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NewX Energy Poised to be World’s First Energy Company to Launch an NFT series

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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

Ebang International Reports Financial Results for Fiscal Year 2023

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Blockchain

FBI warning against crypto money transmitters ‘appears’ to be aimed at mixers

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A recent warning from the FBI regarding a crypto money transmitter seems to be aimed at the Samourai Wallet. This development highlights the increasing scrutiny and regulatory challenges faced by privacy-focused cryptocurrency wallets and services.

The FBI warning raises concerns about the use of certain cryptocurrency wallets that prioritize user privacy and anonymity, potentially enabling illicit activities such as money laundering and terrorist financing. While the warning does not explicitly name any specific wallet or service, the language used suggests that the Samourai Wallet may be the target of the advisory.

Samourai Wallet is known for its focus on privacy and security features, including coin mixing and stealth addresses, which aim to enhance user privacy and protect against surveillance and tracking. However, these features have drawn the attention of law enforcement agencies and regulators, who are increasingly concerned about their potential misuse by criminals.

The FBI warning underscores the challenges faced by privacy-focused cryptocurrency wallets in navigating regulatory compliance and law enforcement scrutiny. While these wallets aim to empower users with greater control over their financial privacy, they must also address regulatory requirements and law enforcement concerns to avoid legal and reputational risks.

As the cryptocurrency industry continues to evolve, privacy-focused wallets like Samourai Wallet will need to strike a balance between privacy and compliance, ensuring that they can provide robust privacy features while also addressing regulatory concerns and maintaining transparency with authorities. This delicate balance is essential to foster trust and confidence among users and regulators alike, ultimately enabling the continued growth and adoption of privacy-enhancing technologies in the cryptocurrency space.

Source: cointelegraph.com

The post FBI warning against crypto money transmitters ‘appears’ to be aimed at mixers appeared first on HIPTHER Alerts.

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Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets

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Pantera Capital is reportedly planning to raise $1 billion for a new fund that offers exposure to various crypto assets, as reported by Blockchain.News. This ambitious fundraising initiative underscores Pantera’s continued confidence in the potential of the cryptocurrency market and its commitment to providing investors with diversified investment opportunities in the digital asset space.

The new fund from Pantera Capital aims to capitalize on the growing demand for exposure to cryptocurrencies and blockchain-based assets among institutional and retail investors. By offering a comprehensive portfolio of crypto assets, the fund seeks to provide investors with access to a wide range of investment opportunities, spanning cryptocurrencies, tokens, and other digital assets.

Pantera’s decision to raise $1 billion for the new fund reflects its optimistic outlook on the long-term growth prospects of the cryptocurrency market. With increasing mainstream adoption and institutional interest in cryptocurrencies, Pantera sees significant potential for value creation and capital appreciation in the digital asset space.

As one of the leading blockchain-focused investment firms, Pantera Capital is well-positioned to attract capital from investors seeking exposure to the cryptocurrency market. The firm’s track record of successful investments and its experienced team of investment professionals are likely to bolster investor confidence and support for the new fund.

Pantera Capital’s plans to raise $1 billion for its new fund underscore its commitment to driving innovation and growth in the cryptocurrency market. As the fund attracts capital and deploys it into promising investment opportunities, it is poised to play a key role in shaping the future of the digital asset ecosystem.

Source: blockchain.news

The post Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets appeared first on HIPTHER Alerts.

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