Connect with us
European Gaming Congress 2024

Blockchain

CRIPCO debuts with IP3 token listing on FTX as it launches IP-based Blockchain and NFT Business

Published

on

 

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.

Advertisement
Stake.com

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.

Advertisement
Stake.com

Blockchain

Global Fintech Market Size To Worth USD 1009.10 Billion By 2033 | CAGR Of 14.01%

Published

on

global-fintech-market-size-to-worth-usd-100910-billion-by-2033-|-cagr-of-14.01%
Continue Reading

Blockchain

Legal Luminary Sarah Brennan Champions Pioneering Crypto Regulation Approaches

Published

on

legal-luminary-sarah-brennan-champions-pioneering-crypto-regulation-approaches

Sarah Brennan, an accomplished figure in corporate and securities law, serves as General Counsel at Delphi Ventures, focusing on investments in the Web3 space. With over 14 years of experience in securities law and a deep involvement in digital assets since 2017, Brennan also co-leads LeXpunK, a collective dedicated to establishing legal frameworks for decentralized digital communities.

In a candid interview with a prominent cryptocurrency news outlet, Brennan discussed various critical topics. She addressed the emergence of crypto super PACs, funded significantly by major firms like Ripple and Circle, to counter strict SEC regulations. Brennan viewed the SAB 121 bill, backed by the US administration, as potentially isolating the crypto community from broader financial integration.

While acknowledging the influence of centralized entities in advocating for crypto interests, Brennan cautioned against replicating traditional financial hierarchies within the crypto sphere, which contradicts its revolutionary ethos. She expressed concerns about monopolistic scenarios that could dominate the crypto landscape, exerting excessive control over essential industry components and traditional financial operations.

Regarding regulatory challenges, Brennan advocated for tailored regulations to manage systemic risks posed by large centralized crypto institutions. She criticized the current regulatory opacity and inconsistency, which she believes have fostered suboptimal business practices. Through LeXpunK, Brennan endeavors to pioneer experimental legal structures that could redefine regulatory compliance for token issuances, though reception from policymakers has been lukewarm.

Advertisement
Stake.com

Looking ahead, Brennan emphasizes the need for proactive regulatory approaches using antitrust measures to prevent crypto monopolies, promote decentralization, and target bad actors. However, she highlighted the persistent communication gap between crypto-literate legal advocates and hesitant regulators as a significant obstacle.

Brennan continues to drive forward her mission through new advocacy platforms aimed at shaping the future of cryptographic regulation, navigating complexities to ensure balanced and effective regulatory frameworks in the evolving crypto landscape.

Source: shakirabrasil.info

The post Legal Luminary Sarah Brennan Champions Pioneering Crypto Regulation Approaches appeared first on HIPTHER Alerts.

Advertisement
Stake.com
Continue Reading

Blockchain

Italy Ramps Up Crypto Oversight in Line with MiCA

Published

on

italy-ramps-up-crypto-oversight-in-line-with-mica

Italy is preparing to strengthen its oversight of cryptocurrency markets to align with the European Union’s Markets in Crypto-Assets (MiCA) regulatory framework. This initiative, initially enacted in 2022, aims to impose stricter monitoring of digital asset markets, particularly targeting insider trading and market manipulation. Under the new decree, fines ranging from 5,000 to 5 million euros ($5,400 to $5.4 million) will be imposed based on the severity of violations, reinforcing compliance and market integrity.

For blockchain firms and decentralized finance (DeFi) protocols, MiCA presents significant challenges. These entities must decide between fully decentralizing their networks or complying with MiCA’s Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations. Fully decentralized networks are exempt from reporting requirements but risk non-compliance if they employ foundations or intermediaries moderating communities.

Centralized exchanges like Binance are adapting to MiCA by categorizing stablecoins as authorized or unauthorized, aligning with regulatory requirements without delisting these assets from spot markets. Uphold has similarly adjusted by delisting certain stablecoins for compliance purposes.

Despite regulatory pressures, experts are optimistic about stablecoins’ future. Figures like Jeremy Allaire, CEO of Circle, predict stablecoins could represent 10% of the money supply within a decade. They anticipate widespread adoption driven by benefits such as financial inclusion, lower remittance costs, and seamless cross-border commerce via public blockchains.

Advertisement
Stake.com

This regulatory framework underscores the transformative potential of stablecoins and blockchain technology within the global financial system.

Source: coinfomania.com

The post Italy Ramps Up Crypto Oversight in Line with MiCA appeared first on HIPTHER Alerts.

Continue Reading
Advertisement
Stake.com
Advertisement

Latest News

Recent Listings

  • Global Payout, Inc.

    Since the Company’s inception in 2009, Global Payout, Inc. has been a leading provider of compreh...

  • MTrac Tech Corp.

    MTrac Tech Corporation, a Nevada Corporation, is a privately held, wholly owned subsidiary of Glo...

  • Net1

    Net1 is a leading provider of transaction processing services, financial inclusion products ...

  • uBUCK Technologies SEZC

    Based in Georgetown, Cayman Islands, uBUCK Tech is a fintech enterprise that specializes in digit...

  • LiteLink Technologies Inc.

      LiteLink is a major player in developing world-class enterprise platforms that utilize ar...

  • Good Gamer Corp.

      Good Gamer Corp. is a privately-held technology company focusing on gamers and streamers....

  • BitPay

      Founded in 2011, BitPay pioneered blockchain payment processing with the mission of trans...

  • About Net1

      Net1 is a leading provider of transaction processing services, financial inclusion produc...

  • Blockchain Foundry Inc.

    Headquartered in Toronto, Canada, Blockchain Foundry (CSE:BCFN)(FWB:8BF)(OTC:BLFDF) is a global b...

  • Sixgill

    Sixgill provides a full suite of universal data automation and authenticity products and services...

Trending on TBE