Blockchain Press Releases
Wellness NFT YogaPetz Sells Out in Less Than 45 Minutes with a Value Close to $3 Million
HONG KONG, Oct. 6, 2023 /PRNewswire/ — Yogapetz is thrilled to announce the remarkable success of their latest release, the Wellness NFT YogaPetz collection, which experienced an astounding 130% over-subscription rate. Within a mere 45 minutes, the entire 10,000-piece collection was completely sold out, generating an impressive sum of 1,761 ETH, equivalent to approximately USD 3 million in sales.
This groundbreaking achievement occurred on August 31, 2023, despite the challenging market environment for NFTs during the prevailing winter season, characterized by a downturn in market capitalization and low investor sentiment. The resounding success of the YogaPetz collection serves as a testament to its unique value proposition and the growing demand for wellness-focused NFTs.
Overwhelming Response Demonstrates Growing Demand for Wellness NFTs
“We are overwhelmed by the incredible response to the YogaPetz collection,” said @keung , Co-founder of YogaPetz. “The rapid sell-out and the substantial value generated demonstrate the strong appetite for wellness-themed NFTs in the market. Our collaboration is driven by the shared goal of providing rewards and incentives that promote mental and physical well-being to our thriving online community of over 220,000 members.”
YogaPetz is a decentralized wellness ecosystem that prioritizes mindfulness, community, and rewards, aiming to provide users with a secure, transparent, and decentralized platform that nurtures mental and physical well-being. Utilizing the $PRANA token in conjunction with a mobile application, users are incentivized for practicing and maintaining healthy mind and body habits (Relax – Rewards – Retreat – Repeat). The success of the YogaPetz collection has paved the way for exciting developments and partnerships within the wellness ecosystem.
Experienced Co-founders Driving YogaPetz to Success
The YogaPetz project is led by co-founders @keung (Kam-Keung FUNG) and @Kakarot_F23 (Kin-Fung MAN), who collectively bring over twenty years of entrepreneurial and operational experience to the table. Their diverse backgrounds and expertise form a solid foundation for the success of YogaPetz.
@keung, the founder and CEO of Awesapp Limited, boasts an impressive track record in creating and managing mobile applications. His keen understanding of the market, honed through years of street-smart experience, has equipped him with invaluable insights into the competitive NFT landscape. Leveraging his expertise, @keung has provided strategic counsel to prominent NFT projects such as 9GAG (Memeland) and OliveX.
Notably, the Memeland project achieved a remarkable feat by selling out 10,000 NFTs within a mere 12 minutes, generating team revenues of 9,801 ETH, equivalent to millions of dollars. Similarly, OliveX launched 420 Genesis NFTs earlier this year, and all were quickly sold out, raising 2,100 ETH, valued at over three million dollars. These successes underscore @keung’s astute market sense and his ability to navigate the evolving NFT landscape.
While the government of Hong Kong promotes the development of web3 with uncertain prospects, it is noteworthy that these three Hong Kong startups have gained international recognition in the web3 field.
@keung: Web3 Drives Innovation and Success through Collective Wisdom
@keung acknowledges the doubts surrounding web3 and NFT products, but he remains steadfast in his belief in their potential to achieve outcomes that traditional internet products simply cannot. He explains, “In the pre-web3 era, teams had to invest significant time and effort in marketing to reach the right users. However, web3 projects operate differently. By cultivating a community, word-of-mouth naturally spreads, enabling more effective global user connections.”
In addition to the advantages of community participation in web3 and NFT projects, @keung emphasizes their potential as avenues for both fundraising and talent aggregation. These projects can secure funding through the community and attract exceptional talents who bring ideas, brainstorming capabilities, and valuable contributions to project management. This collaborative approach empowers web3 projects to harness the collective wisdom and expertise of their communities, driving innovation and success.
@Kakarot_F23‘s Journey Of Battling Cancer and Starting YogaPetz
@Kakarot_F23, another co-founder of YogaPetz, has a deeply personal connection to the project. Having been diagnosed with nasopharyngeal cancer at the end of 2019, he underwent grueling chemotherapy and radiation therapy. Throughout this challenging journey, @Kakarot_F23 experienced significant physical and mental hurdles, including the hardships of depression. However, with the unwavering support of the cancer community, he managed to rebuild his confidence and rekindle hope.
