Blockchain
Serve Network Arrives In Style, With Introducing Its Token “SERVE”
Houston, Texas–(Newsfile Corp. – October 29, 2021) – The Serve Network has announced the launch of its cryptocurrency token, SERVE with aim at bring the much needed comfort for the people.
SERVE is the Metavice Network’s native token that is designed to generate Universal Basic Income (UBI) for people from all walks of life by developing a financial platform and decentralized services without an intermediary.
The Metavice Network
The Metavice Network, fueled by the native token SERVE, and built on the basis of smart contract platform secured and operated by everyday people, targets at developing decentralized serves (dSVs) and generating UBI.”
In a sharp contrast to cryptocurrency that raises awareness, Metavice is an experimental financial system for every Tom, Dick, and Harry, which is designed to adopt digital currency in line with the global trend.
Since 2020, the decentralized finance industry has witnessed massive growth. However, since most of them operate in a closed system, SERVE decided to develop a sustainable ecosystem, creating the foundation for an open system.
The decentralized solution offered by SERVE is classified into two.
- Decentralized Finance (DeFi) platform
The DeFi platform offers two opportunities: liquidity farming and staking. The team explained that users can deposit their liquidity on the Metavice Network and receive the SERVE token as a reward. Liquidity farming encourages liquidity provides to store their assets in the network.
Through staking, users can earn some extra SERVE rewards if they stake their assets on the Metavice Network.
- Decentralized Services (dSVs)
One of the most important benefits of cryptocurrency is decentralization – the elimination of third parties or intermediaries during transactions. The Metavice Network also focuses on developing decentralized services and allowing users to earn UBI while taking parts in the services it created.
Through decentralized advertising, the Network has continued to introduce functionalities that allow advertisers to engage in direct advertising without engaging intermediaries. When an advertising project is completed, the advertiser will pay the protocol directly.
The Network also supports the creation of specific tasks for an individual and reviews the task when it is completed. Users who complete their tasks receive SERVE as a reward.
Universal Basic Income
The Network has will also reveal further opportunities and services that will allow people around the globe to receive their Universal Basic Income.
The maximum token supply is 100,000,000 SERVE. 65% of the total supply will be vested in liquidity mining and pool staking while ecosystem funds such as liquidity and investment funds take 15%.
Community Operation takes 2.5% while 6.5% goes to partners & Advisor & Private Investor. Team & Development and Public Sale take 10% and 1% respectively.
The goals ahead
While intimating the cryptocurrency community with its plans, the team rolled out its roadmap which includes:
- Concept Development:
- The beginning of project research and planning.
- Conceptualization of the SERVE.
- Code development.
- SERVE Launch:
- Main contract deployment.
- DEX launch.
- Whitepaper VI release.
- Website and social media profiles.
- ServeSwap:
- Launching of the trading platform.
And much more, in order to make Serve Network, the finest creation EVER.
Social Media:
Twitter: https://twitter.com/MetaServeX
Telegram Group: https://t.me/MetaServeX
Telegram Channel: https://t.me/MetaServeXNews
Medium: https://metaservex.medium.com/
Github: https://github.com/MetaServeX
Media contact
Company: The Metavice Network
Contact Name: Metavice
E-mail: [email protected]
Website: https://serve.network/
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/101324
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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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