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Online Blockchain plc: Umbria announces latest partnerships in NFT space

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Umbria Network is collaborating with a range of exciting NFT projects, built on the Polygon network, to introduce their communities to its game changing cross-chain bridge (Narni).

Using the Narni Bridge, it typically takes less than four minutes and often costs just $4-$9 to transfer assets from Ethereum to Polygon. This makes it approximately 10 times cheaper and 10 times faster than other available cross-chain bridges. The speed and cost advantages of the Umbria Narni bridge have led to its adoption by projects including Zed Run, Chicken Derby, House of Kibaa and CryptoIsland. Aavegotchi recently partnered with Umbria to provide its users with the cheapest and fastest way to bridge its GHST token (GHST holders can also earn interest on their GHST by staking their tokens in the bridge pool).

Umbria is pleased to announce the following new partnerships and collaborations:

Aww, Rats! are a series of 1,000 ‘vermiNFTs’ which live on the Polygon network. They have a unique combination of assigned ‘rattributes’, rat pieces (fur colour, eyes, tails style, facial expressions, accessories etc) and backstory. Rat owners currently get access to a series of dApps created by the team for styling their Rats and showcasing them (http://awwrats.com/sewer). In the future, holders will additionally get access to tools to help build out their own NFT projects. Go to: http://awwrats.com to find out more.

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FunkoBits is a project of 10,000 random and unique characters generated with python. FunkoBits recommends the Narni bridge on its OpenSea collection page, which can be viewed here: https://opensea.io/collection/funkobits. Co-lead developer Oscar Chambers has even bought FunkoBits #1. The V2 minting starts on the 24th of November: https://funkobits.com

Matic Mike is a 100% on chain high utility generative NFT built on the Polygon chain with staking, PvP (player vs player), PvE (player vs environment) and upgrading features. A cross between Zed and Anonymice, Matic Mike’s goal is to provide competitive features with some comedic relief. The project has partnered with Umbria and endorses Narni as its official Ethereum to Polygon bridge for sending funds to and from Polygon at the lowest rates. Matic Mike has recently launched its PvP battle Royale; take a look: https://maticmike.club/

Elegant Elephants Society (EES) is a herd of 7,500 secret spies aka unique digital collectibles, drawn by hand, assembled by code and living on the Polygon blockchain. Each Elegant Elephant doubles as a Key Card and grants access to members-only benefits. Additionally, 10% of all profits go to charity. Elephant Society strongly recommends using the Umbria Narni Bridge for transferring ETH to wETH. Minting now: https://elegantelephantsociety.com/mint

SPKY FRSH are composable, evolutionary NFTs, built on Polygon using the ERC1155 token standard. The team’s mission is to disrupt the NFT industry by building a co-creation ecosystem that enables collectors, brands, and mission driven organizations to engage in social impact causes. Its NFT Avatars aka Spirit of Guide of the Metaverse are a set of 369 Limited Edition NFTs that include three out of 18 Spirit Forces (time, gravity and light). Each Spirit Force is hand crafted with 50+ unique traits, generatively summoned, and staked to one of the 17 UN Sustainability Goals + the Creative Commons. Royalties from secondary sales will be allocated to the FRSH Dao to support impact causes, voted on by its community of NFT holders. The collection can be minted on its website or viewed on Opensea: https://opensea.io/collection/spky-frsh…

Umbria has also been working with Shroom Folk who has been recommending the Narni Bridge to its community. Shroom Folk is a collection of 6666 generative NFTs, which are minting now on the Polygon blockchain. More details about this project herehttps://shroomfolk.io/

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Umbria’s partners gain visibility from an entirely new audience, who are interested in exciting new cryptocurrency and NFT projects. In addition to being included in the partner sections on both the homepage and the bridge page, partner projects are introduced to the Umbria community and are incorporated into Umbria’s social media and traditional marketing campaigns. Umbria also provides technical support for a partnered project’s community when using Narni for bridging.

“We love seeing creative and innovative NFT projects doing great things on Polygon and we’re enjoying engaging and improving the experience of their passionate and supportive communities,” said Barney Chambers, co-lead developer of Umbria Network. “The feedback has been fantastic as NFT enthusiasts are genuinely amazed by how cheap bridging is with the Narni Bridge. We look forward to opening the door to lots more projects.”

Got a project on Polygon? Does your community need cheap and fast bridging? Get in touch on Twitter if you’d like to collaborate.

Blockchain

Bybit Expands bbSOL Yield Opportunities Through Strategic DeFi Partnerships

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Blockchain

This Week in Finance News: 11 Stories You Need to See

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With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.

The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.

