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LBank Exchange Will List GRINBIT (GRBT) on March 22, 2022

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Internet City, Dubai–(Newsfile Corp. – March 20, 2022) – LBank Exchange, a global digital asset trading platform, will list GRINBIT (GRBT) on March 22, 2022. For all users of LBank Exchange, the GRBT/USDT trading pair will be officially available for trading at 18:00 (UTC+8) on March 22, 2022.

Figure 1: LBank Exchange Will List GRINBIT (GRBT) on March 22, 2022

To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/8378/117429_acb029fd34e99818_002full.jpg

There is no doubt that communication plays an essential role in the age of information. To bring innovation to the communication, GRINBIT (GRBT) utilizes the power of blockchain technology to provide contact-free services, so that it can help people meet with each other anytime anywhere while incentivizing them at the same time. Its native token GRBT will be listed on LBank Exchange at 18:00 (UTC+8) on March 22, 2022, to further expand its global reach and help it achieve its vision.

Introducing GRINBIT

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Referring “untact” as “optional contact-less”, GRINBIT project set out on its journey with a mission that it will make people’s lives better through “untact communication”. Although the development of the Internet has already enabled people to have real-time communication without a face-to-face meeting, such a remarkable advancement has yet come short of perfection. There are some people who still suffer from low-quality service and functional restraints depending on one’s social class or background, and they are isolated from the innovation of technology.

Rooted in the ambition of leading an open communication with the best technology, GRINBIT has introduced and operated the video public phone in a number of places, such as military camps, correctional institutions, hospitals, nursing facilities or smart consultation in the Ministry of Justice. This experience has led it to contribute to the improved welfare and convenience for soldiers, by successfully providing the military camp with not only video call but also voice call and text message services.

The contact-less service provided by GRINBIT in the Ministry of National Defense has installed its contact-less devices in around 13,000 units of the Republic of Korea army, navy, air force, and the marine corps, and provided its service to as many as 3 million members, in an effort to realize more advanced open communication with society and to establish an energetic military culture.

In addition to video call services, GRINBIT project aims to help expand its services and contribute to enhancing the potential of the blockchain ecosystem and bringing a satisfactory innovation to a wider range of people. These services include offering a wide range of educational content that can be studied with smartphones; providing supporters for career and various concerns via chat or video call; live streaming broadcasting; offering games with low capacity that can be easily and simply healed and rewarded; creating SNS to communicate with users own family and friends; providing multi-channel contents including music, video, webtoons, sports, fashion, lifestyle, etc.

With all these services, GRINBIT continues to build an ecosystem based on GRBT token for not only blockchain enthusiasts but also general content creators and users.

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About GRBT Token

GRBT is the native token of GRINBIT. Use of GRINBIT’s services is not restricted by the non-use of GRBT. However, GRBT holders are authorized by the company to gain profit from the contents they launched firsthand. GRBT holders can maintain a long-term holding of GRBT as a means of value storage, and the more GRBT they have, the more benefits they get from the GRINBIT ecosystem.

Any contents profit generated by other payment methods than GRINBIT will be used to repurchase GRINBIT through exchange. The procedure for dealing with GRINBIT recovered through the GRINBI COMPANY-provided content and GRINBIT recovered through repurchase will be voted on every quarter. GRINBIT holders have the right to vote between two methods including burn and airdrop, enhancing the scarcity value of GRINBIT or allocating to GRINBIT holders.

Based on Klaytn, GRBT has a total supply of 10 billion (i.e. 10,000,000,000) tokens, 20% of it is provided for token sale, another 20% is provided for mining, 30% is allocated for the ecosystem, 5% is provided for bounty, 3% will be used for marketing, 5% is allocated to the core team and founders, another 5% is allocated to early investors and advisers, and the rest 12% is reserved by the company.

GRBT will be listed on LBank Exchange at 18:00 (UTC+8) on March 22, 2022, investors who are interested in GRINBIT investment can easily buy and sell GRBT token on LBank Exchange by then. The listing of GRBT on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.

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Learn More about GRBT Token:

Official Website: https://www.grinbit.io
Telegram: https://t.me/joinchat/9G0flhz7zyBhOGY1
Twitter: https://twitter.com/grinbit2
Facebook: https://www.facebook.com/GRINBNC/

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

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Contact Details:

LBK Blockchain Co. Limited
LBank Exchange
[email protected]

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ZEXPRWIRE
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/117429

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Blockchain

BioSig Technologies, Inc. Signs Definitive Share Exchange Agreement with Streamex Exchange Corp. to Launch First-Mover Real-World Asset (RWA) Tokenization Company Bringing Commodity Markets On-Chain.

