Blockchain
Ravendex Launches A Non-Custodial Cardano Native Token Staking Platform
Dublin, Ireland–(Newsfile Corp. – February 21, 2022) –
Figure 1: Ravendex Launches A Non-Custodial Cardano Native Token Staking Platform
Working across several tokens on the Cardano Blockchain, its operation is based on the EUTXO model with unique features that include the ability to split shared liquidity among different Cardano-based assets.
More so, it belongs to the pioneer exchanges that brought crypto asset borrowing and lending to the Cardano Ecosystem. Thanks to this innovation, cryptocurrency investors can easily borrow or lend out their digital assets on the Ecosystem.
According to the team, Ravendex is currently trading on two exchanges – Muesliswap and Sundaeswap. That’s in addition to trading on Bitmart to give users a wide range of options.
The permissionless Rave staking platform with 12% APR is live now with over 30 Million Rave tokens already staked while the team is close to launching its DEX testnet.
The project aims to transform into a full DAO governed by Rave NFT Holders, over 10,000 pixelated raven birds and a native staking platform on the Cardano Blockchain which are currently minted.
Initial Stakepool Offering (ISPO)
The team seized the opportunity to announce its new fundraising mechanism, the Initial Stakepool Offering. The ISPO will allow the “Cardano community to support their favorite project without letting go of their ADA assets but instead, leveraging Cardano’s native reward incentive structure.”
Interested delegators can stake their ADA to the RAVEP stake pool and earn $RAVE rewards.
The deserving delegators who stake their ADA on the Ravendex stake pool will be rewarded with a portion of the staking rewards.
To ease the staking process and put investors’ minds at rest, they can stake ADA without locking their token or the tokens leaving their wallets.
How to Participate in the ISPO
Cryptocurrency investors who are interested in the ISPO can participate through their Yoroi or Daedalus wallets. ADA holders can use either of the wallets to assign their assets to a stake pool and get staking rewards in exchange.
To benefit from this offer, participate in the Ravendex ISPO by using the Ticker RAVEP to delegate to Ravendex stake pools. You will receive $RAVE tokens in reward for the staking in line with the staking duration and ADA staking amount.
ISPO Details
- Total $RAVE rewards: 66,560,000 $RAVE.
- ISPO Launch: Epoch 320.
- ISPO Block End Time: 352.
- Duration: 32 Epochs.
- RAVEP: $RAVE ISPO 100% Pool.
- 1 ADA staked = 0.0325 $RAVE per epoch.
Social Media
Github: https://github.com/Ravendexlabs
Telegram: https://t.me/RaversNests
Twitter: https://twitter.com/ravendexlabs
Documentation: https://docs.ravendex.io/
Medium: https://ravendex.medium.com/
Contact Channels:
Company Name: Ravendex Labs
Ravenslabs
Email: [email protected]
Website: https://ravendex.io
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.
Blockchain
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