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Blockchain

Altbase Token to Launch October 25th

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Rosedale, California–(Newsfile Corp. – October 24, 2021) – Altbase – the new token offering on BSC and mobile altcoin exchange, has announced that the completion of the migration from 100xCoin to $ALTB will be coming to an end, and the new smart contract will be going live on Oct 25th.

Altbase Token

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The token is officially going live for buys from October 25th and will be initially available on the Altbase application and PancakeSwap, with additional exchange listings planned soon after. The time of launch will be announced 2 hours before, to prevent sniping.

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The $ALTB Token Contract Address

The address for the new $ALTB token – 0x9b3a01f8b4abd2e2a74597b21b7c269abf4e9f41.

New Token – New Tokenomics

The previous hyper-inflated tokenomics for the 100XCoin were not suited for the use case that Altbase has planned for the native token. The overall supply will be reduced pro-rata from 877 Trillion, to 935 million coins approximately.

The new token and associated tokenomics will be built for utility, to be an effective trading pair with other tokens inside the Altbase platform. Transaction fees will also be significantly reduced to 2% for all transactions.

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As part of the tokenomics changes for the Altbase token, there will be a remaining amount to be utilized by the development team, of which could potentially be used for buybacks on the new Token after the launch has taken place on Oct 25th.

$ALTB Token – A Native Utility Token

Altbase aims to be the first stop when investors are seeking to buy altcoins and a leading altcoin exchange on the level with the biggest in the industry. The purpose of $ALTB is to provide effective pairing with the altcoin selection inside the mobile application. The $ALTB token is aimed to be used as a utility token within the app for purchases, and eventually will be adopted as a native currency pairing option with other altcoins and meme coins listed within the exchange.

The application itself is also seeing a development upgrade with an overhauled user interface and additional informational product page, with details soon to be released about this upgrade.

New projects are continually being listed to the app, with many that are currently unavailable on other exchanges. The premise is, by utilizing $ALTB as a token that can effectively pair with these coins and tokens, volume is driven to the $ALTB token itself.

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How To Purchase $ALTB

The new Token smart contract will have liquidity added to PancakeSwap V2 on the launch day of Oct 25th – the same day it will be listed on the Altbase application. Easy purchasing of various tokens inside the app is a goal for the community team, as such, the token will be available to buy with BNB, using the in-built payment system and a debit or credit card.

Altbase.com – The Home of Altcoins

The new website has experienced a complete revamp and is more streamlined than the previous version, with an easier-to-navigate user interface for users. The site was built by Coinpresso – a leading crypto marketing agency that specialise in advertising, SEO and building optimized websites for the crypto industry.

Included with the redevelopment is a selection of informational listed coins pages for projects that have partnered with Altbase and tokens that are listed within the app. Each one of these pages has been designed to give users and potential investors with information about the projects listed on the app, to assist with their purchasing decisions.

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Future Plans

Altbase is focused on continually improving and growing the platform to always enhance the user experience while also providing more choice for investors seeking to buy altcoins and meme coins.

Altbase as a service is striving to be an easy, straightforward experience with a streamlined approach to all of their individual products and the current rebranding efforts, as well as the token migration from the brand is a significant step to achieving this goal.

The app is available to download on mobile now, for iOS and Android.

Twitter: https://twitter.com/AltbaseApp
Discord: https://t.co/Xv26mj66HH?amp=1

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Media Contact:

Curtis Ramsay
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/100688

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

Bybit Expands bbSOL Yield Opportunities Through Strategic DeFi Partnerships

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Blockchain

This Week in Finance News: 11 Stories You Need to See

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With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.

The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.

