Blockchain
Altbase Token to Launch Oct 12
Rosedale, California–(Newsfile Corp. – October 8, 2021) – Altbase Token ($ALTB) will officially launch on the Binance Smart Chain on Oct 12. The token will have an overall supply of 935 Million Tokens, with the token offering now being aligned to the Altbase Mobile app for iOS and Android.
Official Launch
The token will be available for users to buy from Oct 12 at 12PM PST. The token will initially be available on PancakeSwap, with further exchange listings planned, including relisting of selected exchanges that previously listed 100xCoin.
New Altbase Token Contract Address – 0x9b3a01f8b4abd2e2a74597b21b7c269abf4e9f41
Tokens Saved for Buybacks
As the previous 100xCoin contract had hyper-inflated tokenomics, the supply has been reduced at a 1,000,000/1 ratio, in order to make the token more reflective of an exchange-based product. In doing so, there are remaining tokens for the development team of Altbase to make buybacks on the new token once it is launched for buys after Oct 12.
A Native Token
The purpose of $ALTB is to provide a currency pairing for the Altbase mobile app. The app is being rebranded, with new flows and UI along with further product pages. The token itself will be used within the mobile app for purchases, and over time will be used as a native currency pairing to other altcoins and meme coins.
Altbase continues to list new projects that are otherwise unavailable on major exchanges. Having an app that is a safe haven for new investors is fundamental to the project’s ideals, and having a native token that’s paired to these coins with big communities will drive volume on the token itself.
A Major Buying Event?
Oct 12 is the official launch of the token to the marketplace, with the contract having been locked for buys up to this point. This was done in order to prevent illegitimate trading whilst no liquidity is within the contract, of which is being added on the 12th. Therefore, a backlog of potential buyers has queued as purchases have been unable to take place for 10 days on this contract.
Preventing buys on the token until the 12th was to protect investors, but also to create buying pressure on the 12th.
How To Purchase $ALTB
The new contract will have liquidity added on Pancakeswap V2 on Oct 12, with the token also being listed on the Altbase app at the same time. This will provide users options to buy the new token with BNB, and credit or debit card. Users can also buy altcoins using payment cards via altbase.
What Next for Altbase?
A marketing drive will commence with the app looking to establish itself as the “home of altcoins”. This will include a variety of digital marketing strategies with high media spend.
10 new projects are to be listed to the app imminently, with 1 new project being listed per week. The Octaplex Network and its ecosystem for new crypto coins Is being listed on Oct 4 at 12PM PST.
Altbase.com will go live on Oct 6, with brand new UI rolled out across the site with new product pages for every crypto listed on the app.
Media Contact:
Curtis Ramsay
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/99054
Blockchain
Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)
Building Customer Trust in AI with Blockchain
Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.
Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.
Source: Harvard Business Review
Blockchain at a Crossroads: Balancing Promise and Peril
As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.
The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.
Source: Cointelegraph
BRICS vs. USD: Blockchain’s Role in Economic Shifts
The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.
This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.
Source: CoinGeek
Hungri Games Expands MetaHorse Unity to Base Blockchain
Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.
By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.
Source: CoinTrust
Nano Labs Purchases Trump Tokens to Celebrate Presidency
Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.
The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.
Source: PRNewswire
Final Thoughts: Blockchain’s Expanding Horizons
This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.
While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.
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