Blockchain
CropBytes (CBX) Is Now Available for Trading on LBank Exchange
Internet City, Dubai–(Newsfile Corp. – April 12, 2022) – LBank Exchange, a global digital asset trading platform, has listed CropBytes (CBX) on April 8, 2022. For all users of LBank Exchange, the CBX/USDT trading pair is now officially available for trading.
Figure 1: CropBytes (CBX) Is Now Available for Trading on LBank Exchange
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The great potential of virtual world games where gamers can create whole worlds similar to the real world has been continually proven by popular games such as World of Warcraft, Second Skin, and many others. However, the in-built currency of these games has no value outside of the game itself. To change this situation, CropBytes (CBX) was created to give every crypto gamer the power to build and own their crypto farm and grow its sustainable metaverse. Its native token CBX has been listed on LBank Exchange at 21:00 (UTC+8) on April 8, 2022, to further expand its global reach and help it achieve its vision.
Introducing CropBytes
As the world’s leading virtual economy game based entirely in crypto on the economics of real-world farming, CropBytes is designed to truly represent the real world, player can work and earn a living within the game, just as they would in real life. It has been 4 years since CropBytes’ inception when the adoption of crypto assets was in its nascent stages. Today traders, players and owners all play a large role within the game economics, allowing the economy to evolve based on the mechanics of demand and supply.
CropBytes enables users to enter a virtual world where the economy allows players to create, raise and nurture their farm while contributing to the growth of the economy. Players can participate in various ways such as growing crops and raising barn animals. As animals need food daily, producing food and feeding animals are some of the basic farming activities players can conduct. They can also collect utilities like water and power to use or sell to their co-players. CropBytes has its own game market with a dedicated in-built exchange for players to trade in-game assets within the exchange, making the process of buying and selling seamless.
The CropBytes metaverse was born with a vision to enable anyone to play and earn in the virtual world. The game shares a lot of similarities to the real world with market trends and economic cycles. With the introduction of ‘work to earn’, the users can be differentiated as Farm Owner and Farm Worker, essentially merging free to play and free to earn to one. Moreover, there are limited edition assets, CropBytes proposed NFTs, that are not just collectibles, but also have utility in the game, which will help boost player’s farm’s output and fuel their earnings.
Founded in 2018 with a vision to drive value creation in the form of virtual currency for people around the world, CropBytes sets out to create a virtual world where anyone can buy, sell and own assets. Today CropBytes is a game of farming, business, and strategy powered by crypto, with a vision of building a game that grows with time and builds value for players.
About CBX Token
CBX is the native token in the CropBytes metaverse which acts as a multi-functional in-game currency giving users a medium of exchange in a decentralized manner. Players can mine the CBX token by just playing the game and participating in activities and quests.
As an interoperable currency in the CropBytes metaverse, CBX is integrated deeply into the various economic cycles of the game. It’s currently used to buy superheroes, game assets, and also to trade. The future of CBX is bright as more integrations and uses will be built into the CropBytes ecosystem.
The total supply of CBX is 500 million (i.e. 500,000,000) tokens, of which 2.2% is provided for seed, 4% is provided for pre-sale 1, 1.1% is provided for pre-sale 2, 1.2% is provided for IEO, 6.7% is provided for swap, 6% is allocated to the foundation, 10% is provided for product, another 10% will be used for marketing, 16.1% is allocated to the team, 4.4% is allocated to the advisors, and the rest 38.2% is provided for mining.
CBX has been listed on LBank Exchange at 21:00 (UTC+8) on April 8, 2022, investors who are interested in CropBytes investment can easily buy and sell CBX token on LBank Exchange right now. The listing of CBX on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.
Learn More about CBX Token:
Official Website: https://www.cropbytes.com
Telegram: https://t.me/ccropbytes
Twitter: https://twitter.com/CropBytes
Facebook: https://www.facebook.com/cropbytes/
Discord: https://discord.com/invite/DneGcTNFUR
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:
Anna Smith
LBK Blockchain Co. Limited
LBank Exchange
[email protected]
PR Contact:
ZEXPRWIRE
[email protected]
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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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