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LBank Exchange Will List LeisureMeta (LM) on May 25, 2022

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Internet City, Dubai–(Newsfile Corp. – May 24, 2022) – LBank Exchange, a global digital asset trading platform, will list LeisureMeta (LM) on May 25, 2022. For all users of LBank Exchange, the LM/USDT trading pair will be officially available for trading at 18:00 (UTC+8) on May 25, 2022.

Figure 1: LBank Exchange Will List LeisureMeta (LM) on May 25, 2022

To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/8378/125076_aa7980118452fa1a_002full.jpg

To build a metaverse where digital assets are in the form of NFT, a blockchain platform called LeisureMetaverse is created for recording and governing the NFT minting and trading, and DAO activities, while building DApp services such as playNomm and incentive model using LeisureMeta (LM) tokens. The LM token will be listed on LBank Exchange at 18:00 (UTC+8) on May 25, 2022, to further expand its global reach and help it achieve its vision.

Introducing LeisureMetaverse

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As the rise of the digital economy is near, more people will invest their time on creative activities. LeisureMetaverse is a platform for this new era where leisure is the lifestyle and the economic activity. It records and governs the NFT minting and trading, and DAO activities. In fact, it is impossible to implement this kind of service directly on Ethereum, due to technical and economic barriers. LeisureMetaverse platform provides DApps on it, coexisting with Ethereum and maximizing the utility of blockchain at the current level of technology.

The first DApp Service on LeisureMetaverse platform is called playNomm. In playNomm, any entities can easily mint an NFT using their creative contents. Every owner of NFTs will become a member of DAO and will be rewarded by the playNomm token economy.

The LeisureMetaverse platform builds an incentive model using LeisureMeta (LM) tokens to promote continuous activity of DAOs. In the early stage of the platform, every DAO is governed by the common rule set by the foundation DAO consist of team members and advisors. Later, as the data is accumulated over a period, the governance will be gradually transferred so that each DAO can governs itself by setting its own rules. The goal of playNomm is to make every DAO to be a self-regulatory organization.

About LM Token

LeisureMetaverse issued its own utility token LeisureMeta (LM) to energize trade of NFTs and increase the valuation of NFTs. LeisureMetaverse operates its own blockchain, but the LM token in LeisureMetaverse and the ERC-20 LM token on Ethereum are interchangeable through the gateway between LeisureMetaverse and Ethereum. Every NFT Mint and trade in playNomm requires small amount of fee. All the fees paid by user will be burned by the system. The burn-and-mint equilibrium (BME) model will prevent inflation keeping the ecosystem healthy.

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The total supply of LM is 5 billion (i.e. 5,000,000,000) tokens, of which 60% is provided for DAO rewards, 5% is allocated to biz partners, 13% will be used for research and development, 10% is provided for sale, another 10% is allocated to the team and advisor, and the rest 2% is allocated for PR.

LM will be listed on LBank Exchange at 18:00 (UTC+8) on May 25, 2022, investors who are interested in the LeisureMetaverse investment can easily buy and sell LM token on LBank Exchange by then. 

Learn More about LM Token:

Official Website: https://leisuremeta.io
Telegram: https://t.me/playNomm
Discord: https://discord.gg/playNomm
Twitter: https://twitter.com/playNomm
Medium: https://medium.com/@playNomm

About LBank Exchange

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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
l Instagram
l YouTube

Contact Details:
LBK Blockchain Co. Limited
LBank Exchange
[email protected]
[email protected]

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PR Contact:
ZEXPRWIRE
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/125076

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

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QR Codes Payments Present a $67 Billion Global Market Opportunity by 2034 – PayPal, Square (Block), UnionPay International Co., Visa, and Mastercard Lead the Competition

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QR Codes Payment Market

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Blocks & Headlines: Today in Blockchain – April 30, 2025

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Today’s blockchain ecosystem is defined by soaring ambitions, regulatory crosswinds, and an ever-evolving tapestry of decentralized applications. In this edition of Blocks & Headlines: Today in Blockchain – April 30, 2025, we cover five pivotal developments shaping Web3’s next chapter:

