Category Archives: News

What is the answer of Binance WODL?

To celebrate Binance’s 5th anniversary, and to add freshness to the world of cryptocurrencies, Binance News recently launched a WODL word guessing game (Binance Word Puzzle Event), which involves guessing the difference between cryptocurrencies and cryptocurrencies. Blockchain-related English words can earn cryptocurrency rewards. All registered users of Binance can participate in this game, and as long as you guess a certain number of English words, you can win the game. After accumulating a certain number of wins, you can also divide their reward pool!

Recently, the currency circle is really too bearish. There are no good projects to swipe hair. I often get slapped, and the cabbage is miserable. I really can’t move! So when I discovered the fun little game Binance, I was really surprised! After playing for a while, I feel that this game is simple and easy to learn, and it can also be rewarded.

Players have 2 chances to participate in the WODL game every day, and find out the English words related to the cryptocurrency blockchain through the three article prompts given.

What if you run out of opportunities? After the game is over, you can click “Play WODL again” to share a piece of Binance news of the day to social media. After the shared link is clicked, you can get additional opportunities.

In the process of clearing the level, players can try to fill in the word into the card surface multiple times. After each guess, the color of the card surface will change. After confirming, relying on the color of the cursor can show how close your guess is, so that you can More information about this word is available.

Get 5 correct answers or more during the event, and you are eligible to share the bonus with other Binance players. Isn’t this attractive?

Even if you could not figure out the answer. Click on the telegram group below, you can get customs clearance skills here, and you can communicate with many big guys!

Telegram link: https://t.me/apis_go

AIOT Network opens the era of stars – The MetaGem project is fully launched and very popular.

As a multi-chain architecture blockchain for the Internet of Things, AIOT adopts an original consensus mechanism to quickly build and backward compatible with multiple diverse blockchain systems! AIOT’s original PoW+DpoS consensus algorithm, combined with the most advanced mining equipment can realize the goal of “interconnection of all things and environmentally friendly mining” in a relatively fair, safe and decoupled manner.

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AIOT’s new ecosystem-Metage was officially launched on September 17. Metage is committed to creating a decentralized NFT multi-chain aggregation trading platform. The positioning is clear and the new gameplay in line with the times combines the DEFI+NFT diversified metaverse runaway mode.

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MetaGem is a combination of six spiritual stone fragments, including wind, fire, thunder, earth, water, and light, led by King Abelon, who led many different magical talents! At the same time, King Abelon must destroy the demons hiding in the darkness to get money, courage, strength and more fortune!

The starting point of MetaGem design is to popularize the NFT gameplay. You can open NFT cards through blind box quiz. In addition to obtaining AIOT tokens, cards also include card synthesis and card trading. After GameFi goes online, you can also synthesize various heroes and equipment.

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The diversified new gameplay of MetaGem is revolutionary. Its value can not only be carried by cryptocurrency, but also can be carried in another new and unique way.

With the help of the new ecology of MetaGem, the consensus of AIOT will be further improved, and the market transaction volume and transaction frequency of AIOT will be increased. This further forms the scarcity of AIOT circulation in the market. Only by doing this the market value of AIOT can be truly and effectively improved.

PlugChain Born for Web3.0 Designed for Metaverse

How to enter Web3.0? 2

To enter the Web3.0 world, the most critical question is where does the data come from? 2

So where does the data in the Web 3.0 world come from? 3

If the massive data of Web2.0 is distributed to Web3.0, what will happen?? 3

In this context, PlugChain was born. 5

In The first anniversary of PlugChain: technology is backward compatible, ecology grows upward 6

Step by step, the ecology grows upward 7

Steady and steady, technology is backward compatible 10

New upgrade, start a new journey 13

Related Links 15

PlugChain 15

Trading platform:PC/USDT 16

media matrix 16

How to enter Web3.0?

When it comes to 2022, the global Web 3.0 and the metaverse are striding into the mainstream of history, and human civilization has ushered in a new era of value revolution. In such a historical trend, numerous infrastructures, application scenarios, and value ecosystems are developing explosively. Whoever can occupy the ecological niche for the first time will be able to obtain the first wave of dividends of Web3.0. In the fierce competition of global developers, operators, capital, and markets, history has been promoted unprecedentedly, but it has also encountered some obstacles.

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低可信度描述已自动生成

To enter the Web3.0 world, the most critical question is where does the data come from?

In Web 2.0, data is oil and a factor of production. Without data, the Internet is just a bunch of empty shelves. In Web3.0, data is not only a factor of production, but also a carrier of value: token is data, and NFT is also data. Through blockchain confirmation, data is owned, and the value is circulated on the blockchain.

So where does the data in the Web 3.0 world come from?

Answer: Since Web2.0, a lot of infrastructure has been built in the Web3.0 world. In the current 3 years, such as Ethereum, Binance Smart Chain, Solana, more public chains will be born in the future, but None of them have solved the problem of data sources, so it is difficult to break the circle of application scenarios on the chain, and there are also many application scenarios that are difficult to implement!

If the massive data of Web2.0 is distributed to Web3.0, what will happen??

For example: STEPN is a Web3.0 running application that allows users to earn money by running (Move to Earn), which is popular all over the world for a while. The way to obtain running data is to transmit it to BSC and Solana through Web2. data, so as to carry out settlement and value transfer on the chain.

