Blockchain
MongolNFT Coin (MNFT) Listed on MEXC Exchange Today, April 26, 2023
Ulaanbaatar, Mongolia–(Newsfile Corp. – April 26, 2023) – MongolNFT Coin (MNFT) is listed on the MEXC Exchange starting today, April 26th, 2023. For all users of the MEXC Exchange, the MNFT/USDT trading pair was officially available for trading at 12:00 UTC, today on April 26, 2023.
MongolNFT
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Solving the challenges facing Mongolian artists, MongolNFT builds the premier marketplace for authentic Mongolian NFTs. Its native token, MongolNFT Coin (MNFT), was listed on MEXC Exchange at 12:00 UTC on April 26, 2023 to further expand its global reach and help it achieve its vision.
Introducing MongolNFT
In recent years, the world of NFT has picked up steam. However, due to the lack of proper NFT market infrastructure and systematic information about NFTs in Mongolia, the only way for Mongolian content creators and artists to step into the game is solely through foreign NFT marketplaces.
To tackle these issues and provide a boundless potential of NFTs to Mongolians, the first Mongolian NFT marketplace, MongolNFT, was launched. The platform provides not only a place for users to buy and sell digital artworks but also another avenue for influencers and content creators by offering them a unique way of marketing their exclusive content and engaging with their fanbases.
As a legitimate entity, MongolNFT makes legally valid contracts with the creators, along with strict rules intended to prevent any possible copyright violation. The purchasers in the MongolNFT marketplace, therefore, face no conflict on ownership validation. Furthermore, MongolNFT offers Mongolian artists and content creators various ways to reach the worldwide audience by facilitating marketing exposure as a single flow from the marketplace.
In terms of technical aspects, the authentication of any work of art or content on the MongolNFT marketplace is compiled into the blockchain system with a unique smart contract number protecting both the creator and the buyer from potential counterfeit and copyright issues. The platform also provides the artists and creators with a variety of MultiChain options to choose from, on whichever system they want to create their work.
In addition to the NFT marketplace and unique NFT collectibles, MongolNFT will also provide other products and services such as streaming music without boundaries, gaming with play-to-earn, the first multi-layer capital city built in the metaverse, DAO, DeFi, and more.
About MNFT Token
MongolNFT Coin (MNFT) is the utility and governance token of the MongolNFT platform. It can be used in the MongolNFT marketplace to buy and sell NFTs, video streaming platforms with NFT access, gaming, and metaverse investment. And any features, additions, roadmap, etc. of the MongolNFT platform will be decided by MNFT holders based on the DAO.
Based on ERC-20, MNFT has a total supply of 400 billion (i.e., 400,000,000,000) tokens, of which, 35% is provided for private/public IEO, 5% will be used for marketing, 10% is allocated for business development and partnership, 5% is provided for DeFi, 30% is allocated to the team, advisors, and board members,10% is provided for LP, and the remaining 5% is reserved by the company. In June 2022, the MNFT community introduced a Burn protocol, and a total of 96.2 billion MNFT tokens have been burned from the total supply.
MNFT token was previously listed successfully on Bittrex Global and LBANK, and was listed on MEXC Exchange at 12:00 UTC on April 26th, 2023. Investors who are interested in the MongolNFT can easily buy and sell it on MEXC by then.
Learn More about MNFT Token:
Twitter: https://twitter.com/MNFT_World
Discord: https://discord.gg/8NeYj8r2SY
Telegram: https://t.me/+FBHFMqO47zs0NjJl
Learn More about the MongolNFT platform:
Official Website: https://mongolnft.com
Twitter: https://twitter.com/Mongol__NFT
Facebook:https://www.facebook.com/mongolnft
Instagram: https://www.instagram.com/mongolnft/
Contact Details:
Multimedia Entertainment Platform LLC, Mongolnft platform
[email protected]
[email protected].
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/163800
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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