Blockchain
GAINS Associates Introduces GAINS Private To Help Eliminate Biased Fundraising
Paris, France–(Newsfile Corp. – April 28, 2022) – Recently,
Gains Private a Disruptive Web3 Fundraising Platform
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Why does this matter?
Presently, there are over 150 million crypto users, which is around the same number of users that the Internet had back in 1997. While the Internet was indeed the fastest expanding technology in the world at the time, growing at a rate of 60% per year, crypto is increasing at double the rate, namely 120% each year and this number is most likely only going to increase going forward.
Similarly, the demand for blockchain solutions is currently so enormous that it is often difficult for the typical, everyday investor to put money into the initiatives with the most hype. These initiatives are hence frequently reserved for an exclusive set of investors, primarily whales with the maximum capital. This biased funding strategy is seen to be harmful to the ecosystem as it supports wealth concentration and makes it hard to share the token supply of new ventures equally. In such situations, solutions like the aforementioned GAINS Private would become necessary.
More about the solution
As previously alluded to, GAINS Private is the solution in question being offered by GAINS Associates. With it, community members have access to multiple levels by staking their $GAINS tokens, letting them actively participate in both seed as well as private sales within the crypto ecosystem.
To enter the most affordable tier, the ‘Silver Fishes’ of GAINS, users need to own 10,000 GAINS tokens and they will get to invest $400 in projects, on average. Otherwise, they can choose to go with the second tier named ‘Sleek Dolphins’, which has a requirement of 30,000 GAINS tokens and allows them to invest $700 on average.
The two highest tiers are called ‘Baby Sharks’ and ‘Blue Whales’. Users can enter them by holding respectively 100,000 and 200,000 GAINS tokens. They can invest even more and also get access to exclusive deals.
What else is there to know?
GAINS Private V2 was recently launched and offers various strategic benefits, including a mobile and desktop interface for a smooth and immersive experience, quizzes to learn more about the projects that users enjoy and compatibility between ETH and BSC. Furthermore, the project will release additional news for token holders in May.
About GAINS Associates
GAINS Associates is a decentralized VC with the main goal of having crypto-based investment possibilities be increasingly accessible to everyone while also making the entire process more transparent and fair. It is reportedly the world’s first decentralized venture capital firm. With over 4 years of expertise and multiple ultra-high return ventures under their belt, the team is trying to lower the barriers to investment and change the world one deal at a time.
The project’s token is intended to provide a framework for those interested in crowdsourcing interesting and promising initiatives. Retail investors shall be given access to the same options that have previously only been available to accredited high net worth individuals and financial corporations.
Ultimately, the team wishes to take customers on an exciting journey by sharing relevant news, ideas, and opinions with a like-minded community that actively strives to improve both aptitude and expertise in the domain of digital investment.
For more information and regular updates, be sure to check out the official GAINS Associates website and the Medium as well as YouTube channels.
Contact:
CEO: Alexandre Raffin
Email: [email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/121905
Blockchain
Alpha Transform Holdings Releases March Report on ASC AI Index
Blockchain
Elizabeth Warren Urges Treasury Secretary Yellen to Implement Strong AML/CFT Measures for Stablecoins
In a recent communication directed to Treasury Secretary Janet Yellen, US Senator Elizabeth Warren has strongly advocated for the incorporation of robust Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) measures specifically tailored for stablecoins. Senator Warren’s correspondence underscores the critical importance of adopting the full array of AML tools outlined by the Treasury Department in a prior November 2023 communication to Congress.
Senator Warren has underscored the burgeoning threat posed by cryptocurrencies, particularly stablecoins, to national security. She has specifically drawn attention to instances where entities like Iran and Hamas have turned to cryptocurrencies as a means to raise funds and support terrorist activities. To effectively address this evolving threat landscape, Senator Warren asserts that any forthcoming crypto legislation must encompass comprehensive AML/CFT authorities as requested by the Treasury Department.
Moreover, Senator Warren has made reference to the testimony provided by Deputy Secretary Adewale O. ‘Wally’ Adeyemo before the Senate Committee on Banking, Housing, and Urban Affairs. In this testimony, Adeyemo emphasized the critical need for additional AML authorities to combat the growing menace posed by cryptocurrencies. Senator Warren has pointed out that the exclusion of crucial actors within the digital asset ecosystem, such as miners and validators, from AML/CFT requirements could potentially enable nefarious actors to exploit the increased crypto trading facilitated by stablecoin legislation.
Senator Warren’s steadfast stance on the regulation and oversight of cryptocurrencies is aligned with her prior efforts aimed at curbing illicit activities and safeguarding consumers, the financial system, and national security interests. She has persistently advocated for the closure of loopholes in AML regulations that allow sanctioned entities like Iran to derive revenue through crypto transactions. Furthermore, Senator Warren has consistently voiced concerns regarding the exploitation of cryptocurrencies in terrorist financing schemes and has called for the implementation of stronger regulatory frameworks to protect both consumers and national security interests within the realm of stablecoin-related legislation.
Source: blockchain.news
The post Elizabeth Warren Urges Treasury Secretary Yellen to Implement Strong AML/CFT Measures for Stablecoins appeared first on HIPTHER Alerts.
Blockchain
Binance Launches Megadrop: A Token Launch Platform with Airdrops and Web3 Quests
Binance has rolled out Binance Megadrop, a novel token launch platform that blends airdrops with Web3 quests. This platform enables users to engage in BNB Locked Products subscriptions and complete tasks within their Web3 Wallet to earn early rewards from chosen Web3 projects, even before their tokens hit the Binance Exchange.
The inaugural project featured on Binance Megadrop is BounceBit (BB), a BTC restaking chain. Here are the token specifics for BounceBit: Max Token Supply: 2,100,000,000 BB, Megadrop Token Rewards: 168,000,000 BB (8% of max token supply), Initial Circulating Supply: 409,500,000 BB (19.5% of max token supply).
To kickstart their journey with Binance Megadrop, users must log into their Binance account and ensure they possess an active Binance Web3 Wallet. From there, they can subscribe to BNB Locked Products and/or fulfill Web3 Quests to accumulate scores. These scores dictate the rewards received through the Megadrop program.
The scoring mechanism for Megadrop relies on the Locked BNB Score, determined by the quantity of BNB subscribed and the subscription period’s duration. Users also earn a Web3 Quest Bonus and a Web3 Quest Multiplier upon completion of designated Web3 Quests. The total score is computed by applying the Web3 Quest Multiplier to the Locked BNB Score and adding the Web3 Quest Bonus.
Importantly, only wallets created within the Binance Web3 Wallet and not external wallets will count towards Megadrop participation. Megadrop rewards will be airdropped to users’ Binance Spot Wallets.
Users must undergo identity verification and maintain at least one active Binance Web3 Wallet to qualify for Megadrop rewards. Additionally, certain jurisdiction-based eligibility criteria apply. Users from Australia, Canada, Cuba, Crimea Region, Hong Kong, Iran, Japan, New Zealand, Netherlands, North Korea, Russia, Singapore, Syria, United Kingdom, United States of America, and its territories are presently ineligible to participate in BB Megadrop.
Binance Megadrop is aimed at offering users an interactive and rewarding experience within the crypto realm. Further details regarding the Megadrop amount, Web3 Quests, and the comprehensive listing plan will be disclosed separately.
Source: blockchain.news
The post Binance Launches Megadrop: A Token Launch Platform with Airdrops and Web3 Quests appeared first on HIPTHER Alerts.
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