Tag: Bit

  • 7 Killer Cryptos to Buy for January | by Bit Media Buzz | Feb, 2022

    7 Killer Cryptos to Buy for January | by Bit Media Buzz | Feb, 2022

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    Bit Media Buzz

    InvestorPlace — Stock Market News, Stock Advice & Trading Tips

    It’s been a rough start to 2022 for crypto investors. Bitcoin (CCC:BTC-USD) has witnessed meaningful correction and altcoin have followed.

    Unrest in Kazakhstan has resulted in Bitcoin network power slumps and that’s one reason for the correction. Further, the Federal Reserve has signaled tapering and rate hikes are coming in 2022. Relative tightening of liquidity is another reason for some weakness in the crypto world.

    However, volatility is nothing new in the crypto space. In the past, Bitcoin has witnessed sharp correction. It has been followed by a strong reversal rally. I also believe that we are at a point where Bitcoin dominance is likely to decline on a relative basis.

    Altcoin dominance will increase and the out-performers will be coins that have a strong use case. In uncertain times, meme coins or low utility coins are likely to be the worst hit.

    Overall, real interest rates are likely to remain negative in most parts of the world. Even if contractionary monetary policies are pursued. This will continue to encourage investment and speculation in risky asset classes.

    I therefore believe that the recent correction is a good opportunity to accumulate some quality altcoins.

    Let’s discuss seven cryptos that are positioned for a strong rally in the near-term. These altcoins are also likely to remain in an uptrend in the coming quarters.

    • Binance Coin (CCC:BNB-USD)
    • Zignaly (CCC:ZIG-USD)
    • MarketMove (CCC:MOVE-USD)
    • MarhabaDeFi (CCC:MRHB-USD)
    • Torum (CCC:XTM-USD)
    • Fetch.ai (CCC:FET-USD)
    • Rari Governance Token (CCC:RGT-USD)

    Source: Robert Paternoster / Shutterstock.com

    In October 2017, BNB coin was trading at three cents. The coin touched all-time highs of $686 in May 2021. This serves as a good example of the value creation that’s likely to come by holding fundamentally strong projects.

    After being a star performer in 2021, BNB coin has been in a downtrend in the recent past. At current levels of $487, it’s worth buying for short-term and long-term gains.

    As an overview, Binance is the top centralized cryptocurrency exchange in the world. The exchange currently has 355 listed coins as compared to 139 coins listed on Coinbase (NASDAQ:COIN). For investors who are bullish on continued adoption growth of cryptocurrencies, BNB coin is a core portfolio hold.

    Last month, Binance partnered with Dubai World Trade Centre. The partnership will set up an international virtual asset ecosystem. In December 2021, Binance also acquired 18% stake in Singapore based regulated private exchange, Hg Exchange.

    It seems that Binance has ample financial flexibility to pursue acquisition driven growth. Further, Binance Labs has been investing in attractive projects in the crypto world. Once bullish sentiments are back, it would not take long for BNB coin to surge.

    Source: Shutterstock

    I had talked about Zignaly in October 2021 as a project that has a strong use case. From November 2021 lows of two cents, ZIG coin is already higher by over 280%. As a matter of fact, the coin had touched highs of 18 cents in the recent rally. I believe that ZIG coin is worth accumulation with the market sentiment driving the coin lower.

    The recent market volatility and downside has further underscored the importance of Zignaly project in the cryptocurrency ecosystem. The idea of Zignaly is to follow trading experts for profits. The platform has already gained significant traction with 350,000 users and $120 million in assets under management.

    It’s worth mentioning here that Zignaly profit-sharing and trading has an edge over copy trading. In the latter, the user is always one-step behind the trader. However, in profit-sharing, the user is a co-investor with the trader. Zignaly claims that the top 20 traders on the platform delivered 270% annual profits. Therefore, just by profit sharing with these traders, investors can make meaningful gains.

    I particularly like the project as there are thousands of new investors taking a plunge into cryptocurrencies on a daily basis. It makes sense to test the waters with an expert before pursuing individual trading.

    Source: Shutterstock

    In the last two-weeks, Bitcoin has trended lower. However, during the same period, MOVE token has been in an uptrend.

    MarketMove is another project that I have talked about in the past. However, the project is undergoing a complete revamp with Move X slated to be launched in the second week of January 2022. This is a key reason for MOVE token to trend higher.

    MarketMove project started with a focus on artificial intelligence (AI)-driven Safety Audit of projects. Further, the project aimed at bringing features like stop-loss and limit orders in decentralized finance.

    However, with the coming launch of Move X, the project vision seems to have widened. While the whitepaper is still to be unveiled, Move X swap will be cross-chain and allow investors the best swap rates, which will be powered by artificial intelligence. Therefore, the idea is not just to provide a platform to exchange assets (across chains), but to exchange at the best possible rates.

    Additionally, Move X intends to differentiate itself from other DeFi projects by being a complete suite of high-end tools. As an example, the project aims to provide investors with suggestions on how to earn using staking and farming across blockchains.

    Overall, MarketMove project is just two quarters old. It seems that the team has a vision of making the project a one-stop shop for all DeFi needs. In my view, some exposure to the project can be considered for potential multi-fold returns.

    Source: Shutterstock

    MRHB is another token in the crypto space that has survived the recent carnage. On Dec. 27, the token was trading at four cents. It’s already higher by over 200% at 13 cents.

    So, what’s the differentiating factor?

    MarhabaDeFi claims to be the first project in the decentralized world that builds a shariah-compliant suite of crypto financial solutions. According to CoinGecko, the project is focused on “Islamic Finance liquidity pool which is currently over $3 trillion in size, growing, and serves over 1,000,000 people globally”

    Liquidity Harvester is one feature of MarhabaDeFi. It’s for income generation across a vast range of sharia compliant pools that will deliver APY in the range of 5% to 25%. The project also has a cross-chain DEX Aggregator that splits large orders across various decentralized exchanges to reduce the slippage. The launch of interest-free crypto financing is also on the cards in 2022.