We are excited to see that once the data of Web2 is imported into Web3, it has the potential to create a DApp that is popular all over the world. Conversely, if Web3 lacks data, all infrastructure and application scenarios will inevitably become castles in the air.

In fact, there are many technical difficulties in bringing Web2 data to Web3, such as: how to unify data standards? When multiple public chains need data, how to efficiently input data to each public chain? After the data is input, how can the data of the same DApp and NFT be synchronized between multiple public chains in real time?

Only when these problems are solved, can more scale and more influential application scenarios than STEPN be able to land and explode like bamboo shoots after a rain.

In this context, PlugChain was born.

PlugChain takes the aggregated cross-chain oracle protocol as the core, adopts the PoS consensus mechanism, integrates the advantages of high performance, high expansion, low gas, etc., to provide trusted data and ecological scenarios for the Web3.0 world, and is committed to promoting Web2.0-Web3 .0 historical process.

PlugChain uses the oracle protocol to realize the data intercommunication between Web2 and Web3, realizes the non-inductive interaction of application scenarios, adopts an aggregated method to support 100+ mainstream public chains in the world, and realizes multi-chain communication through the PlugChain cross-chain protocol. .0 application scenarios and value ecology provide the best platform.

As the PlugChain ecological token, PC carries the ecological value of PlugChain. With the upgrade of the PlugChain technology system, the increase in the number of supported public chains, the gradual increase in the amount of data, the gradual enrichment of application scenarios, and the gradual development of the value ecology, the value of PC will continue to grow.

图片包含 文本

描述已自动生成

In The first anniversary of PlugChain: technology is backward compatible, ecology grows upward

Over the past year, the crypto market has slumped from a frenzied bull market peak to a trough. The popularity of the new public chain has also plummeted from being a group of heroes more than a year ago to today. And because of frequent thunderstorms, the encryption market has been stagnant. And the new public chain lacks an unsustainable prosperous ecology; the story of the public chain is no longer attractive, and many public chain projects have been forced to stop. However, PlugChain has successfully withstood the test of the crypto market, kept moving forward, and became a surviving public chain in the industry.

As a public chain with an aggregated cross-chain oracle as the core, PlugChain has been able to operate safely to this day, and continues to innovate in products, which is enough to prove its unique advantages. Therefore, on the first anniversary of the establishment of PlugChain, by reviewing the development history of PlugChain, we will summarize the core competitiveness of the public chain and the development trend of the public chain.

Step by step, the ecology grows upward

August 2021 is a brand new starting point for PlugChain. From the public chain project establishment to the formation of the team, after countless days and nights of fine polishing by the team, PlugChain ushered in the first show of the main network: official browser, PlugChain main network and infrastructure Officially online.

The ecological token PC was also born during the rapid development of community consensus, and successively developed and traded on Lbank, XT, and BitMart trading platforms, becoming the underlying token of the PlugChain ecosystem. Similarly, in the public chain track of last year, mainstream new public chains such as Solana, Cosmos, Polkadot, and Near set off a boom in the price of public chain coins. PlugChain’s ecological token PC is also not far behind, with the highest annual increase of 300+ times, ranking the top 5 in the currency price increase list for one week in a row, and has become a hot public chain currency for a while. Behind this surge in value is not only the demonstration of the public chain ecology taking shape, but also the value cohesion of the community consensus on PlugChain.

Likewise, we have also achieved excellent results in our strategic layout. In March of this year, its ecological token PC was officially included by Coinbase, and we became a member of the global mainstream public chain. That same month, we also partnered with Armors to pass a security audit of their smart contract code. In addition, there are also shadows of our forays into distributed storage and Web3.0 ecology, establishing in-depth cooperation with SINSO on the construction of Filecoin Layer2 and Web3.0 ecosystems, linking the advantages of both parties, and jointly promoting the development of the blockchain industry.

Ecological layout, we never stop. While improving the public chain’s own infrastructure, it also continuously expands the ecosystem on the chain. As early as November last year, the official PlugChain wallet was officially launched, and a few months later, it was logged into the Google extension store. In May of this year, the official wallet 2.0 upgrade was completed, and the DApp function section was opened. In addition, we have also launched the cross-chain bridge project planning, which provides a favorable tool for the public chain to interact with assets across the chain, and also contributes to the project’s own ecology.

Steady and steady, technology is backward compatible

Technology, as the core element of the public chain. PlugChain has been adhering to the attitude of “keep improving” and constantly polish the core technology and improve the performance of the public chain.

In order to bridge the gap between the traditional market and the Web 3.0 ecosystem, PlugChain focuses on the two vertical segments of cross-chain interoperability and decentralized oracles. PlugChain acts as a powerful cross-chain oracle that businesses and institutions can leverage to connect real-world data and price information to public and private blockchains. The solution proposed by PlugChain not only delivers data directly on-chain, providing better scalability and security, but also enhances the use cases of smart contracts. In this way, the price information on the PlugChain chain has high accuracy.

In a word, under the decentralized oracle network protocol, PlugChain provides unlimited verifiable computing power to the blockchain by connecting on-chain smart contracts with off-chain Internet data, enabling more commercial applications to integrate with real-world The perfect combination of use cases makes it possible for enterprise-level scenarios to be implemented.

