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Blockchain

Kryptomon Auctions a Unique NFT Valued at $25k with a Starting Price of $5 on Tofu Marketplace

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Rome, Italy–(Newsfile Corp. – October 28, 2021) – Kryptomon is proud to announce partnering with tofuNFT. Following the success of their 300,000 $KMON Airdrop Hatching Day Celebration event launched on the company’s

Kryptomon Roadmap

Version 1 is set for a November 2021 launch, bringing Tamagotchi like functionality to the Kryptomon world. Players will be able to start caring for and training their Kryptomons (which will increase their value) in preparation for the breeding and battling mechanics that will be released in January and Q1 of 2022 respectively.

The Simplex integration in December 2021 will allow players to easily purchase $KMON (the in game currency) with a debit/credit card, bypassing the usual complex 10 step processes common to the GameFi industry today. This is a huge win for the Kryptomon team and along with the game releasing a mobile version in Q2 of 2022, is expected to catapult Kryptomon to fame by drastically reducing the complexity of onboarding mainstream, casual gamers.

Gaming Partnership

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A final update of particular importance is a gaming partnership that the Kryptomon team have teased for a while now. A top tier player in the gaming industry has reportedly joined the Kryptomon team as an investor and official advisor, further bolstering the wide range of skills and experience available to the team.

The name of the new advisor has yet to be announced however, so do tune into their social media channels to ensure you receive the latest updates as soon as they’re released.

About Kryptomon

Kryptomon is a highly anticipated Play To Earn crypto NFT game that runs on the Binance Smart Chain (BSC). Kryptomon will be a much more appealing option to mainstream players due to it’s low gas fees, unlike other platforms that charge higher fees for transactions. Community members play as ‘Trainers’ of their own individual monsters – Kryptomons – each of which is a completely unique digital asset connected to an NFT. Each has a unique but mutable genetic code (genotype) that determines all of the aspects – physical and behavioral – of the creature.

In short – think Pokémon meets CryptoKitties and Tamagotchi.

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KMON tokens will be used by Kryptomon Trainers for a variety of different reasons within the Kryptomon world, ranging from breeding their creatures, to buying items and power-ups within the game itself.

Social links:

Telegram: https://t.me/kryptomonofficial
Twitter: https://twitter.com/KryptomonTeam
Facebook: https://www.facebook.com/KryptomonTeam
Discord: https://discord.com/invite/hYRjSfsWXt

Media Contact –
Contact: Tomer Warschauer Nuni
Position: Chief Marketing Officer
Mail: [email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/101194

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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

LCT Secures VARA In-Principle Approval, Defining Its Role in Dubai’s Crypto Landscape

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Blockchain

Bybit One-Click Buy Offers a Winning Chance in First-Time Deposits Lucky Draws

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Blockchain

Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)

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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.

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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.

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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

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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:

  1. Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
  2. Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
  3. Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
  4. Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
  5. 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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