Blockchain
ADABoy Brings a New Era of Crypto Matching Based on Web 3.0 Tech
Miami, Florida–(Newsfile Corp. – December 22, 2021) – The creators of CryptoMatch have launched ADABoy on Binance Smart Chain. ADABoy is a frictionless yield token which distributes ADA benefits to the holders. It helps investors navigate the rapidly evolving cryptocurrency world through its proprietary app, CryptoMatch.
Figure 1: ADABoy Boy Brings a New Era of Crypto Matching Based on Web 3.0 Tech
Matching apps have become a huge industry of its own, generating billions from people looking for love interests over the internet. However, most of the apps at this point are saturated with high barriers of entry and can burn a hole in the user’s pocket. This is where ADAboy comes in with its innovative design and web 3.0 tech use.
The CryptoMatch cleverly allows users to select what traits they are seeking in a cryptocurrency investment, whether that’s a memecoin or a utility token, what market cap users prefer to enter at for example, and through a clever algorithm with advanced coding. CryptoMatch then presents users with projects that meet their exact criteria. This all takes place within a slick, engaging, user friendly application that resembles tools such as Tinder, giving ADABoy the potential to become a household name. Unveiling such an exciting platform with such an array of features opens up huge opportunities for new and existing investors.
The founders clearly understand that having a strong team and a proven strategy in place is fundamental to the success of their project. Aligning technological advancements coupled with their passion for innovation, they are sure to bring accessibility for unparalleled mass adoption.
ADABoy Token Utility
ADABoy gives one of the highest ADA rewards seen with any project on the Binance Smart Chain, directly rewarding holders with a generous passive income. They introduce a solid product incorporating trust and security from day one by creating something a community of crypto enthusiasts and investors believe in. Their liquidity has been locked until February 2022 with the view to extend, providing additional comfort for investors. ADABoy is very much primed to shake things up in the world of decentralized finance.
$ADABoy is a frictionless yield token which rewards holders in ADA. $ADABoy is the native utility token of the ADABoy Ecosystem and it forms the basis of the transaction activities on the platform. ADABoy is an RFI token-based project that has been created on Binance Smart Chain which utilises very low transaction fees. They reward holders with $ADA tokens (BEP20) through static reflections. As such, out of the 11% Buy tax and 12% sell tax, 4% is redistributed (shared) among token holders who hold ADABoy tokens on a percentage basis.
Annually, users can earn over 424% in earnings, and if they were to reinvest the ADA reflections, that amount could rise to almost 3,700%. Such rates are no longer attainable through traditional centralised financial institutions, yet cryptocurrency solutions like ADAboy provide a cheaper and more effective method to earn a passive income. The token is subject to regular buybacks known as ‘Tower Hours’ by both the team and community members. There are also regular token burns to reduce the ADABoy token supply making this a truly deflationary token. It’s worth noting that investors must hold a minimum of 200K ADAboy tokens to avail of these rewards. $ADABoy is also the native utility token of CryptoMatch and it forms the basis of the transaction activities on the platform making this a true cryptocurrency with actual real world utility.
CryptoMatch
Formerly known as FDOGE, ADAboy is a new project in the cryptocurrency and blockchain space for fans of Cardano. The team’s focus is on bringing more people to the cryptocurrency industry through meaningful connections with the opportunity to earn a passive income in a safe and secure manner. The CryptoMatch aspect of ADABoy isn’t too dissimilar from using dating apps. However, users are not looking for dates with people but rather crypto projects they are interested in, making this a very unique concept. Interest occurs through swiping right, whereas everything else is swiped left.
This popular concept of dating apps with a crypto twist is novel, but places a huge emphasis on helping investors make secure decisions. The ADABoy team executes a strenuous vetting process for all new projects being made accessible through CryptoMatch. Therefore, any rug pull intent or projects not meeting the security requirements will not be added to the platform, ensuring users can easily swipe with peace of mind. Additionally, the ADABoy project has been audited by RugFreeCoins and has a very low-risk rating. The ADABoy concept has many potential use cases and the CryptoMatch service can unlock tremendous future potential for projects and investors alike.
Innovation and the Future
With an eye towards true innovation, coupled with a deep passion for cutting edge technology the ADABoy team have laid the foundation for quite a unique platform. Aside from laying the grounds for an impressive roadmap, through an aggressive marketing push their token has been getting listed across a multitude of coin listings sites. In a bid to bring more visibility to the project, numerous AMAs have taken place giving greater exposure to the project and comfort to investors.
