Connect with us

Blockchain

LBank Exchange Will List Metaverse Art Blockchain (MABC) on June 13, 2022

Published

on

Internet City, Dubai–(Newsfile Corp. – June 10, 2022) –  LBank Exchange, a global digital asset trading platform, will list Metaverse Art Blockchain (MABC) on June 13, 2022. For all users of LBank Exchange, the MABC/USDT trading pair will be officially available for trading at 17:00 (UTC+8) on June 13, 2022.

Figure 1

To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/8831/127231_0d37882b244c28c6_001full.jpg

As an art blockchain platform, Metaverse Art Blockchain (MABC) brings the world a new paradigm of NFT, presenting new artistic and cultural concepts in its own metaverse ecosystem that provides services such as gallery, museum, market, as well as auction, sales agency, game publishing system, and more. The MABC token will be listed on LBank Exchange at 17:00 (UTC+8) on June 13, 2022, to further expand its global reach and help it achieve its vision.

Introducing Metaverse Art Blockchain

Advertisement

Metaverse Art Blockchain (MABC) ​​uses NFT to present new artistic and cultural concepts and methods, and has also built a virtuous cycle system. It will achieve digital assetization in various fields such as traditional, public, digital art, and sound sources, and minting with NFT. These NFTs are consumed in MABC ‘s own Metaverse ecosystem (Metaverse Gallery, Museum, Market).

MABC plans to hire professional appraiser to launch donation, auction, and sales agency services using art. In the case of a sales agent, it will sell at a normal auction price in connection with Sotheby’s. It will also operate its own auction and shopping mall sites to conduct real transactions and NFT sales at the same time.

Through MABC, revenue can be generated by dividing music copyrights using NFT. MABC signed a contract with a music copyright company and is able to generate revenue for a period of about 40 years.

In addition, the goods used in its game publishing system are converted into NFT blocks or tokens to pursue profits for the system, and maximize profits with royalties for the use of existing GAME IP. Furthermore, MABC has the right to reserve concerts and broadcast broadcasts stored in blocks in a divided form. Users can earn money by selling them on the MABC platform.

Through the community of artists and holders operated by MABC, it is possible to present not only existing assets but also new artistic fields. Supporting artist promotion and NFT publication, it will continue to attract holders so that they can freely engage in activities within the MABC ecosystem.

Advertisement

About MABC Token

MABC is the native token that can be used in Metaverse Art Blockchain’s ecosystem. Based on ERC-20, MABC has a total supply of 3 billion (i.e. 3,000,000,000) tokens, of which 30% is sold to the market, 25% is provided for ecosystem, 5% is allocated to the team and advisors, 3% is for strategic partners, 20% will be utilized as art & contents asset, 7% will be used for marketing, and the rest 10% is reserved by the company.

The MABC token will be listed on LBank Exchange at 17:00 (UTC+8) on June 13, 2022, investors who are interested in Metaverse Art Blockchain investment can easily buy and sell MABC on LBank Exchange by then.

Learn More about MABC Token:

Official Website: https://www.artb-global.com/en
Telegram: http://t.me/mabc_nftcoin
Instagram: https://instagram.com/mabc_art_coin

Advertisement

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 7 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

Advertisement

Contact Details:

LBK Blockchain Co. Limited
LBank Exchange
marketing@lbank.info
business@lbank.info

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/127231

Advertisement

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.

Blockchain

Blocks & Headlines: Today in Blockchain – May 27, 2025 Featuring Blockchain.com, Bilal Bin Saqib, XRP Ledger, Unstoppable Domains, ReNEW, MEXC Ventures

Published

on

blocks-&-headlines:-today-in-blockchain-–-may-27,-2025-featuring-blockchain.com,-bilal-bin-saqib,-xrp-ledger,-unstoppable-domains,-renew,-mexc-ventures

 

Welcome to Blocks & Headlines, your op-ed–style daily briefing on the blockchain and cryptocurrency space. Today we cover:

  1. Blockchain.com’s African push – expansion into Nigeria and Ghana

  2. Pakistan’s new blockchain czar – Bilal Bin Saqib appointed to steer crypto policy

  3. XRP Ledger powers Dubai real-estate tokenization – fractional ownership goes live

  4. Unstoppable Domains’ patent filing – bridging Web2 DNS and blockchain assets

  5. ReNEW project – digital twins and blockchain safeguard Europe’s rivers

  6. MEXC Ventures – sponsoring Korea University’s Blockchain-AI Ideathon

Below, we unpack each story, analyze its significance, and offer insights on the broader blockchain ecosystem.


