Blockchain
MultiNFT pushes token sale date
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/
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Kyrrex Expands into the U.S. Market, Offering Crypto Solutions with Low Fees
Kyrrex, a crypto ecosystem, is thrilled to announce its official launch in the United States. With operations now live in ten states, Kyrrex is poised to offer American users a platform for cryptocurrency trading, payments, and wallet management.
Kyrrex’s U.S. platform enables users to buy and trade cryptocurrencies with competitive commissions of just 0.2%, making crypto transactions efficient and cost-effective. Available in California, Colorado, Hawaii, Utah, Indiana, Wisconsin, Missouri, Montana, Massachusetts, and Wyoming, Kyrrex is rapidly expanding to other regions across the U.S.
“We’re incredibly excited to bring Kyrrex to the U.S. market,” said Mike Romanenko, CVO & Co-Founder at Kyrrex. “Our platform is designed to offer American users a safe and reliable way to manage all their crypto needs, and we look forward to growing our presence across the country.”
Why the U.S. Market Matters for European Crypto Companies
The U.S. represents one of the largest and most dynamic crypto markets in the world. As of 2024, the U.S. accounts for over 25% of global cryptocurrency activity, driven by increasing institutional investment and mainstream adoption. The approval of Bitcoin exchange-traded Funds (ETFs) has boosted institutional interest significantly, signaling a shift toward greater acceptance of cryptocurrencies as full-fledged assets. By 2025, the U.S. crypto market is expected to see substantial growth, with estimates projecting a compound annual growth rate (CAGR) of over 12% in the sector, supported by both retail and institutional demand. For companies like Kyrrex, entering the U.S. market is a strategic move to expand user reach and tap into this rapidly evolving landscape, which offers vast potential for innovation and growth.
Kyrrex’s expansion into the U.S. is a testament to the company’s commitment to building a global crypto ecosystem that connects crypto-related services in one platform. By providing American users with access to a platform that offers crypto trading, wallet services, and low-fee purchases via debit and credit cards, Kyrrex is positioned to be a responsible player in the U.S. market. After six years of building a comprehensive crypto ecosystem, the company continues to lead with regulatory compliance. Today, Kyrrex’s achievements include:
- Saint Vincent and the Grenadines: Kyrrex Limited is registered and recognized by the SVG Financial Services Authority, providing a foundation of trust and security;
- Malta: REX, part of the Kyrrex ecosystem, obtained a prestigious VFA Class 4 license in 2021, allowing the platform to offer Virtual Financial Assets (VFA) services while maintaining the highest European regulatory standards;
- United States: Kyrrex is registered with FinCEN as a Money Services Business (MSB) and is available in 10 U.S. states, including California, Massachusetts, and Utah.
Kyrrex ecosystem is also preparing for future regulatory changes by applying for a Class 3 MiCA (Markets in Crypto-Assets) license and an EMI (Electronic Money Institution) license in Malta and the U.K. Also, the company applied for an Investments Services license, which will enable brokerage services from and within Malta. This strategic approach ensures that Kyrrex will continue to offer secure and compliant services across multiple jurisdictions.
“Kyrrex’s entry into the U.S. comes at a critical time as regulations around cryptocurrency continue to evolve. The company’s commitment to regulatory compliance demonstrated through adherence to U.S. state law, positions Kyrrex as a responsible and reliable platform for American users. As part of Kyrrex’s mission, we will continue working closely with U.S. regulators to ensure that our platform remains compliant with the highest regulatory standards.”, stated Mr. Romanenko from Kyrrex.
With plans to expand into more states and enhance its service offerings, Kyrrex is dedicated to reshaping the operations of digital assets by providing users with secure, efficient, and regulated crypto solutions.
The post Kyrrex Expands into the U.S. Market, Offering Crypto Solutions with Low Fees appeared first on HIPTHER Alerts.
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