Blockchain
LBank Exchange Will List Erugo World Coin (EWC) on March 29, 2022
Internet City, Dubai–(Newsfile Corp. – March 25, 2022) – LBank Exchange, a global digital asset trading platform, will list Erugo World Coin (EWC) on March 29, 2022. For all users of LBank Exchange, the EWC/USDT trading pair will be officially available for trading at 18:00 (UTC+8) on March 29, 2022.
Figure 1: LBank Exchange Will List Erugo World Coin (EWC) on March 29, 2022
Cannot view this image? Visit:
https://orders.newsfilecorp.com/files/8378/118123_24af57194414688f_002full.jpg
Metaverse can build a strong link between the virtual world and reality, and Erugo World Coin (EWC) is here to be the strong crypto asset that connects Metaverse with reality. Providing valuable services to its users, Erugo World pursues a Metaverse that creates a low barrier to entry so that anyone can easily participate, and an economic ecosystem operated and developed on its own. EWC token will be listed on LBank Exchange at 18:00 (UTC+8) on March 29, 2022, to further expand its global reach and help it achieve its vision.
Introducing Erugo World
To overcome the limitation of previous mass-type Metaverse platforms that only focus on the value of digital assets and transaction volumes, Erugo World aims to be the sustainable Metaverse platform which connects with reality by providing valuable services to its investors.
In general, Metaverse and NFT-related platform games adopt a method that enables actual start only when users purchase essential items with virtual assets in the marketplace in the first game. However, Erugo World makes it possible to secure coins for living in virtual reality through the quest given within Metaverse, which creates a low barrier to entry so that anyone can easily participate.
Erugo World aims to construct its own economic ecosystem, allowing users to conduct economic activities like the real world. For example, users can hire other users for construction and pay salaries, secure coins by providing labor, and provide intelligent services to design other users’ houses. Rather than just playing for no purpose, people can “live” in Erugo World with a job just like in reality. Focusing on the connection with reality, not just simply watching a performance or decorating an avatar, Erugo World increases the immersion in the life of Metaverse by linking with various offline businesses. For example, if users refuel a vehicle in Metaverse to increase their ability, users can receive a refueling voucher through SNS in real life, or if users buy and drink soda in real life, their avatars in Metaverse can also drink the same soda.
Various companies’ showrooms, billboards, experience halls, and shops can be entered in the map of Erugo World, which is made similar to the earth of the real world. The entering companies pay the entrance fee and advertising cost with coins, and the coins secured in this way are accumulated and paid to users as a reward for quests or used for the development of the ecosystem.
The Erugo team attempts to achieve innovation through the linkage between Metaverse and reality by implementing these features through blockchain technology. So far, the team has been preparing for a gas station business, internet shopping mall, new concept laundry app business, and construction business to link with Erugo World. The Erugo World Ecosystem Model will enable companies and users joining the Erugo World to enjoy life in the strongly integrated virtual world and real world, and the team will continue to build the Erugo World ecosystem to establish itself as a blockchain project that encompasses the world.
About EWC Token
Erugo World Coin (EWC) is the digital asset which can be transacted to invest in real estate, products, services, and items in the Metaverse. Tokens acquired by various works and efforts in Metaverse can be exchanged and deposited into EWC anytime, and are possible to be turned into cash. Additionally, the entry cost, advertising cost and sales incentives compensated by the businesses in Erugo World are transacted and operated in Rugo, the token issued and distributed by Erugo World based on EWC, and will be the source to power the ecosystem of Erugo World.
Staking is supported for EWC investors for the purpose of sustaining the stable development of the EWC ecosystem.
EWC will be listed on LBank Exchange at 18:00 (UTC+8) on March 29, 2022, investors who are interested in Erugo World investment can easily buy and sell EWC on LBank Exchange by then. The listing of EWC on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.
Learn More about EWC Token:
Official Website: https://www.erugocoin.com/
Telegram: https://t.me/erugo
Twitter: https://twitter.com/ErugoWorldCoin
YouTube: https://www.youtube.com/channel/UCj-Hyp1afwEgmSJ6gTYx4wA
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/118123
The anticipated return of $9 billion worth of Bitcoin from the Mt. Gox era has the potential to stir anxiety within the cryptocurrency market. This significant influx of Bitcoin, which has been tied up since the collapse of the Mt. Gox exchange in 2014, raises questions about its potential impact on market dynamics and investor sentiment.
The return of these long-dormant Bitcoin holdings may lead to increased volatility and uncertainty in the cryptocurrency market. Market participants are likely to closely monitor the movement of these funds and assess their potential impact on Bitcoin prices and overall market stability.