On the other hand, in order to expand the downward threshold boundary of PlugChain technology, PlugChain is a heterogeneous decentralized oracle network development framework compatible with all blockchains, thus providing developers with a secure oracle infrastructure. In other words, developers can develop hybrid smart contracts or customized smart contracts in any desired blockchain network, thus providing a powerful engine for promoting the development of a multi-chain ecosystem.

At present, the PlugChain network has integrated more than 100 public chain services and is compatible with multiple blockchains, including mainstream public chains such as Ethereum, Polygon, Solana, Cardano, Polkadot, Cosmos, Heco, and Binance Smart Chain.

Therefore, PlugChain can very well provide the most secure and reliable cross-chain message transmission solution for the multi-chain ecosystem, while providing high scalability and better security, while reducing network delay time. PlugChain also allows for parallel processing, while features like threshold encryption, efficient processing ensure further security.

Under the steady and steady development of the technical team, ecological fruits have been born in the soil of technology, and the increasingly perfect mainnet function has made the development of PlugChain attract much attention.

In March this year, we completed the mainnet upgrade and realized the iterative update of v1.0.0, which enriched the browser’s function of supporting PVM module data query, making the mainnet function more complete. In addition, at the end of August, the main network was upgraded again, which greatly improved the overall performance of the public chain network. From technological innovation to technological breakthrough, our team also ushered in a breakthrough of 100 people in May this year, which is also an epoch-making significance for a public chain project.

From a macro point of view, the backward compatibility of technology makes it possible to efficiently interact between the protocol layer and the application layer, thereby promoting the prosperity and development of the ecology. From a microscopic point of view, it is an interactive hub that opens up the underlying infrastructure, enabling parallelization and transmission between different blockchains and various performances.

New upgrade, start a new journey

Thanks to the precipitation of technology and the development of ecology, the builders participating in the PlugChain ecology are becoming more and more formed: strategic cooperation with SoulMeta, 42 validator nodes participate in the staking ecology, active addresses exceed 48,000, and global community users exceed 250,000. As early as last November, PlugChain received a strategic investment of US$10 million from Alpha Headge.

Looking back, it has been one year since the mainnet launch of PlugChain. From project establishment to mainnet launch, PlugChain has completed the transformation from 0 to 1. The continuous breakthrough of technology, the iterative upgrade of the main network, and the continuous expansion of the ecology are PlugChain’s march from 1 to ∞.

The technology is backward compatible, making the performance of the public chain more and more competitive; the ecology grows upward, allowing the public chain to build its own ecological moat. This is the only way for every successful public chain to grow, and it is also the way for PlugChain to stand now.

At present, a new round of brand upgrade of PlugChain is in full swing. The brand LOGO has also ushered in a new visual effect and a simple and elegant design aesthetic. The ecological token PLUGCN has also officially changed its name to PC. In order to expand the layout of the global ecological strategy, PlugChain specially established PlugLabs, which will expand the cooperation territory from various fields such as branding, strategy, investment, incubation, etc., actively explore the cooperation of high-quality ecological projects, and promote the ecological development of the PlugChain.

In the near future, PlugChain officials will also explore wider and higher-quality cooperation resources, reach in-depth cooperation with mainstream wallets, open PC/USDT transactions on TOP-level trading platforms, and reach strategic cooperation with high-quality projects, all of which will be included in PlugChain’s projects planning. It is expected that in the next six months, we will see more positive news and wider application of PlugChain.

All in all, in just one year, PlugChain has achieved an industry-leading position in the extremely competitive track of the public chain by virtue of its excellent technology and the accumulation of high-quality ecological endorsements. In the next cycle, PlugChain will also have great opportunities to continuously consolidate its market advantages by relying on its technical advantages and increasingly powerful public chain ecology. The future of the public chain is still long, and PlugChain still has a long way to go. In the days to come, I look forward to working with you to continue to work together to witness the prosperity of the development of the public chain.

Related Links

PlugChain

【Official website】https://plugchain.io

【Technical advantages】Aggregated cross-chain oracle protocol, a bridge between Web2.0 and Web3.0

【Application advantage】High performance, high expansion, low gas, rapid deployment, cross-chain communication, data support

【Ecological advantages】Support ecological linkage such as NFT, DeFi, Gamefi, DEX, Swap, Socialfi, etc.

【Global Layout】Ecological nodes and DAOs have been established in major 50+ countries around the world

【Partners】Lbank, BitMart, SoulMeta, CoinGecko, CoinMarketCap, Binance, Coinbase, Crypto.com, Sinso, Armors, xt.com, Blockiot…

Trading platform:PC/USDT

【LBank】lbank.info

【BitMart】bitmart.com

【XT】xt.com

media matrix

【Twitter】https://twitter.com/Plugchainclub

【Telegram】https://t.me/iplugchain

【Telegram Subscription】https://t.me/plugchainofficial

【Discord】https://discord.gg/9RfSSKx9EX

【YouTube】:https://www.youtube.com/channel/UCW4s0YFA7y1qYis1eW3Wcog

【Medium】https://officialplugchain.medium.com/

【Blogger】https://plugchainoffical.blogspot.com/

【Reddit】https://www.reddit.com/user/PlugChain_Offical

【Quora】https://www.quora.com/profile/PlugChain

【tumblr】https://plugchain.tumblr.com/

Application for Announcement on Digital Circulation Free Access to the First Parallel Public Chain

Digital Circulation blockchain network, which has been developed for four years, has now completed the docking port of parallel public chains. The first parallel public chain free access application and collection are now open to users around the world.

