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Born for Initial Launches: Coinstore’s Brand Launch Conference Comes to a Successful Conclusion

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SINGAPORE, Sept. 13, 2023 /PRNewswire/ — On September 12, the crypto field ushered in an exciting moment. Serving emerging markets, Coinstore’s Brand Launch Conference 2023 successfully concludes at Singapore’s Fullerton Hotel. After more than two years of development, Coinstore makes its global brand debut.

As one of the fastest growing trading platforms in 2022, Coinstore unites high-quality premium assets to empower global project launches. Coinstore strives to make transactions easier, make assets safer, and make cryptocurrency accessible to every corner of the world.

Coinstore Reaches A New Milestone in This Global Debut

As the brand’s debut, Coinstore announced its new brand revelation, product upgrades and future strategies for the outside world. The venue was packed and the press conference saw many industry experts. More than 100 venture investors, over 50 well-known companies, and a total of more than 400 crypto enthusiasts gathered to witness Coinstore’s brand milestone.

James, Coinstore’s Global Head of Business Development, introduced the brand’s development history as well as its future brand strategy and vision. Since Coinstore launched its spot trading system, it has served more than 500 global projects and provided transactions for 3.6 million crypto enthusiasts in 175 countries and regions.

In order to announce the Coinstore brand to the world, Coinstore’s Business Development Associate Director, Manfred Chew, introduced new brands and products. Coinstore represents the future of cryptocurrency trading. Named the Best Exchange in Asia by Crypto 306 and the Best Rising Star by Crypto Expo, Coinstore is revolutionizing the world of crypto finance. Coinstore uses innovative products to provide crypto enthusiasts with a one-stop solution for cryptocurrency trading, protect the security of users’ assets, screen high-quality assets for users, and allow more high-quality assets to be launched on Coinstore.

Regarding the discussion of cryptocurrency infrastructure, Jide Fashola from Cardano delivered a keynote speech and believed that cryptocurrency represents the future of currency and ensures secure and fast direct transfers through blockchain technology. Advancing the construction of public digital infrastructure, cryptocurrency serves as a practical tool in financial and social systems. It provides facilities for fair financial services to everyone, thereby fostering greater financial inclusivity.

In the impassioned discussion titled “The Evolution of Web3 Gaming and Upcoming Trends to Look Out For” roundtable session, guests discussed the evolution of Web3 games, communicated about the current situation of Web3 games, and shared solutions for the transition of games from Web2 to Web3. They also analyzed upcoming trends in Web3 gaming and delved into the evolution of its tokenomics, all aimed at collectively driving the development of Web3 gaming.

To explore the functioning of decentralized gaming, Daniel Oon, the head of My Neighbour Alice, delivered a keynote speech titled “The Decentralized Game.” In it, he shared insights into the logic of decentralized gaming and discussed the importance of focusing on user self-expression and collaboration when building fully decentralized games. Targeting Web3 users, the ability to create NFTs for self-expression was emphasized, ultimately paving the way for users to build their own Web3 worlds.

In another roundtable discussion titled “With The Integration of AI With Blockchain, How Will This Impact The Trend of The Crypto Market and How Do We Expect It To Evolve”, the guests discussed how artificial intelligence brings more possibilities to cryptocurrency, further increasing the use value and popularity of cryptocurrency.

Discussing the trends of artificial intelligence’s impact on cryptocurrency, the event provided crypto enthusiasts with deeper insights into digital currencies and Web3 considerations.

As Web3 becomes a trend and asset security emerges as a pressing issue in the crypto sphere, Liu Yang, the head of MetaTrust Labs, delivered a talk titled “Builder-first Web3 Security.” Noting the increasing number of crypto-related hacks, Liu Yang addressed the unique characteristics of Web3—its unregulated, irreversible, transparent, and open nature—which make assets vulnerable to attacks. He provided the crypto enthusiasts in attendance with valuable insights into Web3 security considerations.

Facing the bear market in the crypto circle, Joey Cheah, head of NoahSwap, said in her speech that the cryptocurrency market is facing growing challenges, with 70% of holders suffering capital losses in the bear market in 2022. NoahSwap aims to accept the challenges of crypto investment and assist Global users reduce investment losses.

The successful execution of Coinstore’s brand launch event marks the emerging brand’s challenge to industry giants, offering more choices to crypto users. Coinstore’s global brand debut also accelerates its positioning in the crypto and Web3 landscapes.

Empowering high-quality premium assets for its global debut

Born in a bull market and steadfast in a bear market, Coinstore has rapidly risen to become one of the fastest-growing trading platforms in the past two years. Since launching its spot trading system on June 11, 2021, Coinstore has provided trading services to crypto enthusiasts in 175 countries or regions, with Indonesia, India, and Nigeria emerging as the top three countries in terms of registered users.