    With a lot happening in the NFT space, MarhabaDeFi has introduced Souq NFT. This is a NFT collection and creation platform. It also includes listing and auction marketplace.

    Overall, MRHB token looks attractive with a diversified offering in an unexplored area of Islamic finance merging with the crypto world. It’s not surprising that the coin has been trending higher even as broad markets decline.

    Source: Shutterstock

    XTM coin has been in a correction mode in the recent past. However, it’s worth noting that XTM is still higher by 700% from lows of October 2021. The coin has therefore witnessed a meaningful rally. I believe that the correction provides a good entry point for long-term investors.

    As an overview, Torum is the first social media platform that’s specifically designed for cryptocurrency users. According to the website, the social media platform already has 203,361 users. With a global reach, it’s likely that Torum users will continue to increase.

    Further, there are few factors that are likely to support user growth as the project visibility increases.

    First and foremost, the platform rewards users for activities that include posting, liking posts and for creating threads on specific topics. Users are rewarded XTM coins. This provides an incentive to remain active on the social media platform.

    Furthermore, Torum is expanding beyond just social media. The project already serves as a news aggregator in the crypto space. Additionally, NFT Marketplace and NFT Launchpad are catalysts for sustained user growth in the social media platform. Besides the launchpad, the Torum DeFi also provides investors with liquidity farming and cross-chain swapping.

    Another interesting upcoming feature of the project is Torumgram. This will connect Telegram with Torum, “essentially allowing the community to use Telegram directly on Torum.”

    Source: Shutterstock

    Fetch.ai project is another name that comes with a strong use case. The project aims to bring the application of machine learning and artificial intelligence to the decentralized world.

    FET token has been an out-performer in the last 12-months. Even after the recent decline, the token is higher by 550% over this period.

    In terms of the use case, Fetch.ai has applications in areas that include smart city, decentralized delivery agents and autonomous AI travel agents, among others. Last year, the project developed a decentralized marketplace for global manufacturer, Festo.

    In particular, the smart city project promises significant reduction in carbon footprint. With rising environmental concerns, this can be a game-changer. Fetch.ai estimates that the “implementation of smart-city infrastructure will result in 34,000 tonnes Co2 emission reduction annually.”

    In March 2021, Fetch.ai also received institutional investment of $5 million. This will help in building and accelerating the company’s AI application. Among the project partners, there are big names like Bosch and Blockchain for Europe.

    Overall, FET token looks attractive below 50 cents and is worth considering for the medium to long-term.

    Source: Shutterstock

    As the world of decentralized finance swells, RGT token is worth holding for the long-term.

    The token had touched all-time highs of $64.6 in November 2021. After a meaningful correction, the token currently trades at $26.88. With a limited supply of 12.5 million tokens, I am bullish on RGT touching new highs once the sentiments reverse for cryptocurrencies.

    As an overview, Rari Capital is involved in lending, borrowing and yield generation in the DeFi space. For Rari, growth has been stellar in the last 12-months.

    Currently, the community has more than 10,000 members with a total value locked of $1.1 billion. Rari Capital provides more than 100 DeFi opportunities.

    It’s worth noting that even with a potential rate hike in 2022, real interest rates will remain negative. Rari allows investors to deposit crypto-assets and earn a robust yield. It’s therefore very likely that the total value locked in DeFi opportunities in the project will continue to swell.

    This will translate into upside for the governance token that looks undervalued. To put things into perspective, the project currently has fully diluted valuation to total value locked ratio of 0.33.

    On the date of publication, Faisal Humayun did not hold (either directly or indirectly) any positions in any of the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.

    Faisal Humayun is a senior research analyst with 12 years of industry experience in the field of credit research, equity research and financial modelling. Faisal has authored over 1,500 stock specific articles with focus on the technology, energy and commodities sector.

    The post 7 Killer Cryptos to Buy for January appeared first on InvestorPlace.

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  • MRHB DeFi: Successful US$5.5M Fundraise to Fuel Vision of Bringing Ethical DeFi to Excluded Communities Everywhere | by Bit Media Buzz | Jan, 2022

    MRHB DeFi: Successful US$5.5M Fundraise to Fuel Vision of Bringing Ethical DeFi to Excluded Communities Everywhere | by Bit Media Buzz | Jan, 2022

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    Bit Media Buzz

    Dubai, UAE, Jan 31st, 2022MRHB DeFi, the world’s first decentralized finance ecosystem platform focused on ethical, sustainable and halal crypto opportunities, has successfully raised a total of USD 5.5 million through a series of private and public funding rounds which culminated in an initial DEX offering (IDO) that was oversubscribed on the DODO and ZeeDO launchpads.

    Prior to its IDO, the startup gave the community direct access through two public sales on its official website, which saw tremendous support from its community of over 50,000 members.

    Our funding rounds have surpassed our expectations and prove beyond doubt the huge demand for ethics in the cryptoverse,” said MRHB DeFi CEO Naquib Mohammed. “We want to take the opportunity to express our heartfelt appreciation for our valued partners and loyal supporters, without whom we would not have made it this far. These are just the first steps of our ambitious multi-year journey that we have begun, together with our community, to ensure that everyone can participate in building an ecosystem where trust and values matter — hence giving access to the growing opportunities of the crypto-economy.

    The ethical startup is also backed by investors and partners which include Polygon Technology, Sheesha Finance, Australian Gulf Capital, Mozaic, NewTribe Capital, Blockchain Australia, Contango Digital Assets, Masary Capital, ZKSync, Acreditus Partners, EMGS Group, Sinofy Group, Sukhavati Protocol and MKD Capital amongst others.

    “It always seems impossible until it’s done.” — Nelson Mandela

    MRHB began as an idea 15 months ago, when Naquib, who was at that time working on Enterprise Blockchain use cases, was interviewed by a crypto news agency about the general trends of DLT.

    The questions came around to the acceptance of crypto within the muslim communities in the Middle East, an interesting angle which led Naquib to delve further into the DeFi world, where he noticed the absence of halal projects. Understanding that there was a gap, he started putting down ideas and developing conversations with tech friends and like-minded connections, all of whom saw the immense possibilities with crypto but were disheartened by the absence of projects and protocols that were halal and consistent with their financial and ethical principles. The immense complexity of the cryptoverse as a whole also stood out as a further deterrent.