  1. Telegram’s TON Factory Launch – A breakthrough in on-chain scalability.

  2. EU Data-Protection Ruling Threatens Full Blockchain Histories – The fight between GDPR and immutability.

  3. One Championship MMA Game Debuts on Sui – A major Web3 foray into mobile gaming.

  4. U.S. Senate Eyes New Blockchain Act – Bipartisan push to regulate digital assets.

  5. DMG Blockchain’s AI Data-Center Investment – Convergence of crypto mining and AI infrastructure.

Below, we deliver concise yet detailed analyses of each story, infused with expert commentary on their strategic significance. Read on to understand how these trends will influence protocol adoption, developer incentives, regulatory frameworks, and the future of decentralized networks.


1. Telegram’s TON Factory Boosts On-Chain Scalability

What happened:

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Telegram’s Open Network (TON) team officially unveiled TON Factory, a novel toolkit designed to streamline the deployment and scaling of decentralized applications. Built atop TON’s sharded architecture, TON Factory enables developers to spin up isolated “factories”—subnets that can host smart contracts, NFTs, and DeFi modules—while sharing security guarantees with the main chain. According to the announcement, early tests show that each factory can process up to 15,000 transactions per second (TPS) in isolation, with near-instant finality.

Why it matters:

Scalability remains blockchain’s Achilles’ heel. TON Factory’s factory-of-subnets approach promises to lower the barrier to entry for high-throughput dApps—everything from micro-payment systems to real-time gaming. By offering elastic compute and fee-optimization mechanisms, Telegram aims to undercut legacy Layer-1 networks and attract a new generation of builders.

Opinion & Implications:

  • Developer Experience: Abstractions like preconfigured factories could accelerate time-to-market for teams lacking deep consensus expertise.

  • Network Effects: If TON’s UX outpaces rivals (e.g., Ethereum’s zk-rollups or Solana’s Turbine), we may see a migration of liquidity and talent.

  • Security Trade-Offs: Isolating factories can mitigate cross-dApp failures, but adds complexity to transaction routing and dispute resolution. Audits will be essential to validate this novel model.

Source: Cointelegraph – Telegram TON Factory Launch

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2. EU Regulators Propose Deleting Entire Blockchains for GDPR

What happened:

European data-protection authorities have floated a radical interpretation of GDPR: the “right to erasure” could extend to purging entire on-chain histories containing personal data. Under this view, controllers operating within the EU must either anonymize linked data or entirely delete chain segments—potentially forcing chains to implement selective pruning or permissions.

Why it matters:

Blockchain’s immutability ethos directly clashes with GDPR’s erasure mandate. If regulators enforce selective deletion, networks may need to retrofit privacy-preserving layers (e.g., zero-knowledge proofs, chameleon hashes) or risk noncompliance fines up to 4% of global turnover.

Opinion & Implications:

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  • Protocol Evolution: Expect a surge in privacy-by-design protocols that segregate PII off-chain while anchoring proofs on-chain.

  • Jurisdictional Fragmentation: Projects may geo-fence EU users or spawn EU-compliant forks—fracturing unified global ledgers.

  • Commercial Impact: Exchanges and custodians face urgent deadlines to audit on-chain data holdings and deploy erasure tools—or face hefty penalties.

Source: Daily Hodl – EU Blockchain Erasure


3. One Championship’s MMA Game Launches on Sui for iOS/Android

What happened:

One Championship, Asia’s premier martial-arts league, has partnered with Mysten Labs to release “ONE Fight Manager”—a play-to-earn mobile title powered by the Sui blockchain. Available now on iOS and Android, the game lets users train NFT fighters, compete in PvP leagues, and earn SUI tokens through ranked matches. Mysten Labs touts sub-two-second transaction finality and near-zero gas fees, enabling seamless gameplay even for on-chain microtransactions.

Why it matters:

Gaming remains the killer app for mass blockchain adoption. By leveraging Sui’s Move VM and object-centric model, ONE Fight Manager addresses two critical pain points: UX friction and cost barriers. Real-time, feeless interactions are vital to onboard traditional gamers accustomed to instant feedback loops.

