bitcoin press release, blockchain, Breakthrough Press Release, decentralized, DeFi 11, NFT, Polygon

Decentralized Gaming Platform DeFi11 Launches IDO After $3.5M Private Sale

Press Release: DeFi11, a decentralized gaming ecosystem, is introducing major changes to both revamp the platform and make it fairer to users as part of an expansion fuelled by recent funding.

 

17th June 2021, New Delhi, India – Fantasy sports have gained massive popularity in recent years. The market is expected to grow by 7% by 2024. However, a lack of regulation has allowed companies to exploit users. Many fantasy sports and virtual gaming platforms have been accused of publishing false volumes, creating fake winners, and misusing user data. DeFi11 was created to stop these unfair practices, providing a safe platform for the users. Powered by blockchain, DeFi11 eliminates centralization and maintains user privacy. In addition,  DeFi11 will tokenize gaming assets using non-fungible tokens (NFTs), allowing users to access features like liquidity pools, prediction-based smart contracts, and staking.

 

Touted as the first DeFi-powered fully decentralized gaming ecosystem in the world, DeFi11 is introducing changes for better gamification of its platform. DeFi11’s team recently announced a collaboration with Polygon (formerly Matic) to integrate its layer 2 solution with a new protocol. The new smart contract-powered protocol aims to improve the scalability and security of the platform. Some of the core benefits that smart contracts would offer include data abuse checks and the prevention of financial fraud. The creation of dummy winners – a fraudulent practice common among fantasy games – can also be restricted using smart contracts. 

 

NFT and Decentralization

 

While NFT-gaming was always a prime feature of DeFi11, it has now decided to fully integrate NFTs into its gaming ecosystem. The tokenization of gaming assets means that NFTs can be collected and traded within the game for the first time. The introduction of NFTs will also help to create a live 3D experience in the game.

 

Moreover, DeFi11 is developing a revolutionary P2P interaction feature that will pioneer the prediction market. Set to deploy in phases, the P2P interaction feature will be completely self-functioning without the need for any intervention from a third party. In its bid to further decentralize the gaming ecosystem, DeFi11 is trying to open source all the platform’s code.

 

Recent Developments

 

For DeFi11, the recent months have been quite eventful. The company was the silver sponsor of the 6th Global DeFi Congress that was held in Dubai in February this year. In May, DeFi11 announced joining hands with TDeFi, a prominent name in the NFT and DeFi world that has helped many startups over the years. Through this collaboration, DeFi11 aims to further expand its NFT space. DeFi11 also announced partnering with Biconomy, a multi-chain transaction infrastructure, to solve the issue of micro-transactions within the game. Finally, DeFi 11’s most recent funding round managed to raise just $3.5 million, resources which it will use to support further development of its unique gaming platform. 

 

Upcoming Announcements

 

Indeed, over the next few months, DeFi11 will be making a number of major announcements and rolling out several new features. This includes a second fundraising round, followed by a campaign geared towards promoting its upcoming IDO. A complete overhaul of the company website, with more details and features, is also in the works. DeFi11 also announced the successful launch of its beta app on June 1.

 

Further down the timeline, DeFi 11 plans to launch post-IDO staking, start a referral and bounty hunting program, and announce several partnerships all aimed at boosting the platform’s userbase. All precede the announcement of the platform’s first-ever IDO, the details of which will be announced later this year. 

 

About DeFi11

 

DeFi11 is a decentralized gaming ecosystem primarily centered around fantasy sports and NFT gaming. It is powered by DeFi or decentralized finance, an umbrella of financial applications that utilize blockchain. As the first crypto-fantasy gaming ecosystem of its kind, DeFi11 strives to solve the issues of transparency, accountability, and security that often plague the world of fantasy sports.

 

DeFi11 offers complete transparency and anonymity to its users. It believes in complete decentralization of the platform – including P2P transactions without involving the house. Through randomized winner selection and community governance, the platform is attempting to eliminate bias and fraud. 

 

For more information about the DeFi11, visit their website

 

Follow DeFi11 on Twitter.

Stay up-to-date via DeFi11’s blog.

Join the discussion on DeFi11’s Telegram community (also available for Korea, Indonesia and Vietnam). 

