Blockchain
Liquid Craft Dragons & Bourbon NFT Series Goes Live
Windsor, Colorado–(Newsfile Corp. – November 23, 2021) – Liquid Craft – a new project merging traditional liquor investing with blockchain technology through physical asset backing of NFTs – has successfully launched the public sale of their Dragons & Bourbon liquid art series, having gone live at 12PM PST today.
Liquid Craft Liquor-Backed NFTs Live Now for Whitelisted
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The innovative proposal comprises NFTs acting as an ownership authentication for physical assets – in this case bottles of liquor starting with bourbon for the first release. The upcoming marketplace will house all exclusive releases from crafters around the world, including fine wines, spirits, and beers, for investors to buy, sell, and trade their collectible bottles on an international level.
MINTING PAGE: https://mint.liquidcraft.io/
The Dragons & Bourbon NFT series – Liquid Craft’s First
Dragons & Bourbon is the first NFT series – a collaboration between Liquid Craft and The Heart Distillery – an award winning distiller based in Windsor, Colorado. The owner of the distiller Zach Weakland is also the head of Liquid Craft, bringing first-hand experience of the liquor industry to the project – a passionate attribute usually associated with the success of a new innovation.
The 1500 exclusive small-batch bottles of bourbon are being sourced from this distiller, and with the release being split in two tiers – 750 on each – there will be two distinctive bottles of bourbon for these tiers. The Ethereum Network tier will have a typical rounded bottle with 123 proof cask strength, and the Binance Smart Chain tier will have a square-shaped bottle, with 100 proof cask strength. Both bottles will have a unique taste to each batch of 750 using homegrown and locally sourced ingredients to create their premium bourbon, which will only be exclusively available during the Liquid Craft launch.
The NFTs we’re released on Nov 20th at a cost of 0.2 ETH for Tier One, and 0.7 BNB for Tier Two – a small discount for whitelisted investors. The public launch will list at 0.22 ETH for Tier One, and 0.75 BNB.
Airdrops for First Buyers of the DNB Series
Any participant that purchases an NFT on any of the two tiers will be eligible for an airdrop of the native $CRAFT token – releasing in the near future. Depending on the tier purchased, the amount received will vary: up to 4500 tokens for the ETH tier, and up to 1500 for the BSC tier. The airdrop comes with additional benefits for purchasers; entry to future promotions, giveaways, as well as exclusive offers and discounts.
Blockchain Technology and the Traditional Liquor Industry
The revolutionary marketplace Liquid Craft aims to bring to liquor and crypto investors, will provide an improved way of purchasing and selling liquor internationally – by allowing an easy and secure process of backing NFTs with the bottles as a form of ownership authentication. The exclusive future releases will be available only on the Liquid Craft marketplace, and won’t be replicable, nor obtainable from anywhere else.
The proposal eliminates intermediary processes that exist in current liquor investing – by having the exclusive bottle stored at the supplier, unless harvested by the owner at the expense of the NFT representing it. By leaving the bottle untouched, it greatly reduces any possible damages that come with international shipment of fragile goods. If a harvest is requested, the NFT is removed from the supply permanently, and the bottle is sent to the owner – as the art piece no longer exists, the bottle cannot be traded on the Liquid Craft marketplace, or any secondary market.
The Public Launch and Future of Liquid Craft
The public launch of the Dragons & Bourbon NFT went live earlier today, with the $CRAFT token launch and the marketplace proposition the next steps on the roadmap. The project reach and community will be significantly extended in line with increased marketing plans.
Liquid Craft have partnered with leading crypto marketing agency – Coinpresso – who are using full-stack digital marketing strategies through SEO, Content Marketing, and Social Media Marketing. The marketplace offering is where these efforts are synergised and the utility of $CRAFT is brought to life.
The innovation presents an opportunity for the traditional liquor industry to make use of evolving blockchain technology, to better both markets. By using NFTs with tangible value through their physical asset backing, it increases the appeal and security of two huge markets that are currently captivating a large portion of the world cash flow. The liquor market relies heavily on international tourism, which has been seen at record lows – the project offers a lifeline to businesses that have struggled with this crisis, and can better suit crafters for any future events.
Minting Page: https://mint.liquidcraft.io/
Twitter: https://twitter.com/CraftLiquid
Telegram: https://t.me/Liquid_craft
Media Contact:
Andreas Costa
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/104938
Blockchain
Supply Chain Finance Market Forecast to Reach $9.4 Billion by 2029: Increasing Emphasis on Sustainable Sourcing
Global Supply Chain Finance Market
Blockchain
Web3 Startups Raise Nearly $1.9B in Q1 2024 Despite Overall Downtrend in Crypto VC Interest
Venture capital funding for cryptocurrency and blockchain projects has seen a notable resurgence in the first quarter of 2024, marking its first quarterly rise since 2021. Crunchbase data released today indicates that Web3 startups secured nearly $1.9 billion in funding across 346 deals during this period. This represents a substantial 58% increase from the previous quarter, offering a glimmer of hope amidst the ongoing downward trend in overall crypto VC interest.