    Resident in Saudi Arabia, he soon realised through various community discussions — both in the middle east and farther afield — that many fellow Millennials and Gen Z’ers were facing the same challenges and were hence avoiding the entire cryptoverse. This meant that many communities — especially Muslims — were excluded from the opportunities in this new tech frontier. Thus began his journey of taking on the challenge and goal of building a landmark halal project in the DeFi ecosystem.

    Over the course of six months, Naquib assembled a team that included not just developers but reputable industry professionals and Shariah experts, all of whom shared his vision of creating an ethical DeFi ecosystem that reflects community values and beliefs. It would be the first to fill a major gap in the crypto space and address the needs of communities that number more than a billion, who have all thus far been excluded due to ethics, faith, fear and complexity.

    While the DeFi offerings were aimed at adhering to ethical investment and financing principles rooted in Islamic Finance (primarily the prohibition on interest-based lending and income, and sectors deemed unethical or exploitative like gambling, pornography etc), MRHB would also be focused on removing technological complexity. Thus the overall objective was to build a more empowering and ethical community-focused platform that would also cater to those new to crypto while addressing the negative perception created by extensive instances of fraud, risk and opacity in the crypto space.

    The Islamic Finance sector is the first target and is the largest and most active faith-based market. It is currently sized at around USD 3 trillion — attracting even a small portion of Islamic liquidity into DeFi will represent a major boost to the total value of the DeFi sector worldwide.

    Community Focused and Community Supported

    Approximately 85% of the funds raised came from the MRHB global community which spans from Canada to Australia — all of whom are looking for an ethical and halal entry into the cryptoverse. The inclusive startup is aptly named, with MRHB being short for “Marhaba”, which means “welcome” in Arabic, as the project ushers in entire crypto newbie communities.

    The platform’s $MRHB token is now available for trades on PancakeSwap, one of the leading decentralized exchanges on the Binance Smart Chain (BSC) network and remains above the launch price in spite of overall bearish markets.

    To reward the community and encourage more market liquidity, a 5 million pool of MRHB token rewards has been set aside for token holders who provide liquidity to the MRHB/BNB pool on PancakeSwap. These rewards are for the next two months and apply on top of their share of trading fees earned. Token lockups for early project supporters will begin soon, allowing liquidity providers to invest their $MRHB tokens and receive additional rewards.

    MRHB DeFi is already moving forward with their production roadmap, having recently launched its Souq NFT Marketplace, the first NFT marketplace guaranteed to contain halal-only content. The launch of Sahal Wallet, a non-custodial mobile wallet featuring filtering technology that will allow for frictionless access to halal tokens, is slated for the middle of next month. The pioneering Liquidity Harvester, MRHB’s passive and stable crypto income product, will be launching in Q2 and the project is currently in advanced discussions with pioneering regulated institutional partners to offer halal crypto-wealth products. More decentralized and centralized exchange listings are also coming up in the near future, welcome news for the MRHB community.

    About MRHB DeFi

    MRHB DeFi is a halal, decentralised finance platform built to embody the true spirit of an “Ethical and Inclusive DeFi” by following faith-based financial and business principles, where all excluded communities can benefit from the full empowerment potential of DeFi.

    The diverse team is comprised of researchers, technocrats, influencers, Islamic fintech experts & business entrepreneurs, who came together to ensure that MRHB DeFi prevails in a manner that will impact society as a whole, essentially bridging the gap between the faith-conscious communities and the blockchain world.

    MRHB DeFi Official Channels

    Website: https://mrhb.network

    NFT Marketplace: https://souq.mrhb.network

    Twitter:

    Telegram: https://t.me/mdf_official

    Telegram Announcements: https://t.me/marhabadefi_ANN

    YouTube: https://www.youtube.com/c/MarhabaDeFi

    Medium: https://medium.com/@mrhbdefi

    LinkedIn: https://www.linkedin.com/company/marhabadefi

    Facebook: https://www.facebook.com/MRHB-DeFi-105893235209147

    Telegram (Arabic): https://t.me/mdf_arabic

    Telegram (Russian): https://t.me/marhabadefi_russia

    Telegram (Turkish): https://t.me/MarhabaDefiTR

    Telegram (Persian): https://t.me/mrhbdefi_persian

    Telegram (Urdu/Hindi): https://t.me/MRHBDeFi_Urdu_Hindi



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  • Revolutionizing The GameFi Metaverse With PokeMine On Deme | by Bit Media Buzz | Jan, 2022

    Revolutionizing The GameFi Metaverse With PokeMine On Deme | by Bit Media Buzz | Jan, 2022

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    1. Please introduce yourself, tell us about your background and what you do at Pokemine.

    My name is Sato, co-founder of PokeMine and DEME. I was in the online dating industry back in 2015. A big issue of that industry was that there were lots of scammers. So, we thought of a way of building up a shared blacklist database with other dating apps to identify whether this newly registered user has any digital footprint that matches the data in this database. This way, we can identify the scammers at the early stages before they can harm other users. But we encountered huge difficulties in persuading all the dating apps to be part of this project. They wanted to use it, but they didn’t like to share their data. And blockchain is the natural way to deal with this problem. Ethereum just came out back then. We did some research and realized no mainnet back then could handle this database. We recognized this as an opportunity for us, so I led my team to get into Blockchain, starting with public chain development. We gained lots of technical experience, worked closely with some pretty famous projects in the market, then Join Games studio found us and we formed a new studio called DEME games, a metaverse GameFi studio. So yeah, this is my brief story.

    2. Congratulations on your launch, PokeMine is ticking all the right buzzwords like NFTs, GameFi and Pokemon. Describe your gaming model so our readers can understand more how PokeMine works.

