Blockchain
Demand For Ravendex’s Utility Token Surges As Ravendex Readies For New Exchange Listing and NFT Staking
Dublin, Ireland–(Newsfile Corp. – March 17, 2022) –
Figure 1: Demand For Ravendex’s Utility Token Surges As Ravendex Readies For New Exchange Listing & NFT Staking
Rave token surged by about 20% as at the time of writing this release.
Rave token is already tradable on Centralized exchanges like Bitmart and also on decentralized protocols like Sundaeswap and Minswap.
Ravendex according to its roadmap intends to launch their fully feature Cardano DEX before the end of Q3 2022.
Future Plans.
As one of the very first projects created on the Cardano blockchain, Ravendex is on a mission to utilize the Alonzo Hard Fork update on the Cardano Ecosystem to create and build innovative and interactive Apps that would further increase the Cardano ecosystem adoption and also give further utility to Rave token which will increase the demand and subsequently the price.
Some of the features outlined in the Ravendex roadmap include.
Rave Token Staking, NFT Staking and LP Tokens Yield Farming where there are different reward rates that would be determined by the amount of Rave assets holding.
Staking the NFTs are one of the highlighting features of this NFT project. Holders can stake $RAVE NFTs to earn rewards and the rewards can be compounded when the user has Given Liquidity to the Rave/ADA pool on Sundaeswap.
ISPO is a novel way of rewarding users in a project’s token when they stake to the project pool.
RAVEP, Ravendex’s ISPO pool already has more than 9 million in ADA have been staked in the pool and over 4 Million worth of Rave waiting to be claimed by the delegators.
Buy Rave On Bitmart: https://www.bitmart.com/trade/en?symbol=RAVE_USDT
Buy Rave On Sundaeswap: https://exchange.sundaeswap.finance/#/swap?swap_from=14a3455f71c435a04ea1fdb50a3ef4c1cab0e79fb1565627ac66a575.52415645&swap_to=cardano.ada
Rave NFT On Jpg.store: https://www.jpg.store/collection/ravenfts-thegenesis
Social Media:
Github: https://github.com/Ravendexlabs
Telegram: https://t.me/RaversNests
Twitter: https://twitter.com/ravendexlabs
Medium: https://ravendex.medium.com/
Documentation: https://docs.ravendex.io/
Contact Channels:
Company Name: Ravendex Labs
Email: [email protected]
Website: https://ravendex.io
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Blockchain
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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