Blockchain
Introducing SIMP – Token for the Entertainment Industry
Cape Coral, Florida–(Newsfile Corp. – December 13, 2021) – Introducing SIMP – Token for the Entertainment Industry. $SIMP, the no.1 token serving the entertainment industry, as a first mover in the current entertainment market, $SIMP provides a unique experience and platform stability for creators and consumers alike, reinstating the freedom to excite and entertain within a social setting without interference from outside institutions.
Figure 1: Introducing SIMP – Token for the Entertainment Industry
To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/8378/107486_capture.jpg
NO MORE EXTORTIONATE PROCESSING FEES
$SIMP operates on the blockchain thus providing anonymity to the transactions happening between the bank and content creators, this is realized by separating the bank and the content creator by a bridging $SIMP purchase which means that there is no perceived “Reputation Loss”, therefore reducing the fees drastically, additionally, the blockchain is naturally cheaper than the banking ledger system and thus reducing the transaction fees.
NO MORE FRIENDLY FRAUDS
All the transactions are operated on the blockchain and the nature of blockchain technology is such that no $SIMP transaction can take place without the user expressly signing off on the transaction before it takes place. Not only that, every transaction made in $SIMP is anonymous, even if a user uses their credit card to buy $SIMP, the only payment that will be recorded by a financial institution is the purchase made through the cryptocurrency exchange.
Once the tokens are transferred into a DeFi wallet, say Metamask, they are no longer tracked to your personal information, making $SIMP the most reliable way for the users to enjoy content while fully protecting their right to privacy.
$SIMP delivers what the entertainment industry desperately needs – a safe anonymous and secure payment method that enables the creators to earn a living on fair terms, and for fans to be able to enjoy their content without sacrificing their right to privacy.
$SIMP has been integrated with two functional content platforms: Pocketstars and Rockstars as an active payment method, with over 20,000 holders $SIMP is already listed on the Top-40 centralized crypto exchange- BitMart, which receives an average of $400 million in daily volume. In a short span of 8 weeks, $SIMP has accomplished huge milestones as well as partnerships with Slink: Your digital Business Card, Phreak, and last but not limited to XXXNifty which is the world’s largest adult NFT marketplace.
THE CORE TEAM
The Team behind $SIMP is a group of highly dedicated, talented, and skilled professionals that have plans ready to take this project to a $150 million value in market capitalization and beyond. The current team consists of:
Ben Sansom: Ben has worked with some of the biggest names in corporate, sports, and entertainment, boasting a marketing career spanning over 8 years, with a current focus on supporting the founders to develop and launch explosive projects.
James Hague: James is a qualified accountant with a background spanning numerous industries including Commodities, Gaming, and High-end Sportscars. James established a strong network in his career while working with some of the highest-performing McKinsey Consultants within Transformational departments.
Thomas Sileghem: Thomas has 7 years of experience in Web & Software Development apart from being involved in blockchain development for over 6 years, Thomas was responsible for building PocketStars & RocketStars and has taken charge of the integration of $SIMP onto both the platforms.
Poppy Evans: Poppy has a following of over 100,000 within the industry in just 2 years, she is incredibly passionate about securing the future of fellow creators and the industry. Poppy has worked with some of the biggest names in the United Kingdom. The rest of the team believes that her passion will drive $SIMP in the right direction for the community.
EXPANDING THE $SIMP BRAND
Increasing awareness of the brand potential and expanding list of use-cases through marketing, partnerships, and community outreach is one of the prime goals of the team at the moment, they understand that in order to cement themselves as a cornerstone of this industry they need to work with strong partners hence they continue to forge long-lasting partnerships by promoting mutual beneficiary alliances in order to instate $SIMP as the hallmark of reliability in the enterprise.
A word from their current partners:
SLINK: “Many PocketStars content creators were already using the Slink Platform, so it only seemed like a natural progression to build and develop our partnership with $SIMP. For the future, deeper integrations between ourselves will see $SIMP being pushed to our mainstream users as a simple and reliable payment service.”
PHREAK: “We are delighted to be partnering with $SIMP, bringing more pleasure to a wider Phreak community. We’ve worked with PocketStars creators several times before, so it was important for us to support and help them with the amazing work they’re doing, but also important to how these guys see the world and how much they care about providing quality products and services.”
XXXNIFTY: “We’ve known Ben for some time now, and felt the time is now right to team up; after all, two heads are better than one. Partnering with $SIMP is a real show of force to our competitors, and allows us to both our knowledge bases, and exchange in technical capital to reach our goals. I can’t wait to unveil our plans.”
EMPOWERING PAYMENT PROCESSING SOLUTIONS
Continuously improving the payment processing solution and simultaneously increasing $SIMP’s adoption rate by educating users/creators across the platforms will make this project a huge success in the entertainment industry. In addition to a strong head-start on their use-case cultivation, $SIMP possesses both capital and insider knowledge that is unmatched by any other in the industry.
$Simp/USD toggle: Empowering the creators by implementing a sliding scale that splits earnings between USD and $SIMP at a percentage chosen by the creators.
UI improvements: They are streamlining the website’s UI to make purchasing, depositing, staking, and moving $SIMP tokens as simple and intuitive as possible for the user.
On-ramp: Allows the use of credit cards to purchase $SIMP directly and discretely through the user’s platform of choice.
INCREASING TOKEN ACCESSIBILITY
With over 20,000 holders, $SIMP is now preparing to knock down the barrier between them and their potential buyers. It is difficult to purchase cryptocurrency in the DeFi space as it comes with a learning curve and understanding a set of different tools utilized in the process. This can be skipped by being listed on centralized exchanges. $SIMP is already listed on BitMart and along with that the team is in the process of finalizing the details with 4 more centralized exchanges and aims to acquire new listings at least once a month.
The ON-RAMP integration will enable people who don’t invest in crypto to buy their $SIMP using their credit cards directly from the native platform thus opening doors for waves of investors that the project wasn’t able to access before.
PIONEERING NEW MARKETS:
The team has been cautious in maintaining an ethos of “Under-Promise and Over-Deliver,” Powered by their payment processor, and utilizing the experience and expertise from xxxNIFTY, $SIMP is developing a state of the art easy to use NFT marketplace. They aim to leverage the PocketStars brand to create NFTs tied to real-life creators, underpinned by collectability mechanics and gamification to drive truly unique value. They are also working on Metaverse compatible NFT skins and characters about which more will be heard in future updates.
TOKENOMICS
The token is subjected to a tax of 7.5% on every transaction out of which 3 percent goes to the marketing wallet and 4.5% percent to provide reflection rewards to the holders.
STAKING IMMINENT
Apart from rewards in reflections, $SIMP holders will be able to reap even greater rewards through staking their tokens. The team is working on developing a fully decentralized Staking UI. With staking, $SIMP holders will be able to receive compound interest on their tokens by adding them to a staking pool as means of helping to facilitate block confirmation protocols.
Important Links:
Website: www.letsallsimp.com
Telegram : https://t.me/letsallsimp
Twitter: @letsallsimp
Instagram: @letsallsimp
Email : [email protected]
PR Contact –
Dave Ruiz
[email protected]
https://telegram.me/cryptokidfinance
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.
Blockchain
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