Blockchain
Protokol – A New Bridge to Harness the Power of Communication
London, United Kingdom–(Newsfile Corp. – February 3, 2022) – Protokol, a new bridge to harness the power of communication. Crypto has passed the stage of having to prove itself as an innovative and value-generating industry. The number of countries, celebrities, funds and Brands adopting and building their own blockchain or metaverse solidify this claim.
Figure 1: Protokol – A new bridge to harness the power of communication
Along with the usually expected criteria like market fit, innovation are all as true in other markets as they are in crypto, no other market has been able to capitalize on the power of communities until now.
However, the heightened influence of communities has also introduced certain worrisome developments.
Starting with influencers having immense power over projects they promote. Also, projects try to create relationships with these influencers, usually focusing on major big names and not regarding small voices with the same level of respect. This relationship has been rocky at best, as there is no set, transparent way neither for projects nor influencers to trust that they will get their just dues and the approach today is pretty much summed up with the phrase – “Unending communication vortex.” With many promises made from both sides leaving both parties and especially the project communities dissatisfied.
The solution
After seeing this situation unfold, Ryan and Atif, the founders of Protokol have decided to evolve the way these project-influencer relationships are formed and how they are optimized for community success.
Protokol is a solution that creates a transparent bridge between projects and KOLs (Key opinion leaders). By using this platform, projects can reliably ensure that their project will receive dependable awareness and KOLs, especially micro – KOLs will receive allocations to projects for their efforts.
IMO solution
Protokol is the world’s first marketing launchpad. Introducing Initial Marketing Offerings (IMOs) driving adoption by connecting Micro-KOLs to Projects. IMOs are a new layer of fundraising in return for marketing. Providing projects with value and allowing Micro-KOLs to be monetized with presale tokens.
Protokol is integrated with the major social media channels and able to scale to meet the demand from thousands of Micro-KOLs using permissionless token pools. Verifying Micro KOLs’ work through Protokol’s Proof of Marketing and settlement based on work completed.
About Protokol
Protokol is a mix of Defi and Marketing tech to bring about the world’s first Marketing DEX.
Protokol monetizes key opinion leaders, decentralizes crowd influence by utilizing token swaps through multi-chain token pools.
A Marketing DEX is a unique proposition providing advantages of liquidity, low cost, scalability, trust, and transparency; bringing about the debut of Initial Marketing Offerings (IMOs).
The full roadmap and more information can be found on the project’s website.
Media Contact –
Ryan Deen
[email protected]
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Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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