Blockchain
LBank Exchange Will List FidoMeta (FMC) on May 23, 2022
Internet City, Dubai–(Newsfile Corp. – May 23, 2022) – LBank Exchange, a global digital asset trading platform, will list FidoMeta (FMC) on May 23, 2022. For all users of LBank Exchange, the FMC/USDT trading pair will be officially available for trading at 18:00 (UTC+8) on May 23, 2022.
Figure 1: LBank Exchange Will List FidoMeta (FMC) on May 23, 2022
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As the world’s first virtual financial institution on metaverse, FidoMeta (FMC) focuses on creating businesses in the world of VR (Virtual Reality), with products and services including Fido Markets, Fido Virtual Central Bank, FidoMeta Wallet, FidoMeta Virtual University, FidoMeta Advisory Platform, and more. Its native token FMC will be listed on LBank Exchange at 18:00 (UTC+8) on May 23, 2022, to further expand its global reach and help it achieve its vision.
Introducing FidoMeta
Focusing on creating businesses in the world of Virtual Reality, FidoMeta (Fido Metaverse) provides products and services that have been designed and developed to serve the real-world community through the advancement of technology and digital presence, which include Fido Central Bank, Fido Markets, FidoMeta Wallet, FidoMeta Virtual University, and FidoMeta Advisory Platform.
Fido Central Bank is an apex body that controls, operates, regulates, and directs the entire banking and monetary structure in the Fido Metaverse. It makes regulations for the operation of other crypto projects that want to run their banks in the Fido Metaverse. All the other banks on the land of Fido Metaverse have to work under the instruction and regulations developed by the Fido Central Bank.
Fido Markets is a multi-asset online trading platform where users can trade Forex, Commodities, Metals and Cryptos, and experience enhanced MT5 access, instant withdrawal and deposit. FidoMeta wallet is a decentralized secure multichain crypto wallet. It allows user to send and receive their coins anywhere anytime on any chain, and supports multiple public chain digital assets at the same time.
In addition, a virtual university will be set up in the Fido Metaverse where users will be allowed to take up academic and professional certification courses. Furthermore, with FidoMeta Advisory Platform, users will also be able to consult professionals on matters like financial modeling, human resources, etc.
About FMC Token
FidoMeta (FMC) token acts as the core utility token across a portfolio of FidoMeta products, including staking, reward sharing through providing liquidity to or securing the protocol, as well as governance procedures. As FidoMeta products continue to grow and FMC token continues to innovate in the DeFi space, FMC holders will be able to propose and decide upon key protocol parameters to all FidoMeta products and how the products interoperate.
Based on BEP-20, FMC has a total supply of 15 billion (i.e. 15,000,000,000) tokens. It taxes a total of 6% on each transaction, of which 3% is distributed to holders as reward, 0.5% goes to the burn address, 1% goes to the FMC ecosystem, and the rest 1.5% is distributed to the presale investor wallet. There is also a price fall control mechanism, so that when the price of FMC gets down to the boundary, tax fee increases and distributed to the existing holders as a reward.
FMC will be listed on LBank Exchange at 18:00 (UTC+8) on May 23, 2022, investors who are interested in the FidoMeta investment can easily buy and sell FMC token on LBank Exchange by then. The listing of FMC on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.
Learn More about FMC Token:
Official Website: https://fidometa.io
Telegram: https://t.me/fidometa
Twitter: https://twitter.com/fidometa
Instagram: https://www.instagram.com/fidometa/
Facebook: https://www.facebook.com/FidoMeta-107224278464843
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:
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Contact Details:
LBK Blockchain Co. Limited
LBank Exchange
[email protected]
[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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