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New York, USA, 22.2.22 — NFT marketplace, Mintable, is sending 3 NFTs that were stolen in a recent OpenSea exploit, back to their rightful owners. They found the NFTs on the LooksRare marketplace, which has garnered its own reputation for over USD 10 billion in wash trading and stolen NFTs, while acquiring NFTs for Mintable’s most recent flash sale.
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Dubai, U.A.E., February 22nd, 2022 — MRHB DeFi, the world’s first ethics-based decentralized finance (DeFi) platform, is announcing the 22.2.22 launch of Sahal Wallet, a non-custodial cryptocurrency wallet that functions as a gateway to the entire MRHB ecosystem of ethical DeFi products.
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MRHB DeFi follows the successful DEX (decentralized exchange) listing on Pancakeswap with its first CEX (centralized exchange) listing on LBank as it continues to bring DeFi opportunities to communities previously discouraged or excluded from the cryptoverse.
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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.
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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Dubai, UAE, Jan 31st, 2022 — MRHB 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: https://twitter.com/marhabadefi
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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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.
Secondly, PokeMine has created a unique NFT mechanism so that the user’s NFT is no longer a work of art but a way to build characters in the game. PokeMine has 4 different colors of PokeMine NFTs, which are red, orange, purple, and blue (URSSR SR R N) in descending order of quality and Pokemon combat power. More powerful sprites are rarer. Users need to upgrade NFTs through PVE, or use equipment to upgrade Pokemons to improve combat power, endurance, attributes, etc., in order to deal with the Evil BOSS battle recently announced by PokeMine. To know more about the setting of Evil BOSS, you can follow PokeMine official Twitter to check the related content. In the official game, the PokeMine dispatch is the entry to participate in the challenge of the Evil BOSS. You can participate in the dispatch with the high-quality Pokemons you have or the limited Pokemons from the voting event. You can also use the water of time props dropped from the explore level to extend the dispatch time for a higher return.
PokeMine is an 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. The game adds a variety of rich gameplay methods such as the classic Pokémon gacha system, Pokémon cultivation system, Checkpoint battles, Z move, Pokémon dispatch (mining), etc.
There are two different assets in PokeMine, NFT and PokeMine Diamond ($PMD). Currently, users can purchase PMD on MDEX, ButterSwap, and PancakeSwap, and can also use PMD to obtain Pokemon NFTs from the in-game Pokemon Center, as well as Treasureland. In addition, PokeMine is developing its own trading platform in NFT Market, which will be launched soon.
Players can register on the official website of deme.games and bind their wallet to download the game or visit the official website of DEME in the mobile wallet to download the PokeMine game. The wallets supported by the official website of DEME are: ONTO, Bitkeep, Coin98, Coinhub, Huobi, Metamask.
For specific operation details, players can refer to tutorial for PokeMine official version: 1.0.07
Interpretation of gameplay
Players will get 3 initial Pokemons when they enter the game (note that these 3 Pokemons cannot be extracted). By consuming physical strength to pass the adventure level, the team EXP and PokeMine EXP obtained are used to level up. Players who reach a certain level can unlock other functions in the system, such as explore levels, Pokemon dispatch, and other functions of Pokemon training, etc. At present, the main way to obtain PMD is through the explore levels and Pokemon dispatch. Players can consume PMD to gacha NFT or Pokemon fragments from Gacha system, and they can participate in gold-making if they meet the conditions of elf dispatch. The Pokemon dispatch function adds a limited Pokemon mechanism, and the limited Pokemons are selected by voting and replaced regularly. The output mechanism of PMD in this level has also been optimized, and the output will be calculated based on the total combat power of the entire server. Players can get more rewards by using limited Pokemons or Pokemons with high combat power during the dispatch process.
Pokémon Social Interaction
Built-in scenes can also be used for real-time interaction. Efficient data interaction and processing capabilities can display all user data in time. Also, players can exchange ideas and experiences with other players in the “world” at any time, provided with an immersive experience. The in-game friend function has been opened in version 1.0.07. At present, the equipment function has not been opened yet. We look forward to giving players a brand new gold-making experience and promise to optimize the user experience and continue to work towards a better PokeMine GameFi!!!
[Trading Platform Link]
Treasureland: https://treasureland.market/
ButterSwap: https://www.butterswap.me/
MDEX: https://mdex.com/#/
PancakeSwap: https://pancakeswap.finance/
In the past, there was no direct connection between games and finance to the connection between players and investors. But now, GameFi facilitates the interconnection between players and investors, allowing players to earn to play, which provides a new market model. In addition, GameFi endows NFT with more practical value through gamification settings. NFT items in the game are no longer just items sold on the NFT trading platform, but can also be directly traded in the market from the game, making the transaction process easier than traditional Game.
