Blockchain Press Releases
Building a financial ecosystem, an Indexed security token
Myntfund latest: Discover the inner workings of the MyntEcosystem
REYKJAVÍK, Iceland, June 28, 2023 /PRNewswire/ — MyntExchange is a blockchain based exchange platform that focuses on offering tokenized securities. MyntPay is the native currency of the platform, and it serves as a medium of exchange and unit of accounting for all security tokens listed on the exchange. MyntCoin, on the other hand, is an indexed fund token that tracks the value of all security tokens listed on the exchange.
MyntExchange is at the forefront of this trend, offering businesses the opportunity to tokenize their assets and raise capital through the sale of asset-backed security tokens. By leveraging the power of blockchain technology, MyntExchange is poised to disrupt the securities market, providing a unique investment opportunity for investors and a more efficient way for businesses to fund their expansion.
MYNTEXCHANGE: THE FUTURE OF INVESTING
MyntExchange offers a platform for private, unlisted companies to tokenize their securities and list them on the exchange. These tokenized securities can be easily traded and transferred on the platform, just like any other cryptocurrency. One of the main advantages of tokenized securities on MyntExchange is transparency, as the ownership and transaction history of each token is recorded on a blockchain.
MyntPay: The Essential Utility Token for Secure Trading on the MyntExchange
MyntPay is the utility token of the MyntExchange and, as the life blood of the MyntEcosystem, has several different use cases. As the utility token, it provides a Unit of Accounting and Medium of Exchange for all security tokens listed on the MyntExchange, and, over the long term, aims to become the go-to medium source of payment in the universe.
MyntPay is the utility token of the MyntEcosystem, and it is an essential component of the platform’s functionality. It is designed to be traded for other cryptocurrencies or fiat currencies on third-party sales platforms and only with a secure and protective agreement with the MyntExchange, currently only available on AlchemyPay and Bytedex. The value of MyntPay is determined by its tether to MyntCoin, where one MyntCoin equals 10 MyntPay. Following MyntCoin through market variations and behavior.
MyntCoin: Unlocking the Power of Indexed Security Tokens for Enhanced Returns
MyntCoin is an Index Fund security token designed to provide investors with a simple and straight forward way to gain exposure to the performance of companies listed on the MyntExchange and access to dividends. Companies listing on the MyntExchange platform agree to swap 2% of securities to be tokenized in an exchange for MyntCoin the Indexed fund security token with 20% load on Myntcoin’s value in this one time Swap. The 20% is instantly available for MyntExchange platform users to trade. Myntcoin swapped is on a one year hold from swap date to ensure a constant and upward growth of the index fund token. MyntCoin idealism as a cryptocurrency, symbolizes the incredible potential of digital assets to make a difference. It is not merely a securities token but is a symbol of the potential of digital assets to revolutionize the way we live and work.
Benefits for companies to list on MyntExchange
Companies can reach a larger audience of potential investors, which can help to speed up the fundraising process.
Listing on MyntExchange provides companies with a platform to trade their shares with high efficiency. This increased liquidity can help to attract more investors and provide them with an easier way to buy and sell the securities.
Listing on MyntExchange does not hinder companies from seeking funding elsewhere, in fact, it is encouraged. MyntExchange provides a unique investment opportunity for companies seeking to raise capital and expand their investor base. By listing on the platform, companies can gain access to a wider pool of potential investors, increased liquidity, and more efficient fundraising processes. Additionally, listing on MyntExchange can provide companies with exposure to a growing market for tokenized securities and the ability to offer MyntPay as a means of payment for their customers.
Tokenization, Exchanges, Security token offering, Fractional ownership,
Accredited investors, marketplaces, custody service, initial coin offerings.
CONTACT:
Andres Bertelsen
CMO
Borgartún 30
+3547802929
www.myntcoin.io
www.myntexchange.io
[email protected]
[email protected]
Linkedin
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Blockchain Press Releases
KuCoin Managing Director Alicia Kao Highlights Crypto Education at Blockchain Life 2024
DUBAI, UAE, Oct. 24, 2024 /PRNewswire/ — KuCoin, a global leader in the cryptocurrency market, proudly participated in Blockchain Life 2024, one of the industry’s premier events, held in Dubai as Stage Sponsor and Gold Sponsor. This event brought together a diverse group of enthusiasts, professionals, investors, and traders to delve into the ever-evolving world of blockchain and cryptocurrency.
During her keynote speech on “Shaping Crypto Minds with KuCoin: Education Makes Mastery,” Alicia, Managing Director of KuCoin, highlighted the knowledge gaps currently facing the industry. KuCoin is actively addressing these through its various educational initiatives. In the first half of 2024 alone, KuCoin Learn attracted 1.5 million engaged users, while its Learn and Earn program saw participation from over 2.72 million users since its inception. These programs are part of KuCoin’s broader effort to elevate user education and ensure traders and investors have the tools they need for informed participation in the crypto space.
Alicia emphasized the importance of security in her presentation, reiterating KuCoin’s commitment to prioritizing user needs and safeguarding their interests. “At KuCoin, we believe that an educated user is a secure user. Our educational platforms, including KuCoin Learn and KuCoin Campus, are designed to empower our users with knowledge that enhances their trading experiences while emphasizing the critical importance of security,” she stated.
