Blockchain
Online Blockchain plc: Umbria announces latest partnerships in NFT space
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.
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 here: https://shroomfolk.io/
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.
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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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