    Thanks, let’s talk about the economic model of PokeMine first. In PokeMine, there are several different assets. They are Pokemon NFTs, PokeMine Diamond as $PMD tokens, stamina, and gold coins. For users in the early stages, we have not made stamina and gold coins as independent circulating tokens, so that the game is easier to adapt to at the beginning. As more and more users are familiar with the game, stamina and gold coins will be traded and circulated in the market. All stamina, gold coins, and 75% of PMD can only be mined or earned in-game. 15% of PMD is reserved by early investors and development teams with a lock-up period of 24 months. 10% will be sold to the market with a lock-up period of 6 months.



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  • Archethic: World’s Fastest, Most Secure Carbon-Neutral Blockchain Kicks Off Archethic Lab for Developers | by Bit Media Buzz | Jan, 2022

    Archethic: World’s Fastest, Most Secure Carbon-Neutral Blockchain Kicks Off Archethic Lab for Developers | by Bit Media Buzz | Jan, 2022

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    Bit Media Buzz

    The website contains links to Archethic’s testnet and mainnet beta, regular video tech updates, as well as all the tools and documentation a newcomer will need to get started.

    “We’re embracing the spirit of community-led scalable initiatives with an open invitation to developers looking for an exciting blockchain project to get involved with from an early stage,” said Sebastien Dupont, Chairman, Archethic Foundation. “This initiative is led by Web3 builders for Web3 builders. With Archethic’s highly scalable blockchain being perfectly primed for real-world use in high-traffic use-cases such as content publication (or website hosting), mailing solutions, we’re very excited to watch this project evolve as crypto and blockchain are finally being adopted into the mainstream.”

    Test how to safely store $UCO in the Archethic Mobile Wallet

    One of the tools that will be of use for anybody interested in supporting the project (not just developers) is the Archethic Mobile Wallet. The wallet supports transactions of Archethic’s $UCO tokens and is also compatible with NFT transfers on the Archethic testnet.

    A GitHub page is available with APKs for downloading a mobile wallet on Android devices. The page also includes a repo for developers to build their own wallets and a beta version of a web app wallet.

    The wallet is highly secure, with no funds being lost should the wallet be deleted from a device. A 24-word mnemonic recovery password is all that’s needed to re-access the wallet on any compatible device. Users must make sure to keep their recovery password safely recorded in an offline or analog format for the highest security.

    Build a one-page website (any website), explore the network and more

    The other three tools are aimed at developers looking to get started building on the Archethic blockchain. In all cases, complete documentation has been provided — usually in both written and video form — to make it easy to learn the ropes.

    AEWeb is a tool that helps web developers deploy websites on the blockchain. Boasting a decentralized security layer that is on par with aviation security standards, Archethic is a top choice for deploying a website that is as secure as can be from hacking and all other possible security failures.

    A lot of websites get created globally every day where 99% of them are very small, and medium-sized websites, its maintenance, security risks & costs are very high.

    AEWeb provides a single solution to all these problems within a fraction of the total cost.

    Plus it’s simple to use and saves a lot of time and is secure.

    Beacon Chains

    The Beacon Explorer is a blockchain explorer that makes it possible to examine the “beacon chains” used to coordinate and synchronize the Archethic network. Archethic uses a unique consensus protocol called ARCH that runs multiple grouped beacon chains in parallel, with each chain being composed of blocks containing a single validated transaction each. The ARCH consensus protocol is what allows Archethic to operate so blazingly fast, capable of processing up to 1 million transactions per second.

    Testnet Faucet

    Lastly, developers looking to build DApps that interface with UCO will need a way to test their projects. The Archethic testnet comes equipped with a UCO faucet that supplies 100 UCO at a time, strictly for testing purposes. This allows developers to build projects without burning their own funds to validate code. Being a naturally eco-friendly blockchain, Archethic is also cost-efficient, and the UCO faucet is yet another step toward saving resources of all kinds.

    The Archethic mainnet beta launched in June of 2021 after four years of research and development aimed at solving limitations and challenges faced by other blockchains. The project aims to disrupt mainstream industries such as retail and finance, giving interested developers ample opportunity to build innovative new technologies with the potential to make a real impact.

    About Archethic Public Blockchain

    Archethic is a highly scalable, tamper-proof Blockchain with scalability greater than 1 Million TPS, and a validation time of fewer than 5 seconds. The blockchain has the capacity to handle up to 90% maliciousness, 3.6 billion times less energy consumption than Bitcoin, and 0.1% of the transaction fees.

    The platform aims to replace and improve all current applications with a comprehensive and open ecosystem, allowing people to move from the trust imposed by centralized to decentralized systems while keeping identity and privacy under the control of the user.

    With Archethic, you can access your identity but no one owns it. The security and threat issues that centralized systems pose helped us realize that self-sovereign identity is needed now more than ever. An Open Source autonomous & Decentralized network in the hands of the world population created by the people, for the people. ‌‌

    Archethic Official Links

    Website: https://archethic.net/

    Whitepaper: https://archethic.net/ARCHEthic_WhitePaper.pdf

    Twitter: https://twitter.com/archethic

    Telegram: https://t.me/ArchEthic_ENG

    Instagram: https://www.instagram.com/the_official_archethic/

    Discord: https://discord.com/invite/CJZJvVReBx

    GitHub: https://github.com/archethic-foundation

    YouTube: https://www.youtube.com/channel/UCmP7Sg_TdBfbO1_u4EyIKzg



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  • Sleeve Sponsor Jetcoin Celebrates Huddersfield Win in FA Cup Game Following Successful $JET IDO | by Bit Media Buzz | Jan, 2022

    Sleeve Sponsor Jetcoin Celebrates Huddersfield Win in FA Cup Game Following Successful $JET IDO | by Bit Media Buzz | Jan, 2022

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    Bit Media Buzz

    Singapore, January 12th, 2022 — Blockchain-powered sports and entertainment NFT solution Jetcoin celebrates the victory of their sleeve-sponsored team Huddersfield Town A.F.C. which has defeated Burnley in the FA Cup Third Round.

    This comes close on the heels of the sport NFT solutions provider’s IDO which closed successfully a week before, followed by its listing on popular BSC (Binance Smart Chain) DEX (decentralized exchange) Pancakeswap, with 80% of the funds raised, locked in liquidity on the platform.

