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Community-based social platform Cinfinix with one-click NFT creation feature formally launched

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Hieroglyph Digital Technology, a blockchain innovation company, recently launched a cross-chain Non-Fungible Token (NFT) social platform, Cinfinix, based on Ethereum (ETH) and Polygon technologies. The platform allows users to create and display their NFTs freely to identify their individual value through better engagement with the community, while realizing innovative ideas to capitalize private social data and give rise to the personal digital economy. The app can be downloaded and installed directly from the Apple and Google Play stores, enabling users to have instant access to the metaverse.

The maturing of Web3.0 technologies and applications has allowed for the rapid development of varied NFT projects. As a unique token which can not be split up, NFT is quickly gaining popularity among investors and creators. According to the blockchain data platform Chainalysis, the value of smart contracts for creating NFTs on the ETH blockchain exceeded US$40.9 billion in 2021. However, how to create and specifically define the value of a NFT has always been the greatest concern of investors, creators, metaverse fans and researchers.

The purpose behind the launch of Cinfinix is to rewrite the initial definition of NFT in a narrow sense and extend the scope of the definition, considering personal digital assets and the value attributed to them by Web3.0-based NFTs  as a new way to highlight one’s personal identity, community activities and social experience in the metaverse space. The intangible assets also serve as a fast pass by which individuals can enter the metaverse world.

Based on Web3.0 technologies, Cinfinix integrates the core elements of the metaverse, including self-built communities, creators, originality, credibility, communality and common areas of interest, with infinite possibilities and unlimited creativity, empowering every creator with NFT properties and functions. Different groups of users, such as individuals, brands, merchants and organizations, can engage in a variety of creative social activities on the platform, with each one making a contribution to the development of the personal digital economy.

No limits for creating NFTs

As part of one’s private assets, creations on social media representing a person ‘s value are owned by users. They can publish any amount of beneficial content on the platform as a way of sharing their experience and reflecting their personal value by establishing a presence in the My Community and/or My Home sections.

NFTs can be created without any content and format limits. It can be a text, a photo, an audio or a video. After being created, an NFT can be placed for sale on the Cinfinix platform.

Self-determined community-oriented social networking

Built upon Web 3.0 ‘s decentralized blockchain protocol, Cinfinix encourages users to interact with others freely. Whether your are an user, a creator or a brand, you can choose a role as an Explorer, Contributor and Metaverse Rising Star on the platform to build your own or join different types of communities where you can monetize your NFTs, gain more influence and increase your personal wealth.

One-click NFT creation without any costs

By connecting to a digital wallet, users are able to convert their content directly into an NFT and become the owner of a real-time unique NFT with one touch. After completing daily check-ins or participating in community social tasks, users can also be rewarded with bonus points (CIX). Moreover, they can upgrade their status and receive more NFT shares and platform tokens based on their contributions to the community. In the early stage of the launch, CIX points can be directly used to tokenize NFTs, totally cost-free.

Exclusive NFT authentication

With Cinfinix’s strong social properties, various brands and participants can build their own communities on the platform including creating an NFT membership card, establishing member benefits and initiating community activities to enhance user stickiness.

Cinfinix offers a wealth of operational tools to boost the development of communities, including Web3.0 digital marketing tools that brands can use to create an autonomous business ecosystem of metaverse KOLs.

Pre-Seed financing for the app was completed prior to the launch. Remaining funds will be applied to the leveraging of Web3.0 technologies to gradually roll out a number of personal digital economy services to users, with the triple goal of assisting active communities in issuing governance tokens, opening up a crowdfunding platform, and putting in place the development plans for Cinfinix and DAOs within each community.

With the help of various authentication tools, Cinfinix is launching a personal NFT showroom for students, where they can showcase their school life and enrich their job applications. In addition, Cinfinix has started a partnership program to invite NFT projects, brands, merchants, and organizations around the world to join the platform and establish a community.

Become a Cinfinixer and join the community to create a new NFT experience together.

Official website: https://cinfinix.io/

Wladimir P. is a Content Editor at European Gaming Media and at PICANTE Media and covers a large variety of industries.

Blockchain

39% of Canada’s institutional investors have exposure to crypto: KPMG

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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

The post 39% of Canada’s institutional investors have exposure to crypto: KPMG appeared first on HIPTHER Alerts.

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Blockchain

BounceBit (BB) Megadrop Now Open: Participate by Subscribing to BNB Locked Products or Completing Web3 Quests

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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

The post BounceBit (BB) Megadrop Now Open: Participate by Subscribing to BNB Locked Products or Completing Web3 Quests appeared first on HIPTHER Alerts.

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Blockchain

Cronos collaborates with KYVE to revolutionize Blockchain Data

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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

The post Cronos collaborates with KYVE to revolutionize Blockchain Data appeared first on HIPTHER Alerts.

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