Blockchain
Exponentials NFT – A Living Art Experiment on the Blockchain
London, United Kingdom–(Newsfile Corp. – November 16, 2021) –
Figure 1: Exponentials NFT – A Living Art Experiment on The Blockchain
The Concept Behind Exponentials
Reknown physicist, Albert Allen Bartlett regarded the “inability to understand the exponential function” as the greatest shortcoming of the human race.
Exponential growth can be observed in a wide range of areas that meaningfully impact lives on a personal as well as collective level. Phenomena such as compound interest and technological innovation and proliferation tend to be welcomed with open arms.
Other examples such as viral diseases, inflation, overpopulation and the exhaustion of natural resources tend to be received with overwhelming ignorance.
Infectious diseases
It was only at the start of the COVID-19 pandemic that researchers began to consider whether the bias might also influence the understanding of infectious diseases.
According to various epidemiological studies, without intervention the number of new COVID-19 cases doubles every three to four days, which prompted many scientists to advocate for rapid lockdowns to prevent the pandemic from spiraling out of control.
Survey Insights
Surveys show that the exponential growth bias was prevalent in people’s understanding of the virus’s spread, with most people vastly underestimating the rate of increase. More importantly, those beliefs were directly linked to the participants’ views on the best ways to contain the spread. The worse their estimates, the less likely they were to understand the need for social distancing: the exponential growth bias had made them complacent and/or skeptical in regards to the containment protocols.
Exponentials Functions
Exponentials utilizes a real-time burn mechanism that will burn all NFTs listed below the current price threshold on the Opensea market. The threshold will start at 0.1 ETH and continue to double every 24 hours (see burn schedule on exponentials.art). The burn mechanism will cease when there has been a 24 hour period in which there have been 0 secondary sales.
Exponentials will go on sale on November 19th at 00:00 UTC at a price of 0.1 ETH per NFT.
Social Media:
Twitter: https://twitter.com/exponentialsnft
Discord: https://discord.gg/MtFEzsCyNG
Media Details:
Company Name: Exponentials
Email: [email protected]
Website: https://exponentials.art
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/103823
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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.
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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