    “Broadcast in 38 countries with potential viewership of 200 million, the FA Cup games offer massive global exposure and we couldn’t be prouder of our team Huddersfield’s amazing performance on the pitch this past weekend,” declares Jetcoin CEO and founder Eric Alexandre.

    Three match jerseys worn at the game are redeemable for fans through the JET Interactive NFT cards.

    History on Repeat? Double Underdog Wins with Jetcoin Sleeve Sponsorship

    Currently, Burnley competes in the top tier of English Football, the English Premier League, while Town competes in the Championship, the second tier. For Jetcoin, the upset win is reminiscent of the 2018 FA Cup Championship when another David-Goliath tale played out as Wigan Athletic F.C., a League One team two divisions down EPL, scored a historic win against Manchester City, the then leading team in the EPL. Both times saw sport NFT solutions provider Jetcoin supporting the underdog with sleeve sponsorship and emerging victorious.

    2022 also marks the 100th anniversary of Huddersfield’s only FA Cup success in 1922, a run which began with a 2–2 draw at Turf Moor, home stadium to Burnley.

    Staking Program Officially Open with 1 oz Pure Silver Minted $JET for 1st 100 Participants



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  • MRHB DeFi Closes Successful USD5.5M Fundraise with IDO and Announces 5 Million Pool of MRHB Token Rewards for Liquidity Providers | by Bit Media Buzz | Dec, 2021

    MRHB DeFi Closes Successful USD5.5M Fundraise with IDO and Announces 5 Million Pool of MRHB Token Rewards for Liquidity Providers | by Bit Media Buzz | Dec, 2021

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    Melbourne, Australia, December 31st, 2021 — The world’s first ethical and halal DeFi ecosystem platform MRHB DeFi officially concluded its successful fundraising with its final public IDO rounds on DODO and ZeeDO launchpads, altogether raising a total of US$5.5 million with around 85% coming from a global community of investors looking for an ethical and halal entry into the cryptoverse.

    Immediately following the close of the IDO, the MRHB token was listed on the popular DEX PancakeSwap, a leading decentralized exchange on Binance Smart Chain (BSC). For the very first time, early supporters of the project were able to trade and swap their MRHB tokens.

    5 Million Pool of $MRHB Token Rewards for Liquidity Providers

    Instead of standard buy/sell order books, Pancakeswap uses the Automated Market Maker (AMM) model where trades are done through a ‘Liquidity Pool’ whereby users invest funds (become Liquidity Providers or LP’s) to the pools to facilitate swaps.

    MRHB DeFi has now announced that over the next three months, $MRHB token holders can become Liquidity Providers on PancakeSwap and earn their share of the pool of 5,000,000 MRHB token rewards.

    The following MRHB/USDT liquidity pool has been set up on PancakeSwap, and MRHB Rewards will only apply to this pool:

    Liquidity Providers to the pool can earn in two ways:

    1. By supplying liquidity to the pool, the liquidity providers earn transaction fees on PancakeSwap as profit. The total trading profits made will be divided among the LPs, proportional to the amount of funds contributed and the amount of time funds are invested in the pool.

    2. In addition, MRHB DeFi will offer a reward to the LP investors on condition that they invest funds into the pool at any point during the three month loyalty period. The $MRHB token reward pool will initially begin at 5,000,000 to be shared among the LP token holders. The number of tokens awarded will change over time but will be visible on the MRHB Reward Dashboard (https://rewards.mrhb.network/). Investors can withdraw their funds at any time.

    As an extra incentive for LPs, MRHB DeFi has announced that LP’s who lock their tokens for the full 90 days in the pool will have the right to claim an NFT from the first collection at their Souq NFT marketplace. Souq NFT is the first anti-NSFW NFT marketplace in the world that is focussed on creating an ethical and halal marketplace for digital art and other NFT assets.

    MRHB DeFi has provided more detailed instructions on how to be Liquidity Providers in the following videos:

    A Conditional ‘Hibah’ Gift

    The LP token rewards are defined as a conditional gift (‘hibah muallaqah bi al-sharth’) that is provided by a third party, permissible according to the Islamic Fiqh. Since there is no (bilateral) exchange contract or transaction between MRHB DeFi and LPs (liquidity providers), MRHB DeFi is considered a third party and is providing the rewards as a gesture of appreciation to their loyal supporters.

    As the share of rewards depends on various factors such as the number of providers and amount of time invested, such LP rewards are not fixed, although they will be stated at the time the tokens are invested into the liquidity pool.

    Such rewards must also be considered together with the price movements (Impermanent Loss) of the MRHB token to assess the overall return to the token holder should they withdraw their funds from the liquidity pool.

    Reminder for Vigilance

    The correct MRHB DeFi contract address for the $MRHB BEP20 Token is as follows:

    https://bscscan.com/address/0xd10332818D6A9B4b84bf5d87DbF9D80012FDF913

    MRHB token holders are reminded to be vigilant against scammers and fake addresses and should exercise caution whenever participating in transactions. Only the following official channels contain the most current and accurate information about the developments of $MRHB.

    MRHB DeFi Official Channels

    MRHB Reward Dashboard: https://rewards.mrhb.network

    Website: https://marhabadefi.com

    Twitter: https://twitter.com/marhabadefi

    Telegram: https://t.me/mdf_official

    Telegram Announcements: https://t.me/marhabadefi_ANN

    YouTube: https://www.youtube.com/channel/UCHuvZG9DbS5ffeoqLX_bERg

    Medium: https://medium.com/@mrhbdefi

    LinkedIn: https://www.linkedin.com/company/marhabadefi

    Facebook: https://www.facebook.com/MRHB-DeFi-105893235209147

    Telegram (Arabic): https://t.me/mdf_arabic

    Telegram (Russian): https://t.me/marhabadefi_russia

    Telegram (Turkish): https://t.me/MarhabaDefiTR

    Telegram (Persian): https://t.me/mrhbdefi_persian

    Telegram (Urdu/Hindi): https://t.me/MRHBDeFi_Urdu_Hindi

    About MRHB DeFi

    MRHB DeFi is a halal, decentralized finance platform built to embody the true spirit of an “Ethical and Inclusive DeFi” by following faith-based financial and business principles, where all excluded communities can benefit from the full empowerment potential of DeFi.

