Blockchain
NFTs to Space – ElonVerse, a Unique NFT Playground
An exciting non-fungible token (NFT) project with a unique theme, ElonVerse, is launching on the Binance Smart Chain. With an exclusive supply of 10,000 unique funny Elons, which it calls its NFTs, ElonVerse gives investors ample opportunities to customize each of them on its minting platform. ElonVerse combines three profitable DeFi activities on a single platform playfully — an NFT minting and competing platform, an old school dating app that pays too, and reward tokens.
Each NFT, with all its associated metadata including media address, descriptions, and attributes, is stored on a blockchain that guarantees its uniqueness, thus making it non-interchangeable. Any form of digital media such as photo, video, audio, and text can be used to create an NFT, in a process widely known as the minting of the NFT. ElonVerse’s NFT minting platform is home to thousands of funny and unique Elon NFTs, allowing every community member to mint their own until the exclusive supply runs out.
The inclusion of a blockchain-based game gives additional purpose to the ElonVerse, allowing NFT holders to put their best NFTs before the community. Members of the ElonVerse community can vote for the NFTs they like the most. It’s like a competition. The best NFTs decided by the community vote will get rewarded with ElonVerse utility tokens.
ElonVerse’s profitably crafted tokenomics provides investors with passive income in DogeCoin. Members get 5% of the token value they hold in DogeCoin, which perfectly fits the ecosystem, being the favorite cryptocurrency of Elon Musk. Further, the platform reserves 5% of the transaction amount for marketing and development of the project and payments for ongoing advertisements, games, and platform development. Moreover, they commit a 2% liquidity fee and a 2% Jackpot fee. The amount reserved for liquidity is burned, leading to a sustainable ecosystem by keeping an upward price floor. The Jackpot fee goes towards the Jackpot pool, which is used to pay the prize to the winner of the NFT competition.
Members joining the platform become part of an ever-growing club that will be increasingly supportive and profitable over time. A member’s NFT works as one’s digital avatar in the club.
One of the most exquisite features of the ElonVerse is its Exclusivity. The 10,000 Elons are the only NFTs that will ever be minted, not a single one above this. If they are gone, they are gone forever. No more later introductions will take place. This makes every Elon an exclusive asset to the owner as well as the platform. When a member buys an ElonVerse NFT, that member gets everlasting, exclusive ownership of that NFT; The Crypto Company allows the owners to use their NFTs in whatever ways they prefer, including flaunting, gifting, or selling it to other members of the platform. The platform features a showcase to enable users to display the NFT to the community. This lets members vote for their favorite NFTs.
One of the most spectacular things users would love about ElonVerse’s NFT game is its collection of marvelous Elons. Each one represents a human in a different look and mood. With such a vast diversity of figures to choose from, every user can find their favorite look that all members can appraise on the platform.
With such a beautifully crafted game, ElonVerse is set to let its users feel like being in space with the famous Elon Musk, guiding their way in their adventurous journey to a deep and fascinating crypto space.
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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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