Further down the line, ADABoy will work on expanding on the use cases. They will be launching their very own merchandise store creating a strong brand and marketing tool for ADABoy while allowing investors to be proud of their investment. Further development on staking functionality, and exposure to cross-chain ideas and solutions on the Ethereum and Cardano networks is something users will see down the line. Various strategic partnerships and innovative ideas place them in a front-row seat to witness mass adoption.
Conclusion
ADABoy isn’t just another rewards token trying to use smoke and mirrors to sell their product. This is a serious project with an experienced team behind it who have long-term vision of achieving each step of the roadmap. Their use case is unrivaled, creating actual utility which is very rare in that space.
To learn more about ADABoy Token visit Adaboytoken.com
Social Links :
Twitter : https://www.twitter.com/@adaboytoken
Telegram : https://t.me/ADABoyOfficial
Instagram : https://instagram.com/adaboytoken
Facebook : https://www.facebook.com/ADA.Boy.Token
Reddit : https://www.reddit.com/r/ADABOYToken
Youtube : https://www.youtube.com/channel/UCYJelvhOji7AWhcEqFUMDhw
Media Contact :
Contact Person : Adam
Company Name : CryptoMatch LLC
Email : [email protected]
Website : https://adaboytoken.com/
Source : ADABoy
Blockchain
Green Technology & Sustainability Market Is Expected To Reach A Revenue Of USD 193.9 Bn By 2033, At 23.5% CAGR: Dimension Market Research
Blockchain
XChain, VARA’s Exclusive Transaction Monitoring Partner, Readies Rollout for Regional and Global VASPs
Global digital assets risk monitoring provider XChain, which has been working with Dubai’s VARA since 2022 as its exclusive forensic transaction monitoring partner, has announced the rollout of its services for institutional and retail Virtual Asset Service Providers (VASPs) in the region. The public launch of XChain’s transaction monitoring services will benefit VASPs, and eventually traditional financial institutions venturing into digital assets, offering much needed lifecycle support in areas of crypto oversight, compliance frameworks and transaction monitoring forensics.
By providing the region’s VASPs full visibility on the necessary regulatory and compliance frameworks, XChain aims to solve for key risk factors in on-chain transactions, enabling service providers to ultimately gain real-time insights into their risk metrics. XChain’s early intervention efforts will further establish a reliable and transparent monitoring foundation for VASPs, preparing them for proactive risk management as it relates to their different business models.
Haydn Jones, the newly appointed Managing Director of XChain, said: “With an increasing number of companies looking to tap into UAE’s digital assets industry, we are privileged to continue our work streamlining access to on-chain transaction risk-based analytics. It is therefore imperative for the compliance functions within VASPs to have access to the latest thinking, and we are proud to be at the forefront of blockchain forensics and asset monitoring to build a trusted and reliable framework that offers end-to-end support.”
Matthew White, CEO of VARA commented: “At VARA, we are committed to fostering innovation while ensuring robust regulatory standards for the virtual asset ecosystem. XChain’s rollout of its transaction monitoring services represents a significant step forward in enabling VASPs to operate with enhanced transparency and confidence. We are pleased to collaborate with XChain in setting new benchmarks for regulatory technology, which will not only benefit the digital asset sector but also build bridges with traditional financial institutions exploring this space.”
Building the Gold Standard in Forensic Transaction Monitoring
VARA and XChain are also working on a regulatory dashboard tool to advance the existing on-chain transaction monitoring standards for the region’s digital assets ecosystem. The dashboard, expected to be launched in beta later this year, will offer real-time on-chain data and open-source intelligence derived from VASPs, enabling such institutions, as well as TradFi and professional services companies dealing with digital assets, to integrate a unified risk monitoring tool that adheres to the gold standard in Virtual Assets Regulatory Technology.
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Blockchain
Blocks & Headlines: Today in Blockchain (Chainlink Labs, BlackRock, Fidelity, Dynamite Blockchain)
Exploring the Frontlines of Blockchain Innovation and Adoption
The blockchain industry continues to shape the future of finance, governance, and technology. Today’s briefing covers a range of key developments, from Australia’s crypto crackdown to Chainlink Labs’ expansion, Nevada’s innovative blockchain-driven electoral security, and updates on institutional Bitcoin adoption.
Australia’s Crypto Shakeup: A Looming Exodus for Blockchain Startups?