 

Application link:

English version: https://xz.dc-chain.us/ParachainRegister.doc

Chinese version: https://xz.dc-chain.us/zozhi.doc

Email for receiving applications: digitalcirculationdc@gmail.com

 

DC Lab will screen the applications received, develop the most creative needs free of charge, and test access to the Digital Circulation network.

 

DC Laboratory

September 14, 2022

Gleneagle securities will invest $20 million to deploy kns ecosystem

Gleneagle securities will invest $20 million to deploy kns ecosystem
In 2021, gleneagle company carried out exploration in the field of Web3 finance. After more than a year of preparation, it first launched the kns stock game segment at the end of 2022.


Kns ecology is the bottom layer of blockchain technology developed based on rust language and move smart contract, aiming to build the world’s largest online clearing system. As the core part of kns ecological community construction, kns stock games provide a fair, open and data transparent platform for all participating players.


The whole kns ecological investment is divided into three stages, totaling 20 million dollars.
In the initial round of the Kns stock game sector, 2 million US dollars (not limited to US dollars) will be sent to the founding team of KNS in September 2022 as the project start-up fund.

Gleneagle securities will invest $20 million to deploy kns ecosystem

Gleneagle securities will invest $20 million to deploy kns ecosystem
In 2021, gleneagle company carried out exploration in the field of Web3 finance. After more than a year of preparation, it first launched the kns stock game segment at the end of 2022.


Kns ecology is the bottom layer of blockchain technology developed based on rust language and move smart contract, aiming to build the world’s largest online clearing system. As the core part of kns ecological community construction, kns stock games provide a fair, open and data transparent platform for all participating players.


The whole kns ecological investment is divided into three stages, totaling 20 million dollars.
In the initial round of the Kns stock game sector, 2 million US dollars (not limited to US dollars) will be sent to the founding team of KNS in September 2022 as the project start-up fund.

The world’s first real investment DAO and social DAO

In the investment industry, retail investors are always on the weak and harvested side.Is there any method to change the weakness of individual investors so that they could fight against even exceed institutions? It would be so hard, basically impossible, in other industries; however, we could make it in the blockchain industry. In the blockchain industry, we could get multiple individual investors united to form an “investment + socialization” DAO, whose strength could exceed the traditional investment institutions.

1.What Is DAO

The current organizations do not exist all the time. For example, “company” did not exist all the time but occurred to the need to get used to the socialized mass production of the market economy at the beginning of the 16th century; and it has gone through several hundred years of development to be what we could see now. Along with the development of blockchain technology, a new human organizational synergy comes to the stage. This is DAO.

DAO is the abbreviation of Decentralized Autonomous Organization and an organization structure based on the core idea of blockchain with the implementation of decentralization, which is derived from the collaborative behavior of co-creation, co-construction, co-governance and sharing spontaneously generated by groups reaching the same consensus. In the essence, DAO is an embodiment of the application of blockchain technology, which is a revolutionary evolution in the history of human cooperation. The appearance of DAO is a new social model experiment through the development of blockchain technology to have decentralization of power. It is a necessary output for social development, and it is also people’s demand and desire for power or governance power.

In the imaginary and ideal DAO system, management is coded, programming and automated. “Code is law”, which is the purpose complied by the cryptocurrency world. The organization is changed from pyramid-shaped to distributed, and power has been modified from centralized to decentralized. Management is upgraded from a bureaucratic system to community autonomy. The organization running does not need the company but the highly autonomous community.

The community adheres to the principles of equality, voluntariness and mutual benefit; and it is driven by the mutual resource endowment, complementary advantages and win-win interests. Everybody plays their own strengths to push the entire community to march forward.

2.What is Valiant DAO

Valiant DAO is a powerful organization composed of many individual investors with different backgrounds, strengths, values and expertise. The vision of Valiant DAO is to let each DAO member gain sufficient spiritual wealth and material wealth from Valiant DAO.

There have been all kinds of DAO in the market, such as Investment DAO, Grants DAO, Collector DAO, Protocol DAO, Service DAO, Social DAO, Media Dao, etc. Valiant DAO belongs to the combination of Investment DAO and Social DAO, i.e. the “investment + socialization” DAO.

3.Structure and Running Rule of Valiant DAO

Valiant DAO NFT is the right certificate for the Valiant DAO system. The entire Valiant DAO system is equipped with 10 thousands independent Valiant DAO NFTs. Anyone could join Valiant DAO to be a member of Valiant DAO when having one Valiant DAO NFT, and they could enjoy all kinds of welfare and rights of Valiant DAO. Meanwhile, those who do not hold the Valiant DAO NFT for all reasons would quit Valiant DAO and could not enjoy the welfare or rights.

