Blockchain
TARP Announces Plans To Abolish Cryptocurrency Scams
Leeuwarden, Netherlands–(Newsfile Corp. – December 29, 2021) – TARP, a company focused on abolishing cryptocurrency scams, announced the ground-breaking launch of its new token which saw day 1 gains of over 11,000%. This community-based meme-token establishes the ideal model for how cryptocurrency tokens should be launched and managed while also providing the financial backing to achieve TARP’s end goals.
TARP
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Working for the Welfare of the Crypto Community
Similar to traditional financial markets, the world of cryptocurrency has experienced a significant increase in the quantity and sophistication of scams or rug pulls as they are referred to in the crypto community. The recent introduction of smart contracts further exacerbated the problem by making it easier than ever for bad actors to release new tokens. Crypto investors seeking to conduct research to support safe investment decisions face an uphill battle due to technical complexities and inadequate research tools.
In order to address these gaps, TARP was founded by two crypto experts with a combined 20+ years of experience; Chief Operating Officer Matt Mortier and Chief Technology Officer Justin H. “Just Moonshot”. Together they are building a team of industry experts who will initially focus on two major areas; educational content and the launch of an automated contract reader aimed at helping investors identify red flags projects.
Educational Content
The number one way to help investors avoid scams is through education. Even the most complex scams have clear warning signs for those with the knowledge of where to look. TARP’s free educational platform will teach investors of every skill level how to spot red flags in crypto projects so they can make informed decisions on where to invest their hard-earned money.
Automated Contract Reader
TARP will also be releasing a free contract reader application for iOS and Android. This revolutionary tool will automatically evaluate the risk of any cryptocurrency token by scanning the token’s contract code and associated wallets searching for red flags. Once the assessment is complete, the app will generate a risk assessment report that will include a “TARP Score” ranging from 0 (Bad) to 100 (Good) along with clear explanations around all identified red flags.
TARP Token
TARP token was fair-launched on 15 December, 2021 as a deflationary currency with a supply of 1 trillion tokens. This BEP-20 token is designed with unique features aimed at creating a stable, high growth currency. TARP’s tokenomics include a 4% tax per transaction which is distributed as follows: 1% is burned thus deflating the overall supply over time, 1% is redistributed as a reward to existing holders, 1% is sent to the Developer wallet to support the ongoing project initiatives and 1% is added back to the liquidity pool to further stabilize the token.
Future Roadmap
On top of the educational platform and automated contract reader app, TARP has several more initiatives on the roadmap including a Play-To-Earn game based on the token’s mascot, Rug Rug, the opening of their corporate headquarters based in the Netherlands, the launch of a TARP NFT marketplace and much more.
About TARP
Additional information about TARP including how to purchase the token can be found on the company website at https://totallyarugpull.com.
Media Contact
Matt Mortier
Email – [email protected]
Website – http://totallyarugpull.com
PR – Cryptoshib.com
Email – [email protected]
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/108479
Blockchain
39% of Canada’s institutional investors have exposure to crypto: KPMG
According to a report from CoinTelegraph, nearly forty percent of institutional investors in Canada have exposure to cryptocurrency, as revealed by KPMG. This finding underscores the growing acceptance and adoption of digital assets among institutional investors in the country.
The report indicates that a significant portion of institutional investors in Canada are actively investing in or exploring opportunities in the cryptocurrency market. This trend reflects a shift in sentiment towards digital assets, with more investors recognizing the potential for long-term growth and diversification offered by cryptocurrencies.
KPMG’s findings highlight the increasing mainstream acceptance of cryptocurrencies among traditional investors, as well as the growing interest in blockchain technology and its potential applications across various industries. As institutional investors continue to enter the cryptocurrency market, they are expected to bring additional capital and liquidity, further fueling the growth and maturation of the digital asset ecosystem.
Overall, KPMG’s report signals a significant milestone in the adoption of cryptocurrencies in Canada, indicating that institutional investors are increasingly recognizing the value proposition of digital assets and integrating them into their investment portfolios. This trend is likely to accelerate the broader adoption and mainstream acceptance of cryptocurrencies in the country and beyond.
Source: cointelegraph.com
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Blockchain
BounceBit (BB) Megadrop Now Open: Participate by Subscribing to BNB Locked Products or Completing Web3 Quests
The BounceBit (BB) Megadrop is now open for participation, as announced by Blockchain.News. This event presents an exciting opportunity for users to earn BB tokens by engaging in various activities, including subscribing to BNB locked products and completing Web3 quests.
Participants can join the BB Megadrop by subscribing to BNB locked products or completing Web3 quests, both of which offer different avenues for earning BB tokens. By participating in these activities, users have the chance to accumulate BB tokens and potentially benefit from the rewards associated with the Megadrop.
Subscribing to BNB locked products allows users to earn BB tokens by locking their BNB assets for a specified period. This not only provides users with an opportunity to earn rewards but also contributes to the liquidity and stability of the BounceBit ecosystem.
Additionally, completing Web3 quests offers users an alternative way to earn BB tokens by engaging in various tasks and challenges related to Web3 technology. These quests provide users with a fun and interactive way to learn about blockchain and cryptocurrency while earning rewards in the form of BB tokens.
Overall, the BB Megadrop presents an exciting opportunity for users to participate in the BounceBit ecosystem and earn rewards by engaging in activities that contribute to the growth and development of the platform. As the Megadrop progresses, participants can look forward to additional opportunities to earn BB tokens and potentially benefit from the rewards associated with this event.
Source: blockchain.news
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Blockchain
Cronos collaborates with KYVE to revolutionize Blockchain Data
Cronos, a prominent blockchain platform, has announced a collaboration with KYVE aimed at revolutionizing blockchain data, as reported by CryptoNewsZ. This partnership represents a significant step forward in enhancing the efficiency and scalability of blockchain data storage and retrieval.
The collaboration between Cronos and KYVE seeks to leverage KYVE’s decentralized data storage and retrieval solution to enhance the capabilities of the Cronos blockchain platform. By integrating KYVE’s technology, Cronos aims to address the challenges associated with storing and accessing large volumes of data on the blockchain, such as scalability and cost-effectiveness.
KYVE’s decentralized data storage solution utilizes a network of distributed nodes to store and retrieve data, ensuring high availability and reliability. This approach not only improves the efficiency of data storage and retrieval but also enhances the security and resilience of the blockchain network.
The partnership between Cronos and KYVE is expected to unlock new possibilities for decentralized applications (dApps) and smart contracts built on the Cronos platform. By providing a more efficient and scalable solution for blockchain data management, Cronos aims to attract developers and enterprises seeking to leverage blockchain technology for a wide range of applications.
Overall, the collaboration between Cronos and KYVE represents a significant development in the blockchain industry, highlighting the importance of innovation and collaboration in driving the evolution of decentralized technologies. As the partnership progresses, it is poised to deliver transformative benefits for blockchain data management and accelerate the adoption of decentralized applications and services.
Source: cryptonewsz.com
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