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From Onboarding to Settlement in Minutes: TransFi Launches BizPay to Redefine Global Business Payments

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TransFi

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Blocks & Headlines: Today in Blockchain – May 22, 2025

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blocks-&-headlines:-today-in-blockchain-–-may-22,-2025

 

The blockchain universe never sleeps. From pioneering cross-border payment systems in Central America to city-wide crypto strategies in New York City, today’s headlines reveal an industry maturing at breakneck speed. In this edition of Blocks & Headlines, we explore five landmark developments:

  1. Guatemala’s Banco Industrial integrates blockchain for seamless cross-border remittances.

  2. NYC Mayor’s Office unveils a comprehensive crypto and blockchain roadmap.

  3. OSR Holdings, BCM Europe & Taekwondo Cooperative sign an MOU to launch the OSRH token.

  4. Bybit’s “Chicken Trader” livestream—crypto meets poultry in the world’s first poultry-powered trading showdown.

  5. FIFA taps Avalanche to build a dedicated blockchain for its NFT platform.

These stories underscore three key trends reshaping the ecosystem:

  • Institutional Adoption & Regulation: From national banks to municipal governments, legacy institutions are embracing decentralized technologies.

  • Tokenization & Community Engagement: Strategic partnerships are launching specialized tokens that bridge niche communities with global markets.

  • Innovative Use Cases: Whether gaming, entertainment, or live-stream events, blockchain’s versatility spawns ever-more creative applications.

Join us as we unpack the implications, weigh the opportunities, and forecast where these trajectories might lead.

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1. Guatemala’s Largest Bank Integrates Blockchain for Cross-Border Payments

What Happened
Guatemala’s Banco Industrial, the country’s biggest financial institution, announced the deployment of a private‐permissioned blockchain network to streamline remittances from the U.S. into Guatemala City and beyond. The solution reduces settlement times from days to minutes, cuts fees by up to 60 %, and offers real-time traceability for senders and receivers.
Source: Cointelegraph

Analysis & Commentary

  • Financial Inclusion Boost: Remittances account for over 12 % of Guatemala’s GDP. By minimizing friction and cost, blockchain integration will extend financial services to remote communities reliant on diaspora funds.

  • Risk & Compliance: Permissioned networks allow Banco Industrial to retain AML/KYC controls, mitigating concerns around illicit flows. This hybrid approach demonstrates that enterprise blockchain can balance decentralization with regulatory rigor.

  • Regional Ripple Effects: Neighboring Central American banks are watching closely. Should Guatemala’s pilot succeed, we can expect a domino effect across El Salvador, Honduras, and Costa Rica—each seeking to capitalize on faster, cheaper cross-border rails.

Implications
Legacy banks worldwide should view this as a blueprint: private blockchains can coexist with existing compliance frameworks while delivering transformative user benefits. Early movers will capture remittance market share and cultivate fintech partnerships across the Latin American corridor.


2. NYC Mayor Unveils Ambitious Crypto & Blockchain Agenda

What Happened
New York City Mayor Eric Adams detailed his administration’s multi-pronged strategy to make NYC a global crypto hub. Key initiatives include:

  • A regulatory sandbox for crypto startups to pilot DeFi, NFTs, and token-based fundraising under city supervision.

  • Partnerships with CUNY and Columbia University for blockchain research and talent development.

  • Deployment of a blockchain-based public record system for land titles and business registrations.
    Source: GovTech

Analysis & Commentary

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  • Regulatory Harmony vs. Overreach: By offering a controlled sandbox rather than blanket deregulation, NYC signals a nuanced stance—encouraging innovation without sacrificing consumer protection.

  • Talent Pipeline: Academic partnerships aim to remedy the talent shortage plaguing blockchain firms. Local graduates trained in distributed ledger technologies (DLT) will feed startups, financial institutions, and government agencies.

  • Public Services on Chain: Land registries and business filings on blockchain promise greater transparency and fraud reduction. If scaled effectively, NYC could set a global standard for government-blockchain integration.

Implications
Other major cities—London, Singapore, Dubai—will feel pressure to match NYC’s playbook. Municipal leaders should prioritize sandbox frameworks and academia-industry liaisons to nurture homegrown crypto ecosystems.


