Blockchain
MultiNFT pushes token sale date
![](https://theblockchainexaminer.com/wp-content/uploads/2022/02/MultiNFT-launches-token-presale-in-preparation-for-its-Decentraland-debut.jpg)
MultiNFT, an NFT platform connecting musicians and artists with their fans through an interactive and curated Metaverse experience, announces the delay of its VIP token presale launch. The limited token sale was initially scheduled for February 28 but has been pushed back until March 17, with staking to start on March 3.
The lack of connectivity between different Metaverse platforms leads to the segmenting of different Metaverses into niche-like communities. This creates a lack of diverse experiences among many of the major Metaverse platforms, much to the dismay of hardcore industry enthusiasts. Despite differences that exist between the platforms and their users, there is always a high demand for live-music events that Metaverse platforms are able to easily facilitate.
Following the recent opening of MultiNFT’s Rage nightclub, in the heart of Decentraland’s Festival District, the club will celebrate with an official Launch Party on March 12. In addition to Decentraland, the MultiNFT ecosystem is now expanding to four other Metaverse platforms:
- Cryptovoxels: Brand new MultiNFT Club is open, serving as a 24-hour lounge featuring “chillout” music, an NFT art gallery, with a nice view from the Cryptovoxol coast looking out at “MultiNFT Island.” MultiNFT also just opened their new headquarters, MultiNFT Center, providing information on upcoming projects and events, virtual community meetings, NFTs, and nightclub events.
- Somnium Space: MultiNFT’s first VR nightclub in the metaverse opening soon.
- The Sandbox: MultiNFT has purchased land and is currently building a unique electronic music club, which will host adventure quest games, to open in the near future.
- Netvrk: Land purchased, building to start in the near future.
MultiNFT’s VIP token presale will be exclusively for a limited number of NFT holders, with the sale to be capped at 21 million $MNFT. The week after the presale, MultiNFT will have an $MNFT airdrop, followed by a token launchpad later in March, on a platform to be determined later. In April, the $MNFT will debut on several decentralized exchanges (DEXs), with a launch on centralized exchanges (CEXs) to take place in April or May.
MultiNFT leads the Metaverse-clubbing revolution, featuring live performances from some of the best bands and DJs in the metal and techno scenes. Leveraging its music-industry connections and expertise, MultiNFT offers fans the unique opportunity to experience a rich nightclub life inside multiple Metaverse platforms. MultiNFT has cultivated a unique community of Metaverse and NFT enthusiasts alongside crypto supporters and fans of techno and metal. The $MNFT, launched as an ERC20 token on the Ethereum blockchain, powers the MultiNFT ecosystem, which provides its users with a well-crafted VR-powered gaming experience along with its own NFT collection.
“Our token presale launch rewards our NFT holders by allowing them to purchase the $MNFT at a special price,” says Guy Goldenberg, CEO of MultiNFT. “This is a great opportunity for our dedicated community members to invest in our platform at a great value.”
“We now have two amazing nightclubs, in two separate Metaverse platforms, hosting amazing live-music shows with some of the biggest names in Techno and Metal,” says Max Hatchwell, Founder of MultiNFT. “Additionally, we will be renting out our nightclubs to host amazing collections and brands who want to create their own unique Metaverse events.”
You can read more here: https://pr.reblonde.com/multinft-pushes-token-sale/
Blockchain
Glidelogic Corp. Announces Revolutionary AI-Generated Content Copyright Protection Solution
Blockchain
Ethereum ETFs Aren’t Blockchain But Is A Revolutionary Tech: Top 6 Amazing Reasons To Invest In Them
![ethereum-etfs-aren’t-blockchain-but-is-a-revolutionary-tech:-top-6-amazing-reasons-to-invest-in-them](https://theblockchainexaminer.com/wp-content/uploads/2024/07/51834-ethereum-etfs-arent-blockchain-but-is-a-revolutionary-tech-top-6-amazing-reasons-to-invest-in-them.png)
The financial landscape is rapidly evolving, with the integration of blockchain technology and cryptocurrencies becoming more prominent. Among these, Ethereum ETFs (Exchange-Traded Funds) have emerged as a significant investment vehicle, offering exposure to the Ethereum blockchain’s native cryptocurrency, Ether (ETH), without requiring direct ownership. However, it’s crucial to understand that Ethereum ETFs are distinct from the blockchain itself and serve different purposes in the investment world.
Understanding Ethereum and ETFs
Ethereum: A decentralized platform that enables the creation and execution of smart contracts and decentralized applications (dApps). It operates using its cryptocurrency, Ether (ETH), which fuels the network.
ETF (Exchange-Traded Fund): A type of investment fund that holds a collection of assets and is traded on stock exchanges. ETFs can include various asset classes, such as stocks, commodities, or bonds.
Ethereum ETFs: The Intersection of Traditional Finance and Cryptocurrency
An Ethereum ETF provides a way for investors to gain exposure to the price movements of Ether without directly purchasing the cryptocurrency. This is achieved through an ETF structure, where the fund holds assets linked to the value of Ether, and investors can buy shares of the ETF on traditional stock exchanges.
Key Features of Ethereum ETFs:
- Indirect Exposure: Investors gain exposure to Ether’s price changes without needing to manage or store the cryptocurrency themselves.
- Regulatory Compliance: Unlike the relatively unregulated cryptocurrency market, ETFs operate under the oversight of financial regulators, offering a layer of investor protection.