Read the DeFi11 Whitepaper here.

DEFI11 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/

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, crypto, Momentum Press Release, music, NFT

NFTMUSIC.AI: The Breakthrough Utility Token for the Music Industry

Press Release: NFTMUSIC.AI have released details of a new platform which enables artists the ability to control digital content using smart contracts and blockchain. 

 

15th June 2021, Singapore – The growth of the internet and mobile era has opened an entirely new world for creatives. While it has empowered the music industry and given it new grounds to profit from, there are still inherent uncertainties such as illegal downloads and underpaid royalties.

 

As the viability of the music industry in the 21st century comes under question, NFTMUSIC.AI’s mission is to create an ecosystem that safeguards all the content that everyday musicians and content creators develop, and to prevent the fruit of their labor from being taken advantage of. NFTMUSIC.AI aims to change the landscape of the music industry by empowering artists in the industry through their content, and move the musical culture forward as they do so. 

 

Musicians and artists have limited ways of monetizing and keeping track of their original compositions and performances because they still get ripped off their royalties somehow,” says Founder, Leon Lim. He continued:

 

“We built NFTMUSIC.AI to empower them to do what they do best, while using technology to solve these complex tracking and monetization problems.”

 

The opportunities offered by blockchain technology have enabled NFTMUSIC.AI to re-think how the music industry operates. Harnessing the power of blockchain technology, they believe that it can improve upon the current limitations of digital music distribution and create an ecosystem that will support musicians in gaining proper compensation for their work. 

 

Building MUSETTE: A Revolutionary and Disruptive Platform

To conquer these challenges, NFTMUSIC.AI is developing a blockchain-based ecosystem that rewards musicians and streamlines the music licensing process. 

 

  1. MUSETTE Live Streaming App

NFTMUSIC.AI is developing their own live streaming app, MUSETTE, which is scheduled to launch in June 2021. MUSETTE will be the stage for the world’s most amazing and talented musicians to share their love for cultivated music. The app will serve as a connection between listeners and content creators in hopes of inspiring a new generation of musicians; nurtured in an environment which encourages creativity, culture, values, discipline and greatness. 

 

  1. MUSETTE NFT Platform 

NFTMUSIC.AI is building a bridge between art and mankind. The MUSETTE NFT Platform makes it seamless for creators and musicians to register, sell, and buy unique works on the decentralized web. Creators can upload their creations and put them up for sale. By using smart contracts on the blockchain network, they will be able to securely prove ownership of their digital content, thereby keeping its authenticity and preventing duplication or theft. The platform also empowers creators to set their own royalties and claim a portion of the resale value should their work get resold in the future. Never in the history of mankind has this been possible, until now.

 

Future Plans for Mass Adoption 

NFTMUSIC.AI has created a well-defined yet aggressive and organized roadmap for the year. Being an ongoing project for less than a month, NFTMUSIC.AI has accomplished many milestones, with more to come. The team is currently building the MUSETTE platforms and rolling out marketing campaigns. 

 

$MUSIC: The Utility Token for NFTMUSIC.AI

MUSIC is a deflationary BEP-20 token built on the Binance Smart Chain (BSC). Holders will be able to use the MUSIC token to buy and sell creations to show support for their favourite creator on the MUSETTE NFT Platform. MUSIC is available for trading on PancakeSwap.  

 

About NFTMUSIC.AI

NFTMUSIC.AI is a music ecosystem created to help musicians and creators share and trade their digital content with minimal hassle, while gaining proper compensation for their work. It is backed by MRC Ventures, a venture builder company based in Singapore.

 

Follow NFTMUSIC.AI’s social media channels to stay up to date with their latest news:

 

Website | Telegram | TwitterWhatsApp | Discord | Reddit | Facebook | Instagram 

 

Media Contact

Contact Person: Toong Si En

Email: info@nftmusic.ai

Address: 10 Kaki Bukit Avenue 4 #09-68 Premier@ Kaki Bukit Singapore (415874)

 

NFTMUSIC.AI 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/

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

The post The First DeFi & NFT Social Media Project, Torum Announces NFT Launchpad appeared first on Bitcoin PR Buzz.