GameFi is an intuitive way for users to understand the metaverse. It started in the game industry, but in the future, it will further affect all aspects of human social life, such as social and financial. The global gaming market is expected to generate $175.8 billion of revenue in 2021 and exceed $200 billion in 2023. GameFi is in a relatively early stage of development and has huge potential.
The integration of NFTs with GameFi has paid off. It will continue to have a profound impact on the business model of the gaming industry and the ownership of in-game virtual assets at both the macro and micro levels. So what kind of magical chemistry will the combination of Pokémon and GameFi produce? No doubt, PokeMine is the right answer as the perfect restoration of the Pokemon world!!!
2. What other trends do you see developing in this industry?
At present, GameFi projects on various public chains are very popular, and they are becoming more and more mature from an economic model to game play design. The huge game player base and overall market provide unprecedented opportunities for the development of GameFi. GameFi has become unstoppable with the vigorous development and another breakthrough in blockchain applications, or it can be said that they have become the final form of game development and the entrance to the metaverse. In-depth analysis, looking at GameFi from the three perspectives of GameFi’s economic model, autonomy and decentralization, we will find that GameFi is a transitional stage in the development of the metaverse and plays a very important role in connecting the past and the future. We all know that there are infinite possibilities and hopes behind GameFi, which is also the original intention of DEME studio to build a real decentralized metaverse platform by supporting different stable commercial blockchain infrastructures. PokeMine is our first answer sheet.
3. Thanks for the interview, any last words or exciting news to share?
Currently, the PokeMine project has only launched part of functions in the game version 1.0.08. And it is worth paying attention to the announcement of the card pool released before the 1.0.07 version goes live. The amount of NFT to be produced is enough to make players excited. In addition, the official weekly project report is also a focus. To stabilize the operation of the PokeMine ecological, economic system, the setting of the PMD burn mechanism includes that the output of PMD in the whole server will increase the difficulty of production according to the increase in the total combat power of the whole server, and the PMD not produced by the Pokemon dispatched prize pool, consumed in gacha system and explore levels all will be destroyed. The specific content will be announced every week.
The dispatch level of PokeMine ushered in new gameplay — challenging the Evil Boss. In this mechanism, the Pokemon dispatch is the bridge to enter the time and space of the DEME metaverse. The Pokemons of justice in the Pokemon world are sent to fight against the evil bosses in the cave of time and space. When the total combat power of the whole server reaches a certain level, the corresponding PMD output can be unlocked. Currently, 7 levels of evil bosses have been officially announced, and the number of diamonds unlocked by the largest evil boss π·Mewtwo is X million (X>1.1 million).
This gameplay combines PokeMine’s currency sales mechanism in the elf dispatch level, the announcement of the PokeMine pool, and the real-time proposal, voting, and system parameter changes of the multiplier Pokemons in the Pokemon dispatch. The overall token mechanism in a deflationary state, the longer-term and more stable dual-deflation token economy, the complete destruction of the blind box for drawing cards, and the automatic adjustment of production and sales ratios to the game system, all contribute to the virtuous circle of the game economic system. As a leading chain game distribution platform in the industry, DEME’s first GameFi PokeMine is only the prototype of the DEME metaverse space. Players can also earn a lot of platform governance coins by playing in the game. Players own the platform and share development dividends.
In the future, PokeMine will explore a wider, deeper metaverse with all the PokeMiners together!!!
Official Links:
Facebook: https://www.facebook.com/PokeMine-106572315160677
Twitter: https://twitter.com/PokemineG
Medium: https://medium.com/@pokeminefi
Youtube:https://www.youtube.com/channel/UCGsityMtD9bNjRTiRn7LykQ/featured
Discord: https://discord.gg/9QPWk6dwqD
Telegram:https://t.me/PokeMineGameFi
Official website: https://deme.games/
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Paris, France, January 13th, 2022 — Archethic, the world’s fastest and most secure blockchain network, has launched the Archethic Lab web portal, featuring a series of tools that make it easier for users and developers to join the project’s growing ecosystem.
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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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
$JET holders can now swap and trade on Pancakeswap in the WBNB/JET liquidity pool:
Pancakeswap https://pancakeswap.finance/swap?outputCurrency=0xc5b43669a899c5da2a98b2bf8c9082d5e8d5ee0d
Dextools https://www.dextools.io/app/bsc/pair-explorer/0xbc2b703b506fb780c8ef79d1ae5f475cdec774c3
To reward its supporters, Jetcoin is rolling out a 30-day staking program for liquidity providers (LPs) who provide liquidity to the WBNB/JET pool to earn limited edition JET NFTs.