Focusing on emerging markets and empowering high-quality assets, Coinstore has built itself into the world’s leading exclusive premium listing platform. The slogan is “The First Choice For the Initial Launch”. Through meticulous screening and expert evaluation, Coinstore lists quality premium assets for its users.

Coinstore provides VIP services for online projects, and has a dedicated delivery department to provide one-to-one services for projects and assist in the overall listing, marketing and operation of the project. This is also the basis for Coinstore to select high-quality projects for its users.

Coinstore remains committed to simplifying trading, securing assets, and unearthing quality assets for its users, leading to the inception of Coinstore Launchpad. As of September 5, 2023, Launchpad projects have seen an average oversubscription rate of 227% this year, with the best-performing project, SOIT. As of June, projects launched on Prime have seen an average value increase of 1071%. Launchpad has become one of Coinstore’s most popular and successful products.

To disseminate knowledge about blockchain and Web3 and to bring cryptocurrency understanding to a broader audience, Coinstore has launched two major offline events: “CS Connect” and “Cryptalk.” In 2023, Coinstore aims to expand its reach by hosting over 30 Cryptalk events and 50 CS Connect events, covering more than 20 countries.

Coinstore continuously rolls out financial innovations with the aim to offer more inclusive digital financial services to its global user base. In March 2022, Coinstore launched Web 3.0, utilizing wallets as a gateway to bridge the gap between centralized and decentralized exchanges, thereby offering users a one-stop solution for digital asset management.

Coinstore will continue to build a Web3 security ecosystem, adhere to technological product innovation under the premise of legal compliance and controllable risks, create a new secure digital world, and promote the application of Web3 and other technological innovations.

In the name of blockchain technology, the power of Web3 technology for good is unleashed. Coinstore firmly believes in the power of crypto to bring cryptocurrency ownership to more people and make it universally accessible in every corner of the world.

Since its inception, Coinstore has been quietly contributing to empowering the emerging world with crypto strength. With the global launch of Coinstore’s brand event, it proclaims the magical power of crypto to the world. One small step for the crypto community, one giant leap for Coinstore. Together, we witness the alternating bull and bear markets and the transformative impact of the crypto world.

Cision View original content:https://www.prnewswire.co.uk/news-releases/born-for-initial-launches-coinstores-brand-launch-conference-comes-to-a-successful-conclusion-301926048.html

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DTCC partners with Chainlink and JPMorgan to pilot blockchain integration for fund data

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As headlines spotlight spot Bitcoin (BTC) exchange-traded fund (ETF) flows and institutions revealing their exposure to BTC ETFs, financial service infrastructure providers are quietly integrating blockchain technology into their systems.

According to a recent report from the Depository Trust & Clearing Corporation (DTCC), the firm conducted a pilot program named Smart NAV in collaboration with Chainlink (LINK). This initiative aimed to extend the capabilities of DTCC’s Mutual Fund Profile Service I (MFPS I), the industry standard for transmitting ‘Price and Rate’ data, also known as ‘NAV data.’

DTCC’s Mutual Fund Services business currently operates MFPS I, offering fund companies an automated solution to deliver prices and daily distribution rates to numerous clients for tens of thousands of mutual fund securities. Traditionally, DTCC collects price and rate data from funds/service providers and distributors, then aggregates and disseminates it at regular intervals through its message queue (MQ) and file-based methods.

The Smart NAV Pilot served as a digital extension of the existing MFPS I service, aiming to broaden and complement its current capabilities. DTCC recognized the growing interest in mutual fund tokenization and saw an opportunity for on-chain price and rate data to facilitate new initiatives. Taking a ‘chain-agnostic’ approach, meaning the ability to disseminate NAV data across virtually any blockchain, was crucial for enabling other use cases to build upon Smart NAV’s foundations.

Ten market participants, including major names like American Century Investments, BNY Mellon, and JP Morgan, collaborated with DTCC and Chainlink on the pilot. They evaluated the feasibility and industry value of implementing a distributed ledger technology (DLT)-based price and rate dissemination solution to unlock new benefits and support experimentation in the asset management space.

The pilot results demonstrated that delivering structured data on-chain and establishing standard roles and processes enabled foundational data to be integrated into various on-chain use cases, such as tokenized funds and bulk consumer smart contracts. This capability can fuel future industry exploration and empower numerous downstream use cases, including brokerage portfolio applications.

The simplest application of Smart NAV is to provide trusted, verifiable data on virtually any blockchain network to support its use in business workflows. During the pilot, DTCC acted as both the provider and governor of the on-chain data solution, while Chainlink’s CCIP served as the interoperability layer. The core capability explored is adaptable across a wide range of use cases, potentially enhancing operational efficiency and streamlining processes.

