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Iconic Fashion Brand Dundas Collaborates with Polkadot, Unique and UME to Bring Web3 to Paris Fashion Week

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Designer to the world’s biggest celebrities, DUNDAS will award 340 Proof-of-Attendance NFTs to exclusive guests at its D24 show

Paris, France–(Newsfile Corp. – March 14, 2023) – DUNDAS, the women’s designer clothing brand by the renowned Peter Dundas, in conjunction with Polkadot, the next-generation blockchain network, is dropping its D24 collection of NFTs called “DUNDAS PFW 2023”, Proof of Attendance Protocol (PoAPs) at Paris Fashion Week.

PoAP refers to an NFT (non-fungible token) that is given to participants in an event, course, or activity. Essentially, it is a badge of honor or recognition for having been present or having participated in an online or in-real-life happening.

DUNDAS will drop a total of 340 PoAP tokens to individuals attending their show, which will provide exclusive access to their own unique D24 Collection Paris Fashion Week show PoAP, ushering in a new Web3-powered DUNDAS community.

The D24 collection PoAP, designed by award-winning creative studio UME.

The PoAP tokens will be minted on Unique Network, a sustainable NFT blockchain in keeping with DUNDAS’ commitment to sustainable fashion.

The design of the PoAPs is based on Peter Dundas’ creative designs, which have been selected and worn by celebrities.

Evangelo Bousis, Founder and Image Director of DUNDAS, said: “DUNDAS has been heavily invested in the intersection of Web3 technologies and fashion since the beginning of this movement. The support of industry leaders like Polkadot and our strategic partnerships with UME and Unique Network helps bring this all to life. PoAPs are just the beginning. We can’t wait to show the world all the groundbreaking experiences we’re building together.”

Alexander Mitrovich, CEO Unique Network, said: “DUNDAS and UME Studio are pushing the boundaries of NFTs beyond digital collectibles, integrating them into the very definition of innovation within the fashion world. We support their mission to do so in a sustainable, user-friendly manner.”

Victoria Bousis, CEO & XR Director UME Studio, said: “As a female director in the space, I was inspired by the narrative behind Peter Dundas’ iconic designs and the DUNDAS woman: a confident, unapologetic, and resilient figure. We drew inspiration from Peter Dundas’ creative vision for the PoAP collection to foster enriching narratives and experiences for a diverse and growing community of digital fashion enthusiasts.”

Björn Wagner, CEO of Parity Technologies, a leading contributor to the Polkadot network, said: “This is the type of collaboration we love to see in the Polkadot ecosystem, utilizing Polkadot’s boundary-pushing technology to bring new, engaging experiences for people who may have never interacted with a blockchain before.”

The D24 collection was designed with the mainstream consumer in mind and offers a seamless user experience. Individuals on the exclusive guest list will be able to claim their PoAP in just a few clicks, without needing any pre-existing knowledge of Web3 wallets or blockchain.

To learn more about the D24 collection, visit dundasworld.com.

About DUNDAS
Peter Dundas launched his eponymous lifestyle brand in unconventional style, debuting with Beyoncé Knowles at the 2017 Grammy Awards. With partner Evangelo Bousis, DUNDAS was created around a non-seasonal structure of timeless and seasonless capsule collections to meet the needs of the brand’s clientele. The Dundas woman has a nomadic spirit – she is a global traveler and values style over trends. For more information, visit dundasworld.com.

About Polkadot
Polkadot provides the technical advances necessary to make blockchain technology practical, accessible, scalable, interoperable, and future-proof, removing limitations and barriers to entry, and thereby fueling innovation, growing the decentralized technology space, and bringing the Web3 vision to life.

About UME
Recently awarded the PGA Innovation Award for 2023, UME is an innovative 3D studio that creates iconic stories and branded digital assets for web 3.0, groundbreaking immersive XR experiences, and “made in-engine” films and series via virtual production pipelines. UME bridges cinema, technology, and gaming through emotive virtual humans, fantastical worlds, and meaningful gaming interactions to pioneer the future of storytelling across platforms and audiences.

About Unique Network
Created as a gateway to capturing real value on the blockchain, brands and creators can use the powerful NFT-specific tools provided by Unique Network to design unique NFT use cases and build advanced economies. SDKs and Pallets may also create extensible applications, including Refungible Tokens, Nested NFTs, bundled fungible tokens, and sponsored transactions.

Unique aims to inspire mass adoption of NFTs by creating a purpose-built NFT chain accurately depicting how real-world assets and owners interact.

