Blockchain
Ravendex Launches Exclusive Rave NFT Collection
Dublin, Ireland–(Newsfile Corp. – January 22, 2022) – Banking on the euphoria of their
Figure 1: Ravendex Launches Exclusive Rave NFT Collection
The team chose Cardano to leverage the ecosystem’s unique Eutxo Model that offers low gas fees to enable users to mint NFTs on the Cardano Blockchain without burning a hole in their pockets, paying just 0.25 cents as a gas fee.
While highlighting the distinction between RAVE NFT and other NFTs, the team revealed that its token offers real utility within the ecosystem as it allows $RAVE NFT holders to stake their NFTs and earn rewards in $RAVE and also other project tokens who partner with Ravendex to distribute their tokens through $RAVE Liquidity mining, a passive earning opportunity exclusively reserved for its NFT holders.
As the NFT minting is currently ongoing, interested investors can seize the opportunity to mint and hold the NFT.
How to Mint $RAVE NFTs
• Purchase ADA from Coinbase, Binance, or Kraken.
• Download a Cardano-compatible wallet such as Daedalus, Yoroi, and Nami Wallet and set it up after downloading.
• Transfer the purchased ADA to the downloaded wallet. Select Cardano Blockchain during the transfer.
• Visit Rave NFT minting portal.
• Click on “Feather Requirements” and send 50 ADA to the displayed address at the start of the minting process.
• Wait for confirmation of the transaction completion on the blockchain.
Once you complete the entire process without hitches and your transaction is confirmed, your pixilated $RAVE NFT will be deposited in your wallet.
Holding the RAVE NFT offers several opportunities that include:
• Staking your NFT and earning $RAVE as a reward.
• Listing and selling your asset on a couple of secondary markets to earn royalties on sales.
• Staking the $RAVE NFT and endorsing a project launch through Ravendex’s IDO.
About Ravendex
Ravendex operates on the Cardano Blockchain as a non-custodial decentralized exchange using the AMM protocol. The protocol comes in handy for the Cardano Ecosystem as it uses it to facilitate asset trading at a price their provided liquidity sets. More so, Ravendex removes the challenges in assets and liquidity transfers between native Cardano tokens and ADA.
The $RAVE utility token, with a Market Capitalisation of over 5 Million Dollars according to Coinmarketcap is tradable on BitMart where users can trade a wide range of commodities such as ETH, BTC, and USDT, among others.
Over $1 million worth of trade volume is recorded daily as the token becomes the favourite of an increasing number of cryptocurrency investors and lovers.
Besides being the utility token that powers the Ravendex ecosystem and can be used for yield farming, staking, governance, and a host of others.
Github: https://github.com/Ravendexlabs
Telegram: https://t.me/RaversNests
Twitter: https://twitter.com/ravendexlabs
Contact Channels:
Company Name: Ravendex Labs
Contact Name: Ravenslabs
Email: [email protected]
Website: https://ravendex.io
Blockchain
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Blockchain
Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users
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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.
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