Blockchain
Neustreet Becomes First Company to Designate Global Headquarters in the Metaverse
Detroit, Michigan–(Newsfile Corp. – June 24, 2021) – Collectech startup Neustreet has become the first company to officially designate their global headquarters in the metaverse. As virtual worlds become a more relevant channel for traditional businesses, Neustreet has decided to build their headquarters in the Ethereum-based virtual world of Cryptovoxels.
Neustreet, Inc. is a media and data company that aims to be as widely used in modern collectible markets like sneakers, trading cards, and NFTs, as Yahoo! Finance and Bloomberg are in the financial markets. By providing the right tools and information to collectors, Neustreet enables people to make better decisions about the things they love.
Neustreet founder Eric Witschen previously led product, engineering, content and data teams at financial technology giants Bloomberg and Benzinga. With Neustreet, he saw an opportunity to provide a similar data aggregation service for collectibles and alternative assets.
“I’m a lifelong researcher and collector of cultural items, from NFTs to baseball cards. Regardless of whether you buy and sell collectibles for a living or intend to pass them on to the next generation, you have to make smart decisions with your limited resources. I view the explosive growth in modern collectibles as the most exciting frontier in fintech. But as a collector myself I also know that these items often mean so much more than the money they represent. Neustreet was the perfect opportunity to connect my professional expertise to my personal passions,” commented Eric Witschen.
Neustreet’s Global HQ exists on the Cryptovoxels ‘island’ of Little Ceres. This virtual real estate was purchased by Neustreet and the value of the asset is recorded on the company’s balance sheet. ‘Neustreet HQ‘ is a three story digital structure that is being built by the Neustreet team. The first floor is an open plan office that doubles as co-working space for anyone looking to learn more about Neustreet or research their favorite collectible. The second floor is a virtual gallery of NFTs and digital art and the third floor is a space where Neustreet plans to host events for a broader community of artists, creators, and collectors. Neustreet HQ is open to the public 24/7.
“One of the most exciting things we’re seeing at Neustreet is the blurring of lines between physical and digital, and we love the promise of openness and global access that these virtual worlds provide. Neustreet HQ is a place that allows our global community of collectors to come together and connect virtually,” said Eric Witschen. “People who visit our new global headquarters will see how serious we are about our vision for the future and understand who we are at the core. I can see a time in the very near future where every company has a virtual headquarters in addition to a physical headquarters.”
Contact Information:
Eric Witschen
[email protected]
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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