Blockchain
HOGE Announces Collaboration With The DeFi Angels
The Original DeFi Meme Token – HOGE has joined forces with the DeFi Angels to give their project a voice on Capitol Hill as the regulation conversation heats up. It’s no secret that American-based blockchain crypto companies are fighting the infrastructure bill in D.C. This bill could create a big change in the world of DeFi over the next several years.
HOGE is an ERC20 token on the Ethereum blockchain that has a 2% tax on every transfer. Part of that tax is reflected to current holders, and part is burned forever making HOGE a deflationary cryptocurrency asset. HOGE was a fair launch project; everybody can buy in on day one. Even the developers. This project is entirely comprised of a decentralized community and one of the few token projects out there that has no developer wallet meaning they are a project that is responsible for creating their own self-sustaining ecosystems that provide revenue channels to continue to fund and grow their project. Hoge has achieved early success by focusing on brand building, refining their Decentralized Finance (DeFi) technology, running charitable events and most importantly fostering an authentic and inviting community environment.
HOGE has found a strategic ally to fight the DeFi regulation battle with and ensure their blockchain infused voice is heard in the House. The DeFi Angels are an investment community in the Decentralized Finance (DeFi) sector whose member-based proprietary platform focuses on education, fair launches, and community vetted deal-flow. The Crypto Company is known for transparency and ethics; leveraging these core values, their community acts as a sophisticated filter for investors looking to get into early-stage DeFi projects. Valuing women empowerment, the DeFi Angel’s created a safe environment for female investors to flourish within a male-dominated field. They also provide a platform for new and experienced entrepreneurs to present their projects in an organic environment, where teams can answer various technical and business model questions.
Together, these two communities are headed to congress to attend appointments and speak with legislators, as well as people in regulatory affairs to create fair and balanced DeFi regulation. Coming along with them is J.P. Deese & Associates, LLC to act as the official HOGE Lobbyist and the political voice for a project that has over sixty-five thousand (65,000) current investors. In a recent comment, J.P. Deese said,” This serves as an excellent opportunity for the crypto and DeFi spaces to come together, flesh out their own language, and aggressively advocate at the federal level for these proposed changes. The moment is now; the moment is ours.”
To add fuel to the regulation fire, one of the most popular American-based crypto exchanges has come under fire from the SEC over their new crypto lending product that’s scheduled to come to market in Q4 this year. Coinbase’s official Twitter page released a statement online last week stating,” After months of trying to engage with the SEC on our planned Lend product, we recently received notice that it intends to pursue legal action against us. We believe dialogue is at the heart of good regulation, even if the SEC may not.”
It will be interesting to see how the next few weeks play out leading to the DeFi Bill passing through the House, but one thing is for sure, HOGE and The DeFi Angels will have representatives front and center to do everything they can to give their projects and the DeFi ecosystem a chance to be heard.
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
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Blockchain
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