 

A Community-driven Project

The MUNCH project will also allow the community to select the charity of their choice, which ultimately will be where the next round of donation funds will be allocated. The MUNCH project is currently evaluating and running background checks on a shortlist of options that the community will choose from.

 

Mr Silva stated:

 

“If we continue to grow at this rate, we will be donating millions per month. ‘’I knew that the people investing in new DeFi projects would be willing to have a ‘bite’ taken by the fee. The token may fluctuate, but across every transaction, money is going to help people. By automating everything, we made giving back a standard part of the transaction.’’

 

MUNCH Packs a Bite

MUNCH is a DeFI project, started by Rodrigo Silva after he identified a critical flaw in other cryptocurrency projects with a donation model. Rather than collecting donations in the native token, MUNCH routes the percentage to be donated in another, more stable token (such as ETH). This means when there is a major donation amount, it doesn’t destabilize the native token or let the donation lose value through slippage.

 

About Munch

MUNCH enables investors to divert and distribute part of their investment to causes that need it. Because of the immutable nature of the blockchain, every transaction can be tracked and verified to ensure that it is received in full by the charity. 

 

Rodrigo is joined by a team of 8 others based in Europe that bring a wealth of technological, business, and cryptocurrency experience to help manage and develop the project.

 

Anyone interested in earning passive income, whilst becoming a part of a community that uses its transaction fees to help important global causes can do so by buying MUNCH on Uniswap exchange.  

 

To learn more about Munch, please visithttps://munchtoken.com/

To learn more about Givewellhttps://www.givewell.org/ 

See the Donation progress via the Munch Trackerhttps://charity.munchtoken.com/ 

To read the Munch whitepaperhttps://munchtoken.com/docs/munch-whitepaper.pdf 

Follow Munch of Twitter —  https://twitter.com/munchtoken

Join the official Telegram https://t.me/munchtokencom 

Buy MUNCH on Uniswaphttps://app.uniswap.org/#/swap?inputCurrency 

 

Media Contact Details

Contact Name: Bitcoin PR Buzz Press Team

Contact Email: press@bitcoinprbuzz.com

 

Munch 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. 

 

About Bitcoin PR Buzz: Bitcoin PR Buzz has been proudly serving the crypto press release distribution needs of blockchain start-ups for over 8 years. Get your Bitcoin Press Release Distribution today.

 

Source

The post MUNCH Project Reaches $1 Million Milestone in Charitable Donations appeared first on Bitcoin PR Buzz.

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

Source: BPRB Feed

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

Breakthrough Press Release, charity, defi, munch

MUNCH Project Reaches $1 Million Milestone in Charitable Donations

MUNCHconsole.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: DeFi project Munch has raised over $1 million USD in two weeks, to aid community-chosen global causes in developing nations, through non-profit organization GiveWell. 

 

May 7th, 2021, London, UKMUNCH is a Decentralized Finance (DeFi) project which has raised over $1 million USD, in ETH, in just 14 days since its launch. This represents a huge achievement from the MUNCH community and a tremendous boost to the efforts of the GiveWell team.

 

100% of Fees Go To Charity and Holders

The Munch project applies a 10% transaction fee to every buy and sell made. This transaction fee is then split in two, with half redistributed to other holders of the token and half converted to Ethereum (ETH) which is then automatically donated to charity.

 

Rodrigo Silva, CEO at MUNCH voiced his strong appreciation to the community for its generosity, stating:

 

“We’ve been utterly blown away by the reaction from the community. It proves that people want their financial systems and services to work for everyone. It’s shown us that things can be done differently, and that every individual can have an impact.” 

 

Supporting the GiveWell Mission

As part of the community-led aspect of the project, the community voted to allocate the funds to the Maximum Impact Fund from a selection of projects provided by GiveWell

The funds donated by MUNCH will be used by GiveWell to provide grants to the highest-value funding opportunities among recommended charities, helping prevent potentially deadly diseases and improving people’s well-being.

 

GiveWell CEO, Elie Hassenfeld showed her gratitude to those supporting the charity, stating:

 

“We’ve been surprised and delighted by the support from the community and team at Munch. These donations will accomplish a tremendous amount of good.”  

 

A Community-driven Project

The MUNCH project will also allow the community to select the charity of their choice, which ultimately will be where the next round of donation funds will be allocated. The MUNCH project is currently evaluating and running background checks on a shortlist of options that the community will choose from.

 

Mr Silva stated:

 

“If we continue to grow at this rate, we will be donating millions per month. ‘’I knew that the people investing in new DeFi projects would be willing to have a ‘bite’ taken by the fee. The token may fluctuate, but across every transaction, money is going to help people. By automating everything, we made giving back a standard part of the transaction.’’

 

MUNCH Packs a Bite

MUNCH is a DeFI project, started by Rodrigo Silva after he identified a critical flaw in other cryptocurrency projects with a donation model. Rather than collecting donations in the native token, MUNCH routes the percentage to be donated in another, more stable token (such as ETH). This means when there is a major donation amount, it doesn’t destabilize the native token or let the donation lose value through slippage.

 

About Munch

MUNCH enables investors to divert and distribute part of their investment to causes that need it. Because of the immutable nature of the blockchain, every transaction can be tracked and verified to ensure that it is received in full by the charity. 

 

Rodrigo is joined by a team of 8 others based in Europe that bring a wealth of technological, business, and cryptocurrency experience to help manage and develop the project.

 

Anyone interested in earning passive income, whilst becoming a part of a community that uses its transaction fees to help important global causes can do so by buying MUNCH on Uniswap exchange.  

 

To learn more about Munch, please visithttps://munchtoken.com/

To learn more about Givewellhttps://www.givewell.org/ 

See the Donation progress via the Munch Trackerhttps://charity.munchtoken.com/ 

To read the Munch whitepaperhttps://munchtoken.com/docs/munch-whitepaper.pdf 

Follow Munch of Twitter —  https://twitter.com/munchtoken

Join the official Telegram https://t.me/munchtokencom 

Buy MUNCH on Uniswaphttps://app.uniswap.org/#/swap?inputCurrency 

 

Media Contact Details

Contact Name: Bitcoin PR Buzz Press Team

Contact Email: press@bitcoinprbuzz.com

 

Munch 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. 

 

About Bitcoin PR Buzz: Bitcoin PR Buzz has been proudly serving the crypto press release distribution needs of blockchain start-ups for over 8 years. Get your Bitcoin Press Release Distribution today.

 

Source

The post MUNCH Project Reaches $1 Million Milestone in Charitable Donations appeared first on Bitcoin PR Buzz.

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

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