1. Blockchain.com Seeks Footprint in Nigeria & Ghana

What happened: UK-based crypto exchange Blockchain.com is opening an office in Nigeria—its fastest-growing West African market—and targeting expansion into Ghana, Kenya, and South Africa.

Advertisement

Why it matters: Africa’s crypto adoption continues to outpace global averages, driven by remittances, inflation hedging, and youth entrepreneurship. By establishing a physical presence, Blockchain.com gains regulatory clarity and local partnerships essential for on-the-ground support and compliance.

Opinion & implications:

  • Localized strategy wins: Purely digital exchanges risk friction with regulators and limited brand trust. A local office signals commitment and builds goodwill.

  • Regulatory trailblazing: As African nations craft crypto frameworks, Blockchain.com can help shape favorable rules through dialogue with policymakers.

  • Competitive edge: Early movers that navigate KYC/AML hurdles and deliver localized offerings (e.g., naira- or cedi-denominated trading pairs) will dominate these fast-growing markets.

Source: Bloomberg


2. Pakistan Appoints Bilal Bin Saqib as Crypto Advisor

What happened: Prime Minister Shehbaz Sharif named 29-year-old Bilal Bin Saqib—CEO of the Pakistan Crypto Council—as his Special Assistant on Blockchain & Crypto, with minister-of-state status.

Why it matters: This high-profile appointment demonstrates Pakistan’s ambition to develop a FATF-compliant digital-asset framework, launch Bitcoin-mining initiatives, and integrate blockchain into governance, land records, and finance.

Advertisement

Opinion & implications:

  • Regulatory momentum: Pakistan’s top-down approach contrasts with countries that ban or ignore crypto. A dedicated ministerial role accelerates policymaking and VASP licensing.

  • Ecosystem growth: With 40 million crypto users and $300 billion in annual trading volume, Pakistan offers scale. Clear rules could attract institutional and retail VASPs alike.

  • Global posture: By aligning with international standards, Pakistan signals to global investors that it’s open for blockchain business.

Source: Dawn.com


3. XRP Ledger Powers Dubai’s Real-Estate Tokenization

What happened: The Dubai Land Department launched “Prypco Mint,” a government-backed platform for fractional real-estate ownership on the XRP Ledger. Investments start at AED 2,000 (~$545), exclusively for UAE ID holders initially.

Why it matters: Tokenization of real-world assets (RWA) is rapidly gaining traction. Using XRPL’s high throughput and low fees, Dubai cements its status as a global crypto hub and innovator in DeFi infrastructure.

Opinion & implications:

Advertisement
  • RWA narrative: As institutional investors seek regulated exposure to illiquid assets, real-estate tokenization on public blockchains offers transparency, tradability, and compliance.

  • Platform scalability: If XRPL proves resilient under real-estate workloads, other jurisdictions may follow suit, driving demand for XRP and associated on-chain services.

  • Economic inclusion: Lower-entry points democratize property investment, but secondary markets and custody solutions must mature to ensure liquidity.

Source: Benzinga


4. Unstoppable Domains Files Patent for Blockchain-DNS Integration

What happened: Unstoppable Domains filed a patent application (submitted November 2023, published May 2025) outlining methods to tie Web2 DNS records to blockchain assets—such as NFTs or wallet addresses—and authorize DNS changes via on-chain signatures.

Why it matters: This innovation bridges legacy Internet infrastructure and Web3 identity, offering a unified control plane for domain management that’s tamper-proof and cryptographically secure.

Opinion & implications:

  • DNS security reimagined: Traditional DNS is vulnerable to hijacking. Blockchain-based record resolution could harden the domain ecosystem against centralized attacks.

  • ICANN synergy: As an ICANN-accredited registrar, Unstoppable Domains may pilot hybrid services that complement DNSSEC and emerging Internet standards.

  • Business models: Monetizing blockchain-DNS services through premium domain auctions or DNS-as-a-service could unlock new revenue streams.

Source: Neuron Expert

Advertisement

5. ReNEW: Digital Twins & Blockchain Protect Europe’s Waterways

What happened: The EU-funded ReNEW project deploys digital twins, real-time sensors on tourist vessels, and a blockchain ledger to monitor and enforce wastewater discharge rules on the Douro River—and across living labs in Belgium, France, Germany, and the Netherlands.

Why it matters: Environmental compliance platforms often struggle with data integrity. Blockchain’s immutability ensures that pollution records are permanent and tamper-proof, automating fines for illegal discharges.

