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Philcoin, The World’s First Global Philanthropic Token, Announces Its Centralized Exchange Listing on MEXC Global

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It also aims to raise USD 10 million to rehome 2,500 Ukrainian refugees

New York, New York–(Newsfile Corp. – May 3, 2022) – The past few weeks have seen Philcoin achieve tremendous milestones. The world’s first and only philanthropic cryptocurrency saw its token value increase by 67% within 48 hours of its decentralized exchange listing in March. To add to its list of accolades, Philcoin announced its centralized exchange listing on MEXC Global on Thursday 22 April 2022 – a centralized exchange which recently achieved the title of ‘Best Crypto Exchange in Asia’ at the Crypto Expo held in Dubai this year. 

Philcoin

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MEXC is one of the world’s leading digital-asset trading platforms and offers users one-stop services regarding digital assets with top-notch security to fully ensure the safety of each user’s assets. Philcoin has also been listed on the world’s best price-tracking sites including CoinMarketCap, CoinGecko, Binance and Crypto.com – each requiring a rigorous due diligence process proving Philcoin’s commitment to be renowned as a highly trusted and credentialed cryptocurrency.

Speaking on Philcoin’s achievements and future endeavors, Jerry Lopez, CEO and Founder said, “The success of Philcoin so far has surpassed all of my expectations and more. It’s proof that when you put humanity, purpose and impact at the core of your business; the world will respond with love and support. I am deeply humbled by what we have achieved so far, and I am excited to further our reach so that we can change the way giving happens. Through the adoption of Philcoin, we are able to bridge philanthropy and technology to ensure those who need financial aid can receive it instantly. The faster we, as a global movement, can facilitate instant donations and token utility; the faster we can help heal the world.”

Dunstan Teo, Founder and Investor of Philcoin added, “Having MEXC Global as our first centralized exchange listing is a proud moment for Philcoin and adds yet another level of confidence for our users. In the coming months, we will announce more listings, giving our community more choice when it comes to where they want to buy and hold Philcoin.”

Philcoin has also announced its first philanthropic initiative in support of the Ukraine war. Through its ever-growing community of 250 million members around the world, Philcoin aims to raise USD 10 million to rehome 2,500 Ukrainian refugees. It plans to work with some of the world’s best-known charities who can provide on-the-ground support in Ukraine and help disperse the funds to those in need.

Philcoin is a British Virgin Islands company with global operations spanning the USA, United Arab Emirates, United Kingdom, Australia, Philippines, India, Spain, Colombia and Finland. It plans to further extend its reach into developing countries within the coming months.

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For more information, follow Philcoin on Telegram and Twitter for instant updates. You can also find them on Facebook, Linkedin, Youtube, Instagram, Reddit and Medium.

About Philcoin:

Philcoin is an award-winning philanthropic movement in the blockchain whose purpose is to establish a global interactive ecosystem where the daily use of IOT “Internet of Things” (social media, television, means of communication) become a rail where people can earn while they use the products and services.

Given our history of humanitarian support and endeavors, Philcoin’s purpose is to GIVE BACK while people transact in BLOCKCHAIN.

Philcoin’s vision is to create the largest community of philanthropists around the world in a time and age where over 1.7B people are unbanked, over 55% of people in the USA alone cannot read a book at an 8th grade level, and where giving back has been ignored as a global initiative in the blockchain space. A space where billions of dollars have been directed to projects without a purpose.

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Philcoin’s mission is to help people build a digital economy while chatting, watching television, playing video games, getting educated and shopping. As well as using our philanthropic partnerships which allows everyone an equal opportunity in generating digital wealth, Philcoin uses Smart contracts which demonstrate a high level of a transparency, and a user-friendly environment, whilst fulfilling the purpose of the 17 SDGs and every humanitarian support in our ecosystem.

For collaborations, partnerships & media enquiries, please contact:

Tatum April, Chief Marketing Officer
[email protected]
+971504099892
https://philcoin.io

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/122359

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Blockchain

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

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

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

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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.

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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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