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Globiance Teaming up with Inac Consulting to Introduce Launchpad Option to XDC DeFi Hackathon Participants

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Berlin, Germany–(Newsfile Corp. – November 3, 2022) – In the latest record, Globiance has partnered with Inac Consulting to introduce the launchpad option to XDC DeFi Hackathon participants at https://xdc.devpost.com/. With this new development, Globiance also provides new strategies to increase Hackathon Prizes.

The prize for first place in the DEX innovation category increases to 15,500$ and additionally an entirely new Globiance Launchpad Prize of USD 2000 will be added. Therefore, Globiance and Inac Consulting invite all Blockchain Developers to participate and use this excellent opportunity to make their DeFi dreams a reality and tokenize and bring it to the market. During the Online Hackathon, people can join solo, with teams, or even find their new Dream Team.

The Hackathon continues until December 19 at 5:00 p.m. ET to build the dream DeFi project on XDC Network. Participating Teams can apply for Globiance XDC, Rapid Launch Initiative, which contains the following benefits:

  1. Opportunity to continue building and bring it to the market.
  2. Globiance Exchange can list and get started on all XRC-20 projects quickly.
  3. Globiance can provide the support they need for the token launch. It doesn’t matter if it is marketing, regulatory, or KYC support and more.

Globiance can take up the KYC process as a regulated exchange. The platform ensures that the users and transactions are checked/provided and that they can offer the product following AML. It includes many pairing options such as XDC, USDG, EURG, etc., with two listings right from the start – CEX & DEX.

In addition, first-place winners, depending on the category, will receive $15,500, second-place finishers will receive $7,000, 5 participants will receive $1,000 as honorable mentions, and the Launchpad prize winner will receive $2,000 in USDT. All prizes will be paid in XDC cryptocurrency.

About Globiance:

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The company has established itself as a crypto platform in the digital space; started in 2018, Globiance is focusing on a long-term strategy to create a seamless FIAT-CRYPTO integration into daily life. Its mission is to help its customers to enable their financial freedom.

Globiance is situated in Argentina, Australia, Brazil, Lithuania, Singapore, Switzerland, and more, opening shortly. It provides financial services for corporate and retail customers. The Globiance platform covers the exchange and trading of crypto and fiat currencies (SGD, EUR, HKD, GBP, USD, etc.), stablecoins in significant currencies, payment solutions, and worldwide transfers.

About Inac Consulting

Founded in Germany in March 2022. Providing growth and Developer services with focus on sustainability and decentralization. They have developed standardization and implemented innovations for Hackathons and developer interactions with market leading ideas.

Inac Consulting has been specialized and focused on developing and expanding the XDC Developer Community. That’s why they have recently proposed the Europe initiative to the XDC Community up for voting until 15.th Nov,2022. 

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About XDC Network

The XDC Network is a Layer 1 EVM (Ethereum Virtual machine) compatible network, which means what runs on Ethereum will run on XDC Network. The enterprise-grade XDC Network is consistent with ISO 20022 financial messaging standards and can power many novel blockchain use cases.

Equipped with public and private states, the XDC Network was designed to meet the needs of enterprises concerned about information transparency and data privacy.

Intending users can visit the following links for further information:

Globiance | Hackathon Registration | XDC Network

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Globiance Logo

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8703/142863_0e95c4e0847d0a5a_001full.jpg

Email: [email protected]
Contact Person Name: Can Inac
Company name: Xinfin

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/142863

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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

Daily Crypto News: BlockchainReporter Empowers Crypto Enthusiasts and Traders with Critical Information to Make Informed Decisions

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Blockchain

Alpha Sigma Capital Research Releases May Report on ASC AI Index

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Blockchain

Blockchain Firm Squad Labs Raises $10 Million for Smart Wallet

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Squad Labs announced that its Series A funding round, led by Electric Capital with participation from RockawayX, Coinbase Ventures, L1D, Placeholder, and Mert Mumtaz, will propel the launch of its Fuse smart wallet. The company aims to establish Fuse as a premier solution for securing and compounding personal digital wealth amid the growing onchain economy.

According to the company’s news release on June 12, smart accounts and smart wallets are gaining traction across blockchains as they offer a more intuitive, secure, and programmable user experience. Fuse abstracts seed phrases and provides features like wallet recovery, 2FA capabilities, and enterprise-level security for personal custody, simplifying the choice of storing digital wealth on-chain.

In addition to securing funding, Squad Labs also announced the public testing launch of Fuse on iOS. This move is part of their strategy to expand accessibility and refine functionality ahead of a full market release.

Meanwhile, a recent report from PYMNTS Intelligence explores blockchain’s role in enhancing cross-border payments. It suggests that integrating blockchain can streamline payment processing, enable digital-to-fiat currency conversion, and introduce stablecoins for faster and cost-effective cross-border transactions. Business-friendly decentralized finance (DeFi) solutions further automate and secure transactions via smart contracts, reducing dependence on traditional payment systems and enhancing security and transparency.

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The report underscores the significance of educating businesses and end-users about the benefits of blockchain-based cross-border payments. It advocates for partnerships with FinTechs and proactive engagement with financial institutions to drive adoption and improve industry-wide support for blockchain technologies in payments.

Overall, Squad Labs’ funding round and Fuse’s development represent strategic advancements in blockchain technology aimed at enhancing digital wealth management and transforming cross-border payment landscapes.

Source: pymnts.com

The post Blockchain Firm Squad Labs Raises $10 Million for Smart Wallet appeared first on HIPTHER Alerts.

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