In addition to her keynote, Alicia participated in a panel discussion titled “Crypto Exchanges and Private Investors: Shaping Investment Strategies and Adapting to Market Trends.” The panel explored effective strategies for navigating the crypto industry, focusing on how centralized exchanges (CEXs) can help foster industry growth by aligning with investor needs in changing market conditions.
KuCoin’s presence at Blockchain Life 2024 underscores its ongoing commitment to leadership through education in the cryptocurrency sector. It prepares its users to participate in and excel in the evolving digital economy.
About KuCoin
Launched in September 2017, KuCoin is a leading cryptocurrency exchange with its operational headquarters in Seychelles. As a user-oriented platform with a focus on inclusiveness and community engagement. It offers over 800 digital assets across Spot trading, Margin trading, P2P Fiat trading, Futures trading, and Staking to its 36 million users in more than 200 countries and regions. KuCoin ranks as one of the top 6 crypto exchanges. KuCoin was acclaimed as “One of the Best Crypto Apps & Exchanges of June 2024” by Forbes Advisor and has been included as one of the top 50 companies in the “2024 Hurun Global Unicorn List”. Learn more at https://www.kucoin.com/.
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Blockchain Press Releases
Bybit’s WSOT Copy Trading Fest Offers 100,000 USDT Prize Pool for Crypto Investors
DUBAI, UAE, Oct. 24, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, announces the WSOT Copy Trading Fest, inviting crypto traders and investors to compete for their share of an exciting 100,000 USDT prize pool. Running until October 31, 2024, the event offers participants the opportunity to showcase their expertise or leverage the strategies of top traders.
The World Series of Trading (WSOT) 2024 marks the fifth edition of Bybit’s premier crypto trading event, renowned for bringing global traders together. This year’s WSOT features a total prize pool of up to 10,000,000 USDT, with the Copy Trading Fest adding a unique competitive element for both seasoned and beginner traders.
Tailored for All Traders
- Experienced Traders:
- Compete as Master Trader by executing winning strategies and aiming for the 100,000 USDT prize pool. The top 50 Master Traders with the highest PnL will split the 50,000 USDT pool.
- New and Aspiring Investors:
- Join as Follower, copying the strategies of Master Traders to maximize returns without needing advanced technical skills. The top 100 Followers by PnL will split an additional 50,000 USDT pool.
How to Join and Compete
- Choose Your Role: Decide whether you’ll lead as a Master Trader or copy trades as a Follower.
- Meet the Eligibility Criteria: Ensure a minimum $50,000 trading volume during the event to qualify for rewards.
- Accumulate PnL: Both realized and unrealized profits count towards your leaderboard ranking.
- Fast Rewards: All prizes will be credited to the Bybit Rewards Hub within 10 days after the event ends.
Seize the Opportunity Today!
Whether you’re aiming to showcase your expertise or earn passively by following seasoned traders, the WSOT Copy Trading Fest offers a competitive, transparent, and rewarding experience. With the trading community buzzing, now is the time to jump in and claim your share of the 100,000 USDT prize pool.
#Bybit / #TheCryptoArk / #WSOT2024
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
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Finfare Connect, a market-leading rewards platform empowering businesses to engage and retain customers through personalized offers, has announced an innovative collaboration with ZBD, a leading payments company at the forefront of digital economies.
Finfare Connect is a part of Finfare Inc., a thriving fintech company with offices in Irvine, California and London.
Through this strategic alliance, Finfare will provide ZBD users with access to affiliate, card-linked, and instant cashback offers, enabling them to earn Bitcoin through everyday purchases, above and beyond those already earned via the ZBD app.
Beginning today, ZBD users will have the option to link their payment card or multiple payment accounts to start automatically earning rewards while shopping online or at in-person stores. Card linking involves connecting a single payment card, while account linking occurs when a user connects multiple bank accounts to earn highly customized rewards.
In terms of rewards, ZBD users who sign up for the program will have access to offers from thousands of well-known brands such as Nike, Adidas, Asics, Crocs, Tommy Hilfiger, Urban Outfitters, Cole Haan, Steve Madden; and popular retailers such as Nordstrom, Brookstone and Best Buy, among many others.
ZBD’s innovative app immerses users in a world of games and apps, allowing them to earn Bitcoin while enjoying diverse entertainment experiences.
Now, US-based ZBD users will be able to seamlessly earn Bitcoin through their everyday purchases simply by linking their payment accounts via the ZBD app. Then, they will automatically earn Bitcoin whenever they purchase an item that’s promoted by FinFare.
“We are thrilled to launch this exciting offering with ZBD,” said Alan Zrado, Executive Vice President, Finfare Connect. “Through this alliance, we are enhancing the way ZBD users engage with digital payments, offering them unparalleled opportunities to earn Bitcoin through their everyday transactions. This partnership also underscores our commitment to empowering businesses by providing their customers with compelling, customized, and valued rewards.”
“We are excited to join forces with Finfare Connect to give ZBD users greater value by giving them more ways to easily earn Bitcoin rewards,” said Ben Cousens, Chief Strategy Officer of ZBD. “By combining Finfare Connect’s expertise in personalized offers with ZBD’s cutting-edge payments technology, we are providing our users with a great way to earn Bitcoin by shopping as they normally would anyway.”
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