Blockchain
The Animal Farm Is Releasing New Utilities to Support Existing Products
Toronto, Ontario–(Newsfile Corp. – March 1, 2023) – The Animal Farm, an open-source finance platform on the Binance Smart Chain, is preparing to roll out additional utilities that will complement its existing suite of DeFi products. Operating on a fully decentralized model, The Animal Farm has already delivered new innovations to the industry as the first yield aggregation platform that allows users to gain BUSD and BNB, without needing to sell the platform’s native (AFP & AFD) assets.
Animal Farm investors operate as owners of the platform. Animal Farm ownership is based on staking (AFP), the native governance token earned by utilizing the native reward token (AFD) on the platform.
More Lending Options
The Animal Farm is in the final stages of developing a fully decentralized, single asset lending product. This product will allow users to lend crypto assets to a variety of third party cross-chain bridges, where they are used to provide collateral for cross-chain swap liquidity.
Decentralized Gaming Utilities
The Team behind The Animal Farm recently announced the development of a suite of open source, fully on-chain games, designed to provide the game play experience of the centralized competitors while offering verifiably fair games, only possible with DeFi technology. The first game in this series will aim to improve upon a popular model, which will not use cryptographic proofs to prove the fairness of their games.
New Ways to Buy
The Animal Farm will soon be bringing a brand new FIAT Onramp to its list of features, allowing users to purchase tokens for the ecosystem more easily. Investors will soon be able to ‘swipe’ their credit cards (USD, EUR, etc.) directly via a payment widget coming soon to The Animal Farm website.
Animal Farm’s native assets, AFP and AFD, both made appearances as top trending cryptocurrencies on CoinMarketCap in February of 2022, with the popular price tracking website even mentioning the assets via their official Twitter account:
CoinMarketCap – AFD Twitter Mention
CoinMarketCap – AFP Twitter Mention
To learn more about Animal Farm, or how to purchase AFP and AFD, visit the official website and socials (Telegram, Instagram, Twitter, Facebook, Discord, Youtube).
Contact Person: Jason Hatton
Company: Animal Farm
Email: [email protected]
Website: https://www.animalfarm.app
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/156249
Blockchain
Blocks & Headlines: Today in Blockchain – January 28, 2025 (EVIANCX, Abstract, Venice, KPMG, Hashgraph Group)
Blockchain technology and cryptocurrency continue to redefine industries worldwide, driving innovation and creating new opportunities. In today’s edition of “Blocks & Headlines,” we explore major developments across the blockchain space, highlighting new projects, partnerships, and emerging trends.
Blockchain as a Catalyst for Innovation
The blockchain industry’s transformative potential was the focus of a recent report detailing how decentralized technologies are driving innovation in finance, healthcare, and supply chain management. Blockchain’s transparency and immutability are key factors enabling its adoption across diverse sectors.
In particular, the report noted the technology’s ability to enhance trust and efficiency in processes, reducing costs while improving security.
Analysis: Blockchain’s role as a catalyst for innovation is becoming more evident as industries beyond finance embrace its capabilities. The growing interest underscores the need for continued research and development to unlock its full potential.
Source: Cape Gazette
EVIANCX Enhances Cryptocurrency Usage in Latin America
EVIANCX, a leading blockchain platform, has announced new initiatives aimed at increasing cryptocurrency adoption in Latin America. The company is rolling out solutions to address challenges such as accessibility and education, targeting both businesses and individual users.
By simplifying blockchain technology and expanding infrastructure, EVIANCX seeks to empower communities and drive financial inclusion across the region.
Analysis: Latin America’s growing interest in cryptocurrency is fueled by its potential to address issues such as inflation and limited access to traditional banking services. EVIANCX’s initiatives could significantly enhance the region’s blockchain ecosystem.
Source: GlobeNewswire
Abstract: A Consumer Blockchain for the Masses
The launch of Abstract, a highly anticipated consumer-focused blockchain, marks a significant step toward making cryptocurrency more accessible. Abstract aims to simplify blockchain use cases, offering tools and applications designed for everyday users.
By prioritizing user experience and scalability, Abstract is positioning itself as a gateway for mainstream adoption of blockchain technology.
Analysis: Abstract’s approach to consumer-centric blockchain solutions highlights the industry’s shift toward usability and mass appeal. Simplifying complex systems is crucial for bridging the gap between blockchain enthusiasts and the general public.
Source: PR Newswire
Venice Launches VVV Token to Bridge Blockchain and AI
Venice, a pioneering blockchain project, has unveiled the VVV Token, designed to integrate blockchain with artificial intelligence. The token facilitates data exchange between AI systems and decentralized networks, promising advancements in predictive analytics, automation, and decision-making.
The initiative also includes partnerships with tech companies focused on AI and machine learning, ensuring robust support for the token’s ecosystem.
Analysis: Venice’s innovative fusion of blockchain and AI represents a significant trend in tech convergence. By combining these technologies, the project aims to unlock new possibilities for intelligent, decentralized systems.
Source: CoinSpeaker
KPMG India Partners with Hashgraph Group to Drive Blockchain Adoption
KPMG in India has teamed up with the Hashgraph Group to promote enterprise adoption of Hedera’s distributed ledger technology (DLT). The partnership will focus on delivering blockchain solutions tailored to industries such as finance, healthcare, and supply chain management.
This collaboration aims to leverage Hedera’s high-performance DLT to address scalability and efficiency challenges faced by enterprises.
Analysis: Partnerships like this highlight the growing interest in enterprise-grade blockchain solutions. By collaborating with established firms, blockchain projects can accelerate adoption and address real-world business needs.
Source: PR Newswire
Key Trends and Insights
- Consumer-Centric Blockchain: The launch of Abstract underscores the importance of user-friendly solutions in driving mainstream adoption of blockchain technology.
- Blockchain-AI Convergence: Projects like Venice’s VVV Token highlight the potential of integrating blockchain with artificial intelligence to create smarter, more efficient systems.
- Regional Focus: EVIANCX’s initiatives in Latin America demonstrate the growing importance of localized blockchain solutions that address specific regional challenges.
- Enterprise Collaboration: Partnerships such as KPMG India’s collaboration with Hashgraph Group emphasize the role of established enterprises in accelerating blockchain adoption.
- Broader Adoption: Blockchain’s application across industries continues to expand, showcasing its versatility and potential to drive innovation beyond cryptocurrency.
The post Blocks & Headlines: Today in Blockchain – January 28, 2025 (EVIANCX, Abstract, Venice, KPMG, Hashgraph Group) appeared first on News, Events, Advertising Options.
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