    The diverse team comprises researchers, technocrats, influencers, Islamic fintech experts & business entrepreneurs, who came together to ensure that MRHB DeFi prevails in a manner that will impact society as a whole, essentially bridging the gap between the faith-conscious communities and the blockchain world.



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  • MRHB DeFi Launches Souq NFT Marketplace with Unique ‘Hallal Gachyi’ from Gachyi Land | by Bit Media Buzz | Dec, 2021

    MRHB DeFi Launches Souq NFT Marketplace with Unique ‘Hallal Gachyi’ from Gachyi Land | by Bit Media Buzz | Dec, 2021

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    Melbourne, Australia, December 23rd, 2021 — The world’s first ethical and inclusive DeFi ecosystem platform MRHB DeFi has launched its highly anticipated Souq NFT marketplace. Partnering with Gachyi Land, the first blockchain gaming gacha-launchpad ecosystem, the two parties will mint and issue Hallal Gachyi, a unique Gachyi Land-themed NFT collection created for Souq NFT.

    Souq NFT is the first NFT marketplace in the world focussed on creating an ethical and halal marketplace for digital art and other NFT assets. Artists on the platform follow image, audio and video content guidelines such as no hate speech, racism or nudity, and must verify that the artworks are original pieces (no rip-offs of existing NFTs).

    The MRHB DeFi collaboration with Gachyi Land will see the latter create 1,410 Hallal Gachyi NFTs (otherwise known as ‘Rimos’). MRHB DeFi will create and deploy the smart contract for these NFTs and Hallal Gachyi will be sold on Souq NFT marketplace.

    “Our vision to create an inclusive, ethical DeFi and NFT ecosystem continues to take shape,” says Deniz Dalkilic, CTO of MRHB DeFi. “The Hallal Gachyi collection is the result of a unique collaboration with Gachyi Land and demonstrates our commitment to launching quality crypto products that meet and hopefully exceed community expectations.”

    “NFTs are the building blocks of our digital future — they allow us to own digital items in ways we have never been able to before,” comments May Wong, founder of Gachyi Land. “We wanted to provide a colorful and cute entry point into the NFT space for the Islamic community, in the form of a ‘Rimo’. The NFT space has shown us that early adoption of NFTs that gain value over time represents opportunity. We are excited to release Hallal Gachyi with MRHB and provide value to their community!”

    Hallal Gachyi NFTs will be issued on the BSC blockchain using the ERC-721 token standard. NFT owners will be able to play a mini-game at a future date where they can earn rewards such as $MRHB tokens and $Polymer tokens. The NFTs will also receive utility in Gachyi Land’s MMO RPG (Massively Multiplayer Online Role-Playing Game), expected to be released in 2023.

    Both parties will promote the new venture together on their respective platforms and are exploring future plans for MRHB to create other gamification models that integrate with the MRHB ecosystem.



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  • Successful Listen ($LSTN) Fundraising on Launchpool followed by NFT Sale with Massive Discounts | by Bit Media Buzz | Dec, 2021

    Successful Listen ($LSTN) Fundraising on Launchpool followed by NFT Sale with Massive Discounts | by Bit Media Buzz | Dec, 2021

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    Bit Media Buzz

    British Virgin Islands, 22nd Dec 2021 — Following a successful community raise on Launchpool, with 2.7 million tokens staked by 3,000+ wallets at a value of USD 9.4 million, Tony Hollingsworth, CEO of the Listen Campaign announced a massive increase in $LSTN utilities, including a 50% discount on Listen NFTs.

    “We are very pleased with the private sales of the Listen Tokens ($LSTN),” said Hollingsworth. “After the initial raise, we went back at the request of the Launchpool community for a total raise of $750,000 and an additional $350,000 on Infinity Pad. With Lightning and IDO coming up, we then decided to reward our loyal holders and give back via this massive discount.”

    Listen NFT collections

    The NFT sale will begin with an unprecedented collection of NFTs featuring never-to-be-repeated performances by huge artists such as Stevie Wonder, Sting, Bob Dylan, David Bowie, BB King, George Michael, Jon Bon Jovi, MC Hammer, and dozens more.

    In addition to the discounts available, $LSTN token holders have a chance to win 1 of 50 pairs of tickets to the private view of the “Listen Live” event at the Los Angeles Coliseum on June 20th to 22nd, featuring dozens of film and music stars.

    “In order to reward our most loyal holders,” continued Hollingsworth, “those with greater holdings will unlock greater discounts, but we will do more, including having auctions that are open only to $LSTN holders, staking benefits and spot contests and prizes.”

    The Listen Campaign platform has an annual reach of 500 million people

    The Listen NFTs are a part of the Listen Campaign, a global broadcast campaign in 200 countries, 9 languages and scheduled to reach over 500 million people. The Listen Campaign will benefit 1 billion vulnerable and disadvantaged children around the world. The tokens themselves will be supported via a massive marketing and advertising campaign.

    Record-holding team

    The team behind the Listen Campaign is headed by Tony Hollingsworth, who created nine of the largest global campaigns including the “Nelson Mandela 70th Anniversary Tribute” and “The Wall: Live in Berlin”. They will be bringing their expertise to the decade-long Listen Campaign.

    As the team prepares for launch, they have lined up their final IDO Launchpad with Lightning to further increase the number of token holders, project supporters and community members.

    Imminent completion of the security audit will be followed by a strong promotion and execution of TGE and NFT launch via the ‘Listen Collectibles Auction and Shop’.

    LCAS, Built on Flow

    Listen built their platform from the ground up to make buying NFTs as easy as possible for non-Crypto audiences. It is built on the Flow blockchain so it is faster, allows for native fiat payments using regular credit cards and has lower transaction fees. Flow is also more environmentally friendly than Ethereum.

