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Blockchain

Umbria Network Announces Second Airdrop of 100,000 UMBR Tokens

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Umbria – the layer 2 DeFi protocol – is implementing another round of free distribution of its native governance token ($UMBR).

Anyone holding a minimum of 100 UMBR or two UMBR-ETH Liquidity Pool (LP) tokens at the time of the snapshot will be eligible to claim a share of the 100,000 UMBR airdrop directly into their MetaMask wallet on May 15th. Those who have staked their UMBR-ETH LP tokens in the Umbria Farm will also qualify whilst simultaneously earning an attractive APY.1

The amount of UMBR airdropped to participants will be proportional to their UMBR and UMBR-ETH LP holdings (or stake) relative to the total amount of tokens held by the community at the time of the snapshot. UMBR holders will receive a portion of 33.4% of the 100,000 UMBR airdrop allocation and those that provide liquidity to the UMBR-ETH liquidity pool in Uniswap will receive a share of an allotted 66.6% on the 15th of May.

The snapshot of the Ethereum blockchain will be taken on April 15th at 5pm BST and will take note of all holders of each token. Those eligible need to visit airdrop.umbria.network and press the “Claim Airdrop” button on May 15th to get their share of the airdrop.

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Further details can be found here: https://airdropalert.com/umbria-airdrop and more information is included in the Airdrop FAQs. The Umbria Airdrop Bounty Program offers a number of ways to earn UMBR in return for completing different social media tasks to help promote the Umbria Airdrop. Find out more by visiting our Medium blog.

Umbria (https://umbria.network/) is an opensource project on a mission to demystify and simplify DeFi and get people earning income on their crypto. The project’s governance token

UMBR is available on Uniswap. UMBR-ETH Liquidity Pool Tokens – which qualify for a larger proportion of the airdrop – are obtained by adding liquidity to the UMBR-ETH Liquidity Pool on Uniswap; the pool recently hit $1 million in liquidity.

“The first airdrop was very well received and we’re seeing a lot of UMBR holders depositing into the Umbria Farm to additionally capitalise, which is great for the whole Umbria Network ecosystem,” said Oscar Chambers, Co-Lead Developer at Umbria. “With the next airdrop we’re looking forward to rewarding existing holders further and introducing new participants at this early adoption stage.”

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Wladimir P. is a Content Editor at European Gaming Media and at PICANTE Media and covers a large variety of industries.

Blockchain

Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)

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Building Customer Trust in AI with Blockchain

Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.

Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.

Source: Harvard Business Review

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Blockchain at a Crossroads: Balancing Promise and Peril

As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.

The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.

Source: Cointelegraph


BRICS vs. USD: Blockchain’s Role in Economic Shifts

The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.

This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.

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Source: CoinGeek


Hungri Games Expands MetaHorse Unity to Base Blockchain

Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.

By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.

Source: CoinTrust


Nano Labs Purchases Trump Tokens to Celebrate Presidency

Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.

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The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.

Source: PRNewswire


Final Thoughts: Blockchain’s Expanding Horizons

This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.

While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.

 

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Blockchain

CoreNest Capital Announces Strategic Investments in SpaceX, CTGT, Open Clinic, Asha Health, CollectWise, Curo, Hybrd, and Study Dojo

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OpenAI, xAI, SpaceX, Weave Robotics, Blaze Payments, Domu AI, Phonely AI, Andromeda Surgical, Texture Capital, Artisan AI, Piramidal,Avatar Medical, OpenCall, Fleak AI, Algorized, itsElectric, Dili, CTGT, Open Clinic, Asha Health, CollectWise, Curo, Hybrd, Study Dojo, Sologenic, Coreum, Pulsara

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Blockchain

The World Market for RegTech 2025-2030: Growth Trends, Industry Chain Analysis, Regional Insights, SWOT Analysis and Market Shares of Leading Players – Thomson Reuters, Deloitte, PwC, Accenture, IBM & More

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