Opinion & implications:

  • Green Web3: This use case exemplifies “blockchain for good,” where transparency incentivizes sustainable practices in logistics and tourism.

  • Digital twins synergy: Coupling predictive river-system models with on-chain enforcement creates a robust decision-support tool for regulators and operators alike.

  • Scalable blueprint: Other critical-infrastructure sectors—energy grids, air quality, waste management—can adopt similar hybrid architectures.

Source: Smart Water Magazine


6. MEXC Ventures at Korea University’s Blockchain-AI Ideathon

What happened: On May 16, MEXC Ventures co-hosted the 2025 Korea University Blockchain Startup Ideathon—part of the National Center of Excellence in SW AI Startup program—with 27 blockchain teams, 36 AI teams, and 208 total participants. MEXC sponsored the blockchain track alongside KISA, LG CNS, and Tether, and awarded the “MEXC Ventures Award” to team AlchemyLab.

Advertisement

Why it matters: Academic hackathons are incubators for early-stage blockchain innovation, fostering talent pipelines and new use-cases. Corporate sponsorships validate these events and accelerate academia-industry collaboration.

Opinion & implications:

  • Talent cultivation: With global shortages of blockchain engineers, ideathons provide hands-on training and recruitment opportunities.

  • Innovation hotspots: South Korea’s strong R&D environment and high university participation rates make it a strategic node for Web3 breakthroughs.

  • Ecosystem growth: MEXC’s involvement signals that exchanges and VCs view academic partnerships as vital for sustainable ecosystem development.

Source: MEXC Blog


Conclusion

Today’s highlights—from Blockchain.com’s African push to Unstoppable Domains’ DNS patent—showcase an industry maturing across regulation, real-world asset tokenization, environmental use-cases, and talent development. Key trends to watch:

  • Localized expansion as exchanges tailor services to regional markets.

  • Government appointments signaling blockchain’s policy importance.

  • RWA tokenization driving DeFi into mainstream finance.

  • Hybrid Web2–Web3 solutions hardening Internet infrastructure.

  • Sustainability platforms leveraging blockchain for public-good.

  • Academic partnerships fueling the next generation of innovators.

Stay tuned for tomorrow’s deep dive into the stories shaping blockchain’s evolution.

Advertisement

The post Blocks & Headlines: Today in Blockchain – May 27, 2025 Featuring Blockchain.com, Bilal Bin Saqib, XRP Ledger, Unstoppable Domains, ReNEW, MEXC Ventures appeared first on News, Events, Advertising Options.

Continue Reading

Blockchain

Antalpha Announces Strategic Investment in Tether Gold and Expansion into New Lending Verticals

Published

on

antalpha-announces-strategic-investment-in-tether-gold-and-expansion-into-new-lending-verticals
Continue Reading

Blockchain

OwlTing Group Unveils AI-Powered OwlPay® Harbor™ for Stablecoin On/Off-Ramping

Published

on

owlting-group-unveils-ai-powered-owlpay-harbor-for-stablecoin-on/off-ramping

OwlPay® Harbor™ simplifies onboarding by offering MCP for businesses to integrate with their own AI agents

Continue Reading
Advertisement
 title=

Latest News

Recent Listings

  • Global Payout, Inc.

    Since the Company’s inception in 2009, Global Payout, Inc. has been a leading provider of compreh...

  • MTrac Tech Corp.

    MTrac Tech Corporation, a Nevada Corporation, is a privately held, wholly owned subsidiary of Glo...

  • Net1

    Net1 is a leading provider of transaction processing services, financial inclusion products ...

  • uBUCK Technologies SEZC

    Based in Georgetown, Cayman Islands, uBUCK Tech is a fintech enterprise that specializes in digit...

  • LiteLink Technologies Inc.

      LiteLink is a major player in developing world-class enterprise platforms that utilize ar...

  • Good Gamer Corp.

      Good Gamer Corp. is a privately-held technology company focusing on gamers and streamers....

  • BitPay

      Founded in 2011, BitPay pioneered blockchain payment processing with the mission of trans...

  • About Net1

      Net1 is a leading provider of transaction processing services, financial inclusion produc...

  • Blockchain Foundry Inc.

    Headquartered in Toronto, Canada, Blockchain Foundry (CSE:BCFN)(FWB:8BF)(OTC:BLFDF) is a global b...

  • Sixgill

    Sixgill provides a full suite of universal data automation and authenticity products and services...

Trending on TBE