3. OSR Holdings, BCM Europe & Taekwondo Cooperative Launch OSRH Token

What Happened
OSR Holdings, BCM Europe, and the Taekwondo Cooperative signed a strategic Memorandum of Understanding to co-develop the OSRH token, a blockchain-based digital asset aimed at supporting global Taekwondo practitioners. Features include:

  • Membership Rewards: Tokens earned through event participation, coaching certifications, and tournament wins.

  • Decentralized Governance: Athletes vote on sponsorship allocations and rule-change proposals via on-chain ballots.

  • Marketplace Integration: A dedicated NFT marketplace for Taekwondo memorabilia, from digital belts to highlight reels.
    Source: PR Newswire

Analysis & Commentary

  • Niche Tokenization: OSRH token exemplifies the power of community-focused tokens. By aligning incentives with passion points—training, competition, governance—stakeholders gain ownership and engagement.

  • Governance Innovation: Athlete-driven decision-making on sponsorship and funding disrupts top-down federation models. This could democratize sports governance across disciplines.

  • Commercial Ecosystem: The NFT marketplace offers monetization channels for athletes and federations alike. Strategic royalties on secondary sales ensure sustainable funding.

Implications
Other sports federations and niche communities should explore token models that blend rewards, governance, and commerce. Successful launches will hinge on clear utility, user education, and regulatory compliance in key jurisdictions.


4. Bybit Presents “Chicken Trader”: The World’s First Poultry-Powered Trading Showdown

What Happened
Cryptocurrency exchange Bybit debuted “Chicken Trader,” a live-streamed event where two contestants trade crypto pairs—and manage live chickens—to earn “Egg Points.” Viewers can stake on their favorite trader, earning NFTs and token rewards based on performance.
Source: PR Newswire

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Analysis & Commentary

  • Gamification Meets DeFi: Chicken Trader’s fusion of live-stream engagement, staking mechanics, and NFTs exemplifies Web3’s playful ethos—turning trading into interactive entertainment.

  • User Acquisition Strategy: Bybit gamified acquisition funnels, leveraging viral social content to onboard nontraditional crypto audiences intrigued by the novelty factor.

  • Regulatory Tightrope: Combining staking with competition and livestock raises jurisdictional questions around gambling, securities, and animal welfare. Bybit must navigate diverse regulations to scale globally.

Implications
Other exchanges will replicate gamified formats to differentiate UX and grow communities. Yet long-term viability demands balancing flashy live-events with rigorous compliance, sustainable tokenomics, and authentic value for participants.


5. FIFA Taps Avalanche to Power Its NFT Platform

What Happened
Global soccer body FIFA selected the Avalanche blockchain to launch its official NFT marketplace, featuring digital collectibles—from World Cup highlights to player-card packs. Avalanche’s high throughput and low fees were cited as decisive factors.
Source: TradingView (via Cointelegraph)

Analysis & Commentary

  • Scalability & Sustainability: Avalanche’s consensus mechanism delivers sub-second finality and carbon-offset commitments, aligning with FIFA’s environmental pledges.

  • Fan Engagement: Tokenized highlights and limited-edition digital memorabilia expand revenue streams beyond broadcast rights, offering fans verifiable ownership and collectible provenance.

  • Interoperability: Avalanche’s growing DeFi ecosystem enables future integrations—staking fan tokens, launching prediction-market games, or embedding NFT rewards in FIFA’s mobile apps.

Implications
Major sports leagues and entertainment brands eyeing NFT forays will scrutinize Avalanche’s performance under FIFA’s global load. Blockchain platforms must prove they can handle spikes during marquee events—kickoff times, finals, transfer windows—while preserving UX and sustainability goals.

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Conclusion

Today’s Blocks & Headlines illustrate blockchain’s multifaceted evolution:

  • Legacy institutions like banks and city governments are unlocking new efficiencies and transparency through private and public DLT networks.

  • Community-driven tokens are redefining governance and monetization in sports and niche domains.

  • Innovative engagement—from poultry-fueled trading spectacles to global soccer NFTs—demonstrates blockchain’s capacity for gamification, fan loyalty, and novel revenue models.

Yet with opportunity comes responsibility: scalable architectures must coexist with robust compliance; token economies require thoughtful design to sustain value; and regulators, academia, and industry must collaborate to craft frameworks that balance innovation with consumer protection.

As blockchain weaves deeper into finance, governance, entertainment, and sports, stakeholders who embrace strategic partnerships, prioritize user education, and invest in resilient infrastructures will lead the charge into Web3’s next frontier.

The post Blocks & Headlines: Today in Blockchain – May 22, 2025 appeared first on News, Events, Advertising Options.

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