Blockchain
Axis Technologies Group, Inc. Announces Upcoming Launch of NFT Entertainment Channel, NFTtoday.tv and NFT Documentary Titled “NFT Revolution”
AXIS TECHNOLOGIES GROUP, INC. (OTC: AXTG) (“AXTG” or the “Company”), a holding company that promotes decentralized finance businesses, and supports the development of blockchain and decentralized finance (DeFi) projects, is proud to announce the upcoming launch of NFTtoday.tv, a channel dedicated for NFT entertainment with game tutorials, resources, reviews, movies, music videos and all forms of media that pertain to NFTs, DeFi, digital assets and the overall cryptocurrency space. NFTtoday.tv will be available on Roku TV, Apple TV, Amazon Fire and both iOS and Google application in November 2021.
The NFTtoday.tv channel will be mainly educational to provide a better understanding of digital assets and will provide interviews conducted with NFT industry leaders, platforms, training, seminars and endorsements including technologies developed in the NFT space.
The Company is also proud to announce that its ETHFUND.io, a new platform for creating Non-Fungible Tokens (NFT) for the entertainment industry, is planning the launch of its first NFT drop for the pilot documentary of “The NFT Revolution Documentary”, a Hollywood casted documentary featuring actors, musicians, artist, movie producers, legendary sports athletes and celebrities and directed by James Hu. All invited VIP and guest cast in the documentary will receive an exclusive NFT token bearing rights, royalties and the ability to share in the future benefits generated. The First NFT Drop on the ETHFUND.io platform is planned for October 18, 2021.
“The process of development for the “NFT Revolution Documentary” pilot using the ETHFUND.io platform was amazingly stress-free and allowed me to understand on the creative side of my future project. As a creative person there isn’t a better situation to be part of this projects to life. ETHFUND is a blessing”, comments Dame Leith Eaton, creator, artist, actor and founder of the International Arts Association (IAA).
Recently, NFTs in film have been growing in popularity. The first major film to introduce NFTs was Godzilla vs. Kong with great success. The new Space Jam movie was accompanied by 91,000 NFTs as free and cheap collectible digital cards. John Wick, The Hunger Games, and Mad Men are also planning on releasing NFTs to supplement their franchises. The rationale for the studios is to increase fan engagement and to establish new revenue streams.
William Tien, the Company’s President and CEO, as well as the platform architect and lead Developer of the ETHFUND explained, “All NFTs support the basic interface, known as ERC 721, that enables basic functions such as the transferring of tokens. Royalties are usually charged at the level of the marketplace, such as on OpenSea or Rarible. In order for royalty fees to work across all marketplaces, we included them in the NFT smart contract itself. A “royalty fee” must be paid to the token creator by the purchaser, prior to the token transfer. Since people can make any sort of fee arrangement outside of the blockchain or transfer the NFT between wallets for no compensation, the royalty fee is designed to be a preset fee whenever the token is transferred between wallets.”
Aside from project financing, ETHFUND.io will soon launch its NFT marketplace featuring high-end digital and physical art as well as one-of-a-kind collectibles.
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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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