Blockchain
LBank Exchange Will List CATCOIN (CATS) on March 2, 2022
Internet City, Dubai–(Newsfile Corp. – March 1, 2022) –
Figure 1: LBank Exchange Will List CATCOIN (CATS) on March 2, 2022
There is no doubt that community plays an essential role in a crypto-related project. As the first crypto-related project to offer a 24/7 live stream on telegram, CATCOIN allows the community to share their thoughts on it at any time, while planning to develop features including NFT, swap, metaverse and game in the coming future. The CATCOIN (CATS) token will be listed on LBank Exchange at 21:00 (UTC+8) on March 2, 2022, to further expand its global reach and help it achieve its vision.
Introducing CATCOIN
Launched on November 26, 2021 by Miaoshi Nekomoto (Satoshi Nakamoto’s cat), CATCOIN is a community-driven project that connects the crypto world with social media, and connects people from all over the world, letting their thoughts flow together. It is the first crypto-related project to offer a 24/7 live stream on telegram, allowing the community to share their thoughts on CATCOIN at any time, which enables the community to influence and control the project.
In addition, CATCOIN’s development is primarily focused on the Catnip project, which will be developed and released by mid-2022 at the earliest and implemented into the Metaverse (Catverse) at the request of the community. Catnip will allow its users to have access to all popular social media channels and be in touch with the Catfamily at all times by integrating innovative crypto technologies.
CATCOIN has successfully launched an NFT collection, Cat Coin Cat Club, which sold out in 12 minutes. Moreover, an NFT marketplace has been planned to be developed and launched in the coming future, along with Catcoinswap, Catverse and a multiplayer game. Valuing a friendly and caring community, CATCOIN welcomes anyone to be a part of its Catfamily.
About CATS Token
Based on BEP-20, CATS has a total supply of 1 quadrillion (i.e. 1,000,000,000,000,000), 2% taxes of each buy transaction and 1.7% of each sell transaction is redistributed to its holders, which means that holders can earn more CATS tokens by just holding them in their wallets. However, reflections will not apply whilst coins are on centralized exchanges.
CATS will be listed on LBank Exchange at 21:00 (UTC+8) on March 2, 2022, investors who are interested in CATCOIN investment can easily buy and sell CATS on LBank Exchange by then. The listing of CATS on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.
Learn More about CATS Token:
Official Website: https://www.catcoincrypto.me
Telegram: https://t.me/catcoin_bsc
Twitter: https://twitter.com/catcoinbsc
Instagram: https://www.instagram.com/catcoin2022/
YouTube: https://www.youtube.com/channel/UCcyqlscO0OMWAY2gvlGfZMQ
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
l Facebook
l Linkedin
Contact Details:
LBK Blockchain Co. Limited
LBank Exchange
[email protected]
PR Contact:
ZEXPRWIRE
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/115133
Blockchain
Saakuru Leads the Gasless Blockchain Revolution, Disrupting the Industry
Saakuru has recently achieved significant milestones in its development, positioning itself as a leader in the gasless blockchain revolution that is reshaping the industry. Within just nine months of its launch, the consumer-centric L2 protocol has entered the top 5 brands in its niche and records over 1.44 million weekly users, according to data from DappRadar.
The project is gearing up for the official launch of its Saakuru token ($SKR) by the end of April, supported by a successful private funding round that raised $2.4 million. Saakuru Protocol stands as a pioneering advocate of gasless technology, aiming to accelerate the adoption of Web3 into the mainstream by enhancing the user experience and reducing costs for both developers and end users.
Unlike traditional blockchain networks, which often suffer from high gas fees and security issues, Saakuru Protocol leverages Oasys High-Speed Optimistic Rollups to create a public-permission, gas-less L2 blockchain. This innovative approach eliminates gas fees, improves user experience, and introduces new tokenomics models, enabling the development of versatile decentralized applications with higher security standards, cost-effectiveness, and ease of use.
The Saakuru token serves as a multi-purpose token within the protocol, providing utility and governance. Its advanced burning mechanism gradually reduces the token supply while potentially increasing its value. The token is integrated into all operational layers of the Saakuru protocol:
1. Developer Layer (Saakuru Labs): Provides products and services with proprietary business models, burning 10% of profits.
2. DeFi Layer (Taffy DEX): Utilizes Taffy DEX technology, where 0.005% of transaction fees are converted to SKR tokens and burned.
3. Governance Layer: Enables token holders to participate in protocol governance, with 5% of tokens used for governance initiating the review process being burned.
