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Introducing Elvish Magic: A Revolutionary Crypto Project on Binance Smart Chain

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New York, New York–(Newsfile Corp. – June 7, 2023) – Elvish Magic, an innovative and transformative crypto project, is proud to announce its launch on the blockchain network. Designed to empower users with the enchanting potential of blockchain technology, Elvish Magic aims to revolutionize the crypto landscape by offering a unique and immersive experience to its community.

Built on the robust and secure infrastructure, Elvish Magic combines the best features of decentralized finance (DeFi) with the captivating allure of a fantasy-themed ecosystem. With a focus on accessibility, community engagement, and sustainable growth, Elvish Magic aims to provide users with unparalleled opportunities to explore and embrace the magic of the crypto world.

Key Features of Elvish Magic:

The Elvish Magic token lies at the heart of the project. The token represents a ground-breaking step in the evolution of decentralized finance, offering a unique and immersive experience for cryptocurrency enthusiasts.

At the heart of the Elvish Magic ecosystem lies the Elvish Magic Token which serves as the primary currency for transactions within the platform. Users can acquire and trade tokens to access exclusive virtual experiences, acquire virtual assets.

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Elvish Magic’s ambitious vision has garnered significant attention within the crypto community. The team’s commitment to innovation and the seamless integration of blockchain and Virtual Reality is poised to disrupt the industry and propel the concept of the Metaverse into the mainstream.

As the project continues to gain momentum, Elvish Magic invites crypto enthusiasts, investors, and creators alike to join the journey towards a new era of virtual experiences. Stay tuned for updates on Elvish Magic’s upcoming launch and get ready to explore the limitless possibilities of the Metaverse.

Community Governance: Elvish Magic Token is driven by a vibrant and passionate community. Token holders will have the opportunity to participate in community governance, shaping the future of the ecosystem through voting on key proposals and decisions.

Engaging Gamification: Become captivated in a gaming experience with Elvish Magic. Through strategic partnerships and collaborations, Elvish Magic aims to introduce a range of exciting gaming applications that integrate seamlessly with the project’s ecosystem. Whether battling mythical creatures, exploring enchanted realms, or competing with fellow adventurers, users can experience the thrill of gaming while reaping the benefits of blockchain technology.

As Elvish Magic prepares for its official launch, the project is committed to fostering a strong and vibrant community. Regular updates, educational resources, and community events will ensure that every participant has the opportunity to fully understand and embrace the magic of Elvish Magic.

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For more information, visit the official community channels:

Website: https://elvishmagic.com
Telegram: https://t.me/elvishmagic
Twitter: https://twitter.com/elvishmagicpad
Email: [email protected]
Name: Aditya Singh

About Elvish Magic:

Elvish Magic $EMP is a visionary crypto project built on blockchain network. By combining the power of DeFi, Virtual Reality and gamification, Elvish Magic aims to create a captivating ecosystem where users can explore and experience the magic of blockchain technology. With a strong commitment to community engagement and sustainable growth, Elvish Magic is poised to redefine the boundaries of the crypto world.

Disclaimer:

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This announcement is not directed at any investors or potential investors and does not constitute an offer to sell or a solicitation of an offer to buy any securities and may not be used or relied upon in evaluating the merits of any investment. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in this release are subject to change without notice. The contents herein should not be construed as or relied upon in any manner as investment, legal, tax, or other advice.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/168435

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

FreeBnk debuts the ‘Zillow’ of tokenized Real-World Assets

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FreeBnk, the fintech platform offering affordable financial services for crypto investors, launches its tokenized RWA (real-world asset) platform to enable its clients to invest in real estate through fractionalized ownership. Through FreeBnk’s app, clients can effortlessly purchase shares of the first property located in Dubai, democratizing real estate investing by eliminating traditional barriers such as complex paperwork, similar to the seamless experience of browsing and investing on Zillow. Investors of FreeBnk’s tokenized RWAs will receive a 15 percent annual return and a 9 percent rental return from their investment.

Tokenized RWAs have exploded in demand within the digital asset ecosystem, drawing interest from both crypto investors and traditional financial institutions. This sector has become one of the largest in DeFi, with DEX volume experiencing substantial growth from $2.3 billion in December 2024 to $3.6 billion by April 2024. Amidst the escalating global cost of living, tokenized RWAs emerge as an alternative and more accessible investment option offering potentially higher returns, democratizing access to market-proof assets. However, the UI and UX continue to be complex and unfriendly for users unfamiliar with these platforms.

