Blockchain
Squeeze Token Announces Its Arrival in Style, Aims to Settle the Issues of Crypto Industry
New York, New York–(Newsfile Corp. – October 27, 2021) – Squeeze Token, a decentralized community working to stop rug pulls with utility within a deflationary project, is pleased to announce its arrival in the Cryptocurrency trading industry.
According to the team, it identified the major problems that most cryptocurrency investors have to deal with when investing in small-cap cryptocurrency projects and created a platform to solve that problem and make investing a lot easier for them, regardless of the crypto’s market size.
Figure 1: Squeeze Token announces its arrival in style, aims to settle the issues of Crypto industry
Problems identified
One of the problems it identified is the issue of imitating projects created by developers who copy and paste contracts, leading to more rug pulls.
These rug pulls drive genuine investors away from the industry. Squeeze Token is designed to address that issue and make investing in digital currencies, not a burden, but an interesting endeavor.
The solution introduced
Squeeze token is created to “fix these problems by providing a DAPP that will scan contracts for common code used in unsafe small cap crypto investments.” With the aim to create a DAPP that will alert investors of speculative wallet activity and help investors and new projects with all the tools they need to help their project succeed.
To ensure credibility and make the best projects available for listing on their exchange, the team insists that the project must pass their audit conducted by its team. Only projects that meet their requirements are issued the Squeeze Seal of Approval and listed for prospective investors.
Squeeze Tokenomics
The Squeeze Token team has reportedly burnt 75% of their total supply of 100,000,000,000,000 tokens and the token keeps growing transaction per transaction.
Each transaction conducted with the token attracts an 11% fee. 8% of the fee is earmarked for distribution while the remaining 3% goes back into liquidity/buyback, which will be used to increase the squeeze token floor. It can also be used for paying maintenance and development fees for the project.
On sales at HotBit and other Exchanges
The Squeeze token is available for sale on major cryptocurrency exchanges such as Hotbit, FEGex, and iNDOEX.
Helping hand in betterment of the world
Besides offering cryptocurrency investors a platform where they can invest in only credible digital assets, the team is heavily involved in philanthropy as well.
While stating its philanthropic gesture, the team quoted: “Our mission with philanthropy began with donations for rice to a community in the Philippines. Donations are secured through The Squeeze Token’s site.”
“Our first one was 50 bags of rice and we were able to provide it a day early. The second donation, also in the Philippines, was food bags and Personal hygiene items. Next donations will be going to Somalia and Nigeria.”
Vision ahead for Squeeze
There is also on-going process of a partnership program to deliver basketball camps for youth programs globally. The team promised to continue donating a portion of their marketing funds to charity in line with the project’s growth.
Social Media:
Twitter: https://twitter.com/SqueezeToken
Telegram: https://t.me/squeezetoken
LinkedIn: https://linkedin.com/in/squeeze-token
Media Details
Company Name: SqueezeToken
Email: [email protected]
Website: https://squeezetoken.finance/
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/101036
Blockchain
Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users
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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.
The post Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity) appeared first on News, Events, Advertising Options.
Blockchain
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