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Organization Chart of Valiant DAO:

Management Committee is the highest management decision-making institution of Valiant DAO to be in charge of five departments, including the foundation, investment research department, ministry of commerce, technology department and event planning department. There are 5 managers on the management committee. The managers are selected from the DAO members who participate in the campaign. The term of office is 2 years, and they could be renewable. During the change of the term of office, any DAO member with more than 5 Valiant DAO NFTs could participate in the campaign, and the top 5 DAO members with the highest votes could be the managers of the next term. The salary of the foundation manager is paid by the foundation; however, the manager gets no salary in the first session but gains it monthly from the second session. The specific amount would be confirmed by the proposal. The term of manager would be automatically relieved of the office once there have less than 5 Valiant DAO NFTs during the employment. DAO members could impeach a manager, and the impeachment would be successful if the proposal gains more than one-third of the votes (10000/3=3333.33). For all reasons, there would be a campaign for managers to fill in the vacant post once there are less than 5 managers.

The supervisors of the five departments, foundation, investment research department, ministry of commerce, technology department and event planning department, must be the DAO members who must have no less than 2 Valiant DAO NFTs. When the DAO members apply for the campaign for supervisors, each Valiant DAO NFT has 1 vote, and each committee manager has 100 votes respectively (except for the number of NFT votes held by the manager as a DAO member). The one with the highest votes would be the supervisors of the department. The term of office of the supervisors is 2 years. The manager of the management committee could work as the supervisor of the department. One supervisor could be dismissed with the approval of more than half of the managers of the management committee. When there is a vacant post for a certain supervisor, the management committee should set about the campaign for the organization supervisor. During the post vacancy of a supervisor in a certain department, the management committee should coordinate an acting manager to act as the supervisor so that the department could keep working normally.

4.Rights for Joining Valiant DAO

  1. Have the Chance to Participate in High-quality Projects at the First Time

  2. Get the Free Airdrop

  3. Get the High-quality Network Circle

  4. Get Much More Investment Opportunities

  5. Get the Profit Dividend of Valiant DAO Operation Projects

  6. Get the Return of NFT Appreciation

5.Development Planning

(1)Running the Private Investment Funds

Most people are unsuitable for making investments, and they may not make a profit even if they were informed of a good project. They won’t join the project in the early period but enter it till it is soaring, or they just gain a little project and quit the project at the wrong time, or they would have a poor capital distribution among multiple projects… In conclusion, investment has a higher requirement for the comprehensive ability of investors, and most people would be hard to end up with a good result when relying on their own ability.

Valiant DAO has resources, channels and professional abilities, and the investment ability is much better than that of most institutions. A private investment fund would be established to make investments in blockchain projects. The private investment fund is only open for the DAO members, so others must hold Valiant DAO NFT to be the DAO members if they want to join the fund. The running process of the fund would be maximally open, and all fund investors could see the running situation of the funds during the running process so as to ensure the capital security for the investors.

(2)Running Company Within the Metaverse Projects

Metaverse is a tendency. Metaverse projects would be increased continuously in the next few years, and the market would be more and more mature. The metaverse is a virtual world, and there would be all kinds of companies. Valiant DAO would set up real estate companies, gaming companies, amusement parks, car rental companies, and aircraft rental companies in the metaverse, and parts of the profits generated by these companies would be distributed to the DAO members each year.

(3)Development of Ecological Projects

As an organization, Valiant DAO would have a layout of ecology in the future to develop projects in all modules, such as developing metaverse, Defi and other new modules in the future.

Many people believe that Valiant DAO will shine in the web3 era, we will wait and see.

Aehbo is using the power of blockchain to break down the Berlin Wall between football and music

“Arhbo” comes from the Arabic word “Marhaba”, which means “welcome” in Qatari slang. As the opening on November 20 approaches, people’s anticipation and enthusiasm are rising. This uplifting song will be for Qatar The landmark celebrations impart more unity and cohesion.

 

The official soundtrack of the Qatar World Cup aims to combine music and football, the two universal languages of the world, to create a stunning work. It brings together artists, fans and players to share their passion. The new single perfectly embodies the culture of hospitality in Qatar, and with less than three months until the World Cup kicks off, it will bring more to look forward to.

In the field of blockchain, it is also becoming more and more brilliant. The editor noticed that Arhbo, a token with the same name, is also popular recently, and they have also developed a series of cute pictures. Let’s take a look at their cute pictures comparison. 

For more cute pictures, please visit their official website

www.arhbo.live

JPEX launches VISA debit cards on time, and expects to issue physical cards in the fourth quarter

Although cryptocurrencies are an asset with high volatility, investors still regard them as good investment products, especially with the number of cryptocurrencies climbing, more and more traditional investors start to set forth in cryptocurrency areas, and furtherly prompt the healthy development. Regarding the market cap, the total market cap of cryptocurrency just reaches trillions of dollars. Compared with traditional finance, the total market cap of cryptocurrency is relatively small. The cryptocurrency sector still has plenty of room for growth as a potential investment market.

The cryptocurrency market is usually based on the traditional finance market, and cryptocurrency currency products always refer to the model of traditional financial products, and even part of the funds and users are from traditional financial areas. From another respect, cryptocurrencies, as on-chain assets, are fundamentally different from traditional investments. Especially the lack of infrastructure in the crypto industry makes traditional investors hard to reach the threshold of cryptocurrencies.

JPEX is teaming up with Simplex to launch VISA debit card and provide a fiat-to-crypto on-ramp solution

At the beginning of 2022, renowned cryptocurrency exchange JPEX established a partnership with fiat-crypto payment gateway Simplex by Nuvei, meant to develop a fiat-to-crypto on-ramp solution, and make users buy cryptocurrencies with debit or credit cards. It can furtherly lower the threshold for traditional investors to purchase cryptocurrencies.