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Opinion & Implications:

  • User Acquisition: High-profile IP like One Championship can drive millions of installs—and funnel new users into the broader Sui ecosystem.

  • Economics & Tokenomics: Careful tuning of token emission and NFT scarcity will determine whether the game sustains long-term engagement or succumbs to “play-to-earn” collapse.

  • Cross-Chain Synergy: Success here may inspire similar partnerships on Aptos, Ethereum, or emerging Layer-1s, intensifying competition for flagship gaming titles.

Source: Decrypt – ONE Championship Sui Game


4. Ohio Senator Leads Push for U.S. Blockchain Act

What happened:

Senator J.D. Kerns (R-OH) has introduced the Blockchain Innovation and Consumer Protection Act, aiming to create a federal framework for digital-asset oversight. Key provisions include:

  • Defined Classifications: Differentiating between payment tokens, security tokens, and utility tokens.

  • Licensing Regime: Establishing a “Digital Asset Services Commission” to grant interstate licenses for exchanges and custodians.

  • Consumer Safeguards: Mandatory proof of reserves, clear disclosure requirements, and dispute-resolution protocols.

Why it matters:

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After years of fragmented state laws and agency turf wars, this Act represents Congress’s first cohesive effort to legislate blockchain. By preempting state-level divergence, it could streamline compliance for businesses—provided it balances innovation with investor protection.

Opinion & Implications:

  • Regulatory Clarity: Clear definitions can foster institutional entry, reducing legal ambiguity that stifles corporate treasuries from adopting crypto.

  • Unintended Consequences: Overly stringent licensing could entrench incumbents and erect high barriers for startups.

  • Global Competitiveness: U.S. leadership in blockchain law may influence other jurisdictions—critical as Asia and Europe race to craft their own regulatory regimes.

Source: The Street – Blockchain Act Proposal


5. DMG Blockchain Solutions Invests in 2MW of AI Data-Center Gear

What happened:

DMG Blockchain Solutions Inc. has announced the acquisition of two megawatts of high-density GPU infrastructure, repurposed for both crypto-mining and AI-model training workloads. Housed in a new Quebec data center, the multi-use clusters will dynamically allocate capacity between proof-of-work operations and commercial AI clients—leveraging off-peak pricing to optimize ROI.

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Why it matters:

The convergence of crypto-mining and AI training infrastructure underscores growing synergies between two of the most compute-hungry industries. By offering GPUs for rent during mining downtimes, DMG anticipates 30% higher utilization rates compared to mono-purpose facilities.

Opinion & Implications:

  • Revenue Diversification: Dual-use data centers can hedge against crypto price swings and tap into booming AI-as-a-service demand.

  • Energy Efficiency: High-efficiency GPUs paired with Quebec’s hydroelectric power may set new benchmarks for sustainable compute.

  • Competitive Landscape: Other mining operators may follow suit, catalyzing a wave of AI-crypto hybrid hosting providers.

Source: GlobeNewswire – DMG AI Infrastructure Purchase


Conclusion

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April 30, 2025, illuminated blockchain’s boundless dynamism: scalability breakthroughs at Telegram’s TON Factory; privacy versus immutability in the EU’s GDPR debate; mass-market gaming on Sui; legislative clarity from Capitol Hill; and the AI-crypto infrastructure nexus in Quebec. These stories reveal an industry simultaneously innovating at the protocol layer, grappling with regulation, and exploring cross-sector partnerships. For developers, investors, and policymakers alike, the imperative is clear: build resilient architectures that anticipate regulatory shifts, prioritize user experience, and harness synergies across emerging technologies. Stay tuned to Blocks & Headlines tomorrow for your next daily briefing on the pulse of blockchain’s evolving frontier.

The post Blocks & Headlines: Today in Blockchain – April 30, 2025 appeared first on News, Events, Advertising Options.

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From Sydney to the World – Valueex (VUEE) Exchange Announces Entry into the U.S. Market

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