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LBank Weekly Listing Report, 8th August 2022

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Internet City, Dubai–(Newsfile Corp. – August 10, 2022) – As a world class digital asset exchange, LBank continues to focus on providing its users quality projects to participate in. Here is a weekly report made by LBank Exchange presenting this week’s exciting new listings and a summary of the ones listed last week, offering users more information to help better understand these unique opportunities.

New Listings on LBank Exchange

Scheduled this week starting on 8th August.

For a more complete list please follow our Twitter @LBank_Exchange

Project: LKD
Listing date: 8th August
Key words: DeFi, Listed in pancake, BSC
Official Website: https://linkdao.network/

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About:

LinkDao Network is a DeFi’s, Cross-Chain Liquidity enabler network that allows its users to earn compound interest on their crypto holdings.

Through a set of investment strategies secured and enforced by smart contracts, LinkDao network automatically maximizes the user rewards from various liquidity pools (LPs),‌ ‌automated market making (AMM) projects,‌ ‌and‌ ‌other yield‌ farming ‌opportunities in the DeFi ecosystem.

The main product offered by LinkDao network are the ‘Vaults’ in which users stake crypto tokens. Despite the name ‘Vault’ suggests, funds are never locked in any vault on LinkDao network: users can always withdraw at any moment in time.

Project: CAUSE
Listing date: 8th August
Key words: DEFI, DAO, Listed on pancake, BSC
Official Website: https://worldcausecoin.com

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About:

World Causecoin (CAUSE) is a BEP20 token built on the concept of Cause Capitalism. Cause Capitalism was founded by an American Businessman, Steve Down, and is defined as ‘where a for-profit chooses as its partner a non-profit, not as a gimmick but as its true sustainable partner.’ The way it works is that a for-profit company makes charitable donations a part of its business model so that a percentage of its revenues are given to the non-profit partner right from the start, not only when there is profit, but as part of the business model. The World Causecoin has adopted this concept where it seeks to leverage cryptocurrency for peer-to-peer financing of cause projects across the world. The non-profit project that World Causecoin seeks to support is maternal and children’s healthcare with its flagship partnership with Africa Maternity and Children Hospitals to be built across Africa. The goal is to build 1000 maternity and children’s hospitals across the world in 20 years. Africa has the highest infant mortality rate according to data from the United Nations, with some countries having a rate as high as 80%. There are several other non-profit causes that companies that adopt Cause Capitalism can support. World Causecoin is building a DAO that will make it possible for different companies including cryptocurrency and non-crypto projects to support not-for-profit causes peer-to-peer as part of their business model. World Causecoin will become the governance token in the DAO and also the main transactional currency for the peer-to-peer financing of various causes.

Project: FND
Listing date: 9th August
Key words: DEFI, NFT, Charity, Crowdfunding, Listed on pancake, bilaxy, BSC
Official Website: https://securedoffers.com/

About:

The first end-to-end crowdfunding platform in blockchain.

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Rare FND provides a platform for charities and startups to launch crowdfunding campaigns to raise funds.

Using FND as the fundraising token, Rare FND is able to help crowdfunding campaigns reach their target quicker through automated staking upon donation to a charity or contribution to a startup.

Once a crowdfunding campaign hits their target the funds are vested as per the project plan submitted during the crowdfunding campaign application. This ensures that FND token is not sold in one go having a negative impact on the price.

Project: DRIVECRYPTO
Listing date: 9th August
Key words: DEFI, GAMEFI, OTHER, Initial listing, BSC
Official Website: https://drivecrypto.io/

About:

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The first project gathers mobility rewards (Drive2Earn) , Gamefiand environmental mindset. Drive2Earn – monetizing habits through an app – launch in 30 days. Users need to buy NFTs, connect, and drive. Users can swap their DriveCrypto to NFTs – access: store.drivecrypto.io

Project: CHEQ
Listing date: 10th August
Key words: Public Chain (Layer One), Listed onGate, Bitmart, Osmosi, ERC20
Official Website: https://www.cheqd.io/

About:

cheqd is a market-leading technology company enabling individuals and organisations to take full control of their own data. With this, their vision is to become the de-facto payment mechanism for trusted (authentic) data. This is all in service of a much greater mission: to give people and organisations the ability to control and understand the value of their own data.

Summary of Last Week’s Listings – August 1st to August 7th, 2022

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Name: LCP
Official Website: https://livecryptoparty.com/
Trade here: https://www.lbank.info/exchange/lcp/usdt/#inno

Name: NOAH
Weekly gain: 54%
Official Website: http://noahtechcoin.com/
Trade here: https://www.lbank.info/exchange/noah/usdt/#inno

Name: SUA
Official Website: https://www.suacoin.com/
Trade here: https://www.lbank.info/exchange/sua/usdt/#usd

Name: SQUIDGROW
Official Website: https://squidgrow.wtf/
Trade here: https://www.lbank.info/exchange/squidgrow/usdt/#inno

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/133225

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Blockchain

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

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Blockchain

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

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Blockchain

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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