Blockchain
ACE Exchange Unveils Taiwan’s First-ever Basketball Player Non-Fungible Tokens (NFTs) Cardpack Featuring Hsinchu JKO Lioneers
ACE Exchange, a leading cryptocurrency exchange based in Taiwan, has joined hands with Hsinchu JKO Lioneers, a professional basketball team of Taiwan’s P.LEAGUE+ (PLG), to debut an exclusive collection of non-fungible token (NFT) trading cardpack featuring five of the team’s most popular players.
Starring Kuo Hao, Kao, Tian Hao, Wu Tai-Hao, Chieng Tli-Huan and Hsiao Shun-Yi, the release of the Lioneers NFT cardpack includes 100 limited edition cards and 1,000 standard cards.
The cardpack is now available on the NFT trading platform OpenSea.com.
An NFT is a crypto asset that uses blockchain technology to record the ownership status of a digital object, with each digital item having unique authenticity that only one owner can be established. Curated by Hsinchu JKO Lioneers and ACE Exchange, all of the newly unveiled NFTs are securely stored in a smart contract with all the transaction records sealed and traceable in a digital ledger, eradicating any possibility of forage.
This new project comes as the popularity of NFTs continues to surge this year as the sales reached a new height in the second quarter of 2021. Digital content creators, who used to monetize their works on YouTube, Instagram, TikTok and Spotify, are the biggest beneficiaries of the NFT boom. The blockchain-encrypted NFTs grant uniqueness to their art works, preventing forgery which offers a guarantee to both creators and collectors.
“NFTs have emerged as a new trend for the global investors thanks to their diversity. According to a report released by PWCC MARKET, the five-year return rate of NFT player cards invested in 2015 is up to 221%, double the 109% return rate of S&P 500 stock portfolio investments. I believe Taiwan can keep up and ride with the strong momentum of the NFT boom, with Hsinchu JKO Lioneers being a pioneer who will develop PLG into a diverse basketball league in the future”, said David Pan, founder of ACE Exchange.
Lioneers NFT cardpack
Issuer: Hsinchu JKO Lioneers, ACE Exchange
Name: The Rising Hsinchu Jko Lioneers Aces
Featured Players: Kuo-Hao, Tian Hao, Wu Tai-Hao, Chieng Tli-Huan and former player Hsiao Shun-Yi
Limited Edition Cards: Each of the 150 cards (30 for each of the five players) is priced at 0.09 Ether
Standard Edition Cards: Each of the 1,000 cards (200 for each of the five players) is priced at 0.08 Ether
(Users can purchase the NFT cards on OpenSea.com via Ether after transferring the cryptocurrency to their digital wallets such as Metamask)
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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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