Inspired by his battle with cancer, @Kakarot_F23 was driven to establish YogaPetz as a platform that goes beyond traditional NFT offerings. Drawing from his fine arts background and graduating from the University of the Arts London (previously known as Central Saint Martins), @Kakarot_F23 recognizes the immense market potential of wellness-focused NFT communities. He firmly believes that NFT communities centered around wellness can bringabout positive change and growth.
The collaboration between @keung and @Kakarot_F23 is marked by seamless synergy. They jointly manage the YogaPetz community, leveraging @Kakarot_F23‘s creative arts expertise and @keung’s technical acumen. Their shared vision and complementary skills create a robust foundation for YogaPetz’s success in the competitive NFT market.
About YogaPetz
YogaPetz is a decentralized wellness ecosystem that places a strong emphasis on mindfulness, community, and rewards. Our primary objective is to offer users a secure, transparent, and decentralized platform that fosters mental and physical well-being. Even individuals who do not hold the YogaPetz NFT are encouraged to explore and participate in the platform. They can begin their wellness journey, establish their own wellness businesses, redeem retreats with our partners using $PRANA, and cultivate healthy habits through repetition.
For more detailed information:
https://yogapetz.com/
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Blockchain Press Releases
Africa Exclusive: Bybit Promotes Crypto Education with P2P Security Webinar
DUBAI, UAE, Nov. 22, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, sets out to raise awareness of P2P security and to equip users with the latest anti-fraud knowledge and tools in a new learn and earn event exclusively for users in Africa. Hosting a P2P security Webinar on Nov. 25, Bybit P2P will also be announcing a prize pool valued at 10,000 USDT for a new Africa-exclusive deposit event.
P2P Security Webinar
On Nov. 25, the live webinar on P2P security will be broadcast in the Bybit Africa Telegram group from 7 to 9PM UTC. Attendees may benefit from a comprehensive session on tips and the latest know-how on asset safety and counterparty risks. The free webinar will cover the following topics:
- Fraud detection: users will learn about signs of common scams and steps to verify payment authenticity.
- Staying safe with Bybit P2P: users get to discover Bybit’s security tools and the latest features to combat fraudulent attempts.
- Trading with confidence: users will gain practical advice and practical tips on how to trade safely.
The floor will be open for a live Q&A session after the sharing by Bybit P2P experts. Ahead of the webinar, attendees are invited to submit questions and the lucky ones will win 10 USDT if their questions are chosen by the speakers.
10,000 USDT Rewards for First-Time Deposits
From Nov. 25 to Dec. 15, 2024, new users who successfully sign up for a Bybit account and complete Identity Verification Level 1 may be eligible to share in a 10,000 USDT prize pool reserved for eligible users in Africa only. Users must sign up for the event and make a deposit via Bybit P2P to qualify and win up to 10 USDT, terms and conditions apply.
“Financial fraud is an age-old challenge and users must stay vigilant as scammers and fraudsters evolve. Bybit is constantly investing in our hardware and software to build the necessary guardrails for our platform. It does not take away the importance of user education, however, and we hope through engagements of this kind, we can help elevate the community on a path of growth,” said Joan Han, Sales and Marketing Director at Bybit.
P2P is an organic part of the crypto economy and helps to promote inclusivity in emerging economies. With Bybit P2P, users of all levels may access the user-friendly peer-to-peer trading platform to trade between themselves at an optimal, agreed-upon price. The service minimizes the need for the middleman, improving cost effectiveness while providing exchange-backed platform security.
Find out more about the event and eligibility at Bybit P2P.
#Bybit / #TheCryptoArk
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]
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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SINGAPORE, Nov. 22, 2024 /PRNewswire/ — Worldwide Stablecoin Payment Network (WSPN), a pioneer in digital payment solutions, and Polygon Labs, a software development company building the leading network of aggregated blockchains via the AggLayer, today announced their strategic collaboration aimed at unlocking the full potential of digital finance, focusing on the expansion and adoption of WUSD, WSPN’s flagship stablecoin.
