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Blockchain

Protokol – A New Bridge to Harness the Power of Communication

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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.

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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.

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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).

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The full roadmap and more information can be found on the project’s website.

Media Contact –
Ryan Deen
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/112699

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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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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

Digital Payment Gateway Market

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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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