Blockchain
Infinite Launch Disrupts Crypto Market with Diamond-Hand Features
Infinite Launch has unveiled a disruptive and user-centric launchpad for both Decentralised Finance (DeFi) and nonfungible token (NFT) projects which provides much-needed assistance for users regardless of their position or resources.
“As experienced people in the crypto market, we saw the potential for growth of the launchpad industry. However, currently, the market has numerous pain points that hinder every stakeholder to make the most of it. Project owners can’t reach long-term investors, while investors are also struggling with getting whitelisted for the IDO and frequently miss their chances to multiply their financial assets. Therefore, with a strong belief that every stakeholder should benefit from the launchpad, we created Infinite Launch with the most innovative IDO allocation mechanism.
Under our mechanism, investors always have their chances to get guaranteed IDO allocations if they are able to show the willingness to support the project in the long-term by committing to locking away the token they are going to buy for a longer period of time. Spontaneously, this mechanism will also bring long-term token holders for the project, as well as mitigate the pump & dump schemes upon listing to some extent,” says Henry V., Co-Founder of Infinite Launch.
A breakthrough creator in the crypto industry
Infinite Launch’s platform offers a unique IDO allocation mechanic that not just protects its token value, but also for the projects’ tokens launched on Infinite Launch, and at the same time, accelerates the growth of investors.
This allocation process is done through the division of the total allocation amount under two pools for two different user types – the Infinite Army and the ILA Tier, with 20% going to the former and 80% to the latter. While ILA Tier users are those who earn an allocation slot thanks to their high number of token locking, the Infinite Army are normal users who succeed in showing their dedication towards the launchpad and the project, thereby being granted a slot for the IDO allocation.
In addition, Infinite Launch will hand-pick projects available for investment on its launchpad, in which they have to pass a list of strict qualifications, ranging from the quality of crew members to the development stage of its core product. This acts as a layer of protection for users and opens their doors to a world of unicorn projects going beyond just “potential” or “development” projects as offered by the other launchpad.
A popular NFT marketplace with exclusive collaborations
Infinite Launch also cares about the small but emerging segment of crypto users who are creators and artists. The platform decided to integrate the NFT marketplace for artwork showcase and trading, offering a way to accelerate artists’ revenue but also enable crypto traders to catch up with the latest NFT trends in the market.
The Infinite Launch marketplace is a platform offering rewards and privileges based on users’ trading volume including membership rank upgrade from C to S with varying benefits ranging from trading fee reduction (of up to 30%), free artwork airdrop, invitation to exclusive events, and an opportunity to double their allocation slot to multiply receivables.
Despite being newly launched, the marketplace has a considerable number of traders thanks to the heat of Bony Bastards. It is an exclusive NFT collection formed through a collaboration between the launchpad and renowned artists across the world to celebrate Halloween. This collection marks a record with more than 100 NFTs purchased every minute in the first few hours following the launch, and the entire collection of 8.887 items (0.1BNB each) were sold out in nearly a day.
Bony Bastards NFT also offers holders exclusive privileges:
- Enter a lucky draw ticket to get early access to three upcoming projects IDO on Infinite Launch in November, including Farmer World, The Wasted Lands, and Champ Force.
- The chance to receive a giveaway special Bony NFTs
- Bonus APR when staking ILA token on Infinite Launch
- Free token and merchandise airdrop from partners in the future
Bony Bastards itself is an exclusive collection, but each NFT item in the collection also has its own rarity ranking. Based on different features of the NFT (background, accessories, or appearance of each Bastard), they are categorized into different levels of rarity resulting in different levels of benefits and privileges.
A verified and popular platform
Infinite Launch received international recognition with an audit completed by SOLIDProof. The brand has also helped more than 20 Ask Me Anything sessions, and garnered over 35 strong partners, community, and influencer networks including Crypto Differ, Exnetwork, GGG, Maven, Lotus, Kernel, Chain, Averse, Phoenix Newtribe, IBA, Basics, X21, BCA, DCI, BlockSolFi and Vietnam Blockchain Capital.
The company also has a strong following of more than 80,000 members on Telegram and 57,000 followers on Twitter.
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Blockchain
Ethereum ETFs Aren’t Blockchain But Is A Revolutionary Tech: Top 6 Amazing Reasons To Invest In Them
The financial landscape is rapidly evolving, with the integration of blockchain technology and cryptocurrencies becoming more prominent. Among these, Ethereum ETFs (Exchange-Traded Funds) have emerged as a significant investment vehicle, offering exposure to the Ethereum blockchain’s native cryptocurrency, Ether (ETH), without requiring direct ownership. However, it’s crucial to understand that Ethereum ETFs are distinct from the blockchain itself and serve different purposes in the investment world.
Understanding Ethereum and ETFs
Ethereum: A decentralized platform that enables the creation and execution of smart contracts and decentralized applications (dApps). It operates using its cryptocurrency, Ether (ETH), which fuels the network.
ETF (Exchange-Traded Fund): A type of investment fund that holds a collection of assets and is traded on stock exchanges. ETFs can include various asset classes, such as stocks, commodities, or bonds.
Ethereum ETFs: The Intersection of Traditional Finance and Cryptocurrency
An Ethereum ETF provides a way for investors to gain exposure to the price movements of Ether without directly purchasing the cryptocurrency. This is achieved through an ETF structure, where the fund holds assets linked to the value of Ether, and investors can buy shares of the ETF on traditional stock exchanges.