  1. Prosperity or catastrophe: #Insurance2040 study reveals four possible futures for the industry
    By 2040, technological innovation driven by customer centricity could pave the way to greater climate resilience and more personalized offerings by the insurance industry. Alternatively, insurance could become a luxury afforded only to the wealthiest few.
  2. Cardinal Health announces two strategic additions to its portfolio
    Cardinal Health will acquire a majority stake in GI Alliance (GIA), the country’s leading gastroenterology (GI) management services organization (MSO), from a combination of GIA physician owners and funds managed by affiliates of Apollo. Cardinal Health will also acquire the Advanced Diabetes Supply Group (ADSG), one of the country’s leading diabetic medical supplies providers, for approximately $1.1 billion in cash.
  3. BlackRock Launches New BUIDL Share Classes Across Multiple Blockchains to Expand Access and Potential of BUIDL Ecosystem
    This initiative represents the next step in the evolution of the tokenization market, by enabling BUIDL to be used within leading blockchain-based financial products and infrastructure across ecosystems.
  4. Primo Brands Corporation Announces Successful Completion of Merger of Primo Water and BlueTriton Brands
    “I believe Primo Brands is positioned to be a leader in the healthy hydration beverage category, thanks to the strength of its iconic, sustainably-sourced brands, its robust operations and extensive North American network, and its responsible operation of numerous springs across the country,” said Dean Metropoulos, Non-Executive Chairman of the Board of Directors of Primo Brands.
  5. Jackson Hewitt Tax Services Expands Workforce, Offering Job Opportunities Nationwide for Upcoming Tax Filing Season
    The week-long event will launch the combined hiring of 18,000 employees to prepare for the upcoming tax filing season. The Jackson Hewitt hiring events are open to the public and include on-site interviews. Qualified candidates could receive a job offer immediately.
  6. PNC Bank to Double Planned Branch Openings to More Than 200 Across Six States This announcement brings the bank’s total investment to approximately $1.5 billion to open more than 200 new branch locations in 12 cities across the U.S. over the next five years, while completing the renovations of 1,400 existing branches during the same time period.
  7. Alchemy Pay Expands Virtual Card Functionality with Google Pay Support The new card BINs added will significantly enhance the capabilities of crypto cards, expanding their support for a broader range of payment scenarios and improving transaction success rates. This advancement is particularly impactful when paired with Google Pay, one of the most popular and widely used digital payment platforms, trusted by millions for its convenience and security.
  8. Finaya Unveils Nationwide Homeownership Platform
    From providing rich and current information about home values and property conditions, to finding helpful repair and remodeling providers, to shopping for and securing the right insurance, the platform simplifies the homeownership process, making it more accessible, convenient and efficient.
  9. GenAI predicted to inspire revenue growth in 76% of businesses, but only 4% qualify as “leaders” in AI and analytics
    Kearney’s report confirms that businesses are not only aware of how big data, AI, and analytics will impact revenue generation and enhance business strategies, but they are investing to stay ahead of the curve, too.
  10. GameAbove Sports Acquires Meaningful Ownership Stake in Brisbane Bullets with NBA Legend George Gervin as Part of Ownership Team
    This move marks a significant milestone for GameAbove Sports, a CapStone Holdings Inc. company, as it expands its influence on international basketball ahead of the Brisbane 2032 Olympics.
  11. Most US shoppers are encountering generative AI while shopping without realizing it
    A survey of 700 online shoppers in the US shows 71% are unaware of having used generative AI while shopping online even though most had recently shopped at retailers currently using it. 41% of customers say they would feel comfortable using a generative AI tool from a brand they trust.

For more news like this, check out all of the latest finance-related releases from PR Newswire.

Do you have a finance press release to distribute? Sign up with PR Newswire to share your story with the audiences who matter most.

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Helping Journalists Stay Up to Date on Industry News

These are just a few of the recent press releases that consumers and the media should know about. To be notified of releases relevant to their coverage area, journalists can set up a custom newsfeed with PR Newswire for Journalists.

Once they’re signed up, reporters, bloggers, and freelancers have access to the following free features:

  • Customization: Users can create customized newsfeeds that will deliver relevant news right to their inbox. Newsfeed results can be targeted by keywords, industry, subject, geography, and more.
  • Photos and Videos: Thousands of multimedia assets are available to download and include in a journalist or blogger’s next story.
  • Subject Matter Experts: Journalists will have access to ProfNet, a database of industry experts to connect with as sources or for quotes in their articles.
  • Related Resources: Our journalist- and blogger-focused blog, Beyond Bylines, features regular media news roundups, writing tips, upcoming events, and more.

The post This Week in Finance News: 11 Stories You Need to See appeared first on .

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Blockchain

Fintech as a Service Market: A Comprehensive Trends Analysis Predicts a USD 1,329.12 Billion by 2032 CAGR: 17.4% | PMR

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