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Hydrogen, a Leading BSC-Based DeFi Project, Aiming to Pioneer Innovative Green Energy Investment After Listing on PancakeSwap

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London, United Kingdom–(Newsfile Corp. – October 28, 2021) – Hydrogen Economy (HDGN) is a Binance Smart Chain based DeFi project aimed at developing and leveraging a sustainable DeFi ecosystem to support global hydrogen segment initiatives on the road toward carbon neutrality. The platform’s native token Hydrogen (HDGN) features autonomous yield and liquidity generation. Notably, Hydrogen has a total supply of 150 million tokens and a diluted market capitalization of $1.5 million. It’s proud to announce its recent listing on PancakeSwap.

The Hydrogen Economy project is developing a DeFi platform powered by the HDGN token. The platform’s operational profit will be used towards the project’s main aim: To invest in the global hydrogen market. In a nutshell, the project will leverage the innovation of the rapidly growing decentralised digital economy to support global hydrogen segment initiatives on the road to carbon neutral, while democratising access to returns from the future hydrogen economy.​ More so, the platform’s investment strategy will mainly focus on assets, projects and infrastructure generating “green” hydrogen from renewable energy, and as such, making an important contribution to the global energy transition.

As the project seeks to build strategic partnerships with multinationals, governments, and academic institutions, it aims to build a portfolio of innovative investments in this disruptive growth industry. This portfolio will constitute the essential contributors of the dynamic hydrogen ecosystem and ultimately reward HDGN token holders through long-term value creation.

Key Features of Hydrogen Economy

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The project offers several features for participants. Here are some of them:

  • Passive Income: Token owners can earn passive income with 3% of each transaction distributed to all wallets simply through holding. Moreover, the PancakeSwap liquidity pool is automatically expanded by 3% of each transaction.
  • Security: The liquidity pool is locked for 3 years, making funds safe for trading and holding.
  • Deflationary tokenomics: A small percentage of each transaction goes to a burn address, plus manual buybacks and burns based on achievements to reduce supply and benefit the community over the long-term.
  • Charity Donations: Small percentage of every transaction goes to the charity wallet.
  • Upcoming near term operational developments: DeFi Platform offering Lending, Staking, Yield Farming and Leveraged Yield Farming. New features are being developed to build an ecosystem. Aside from this, the operational developments include audits, partnerships, ongoing marketing, and further exchange listings.
  • Medium term strategic goals for core purpose: Developing mechanisms to leverage operational DeFi ecosystem to support hydrogen segment initiatives, contributing to a lower carbon future and generating long-lasting value for the community.

With the ongoing platform development programme picking up pace, the Hydrogen token price could reach great new heights, thereby attracting a huge number of crypto enthusiasts and investors.

About Hydrogen Economy

Hydrogen Economy is a Binance Smart Chain based DeFi project aimed at developing and leveraging a sustainable DeFi ecosystem to support global hydrogen segment initiatives on the road to carbon neutrality. The platform’s native token is Hydrogen (HDGN).

Social Media:

Twitter: https://twitter.com/Hydrogen_HDGN
Telegram: https://t.me/HDGN_HydrogenEconomy
Facebook: https://www.facebook.com/HDGNHydrogenEconomy
Instagram: https://www.instagram.com/hdgn_hydrogen_economy/
LinkedIn: https://www.linkedin.com/company/hdgn-hydrogen-economy

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Media Contact:

E-mail: [email protected]
Website: https://www.hdgneconomy.com/

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/101135

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

New seed-stage VC fund from Finland secures €6 million in initial close for €30 million blockchain fund

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Helsinki-based Equilibrium Ventures (EQV), a new seed-stage venture capital fund focused on the crypto sector, has successfully closed the first round of its €30 million fund, raising €6 million from limited partners (LPs). This milestone highlights growing interest in blockchain startups and a promising future for the European crypto ecosystem.

The fund is led by an experienced team of partners: Mika Honkasalo, Henrik Sundvik (formerly of Bain & Company), and Christopher Ahn (ex-Molten Ventures investor). Equilibrium Ventures aims to attract and support founders with deep technical expertise in blockchain technologies, covering areas such as zero-knowledge proofs and smart contracts, essential for developing advanced blockchain solutions.

Equilibrium Ventures has attracted a diverse group of backers, including strategic investors, family offices, and notable LPs like Sebastien Borget, co-founder of the metaverse platform The Sandbox. This support underscores the fund’s credibility and signals growing confidence in crypto investments despite recent market challenges.

Dedicated to crypto infrastructure, Equilibrium Ventures emphasizes rigorous technical due diligence and value addition for pre-seed and seed engineering firms. With a network of about 70 blockchain engineers, mainly based in Europe, the fund is well-positioned to help startups develop robust blockchain technologies.