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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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conference, NFT, press releases

AAVE, Sandbox, Niftygateway, Netflix and many others will join The Conference.NFT

On June 17, 2021, deep-dive into NFT (also known as a non-fungible token) with The Conference.NFT (online edition) to discover what’s going on in the digital world. Founders of industry-leading blockchain and NFT companies, famous NFT artists and collectors, developers of NFT marketplaces are willing to guide you through the current state of NFTs and their future possibilities. Moreover, our speakers will share insights and answer all your questions in a neat atmosphere of online networking. 

Date: June 17, 2021

Place: Online

Time: 12 pm – 6 pm CET

So, you might be wondering: what is an NFT?

Isn’t it crazy that we’re already in a digital world? Innovative technologies make the planet we inhabit unrecognizable from even ten years ago. If you’re feeling queasy at high speed of change, hold tight, we are going on. Everything is only going to get faster. NFT (also known as a non-fungible token) is a unique digital item that can’t be replaced with something else. The combined market cap of major NFT projects has increased by 1,785% for the year to date. You may call NFTs an over-promoted phenomenon, but the facts say the opposite.

While Reebok launches its first NFT collection, Gucci begins to work on its own NFTs. Anyway, thousands of digital arts are sold every day at tremendous prices. Along with the crypto industry, NFTs are slowly but confidently conquering the world. Who would pay hundreds of thousands of dollars for what basically amounts to an ordinary trading card? Who develops an NFT marketplace? Who pays and who is being paid? Our speakers are willing to answer all of your questions.

What, are you already crazy about NFTs?

Don’t miss your chance to:

✔ Lay the first stone with NFTs and learn what they are and what you can do with them;

✔ Learn how to become an NFT buyer or seller;

✔ Get insights and tips from the industry’s top professionals;

✔ Enjoy informal networking.

Do you want to join? Register here on their website >>> https://thenft.wtf/#header

Current Speakers Include:

Stani Kulechov

Founder and CEO, AAVE

Sébastien Borget

Co-Founder & COO, SANDBOX

Pranav Maheshwari

Solutions Lead, POLYGON

Erick Snowfro

Founder, ARTBLOCKS

Steve McGarry

Co-Founder, GROWYOURBASE, host of HACKCRYPTO

Tejas Chopra

Senior Software Engineer, NETFLIX

Michael Sofaer

CEO, PYLONS, Director of NFTs, TENDERMINT

Yan Ketelers

Chief Marketing Officer, ARKANE NETWORK

Maria Paula Fernández

Founder and Managing Director, ETHBerlin

Peg Samuel

Head of Entertainment Partnerships, ANRKEYX

Find us and subscribe to our Twitter and Telegram group.

See you there!

The post AAVE, Sandbox, Niftygateway, Netflix and many others will join The Conference.NFT appeared first on NullTX.

Source: nulltx

4bulls.game, NFT, press releases, staking

NFT Staking; New Crypto Millionaires?

The crypto market is a bit unpredictable and shaky these days. In fact, just one tweet by Elon Musk on May 12 of this year crashed the entire market within 24 hours. On the one hand, crypto is promising as a long-term investment opportunity, and on the other hand, digital coins like BTC and ETH can get over-purchased and experience major corrections from time to time. So, what can crypto HODLers do during times like this?

Savings And Cash

We all know that keeping savings in cash is not a great strategy. The inflation rate in the United States reached a 13-year high in April 2021. While DeFi solutions like Nexo and Celsius Network offer 8-12% APY for staking stablecoins, these returns may not seem like great deals for some retail investors who have limited amounts of available capital for long-term staking opportunities. However, there is something new out there that users can try: NFT staking.

What Is NFT Staking?

4BULLS.GAME, an NFT game that was created by 4Bulls, recently introduced a unique NFT staking program. The 4Bulls NFT Staking offers a type of staking in which a crypto holder locks NFT artworks for a period of time and gets rewarded with 4Bulls tokens for holding non fungible tokens. Besides providing nice artwork to look at, the DeFi protocol allows 4Bulls NFT holders to earn significantly high returns for staking their NFTs. Similar to traditional staking, 4Bulls offers NFT holders the opportunity to earn staking returns in 4Bulls tokens (4B).

