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
Bybit x Block Scholes Derivatives Report Uncovers BTC Call Option Boom Amidst Election Uncertainty
DUBAI, UAE, Oct. 11, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, in collaboration with Blocks Scholes, is excited to unveil its latest crypto derivatives report. This insightful report explores the market’s response to recent price fluctuations and the backdrop of the upcoming U.S. election.
Key Insights:
Decline in BTC Options Implied Volatility: Surprisingly, implied volatility for Bitcoin (BTC) options has dropped, despite the looming U.S. election. Traditionally, market uncertainty would lead to increased volatility ahead of major events, like the much-anticipated BTC Spot ETF launch, making this a noteworthy deviation.
Surge in Call Option Volumes: BTC call option trading volumes have surged significantly in recent weeks, potentially signaling a shift towards a bullish market sentiment.
Muted Futures Activity: While futures trading saw positive momentum with early October’s market volatility, open interest has remained relatively subdued compared to pre-September expiration levels.
Spike in BTC Perpetual Swap Volumes: Open interest in BTC perpetual swaps remained stable; however, trading volumes surged in response to early October’s volatility spike, marking an important market movement.
Cautious Sentiment in ETH Options: Ethereum (ETH) options also saw a decline in implied volatility. Put option volumes have surpassed call volumes over the past week, suggesting traders are taking a more cautious stance regarding ETH’s future price movements.
Access the Full Report:
Gain deeper insights and explore the potential impacts on your crypto trading strategies by downloading the full report here: https://learn.bybit.com/crypto-insight/bybit-x-block-scholes-crypto-derivatives-analytics-report-oct-9-2024/
#Bybit / #TheCryptoArk /#BybitResearch
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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Blockchain Press Releases
Bybit Doubles Down on Rewards for Late Entrants of WSOT 2024 With New 100,000 Prize Pool
DUBAI, UAE, Oct. 11, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced another exclusive round of rewards for a limited time only, looking to incentivize late entrants to the World Series of Trading (WSOT) 2024 in the final registration phase.
Between now and Oct. 20, 10 AM UTC, eligible participants who join new WSOT squads with their Main or Subaccounts on Bybit stand the chance to unlock a fresh 100,000 USDT prize pool. This bonus pool, available just before the registration period ends, offers participants one last opportunity to boost their WSOT rewards. Notably, this prize pool is separate from the WSOT 2024’s total prize pool of 10,000,000 USDT.
This last-mile campaign comes on the heels of a successful 24-hour flash airdrop this week, during which 100,000 USDT was claimed by both new and existing participants in record time, underscoring the broad appeal of WSOT 2024 among the crypto community.
How to participate:
- Sign up for WSOT 2024 with your main account or Subaccount(s)
- Join a squad
- Achieve a minimum trading volume of $10,000 with the accounts to qualify
“We promised to keep the rewards flowing throughout WSOT 2024, and Bybit is delivering on that promise. With two sign-up campaigns targeting different trader segments in one week and additional bonus rewards for side events, WSOT 2024 is shaping up to be our most rewarding year yet,” said Joan Han, Sales and Marketing Director at Bybit.
The Flagship Crypto Trading Competition
Bybit has pioneered the format of crypto trading competitions and consistently raised the bar with organic growth of WSOT. Each year, the total prize pool, competition design, weighting system, diversity of challenges, and new elements continue to evolve to improve the fairness, competitiveness and enjoyability of WSOT. 2024 will see the largest prize pool in WSOT history plus exciting prizes such as luxury yachts, Rolex watches, exclusive trips and other enticing rewards.
WSOT is a platform for traders of all skill levels, with a strong emphasis on community. This year, WSOT will feature the decentralized platform for the first time with the launch of WSOT DEX Wave, which includes its own prize pool.
Follow the longest running and largest trading competition in crypto: WSOT 2024.
#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]
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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Blockchain Press Releases
Crypto Content Creator Campus (CCCC) Unveils Star-Studded Speaker Lineup for Inaugural Event
DUBAI, UAE, Oct. 11, 2024 /PRNewswire/ — The Crypto Content Creator Campus (CCCC), the premier annual gathering for the crypto community, is thrilled to unveil its impressive lineup of confirmed speakers for the inaugural event taking place from November 8th to 10th in Dubai.
This powerhouse roster brings together leading figures in social media, marketing, finance, and the blockchain space, offering attendees unparalleled access to expert insights and invaluable industry connections.
Influencer Powerhouse Speakers:
Randi Zuckerberg, Founder & CEO, Zuckerberg Media and HUG: A pioneer in leveraging technology for social impact, Randi Zuckerberg will share her expertise on building a successful online presence and fostering meaningful connections in the crypto community.
Zach King, Top Global YouTuber: Renowned for his mind-bending illusions and captivating content, Zach King will offer creators unique strategies to capture attention, cultivate engagement, and stand out in the fast-paced digital landscape.
Humphrey Yang, TikTok Finance Influencer: A master of breaking down complex financial concepts into digestible, engaging content, Humphrey Yang will empower creators to navigate the world of crypto finance education with clarity and effectiveness.
Industry Leader Insights:
Kudzi Chikumbu, Ex-Global Head of Creator Marketing at TikTok: Kudzi Chikumbu brings a wealth of knowledge from the leading social media platform and as a successful creator himself. He will offer creators valuable insights into content strategies that resonate on TikTok and leverage its vast global reach.
Jon Youshaei, YouTube & Instagram Insider: With 8 years of experience at YouTube and Instagram, Jon provides a unique perspective on what it actually takes to grow your audience and income through social media. He’ll delve into creator best practices from his experience working at the world’s top social platforms and interviewing some of today’s biggest stars on his show, which has become a go-to source for creator education.
Venke Sharma, Global Head Product Strategy at Sprinklr: Leading product strategist Venke Sharma will shed light on emerging trends in content creation tools and technologies, equipping creators with the knowledge to stay ahead of the curve.
Stephanie Hind, Head of Top Creator Partnerships at Patreon and Ex-Head of Lifestyle and Education at TikTok: Stephanie Hind brings firsthand experience in shaping content trends on a massive platform. She’ll provide creators with actionable strategies for crafting content that resonates with specific audiences within the crypto community.
Quotes from Speakers:
Randi Zuckerberg: “I’m excited to join CCCC and share my insights on building a strong online voice and fostering impactful connections within the dynamic world of crypto.”
Zach King: “I’m looking forward to encouraging creators to break new ground, stretch their creativity, and captivate audiences with their unique content.”
Humphrey Yang: “Demystifying complex financial concepts for a new generation is crucial. I’m excited to share my experience and empower creators to educate audiences about the crypto space in a clear and engaging way.”
Registration for the Crypto Content Creator Campus is now open. Visit the official website to secure your spot at this groundbreaking event.
About Crypto Content Creator Campus (CCCC)
We are a team of industry experts and visionaries committed to shaping the future of content creation within the Web3 and crypto sphere. Driven by a shared passion for creating a high-value community, we’ve curated a campus that promises an experience unlike any other.
For more details about CCCC, please visit: https://www.cccc.buzz/
For inquiries, please contact: [email protected]
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