Blockchain
Okcoin, Polygon, and The Most Famous Artist Launch First-ever NFT Drop Alongside Token Listing
Okcoin, one of the world’s largest and fastest-growing cryptocurrency platforms, and Polygon, an Ethereum scaling full-stack solution bringing mass adoption to the Ethereum platform, today announced the listing of Polygon’s native MATIC token on Okcoin — available for trading at 10pm ET on September 1. The listing is accompanied by an exclusive Polygon-minted NFT release from 10 members of The Most Famous Artist (TMFA) Community—including the group’s renowned founder Matty Mo aka The Most Famous Artist—that is now available for purchase on OpenSea.
With a current market capitalization of more than $8 billion, MATIC is now available to buy, sell and trade on Okcoin.com and the Okcoin mobile app for iOS and Android. In recognition of the MATIC token listing, TMFA has launched a collection of 10 NFTs, each being a different artist’s interpretation of the Polygon logo. MATIC is the native cryptocurrency of Polygon, a software solution for building scalable and interoperable blockchains. The Polygon-minted NFTs from TMFA are available for purchase in ETH on OpenSea, the largest digital marketplace for NFTs.
“Okcoin is committed to providing the best selection of cryptocurrencies, and Polygon’s MATIC token is on par with the high standards we use to evaluate assets’ utility, underlying technology and governance framework, among other factors,” said Alex Chizhik, Head of Listings at Okcoin. “Polygon plays an important role in the continued adoption of technology — we’ve seen the network’s capabilities in making DeFi transactions quick and affordable since integrating it into Okcoin’s platform. We’re glad to deepen our relationship with Polygon and give more crypto investors access to MATIC.”
“We’re excited for MATIC to be accessible to a wider range of investors through its listing on Okcoin,” said Sandeep Nailwal, Cofounder of Polygon. “The listing’s synergy with TMFA’s respective NFT drop is the first of its kind, demonstrating both Polygon’s value as a platform for building upon and MATIC’s utility as the network’s native currency. This collaboration brings Polygon to life and offers an opportunity for new customers into the network.”
In addition to TMFA founder Matty Mo, the collection’s artists include Vasco Velazquez, Bernie McCabe, Anna Slaughter, Sandy Wu, Morgan Flatt, Mars Eve, Natasha Extract, Narineh Seferian and Gino Burman-Loffredo. All proceeds from the NFTs purchased on OpenSea will go directly to TMFA and the participating artists.
Okcoin customers will also be able to unlock $30 in MATIC rewards after signing up for a special promotion on okcoin.com/polygon and using the “Buy crypto” feature to purchase at least $60 of MATIC on Okcoin. Available for a limited time — terms and conditions apply.
MATIC will be available to users outside the European Union, United Kingdom, Singapore, and Brunei. To learn more about Okcoin, visit Okcoin.com or follow Okcoin on Twitter and LinkedIn. To learn more about Polygon, visit Polygon.technology.
Blockchain
Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)
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
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.
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.
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
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
Blockchain
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