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Blockchain

MIRL Will Be Listed on the Cryptocurrency Trading Platform MEXC

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Toronto, Ontario–(Newsfile Corp. – October 25, 2022) – MIRL will be listed on the cryptocurrency trading platform MEXC, and its native token MIRL can be traded on this platform. Public information shows MEXC is the world’s top 10 cryptocurrency trading platform. Its core products include spot, leveraged ETF, perpetual contracts, NFT Index, etc., and it supports over 1,500 cryptocurrency transactions. It ranks No.1 in the world in terms of liquidity among the top 50 coins by market capitalization.

MEXC / MIRL

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MIRL is a Web3 project based on fashion wear. In addition to issuing MIRL tokens, it issues a series of NFT characters and launches a wearable device store, MIRL DAO.

NFT holders enjoy the purchase rights of physical wearables, access rights to functions, airdrops of works by collaborating artists, and airdrops of MIRL tokens. In addition, MIRL DAO is a decentralized protocol that supports fashion design, and NFT holders can also enjoy their MIRL DAO membership and participate in community governance.

MIRL brings the fashion industry into the metaverse through community-driven products, wearable NFTs, and talented designers. MIRL provides solutions that can help manage systemic problems in the current fashion industry model.

While fashion has yet to take its place in the current metaverse, the MIRL and FashionFi industries have the potential to grow by building peaceful, mutually beneficial relationships to foster a better and more accessible metaverse.

It is understood that all royalties from the Genesis NFT issued by MIRL and a portion of the profits generated by the MIRL e-shop will be fed back to the DAO, enabling other fashion designers to launch new collections for aspiring designers.

In addition to earning from the Genesis NFT secondary sale, the MIRL e-store, and the MIRL Collection partnership, the DAO will also be the recipient of all of MIRL’s other future business plans.

In the future, MIRL will develop a Wear2Earn fashion program, which allows community members to show their favorite fashion clothing or brands in the MIRL ecosystem and earn rewards through related scenarios. MIRL will also invite brands or vendors to participate in the MIRL community’s Wear2Earn program to increase its brand awareness.

Contact:

Company Name: MEXC
Name: Jenny Sun
Email: [email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/141698

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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Blockchain

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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