Blockchain
MyCointainer Raises $6 Million in Seed Round to Develop Its Yield Earning Platform
Tallinn, Estonia–(Newsfile Corp. – January 26, 2022) – MyCointainer, a platform for easy staking, announced it has raised $6 million in a Seed Round. The event was led by Mapleblock and co-led by Shima Capital & Bybit – one of the dominant cryptocurrency exchanges worldwide.
Funds Raised
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Numerous high-profile angel investors also participated in the round. Among them are entities with rich portfolios comprising some of the most renowned industry brands like CoinList, Circle, and Polygon. ConsenSys, Near, 1inch, Algorand, Polkadot, dY/dX, Casper Labs, Mina, Ankr, and Enjin are also there. Most importantly, their support enhances MyCointainer’s potential and pinpoints a tight-knit collaboration for future projects.
The company will use the funds to develop its yield-earning platform. This way, it will improve its current B2B products and expand its reach in Europe, Asia, the Middle East, and the rest of the world. Lastly, MyCointainer seeks to grow its expert team by hiring more professionals.
Yield Earning on MyCointainer
MyCointainer is a platform that enables customers to stake cryptocurrencies and tokens without any hassle. Users can start with as little as 1 EUR and have their pick from more than 100 digital assets, including Polkadot, Cardano, and Elrond.
The platform allows users to buy specific tokens or transfer them into their wallets. Then, it utilizes the power of blockchain protocols to generate more coins in the users’ balances as daily rewards.
Furthermore, participants can earn directly from their wallets through delegations.
Polygon is one of the most prestigious projects on MyCointainer, with almost 8,000 active participants at the time of writing.
Many consider Polygon as one of the potential payment forms of tomorrow. For instance, the project revolutionizes the blockchain community and creates a hub where users can interact with decentralized products. Above all, its presence on the platform enhances MyCointainer’s reliability and potential.
MyCointainer’s Rise in the Crypto World
Bartosz Pozniak, an entrepreneur with over 15 years of experience in shaping global digital products, founded and launched MyCointainer in 2018. Previously, he has worked in various industries, including investment banks, and in product teams for Barclays & Deutsche Bank in London.
Pozniak built MyCointainer in its early years through self-funding and company-generated revenue. So far, the platform has generated over $3 million in rewards for its over 110,000 users. The company has a financial institution license in Estonia. Also, its most important markets include the UK, the USA, France, and Italy.
In November 2021, MyCointainer joined forces with the industry-leading blockchain project Elrond and the Maiar Team. The partnership enables the trade of BTC/EGLD, EUR/EGLD pairs, and a simple proof-of-stake (PoS) mechanism. Also, it covers the patronage over the Maiar application.
Besides Elrond, MyCointainer has partnered with other important names in the industry, like Avalanche Labs, Waves & Cosmos. Moreover, the company worked closely with Crypto.com and many other fast and open blockchains for decentralized applications. These collaborations helped MyCointainer scale and grow its platform much further.
Lastly, the MyCointainer team is growing at a remarkable speed. Today, the company employs more than 42 people and plans to expand even more with several new positions opening. Anyone interested in the available roles can visit their Careers page.
About MyCointainer
MyCointainer has undertaken the ambitious mission of providing easy access to various rewarding crypto mechanisms for everyone. This way, everyone can equally benefit from a changing financial landscape and accelerate global crypto adoption.
The MyCointainer team is available on Facebook, Telegram, and Discord, among other social media channels.
Contact Information:
Bartosz Pozniak
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/111787
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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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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