4. Protection Layer: In the event of triggering the protection mechanism, SKR tokens are burned, with 3% of saved tokens being burned.
Through these innovative features and layers, the Saakuru token and protocol aim to drive adoption, enhance functionality, and provide sustainable value for users and stakeholders alike in the evolving blockchain landscape.
Source: finance.yahoo.com
The post Saakuru Leads the Gasless Blockchain Revolution, Disrupting the Industry appeared first on HIPTHER Alerts.
Blockchain
RFK Jr. Proposes U.S. Budget Transparency with Blockchain
RFK Jr.’s innovative proposal seeks to revolutionize how the American public interacts with the national budget, leveraging blockchain technology to provide unprecedented levels of transparency and accountability.
Under this plan, every detail of the U.S. budget would be recorded on a blockchain ledger, accessible to the public 24/7. RFK Jr. highlighted the transformative potential of blockchain by emphasizing that “Every American can look at every budget item in the entire budget, anytime they want, 24 hours a day.” This approach aims to engage citizens in the fiscal management of the country, with the goal of ensuring that every dollar spent is visible and accountable.
The proposal promises several significant benefits. Firstly, it could substantially reduce corruption and misuse of funds by enabling real-time monitoring of budget allocations. Secondly, it could strengthen the relationship between citizens and their government, potentially fostering greater trust and civic engagement.
However, implementing such a system presents challenges. One major obstacle is the immense amount of data involved in transcribing the entire national budget onto a blockchain. This requires a highly robust and scalable blockchain infrastructure. Additionally, ensuring universal access and usability of this technology for all Americans may require extensive educational initiatives and improvements in digital infrastructure.
Moreover, there are concerns regarding privacy and security. While blockchain offers inherent security features, the continuous updating and review of vast amounts of data could pose vulnerabilities that need to be addressed to prevent breaches.
Nevertheless, the potential benefits of RFK Jr.’s proposal are compelling. If successful, it could serve as a model for other nations, demonstrating how blockchain can enhance transparency and public participation in government. Ultimately, this initiative has the potential to redefine the standards for accountability and transparency in government spending, marking a significant step forward in the management of public resources.
Source: altcoinbuzz.io
The post RFK Jr. Proposes U.S. Budget Transparency with Blockchain appeared first on HIPTHER Alerts.
Blockchain
$60 Million USDT Already Issued On TON, Great Start, Says CEO
Tether (USDT), the world’s largest stablecoin, has swiftly entered The Open Network (TON) with $60 million worth of USDT already deployed on the blockchain.
The collaboration between Tether and the TON Foundation was announced just two days earlier at the Token2049 conference in Dubai.
USDT’s Strong Start on TON
Within a short span, $60 million worth of USDT has been issued on The Open Network (TON), positioning the blockchain as the 11th largest out of 16 blockchains supporting USDT. This significant milestone follows Tether’s announcement of its partnership with the TON Foundation during the Token2049 conference. Tether’s CEO, Paolo Ardoino, expressed satisfaction with the collaboration, initially reporting $35 million worth of USDT issuance, which has since been updated to $60 million in the Tether Transparency Report.
This integration holds considerable implications for Telegram users, offering instant and free cross-border payments. With USDT now available on TON, users can seamlessly conduct transactions without requiring a blockchain address or downloading separate applications. Telegram emphasizes that this integration will streamline money transfers, likening it to sending a direct message.
Fully Integrated On-Ramps
USDT on TON will seamlessly integrate with major fiat currencies, ensuring convenient on-ramping for users. Additionally, plans for off-ramping functionalities are underway, enabling users to convert USDT back to their preferred fiat currency and withdraw it to their bank account or card. Despite TON’s recent addition, a significant portion of USDT’s $109.8 billion circulating supply remains on the Tron Network, accounting for around $57 billion, followed by Ethereum with approximately $51 billion in USDT. Ethereum’s share has decreased as Tether seeks to mitigate Ethereum’s high network fees. Meanwhile, Solana hosts $1.9 billion worth of USDT.
Market Dominance
USDT continues to dominate the stablecoin market, holding an impressive 69% share valued at approximately $159.5 billion. Its closest competitor, Circle’s USD Coin (USDC), commands around 21% of the market, with $33 billion in circulation. The announcement also sparked a positive reaction in the price of Toncoin (TON), witnessing a 22% increase initially, although it quickly reverted to previous levels. Currently, TON is trading at $6.16, representing a 1.59% decline over the past 24 hours.
Source: cryptodaily.co.uk
The post $60 Million USDT Already Issued On TON, Great Start, Says CEO appeared first on HIPTHER Alerts.
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