    Listen Official Channels

    Website: www.listentoken.com

    Telegram: https://t.me/listenNFT

    Email: marcelos@listencampaign.com

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  • MRHB DeFi Launches IDO, followed by Listing of $MRHB on PancakeSwap and DODO | by Bit Media Buzz | Dec, 2021

    MRHB DeFi Launches IDO, followed by Listing of $MRHB on PancakeSwap and DODO | by Bit Media Buzz | Dec, 2021

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    Bit Media Buzz

    Melbourne, Australia, December 22nd, 2021 — MRHB DeFi, the world’s first inclusive and ethical DeFi ecosystem platform, has announced today the IDO of its BEP-20 token $MRHB on launchpads, ZeroSwap and DODO. Upon IDO completion, immediate listings of the token on DODO and the ever popular PancakeSwap DEX will follow. This is exciting news for the loyal community of over 1000 investors and supporters of the project who will be able to publicly trade $MRHB for the very first time.

    “We are thrilled to announce the upcoming IDO and TGE (Token Generation Event) of the $MRHB token, which is the culmination of all the dedication and hard work of the entire Marhaba team,” declared CEO and founder Naquib Mohammed.

    “Likewise, we are indebted to our diverse and global family of partners and investors, as well as our loyal community, who have offered steadfast support for the project throughout. The $MRHB token will be the fuel that underpins our entire ethical ecosystem platform, driving our shared vision of an inclusive DeFi for a more sustainable cryptoverse,” he added.

    The public sale price of the $MRHB token is USD 0.04 on both ZeeDO, the launchpad of multi-chain DEX aggregator ZeroSwap, and on the DODO BSC launchpad, whose whitelist for the IDO has reportedly already been filled, as of this morning. There will be zero lockup periods for these tokens, which will be 100% released at TGE.

    Massive Community Interest for Ethical, Sustainable and Inclusive DeFi Offerings

    The community-first project has already concluded two successful pre-launch sales on their website. Unlike many other projects, where only VCs and VIPs get priority, MRHB opened their early rounds to the community to help share the crypto-opportunity — a move celebrated by the now 70,000 strong supporters. For the team, this served as an important validation of the interest for DeFi services rooted in ethics, sustainability and inclusion.

    MRHB DeFi was founded with a vision of providing excluded and crypto-cautious communities greater access to the growing opportunities and utilities of the crypto sphere. The project is underpinned by offering faith-based DeFi services which adhere to the ethical investment and financing principles rooted in Islamic Finance — a sector valued at around USD 3 trillion of assets. Bringing even a small portion of Shariah-sensitive liquidity into DeFi will represent a major boost to the total value of the DeFi sector worldwide.

    Business practices deemed ethical include those that avoid interest, usury, social exploitation as well as support sustainability, asset or utility backed financing, transparency and equitable risk-reward sharing. These principles have universal appeal far beyond the faith conscious community as evidenced by a large number of stakeholders beyond the halal-seeking population.

    Many of the values upheld by the halal platform align with several of the United Nations Sustainable Development Goals and MRHB is also a signatory of the Crypto Climate Accords, a group that seeks to achieve net-zero emissions from electricity consumption by 2030 as well as develop standards and technologies to accelerate the progress toward 100% renewably powered blockchains by the 2025 UNFCCC COP30 conference.

    To date, investors include Sheesha Finance, Blockchain Australia, Australian Gulf Capital, Mozaic, Contango Digital Assets, NewTribe Capital, Acreditus Partners, EMGS Group, Sinofy Group, MKD Capital and a grant from Polygon Technology.

    About MRHB DeFi

    MRHB DeFi is a halal, decentralized finance platform built to embody the true spirit of an “Ethical and Inclusive DeFi” by following faith-based financial and business principles, where all excluded communities can benefit from the full empowerment potential of DeFi.

    The diverse team comprises researchers, technocrats, influencers, Islamic fintech experts & business entrepreneurs, who came together to ensure that MRHB DeFi prevails in a manner that will impact society as a whole, essentially bridging the gap between the faith-conscious communities and the blockchain world.

    MRHB DeFi Official Channels

    Website: https://marhabadefi.com

    Twitter: https://twitter.com/marhabadefi

    Telegram: https://t.me/mdf_official

    Telegram Announcements: https://t.me/marhabadefi_ANN

    YouTube: https://www.youtube.com/channel/UCHuvZG9DbS5ffeoqLX_bERg

    Medium: https://medium.com/@mrhbdefi

    LinkedIn: https://www.linkedin.com/company/marhabadefi

    Facebook: https://www.facebook.com/MRHB-DeFi-105893235209147

    Telegram (Arabic): https://t.me/mdf_arabic

    Telegram (Russian): https://t.me/marhabadefi_russia

    Telegram (Turkish): https://t.me/MarhabaDefiTR

    Telegram (Persian): https://t.me/mrhbdefi_persian

    Telegram (Urdu/Hindi): https://t.me/MRHBDeFi_Urdu_Hindi



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  • PokeMine: The Newest Pokemon-Centric GameFi in the Metaverse | by Bit Media Buzz | Dec, 2021

    PokeMine: The Newest Pokemon-Centric GameFi in the Metaverse | by Bit Media Buzz | Dec, 2021

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    Bit Media Buzz

    Singapore, December 20th 2021 — For most of history, games have had no direct link with finance, and players had nothing to do with investors. GameFi has now enabled the connections between them with mechanisms such as playtoearn, which opens up a brand new sector in the market.

    PokeMine is a new action card mobile game with Pokémon as its theme. It is the first Pokémon mobile game where players can independently evolve elves and change their appearance. The overall game restores the Pokémon world in depth, adding a variety of rich gameplay such as the classic Pokémon gacha system, Pokémon cultivation system, checkpoint battles, Z move, Pokémon dispatch (mining), and many others. There are also Budokan, Invasion of Mythical Beasts, Daily Trail, Team Hunting, Battle Tower, Champions Road, Budokan Battle, Quartz Assembly, Alliance War, Cross-server PK and many other gameplay varieties available.

