Blockchain
Online Blockchain plc: Umbria DeFi Launches Airdrop Bounty Program to Reward Social Media Marketers
Decentralised Finance (DeFi) protocol Umbria has initiated the first phase of its bounty program.
Umbria – https://umbria.network/– is inviting crypto enthusiasts with social media flair to spread the word about the project’s upcoming Airdrop and earn $UMBR in return. By performing specific social media tasks, participants will be rewarded with varying amounts of Umbria protocol’s governance token (currently traded on Uniswap).
Anyone creating approved content relating to the Umbria Airdrop such as YouTube videos, blog posts and infographics or raising awareness on social media platforms including Twitter, Facebook, Quora, LinkedIn, TikTok, Bitcointalk or Reddit will be paid in UMBR. The full details and list of social media activities and bounty available can be viewed here.
To claim the rewards for completing an Airdrop-specific bounty task, proof should be submitted to the bounty-program channel of Umbria’s Discord. Once verified, participants will receive Umbria through the Polygon sidechain directly into their Metamask[1] wallet. 10,000 UMBR has been allocated for this initial part of the bounty program.
Umbria, whose governance utility token UMBR can be bought, swapped and added to liquidity pools on Uniswap, recently took the snapshot for its first Airdrop, which will take place on April 2nd: Umbria DeFi Platform Announces First Airdrop of its UMBR Token
The next snapshot (snapshot of the ledger to determine existing UMBR holders) for the second airdrop will take place on April 15th.
- Users who hold 100 UMBR will receive a portion of 33.4% of the 100,000 UMBR airdrop allocation relative to the total amount of tokens held by the community on the 15th May
- Umbria holders who provide liquidity to the UMBR-ETH LP pool in Uniswap will receive a portion of 66.6% of the 100,000 UMBR airdrop relative to the total amount of LP tokens held by the community on the 15th May
- The number of tokens received will be a percentage of the airdrop divided by the total UMBR and UMBR-ETH held by the community. This value is calculated at the time of the snapshot
“We want the community to spread the word, engage and interact with the brand and earn Umbria,” said Oscar Chambers, co-founder and co-lead developer of Umbria. “We’ve seen a lot of interest surrounding the first airdrop and the project in general and want to organically build on this and get more people involved and reaping the benefits.”
If you are interested in becoming an official Umbria Ambassador and earning additional UMBR please get in touch at [email protected] using the subject ‘Brand Ambassador’ in your email.
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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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