Blockchain
ALGOGEMS: An innovative solution to easily create your NFT free of charge
Algogems, launched by a Lyon-based start-up, has entered the non-fungible token (NFT) market with a simple solution for the public and professionals alike. It lets users easily buy and sell NFTs, which are unique digital assets traded using cryptocurrency and that guarantee ownership of a digital object (e.g., a photo).
Creating NFTs is easy and free of charge with Algogems
The algogems.fr site gives the public access to NFT technology, because everyone can create an NFT as easily as a social media post!
Algogems is one of the cheapest NFT websites on the market:
- Free registration for sellers and buyers
- Free NFT certification
- Free content upload
- No cost to the buyer
Websites like BlogBMW.fr and L’Agenda de l’Automobile have chosen Algogems to sell their NFTs. Contests and events provide opportunities to engage and attract communities under various themes. Algogems provides a design and sharing service that values content creators.
Investors attracted to source code and carbon-negative approach
ALGOGEMS uses the ALGORAND blockchain because “it’s a public blockchain that works on the proof-of-stake model, which reduces power consumption to almost zero,” explains Silvio Micali, founder of Algorand.
ALOGOGEMS is not based on an existing engine; its own developers have coded the platform. The start-up therefore owns its source code, which reassures investors, who have already invested $1 million by purchasing GEMS as part of the initial coin offering (ICO), which wrapped up successfully in mid-September 2021.
Financial support for Algogems comes from a grant by the Algorand Foundation and an investment from Borderless Capital.
What’s next?
Algogems is following its development roadmap, and its community will soon provide moderation services in the form of governance to curb NFTs that don’t respect intellectual property.
Things are moving fast for Algogems, whose rising sales figures will allow for steady growth in 2022.
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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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