Blockchain
MultiNFT launches public token sale to expand live music in Metaverse clubs
MultiNFT, an NFT platform connecting musicians and artists with their fans through an interactive and curated Metaverse experience, launches the public sale of its $MNFT token beginning on April 20 at 10:00 am GMT. The sale comes on the heels of two recent successful private presales and MultiNFT’s opening of its first two Metaverse nightclubs.
MultiNFT CEO Guy Goldenberg fled Ukraine with his family as Russian missiles began landing in Kyiv, where the majority of his team lived and worked in the midst of the company’s previous VIP sale. Now stationed in Barcelona, MultiNFT continues pushing forward with its roadmap. Alongside the launch of its public sale, the company opened MultiNFT Club in Cryptovoxel and will soon debut a VR nightclub in Somnium Space.
MultiNFT’s public token sale will run from April 20 until April 25 on its website, MultiNFT.io. Within the following month, the $MNFT token will be listed on the leading decentralized exchange Uniswap. Investors with a MetaMask (as well as most other wallets) can purchase the $MNFT token through the WalletConnect protocol using USDT, ETH, and MATIC. Additionally, beginning on April 20, NFT holders will start receiving 42 $MNFT every day as part of MultiNFT’s NFT Holders Incentive Program. The program rewards participants and NFT holders by facilitating DeFi pools, enabling early access to special content, rare NFT drops, and more.
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. $MNFT, launched as an ERC777 token (fungible token standard improving the existing ERC-20 standard) on the Ethereum blockchain as well as on Polygon, powers the MultiNFT ecosystem.
“We are really excited to debut our token on these exchanges,” says Guy Goldenberg, MultiNFT’s CEO. “It has been a crazy month; we fled Kyiv following the Russian invasion, re-established our headquarters in Barcelona, and immediately started preparing for our public sale. We overcame these challenges and are happy with the results and progress towards the public sale and our Metaverse events.”
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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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