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
Blockchain
Switzerland Regulatory Technology Business Report 2024: Market to Surpass $550 Million by 2029, Driven by Collaborative Opportunities and Data Privacy Solutions
Swiss RegTech Market
Following a management buy-out by the management team at TOKO FZE, the business has been rebranded as Scintilla, the revolutionary platform providing on-chain solutions and services to make investments more inclusive, accessible, and efficient. Having been developed within DLA Piper’s Law& innovation portfolio, TOKO – now Scintilla has a fresh brand identity, new leadership, and innovative product offerings. Scintilla is set to reshape the future of finance by enabling businesses to unlock the power of blockchain technology across various asset classes, with DLA Piper remaining as a minority shareholder.
Regulated by Dubai’s Virtual Assets Regulatory Authority (VARA), Scintilla is one of the first digital asset companies to gain full market licenses, marking a significant milestone in the sector’s landscape. Being a regulated entity underscores Scintilla’s commitment to the highest standards of compliance and security while pioneering new solutions for tokenization in the global market.
Innovating Finance Through Tokenization
Scintilla offers a comprehensive suite of tokenization services designed to bring liquidity, transparency, and efficiency to traditional finance sectors. From tokenized financial products, and real estate all the way to new legal funding products, Scintilla’s digital asset solutions enable clients to tokenize assets that were previously inaccessible to investors or illiquid.
Scintilla’s services include:
Advisory Services: The gateway to successful market entry. From initial opportunity assessment to strategic development of game-changing tokenization-based solutions.
Use Case Development: Bringing products to life. From initial POC development and iteration towards MVP all the way through to the full market launch.
Broker/Dealer Services: Creating new markets. Regulated primary market trading, ensuring the highest levels of trust and security within the tokenization space.
Exchange Services: Universal participation. Seamless, secure secondary trading of tokenized assets, with industry-leading technology and compliance standards.
Scintilla is uniquely positioned to capitalize on the confluence of Dubai’s world-leading regulatory environment, cutting-edge technology, and the burgeoning RWA market.
A New Era for Scintilla
The relaunch of Scintilla represents more than just a rebranding—it signifies the company’s growing ambition to lead in the digital asset space. With an expanded team of industry experts, including continuing Board representation from DLA Piper, and a clear strategic vision, Scintilla is set to drive the adoption of tokenization in traditional financial markets.
“Our relaunch marks the beginning of an exciting new chapter for Scintilla and the wider industry. We are committed to pushing the boundaries of what is possible in digital finance while ensuring our solutions are underpinned by strong regulatory compliance,” said Tim Popplewell, CEO of Scintilla. “With our new suite of products and services, we are empowering investors to transform the way they manage and access value.”
Jean-Pierre Douglas-Henry, Managing Director, Sustainability and Resilience, DLA Piper added: “Innovation is a key strand in our business strategy. As our business focuses on developing and nurturing innovations that add significant value to our clients through our Law& innovation program, it is fantastic to see this solution spun out into the thriving digital asset space for the next stage of its growth and development.”
The post DLA Piper’s crypto tokenization engine TOKO relaunches as Scintilla appeared first on HIPTHER Alerts.
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