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Nfinitymint Announces Strategic Partnership with Aki Network

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New York, New York–(Newsfile Corp. – October 24, 2022) –  Nfinitymint, a provider of Web 3.0 infrastructure for NFT commerce, has announced a strategic partnership with Aki Network.

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As part of this partnership, Aki Network will assist Nfinitymint’s expansion by connecting its vast influencer network. Nfinitymint will work closely with influencers by issuing their first, curated NFT collections to their communities. Influencers can use NFTs to launch their loyalty programs and airdrop community benefits and rewards on Nfinitymint platforms. Fans can also use Nfinitymint’s mobile app to mint NFTs in seconds and interact with the KOLs in the community.

We are excited to partner up with Aki Network as it gives us the ability to help more influencers create and market their NFTs. Web 3.0 is growing tremendously in popularity and we want to help brands and influencers market their digital assets,” CFO Lyv Zhong said.

Aki Network is a data-powered consumer network for Web 3.0 scaling. The network is dedicated to incubating the voices of Web 3.0 and empowering the industry with quantifiable information flow. Aki recently helped EthSign and Synfutures gain strong user momentum.

Nfinitymint is a uniquely positioned one-stop solution for NFT creation and management, with additional NFT-based features such as tiered loyalty programs and tokengating. Nfinitymint looks to serve the influencers and SME market segments in the US, Southeast Asia, and Latin America.

Nfinitymint and Aki Network are committed to providing the best possible experience for their clients and are confident that this partnership will be a major step forward in the development of the NFT ecosystem.

Both parties agreed to explore the untapped NFT market opportunity among influencers.

About Nfinitymint

Nfinitymint allows its users to create, publish, and promote their NFT collections with minimum hassle, enabling them to manage their native community effortlessly.

Influencers and brands can use the “unlockable” feature to airdrop special perks and upsell additional goods and services based on their issued NFTs.

The company was founded by a team of financial and tech professionals from top hedge funds and internet companies.

Contact Person: Lyv Zhong, CFO, Nfinitymint

Contact Email: [email protected]

Website: https://nfinitymint.com/home

Twitter: https://twitter.com/nfinitymint

LinkedIn: https://www.linkedin.com/company/nfinitymint/

About Aki Network

Twitter: https://twitter.com/aki_protocol

Website: https://akiprotocol.io/

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/141623

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

BOX-GameFi Innovation in Entertainment: Integration of Blockchain Technology and Monopoly

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Blockchain

DTCC partners with Chainlink and JPMorgan to pilot blockchain integration for fund data

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As headlines spotlight spot Bitcoin (BTC) exchange-traded fund (ETF) flows and institutions revealing their exposure to BTC ETFs, financial service infrastructure providers are quietly integrating blockchain technology into their systems.

According to a recent report from the Depository Trust & Clearing Corporation (DTCC), the firm conducted a pilot program named Smart NAV in collaboration with Chainlink (LINK). This initiative aimed to extend the capabilities of DTCC’s Mutual Fund Profile Service I (MFPS I), the industry standard for transmitting ‘Price and Rate’ data, also known as ‘NAV data.’

DTCC’s Mutual Fund Services business currently operates MFPS I, offering fund companies an automated solution to deliver prices and daily distribution rates to numerous clients for tens of thousands of mutual fund securities. Traditionally, DTCC collects price and rate data from funds/service providers and distributors, then aggregates and disseminates it at regular intervals through its message queue (MQ) and file-based methods.

The Smart NAV Pilot served as a digital extension of the existing MFPS I service, aiming to broaden and complement its current capabilities. DTCC recognized the growing interest in mutual fund tokenization and saw an opportunity for on-chain price and rate data to facilitate new initiatives. Taking a ‘chain-agnostic’ approach, meaning the ability to disseminate NAV data across virtually any blockchain, was crucial for enabling other use cases to build upon Smart NAV’s foundations.

Ten market participants, including major names like American Century Investments, BNY Mellon, and JP Morgan, collaborated with DTCC and Chainlink on the pilot. They evaluated the feasibility and industry value of implementing a distributed ledger technology (DLT)-based price and rate dissemination solution to unlock new benefits and support experimentation in the asset management space.

The pilot results demonstrated that delivering structured data on-chain and establishing standard roles and processes enabled foundational data to be integrated into various on-chain use cases, such as tokenized funds and bulk consumer smart contracts. This capability can fuel future industry exploration and empower numerous downstream use cases, including brokerage portfolio applications.

The simplest application of Smart NAV is to provide trusted, verifiable data on virtually any blockchain network to support its use in business workflows. During the pilot, DTCC acted as both the provider and governor of the on-chain data solution, while Chainlink’s CCIP served as the interoperability layer. The core capability explored is adaptable across a wide range of use cases, potentially enhancing operational efficiency and streamlining processes.

Based on the positive findings, DTCC sees an opportunity to expand the scope of the pilot to explore broader use cases beyond price and rate data dissemination and across more blockchains.

Source: kitco.com

The post DTCC partners with Chainlink and JPMorgan to pilot blockchain integration for fund data appeared first on HIPTHER Alerts.

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Is Donald Trump’s Recent Crypto-Friendly Stance Genuine Or Opportunistic? Experts Weigh In

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Presidential candidate Donald Trump recently made a surprising endorsement of crypto, suggesting that he would ease hostility towards cryptocurrencies in the US if re-elected.

Trump stated, “If we’re going to embrace it, we have to let them be,” and urged crypto supporters to vote for him. This marks a significant shift from his previous criticisms of Bitcoin and other cryptocurrencies in 2019, where he labeled them as “not money” due to their volatility and lack of intrinsic value, expressing concerns about their potential use in illegal activities like drug trafficking.

Crypto’s Impact on Voter Preferences
With approximately 20% of American adults reportedly holding crypto, candidates are taking notice. Markus Levin of XYO Network sees embracing crypto and implementing solid regulation as a strategic move in elections and sound policy overall. He believes Trump’s apparent positive stance towards the industry will sway some voters in his favor.

Jonathan Thomas of Blueberry suggests that Trump’s crypto-friendly rhetoric may attract voters who prioritize crypto as a single-issue matter.

Skepticism Surrounding Trump’s Crypto Support
However, not everyone is convinced by Trump’s newfound endorsement of crypto. NFT enthusiast Thorne Melcher views it as “flimsy” and warns against the potential for conservative politics to restrict crypto due to its use in areas such as trans hormone replacement therapy and abortions.

While some may see Trump’s support for crypto as a reason to vote for him, others like Stephanie Vaughan of Veda caution against assuming substantial benefits from this endorsement alone. Vaughan highlights the Biden Administration’s hardline stance on crypto regulation by enforcement, which she believes is unworkable and could push voters towards Trump.

Trump’s Strategy to Attract Crypto Voters
Trump’s pivot from crypto skeptic to NFT enthusiast reflects a strategic move to appeal to voters interested in crypto. Vaughan suggests that many crypto-focused voters may have supported Biden in the last election, but Trump is actively courting them by recognizing the industry’s significance.

By acknowledging crypto’s growing influence on voters, Trump aims to draw support away from Biden, positioning himself as the candidate more aligned with the interests of the crypto community.

Source: cryptonews.com

The post Is Donald Trump’s Recent Crypto-Friendly Stance Genuine Or Opportunistic? Experts Weigh In appeared first on HIPTHER Alerts.

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