The recent surge in funding can be attributed to investors adopting a more long-term perspective on Web3, as opposed to the hype-driven “tourist investors” predominant in recent years. Chris Metinko, the author of the report, notes that investors are shifting their focus to the AI sector, indicating a change in investment strategy. There is a growing interest in supporting the foundational infrastructure of the decentralized internet, rather than solely concentrating on crypto wallets and lending platforms, which attracted significant investments during the peak period of 2021 to 2022.
While large funding rounds were relatively uncommon in Q1, several notable investments stood out. Exohood Labs, a company integrating AI, quantum computing, and blockchain, secured a remarkable $112 million seed round at a valuation of $1.4 billion. EigenLabs, an Ether token “restaking” platform, raised $100 million in a Series B round led by a16z crypto. Additionally, Freechat, a decentralized social network leveraging blockchain technology, secured $80 million in a Series A round. These investments, among others, contributed to the increase in valuations and the emergence of four new Web3 unicorns in Q1.
Despite the recent progress, the future trajectory of Web3 remains uncertain. Metinko suggests that the next few quarters will be pivotal in determining the industry’s direction. While investors anticipate a rebound in investment as the decentralized internet evolves, it may take another year for venture capital activity to stabilize after the exuberance of 2021. Factors such as the approval of U.S. spot Bitcoin exchange-traded funds and the upcoming Bitcoin halving could also influence the market, given the rising prices of Bitcoin and Ether.
A noteworthy example of significant funding in the Web3 space is Monad Labs’ recent successful funding round, which secured $225 million led by Paradigm. Monad Labs is a layer-1 blockchain compatible with Ethereum, offering faster transaction processing. This funding round harkens back to the golden era of crypto funding in 2021-2022, when L1 solutions attracted substantial investments.
Earlier this year, Balance, a digital asset custodian based in Canada, announced that it had once again reached $2 billion in assets under custody (AUC) amidst the recent market recovery. Similarly, Korea Digital Asset (KODA), the largest institutional crypto custody service in South Korea, has experienced remarkable growth in crypto assets under its custody, expanding by nearly 248% in the second half of 2023.
Analysts at Bernstein Research project that crypto funds could reach an impressive $500 billion to $650 billion within the next five years, representing a significant leap from the current valuation of approximately $50 billion. This forecast underscores the growing optimism and potential for substantial growth within the crypto industry in the coming years.
Source: cryptonews.com
The post Web3 Startups Raise Nearly $1.9B in Q1 2024 Despite Overall Downtrend in Crypto VC Interest appeared first on HIPTHER Alerts.
Blockchain
ASIC cracks down on blockchain mining firms
Three blockchain mining companies – NGS Crypto, NGS Digital, and NGS Group – along with their directors, Brett Mendham, Ryan Brown, and Mark Ten Caten, are facing legal action from the Australian Securities and Investments Commission (ASIC) for allegedly operating without a license, in violation of Australia’s Corporations Act. ASIC initiated legal proceedings against these entities on April 9, citing concerns about their non-compliance with financial regulations and their solicitation of Australian investors.
According to ASIC, the NGS companies promoted blockchain mining packages with fixed-rate returns to Australian investors, encouraging the transfer of funds from regulated superannuation funds to self-managed superannuation funds (SMSFs) for conversion into cryptocurrency. Approximately 450 Australians invested a total of around USD 41 million in these packages, raising concerns about potential financial losses.
The legal action filed by ASIC alleges that the companies violated section 911A of the Corporations Act, which prohibits companies from providing financial services without a valid Australian Financial Services Licence (AFSL). ASIC is seeking interim and final court orders to prohibit the NGS companies from offering financial services in Australia without an AFSL.
ASIC Chair Joe Longo emphasized the importance of investors carefully considering the risks before investing in crypto-related products through their SMSFs. Longo stated that ASIC’s actions send a message to the crypto industry about the regulator’s commitment to ensuring compliance with regulations and protecting consumers.
In a separate development, the Federal Court appointed receivers for the digital currency assets associated with the NGS companies and their directors to safeguard these assets amid concerns about the risk of dissipation. Mendham was also issued a travel restriction order, preventing him from leaving Australia.
While a court date for the proceedings has not been set, ASIC’s investigation is ongoing, with the regulator continuing to gather evidence and build its case. It is worth noting that the investigated companies share a similar name with NGS Super, a legitimate Australian pensions provider, leading to potential confusion among investors. NGS Super clarified that it is not involved in selling cryptocurrency or related products and has taken legal action to protect its trademark and members’ interests.
Source: iclg.com
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