Debit or credit cards are payment vehicles commonly used by traditional financial users. JPEX uses credit debit or credit cards as intermediaries, establishes a gateway between fiat and cryptocurrency via Simplex, and will furtherly promote the adoption of cryptocurrencies everywhere, and help users and money in traditional areas enter the cryptocurrency market.

C:UsersAdministratorDesktopvisa-e.jpeg

source:jp-ex.io

Recently, JPEX and Simplex furtherly comes to an agreement on two parties’ cooperation details: they decide to launch physical Visa debit cards in the 4th quarter of 2022. Investors can pre-order cards to get registered. With this Visa card, people can invest in cryptocurrency via fiat currency, and use cryptocurrency for payment, which is of vital importance to prompt the development of the cryptocurrency sector.

source: https://twitter.com/simplexcc/status/1564974362750599172

According to the report, Simplex by Nuvei is the foundation for crypto on-ramp. Simplex is a European Union licensed financial institution that aims to provide simple, seamless and secured channels to convert 100 kinds of fiat currencies into 200 kinds of cryptocurrencies, therefore disrupting the current situation of the crypto market. Simplex is actively supporting new existing contracts in the industry, cultivating, and expanding investors to add new cryptocurrency into portfolios.

JPEX is a world-renowned crypto asset service provider from Australia, maintained by developers from Japan, Australia, the United States, and many other countries together. The IAIA (Ito Arbitrage Investment App) Cryptocurrency Circular Arbitrage System originally created by the Japanese intelligent technology team allows users to gain income from more than 10 pairs of cryptocurrencies, and interest will be calculated daily.

Cryptocurrency service provide JPEX is becoming the benchmark of transboundary cooperation

JPEX, as world-renowned crypto assets service provider, continuously optimizes platform products. Except provide transaction depth and spot trade, JPEX also creatively prompts practical hedging products, for example, Recently JPEX has cooperated with REDHare to promote the first NFT INDEX contract.

source:jp-ex.io

Besides actively constructing its own crypto ecosystem, JPEX is also setting forth into many areas. Since the end of 2021, JPEX already collaborated with many renowned football clubs including Macarthur FC、Western Sydney Wanderers, and Western United and became their sponsors.

JPEX also teamed up with the Western Sydney Wanderers to give away 250 exclusively designed NFT “J-ball” and attracted much attention from the market. JPEX is building a “platform plus sport” new ecology around “FIFA World Cup” to deeply empower the platform token JPC.

The giant advertisement spaces of JPEX are all over Australia, Taiwan, Malaysia, and Hong Kong. JPEX is the 1st multinational exchange platform to set up billboards around many countries. JPEX is regulated and licensed to engage in cryptocurrency activities in the U.S., Canada, Australia, and other countries. Recently, it successfully applied for a crypto service provider license in Luxemburg, which means it can legally conduct business in many areas. Since last year, JPEX is actively building operation teams all over the world with the base of keeping the platform developing healthily, and the business is also marching into Dubai. Besides, JPEX will open the world’s 1st physical NFT R&D headquarter in Australia. The R&D headquarter is going to open this year to connect the real world with the Web3 world via NFT. A series of layouts of JPEX is setting a great foundation for its globalization strategy.

In a word, JPEX is the crypto ecology with the fastest pace in globalized layout. It is also using real action to promote the deep integration between the crypto world and the traditional world, to make more people know, acknowledge, and get in touch with the platform, and finally become sticky crypto investors. JPEX’s launching the VISA debit card with Simplex is also a milestone for the development of JPEX’s ecology, and hopefully will bring a huge number of users and improve brand awareness.

Discord

http://discord.gg/jpex

Website

https://jp-ex.io/en/home

E-mail: cs@jp-ex.io

Twitter: (@ExchangeJpex)

Facebook: (Jpex Exchange)

https://www.facebook.com/JPEX-Japan-Exchange-100535999063470

Instagram: ( @Jpex_official)

https://instagram.com/jpex_official?utm_medium=copy_link

Youtube: (JPEX Japan Exchange)

https://www.youtube.com/channel/UCeslqL2jMg1kBYR1Fqua3Qw/featured

AMA of ApeParkDAO (Round 2)

AMA of ApeParkDAO (Round 2)

Bycryptocnn

 AUG 21, 2022  

Topic: Redefining the savings incentive model, can ApeParkDAO become a Web3 financial leader?

Q1: For the first question of the AMA, let’s start by asking you to introduce ApeParkDAO to the new listeners of this AMA.

ApeParkDAO is a Web 3 Savings Token Appreciation Protocol initiated by cryptocurrency enthusiasts from around the world, and has now officially received a strategic investment from BXH Dumb Kids, a comprehensive digital asset trading platform.

In the last AMA, Ethan talked about the current state of Web 3 marketplace finance, which is the lack of a stable way for users to earn money in the Web 3 world.

ApeParkDAO has entered the market with this pain point, aiming to create a savings token value-added protocol exclusively for the Web 3 world, while providing traditional game developers with one-stop services for Web 3 transformation, including and not limited to asset on-chain, information aggregation, technical consulting, publishing and distribution, etc.

