Blockchain
Datavault® Launches Branded Degree and Utility Tokens for Colleges & Universities Worldwide
Data Vault Holdings Inc., the emerging leader in metaverse data visualization, valuation, and monetization announced today that it has minted NFT tokens for leading Colleges and Universities in the United States that are designed to commemorate and recognize student achievements of all types across every learning discipline. Branded tokens bearing the brands of institutions have been designed and launched by Data Vault Holdings for Pacific Conference PAC 12, Big Ten Conference, Community Colleges and Historically Black Colleges and Universities (HBCUs). By utilizing Datavault®’s patented technology, educational institutions of all sizes can establish branded coin inventories and historical blockchain registries. Higher learning institutions are enabled by the Datavault® platform with on-the-fly minting as well as regimented token issuance, memorializing degree issuance, Dean’s list and academic achievement as well as student athlete and performing arts.
As an example, a student will receive tokens for completing a Bachelors, Masters or Doctoral degree with additional issuances to student athletes that have secured roster or individual positions within the College and University Athletics Departments. These tokens contain performance statistics video, alumni messages, coaching and multimedia of all types.
Nathaniel Bradley, CEO of Data Vault Holdings, Inc. stated, “It’s the power of our platform that is on display with our college and universities’ deployment. NIL legal specialists and faculty will maximize the benefits to students presented by our innovative new Web 3.0 tools. Name, image and likeness opportunities that the Metaverse and NFTs have unlocked are nothing short of a breakthrough. Datavault’s patented ability for students to monetize their image and likeness through compliant Web 3.0 strategies represents a large-scale opportunity for marketers, brands, donors and other College and University utilities. With our patented and expanding technology, NIL opportunities for students to become remunerated by capturing and preparing data assets from their college careers are now abundant. This is an exciting time to be a student especially here in America at the epicenter of this technology proliferation and exploration. Carefully planning and deploying with insights, regulatory oversight and foresight gives Colleges and Universities many fundamental advantages.”
Douglas DePeppe, a data rights attorney and member of the Crypto Team at Sports-ISAO, added, “It is exciting to see University and College students and student athletes pursue this NFT opportunity with Data Vault Holdings. Smart Contracts, which are embedded into the Web 3.0 architecture at Datavault®, will help address the privacy, brand, and compliance issues which permeate the emerging NIL marketplace. It is important that data governance via smart contracts and other frameworks accompanies the NIL monetization strategy, particularly with university NIL programs which seek to promote their student athletes.”
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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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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