Blockchain
Ruby Play Network Launches Blockchain Rewards Token $RUBY
Christchurch, New Zealand–(Newsfile Corp. – March 24, 2022) – The Ruby Play Network released its native $RUBY blockchain rewards token in a string of cryptocurrency exchange listings over the past week. On the 15th the $RUBY token, which powers play to earn crypto games and blockchain gaming, went live on Bitrue, with liquidity being officially added to decentralized markets thereafter.
The following day $RUBY went live on the ApeSwap decentralized exchange, and then Pancake Swap was the next DEX to be added to the list of markets for live $RUBY trading. The planned systematic string of launches and available liquidity for $RUBY helped the token to launch before listing on Pancake Swap, as the token somewhat bucked the trend for typical BSC launches.
$RUBY tokens designated for vesting and onboarding gaming communities, along with Ruby Play Network project wallets, have all been moved into multisig wallets moving forward. The multisig wallets benefit the network by offering a greater level of security and transparency into all performed transactions. Additionally, the multisig wallets ensure vested tokens from private funding rounds and those set aside for onboarding new gaming communities are automatically sent to the proper wallets when the time comes, with the use of encoded smart contracts.
The continued transparency put forth by the New Zealand-based blockchain rewards platform has been a strength of RPN for the last several months now. The moves to the multisig wallets seems to be a continuation of this intentional effort put forth towards $RUBY holders and supporters.
The RPN platform partner Strawberry sweeps is being prepared for rolling out in more states over the coming days and weeks, with other RUBY features having recently gone live. One of those is with the ApeSwap staking portal, which usually offers a variety of different staking and farming options. RUBY-BNB liquidity pair is currently available for staking on the ApeSwap Jungle Farm, currently yielding over 370% APR. Strawberry Sweeps provide staking and farming facilities via decentralized exchanges and dapps, to the Ruby Play Network community.
Strawberry sweeps is a blockchain gaming partner of the RPN, and features a crypto sweepstakes game and over a dozen social casino games that reward in-game coins and strawberry currency. Users can then redeem strawberries for cryptocurrencies, with RUBY paid out as rewards for the users game time. Strawberry sweeps is being released in stages across states and territories, introducing users to RPN through its adoption mining process.
The first few months of the year have been busy with community engagement. The beginning of the year a full AMA tour was set and successfully carried out by Ruby Play Network. The tour, and other promotional efforts were decided upon and carried out in collaboration with one of a few key partnerships established by RPN thus far. Crypto advertising agency Coinpresso has been an integral part of the Ruby Play Network promotional and community engagement campaign.
Still in the midst of a season of AMAs, RPN will engage in an Ask Me Anything session in just a few days, discussing all things DeFi on 25/03 – hosted on the RUBY discord server. This extended season of community engagement is anticipated to expand as the project looks to increase volume and holders.
After the first week of the token being live, further liquidity is being prepared for exchanges such as Coinsbit CEX, with others rumored to follow suit, as the Ruby Play Network looks to continue expanding platform utility and user base, whilst increasing daily usage of the RUBY token. Ruby Play Network news and latest updates are regularly shared across RPN social media and Telegram community channels.
Twitter: https://twitter.com/RubyPlayNetwork
Telegram: https://t.me/RPNDiscuss_Public
Discord: https://discord.com/invite/dr3tntuwNh
Media Contact:
Brendan Brown
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/117956
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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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