Blockchain
SINGAPORE STARTUP AFFYN’S PRE-SALE ROUND SUCCESSFULLY CLOSED RAISING US$10.4 Million
With two oversubscribed rounds in both private and strategic rounds, Affyn successfully closed its presale round within 60 hours. Over 5,700 participants purchased and US$10.4 million was raised in this presale round. With this, Affyn has raised over US$18 million in total.
The presale round features the sale of each FYN token at special prices with a 10-day lock and 6-months linear vesting period. To allow more people to be part of Affyn’s community, each participant was only allowed to purchase a maximum of 50,000 FYN.
The outstanding response for this presale round indicates the public’s confidence and excitement in Affyn’s Play-to-Earn Metaverse, as well as their acknowledgement of Affyn’s long term vision. Across social media, many have expressed their enthusiasm for the utility of FYN tokens that can be used both in the virtual and physical world. Others showed anticipation for the Play-to-Earn Metaverse (named NEXUS), mobile geo-location and AR functions.
Company founder and CEO Lucaz Lee
“We would like to thank our partners, advisors, investors and community for the tremendous support and trust in Affyn. This successful presale sends a strong signal and confidence in our goals. 2022 will be unprecedented as we ignite the tech space by ushering in a new era of Metaverse. We will pioneer the first of its kind Play-to-Earn Metaverse that encapsulates the fabric of reality into a synthetic world where the notion of a real world is represented by digital avatars, NFTs and assets. We would like to invite you to join us in this Metaverse where we can play, earn and have more fun together at the same time.”
Affyn is a Singapore-based company building a blockchain-powered Metaverse project with a Free to Play, Play-to-Earn mobile game with integrated geolocation where the virtual and real world converge. Making use of geolocation capability and AR mechanics, Affyn incorporates the fun element of gaming with blockchain technology such as the utility of NFTs and their official currency
FYN token is the official blockchain utility token. The tokens that players earn can be used in both the virtual and real worlds, forming a closed-loop economy.
Tokens will be able to be used to purchase or lease property, purchase and exchange NFTs and participate in events. The tokens will be able to be used for travel, retail and lifestyle related purchases in real life.
Affyn’s team is now preparing for the next step, where they will be working with a few launchpads for the upcoming launchpad (fundraising) round. There is also a token generation event planned for 29th January 2022. The public can also look forward to catch glimpses of Buddies, characters in the game. Trailer video for the NEXUS Metaverse is set to be released in February.
SOURCE Affyn
According to a report from CoinTelegraph, nearly forty percent of institutional investors in Canada have exposure to cryptocurrency, as revealed by KPMG. This finding underscores the growing acceptance and adoption of digital assets among institutional investors in the country.
The report indicates that a significant portion of institutional investors in Canada are actively investing in or exploring opportunities in the cryptocurrency market. This trend reflects a shift in sentiment towards digital assets, with more investors recognizing the potential for long-term growth and diversification offered by cryptocurrencies.
KPMG’s findings highlight the increasing mainstream acceptance of cryptocurrencies among traditional investors, as well as the growing interest in blockchain technology and its potential applications across various industries. As institutional investors continue to enter the cryptocurrency market, they are expected to bring additional capital and liquidity, further fueling the growth and maturation of the digital asset ecosystem.
Overall, KPMG’s report signals a significant milestone in the adoption of cryptocurrencies in Canada, indicating that institutional investors are increasingly recognizing the value proposition of digital assets and integrating them into their investment portfolios. This trend is likely to accelerate the broader adoption and mainstream acceptance of cryptocurrencies in the country and beyond.
Source: cointelegraph.com
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Blockchain
BounceBit (BB) Megadrop Now Open: Participate by Subscribing to BNB Locked Products or Completing Web3 Quests
The BounceBit (BB) Megadrop is now open for participation, as announced by Blockchain.News. This event presents an exciting opportunity for users to earn BB tokens by engaging in various activities, including subscribing to BNB locked products and completing Web3 quests.
Participants can join the BB Megadrop by subscribing to BNB locked products or completing Web3 quests, both of which offer different avenues for earning BB tokens. By participating in these activities, users have the chance to accumulate BB tokens and potentially benefit from the rewards associated with the Megadrop.
Subscribing to BNB locked products allows users to earn BB tokens by locking their BNB assets for a specified period. This not only provides users with an opportunity to earn rewards but also contributes to the liquidity and stability of the BounceBit ecosystem.
Additionally, completing Web3 quests offers users an alternative way to earn BB tokens by engaging in various tasks and challenges related to Web3 technology. These quests provide users with a fun and interactive way to learn about blockchain and cryptocurrency while earning rewards in the form of BB tokens.
Overall, the BB Megadrop presents an exciting opportunity for users to participate in the BounceBit ecosystem and earn rewards by engaging in activities that contribute to the growth and development of the platform. As the Megadrop progresses, participants can look forward to additional opportunities to earn BB tokens and potentially benefit from the rewards associated with this event.
Source: blockchain.news
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Cronos, a prominent blockchain platform, has announced a collaboration with KYVE aimed at revolutionizing blockchain data, as reported by CryptoNewsZ. This partnership represents a significant step forward in enhancing the efficiency and scalability of blockchain data storage and retrieval.
The collaboration between Cronos and KYVE seeks to leverage KYVE’s decentralized data storage and retrieval solution to enhance the capabilities of the Cronos blockchain platform. By integrating KYVE’s technology, Cronos aims to address the challenges associated with storing and accessing large volumes of data on the blockchain, such as scalability and cost-effectiveness.
KYVE’s decentralized data storage solution utilizes a network of distributed nodes to store and retrieve data, ensuring high availability and reliability. This approach not only improves the efficiency of data storage and retrieval but also enhances the security and resilience of the blockchain network.
The partnership between Cronos and KYVE is expected to unlock new possibilities for decentralized applications (dApps) and smart contracts built on the Cronos platform. By providing a more efficient and scalable solution for blockchain data management, Cronos aims to attract developers and enterprises seeking to leverage blockchain technology for a wide range of applications.
Overall, the collaboration between Cronos and KYVE represents a significant development in the blockchain industry, highlighting the importance of innovation and collaboration in driving the evolution of decentralized technologies. As the partnership progresses, it is poised to deliver transformative benefits for blockchain data management and accelerate the adoption of decentralized applications and services.
Source: cryptonewsz.com
The post Cronos collaborates with KYVE to revolutionize Blockchain Data appeared first on HIPTHER Alerts.
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