    Pokemon has created a unique NFT mechanism that enables a user’s NFT to no longer just be a work of art but a way to build characters in a game. PokeMine has 4 different colors of Pokemon NFTs, red being the most powerful, followed by orange, then purple, then blue. More powerful Pokemons are relatively rare. Users can upgrade NFTs through PVE, or upgrade Pokemon with equipment. Equipment in the game can increase the Pokemon’s combat power, dispatch time, etc. PokeMine has many features to explore, and more detailed tutorials will be released when the official version is released.

    Pokemon Exploration: Users can explore the levels to obtain rewards and reach higher levels for their Pokemon. Higher levels, better attributes, and stronger skills make the user’s Pokemon more valuable.

    Pokemon Dispatch: Players can get rich rewards by dispatching. The longer the dispatch period, the better the quality of the Pokemon, the more lucrative the rewards, such as diamonds. Using the ‘limit Pokemon Dispatch’ will also double the revenue, depending on the actual profit. Each dispatch line accounts for the dispatch time independently, and each dispatch queue has 4 hours of free dispatch time every day. You can increase any dispatch queue’s available time on the same day by using the “Time aquatic” item produced by [Exploration Level].

    In addition, the “limited Pokemon” mechanism and sending “limited Pokemon” can provide a certain percentage of dispatch value bonus for this dispatch queue. The higher the quality of the qualified Pokemon, the greater the increase.

    Exploring level and Adventure level: Adventure points and exploration points both require stamina, so it is best to use the stamina of adventure levels in the early stages to level up your team, unlock new features, and then improve your Pokemon overall with appropriate experience gains. Players upgrade Pikachu to unlock to multi-adventure levels. Diamonds are consumed at each level. The amount consumed increases with the progress of the level.

    Changeable Combat Strategies: Pokemon types are divided into attack, heal, skill, and defense, and each Pokemon can play according to its positioning characteristics, making the entire gaming experience a battle of wit and courage, and full of strategization.

    Cultivate Pokemons: There are more skills that players can use in the game to make you invincible, as well as to increase the level of Pokemons, stars, skill levels, and more so that the Pokemons can continue to grow, allowing players to cultivate a unique and powerful Pokemon from scratch.

    Equipment: Elf armor can be upgraded to increase stats. Armor attributes are given to corresponding Pokemons, which is the player’s goal.

    Pokemon Center (Gacha Center): Pokemon center’s Gacha System is the main way for players to obtain Pokemon and Pokemon shards. The Pokemon are randomly selected, by consuming diamonds or props. And there are rare Pokemon hidden in it, which can make for surprises.

    Pokemon Social Interaction: The built-in gaming environment can also be used for real-time interaction, efficient data interaction, and processing capabilities, so that all users’ data can be displayed in real time. Players can exchange ideas and experiences with other players in the “world” at any time, offering users an immersive experience.

    How to start playing Pokemon:

    1. Players need to register an account on https://deme.games, then connect their wallets and e-mails.

    2. To download the game, sign in on the official website.

    The Real World Impact of NFTs in Gaming

    Besides gameplay, NFTs have more real-world value. NFT items in games are not just items sold on NFT platforms, but they can deal directly on the markets, making the dealing process much easier than in traditional games.

    GameFi is one of the ways that can help users understand Metaverse with more clarity. While its beginnings are in the game industry, in the future, it will have a strong impact on more aspects of human civilization, for instance in finance and socialization. It is estimated that in 2021 the global game market will reach profits of $175.8 billion. It is expected that during 2023, the gains will exceed $200 billion. GameFi is at a relatively early stage of development, and it still has enormous growth potential.

    The integration of NFT and GameFi has produced a huge impact on gaming and will continue to have both micro and macro effects on business models as well as virtual assets ownership rights.

    With the combination of Pokemon and GameFi, PokeMine is without a doubt, the rebirth of the Pokemon world in the real world.

    PokeMine was officially launched on December 16th, 2021. After completing its first round of $5 million funding on November 16 2021, more functions have been increasingly launched one after another in stages. The first funding round was financed by GMC, Blockchain Ventures, Hayek Capital, YIBI Exchange, YSL Capital, HKD.COM, NKCCapital, and others. The funds are being used for Pokemon’s technology development and team building so as to fund international growth.

    Currently, PokeMine NFTs have been deployed on the Heco-chain and Binance Smart Chain based on the ERC-721 token standard. There are two different types of assets in PokeMine: NFTs and PokeMine Diamonds ($PMD). Users can purchase PokeMine NFTs on Treasureland and purchase $PMD from MDEX and ButterSwap and use PMD to get Pokemon NFTs from the Pokemon center in the game.

    The project has also made an official announcement to attract influencers for PokeMine. The influencer initiative purports to give influencers the opportunity to join and share in a large portion of the bonuses. Influencers need to promote across Pokemine social platforms, which include: Telegram, Discord and Twitter.

    Diverse game scenarios and unique gameplay have made Pokemon a high-profile GameFi project. There are plenty of strategies and methods to explore, both in the PvE scenario and future PVP. Better strategization will not only be more fun for the player, it will lead to a higher return on investment. In the aspects of game quality and tokenomics, PokeMine is one of the leading offerings in this market.

    No Deme games will be deployed on centralized service clients like Amazon in the future. All Deme games will be deployed on the DEME mainnet node, a system which is completely decentralized. Technically, that is the biggest advantage of Deme.

    In the future, Deme will access Metaverse and empower more Web 3.0 applications. Meanwhile, Deme will support Cross-chain bridge, Multi-chain wallet, NFT trading markets, and Defi assembly kits. It also sorts the utilities of Metaverse, helps users create decentralized identities, and makes it convenient for users to manage Token and NFT assets easily. What’s more, Deme will let users enjoy all kinds of encrypted applications, and build SocialDAO blocks, open up encrypted application communities, and decentralized governance. Deme will build a highly-decentralized Metaverse platform, inspiring the unlimited vision of every gaming and crypto enthusiast to the encrypted world.

    PokeMine’s Official Links:

    Website: https://deme.games/#/home

    Twitter: https://twitter.com/PokemineG

    Telegram: https://t.me/PokeMineGameFi

    Discord: discord.gg/9QPWk6dwqD

    Medium: https://medium.com/@pokeminefi



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