Blockchain
Elonagotchi Launches NFT Token Built on the BSC Blockchain, Aims to Merge Retro Tamagotchi Game
Toronto, Ontario–(Newsfile Corp. – November 10, 2021) –
Figure 1: Elonagotchi launches NFT token built on the BSC Blockchain, aims to merge retro Tamagotchi game
The Story of the Game
Elonagotchi centers on the main character, Elon, who has used neural ink to import his mind into his favorite childhood game as a joke to the world. Unfortunately for him, he’s now trapped and unable to find his way out. His only chance of escaping is to get to his moon base, Space XM, where his best technology is hidden away.
The Mission for Gamers
Your mission as a gamer is to save Elon. To do this, you play and win tokens based off your Elon score. Play hard, earn harder. Competitive play will offer chances to win special Elonagotchi NFTs.
The Team Vision
The Elonagotchi team is passionate about the project and is raising funds to complete game development and create a thriving ecosystem that brings back the nostalgia of the 1990s in the exciting new era of cryptocurrency. The team is dedicated to solving the issue of low rewards for holders, through injecting the profits using real-world techniques used by successful businesses every day.
Giving Back to the Community
Elonagotchi profits in multiple ways in various currencies. It doesn’t discriminate when it comes to payment.
All profits go back into the token, increasing the market cap even by non-cryptocurrency holders such as fear app Stor monetization. This is done to broaden the reach of people able to contribute to the token, increasing the amount of money going into crypto even when people do not participate in crypto market.
Due to profit injections, reflections act as a dividend to the holder in the form of BUSD reflections at 8% of all transactions. These reflections are dispersed amongst Elonagotchi holders; they do not go to any contracted wallet.
DAO governs the business wallet, ensuring the wallet cannot be used for nefarious reasons and allowing holders to plan.
About Elonagotchi
Elonagotchi is a gaming / NFT token built on the BSC blockchain aiming to merge retro Tamagotchi game. Play to earn is a new fun way to earn a passive income stream while having a good time.
Social Media Handles:
Twitter: https://twitter.com/elonagotchi
Facebook: https://facebook.com/Elonagotchi-111241931339549
Telegram: https://t.me/elonagotchi
Reddit: https://reddit.com/r/Elonagotchi/
Media Details
Company Name: Elonagotchi
Email: [email protected]
Website: https://www.elonagotchi.com/
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/102880
Blockchain
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Blockchain
Elizabeth Warren Urges Treasury Secretary Yellen to Implement Strong AML/CFT Measures for Stablecoins
In a recent communication directed to Treasury Secretary Janet Yellen, US Senator Elizabeth Warren has strongly advocated for the incorporation of robust Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) measures specifically tailored for stablecoins. Senator Warren’s correspondence underscores the critical importance of adopting the full array of AML tools outlined by the Treasury Department in a prior November 2023 communication to Congress.
Senator Warren has underscored the burgeoning threat posed by cryptocurrencies, particularly stablecoins, to national security. She has specifically drawn attention to instances where entities like Iran and Hamas have turned to cryptocurrencies as a means to raise funds and support terrorist activities. To effectively address this evolving threat landscape, Senator Warren asserts that any forthcoming crypto legislation must encompass comprehensive AML/CFT authorities as requested by the Treasury Department.
Moreover, Senator Warren has made reference to the testimony provided by Deputy Secretary Adewale O. ‘Wally’ Adeyemo before the Senate Committee on Banking, Housing, and Urban Affairs. In this testimony, Adeyemo emphasized the critical need for additional AML authorities to combat the growing menace posed by cryptocurrencies. Senator Warren has pointed out that the exclusion of crucial actors within the digital asset ecosystem, such as miners and validators, from AML/CFT requirements could potentially enable nefarious actors to exploit the increased crypto trading facilitated by stablecoin legislation.
Senator Warren’s steadfast stance on the regulation and oversight of cryptocurrencies is aligned with her prior efforts aimed at curbing illicit activities and safeguarding consumers, the financial system, and national security interests. She has persistently advocated for the closure of loopholes in AML regulations that allow sanctioned entities like Iran to derive revenue through crypto transactions. Furthermore, Senator Warren has consistently voiced concerns regarding the exploitation of cryptocurrencies in terrorist financing schemes and has called for the implementation of stronger regulatory frameworks to protect both consumers and national security interests within the realm of stablecoin-related legislation.
Source: blockchain.news
The post Elizabeth Warren Urges Treasury Secretary Yellen to Implement Strong AML/CFT Measures for Stablecoins appeared first on HIPTHER Alerts.
Blockchain
Binance Launches Megadrop: A Token Launch Platform with Airdrops and Web3 Quests
Binance has rolled out Binance Megadrop, a novel token launch platform that blends airdrops with Web3 quests. This platform enables users to engage in BNB Locked Products subscriptions and complete tasks within their Web3 Wallet to earn early rewards from chosen Web3 projects, even before their tokens hit the Binance Exchange.
The inaugural project featured on Binance Megadrop is BounceBit (BB), a BTC restaking chain. Here are the token specifics for BounceBit: Max Token Supply: 2,100,000,000 BB, Megadrop Token Rewards: 168,000,000 BB (8% of max token supply), Initial Circulating Supply: 409,500,000 BB (19.5% of max token supply).
To kickstart their journey with Binance Megadrop, users must log into their Binance account and ensure they possess an active Binance Web3 Wallet. From there, they can subscribe to BNB Locked Products and/or fulfill Web3 Quests to accumulate scores. These scores dictate the rewards received through the Megadrop program.
The scoring mechanism for Megadrop relies on the Locked BNB Score, determined by the quantity of BNB subscribed and the subscription period’s duration. Users also earn a Web3 Quest Bonus and a Web3 Quest Multiplier upon completion of designated Web3 Quests. The total score is computed by applying the Web3 Quest Multiplier to the Locked BNB Score and adding the Web3 Quest Bonus.
Importantly, only wallets created within the Binance Web3 Wallet and not external wallets will count towards Megadrop participation. Megadrop rewards will be airdropped to users’ Binance Spot Wallets.
Users must undergo identity verification and maintain at least one active Binance Web3 Wallet to qualify for Megadrop rewards. Additionally, certain jurisdiction-based eligibility criteria apply. Users from Australia, Canada, Cuba, Crimea Region, Hong Kong, Iran, Japan, New Zealand, Netherlands, North Korea, Russia, Singapore, Syria, United Kingdom, United States of America, and its territories are presently ineligible to participate in BB Megadrop.
Binance Megadrop is aimed at offering users an interactive and rewarding experience within the crypto realm. Further details regarding the Megadrop amount, Web3 Quests, and the comprehensive listing plan will be disclosed separately.
Source: blockchain.news
The post Binance Launches Megadrop: A Token Launch Platform with Airdrops and Web3 Quests appeared first on HIPTHER Alerts.
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