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APENFT Marketplace Launches Testnet with an Exciting Developer Sprint

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Singapore, Singapore–(Newsfile Corp. – March 30, 2022) – APENFT Marketplace Tesnet goes live on March 31, marking a historic moment in the evolution of the TRON NFT ecosystem.

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APENFT holds unique insights into the development of the NFT markets with a long-term commitment to collecting and managing artworks and crypto collectibles. Building a pragmatic and inclusive NFT platform that engages with the larger community has always been an integral part of APENFT’s roadmap. The launch of the APENFT Marketplace Testnet is one step closer to fulfilling this mission.

To build a more inclusive and dynamic TRON NFT ecosystem and attract high-quality projects, APENFT Marketplace is establishing a $2 million prize pool for an exciting “sprint race” for all developers. This APENFT Marketplace Testnet Developer Sprint is among the many perks announced for the Testnet launch.

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The Developer Sprint will adopt a multi-stage task-completion model. During the Testnet phase, APENFT Marketplace will assess all participating projects from five different angles: project quality, community & social media building, smart contract deployment, website construction, and trial feedback. Every participating project will have a chance to win from the total prize pool.

After the Testnet phase, all qualified projects will be able to migrate to the Mainnet and receive development subsidies from the platform, and there will be more support programs planned out following the Mainnet launch.

In addition to providing support to excellent developers, APENFT will also reward active and premium users from the TRON ecosystem. All qualified users will receive a Genesis NFT badge, which grants them whitelist status for any future NFT drops.

APENFT will select 50 Genesis NFT badge holders who have participated in the Testnet and provided valuable feedback to the platform to receive a reward. APENFT will also select 100 non-badge holders providing valuable feedback to receive a reward. In general, all Testnet participants are encouraged to submit their comments or suggestions. APENFT welcomes all NFT developers and supporters to participate in the trial run. All community voices are highly valued and the platform will reward another 150 lucky users via random draws from all Testnet participants.

After the Testnet phase, APENFT and TRON DAO will be co-hosting an official virtual launch event for the APENFT Marketplace on YouTube and DLive Protocol, where H.E. Justin Sun will introduce all major features of and bonuses offered by the APENFT Marketplace. This launch event has also received strong support from Cryptovoxels, a renowned decentralized virtual world. The event, which is the first metaverse-themed livestream in the TRON ecosystem, will be going out live at TRON DAO’s headquarters on the Cryptovoxels site. This also marks H.E. Justin Sun’s debut livestream in the metaverse. All are invited!

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About APENFT

Officially registered in Singapore on March 29, 2021, APENFT is backed by the underlying technology of the TRON blockchain, with additional support from the world’s largest distributed storage system BitTorrent File System (BTFS). At the core of our mission, APENFT aims to facilitate the creator economy while catalyzing both financial and cultural inclusion in the metaverse. Our vision is to integrate both the virtual and the real worlds seamlessly. APENFT Foundation is the world’s first NFT art foundation that realizes crossover purchases. We aim to bridge conversations between stakeholders in the traditional art world and the digital art community emerging around NFTs, promote inclusiveness and diversity, broaden our multimedia audience, and increase all members’ engagement. In the future, our collection will be made available for the entire community through a series of curated online exhibitions in the metaverse.

APENFT Contact:
Miles Wang
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/118657

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Blockchain

LCT Secures VARA In-Principle Approval, Defining Its Role in Dubai’s Crypto Landscape

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Blockchain

Bybit One-Click Buy Offers a Winning Chance in First-Time Deposits Lucky Draws

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Blockchain

Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)

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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.

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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.

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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

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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:

  1. Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
  2. Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
  3. Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
  4. Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
  5. 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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