In addition, the first 100 participants who stake 1 BNB worth of the WBNB/JET pair for 30 days will also receive a 1 oz pure silver physical Jetcoin ($JET). This limited reward offer will be dropped into the ‘Rewards’ slide of the JET NFT app 7 days before the staking period of the LP tokens ends.
Detailed step-by-step instructions on how to provide liquidity for the WBNB/JET pair in PancakeSwap and how to lock the Liquidity Provider (LP) tokens can be found here: https://jetcoins.medium.com/stake-earn-nfts-with-jet-2f0183381191
Vigilance Please!
The correct JET contract address for the $JET BEP20 Token is as follows:
0xc5b43669a899c5da2a98b2bf8c9082d5e8d5ee0d
$JET 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 $JET.
Jetcoin Official Channels
Website: https://jetcoin.io/
Twitter: https://twitter.com/JTCinstitute
Telegram: https://telegram.me/joinchat/ERrH8w3gjAsfmdCrgjGCOQ
Medium: https://jetcoins.medium.com/
YouTube: https://www.youtube.com/channel/UCGDlUZ10qHQ8Te8IpZkLLGQ
About Jetcoin
Blockchain-powered Jetcoin ($JET) is digital fuel that gives fans and supporters in the world of sports and entertainment a unique opportunity to benefit directly from the success of their favorite athletes and stars. Through the JET NFTs, individuals participate in their talents’ success stories when they choose to purchase unique NFT series of artwork and collectibles from emerging talents in sports and entertainment. When the talents mature in their careers, the value of their image rights increase, translating into rewards for the fans holding the NFTs.
To date, Jetcoin has sponsored Championship Football Club Huddersfield Town A.F.C., English Football League Derby County FC, Wigan Athletic F.C., English Premier League perimeter banner advertising, two Serie A football teams (A.C. Chievo Verona and Hellas Verona); three luxury yacht shows (Singapore, Phuket and Penang Rendezvous); and three Formula One Official After-Parties in Singapore.
About Huddersfield Town
Huddersfield Town Association Football Club is an English professional football club based in Huddersfield, West Yorkshire. Founded on 15 August 1908, it entered the Football League in 1910. The team is currently competing in the Championship, the second tier of English football.
Huddersfield Town A.F.C. Official Channels
Website: https://www.htafc.com/
Twitter: https://twitter.com/htafc
YouTube: https://www.youtube.com/user/OfficialHTAFC
Instagram: https://www.instagram.com/htafc/
Facebook: https://www.facebook.com/htafc/
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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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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.
A Shared Vision to Empower Communities
The Gachyi Land platform was created with the desire to empower artists with its disruptive NFT ecosystem. Gachyi Land provides artists with the platform, community, technology and tools they need to display and sell their work, and further explore the possibilities of the digital realm.
Similarly, MRHB DeFi was conceived with the goal of giving excluded and crypto-cautious communities better access to cryptoverse opportunities with a key focus on the provision of decentralized financial services that avoid interest-based profits and lending. MRHB DeFi bridges the existing gap between crypto offerings and the ethical faith-based community.
The journey to an inclusive, ethical DeFi cryptoverse has not been a lonely one for MRHB DeFi. The halal project is currently backed by investors and partners which include Polygon Technology, Sheesha Finance, Blockchain Australia, Australian Gulf Capital, Mozaic, Contango Digital Assets, NewTribe Capital, Masary Capital, ZKSync, Acreditus Partners, EMGS Group, Sinofy Group, MKD Capital and others.
In collaboration with management consulting group, Sinofy, MRHB DeFi has also organized an NFT art competition, designed for creators and artists, within the framework of the DEV Challenge Season 18 championships in Ukraine. More information on how to participate can be found in the MRHB DeFi Medium blog.
December is turning out to be a very exciting and busy month for MRHB DeFi, having launched their IDO yesterday on December 22nd. The $MRHB tokens were sold out on the DODO launchpad in half a day, with the second launchpad ZeeDO catching up. Upon completion of IDO, TGE (Token Generation Event) will take place on December 24th 1PM UTC/GMT, which will then be closely followed by its listing on the popular DEX Pancakeswap.
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
About Gachyi Land
Gachyi Land is building an ecosystem that consists of an NFT Launchpad and Play-To-Earn MMORPG. NFTS issued on their platform will be incorporated within the ecosystem to serve either an in-game functionality such as boosts or exclusive pre-sale access, or their utility can be built into future games.
With its disruptive Play2Earn MMORPG, Gachyi is providing artists with the platform, community, technology, and tools they need to unleash their creativity and gain the exposure they deserve. NFTs will be minted via Gachyi’s interactive gachapon machines on the Polygon blockchain based on the ERC-721 token standard, priced in MATIC.
Gachyi Land Official Links
Website: https://gachyiland.com/
Twitter: https://twitter.com/GachyiLand
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