With the launch of its new platform, FreeBnk simplifies wealth-building opportunities by offering ownership shares in properties for potentially generating passive income. Now live within its native mobile app, the decentralized application (dApp) removes the complexities of property ownership, enabling investors to readily enter the tokenized RWA sector. The process involves three straightforward steps:

Search properties: Through the FreeBnk app, users will be able to explore properties, filtering by type, ROI, and yield—allowing investors to align their property investments precisely with their financial objectives.
Buy shares: Users will be able to select their desired property and invest any amount in a few, simple steps. FreeBnk helps to bypass traditional real estate processes and manages all aspects of property ownership using smart contracts.
Earn rental income: FreeBnk automatically assigns a property portfolio to its customers, taking care of all real estate management responsibilities. This service includes collecting and depositing rental income directly into the client’s accounts.
Clients ready to capitalize on property appreciation can conveniently sell their shares at any time through FreeBnk’s secondary market. FreeBnk is committed to offering top-quality real estate, already investing over 250,000 AED into its first property. As a hub for innovation and growth, Dubai sets the stage for global expansion with its growing real estate market and investor-friendly environment.

“As we look ahead, we see the potential of tokenized RWAs and the positive ways in which they can revolutionize the real estate market through fractional ownership,” says Yunus Emre Ozkaya, CEO of FreeBnk. “By tokenizing properties, our goal is to empower investors across the globe, showcasing the unique benefits of tokenized RWAs and offering new avenues for investment. Real estate, known for its relative stability, provides a passive income opportunity amidst global economic fluctuations. We aim to cater not only to crypto enthusiasts but also to newcomers seeking alternative investment options.”

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The post FreeBnk debuts the ‘Zillow’ of tokenized Real-World Assets appeared first on HIPTHER Alerts.

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DeFi Technologies Expands BTC Treasury Holdings and Diversifies into Solana, CORE and CORE DAO Staking

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DeFi Technologies Inc. (the “Company” or “DeFi Technologies“) (CBOE CA: DEFI) (GR: R9B) (OTC: DEFTF), a financial technology company that pioneers the convergence of traditional capital markets with the world of decentralised finance (“DeFi“), is pleased to announce the expansion of its digital asset treasury strategy. The Company has purchased an additional 94.34 BTC, bringing its total BTC holdings to 204.34 BTC. Additionally, the Company  has acquired 12,775 SOL tokens and 1,484,148 CORE tokens, with plans to actively participate in CORE DAO’s staking facility.

Expanded Bitcoin Holdings

Following the Company’s initial acquisition of 110 BTC in June 2024, the Company has continued to bolster its confidence in BTC as a primary treasury reserve asset. The additional purchase of 94.34 BTC, for a total of 204.34 BTC reaffirms the Company’s commitment to this leading digital asset, recognizing its unique characteristics as a scarce and finite asset, and its potential as a hedge against inflation and a safeguard against monetary debasement.

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Addition of Solana (SOL) to Treasury

In a strategic move to diversify the Company’s treasury, the Company has acquired 12,775 SOL tokens. SOL stands out with its high-performance, permissionless blockchain, capable of processing up to 65,000 transactions per second, thanks to its unique Proof of History and Proof of Stake combination. This scalability and efficiency surpass many of its peers.

SOL’s low transaction fees and rapid processing times lower barriers for developers, fostering a strong user base and impressive fee generation. The platform’s trading volume has reached US$393.71 billion, indicating robust market activity and user engagement. The liquidity Total Value Locked (“TVL“) stands at US$865.97 million, reflecting substantial assets held in liquidity pools, which support trading activities. Since its inception, SOL’s decentralized finance landscape has attracted 24,591,311 traders and executed 1,847,335,349 swaps, highlighting its high transactional activity and efficiency.

Overall, SOL’s technical strengths, significant market activity, and ongoing enhancements position it as a promising investment, offering a scalable and efficient platform for a wide range of decentralized applications.

Addition of CORE To Treasury and Participation in CORE DAO’s Staking

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The Company is also pleased to announce that it has purchased 1,484,148 CORE tokens and intends to participate in CORE’s staking facility. CORE’s innovative staking solution enables holders to stake BTC non-custodially enhancing yield opportunities and contributing to network security and stability. The Company’s participation in this staking facility not only diversifies its income streams but also strengthens its collaborative relationship with CORE Foundation and involvement in the broader DeFi ecosystem. CORE is proving to be a leading BTC scaling chain with over 55% of BTC hash rate participation,US$138.5M in TVL, and 5,000+ BTC staked (~US$320M).

“We are thrilled to announce these significant advancements in our digital asset treasury strategy,” said Olivier Roussy Newton, CEO of DeFi Technologies. “Our increased BTC holdings, strategic investment in SOL, CORE and participation in CORE’s staking facility reflect our commitment to leveraging the most promising opportunities in the decentralized finance landscape. These actions not only diversify our balance sheet but also align with our mission to bridge traditional capital markets with the innovative world of DeFi.”

The post DeFi Technologies Expands BTC Treasury Holdings and Diversifies into Solana, CORE and CORE DAO Staking appeared first on HIPTHER Alerts.

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Blockchain

Crypto Price Predictions: Comprehensive BlockchainReporter Platform Helps Cryptocurrency Investors Stay Ahead Of Market Volatility

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