Blockchain
SeedOn rolls out non-custodial wallet for enhanced security and greater user control over assets
SeedOn, a blockchain-based crowdfunding platform, unveils several key new features to its wallet, SeedOn Finance, ahead of the upcoming launch of its equity crowdfunding platform. SeedOn Finance is in the process of transitioning into a fully functional launchpad capable of supporting flexible or locked staking, vesting, and a non-custodial wallet application to provide users with complete control over their crypto.
In the wake of the FTX, Celsius, and other centralized exchange (CEX) crashes, investors are seeking secure ways to grow their crypto investments through which they control their private keys, and have flexibility over what they want to do with their crypto. With so many retail investors already losing their life savings in failed CeFi ventures, the demand for more decentralized finance (DeFi) services is expected to explode.
SeedOn’s development of its non-custodial SeedOn Finance wallet enriches the platform’s ecosystem by enabling users to control their own private keys, and therefore their crypto. Users will have the opportunity to connect their SeedOn hot wallets to SeedOn Finance to purchase crypto with fiat money, with the funds being directly transferred to the non-custodial wallet. SeedOn Finance supports staking and vesting without having to make a deposit or withdrawal from the web app. Wallet users will also have the ability to swap tokens without making a deposit.
SeedOn’s platform makes equity crowdfunding safer for investors and entrepreneurs alike by leveraging the transparency provided by blockchain technology. The platform releases the raised funds in stages based on the achievement of specific milestones, returning remaining funds if a project falls short of any milestone. Projects looking to raise money on SeedOn undergo a three-step verification procedure before they are approved. The native SEON token is the currency powering SeedOn’s entire ecosystem.
“Whether an institutional or retail investor, everyone is beyond frustrated with the lack of accountability plaguing the crypto industry right now,” says Constantin-Claudiu Minea, Co-Founder and CEO of SeedOn. “By converting SeedOn’s wallet, SeedOn Finance, into a non-custodial wallet, users will be able to manage their own private keys, bringing peace of mind to investors in a time where it is desperately needed. SeedOn aims to not only make equity crowdfunding transparent, but also to make staking and other DeFi activities more secure and accessible.”
Blockchain
Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)
Building Customer Trust in AI with Blockchain
Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.
Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.
Source: Harvard Business Review
Blockchain at a Crossroads: Balancing Promise and Peril
As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.
The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.
Source: Cointelegraph
BRICS vs. USD: Blockchain’s Role in Economic Shifts
The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.
This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.
Source: CoinGeek
Hungri Games Expands MetaHorse Unity to Base Blockchain
Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.
By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.
Source: CoinTrust
Nano Labs Purchases Trump Tokens to Celebrate Presidency
Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.
The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.
Source: PRNewswire
Final Thoughts: Blockchain’s Expanding Horizons
This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.
While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.
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Blockchain
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Blockchain
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