The fundamental difference between staking regular crypto versus staking NFTs is that 4Bulls NFTs offer relatively high APYs. On 4BULLS.GAME, NFT holders receive rewards in 4B tokens, which can potentially be exchanged for other cryptocurrencies on Uniswap. The user’s APY depends on the types of NFTs and chosen lock periods for staking.

nft staking

Staking Different Types Of NFTs

There are several types of NFTs offered by 4BULLS.GAME. Each type of NFT is a piece of unique artwork exclusively created by 4Bulls’ artists. Each type of NFT represents a certain number of credits. Currently, each credit is valued at 100 USDC/DAI.

The NFTs come in three rarity levels: 1) Common, 2) Rare, and 3) Epic. Common non-fungible tokens are featured for sale in the official gallery of 4BULLS.GAME. On the other hand, Rare and Epic NFTs can only be won when participating in fantasy battles on 4BULLS.GAME. Gamers are incentivized to engage in battles to win Rare and Epic NFTs because such “rarer” NFTs offer significantly higher APYs when staking.

Types Of NFT Locks

Each type of NFT lock period offers a different APY for staking. The lock periods are as follows: 1) No Lock, 2) 3-month Lock, 3) 6-Month Lock, and 4) 1-Year Lock. The length of a lock session directly impacts the APY; the longer the session, the higher the APY. For example, with “No Lock” option, the APY is 70%; with “1 Year Lock” options, the APY is 300%.

By purchasing a common NFT, a user can receive the following staking rewards: 70% APY under the No Lock option, 150% APY under the 3-month lock option, 200% APY under the 6-month lock option, and 300% APY under the 1-year lock option. The APY is applied to the artwork’s original value, and staking rewards are paid in 4Bulls tokens (4B). For example, if a user purchases a 4Bulls “Common” rarity, “Black” type of NFT worth 1 credit (which is equivalent to 100 USDC/DAI) and stakes the NFT on 4BULLS.GAME under the “1-Year Lock” option, the user can earn 300 USDC/DAI in 4Bulls tokens (4B) within a period of 1 year under the current APY. (Of course, the user can unstake his or her NFTs anytime if he or she wishes to do so, however the APY for the “No Lock” option will apply to stakers who terminate their staking sessions earlier than the end of their selected lock periods.)

Rare And Epic NFTs Provide Higher APYs

For selected staking sessions, Rare and Epic NFTs offer higher APYs compared to Common NFTs. 4BULLS.GAME users who win Rare and Epic NFTs and stake these NFTs earn significantly higher rewards. Currently, users with Rare NFTs receive 1.2x the APY that users with Common NFTs receive, and users with Epic NFTs receive 2x the APY that users with Common NFTs receive in rewards by the end of their staking sessions. Because Rare and Epic NFTs can only be won in fantasy battles on 4BULLS.GAME, obtaining such non-fungible tokens (NFTs) is definitely not an easy process overall. 4BULLS.GAME outlines the game rules on the “How It Works” page.

Let’s review an example of rewards that can be earned with Rare and Epic tokens with the current APY. If a user stakes 1 Rare NFT that is valued at 1 credit (Type: Black, Rarity: Rare) for 1 year, then the user’s APY at today’s reward rate would be 360% (300%*1.2). An NFT holder with 1 Epic NFT that is valued 1 credit (Type: Black, Rarity: Epic) would be eligible for 600% APY (300%*2) at today’s reward rate. Of course, winning Rare and Epic NFTs is not easy, but the potential rewards may be worth it.

How Do The Referral Rewards Work?

For users who have access to a network of potential NFT stakers, 4BULLS.GAME offers referral rewards. By sharing the referral link with others and engaging new stakers via the referral link, referrers will be receiving a 5% match of recurrent staking rewards from their referrals. The referral opportunity is designed to reach out to more potential users through crypto influencers on YouTube and other social media platforms. The rewards can be claimed instantly via the 4Bulls staking page – the entire process is automated.

