Blockchain
Dogelon Community Joins Bitrise Coin
New York, New York–(Newsfile Corp. – November 13, 2021) – Dogelon community joins Bitrise coin. Dogelon Mars is a micro-cryptocurrency built on the Ethereum blockchain. It is a cryptocurrency project working to become the first interplanetary currency. The native coin for the Dogelon platform is Elon and was launched on 23rd April 2021. The nature of the Dogelon crypto coin will be the most discussed topic. This is because Dogelon does not fall in the meme crypto category since the team says it will be an evolving project.
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Like other crypto coins, the Dogelon community will be looking forward to good returns. This means Dogelon has to compete with other crypto projects. In the recent past, Dogelon has been compared with emerging crypto coins that will be tough competitors. One of the coins competing with Dogelon is Bitrise, a new coin that is mooning and exciting the crypto community. Bitrise coins launched on 28th July 2021, two months after Dogelon.
Bitrise coin is a DeFi protocol running on Binance Smart Chain, while Dogelon has not been defined as Defi. The team behind Bitrise project is developing a disruptive decentralised financial system. Dogelon so far has not developed a payment system.
Unlike Dogelon, Bitrise platform will be making a real impact on society. The Bitrise has laid out a roadmap on how this will be achieved. Dogelon still has no whitepaper on its page. There is also no roadmap on the Dogelon main website.
According to the Bitrise team, the coin has been receiving thousands of new members from other crypto communities, and Dogelon is one of them. Bitrise is developing the biggest DeFi protocol, which is appealing to the Dogelon community.
Both Bitrise and Dogelon tokenomics are different. Bitrise burned 50% of quadrillion tokens in supply upon launching, just like Dogelon.The remaining 50% of Dogelon tokens is permanently locked in the Uniswap liquidity pool. Unlike Dogelon, the remaining 50% of Bitrise tokens, only 38% goes to the liquidity pool, unlike 50% of Dogelon quadrillion tokens. Therefore, Bitrise tokens will create higher demand than Dogelon because of the smaller number in the pool.
Bitrise is a hyper-deflationary token, a factor that is appealing to the Dogelon community. Bitrise will have tokens in the pool bought back and burned automatically using a buyback contract, while Dogelon is yet to provide buyback and burning details.
Bitrise investors are rewarded for holding the token, which is not happening at Dogelon. For holding Bitrise tokens, users will get a share of the tax charged on every token sold in BNBs. This is not happening at Dogelon. The Dogelon website has no info on token-holding rewards.
The Bitrise team announced the start of the staking process before the Dogelon team. According to the Bitrise team, after the staking announcement, there was a rise in Dogelon community members joining Bitrise. Dogelon still hasn’t developed its staking program for Dogelon token holders.
Utilities
Bitrise will soon launch more utilities, including community members’ passive income from staking. The team says it is expecting more Dogelon members to join before the launch of the staking program.
Bitrise has done a lot in developing its DeFi protocol and is now attracting the Dogelon community. Therefore, there might be more Dogelon community members joining Bitrise.
Media Contact
John K
Email: [email protected]
Website: https://www.bitrisetoken.com
Telegram: https://t.me/bitrisetoken
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/103428
Blockchain
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Blockchain
Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users
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Blockchain
Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)
Building Customer Trust in AI with Blockchain
Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.
Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.
Source: Harvard Business Review
Blockchain at a Crossroads: Balancing Promise and Peril
As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.
The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.
Source: Cointelegraph
BRICS vs. USD: Blockchain’s Role in Economic Shifts
The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.
This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.
Source: CoinGeek
Hungri Games Expands MetaHorse Unity to Base Blockchain
Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.
By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.
Source: CoinTrust
Nano Labs Purchases Trump Tokens to Celebrate Presidency
Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.
The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.
Source: PRNewswire
Final Thoughts: Blockchain’s Expanding Horizons
This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.
While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.
The post Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity) appeared first on News, Events, Advertising Options.
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