Blockchain
Boorio Announces Its Launch, Social Media & Gaming Apps
Tbilisi, Georgia–(Newsfile Corp. – October 28, 2021) – Boorio ($ORIO), a new cryptocurrency is pleased to announce its launch. It aims at allowing users to generate income through their suite of social applications on iOS and Android devices.
The concept of Boorio is to bring cryptocurrency to the masses and help onboard new users in a quick and easy way. While there are numerous strategies that an organization can use to increase the rate at which users adopt crypto, user familiarity is a sure way of speeding up this process.
Filling the gap between social media and gaming apps
Boorio provides the bridge between the familiar; the social media and gaming apps, and the new; cryptocurrency! The social media app was developed as a way to earn $ORIO coins whilst watching and interacting with videos posted on the app. Creators can also earn $ORIO coins when their videos receive likes and comments. The app gave the chance for people to earn whilst using social media.
Instacoin
The Instacoins app has been developed as a way for users to earn $ORIO tokens when they upload content to the app. The more videos a user posts and the more likes they get the more money they will earn. For each like a user receives on their videos they will earn $ORIO. If a user doesn’t want to create videos they can enjoy all the great content as they would for free on any other social media site.
Gaming Apps
Table fees will be distributed to the holders of the token which further incentivizes the holding of the token. There will be tables for different tokens that players can join e.g. There will be a $BTC Table, a $FIBO table and $ORIO table etc.
When a player sets up a table to play with others they will have to pay a small fee and small fees on each pot table. These fees will be collected and distributed weekly to Boorio Holders. Players can earn crypto with each win they have when playing the gaming app.
They are playing against each other and not the app, so this makes it much easier for players and for Boorio.
Value Proposition
The value proposition for holders of the $ORIO token is obvious as you will gain on two levels:
1. Capital appreciation of the token price as more users are on boarded and buy the tokens to play the apps
2. Rewards for holding $ORIO tokens and getting a percentage of the fees on the gaming apps and also a percentage of the 10% tax when new users buy the $ORIO token
Tax
Liquidity Pool: 5%
Automatic redistribution for FibSwap holders: 2%
Rewards for Boorio holders: 2%
Team & Marketing: 1%
Launched: 26th of October 2021
Media Contact –
Company: FibSWAP DEx / Boorio
Website: https://www.boorio.com
Telegram: https://t.me/booriosupport
Twitter: https://twitter.com/boorioofficial
E-mail: [email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/101143
bybit lucky
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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