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