Blockchain
MultiNFT launches token presale in preparation for its Decentraland debut
MultiNFT, an NFT platform connecting musicians and artists with their fans through an interactive and curated Metaverse experience, launches the presale for its native token, $MNFT. Leveraging a deep experience in the real-world music industry, MultiNFT brings a more authentic music experience to fans who want to enjoy live music shows and festivals in its brand new Rage nightclub set to open in Decentraland’s festival district, powered by $MNFT.
The Metaverse is a rapidly growing industry, expected to reach $800 billion by 2024. Part of this anticipated growth stems from the demand for high-quality music events featuring big-name artists. Dominated by techies, however, Metaverse companies have faced the challenge of generating believable enough experiences for fans to choose a digital festival, for example, over a real festival or live-streamed performance.
Leveraging its music-industry connections and expertise, MultiNFT offers fans the unique opportunity to experience a physical club smack in the middle of Decentraland’s festival district, one of the most prominent areas in the Metaverse. The platform, which runs on Ethereum, provides its users with a well-crafted VR-powered gaming experience, where they navigate Decentraland, attending live shows, events, and festivals, with the Rage nightclub serving as MultiNFT’s Metaverse hub, powered by $MNFT.
Holders of the $MNFT token will have early access to special content, rare NFT drops, and in addition to earning cashback in affiliated marketplaces, they can spend tokens at MultiNFT arcades and events.
“We’re proud of the Rage nightclub we built. It brings a real-life party vibe to the Metaverse, and specifically the virtual world of Decentraland,” says Guy Goldenberg, CEO of MultiNFT. “Our connections with big names in the techno and metal music scenes will turn Rage into the hottest spot in the Metaverse.”
“Our token presale provides liquidity for investors as well as rewards, early access to content, and more. The value is not only for those investing but also for those simply looking for a fun and fully-immersed Metaverse experience,” says Max Hatchwell, founder of MultiNFT. “We are building a community within the Metaverse with the mission of providing an authentic live-music experience and connecting artists with their fans.”
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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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