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Blockchain

Giftbag Launches on BSC to Give Power Back to NFT Creators

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Rosedale, California–(Newsfile Corp. – December 23, 2021) – Giftbag – A new open source community token and NFT project has just launched on the Binance Smart Chain, bringing together a wide range of creators to the NFT space. The project is using NFTs to create an ecosystem where artists, influencers, celebrities, and athletes, coexist as a community to create the ultimate ownership experience for fans and supporters.

giftbag.io

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The project’s objective is to offer the public an unprecedented experience in regards to unseen and valuable art in the form of NFTs, and at the same time, use their resources to help local communities through charitable giftbag donations.

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Non-Stop Influencer NFT Collaborations

The team behind the project has been hard at work since launch, onboarding a wide range of influencers from different backgrounds and fields to create a community that is focused on giving power back to the creators of NFTs. The list of collaborators currently includes NFL sports stars, world-renowned artists, fashion designers, and influencers.

Giftbag has a plan to continually expand its roster of partnerships, with each one creating and contributing their own NFT collection for their fans and supporters. The NFTs that are created are purchased directly from the creator and not from the project itself. Giftbag is providing the platform, whereas the NFT creators control the sale and distribution of their own NFTs that are listed.

Committed to Helping Local Communities

Charity and community support is a major focus for the project, utilizing the partnerships they create to not only bring awareness to different community organizations but also contribute to their efforts. In the short time since the project launched, the Giftbag team has already made two significant donations to community organizations, one with Southern CC Inc. and another with the Miami Boys and Girls Club.

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Southern CC INC, a non-profit whose sole mission is to empower homeless veterans by providing a support network to help rebuild their lives, received a $5,000 donation from Giftbag. The Gloria Redwine Foundation also received a similar donation of $5,000. With the help of Miami Dolphins star, Sheldrick Redwine, Walmart, and the Miami Boys and Girls Club, they helped oversee a thanksgiving meal distribution to the local Miami community.

Coinpresso Alliance for Digital Marketing and Brand Awareness

The project has a substantial focus on ongoing marketing and promotion, in order to provide a much wider reach to a larger audience. The development team aims to organically sustain long-term growth, and have geared their tokenomics model to support this strategy. The tokenomics is allowing for a dedicated marketing budget, with a portion of all transactions from the $GBAG token allocated to marketing and development.

Coinpresso – a leading marketing agency specializing in the blockchain vertical, has been brought on board as partners to the Giftbag project. The partnership is created to provide ongoing support in all areas of marketing and brand awareness. Coinpresso are full-stack, digital marketing specialists, with web development, crypto SEO, and content being at the forefront of their expertise.

Giftbag – Aiming to Improve the Status Quo in the Current NFT Space

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The project is only in its early stages but has already made advancements in its objectives in collaborations with various influencers, artists, and sports stars, as well as using their early success to make a change in local communities through substantial charitable donations.

They have already reached significant milestones in the first and second phases of their proposed roadmap. This includes $GBAG holder targets reached, CoinMarketCap, and CoinGecko listings, as well as staking services beginning to go live to users. Additionally, the team is beginning the development of an exclusive NFT marketplace in order to house the many creator NFTs they plan to release.

The project has a dedicated team that is aiming to create a long-term and sustainable NFT project that incorporates creators from many different backgrounds into one easy-to-use platform. They have ongoing support for marketing with the help of Coinpresso that should see the project reach a wider audience, in turn, growing their community and reaching more holders.

Twitter: https://twitter.com/giftbag_io
Telegram: https://t.me/giftbag_official

Media Contact:

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Curtis Ramsay
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/108471

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

Digital Payment Gateway Market Industry Trends and Opportunities 2030, with Competitor Analysis for PayPal, Stripe, Adyen, Worldpay, Razorpay Software, Mollie, BlueSnap, Klarna Bank and Dwolla

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Blockchain

Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users

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Humanity Protocol, a $1 billion decentralized, privacy-first digital identity blockchain project, is excited to announce its collaboration with OKX Wallet, which will serve as an identity validator for its testnet ecosystem. This collaboration introduces a seamless way for users to engage with decentralized identity while offering unique rewards for OKX Wallet participants.
Testnet users signing up with OKX Wallet will receive a 10% bonus in their airdrop allocation during the token launch. By connecting their OKX Wallet during the Humanity Protocol testnet registration process, participants will be issued a verifiable credential that confirms wallet ownership. This credential ensures fair distribution and protects user privacy, creating a seamless and secure onboarding experience.
Verifiable credentials form the foundation of Humanity Protocol’s decentralized identity system. These credentials validate wallets as unique OKX Wallet users, safeguarding the ecosystem from fraud, such as duplicate registrations and Sybil attacks. While operating behind the scenes, they play a critical role in maintaining transparency and fairness while enabling privacy-first participation in the network.
“We are thrilled to collaborate with OKX Wallet for our testnet,” said Terence Kwok, Founder of Humanity Protocol. “This collaboration strengthens our mission to create a secure, decentralized identity network. By combining Humanity Protocol’s privacy-preserving solutions with OKX Wallet’s trusted infrastructure, we’re not only simplifying user participation but also fostering trust and fairness across the ecosystem. Together, we aim to set a new standard for privacy and transparency in the blockchain space.”
OKX Wallet, known for its user-friendly design and robust security, plays a critical role in this collaboration by enabling secure wallet verification and streamlining user participation.
Humanity Protocol is dedicated to building a decentralized future rooted in privacy and security. By integrating OKX Wallet as an identity validator, the protocol ensures a trustworthy network that benefits both participants and the broader blockchain community.

The post Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users appeared first on News, Events, Advertising Options.

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Blockchain

Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)

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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

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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.

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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.

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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.

 

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The post Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity) appeared first on News, Events, Advertising Options.

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