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The renewed interest in venture capital investment in blockchain, bolstered by evolving regulatory landscapes in the US and Europe, is expected to increase investor confidence in the crypto sector. Equilibrium Ventures, with its technical expertise and strategic support, is poised to become a significant player in Europe’s crypto venture scene.

Looking ahead, Equilibrium Ventures aims for a second close by the end of this summer, targeting 80% of the total fund. This progress indicates strong momentum and the potential for significant contributions to the European blockchain ecosystem.

Source: arcticstartup.com

The post New seed-stage VC fund from Finland secures €6 million in initial close for €30 million blockchain fund appeared first on HIPTHER Alerts.

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Blockchain

Riot Platforms Acquires 14% Stake in Bitfarms Ltd.

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Riot Platforms, Inc. has announced its acquisition of a 14% stake in Bitfarms Ltd., as detailed in a recent press release by Riot Platforms. This move aligns with Riot’s strategy to influence corporate governance within Bitfarms.

Acquisition Details

On June 13, 2024, Riot Platforms purchased 1,432,063 common shares of Bitfarms Ltd., representing about 0.35% of Bitfarms’ issued and outstanding common shares. The shares were bought on the Nasdaq Stock Market and other open markets at an average price of approximately $2.70 per share, totaling $3,870,293.46.

Before this acquisition, Riot held 56,194,973 common shares of Bitfarms, equating to 13.65% ownership. With the new shares, Riot now holds 57,627,036 common shares, resulting in a 14% stake in Bitfarms.

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Strategic Intentions

Riot Platforms intends to call a special meeting of Bitfarms’ shareholders to nominate several independent directors to the board, citing concerns over Bitfarms’ corporate governance. Riot seeks to influence Bitfarms’ strategic direction and enhance its governance standards.

Riot is continuously reviewing its investment in Bitfarms and may adjust its position based on factors such as market conditions and the company’s financial status. Potential actions include increasing or decreasing its stake, entering into hedging transactions, or proposing additional strategic measures.

Forward-Looking Statements

The press release includes forward-looking statements subject to risks and uncertainties, reflecting Riot’s current expectations and assumptions. Riot cautions investors to consider these risks before making investment decisions.

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Riot’s vision is to become the leading Bitcoin-driven infrastructure platform, focusing on a vertically integrated strategy with Bitcoin mining operations in Texas and electrical switchgear engineering in Colorado.

Source: blockchain.news

The post Riot Platforms Acquires 14% Stake in Bitfarms Ltd. appeared first on HIPTHER Alerts.

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Blockchain

Manta Foundation Unveils $50M EcoFund to Foster Blockchain Innovation

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The Manta Foundation has launched its $50 million EcoFund to build a robust ecosystem for leading blockchain projects, as per Manta Network. This initiative demonstrates the foundation’s commitment to funding opportunities and developer support for innovative blockchain ventures.

Funding and Support Opportunities
Starting June 15th, the one-year EcoFund will offer significant financial support through its Ecosystem Grant Program, which provides early-stage projects with grants of up to $50,000. This initial funding is crucial for bringing innovative ideas to life.

Additionally, the EcoFund dedicates $35 million for direct investments in promising projects on the Manta Network. These strategic investments aim to foster high-growth ventures that align with Manta Network’s long-term objectives, promoting a collaborative and mutually beneficial environment.

Diverse Project Focus
The Manta Foundation supports a broad range of projects across sectors such as DeFi, Gaming, NFTs, and more. These initiatives are chosen for their potential to drive consumer adoption and significantly enhance the Manta Network ecosystem.

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Applications for the EcoFund are accepted on a rolling basis, ensuring ongoing funding and support opportunities. The foundation prioritizes projects with robust business models and scalability, aiming to ensure the ecosystem’s financial health and sustainability.

Specialized Funding Categories

In addition to general grants, the EcoFund targets specific high-growth areas:

– AI/DePIN: Focused on using AI and Decentralized Physical Infrastructure Networks for sustainable solutions.
– Zero-Knowledge: Investments in zero-knowledge technology to boost privacy and security in the blockchain space.
– Memecoins: The Moon Mission Grant supports the development and growth of meme projects on Manta Pacific, fostering a vibrant memecoin culture.

Events and Hackathons
To further enrich the ecosystem, the Manta Foundation has allocated $5 million for online and offline events and hackathons. These events aim to attract new developers and users, fostering a culture of innovation and collaboration within the Manta Network community.

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Source: blockchain.news

The post Manta Foundation Unveils $50M EcoFund to Foster Blockchain Innovation appeared first on HIPTHER Alerts.

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