The 4Bulls Ecosystem

While the rewards offered via NFT staking may sound “too good to be true,” after a thorough examination of the 4BULLS.GAME protocol, it becomes clear how the money flows. The 4Bulls ecosystem represents a pure DAO model, which means that each product in the ecosystem belongs to the DeFi community. That being said, all remunerations made from sales of digital artwork and fees collected during fantasy battles get reinvested back into the 4Bulls community through its utility token 4B (the revenues are then redistributed proportionally among the stakers and referrers). That means that revenues collected by the protocol go to the protocol’s users. As the platform develops, stakers will be able to participate in voting to adjust fees, APY rates, and other important metrics related to the operations of the DeFi protocol.

4Bulls To Mint Some New Millionaires?

While users can take advantage of staking opportunities with different crypto assets (for example, staking Cardano can result in approximately 5% APY), NFT staking is a new concept that 4BULLS.GAME offers, with APYs ranging from 70% to several times as much, depending on the type of NFT and the lock period. Coupled with the referral rewards that are being offered, the NFT staking program is likely going to mint some new millionaires in the near future. Given these sizable returns, this is an opportunity worth trying.

The post NFT Staking; New Crypto Millionaires? appeared first on NullTX.

Source: nulltx

crypto, NFT, shopify, Supernova Press Release, sweet

Sweet Expands NFT Marketplace to Shopify Ecosystem

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Press Release: Sweet’s consumer-first enterprise NFT platform now allows brands to seamlessly offer NFTs through existing online store-fronts. 

 

New York, New York – May 19, 2021 – Sweet, the leading enterprise NFT solutions provider, announced the integration of its NFT distribution platform into the Shopify marketplace, empowering brands, shop owners, and IP holders to sell NFTs through existing online store-fronts. The addition of Sweet into the Shopify platform enables global retail and entertainment brands to capitalize on the growing demand for NFTs while keeping consumers in their own branded checkout experience.

 

According to Tom Mizzone, CEO and founder of Sweet:

 

“To date, NFTs have been primarily sold through third-party crypto marketplaces, forcing brands to make the hard choice of directing consumers to an off-brand experience. Additionally, broader consumer bases want to buy and own NFTs but are confused by complex and intimidating blockchain wallet setup, and don’t know how to get started. Now anyone can get into the NFT game through the familiar Shopify checkout experience, furthering Sweet’s commitment to brand partners by prioritizing the consumer experience.”

 

Sweet’s scalable NFT platform is democratizing NFTs and creating broader ways for retail and consumer brands to offer digital collectibles to their users. The ability to sell and distribute through Shopify’s e-commerce platform not only enables direct NFT sales but also enables gamified, bundled, “gift with purchase” NFT experiences with physical merchandise.

 

“Imagine randomizing and bundling digital assets with t-shirts, vinyl albums, sneaker drops, and more,” said Ken Ellis, CTO of Sweet

 

Ellis continued, “Now imagine gamifying the merch store by hiding Willy-Wonka style golden ticket NFTs in the bundles, surprising and delighting consumers with one-of-a-kind experiences. Not only can brands use Sweet’s technology to create engaging consumer experiences, drive sales, and drive profit margins, but the NFT can serve as a cryptographically secure digital certificate of authenticity. The NFTs are publicly verifiable and can’t be counterfeited, and packaging them with physical goods also ensures the authenticity of those goods.”

 

Sweet’s blockchain-agnostic, eco-friendly NFT solution is bringing digital collectibles to the masses by offering retailers flexible distribution options and the ability to mint cost-effective branded NFTs across multiple blockchains. Sweet’s magic is in making these unique digital assets easy for consumers to acquire and receive with no crypto knowledge or expertise needed. 

 

The integration of Sweet’s NFT platform into the Shopify marketplace means that retail brands of all shapes and sizes can now offer NFTs to their consumers in use-cases that are specific and unique to their brand’s aesthetic and personality. According to CNBC, NFT sales in the first quarter of 2021 eclipsed $2 billion. Brands leveraging Sweet’s consumer-first solution are poised to capture a large percentage of sales as NFTs extend into the lives of everyday consumers.

 

About Sweet

Sweet is the broad-scale enterprise NFT solution taking a user-friendly, consumer-first, eco-conscious approach to digital collectibles. Sweet’s blockchain agnostic platform leverages multiple chains, each for the right use-case, allowing Sweet’s enterprise clients to create holistic, long-term NFT strategies that attract both high-end crypto enthusiasts as well as everyday loyal fans.