Based on the positive findings, DTCC sees an opportunity to expand the scope of the pilot to explore broader use cases beyond price and rate data dissemination and across more blockchains.

Source: kitco.com

The post DTCC partners with Chainlink and JPMorgan to pilot blockchain integration for fund data appeared first on HIPTHER Alerts.

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Is Donald Trump’s Recent Crypto-Friendly Stance Genuine Or Opportunistic? Experts Weigh In

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Presidential candidate Donald Trump recently made a surprising endorsement of crypto, suggesting that he would ease hostility towards cryptocurrencies in the US if re-elected.

Trump stated, “If we’re going to embrace it, we have to let them be,” and urged crypto supporters to vote for him. This marks a significant shift from his previous criticisms of Bitcoin and other cryptocurrencies in 2019, where he labeled them as “not money” due to their volatility and lack of intrinsic value, expressing concerns about their potential use in illegal activities like drug trafficking.

Crypto’s Impact on Voter Preferences
With approximately 20% of American adults reportedly holding crypto, candidates are taking notice. Markus Levin of XYO Network sees embracing crypto and implementing solid regulation as a strategic move in elections and sound policy overall. He believes Trump’s apparent positive stance towards the industry will sway some voters in his favor.

Jonathan Thomas of Blueberry suggests that Trump’s crypto-friendly rhetoric may attract voters who prioritize crypto as a single-issue matter.

Skepticism Surrounding Trump’s Crypto Support
However, not everyone is convinced by Trump’s newfound endorsement of crypto. NFT enthusiast Thorne Melcher views it as “flimsy” and warns against the potential for conservative politics to restrict crypto due to its use in areas such as trans hormone replacement therapy and abortions.

While some may see Trump’s support for crypto as a reason to vote for him, others like Stephanie Vaughan of Veda caution against assuming substantial benefits from this endorsement alone. Vaughan highlights the Biden Administration’s hardline stance on crypto regulation by enforcement, which she believes is unworkable and could push voters towards Trump.

Trump’s Strategy to Attract Crypto Voters
Trump’s pivot from crypto skeptic to NFT enthusiast reflects a strategic move to appeal to voters interested in crypto. Vaughan suggests that many crypto-focused voters may have supported Biden in the last election, but Trump is actively courting them by recognizing the industry’s significance.

By acknowledging crypto’s growing influence on voters, Trump aims to draw support away from Biden, positioning himself as the candidate more aligned with the interests of the crypto community.

Source: cryptonews.com

The post Is Donald Trump’s Recent Crypto-Friendly Stance Genuine Or Opportunistic? Experts Weigh In appeared first on HIPTHER Alerts.

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droppGroup Unveils Platform with AI-Blockchain Integration

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droppGroup, a trailblazer in amalgamating blockchain and artificial intelligence, has unveiled droppLink, an innovative service platform poised to potentially revolutionize AI management and development across various blockchains. The architecture of droppLink empowers users with control over data contributions, abstracts computational requirements, and streamlines micropayments.

Stakeholders, dubbed Computational Resource Patrons (CRPs), contribute to the infrastructure costs and share profits from the facilitated AI operations.

As a web3 development firm, droppGroup specializes in deploying patented innovations in AI, machine learning (ML), object recognition, streaming, crypto, augmented reality (AR), virtual reality (VR), and mixed reality (MR). droppGroup is now advancing multi-modal AI systems with droppLink.

Gurps Rai, co-founder and CEO of droppGroup, explains that droppLink tokenizes each stage in an AI model’s lifecycle across multiple blockchains, such as Solana, Polygon, Ethereum, Base, and Hyperledger Fabric 2.5, ensuring unparalleled data integrity and expediting AI development.

Rai added, “This process upholds data ownership rights while establishing a transparent, immutable usage record via our Proof of Gen and Data Genesis protocols.”

Christopher J. Kelly, co-founder and president of droppGroup, underscores the company’s commitment to pushing the boundaries of multi-modal AI systems at the convergence of physical and digital realms, introducing cutting-edge solutions to the market.

Scheduled to speak on the monitoring and evaluation panel at the AWS Summit on May 22, Kelly will address topics like data integrity in AI and its alignment with the company’s mission.

With the AI market projected to reach $297 billion by 2027, ethical considerations such as data provenance, intellectual property protection, and fair compensation are paramount.

Accessible through droppPhygital, droppLink leverages multi-chain integration and robust tokenization to bolster data integrity. By melding blockchain technology with artificial intelligence, droppLink establishes an ethical management layer, aiming to reshape the AI landscape by fostering trust, transparency, and innovation.

Source: cryptotimes.io

The post droppGroup Unveils Platform with AI-Blockchain Integration appeared first on HIPTHER Alerts.

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