Blockchain
Xchange Monster launches new crypto products for gamers and developers
Crypto platform Xchange Monster has launched two new products for the gaming industry with interaction platform Monster Exchange and Monster Wallet App.
Xchange Monster’s value-based ecosystem is powered by the $MXCH token, which is available for public sale as of May 1 for $0.675 per token. The $MXCH token allows users to fully benefit from the product suite by holding the tokens in the wallet or exchanging them on our exchange.
Xchange Monster’s value-based ecosystem connects players with operators and developers, strengthening the interaction between them. This unique platform solution is available through Xchange Monster’s new complete package for developers and the gaming community.
“We have a unique opportunity to bring together all elements of the gaming community on a single Web 3.0 platform. Our goal is to make buying and selling crypto straightforward and easy, while allowing for creativity with in-game NFTs,” says Managing Director Felix Honigwachs.
“We know that developers need to earn something to invest in even better gaming experiences. I’m most excited about the Monster Wallet app, because it not only contains crypto and NFTs, but also gives our worldwide community enormous value.”
The Monster Wallet app was developed for users to keep their in-game assets, like cryptocurrencies, safe and secure. Such assets can also be exchanged in-game, while payments can be received in cash instantly.
In the future, Xchange Monster plans to expand the Monster Wallet app to include NFT storage as well. Another advantage to using the Monster Wallet app is its cost-effectiveness, with transaction fees falling below the industry average.
Monster Exchange serves as an interaction platform for buyers and sellers of cryptocurrencies. Operators can list their game coins on the Monster Exchange platform, which are then available directly in the Monster Wallet app.
“Since many users will also be registered on the exchange, it will be easier to ensure liquidity while improving various savings and credit options. Again, the security of user information and gaming ability is paramount. Therefore, Monster Exchange is licensed in Switzerland for both crypto and FIAT,” Honigwachs continues.
Blockchain
39% of Canada’s institutional investors have exposure to crypto: KPMG
According to a report from CoinTelegraph, nearly forty percent of institutional investors in Canada have exposure to cryptocurrency, as revealed by KPMG. This finding underscores the growing acceptance and adoption of digital assets among institutional investors in the country.
The report indicates that a significant portion of institutional investors in Canada are actively investing in or exploring opportunities in the cryptocurrency market. This trend reflects a shift in sentiment towards digital assets, with more investors recognizing the potential for long-term growth and diversification offered by cryptocurrencies.
KPMG’s findings highlight the increasing mainstream acceptance of cryptocurrencies among traditional investors, as well as the growing interest in blockchain technology and its potential applications across various industries. As institutional investors continue to enter the cryptocurrency market, they are expected to bring additional capital and liquidity, further fueling the growth and maturation of the digital asset ecosystem.
Overall, KPMG’s report signals a significant milestone in the adoption of cryptocurrencies in Canada, indicating that institutional investors are increasingly recognizing the value proposition of digital assets and integrating them into their investment portfolios. This trend is likely to accelerate the broader adoption and mainstream acceptance of cryptocurrencies in the country and beyond.
Source: cointelegraph.com
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Blockchain
BounceBit (BB) Megadrop Now Open: Participate by Subscribing to BNB Locked Products or Completing Web3 Quests
The BounceBit (BB) Megadrop is now open for participation, as announced by Blockchain.News. This event presents an exciting opportunity for users to earn BB tokens by engaging in various activities, including subscribing to BNB locked products and completing Web3 quests.
Participants can join the BB Megadrop by subscribing to BNB locked products or completing Web3 quests, both of which offer different avenues for earning BB tokens. By participating in these activities, users have the chance to accumulate BB tokens and potentially benefit from the rewards associated with the Megadrop.
Subscribing to BNB locked products allows users to earn BB tokens by locking their BNB assets for a specified period. This not only provides users with an opportunity to earn rewards but also contributes to the liquidity and stability of the BounceBit ecosystem.
Additionally, completing Web3 quests offers users an alternative way to earn BB tokens by engaging in various tasks and challenges related to Web3 technology. These quests provide users with a fun and interactive way to learn about blockchain and cryptocurrency while earning rewards in the form of BB tokens.
Overall, the BB Megadrop presents an exciting opportunity for users to participate in the BounceBit ecosystem and earn rewards by engaging in activities that contribute to the growth and development of the platform. As the Megadrop progresses, participants can look forward to additional opportunities to earn BB tokens and potentially benefit from the rewards associated with this event.
Source: blockchain.news
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Blockchain
Cronos collaborates with KYVE to revolutionize Blockchain Data
Cronos, a prominent blockchain platform, has announced a collaboration with KYVE aimed at revolutionizing blockchain data, as reported by CryptoNewsZ. This partnership represents a significant step forward in enhancing the efficiency and scalability of blockchain data storage and retrieval.
The collaboration between Cronos and KYVE seeks to leverage KYVE’s decentralized data storage and retrieval solution to enhance the capabilities of the Cronos blockchain platform. By integrating KYVE’s technology, Cronos aims to address the challenges associated with storing and accessing large volumes of data on the blockchain, such as scalability and cost-effectiveness.
KYVE’s decentralized data storage solution utilizes a network of distributed nodes to store and retrieve data, ensuring high availability and reliability. This approach not only improves the efficiency of data storage and retrieval but also enhances the security and resilience of the blockchain network.
The partnership between Cronos and KYVE is expected to unlock new possibilities for decentralized applications (dApps) and smart contracts built on the Cronos platform. By providing a more efficient and scalable solution for blockchain data management, Cronos aims to attract developers and enterprises seeking to leverage blockchain technology for a wide range of applications.
Overall, the collaboration between Cronos and KYVE represents a significant development in the blockchain industry, highlighting the importance of innovation and collaboration in driving the evolution of decentralized technologies. As the partnership progresses, it is poised to deliver transformative benefits for blockchain data management and accelerate the adoption of decentralized applications and services.
Source: cryptonewsz.com
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