In terms of the agreement itself, ApeParkDAO creates a new token economy model that provides a credible savings token value-added agreement for the Web 3 world, in which investors’ long-term returns are not only limited to the ups and downs of the coin price, but also have rich incentives and intrinsic value backed by future game platform operations and chain game venture capital.

We would like to emphasise that ApeParkDAO is a truly decentralised project: all contracts are traceable and all project transaction data is available on-chain. We will never allow users to authorise private funds for their wallets. A security audit by a professional body is already being deployed and a professional audit report will be published once the project goes live. With ApeParkDAO, anyone can be assured of preserving and growing their savings.

 Thank you Andy for your presentation, you have paved the way for our new listeners to follow up on their understanding of the project.

 Q2: The world is in the midst of a transition from Web 2 to Web 3 and countless funds have poured into the Web 3 space in the first half of this year. ApeParkDAO has chosen to use the community vehicle of a DAO organisation in the midst of this change, what does the project see as the link between DAO and Web 3?

Although the current Web 3 venture capital market is hot, objectively speaking, almost 95% or more of the Web 3 investment funds on the market are currently less than a year old.

In my personal opinion, the ideal world advocated by Web 3 is indeed still at the conceptual stage, and it is difficult to tell clearly whether it is the underlying consensus, infrastructure or application ecology. The definition of Web 1 is readable, Web 2 is readable + writable, and Web 3 is not only readable + writable, but also has the new characteristic of “ownership”. Although the concept is still vague, the core of it has become clear: “decentralisation + freedom”.

One of the original intentions of the APD project was to create a global autonomous economy, which could not be a centrally planned economy, nor an oligopoly of a few. We prefer a decentralised structure and in this respect, DAO autonomy coincides with Web 3.

The four concepts of DAO, Web 3, metaverse and GameFi can somehow be said to complement each other.

For the general public, Web 3 still seems distant, but with the booming crypto market and especially the explosion of the metaverse concept since last year, Web 3 is becoming more popular.

This is largely based on the metaverse trend of GameFi as a form of presentation and the evolution of various gaming guilds around GameFi, with the dominant form of community organisation for metaverse GameFi now being DAO organisations.

APD wants to create a safe and inclusive platform for economic autonomy that unlocks the maximum potential of all people, and we believe that DAO organisations are best placed to realise this vision. In the future we will coordinate common goals, evaluate projects, establish accountability and ensure successful implementation through DAO autonomy, enabling APD to run a savings agreement and expand the GameFi ecosystem in the Web 3 space.

 Sounds very cool! I’m sure we’re all looking forward to joining ApeParkDAO!

Q3: Whether in the meta-universe or Web 3, innovation in decentralised finance cannot be achieved without the invention of new mechanisms, and any new mechanism has the potential to be a key factor in igniting the next round of market fever. Could you please elaborate on the six innovative mechanisms in ApeParkDAO’s economic model?

When it comes to decentralised financial innovation, we can start by reviewing the history of the DeFi industry.

In the summer of 2020, the DeFi wave swept the world, also known as the “DeFi Summer”, in which the top decentralised exchanges, led by Uniswap and Compound, started the “liquidity mining” boom. In the summer of 2022, the market is expected to be in full swing.

In the summer of 2022, the DeFi market was depressed by the market price slump and rumours of judicial investigations and liquidation of Celsius and Three Arrows Capital respectively, and the DeFi market was also depressed by comparison: the total lock-up volume dropped significantly, shrinking by nearly 70% compared to the historical highs. It is clear that the DeFi industry has now entered a period of contraction relative to its early stages.

From a comprehensive analysis of the major DeFi platforms, I believe that the biggest cause of the current shrinking DeFi market is the over-reliance on liquidity mining.

Liquidity mining was great for the initial growth of the protocol, but once the rewards started to decline, the money flowed out of the DEX or the protocol. The only way for users to generate revenue is to sell their reward tokens, at which point the project’s native tokens are dumped, the token price drops dramatically, and the project comes to a standstill.

ApeParkDAO will respond to the traditional project dumping problem with compound incentives to break the DeFi stalemate in the face of the “mining crisis”. The six compound mechanisms are: Unity Auto-Value, Bargain Discount Purchase, Doughnut Promotion Bonus, SellFee Relief, ER Forced Riches and Bonus Lottery.

I will describe each of the six mechanisms below.

  1. Unity is the option to maximise the revenue of ApePark DAO. Users can participate in Unity on the official website, deposit APD to get uAPD, save coins to earn interest and receive high compounding rewards.

Unity is a passive and available long-term strategy. As the number of uAPDs you have gradually increases, the cost of the tokens you hold will continue to decrease. Therefore, even if the market price of the token falls below the price of the token you bought, in the long run: the gain from the increase in the number of uAPDs > the loss from the fall in the price of the token.

  1. Bargain is the second strategy to maximise the returns of ApeParkDAO. Simply put, with Bargain, you can purchase tokens at a discount and they will be returned in tranches over 42 vesting periods, or approximately 14 days.

Bargain is an active and short-term useable strategy. The price movement in the secondary market makes the Bargain discount very unpredictable. Buying Bargain is therefore considered to be a more active investment strategy and the Bargain discount must be continuously monitored by the investor in order to achieve a greater return compared to Unity.

(All tokens bought through Bargain will be mapped 1:1 into the DAO contract address)

ApeParkDAO encourages long-term investments rather than day trading. Therefore, a 15% transaction fee will be charged for the sale of APD.