Key Features of Ethereum ETFs:
- Indirect Exposure: Investors gain exposure to Ether’s price changes without needing to manage or store the cryptocurrency themselves.
- Regulatory Compliance: Unlike the relatively unregulated cryptocurrency market, ETFs operate under the oversight of financial regulators, offering a layer of investor protection.
- Accessibility: Ethereum ETFs are available through traditional brokerage platforms, making them accessible to a broader range of investors.
Why Invest in an Ethereum ETF?
- Diversification: Including an Ethereum ETF in a portfolio can provide exposure to the cryptocurrency market, potentially enhancing diversification beyond traditional assets.
- Convenience and Familiarity: ETFs are a familiar investment product, simplifying the process of investing in cryptocurrencies.
- Professional Management: ETF managers handle the investment decisions, including the buying and selling of assets, which can be advantageous for those less familiar with the cryptocurrency space.
- Regulatory Oversight: ETFs are subject to regulatory scrutiny, potentially offering more safety and transparency compared to direct cryptocurrency investments.
- Potential for Growth: As the cryptocurrency market grows, ETFs linked to assets like Ether may benefit from rising prices.
Key Differences Between Ethereum and Ethereum ETFs
While both are related to the Ethereum blockchain, Ethereum itself and Ethereum ETFs represent different forms of investment:
- Ethereum (ETH):
- Direct ownership of the cryptocurrency.
- Full exposure to Ethereum’s features, including staking and network participation.
- Traded on cryptocurrency exchanges.
- Highly volatile and largely unregulated.
- Ethereum ETF:
- Indirect exposure through shares representing Ether’s value.
- Traded on traditional stock exchanges under regulatory oversight.
- Offers a more stable and familiar investment structure.
- Typically lower volatility compared to direct cryptocurrency ownership.
Future Considerations for Ethereum ETFs
The approval and launch of Ethereum ETFs mark a significant milestone in bringing cryptocurrencies closer to mainstream finance. They offer a convenient and regulated means for investors to gain exposure to the growing digital assets market. However, they also come with limitations, such as not allowing direct participation in the Ethereum ecosystem’s innovations, like dApps and smart contracts.
As the market evolves, we may see more sophisticated financial products that better capture the full potential of the Ethereum ecosystem. For now, Ethereum ETFs provide a balanced option for those interested in cryptocurrency exposure within the framework of traditional finance.
In conclusion, while Ethereum ETFs offer a gateway into the world of digital assets, they should be viewed as complementary to, rather than a replacement for, direct investment in the underlying blockchain technologies. Investors should carefully consider their investment goals, risk tolerance, and the unique attributes of both Ethereum and Ethereum ETFs when making investment decisions.
Source: blockchainmagazine.net
The post Ethereum ETFs Aren’t Blockchain But Is A Revolutionary Tech: Top 6 Amazing Reasons To Invest In Them appeared first on HIPTHER Alerts.
Nexo, a leading institution in the digital assets industry, has reinforced its commitment to data security by renewing its SOC 2 Type 2 audit and attaining a new SOC 3 Type 2 assessment without any exceptions. This rigorous audit process, conducted by A-LIGN, a respected independent auditor specializing in security compliance, confirms Nexo’s adherence to stringent Trust Service Criteria for Security and Confidentiality.
Key Achievements and Certifications
- SOC 2 and SOC 3 Compliance:
- SOC 2 Type 2: This audit evaluates and reports on the effectiveness of an organization’s controls over data security, particularly focusing on the confidentiality, integrity, and availability of systems and data.
- SOC 3 Type 2: This public-facing report provides a summary of SOC 2 findings, offering assurance to customers and stakeholders about the robustness of Nexo’s data security practices.
- Additional Trust Service Criteria:
- Nexo expanded the scope of these audits to include Confidentiality, showcasing a deep commitment to protecting user data.
- Security Certifications:
- The company also adheres to the CCSS Level 3 Cryptocurrency Security Standard, and holds ISO 27001, ISO 27017, and ISO 27018 certifications, awarded by RINA. These certifications are benchmarks for security management and data privacy.
- CSA STAR Level 1 Certification:
- This certification demonstrates Nexo’s adherence to best practices in cloud security, further solidifying its position as a trusted partner in the digital assets sector.
Impact on Customers and Industry Standards
Nexo’s rigorous approach to data protection and compliance sets a high standard in the digital assets industry. By achieving these certifications, Nexo provides its over 7 million users across more than 200 jurisdictions with confidence in the security of their data. These achievements not only emphasize the company’s dedication to maintaining top-tier security standards but also highlight its proactive stance in fostering trust and transparency in digital asset management.
Nexo’s Broader Mission
As a premier institution for digital assets, Nexo offers a comprehensive suite of services, including advanced trading solutions, liquidity aggregation, and tax-efficient credit lines backed by digital assets. Since its inception, the company has processed over $130 billion, showcasing its significant impact and reliability in the global market.
In summary, Nexo’s successful completion of SOC 2 and SOC 3 audits, along with its comprehensive suite of certifications, underscores its commitment to the highest standards of data security and operational integrity. This dedication positions Nexo as a leader in the digital assets space, offering unparalleled security and peace of mind to its users.
Source: blockchainreporter.net
The post Nexo Reaffirms Commitment to Data Protection with SOC 3 and SOC 2 Compliance appeared first on HIPTHER Alerts.
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