Media Contact:

Charu Sethi, CMO of Unique Network
Email: [email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/157977

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

Cardano Foundation Launches PRAGMA: A New Chapter in Open-Source Blockchain Development

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The Cardano Foundation has announced the launch of Pragma, marking a significant milestone in open-source blockchain development. Pragma aims to revolutionize Cardano by enhancing its infrastructure through innovative open-source projects.

Pragma represents a new chapter in the evolution of Cardano, focusing on improving its underlying infrastructure and expanding its capabilities. The initiative underscores the Cardano Foundation’s commitment to fostering innovation and driving progress within the blockchain ecosystem.

By leveraging open-source projects, Pragma seeks to enhance Cardano’s functionality and scalability, paving the way for broader adoption and increased utility. These efforts are expected to unlock new opportunities for developers and users alike, further cementing Cardano’s position as a leading blockchain platform.

Pragma’s launch highlights the ongoing evolution of Cardano and its commitment to pushing the boundaries of blockchain technology. Through collaborative open-source development, Pragma aims to address key challenges and drive continuous improvement within the Cardano ecosystem.

The Cardano Foundation’s announcement of Pragma signals a significant step forward in its mission to build a decentralized and sustainable blockchain infrastructure. With Pragma, Cardano is poised to embark on a new era of innovation and growth, setting the stage for a future of unprecedented possibilities in blockchain development.

Source: cryptonews.com

The post Cardano Foundation Launches PRAGMA: A New Chapter in Open-Source Blockchain Development appeared first on HIPTHER Alerts.

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Blockchain

Indonesian President Cautions Against Crypto in Money Laundering Risks

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The President of Indonesia has issued a warning regarding the potential risks of cryptocurrency-related activities, particularly concerning money laundering. This caution comes amidst growing concerns about the misuse of cryptocurrencies for illicit purposes.

The Indonesian President has raised alarms about the possibility of cryptocurrencies being utilized for money laundering schemes. This apprehension underscores the need for enhanced vigilance and regulatory measures to combat financial crimes involving digital assets.

Indonesia’s stance reflects broader global efforts to address the regulatory challenges posed by cryptocurrencies and their potential implications for financial stability and security. Authorities worldwide are increasingly scrutinizing cryptocurrency transactions to prevent illicit activities and safeguard the integrity of the financial system.

In light of these concerns, Indonesia is likely to implement stricter regulations governing cryptocurrency exchanges and transactions. Such measures aim to mitigate the risks associated with money laundering and other illicit activities facilitated by cryptocurrencies.

The Indonesian government’s cautionary approach underscores the importance of striking a balance between fostering innovation in the cryptocurrency sector and safeguarding against financial crimes. As the cryptocurrency landscape continues to evolve, policymakers and regulators face the ongoing challenge of adapting regulatory frameworks to address emerging risks and protect the integrity of the financial system.

Source: cryptonews.com

The post Indonesian President Cautions Against Crypto in Money Laundering Risks appeared first on HIPTHER Alerts.

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Blockchain

SEC Faces Lawsuit from CFAT and Blockchain Association

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The U.S. Securities and Exchange Commission (SEC) finds itself entangled in a legal battle following a lawsuit filed against it by the Crypto Federation of American Technology (CFAT) and the Blockchain Association. This lawsuit challenges the SEC’s recent regulations regarding digital assets.

The CFAT and the Blockchain Association have taken legal action against the SEC, disputing its regulatory approach to cryptocurrencies and other digital assets. This move comes amidst growing tension between regulators and the crypto industry.

The lawsuit challenges the SEC’s authority and the legality of its actions, particularly regarding the classification of digital assets as securities. The plaintiffs argue that the SEC’s regulations are overly broad and lack clarity, causing confusion and hindering innovation in the crypto space.

Moreover, the lawsuit alleges that the SEC’s regulatory framework stifles competition and unfairly favors certain market participants. The plaintiffs assert that the SEC’s actions harm consumers and hinder the development of innovative blockchain technologies.

In response, the SEC has defended its regulatory approach, emphasizing the need to protect investors and maintain market integrity. The agency maintains that its regulations are necessary to prevent fraud and ensure compliance with securities laws.

The outcome of this legal battle could have significant implications for the future of the crypto industry in the United States. Depending on the court’s ruling, it could either provide clarity and regulatory certainty for market participants or further complicate the regulatory landscape for digital assets.

Source: analyticsinsight.net

The post SEC Faces Lawsuit from CFAT and Blockchain Association appeared first on HIPTHER Alerts.

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