  1. Doughnut is a referral reward mechanism and ApeParkDAO wants more new users to participate in the program. When a user refers another user to buy Bargain, a referral reward of up to 15% will be earned. The reward vests linearly to the referrer within 14 days.

4.SellFee mechanism is also designed to ensure that APD prices are stable, Which ApePark DAO wants to reduce by suppressing sales, This is where 15% transaction fee mechanism comes from.

  1. The Enforce Rich (ER) mechanism is designed to curb the potential for double selloff caused by buying Bargain at a high discount while receiving a high referral reward.

Suppose a user receives a referral bonus of 100 APD through a referral; the user needs to purchase an amount of Bargain equal to the referral bonus (in this case, 100 APD) to activate the ER mechanism. This reward is released in 14 days, Bargain is also released in 14 days, after 14 days you will get 200 APD.

  1. Bonus is an additional allowance. ApeParkDAO uses the Bonus mechanism to stimulate the buying sentiment of the market and attract potential users who buy Bargain. Follow ApeParkDAO’s Bonus page to buy Bargain, and users who meet the rules will have the chance to get Bonus reward.

Among the six mechanisms, Bargain, Unity, Doughunt and Bonus are the four mechanisms that stimulate users in many ways, from discounts, compound interest, referral rewards and bonus pools, to motivate users to participate in the project.

The SellFee and ER mechanisms and the linear release system in the program discourage day trading in APD in many ways, while encouraging users to make long-term investments.

The three mechanisms, Doughnut, ER and SellFee, enhance the selloff response mechanism and incentive rewards to protect users from the risk of a crash while enjoying the generous promotional rewards, and represent a significant evolutionary step up from the traditional DeFi economic model.

In summary, APD’s six mechanisms are interlinked to break the traditional DeFi sell-off problem, avoiding the risk of crashes while encouraging users to hold for the long term and reap exponential returns through compounding. One of the Unity mechanisms can have a fixed daily return of 6%, increasing its value by nearly 60 times in 1 month. Assuming your current Unity total is $100 ADP, after 5 days of compounding your holding could reach $134.58 ADP, 10 days $181.13 ADP, 30 days $594.31 ADP, and 60 days total holding directly over $3532 ADP!

Even if everyone’s worst fears occur and the price of the APD falls during the pledge period, the additional compounding gains reaped because of the exponential increase in the amount of uAPD gained from the pledge will eventually far exceed the initial cost of the APD invested. Amazingly high compound interest – this is the biggest attraction that ApeParkDAO can have for its users.

With countless DeFi protocols rising and falling in the crypto market, some argue that decentralised finance is not sustainable on a token economy model alone and must have a base board that can be profitable.

 Q4: How does ApeParkDAO help projects last in terms of on-the-ground applications?

The vast majority of cryptocurrencies on the market do not have the ability to last, so they collapse at the end of the economic bubble, and there are many such “pre-projects”. In this regard, our ApeParkDAO is actively expanding the GameFi ecosystem on top of the basic value-added protocols, and through the Web3 transformation of traditional game manufacturers, we are promoting the iteration of traditional games while enriching the world of chain gaming, which is also an important part of ApeParkDAO’s business model.

The future revenue composition of ApeParkDAO is divided into 2 main blocks.

1 Platform service business. Help traditional game manufacturers to carry out Web 3 transformation and upgrade, and also provide professional chain service operation and traffic support and other diversified services, so as to realize the value of chain game ecology in all aspects.

2 VC investment in chain game start-up projects.

We will conduct research and judgment on future chain game hotspots, and screen suitable start-up game teams for investment and provide technical support through DAO.

The revenue gained from the platform service business and VC investment will be shared with our $APD holders, and we are looking forward to working with first-tier CEX for whom ApeParkDAO can create more Web 3 service scenarios and $APD itself can get more liquidity support.

ApeParkDAO has not only attracted top experts from the fields of finance, gaming and blockchain, but has also gathered a group of renowned artists who have been deeply involved in art creation for more than 20 years, and their addition has injected strong technical and design genes into the platform. Combined with the grounded application of ApeParkDAO, we are very confident that it will become a dark horse in the Web 3 field!

 Okay, thanks Andy for sharing.

Q5: And the last question, I am personally interested in APD’s IDO, including many of our followers! Can you tell us more about IDO?

We are actually about to launch the IDO project, so here’s a preview of the details.

ApeParkDAO will be launching its IDO on August 24, with a whitelist of 1,000 people. The plan is to raise 500,000 USDT at $5 per APD. successful whitelisted users will have 24 hours to participate in the IDO by purchasing any number of APDs worth 500 USDT. IDO participants will receive APD Ticket tokens, which they can exchange for APD Tickets at a 1:1 ratio once the tokens are available. APD.

The specific allocation of funds raised during the IDO is as follows.

40%: 200,000 USDT will create a liquidity pool at 1 PAD = 12.5 USDT and LP tokens will be locked in the Cave.

40%: 200,000 USDT to be stored in the Cave to ensure the intrinsic value of the APD.

20%: 100,000 USDT to be used for the repurchase and destruction of the APD for extreme deflation of the APD.

For those interested in the APD IDO, you can follow our official Twitter feed and we will be sure to give you notice of the IDO opening channel before it officially starts, so stay tuned!