Blockchain
Memeunity Builds a Second Company to Improve Revenue
Dover, Delaware–(Newsfile Corp. – October 21, 2021) – The Memeunity team is pleased to announce the creation of a second company to the general public in a bid to bolster its revenue generation model. Memes were previously seen as a fun-only means of expression and nothing more. However, the team hopes that the emergence of Memeunity (MU) will change their users’ perception about memes ― the fact that they can make money and laugh while at it.
(A Memeunity media asset)
To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/8325/100451_memeunity.jpg.
MU is the world’s first interactive social media platform of its kind. This means that its users do not have to interact with anyone as they would on traditional social media platforms. Thanks to the integration of blockchain, users on their platform can interact with other members of the Memeunity community without necessarily having to know each other’s information unless mutually requested. A close substitute to that would be a Memo, something similar to a bio. In this situation, users get to craft a message that best describes the personality they intend to maintain.
For Content Creators
Memeunity serves content creators in a way that is atypical of social media platforms. Content creators are tasked to meet a long list of demands that can potentially influence the message that they intend to pass. To create a fair environment for all users of Memeunity, the leadership team integrated the “double algorithm” feature. The first algorithm classifies content according to the manner of language used, and the second one distributes ads across the different content categories.
Why Memeunity?
We are Memeunity because we understand that there’s unity in decentralization. This is one of the ways we show you that we do not care about you, but we do. We do not care about you enough to want or sell your data, and we care about you enough to respect your privacy.
Contrary to the general misconception that blockchain products and solutions are somewhat technical, the MU team did ensure that users have an easy time on their platform thanks to their intuitive and interactive user interface. Other perks include a dynamic content feed, consistent reward system, meme categories, etcetera.
So What Happened?
In trying to keep with the promise of a consistent reward system, the Memeunity team saw a future where the reward system could not be sustained. For this reason, they have set up a second company (Yarloo) intending to avoid all the mistakes they made with Memeunity. So far they have raised about $2 million with this second company, twice as much as they did with Memeunity.
Yarloo is built with a potent business model to generate revenue which will ultimately resuscitate Memeunity and create the future they envisioned and promised. The Memeunity team remains focused on ensuring they maintain the user-friendly, data-respecting, and privacy-inclined community they have been from day one.
About Memeunity
Memeunity is an interactive community that is very different from the typical social media but aims to entertain users. They describe themselves as a group of “lunatics” who saw a future for interactive social media and took it. Their idea of integrating a social network of memes with blockchain technology was so good that they raised a million dollars from investors. Memeunity is based in Delaware, United States (to be relocated to St. Vincent & The Grenadines for future legal concerns).
Contact Information
Company Name: Memeunity
Contact Name: Eyad Khaled
Phone number: +2001289749608
Email Address: mailto:[email protected]
Website Link: https://memeunity.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/100451
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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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