WSPN has integrated Polygon PoS into its WUSD network infrastructure earlier this year. Now, this collaboration will focus on rapidly expanding WUSD adoption. Polygon Labs’s crucial liquidity support will be instrumental in bolstering WUSD’s mass adoption across various markets.
This collaboration will unlock opportunities to explore a range of innovative use cases for stablecoins, payments, and DeFi. Key areas of focus include facilitating payments and tokenization solutions for companies operating in Hong Kong SAR and Singapore, developing on-chain green finance projects tailored for African clients, and building robust DeFi platforms that leverage the strengths of both WSPN and Polygon technologies. These initiatives are strategically designed to address diverse market needs and drive the adoption of WUSD across a variety of regions and sectors.
By combining WSPN’s expertise in stablecoin solutions with Polygon’s advanced blockchain infrastructure, this collaboration will drive significant advancements in the digital asset space, particularly in emerging markets and the rapidly evolving DeFi sector.
About WSPN
WSPN is a leading provider of next-generation stablecoin infrastructure, committed to building a more secure, efficient, and transparent payment solution for the global economy. Their flagship product, WUSD stablecoin, is pegged 1:1 to the U.S. Dollar and aims to optimize secure digital payments for Web3 users. WSPN ‘s Stablecoin 2.0 approach prioritizes user-centricity, community governance, and accessibility, paving the way for widespread stablecoin adoption.
Learn more: www.wspn.io | X | LinkedIn
About Polygon Labs
Polygon Labs is a software development company building and developing a network of aggregated blockchains via the AggLayer, secured by Ethereum. As public infrastructure, the AggLayer will bring together user bases and liquidity for any connected chain, and leverage Ethereum as a settlement layer. Polygon Labs has also contributed to the core development of several widely-adopted scaling protocols and tools for launching blockchains, including Polygon PoS, Polygon zkEVM, and Polygon Miden, which is in development, as well as Polygon CDK.
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DUBAI, UAE, Nov. 21, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is pleased to reaffirm its commitment to providing ease of access to digital assets for eligible P2P users in Africa at zero fee. Connecting buyers and sellers at no cost, Bybit P2P continues to be the benchmark for cost-effective and convenient trading experiences.
Since its launch in Jan. 2022, Bybit P2P has consistently provided a user-friendly platform for users seeking a safer way to participate in the digital asset class. The services are offered at no costs for merchants and takers in P2P transactions:
- Merchants: Merchants may post advertisements on Bybit P2P for free.
- Takers: Users may place an order through advertisements listed on the P2P platform at no costs. The offer stands across all fiat trading pairs. Third-party fees may incur depending on the payment method chosen, as the payment providers may charge a transaction fee.
P2P Fee Structure (Africa)
|
Taker Fee (Sell Page) |
Maker Fee (Sell Page) |
|
|
Bybit |
0 % |
0 % |
|
Competitor B |
0.5% on completed orders for certain trading pairs |
0 % |
In addition, Bybit has launched an exciting P2P Coupon Giveaway Campaign from now to Jan. 15, 2025. As part of this initiative, users can earn a share of up to 20,000 USDT in rewards by completing tasks such as depositing $100 or trading $50,000 through Bybit P2P. The rewards will be in the form of Bybit P2P coupons to be redeemed in the next purchase, making the zero-fee transactions an even better deal for winners.
“Bybit’s steadfast commitment to contributing to financial inclusion comes in all forms, and keeping our P2P services free for as long as we can, and for as many users as possible, is one of the ways to support the crypto community,” said Joan Han, Sales and Marketing Director at Bybit. “When users come to our platform with the hopes of generating income on their assets, we want to play a supportive role in helping them reach their personal financial goals,” she added.
P2P on Bybit offers an intuitive and cost-effective peer-to-peer trading platform, facilitating the buying and selling of two users’ holdings at an optimal, agreed-upon price between them. With Bybit P2P, users stand to benefit from Bybit’s enterprise-level security and advanced features including comprehensive built-in KYC and KYB verification mechanisms, rigorous asset management protocols, and 24/7 customer service.
Find out more about the event and eligibility at Bybit P2P.
#Bybit / #TheCryptoArk
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]
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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View original content:https://www.prnewswire.co.uk/news-releases/bybit-waives-p2p-transaction-fees-for-users-in-africa-302313124.html
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