Additionally, the large-scale return of Bitcoin from the Mt. Gox era may trigger concerns about potential selling pressure and its effect on market liquidity. Investors may anticipate fluctuations in Bitcoin prices as these funds are reintroduced into the market and traded.
Furthermore, the return of these Bitcoin holdings highlights the ongoing legal and regulatory challenges associated with the Mt. Gox saga. The resolution of this long-standing issue could have far-reaching implications for investor confidence and the perception of security within the cryptocurrency ecosystem.
Overall, the anticipated return of $9 billion worth of Bitcoin from the Mt. Gox era has the potential to evoke anxiety among market participants and prompt heightened scrutiny of market dynamics. As the cryptocurrency market braces for this significant development, it remains to be seen how it will navigate the potential challenges and opportunities presented by the return of these funds.
Source: blockchain.news
The post Anticipated Return of $9B Mt. Gox-era Bitcoin May Spur Market Anxiety appeared first on HIPTHER Alerts.
Blockchain
Binance Faces Lawsuit in Canada for Selling Crypto Derivative Products Without Registration
Binance is currently embroiled in a legal dispute in Canada over allegations of selling cryptocurrency derivative products without proper registration. This lawsuit underscores the regulatory challenges facing the cryptocurrency exchange in various jurisdictions.
The lawsuit accuses Binance of offering crypto derivative products to Canadian investors without obtaining the necessary registration from Canadian securities regulators. This legal action highlights the importance of compliance with regulatory requirements in the cryptocurrency industry, particularly concerning the sale of derivative products.
Binance’s legal woes in Canada reflect broader concerns about regulatory compliance and investor protection within the cryptocurrency sector. As authorities worldwide increase scrutiny of cryptocurrency exchanges and trading platforms, companies like Binance face mounting legal and regulatory challenges.
The outcome of this lawsuit could have significant implications for Binance and the broader cryptocurrency industry in Canada. Depending on the court’s ruling, it could lead to increased regulatory oversight and stricter enforcement measures for cryptocurrency exchanges operating in the country.
In response to the lawsuit, Binance has stated that it is committed to compliance with all applicable laws and regulations in the jurisdictions where it operates. However, the outcome of this legal dispute will likely shape the regulatory landscape for cryptocurrency exchanges in Canada and influence their future operations and compliance efforts.
Source: blockchain.news
The post Binance Faces Lawsuit in Canada for Selling Crypto Derivative Products Without Registration appeared first on HIPTHER Alerts.
The Cardano Foundation has announced the launch of Pragma, marking a significant milestone in open-source blockchain development. Pragma aims to revolutionize Cardano by enhancing its infrastructure through innovative open-source projects.
Pragma represents a new chapter in the evolution of Cardano, focusing on improving its underlying infrastructure and expanding its capabilities. The initiative underscores the Cardano Foundation’s commitment to fostering innovation and driving progress within the blockchain ecosystem.
By leveraging open-source projects, Pragma seeks to enhance Cardano’s functionality and scalability, paving the way for broader adoption and increased utility. These efforts are expected to unlock new opportunities for developers and users alike, further cementing Cardano’s position as a leading blockchain platform.
Pragma’s launch highlights the ongoing evolution of Cardano and its commitment to pushing the boundaries of blockchain technology. Through collaborative open-source development, Pragma aims to address key challenges and drive continuous improvement within the Cardano ecosystem.
The Cardano Foundation’s announcement of Pragma signals a significant step forward in its mission to build a decentralized and sustainable blockchain infrastructure. With Pragma, Cardano is poised to embark on a new era of innovation and growth, setting the stage for a future of unprecedented possibilities in blockchain development.
Source: cryptonews.com
The post Cardano Foundation Launches PRAGMA: A New Chapter in Open-Source Blockchain Development appeared first on HIPTHER Alerts.
-
Blockchain Press Releases7 days agoCanaan Shines at Blockchain Life 2024 in Dubai
-
Blockchain7 days agoQuantum eMotion Files a Patent for Quantum-based Blockchain Wallet Under the Patent Cooperation Treaty (PCT)
-
Blockchain Press Releases7 days agoBybit Institutional Report 2024: Institutions Become Bullish and Eye Challenger Chains, while VC Funding Resurges for Infrastructure, Gaming, and AI
-
Blockchain6 days ago
Phoenix Group Engages BHM Capital as Liquidity Provider to Boost ADX Liquidity and Enhance Market Dynamics
-
Blockchain7 days ago
Elizabeth Warren Urges Treasury Secretary Yellen to Implement Strong AML/CFT Measures for Stablecoins
-
Blockchain6 days ago
Tether USDT stablecoin goes live on TON blockchain
-
Blockchain6 days ago
Crypto fans count down to bitcoin’s ‘halving’
-
Blockchain Press Releases6 days agoDWF Labs joins the Klaytn Governance Council