 

Media Contact Details

Name: Peter Keiser, 

Role: EVP of Marketing, Sweet

Location: New York, NY

Phone: (201) 775-9000
Email: press@sweet.io

 

Sweet 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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Bondly, NFT, partnership, Spring, Supernova Press Release

Spring and Bondly NFT Partnership Unlocks Digital Potential for Creator Economy

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12th May, 2021, San Francisco, California Spring (formerly Teespring) and Bondly, premiere NFT solutions provider that empowers the next generation of NFT creators, announced today their new partnership to enable Spring’s platform for creators to sell both digital and physical product creation, unlocking a new wave of digital potential for the creator economy. Content creators will use Bondly technology on the Spring platform to create, mint and market NFTs. 

 

In addition, Bondly will provide expertise to develop new digital experiences between creators and fans. More than $2 billion was spent on NFTs during the first quarter of 2021 — representing an increase of about 2,100% from Q4 2020*, so there is a lot of revenue that can be generated for individual creators. These new NFT capabilities will empower the creator to be the authentic creator of the initial digital product as well as rewarded for its creation.

 

Creators will now be able to simultaneously leverage Spring’s industry leading social integrations and combined with Bondly’s creation technology to sell NFTs, all accessible to fans globally at just the click of a button. Much like what they offer with their Digital Products, Spring will provide creators with a place to sell their NFTs, using their distribution channels to present fans with the opportunity to purchase them. 

 

Bondly will power this next generation of digital collectibles and turn year-round fan engagement into a revenue center for influencers and others wanting to maintain ongoing fan interaction through embedded NFT perks and utilities. With the arrival of Web 3.0 which has been framed as the new ‘internet of value’, this value transfer has never been more clear than with the relationship between fan and creator. The partnership between Spring and Bondly will bring creators and fans closer together, as fans are now able to engage in a fandom that is exclusively between them and the creator via the sale of NFT’s on the platform. 


Bondly opened the floodgates earlier this year, for mass NFT adoption by being the first to market with unique products in partnership with influencers and musicians and collaborations with gaming/collectibles creators. Bondly created and distributed YouTuber/Influencer Logan Paul’s first-ever limited-edition series of NFT collectibles for fans, generating $1.3M in NFT sales in the first 30-minutes.

 

And through Bondly’s core product, BONDSwap, singer, songwriter PelleK released and quickly sold out the first-ever NFT music album, earning $160,000. Two-time GRAMMY award-winning group and reggae royalty Morgan Heritage was the first reggae artist in history to introduce one new song and two digitally remastered titles via an NFT, along with rare digital art.

 

Spring’s platform enables creators to launch ‘social stores’ which allows creators to sell products via the social channels which have given them fame and followers, including TikTok, Instagram and YouTube. These successful partnerships resulted in explosive growth for the platform, with more than 450,000 verified creators signing up to the platform to build their socially integrated ecommerce stores as of January 2021. 

 

2020 saw a spike of activity, with new creator growth exploding by 135%, alongside a 92% growth in the number of creators who are actively selling their products through the platform. Spring has seen more than 30 creators become millionaires as a result of selling on the platform.

 

CEO of Spring, Chris Lamontagne says: 

 

“NFTs give creators the ability to produce and more importantly, own their digital creations. At Spring our goal is to put the power in the hands of the creator and that begins with ownership. This is an opportunity for creative people to sell their products on the internet in a way which has not been done before. Partnering with Bondly has been excellent, we have a shared vision of a creator economy combined with NFT capabilities at scale and both understand how truly powerful that can be.”

 

CEO of Bondly, Brandon Smith, said:

“Spring and Bondly are perfect partners because we see NFTs as a fan engagement tool and work to create tailored, perk-enabled NFTs to increase the market value for creators. We focus on quality first, so that each NFT will stand the test of time and maintain its value to the fan, ensuring their perception of each creator not only remains as good as before the sale, but also actually enhances how they feel about them.”

 

Spring Socials

Website | Instagram | Twitter | Tiktok 

Bondly Socials
Website | Whitepaper | Telegram | Medium | Twitter | LinkedIn

 

Media Contact Details

Contact Name: Lisa Sorge

Contact Email: lisa@bondly.finance 

 

Bondly 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.

