Blockchain
The NFT Universe Now Has Its First Goddess: IRIS
![](https://theblockchainexaminer.com/wp-content/uploads/2021/12/The-NFT-Universe-Now-Has-Its-First-Goddess-IRIS.jpg)
Iris Au, the CEO of Iris World, is launching her newest NFT collection: Goddess Iris. Created out of the need to brighten and emancipate the non-fungible token landscape, Iris World will show an earlier unexplored side of NFTs. The project foresees many upcoming top-tier celebrity collaborations, the Kardashian Kloset being the first out of many to come.
The Goddess Iris collection features a hot and “fierce” woman. This is the Goddess Iris, showing herself to the world and symbolizing confidence and boldness. She is a sign of continuous progress, the power of the feminine, and a welcome addition to the male-dominated blockchain world. Her growth and popularity are supported by other symbols of stardom.
A Different Goddess for Everyone
The Iris World collection will include 7,777 NFTs, each unique and with a special utility, including owning a part of the Iris World Metaverse real estate, a chance to win an exotic Lamborghini, Tesla, a Rolex watch, and 7 winners will receive $7,777 worth of Ethereum. The differences in the goddesses featured on each of the PFPs can range from different eye colors to even changes as noticeable as distinct noses and mouths. Iris will not only differ in body-related features, her outfit and background will also undergo a variety of changes.
With the support from an experienced and energetic team that includes members who worked on the Angry Apes NFT collection, which sold out in mere minutes, the Goddess Iris NFT will be available to buy on December 21st, 2021. This is a one-of-a-kind project, targeting the male-dominated crypto space with a powerful, feminine touch. Through collaborative efforts with people who achieved stardom and the visual appeal of the Goddess Iris, Iris World is sure to make an impact on the crypto sphere.
Iris World Meets Kardashian Kloset
The Iris World – Kardashian Kloset collaboration will illustrate the power that NFTs hold. Iris World will feature an exclusive 1 of 1 NFT Drop of a Hermès Birkin handbag from The Kardashian family’s world-renowned collection with its original, signed box. The winner of the auction will not only get the NFT artwork itself but also the physical item. This kind of fashion accessory can be worth hundreds of thousands of dollars, not to mention the value that a Kardashian autograph adds. The creator of Iris World is well aware of the power that celebrities hold.
Iris brings a fresh take on PFPs, collaborating with the most followed celebrities on the planet. Perched in her home in Beverly Hills, California, we were able to speak to Iris in an exclusive interview.
Speaking about the launch, Au commented:
“We want to bring NFTs mainstream, and we have the star power to do this. We want to include women. We want to empower girls while targeting all the men in the crypto space. We’re inclusive. The Kardashian family’s fashion style is internationally recognized and we are thrilled to be collaborating with the Kardashian Kloset.“
Cici Bussey, CEO of Kardashian Kloset, also commented:
“We are excited to be collaborating with IRIS WORLD to offer this rare opportunity from the personal closet of The Kardashian girls’ world-renowned collection of Hermes handbags. This exquisite hand-crafted brown leather Birkin bag is presented in its original signed box.”
Iris World leverages the celebrity following of the Kardashians and, combined with the ideas of Iris World; this collaboration has all of the necessary characteristics that will create the future of NFTs in the mainstream world.
Blockchain
Glidelogic Corp. Announces Revolutionary AI-Generated Content Copyright Protection Solution
Blockchain
Ethereum ETFs Aren’t Blockchain But Is A Revolutionary Tech: Top 6 Amazing Reasons To Invest In Them
![ethereum-etfs-aren’t-blockchain-but-is-a-revolutionary-tech:-top-6-amazing-reasons-to-invest-in-them](https://theblockchainexaminer.com/wp-content/uploads/2024/07/51834-ethereum-etfs-arent-blockchain-but-is-a-revolutionary-tech-top-6-amazing-reasons-to-invest-in-them.png)
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.
Blockchain
Nexo Reaffirms Commitment to Data Protection with SOC 3 and SOC 2 Compliance
![nexo-reaffirms-commitment-to-data-protection-with-soc-3-and-soc-2-compliance](https://theblockchainexaminer.com/wp-content/uploads/2024/07/51836-nexo-reaffirms-commitment-to-data-protection-with-soc-3-and-soc-2-compliance.png)
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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