Australia’s blockchain and crypto sectors face a tumultuous period as nearly 30% of the country’s crypto-related businesses are projected to close operations by 2024. This decline follows increased regulatory scrutiny and diminishing investor confidence, as outlined in a report by KPMG.
The tightening regulatory environment has fueled debates about whether these measures protect consumers or hinder innovation. Advocates argue that clear regulations are crucial for building trust and stability in blockchain ecosystems, while critics fear they might stifle entrepreneurial spirit in the country.
This development could serve as a cautionary tale for other nations walking the fine line between fostering innovation and enforcing compliance.
Source: Cointelegraph
Breaking Down Institutional Bitcoin Adoption
Institutional adoption of Bitcoin is on the rise, marking a significant milestone for blockchain’s integration into mainstream finance. A new report reveals how companies are leveraging Bitcoin as a reserve asset, while financial giants explore Bitcoin-backed investment products to attract both retail and institutional clients.
While adoption is accelerating, barriers remain. Regulatory uncertainty, volatility, and infrastructure gaps hinder broader integration. However, with asset managers like BlackRock and Fidelity increasingly embracing Bitcoin ETFs, institutional interest appears to be solidifying the cryptocurrency’s position as “digital gold.”
This trend signifies blockchain technology’s growing legitimacy in traditional financial systems, offering a pathway for further innovation and integration.
Source: Bitcoinist
Nevada Implements Blockchain for Election Security
In a pioneering move, Nevada has integrated blockchain technology to enhance electoral security and prevent fraud. This development comes in response to a 2020 incident involving fraudulent electors, with blockchain now being used to verify the authenticity of electoral certificates and records.
The immutable and transparent nature of blockchain ensures tamper-proof data integrity, making it an ideal solution for secure electoral processes. Nevada’s initiative could serve as a model for other states and countries grappling with election integrity issues.
By leveraging blockchain for governance, Nevada showcases how this technology can go beyond finance to address critical societal challenges.
Source: 8 News Now
Dynamite Blockchain Rebrands and Charts a New Path
Dynamite Blockchain has announced a strategic rebranding initiative to align its corporate vision with emerging trends in decentralized finance (DeFi), non-fungible tokens (NFTs), and enterprise solutions. The rebranding effort includes an updated logo, a new corporate mission, and a pivot toward offering scalable blockchain solutions for businesses.
The company’s refreshed focus aims to position Dynamite Blockchain as a leader in enterprise blockchain adoption, helping organizations integrate decentralized solutions seamlessly into their existing frameworks.
This rebranding underscores the importance of adaptability in the rapidly evolving blockchain space, where staying relevant often means redefining one’s identity.
Source: GlobeNewswire
Chainlink Labs Expands to Abu Dhabi Global Market (ADGM)
Chainlink Labs, the developer of the blockchain oracle network Chainlink, has established a new presence in the Abu Dhabi Global Market (ADGM). This strategic expansion aims to tap into the Middle East’s growing blockchain ecosystem and foster collaborations with financial institutions in the region.
By entering ADGM, Chainlink Labs signals its intent to advance blockchain-powered financial solutions, with a focus on enhancing smart contract utility and adoption. The move also underscores the region’s increasing role as a hub for blockchain innovation.
This expansion reinforces Chainlink’s position as a key player in bridging on-chain and off-chain systems, further enabling the growth of decentralized applications worldwide.
Source: PR Newswire
Emerging Trends and Insights
- Regulatory Challenges: Australia’s crypto downturn reflects the broader tension between innovation and regulation, offering lessons for global blockchain players.
- Institutional Momentum: The rising adoption of Bitcoin by financial giants suggests a pivotal shift in the role of cryptocurrencies in traditional markets.
- Blockchain Beyond Finance: Nevada’s electoral security innovation highlights blockchain’s potential to address societal issues beyond financial services.
- Corporate Evolution: Dynamite Blockchain’s rebranding illustrates the industry’s emphasis on staying agile and forward-looking.
- Global Expansion: Chainlink Labs’ move into ADGM underscores the Middle East’s emergence as a critical blockchain innovation hub.
Key Takeaways
- Blockchain’s application in governance and security, as seen in Nevada, demonstrates its potential for societal transformation.
- Institutional adoption of Bitcoin is solidifying its status as a mainstream financial asset, even amid regulatory hurdles.
- Strategic rebranding efforts, such as Dynamite Blockchain’s, reflect the dynamic nature of the blockchain industry.
- Expansions into regions like the Middle East signal blockchain companies’ focus on tapping into emerging markets.
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