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TriumphX: A One-Stop Service for Digitalizing and Trading All Content as NFTs

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Dubai, United Arab Emirates–(Newsfile Corp. – December 21, 2021) – Non-fungible tokens, also known as NFTs, have caught widespread attention around the globe, making its market grow exponentially in recent years. As digital assets that contain unique identification information recorded in smart contracts, NFTs refer to tokenization of scarce goods on the blockchain with different values per token, unlike general digital assets that basically have no difference from one another.

Figure 1: TriumphX: A One-Stop Service for Digitalizing and Trading All Content as NFTs

While the NFT market is thriving, there are still lots of problems existing in it, and TriumphX project is here to provide solutions. Unlike most of the marketplaces that are independent and closed, the integrated cross-chain marketplace of TriumphX allows all blockchain-based NFTs in the world to be traded in one place, so that the market can be efficient and convenient. It also allows market participants to interact directly with the automated market maker to have high availability for liquidity to ensure that trading can be conducted with high liquidity. In addition, the need to pay high trading fee and commission to the intermediary is eliminated, and fees can be kept to a minimum through the TriumphX’s smart contracts.

TriumphX has collaborated with lots of content creators and publishers, and established strong partnerships with many advanced blockchain companies since its launch. It recently announced its partnership with The Sandbox platform to expand its business from the NFT platform to the metaverse, and also listed its native token TRIX on LBank Exchange the other day to further expand its global reach.

Two NFT Platforms: ENFTEE and Sole-X

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Stepping into the burgeoning NFT market, TriumphX operates two NFT platforms: ENFTEE.com and Sole-X.io. ENFTEE platform, which is developed based on Klaytn, provides a one-stop service for NFTs, from the discovery of creators, content development, to the NFT publishing, marketing, consulting, and sales, so that all content in the world can be transformed into digital assets. TriumphX is currently preparing sports category for the next series on ENFTEE platform, these sports NFT cards will not only contain famous scenes and profile photos of popular players but will also show the map metadata containing the players’ game records. ENFTEE contributes to expanding the diversity of NFTs, including digital art, exhibition video, webtoon, character, sports, entertainment and many more.

In addition, in preparation for the rapid growing NFT market on multiple blockchains at the same time, TriumphX also provides a cross-chain decentralized NFT marketplace named Sole-X, which is developed on Klaytn and uses a protocol based on Orbit Chain, so that NFTs based on chains other than Klaytn can be freely traded on it. Sole-X aims to integrate the market through continuous chain expansion and to support an optimal environment where users with low understanding of blockchain can easily access and transact with various NFTs between multiple chains.

From the standpoint of publishers, ENFTEE can promote projects more efficiently, and through Sole-X, NFT can increase the value and obtain viral effects. The two platforms supplement each other perfectly so that TriumphX can provide a one-stop service for digitalizing and trading all content as NFTs.

TRIX: The Utility Token

TRIX is the utility token of TriumphX project, it works as a currency for P2P transaction on the decentralized exchange, and can be used to pay for transaction fees. It can also be staked by game companies to enter into the TriumphX ecosystem for a share of profits made from transactions occurring on TriumphX marketplace. As for governance, it has the power of signaling and voting for changes to the TriumphX blockchain.

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All Sole-X users can stake TRIX tokens already deposited in Sole-X, these actions are utilized for the operation of the blockchain network, and users are rewarded in return. A 5% transaction fee is incurred per transaction for all that occurred on the Sole-X marketplace, and all such fees are accumulated in real time.

Besides obtaining TRIX token on official platform, investors who are interested in TriumphX investment can also trade it on digital asset exchanges that have already listed TRIX, such as LBank Exchange, where TRIX token is currently available for trading (tap to trade). And to celebrate the listing, LBank Exchange also launched a TRIX Hold & Earn campaign, which will end at 00:00 on Dec 25, 2021 (UTC+8), 20 users with holding amount of no less than $300 TRIX will be randomly selected to share a reward pool of 1,350,000 TRIX, each will receive 67,500 TRIX.

Learn More about TRIX Token:

Official Website: https://triumphx.io/
Telegram: https://t.me/TRIXcommunityEN
Twitter: https://twitter.com/TrixTriumphX

About LBank Exchange

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LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 6.4 million users from now more than 210 regions around the world.

Start Trading Now: lbank.info

Community & Social Media:

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Contact Details:

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LBK Blockchain Co. Limited
LBank Exchange
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/108197

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

Bybit Invites Traders to Embark on a Token Treasure Hunt

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Bybit Invites Traders to Embark on a Token Treasure Hunt

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Blockchain

India Electronic Contract Services Market to Worth Over US$ 624.33 Million By 2033 | eSignature Demand Among Financial Institutes to Remain High Says Astute Analytica

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UNICC and ShelterZoom Developed a Secure Document Tracking and E-Signature Solution for the UN System

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The United Nations International Computing Center (UNICC) and ShelterZoom are pleased to announce a new innovative blockchain-based solution for controlling and protecting the digital data of UN entities and other international organizations. As the largest strategic partner for digital solutions and cybersecurity within the UN system, UNICC has partnered with ShelterZoom, a leading data and content protection and ownership SaaS company behind innovations such as Document Token® technology and Document GPS®.

Building upon the 50 years of experienced innovation from the UNICC, the two organizations collaborated on a transformational undertaking offering robust protection and promising increased productivity for document tracking and management. ShelterZoom will contribute its proprietary document tokenization technology, along with its data protection, document tracking and e-signature solutions to deliver a white-labeled platform, giving member organizations a greater level of governance over their content. Using ShelterZoom’s flagship proprietary Single Source Of Truth® technology, the solution provides a means for each file to be protected individually without changing user normal habits instead of having to rely solely on protecting files at the database level. This ‘singularity and control’ is a new era in cybersecurity and document management, which has never been seen before at this level of seamless integration with existing tools.

“The synergy between what we deliver and the goals of the United Nations are a perfect match for Single Source Of Truth,” said Chao Cheng-Shorland, CEO and Cofounder of ShelterZoom. “We have said from the beginning that it is time to think about cybersecurity in a completely new way and in doing so we have created a solution to address other operational pain points while simultaneously solving one of the biggest challenges facing the global population today. The UN is at the frontlines of changing the world for the better and its forward-thinking approach to using technology to address fundamental issues is critical in improving livelihoods for all.”

ShelterZoom solutions have already been in use across dozens of industries and with this new commercial partnership, they can now extend their usefulness to the UN family and other international organizations. The revolutionary method for complete document tracking with built-in productivity tools, such as digital signatures and a market-first method for organizing files inside email, is an all-in-one solution built for a global workforce. The Single Source of Truth model has the added benefit of decreasing the carbon footprint created by excessive digital waste, further supporting the sustainability goals of the United Nations.

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“The need for robust cybersecurity and data protection has never been greater,” said Sameer Chauhan, Director of UNICC. “By working together with ShelterZoom, we have developed a cutting-edge tool tailored to the needs of the UN family. Our unwavering commitment to providing best-in-class solutions ensures we continue to support the digital transformation and modernization of the UN system and other international organizations.”

The post UNICC and ShelterZoom Developed a Secure Document Tracking and E-Signature Solution for the UN System appeared first on News, Events, Advertising Options.

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