Blockchain
Poolz Completes Integration and Receives Grant from Aurora
Saint Vincent, Grenadines–(Newsfile Corp. – April 7, 2022) – Poolz Finance completed integration with NEAR’s Aurora sidechain, as well as received a NEAR Foundation grant as part of its NEAR Grants Program.
Poolz was developed to provide the crypto industry with democratized and decentralized liquidity options. As part of this product line, Poolz offer a full refund to all participants of IDOs within 24-hours of listing of the project’s tokens to boost the investors’ trust in blockchain-native projects.
Poolz & NEAR
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In order to give the Poolz community an unmatched experience, the DeFi launchpad supports many blockchain networks: Ethereum, Binance Smart Chain, Huobi ECO, Polkadot, Polygon, Avalanche, Tomochain, and now, NEAR. The NEAR grant will help Poolz expand its presence on NEAR and its EVM sidechain Aurora.
NEAR is a sharded protocol that focuses on user experience, with all shards being largely hidden from the user’s view. NEAR requires developers to build on Rust, which becomes a problem in an EVM-dominated landscape for smart contracts. Here enters Aurora, which is a NEAR-based blockchain that enables EVM smart contracts. It leverages NEAR’s high throughput and sharded architecture to offer an extremely fast environment with 1 second block times and 2-second finality, which makes it extremely fast.
By integrating with Aurora, Poolz will help its users and incubated projects access opportunities on the blockchain, with both new projects and IDOs as well as technical help to integrate the protocol for existing protocols. Poolz is committed to a multi-chain and interoperable vision, helping foster liquidity across a variety of blockchain environments – with the end goal of connecting them together.
“The collaboration with Aurora will set us on our path to becoming an industry-leading cross-chain DeFi project launchpad and incubator,” said Guy Oren, Co-Founder of Poolz. “The grant will help us conquer the milestones we set out to achieve and help us deliver a near-perfect, pun intended, user experience for investors and crypto startups.”
About Poolz Venture
Poolz is a decentralized cross-chain IDO platform built on top of Web 3.0 infrastructure to assist crypto industry projects in raising funds before listing. Poolz Venture is an investment fund set up by the core team at Poolz to further build on the vision Poolz started with.
Website: https://www.poolz.finance/
Medium: https://poolz.medium.com/
Twitter: https://twitter.com/Poolz__
Telegram: https://t.me/PoolzOfficialCommunity
Telegram Announcements: https://t.me/Poolz_Announcements
About Aurora
Aurora is an Ethereum scalability solution which gives an opportunity for Ethereum projects to be launched outside of Ethereum to acquire additional markets and provide lower fees to the users. Good user and developer experience are among the primary focus points for Aurora. Aurora is implemented as a smart contract on top of the NEAR blockchain, so it inherits all the advantages of NEAR: a scalable sharded solution that provides the capability of increasing the amount of transactions-per-second horizontally.
Contact:
Liam Cohen
CMO
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/119640
Blockchain
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Blockchain
Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users
The post Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users appeared first on News, Events, Advertising Options.
Blockchain
Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)
Building Customer Trust in AI with Blockchain
Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.
Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.
Source: Harvard Business Review
Blockchain at a Crossroads: Balancing Promise and Peril
As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.
The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.
Source: Cointelegraph
BRICS vs. USD: Blockchain’s Role in Economic Shifts
The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.
This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.
Source: CoinGeek
Hungri Games Expands MetaHorse Unity to Base Blockchain
Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.
By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.
Source: CoinTrust
Nano Labs Purchases Trump Tokens to Celebrate Presidency
Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.
The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.
Source: PRNewswire
Final Thoughts: Blockchain’s Expanding Horizons
This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.
While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.
The post Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity) appeared first on News, Events, Advertising Options.
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