  1. Prosperity or catastrophe: #Insurance2040 study reveals four possible futures for the industry
    By 2040, technological innovation driven by customer centricity could pave the way to greater climate resilience and more personalized offerings by the insurance industry. Alternatively, insurance could become a luxury afforded only to the wealthiest few.
  2. Cardinal Health announces two strategic additions to its portfolio
    Cardinal Health will acquire a majority stake in GI Alliance (GIA), the country’s leading gastroenterology (GI) management services organization (MSO), from a combination of GIA physician owners and funds managed by affiliates of Apollo. Cardinal Health will also acquire the Advanced Diabetes Supply Group (ADSG), one of the country’s leading diabetic medical supplies providers, for approximately $1.1 billion in cash.
  3. BlackRock Launches New BUIDL Share Classes Across Multiple Blockchains to Expand Access and Potential of BUIDL Ecosystem
    This initiative represents the next step in the evolution of the tokenization market, by enabling BUIDL to be used within leading blockchain-based financial products and infrastructure across ecosystems.
  4. Primo Brands Corporation Announces Successful Completion of Merger of Primo Water and BlueTriton Brands
    “I believe Primo Brands is positioned to be a leader in the healthy hydration beverage category, thanks to the strength of its iconic, sustainably-sourced brands, its robust operations and extensive North American network, and its responsible operation of numerous springs across the country,” said Dean Metropoulos, Non-Executive Chairman of the Board of Directors of Primo Brands.
  5. Jackson Hewitt Tax Services Expands Workforce, Offering Job Opportunities Nationwide for Upcoming Tax Filing Season
    The week-long event will launch the combined hiring of 18,000 employees to prepare for the upcoming tax filing season. The Jackson Hewitt hiring events are open to the public and include on-site interviews. Qualified candidates could receive a job offer immediately.
  6. PNC Bank to Double Planned Branch Openings to More Than 200 Across Six States This announcement brings the bank’s total investment to approximately $1.5 billion to open more than 200 new branch locations in 12 cities across the U.S. over the next five years, while completing the renovations of 1,400 existing branches during the same time period.
  7. Alchemy Pay Expands Virtual Card Functionality with Google Pay Support The new card BINs added will significantly enhance the capabilities of crypto cards, expanding their support for a broader range of payment scenarios and improving transaction success rates. This advancement is particularly impactful when paired with Google Pay, one of the most popular and widely used digital payment platforms, trusted by millions for its convenience and security.
  8. Finaya Unveils Nationwide Homeownership Platform
    From providing rich and current information about home values and property conditions, to finding helpful repair and remodeling providers, to shopping for and securing the right insurance, the platform simplifies the homeownership process, making it more accessible, convenient and efficient.
  9. GenAI predicted to inspire revenue growth in 76% of businesses, but only 4% qualify as “leaders” in AI and analytics
    Kearney’s report confirms that businesses are not only aware of how big data, AI, and analytics will impact revenue generation and enhance business strategies, but they are investing to stay ahead of the curve, too.
  10. GameAbove Sports Acquires Meaningful Ownership Stake in Brisbane Bullets with NBA Legend George Gervin as Part of Ownership Team
    This move marks a significant milestone for GameAbove Sports, a CapStone Holdings Inc. company, as it expands its influence on international basketball ahead of the Brisbane 2032 Olympics.
  11. Most US shoppers are encountering generative AI while shopping without realizing it
    A survey of 700 online shoppers in the US shows 71% are unaware of having used generative AI while shopping online even though most had recently shopped at retailers currently using it. 41% of customers say they would feel comfortable using a generative AI tool from a brand they trust.

For more news like this, check out all of the latest finance-related releases from PR Newswire.

Do you have a finance press release to distribute? Sign up with PR Newswire to share your story with the audiences who matter most.

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Helping Journalists Stay Up to Date on Industry News

These are just a few of the recent press releases that consumers and the media should know about. To be notified of releases relevant to their coverage area, journalists can set up a custom newsfeed with PR Newswire for Journalists.

Once they’re signed up, reporters, bloggers, and freelancers have access to the following free features:

  • Customization: Users can create customized newsfeeds that will deliver relevant news right to their inbox. Newsfeed results can be targeted by keywords, industry, subject, geography, and more.
  • Photos and Videos: Thousands of multimedia assets are available to download and include in a journalist or blogger’s next story.
  • Subject Matter Experts: Journalists will have access to ProfNet, a database of industry experts to connect with as sources or for quotes in their articles.
  • Related Resources: Our journalist- and blogger-focused blog, Beyond Bylines, features regular media news roundups, writing tips, upcoming events, and more.

The post This Week in Finance News: 11 Stories You Need to See appeared first on .

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Blockchain

Fintech as a Service Market: A Comprehensive Trends Analysis Predicts a USD 1,329.12 Billion by 2032 CAGR: 17.4% | PMR

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