Blockchain
CRIPCO debuts with IP3 token listing on FTX as it launches IP-based Blockchain and NFT Business
Global blockchain and NFT company CRIPCO has announced that it will list its native IP3 token on leading global cryptocurrency exchange FTX, as part of an Initial Exchange Offering (IEO) starting on July 8, 2022.
The FTX listing will enable CRIPCO to establish a blockchain and NFT business based on intellectual property (IP) by using its own NFT marketplace and platform, to maximize NFT usage while building its own ecosystem. This will provide a gateway for entertainment or IP companies as well as individuals to start their own IP-based digital content businesses, including those related to NFTs.
In this approach, CRIPCO is presenting its ‘IP 3.0 Hub’ initiative, a brand-new structure tailored to the Web 3.0 era, where everyone becomes a consumer and provider of IP that organically creates, utilizes, and monetizes their creations with the community. It invites global players to engage in NFT and metaverse spaces, while propelling CRIPCO to the forefront of the blockchain-NFT space.
CRIPCO’s vision to build an ecosystem where anyone can easily create, consume, and monetize using various IPs and NFTs has led to investments from leading global blockchain venture capitals such as FTX Ventures and SOLANA Ventures. Major corporations from various fields, renowned artists, and other influential members across industries are also participating in the Decentralized Autonomous Organization (DAO), recognizing CRIPCO’s growth potential. Participants include IPX (formerly LINE FRIENDS), street fashion legend Hiroshi Fujiwara, Marciano MMG, NAVER Z (ZEPETO), Edison Chen, KB (Kyubum Lee), and James Fauntleroy.
With a DAO governance model transparently selecting diverse and attractive IPs, a marketplace for realizing and growing NFT businesses, and its own native IP3 currency for purchasing goods and NFTs, CRIPCO is determined to successfully establish itself in the market, and the FTX listing is expected to be the first step towards achieving this vision.
“By listing our IP3 token on the globally recognized FTX exchange, we are expanding the CRIPCO ecosystem for everyone to participate in,” said Kimberly Hyunkew Lee, CEO of CRIPCO. “This will enable the opportunity to collaborate with many global IPs and brands and will create a new IP-based NFT business model.”
“Our decision to partner with CRIPCO is based on our belief that it will be a strategic player in the global NFT market, with its unique IPs and popular user adoptions. CRIPCO is set to lead the way in the long run with its creative and high-quality NFT launches,” said a partner at FTX Ventures.
A representative at SOLANA Ventures said, “As part of our strategic partnership with CRIPCO, we are planning and working together on a variety of projects. In the blockchain and NFT markets, we should expect dynamic changes and creative innovations that will lead to collaboration and synergy between our two companies.
“With the FTX listing, CRIPCO’s ‘IP 3.0 Hub’ vision is expected to drive innovations in the ecosystem of digital content creation in a decentralized manner, empowering individuals to participate in content and product creation from scratch.
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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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