 

 

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Bondly, NFT, partnership, Spring, Supernova Press Release

Spring and Bondly NFT Partnership Unlocks Digital Potential for Creator Economy

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

12th May, 2021, San Francisco, California Spring (formerly Teespring) and Bondly, premiere NFT solutions provider that empowers the next generation of NFT creators, announced today their new partnership to enable Spring’s platform for creators to sell both digital and physical product creation, unlocking a new wave of digital potential for the creator economy. Content creators will use Bondly technology on the Spring platform to create, mint and market NFTs. 

 

In addition, Bondly will provide expertise to develop new digital experiences between creators and fans. More than $2 billion was spent on NFTs during the first quarter of 2021 — representing an increase of about 2,100% from Q4 2020*, so there is a lot of revenue that can be generated for individual creators. These new NFT capabilities will empower the creator to be the authentic creator of the initial digital product as well as rewarded for its creation.

 

Creators will now be able to simultaneously leverage Spring’s industry leading social integrations and combined with Bondly’s creation technology to sell NFTs, all accessible to fans globally at just the click of a button. Much like what they offer with their Digital Products, Spring will provide creators with a place to sell their NFTs, using their distribution channels to present fans with the opportunity to purchase them. 

 

Bondly will power this next generation of digital collectibles and turn year-round fan engagement into a revenue center for influencers and others wanting to maintain ongoing fan interaction through embedded NFT perks and utilities. With the arrival of Web 3.0 which has been framed as the new ‘internet of value’, this value transfer has never been more clear than with the relationship between fan and creator. The partnership between Spring and Bondly will bring creators and fans closer together, as fans are now able to engage in a fandom that is exclusively between them and the creator via the sale of NFT’s on the platform. 


Bondly opened the floodgates earlier this year, for mass NFT adoption by being the first to market with unique products in partnership with influencers and musicians and collaborations with gaming/collectibles creators. Bondly created and distributed YouTuber/Influencer Logan Paul’s first-ever limited-edition series of NFT collectibles for fans, generating $1.3M in NFT sales in the first 30-minutes.

 

And through Bondly’s core product, BONDSwap, singer, songwriter PelleK released and quickly sold out the first-ever NFT music album, earning $160,000. Two-time GRAMMY award-winning group and reggae royalty Morgan Heritage was the first reggae artist in history to introduce one new song and two digitally remastered titles via an NFT, along with rare digital art.

 

Spring’s platform enables creators to launch ‘social stores’ which allows creators to sell products via the social channels which have given them fame and followers, including TikTok, Instagram and YouTube. These successful partnerships resulted in explosive growth for the platform, with more than 450,000 verified creators signing up to the platform to build their socially integrated ecommerce stores as of January 2021. 

 

2020 saw a spike of activity, with new creator growth exploding by 135%, alongside a 92% growth in the number of creators who are actively selling their products through the platform. Spring has seen more than 30 creators become millionaires as a result of selling on the platform.

 

CEO of Spring, Chris Lamontagne says: 

 

“NFTs give creators the ability to produce and more importantly, own their digital creations. At Spring our goal is to put the power in the hands of the creator and that begins with ownership. This is an opportunity for creative people to sell their products on the internet in a way which has not been done before. Partnering with Bondly has been excellent, we have a shared vision of a creator economy combined with NFT capabilities at scale and both understand how truly powerful that can be.”

 

CEO of Bondly, Brandon Smith, said:

“Spring and Bondly are perfect partners because we see NFTs as a fan engagement tool and work to create tailored, perk-enabled NFTs to increase the market value for creators. We focus on quality first, so that each NFT will stand the test of time and maintain its value to the fan, ensuring their perception of each creator not only remains as good as before the sale, but also actually enhances how they feel about them.”

 

Spring Socials

Website | Instagram | Twitter | Tiktok 

Bondly Socials
Website | Whitepaper | Telegram | Medium | Twitter | LinkedIn

 

Media Contact Details

Contact Name: Lisa Sorge

Contact Email: lisa@bondly.finance 

 

Bondly 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.

 

 

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