Blockchain
NewX Energy Poised to be World’s First Energy Company to Launch an NFT series
NewX Energy, a new-age energy Indonesian company based in Singapore, is leading the way in the energy space by being the first company of its kind to release a series of Non-Fungible Tokens (NFT) collections to consumers.
NFTs have garnered significant attention as one of the most exciting and transformative technology innovations. In support of this trend, NewX Energy is taking a brave move by stepping into the untapped potential of NFT and the Metaverse world.
“At NewX Energy, we look to revolutionize the way power is transacted and managed. To realise this vision, our approach is to provide sustainable, affordable energy to the everyday consumer, especially since most of us will soon be involved in the digital transformation one way or another.
“In the spirit of this transformation, the introduction of our NFT collections is our invitation to those who envision a digital future to join us. As NFT is a tool to signify digital ownership, we seek to invite those who are invested in the future to own a part of NewX Energy in the metaverse. Owning our collection will not only provide NewX rewards to the investors, but also great concession privileges as well as joining a great community of people who are invested in the future,” said Christien New, Chairman and Founder of NewX Energy.
The NFTs will be introduced as NewX NFT, offering unique digital segments that are purchasable through the world’s largest NFT marketplace, OpenSea. Purchasing NewX NFT will allow owners to be involved in NewX Energy’s metaverse – a world where the provision of energy is efficient, affordable, and revolutionary. Holding a NewX NFT will also reward owners in the accumulation of NewX ‘NewNits, which, similar to dividends, have several benefits. One of the major benefits of these tokens is the ability to pay or offset all electricity bills supplied by NewX Energy amongst other benefits yet to be revealed.
To further incentivise investors, the price of a NewX NFT will increase by a minimum of 1% with every purchase. This will ensure that each NewX NFT will always increase in value.
Currently, NewX Energy is also involved in the development of an energy farm that will be able to produce clean and efficient energy. By working together with their sister company, PT Bintan Power Plant (PTBPP) for infrastructure support, NewX Energy will bring their expertise on Big Data analytics and the Internet of Things (IoT) to create a way for the company to be self-sufficient and support any energy demands, all at an affordable cost. Combined with their efforts to venture into the digital metaverse, NewX Energy is leading the way for other energy companies in the Asia-Pacific region.
To provide consumers the unique opportunity to own digital assets affordably, NewX Energy unveiled an introductory price of USD 300, available throughout the pre-sale period. “Staying true to our intention, the pre-sale price is inversely proportionate to the value of NewX NFT. Post this period, the price by valuation should start from USD10,000 for each NewX NFT – making digital ownership possible for all,” he added. The NewX NFT will soon be released on OpenSea on February 2.
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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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