Blockchain
Harmonized App: The DeFi Platform That Aims to Revolutionize the Crypto Industry
New York, New York–(Newsfile Corp. – November 19, 2021) – The Harmonized app team is pleased to announce the release of a decentralized ecosystem consisting of well-packaged decentralized applications and financial services on its website.
The team is building on the successful presale of its Harmonized native token ($HMZ) which was hosted on PinkSale and the public launch of the native token on PancakeSwap on November 15 and 16 respectively.
The successful presale and launch saw the token’s initial market of approximately $600,000 hitting approximately $9 million within an hour. In less than 24 hours later, it was listed on CoinGecko.
Harmonized App Product Review
The Harmonized App ecosystem contains several decentralized financial applications and features such as a cryptocurrency interest/yield optimizer, a decentralized exchange (DEX) aggregator, a native token, a project yield farm creator / hosting service, and a staking portal.
According to the team, the Harmonized DEX aggregator is less expensive than most others and offers comprehensive coverage of notable decentralized exchanges, unlike its competitors that often miss out on other liquidity and DEX pools.
The Harmonized App solves some of the major challenges in the Decentralized Financial (DeFi) sector by supporting the major DEXs such as ApeSwap, PancakeSwap LPs, WagyuSwap, BakerySwap, and other certified players on the Binance Smart Chain.
Another important feature is the Yield Optimizer that allows users to earn the best interest across all protocols. The Harmonized team plans to “incorporate a cross-protocol yield optimizer where users can simply connect their MetaMask (and other) wallets to the Harmonized web application to instantly discover the highest annual percentage rate (APR) based on the tokens they are currently holding in their wallets.”
The team is working around the clock to position the Harmonized App as the leading decentralized exchange aggregator and yield optimizer on the Binance Smart Chain with plans in place to work on multiple chains such as Polygon, Ethereum, Fantom, and a host of other Layer- 1 and Layer-2 blockchain-based networks.
Accomplished Milestones
Within 48 hours of its launching, the Harmonized team reached some milestones. For instance, its Telegram group grew to 16k active members, filling the project presale instantly. It also reached the specified $330,000 or 580 BNB hard cap within a couple of seconds of the presale.
Just a couple of hours after it was launched on PancakeSwap, the token trended on several cryptocurrency forums, subsequently getting listed on CoinGecko.
More so, about a quarter of the raised funds (approximately $250,000 or 435 BNB) were injected back into the Liquidity Pool as a mitigating measure against price fluctuation.
The team also enabled staking of its token shortly after launch to allow token holders to earn passive income by locking their $HMZ token up.
Partnership with OnBlock
The Harmonized team is also excited to announce its partnership with OnBlock, a marketing company that has previously handled several large cryptocurrency projects to oversee some marketing areas such as influencer engagement, advertising, future AMAs, and celebrity endorsements.
Yield farming
Soon the Yield Optimizer will be released on the Harmonized App staking/farming portal to allow users to find the hottest farms and pools with the highest APYs, all being auto compounded by the Harmonized tech.
Partnerships
The team has also established many contracts, partnerships, and collaborations to be announced shortly.
Among other things, the Harmonized Team is making plans to hire some of the best influencers, marketers, and campaigners in the blockchain and cryptocurrency field to assist it with promoting the Harmonized App and its other projects. That’s besides its promise to create and articles across multiple noteworthy multimedia platforms such as Medium and Yahoo Finance every week.
Participants can also look forward to a rewarding experience with the various affiliate contests, competitions, prizes, and contests the team will offer to “promote further engagement and build a stronger online community.”
Audit Reports:
https://dessertswap.finance/audits/Harmonized%20App%20BSC%20Audit%2012175509.pdf
https://www.certik.org/projects/harmonized
Social Media Handles:
Twitter: https://twitter.com/harmonizedapp
Telegram: https://t.me/harmonizedapp
Medium: https://medium.com/@HarmonizedApp
Media Details
Company Name: Harmonized
Contact Name: Fibonacci
Email: [email protected]
Website: http://www.harmonized.org/
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/104256
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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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