- Accessibility: Ethereum ETFs are available through traditional brokerage platforms, making them accessible to a broader range of investors.
Why Invest in an Ethereum ETF?
- Diversification: Including an Ethereum ETF in a portfolio can provide exposure to the cryptocurrency market, potentially enhancing diversification beyond traditional assets.
- Convenience and Familiarity: ETFs are a familiar investment product, simplifying the process of investing in cryptocurrencies.
- Professional Management: ETF managers handle the investment decisions, including the buying and selling of assets, which can be advantageous for those less familiar with the cryptocurrency space.
- Regulatory Oversight: ETFs are subject to regulatory scrutiny, potentially offering more safety and transparency compared to direct cryptocurrency investments.
- Potential for Growth: As the cryptocurrency market grows, ETFs linked to assets like Ether may benefit from rising prices.
Key Differences Between Ethereum and Ethereum ETFs
While both are related to the Ethereum blockchain, Ethereum itself and Ethereum ETFs represent different forms of investment:
- Ethereum (ETH):
- Direct ownership of the cryptocurrency.
- Full exposure to Ethereum’s features, including staking and network participation.
- Traded on cryptocurrency exchanges.
- Highly volatile and largely unregulated.
- Ethereum ETF:
- Indirect exposure through shares representing Ether’s value.
- Traded on traditional stock exchanges under regulatory oversight.
- Offers a more stable and familiar investment structure.
- Typically lower volatility compared to direct cryptocurrency ownership.
Future Considerations for Ethereum ETFs
The approval and launch of Ethereum ETFs mark a significant milestone in bringing cryptocurrencies closer to mainstream finance. They offer a convenient and regulated means for investors to gain exposure to the growing digital assets market. However, they also come with limitations, such as not allowing direct participation in the Ethereum ecosystem’s innovations, like dApps and smart contracts.
As the market evolves, we may see more sophisticated financial products that better capture the full potential of the Ethereum ecosystem. For now, Ethereum ETFs provide a balanced option for those interested in cryptocurrency exposure within the framework of traditional finance.
In conclusion, while Ethereum ETFs offer a gateway into the world of digital assets, they should be viewed as complementary to, rather than a replacement for, direct investment in the underlying blockchain technologies. Investors should carefully consider their investment goals, risk tolerance, and the unique attributes of both Ethereum and Ethereum ETFs when making investment decisions.
Source: blockchainmagazine.net
The post Ethereum ETFs Aren’t Blockchain But Is A Revolutionary Tech: Top 6 Amazing Reasons To Invest In Them appeared first on HIPTHER Alerts.
Blockchain
Nexo Reaffirms Commitment to Data Protection with SOC 3 and SOC 2 Compliance
![nexo-reaffirms-commitment-to-data-protection-with-soc-3-and-soc-2-compliance](https://theblockchainexaminer.com/wp-content/uploads/2024/07/51836-nexo-reaffirms-commitment-to-data-protection-with-soc-3-and-soc-2-compliance.png)
Nexo, a leading institution in the digital assets industry, has reinforced its commitment to data security by renewing its SOC 2 Type 2 audit and attaining a new SOC 3 Type 2 assessment without any exceptions. This rigorous audit process, conducted by A-LIGN, a respected independent auditor specializing in security compliance, confirms Nexo’s adherence to stringent Trust Service Criteria for Security and Confidentiality.
Key Achievements and Certifications
- SOC 2 and SOC 3 Compliance:
- SOC 2 Type 2: This audit evaluates and reports on the effectiveness of an organization’s controls over data security, particularly focusing on the confidentiality, integrity, and availability of systems and data.
- SOC 3 Type 2: This public-facing report provides a summary of SOC 2 findings, offering assurance to customers and stakeholders about the robustness of Nexo’s data security practices.
- Additional Trust Service Criteria:
- Nexo expanded the scope of these audits to include Confidentiality, showcasing a deep commitment to protecting user data.
- Security Certifications:
- The company also adheres to the CCSS Level 3 Cryptocurrency Security Standard, and holds ISO 27001, ISO 27017, and ISO 27018 certifications, awarded by RINA. These certifications are benchmarks for security management and data privacy.
- CSA STAR Level 1 Certification:
- This certification demonstrates Nexo’s adherence to best practices in cloud security, further solidifying its position as a trusted partner in the digital assets sector.
Impact on Customers and Industry Standards
Nexo’s rigorous approach to data protection and compliance sets a high standard in the digital assets industry. By achieving these certifications, Nexo provides its over 7 million users across more than 200 jurisdictions with confidence in the security of their data. These achievements not only emphasize the company’s dedication to maintaining top-tier security standards but also highlight its proactive stance in fostering trust and transparency in digital asset management.
Nexo’s Broader Mission
As a premier institution for digital assets, Nexo offers a comprehensive suite of services, including advanced trading solutions, liquidity aggregation, and tax-efficient credit lines backed by digital assets. Since its inception, the company has processed over $130 billion, showcasing its significant impact and reliability in the global market.
In summary, Nexo’s successful completion of SOC 2 and SOC 3 audits, along with its comprehensive suite of certifications, underscores its commitment to the highest standards of data security and operational integrity. This dedication positions Nexo as a leader in the digital assets space, offering unparalleled security and peace of mind to its users.
Source: blockchainreporter.net
The post Nexo Reaffirms Commitment to Data Protection with SOC 3 and SOC 2 Compliance appeared first on HIPTHER Alerts.
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