Blockchain
LBank Exchange Will List Chainflix (CFXT) on February 16, 2022
Internet City, Dubai–(Newsfile Corp. – February 14, 2022) – LBank Exchange, a global digital asset trading platform, will list Chainflix (CFXT) on February 16, 2022. For all users of LBank Exchange, the CFXT/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on February 16, 2022.
Figure 1: LBank Exchange Will List Chainflix (CFXT) on February 16, 2022
Everyone watches videos, leaves comments and posts on various platforms nowadays, but the platform and content providers are the only ones benefiting monetarily from the data, traffic and advertising generated by the users. To address this issue, Chainflix (CFXT) is building a real user-centered video platform to create a fairer environment for platform providers, content creators, and viewers. Its native CFXT token will be listed on LBank Exchange at 16:00 (UTC+8) on February 16, 2022, to further expand its global reach and help it achieve its vision.
Introducing Chainflix
Chainflix is a real user-centered video platform that all participants build together. Not only content creators upload videos but viewers and storage providers can and do as well. And participating users are incentivized according to their contribution.
With Chainflix, viewers can watch videos and communicate through comments and share while mining coins. When users are watching videos on the platform, without special plug-ins or hardware needed, coins are mined, a portion of which is rewarded to users. Moreover, users can get additional incentives when they watch advertisements.
Content creators can upload videos to Chainflix and receive rewards just by having viewers watch the videos and of course, they can receive additional profit from advertising. Rewards generated by video views will be deposited to their wallets the next day, and content providers can check their earnings in real-time.
The key innovation of Chainflix platform is the AI-based distributed storage system. Instead of relying on a centralized CDN (Content Delivery Network), Chainflix allows for any individual to contribute their storage to a distributed storage pool. The AI controller will automatically distribute the files to the different storages of the storage pool depending on the file size and traffic of the video. The storage provider will receive coin rewards when the videos stored in their storage are streamed to the viewers.
Owning the South Korean patented blockchain technology, Chainflix currently has 3,520 distributed storages from more than 10 different countries and users from 157 countries. The incentives users will get are Chainflix coins (CFX), which are mined when a video is watched and are then paid to users.
About CFXT Token
The CFXT is an KCT token obtained by converting Chainflix coin (CFX), it can be transferred to the exchange market and cashed through transactions. Users can also later use CFXT coins to donate to the other users, purchase items, and participate in decentralized governance.
To earn CFX coins, users can just watch videos and ads, coins are mined during that process and then a portion of the mined coins are distributed to the viewers. Uploading videos as a content creator can also earn CFX rewards when their videos are watched, as well as providing storage space.
For cashing-out, users can simply convert those acquired CFX coins to CFXT tokens, then withdraw CFXT tokens to an exchange market that has listed it, and trade them. The CFXT token will be listed on LBank Exchange at 16:00 (UTC+8) on February 16, 2022, investors who are interested in Chainflix investment can easily buy and sell CFXT on LBank Exchange by then. The listing of CFXT on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.
Learn More about CFXT Token:
Official Website: https://www.chainflix.net
Telegram: https://t.me/chainflix
Twitter: https://twitter.com/chainflix
Facebook: https://www.facebook.com/chainflixnet
Instagram: https://www.instagram.com/chainflix/
Listing Announcement on LBank Exchange: https://support.lbank.site/hc/en-gb/articles/4417450677913-CFXT-Chainflix-will-be-listed-on-LBank
About LBank Exchange
LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 6.4 million users from now more than 210 regions around the world.
Start Trading Now: lbank.info
Community & Social Media:
l Telegram
l Twitter
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l Linkedin
Contact Details:
LBK Blockchain Co. Limited
LBank Exchange
[email protected]
PR Contact:
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/113710
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
The post Cronos collaborates with KYVE to revolutionize Blockchain Data appeared first on HIPTHER Alerts.
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