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.
Blockchain
Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)
Building Customer Trust in AI with Blockchain
Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.
Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.
Source: Harvard Business Review
Blockchain at a Crossroads: Balancing Promise and Peril
As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.
The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.
Source: Cointelegraph
BRICS vs. USD: Blockchain’s Role in Economic Shifts
The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.
This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.
Source: CoinGeek
Hungri Games Expands MetaHorse Unity to Base Blockchain
Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.
By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.
Source: CoinTrust
Nano Labs Purchases Trump Tokens to Celebrate Presidency
Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.
The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.
Source: PRNewswire
Final Thoughts: Blockchain’s Expanding Horizons
This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.
While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.
The post Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity) appeared first on News, Events, Advertising Options.
Blockchain
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Blockchain
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