The Central Bank of Iran (CBI) has finalized plans to launch its digital currency September 22, as reported by Iran’s Chamber of Commerce.
The post Iran to launch CBDC on Sept. 22 appeared first on CryptoSlate.
MORE ...3air – Blockchain-based Connectivity and Global Economic Inclusion Solution Launches on MEXC Exchange Sept, 22nd
The 3air project aims to resolve the perennial issues that created and continue to contribute to the economic underdevelopment of many regions globally, starting with African cities. The project will launch on the global MEXC exchange on the 22nd of September, 2022 at 10:00 AM / 12:00 PM CET. The project arrives at a pivotal time in global history when the world depends on connectivity for many reasons, including global economic participation. 3air leverages its novel wireless broadband Internet connectivity solution – K3 Last Mile – to provide stable internet connection in places where it was previously impossible using traditional methods. It also provides access to innovative financial and digital identification solutions available through the 3air platform. 3air’s success has come with the aid of an impressive list of partners and backers that have supported its growth in achieving its goal to foster global economic equality and access to financial opportunities using blockchain-based innovations. 3air raised more than $3.5 million from its Seed, Private, Public and IDO rounds. 3air’s native token ($3AIR) will be officially listed on the MEXC exchange on the 22nd of September, 2022, at 10:00 AM UTC / 12:00 PM CET. The 3air Project 3air aims to connect people in African cities to the global economic ecosystem using its proprietary technology to bring affordable, high-speed, and stable broadband internet, digital TV, and IP telephony. 3air uses K3 Last Mile technology to provide up to 1 Gbps dedicated internet connectivity, over 150 digital TV stations, and IP telephony through the air. 3air’s blockchain-based platform will allow easy access to digital services, identity management, payments, and credit line building. Its native token, 3AIR, is currently available on BSC, with deployment on the SKALE blockchain in view. It will be used as the payment method for 3air’s digital services, including digital identities, internet broadband services, digital TV, and IP telephony. The 3air project will be executed over three stages – The first stage is expanding throughout Africa, providing broadband connectivity to everyone, everywhere. The second stage is the implementation of the 3air platform. The platform will facilitate access to telecom services, identity management, payment solutions, and credit line building. The final stage involves leading the revolution within the telecom industry as the premier blockchain-based, decentralized, permissionless ISP platform, tokenizing bandwidth and other services. It also aims to facilitate secondary markets, improve security, roaming, IoT, and connect ISPs globally. Providing Free Broadband Access Locally The 3air project is progressing steadily towards its goal to provide the infrastructure to connect users in African cities to the internet at high speed and low rates. As part of its development plan, 3air, in collaboration with K3 Telecom, installed its novel K3 Last Mile solution at Saint Joseph’s Secondary School (SJSS) to provide internet connectivity at the school. The project will provide a fast, reliable, and stable connection to access educational resources and growth opportunities more easily. The SJSS internet connectivity project highlights 3air’s dedication to providing the infrastructure to improve the quality of opportunities throughout African cities, starting from Sierra Leone. Launch on Synapse The native token – $3AIR – opened on the Synapse Network. The IDO had an allocation of $50 000 at $0.065 price per token. It opened to the winners from the Gleam competition (50 winners) on Wednesday, 14th September at 09:00 AM UTC (11:00 AM CET). The FCFS sale for SNP stakers and the general public opened on Thursday, 15th September. Token Launch The 3air token’s launch is a few days away, and we are prepared for a monumental event in our roadmap. Our launch will happen on the MEXC exchange on the 22nd of September, 2022 at 10:00 AM (12:00 PM CET). Our launch will mark the debut of the 3air platform along with its ecosystem of blockchain-based connectivity and financial solutions. The excitement is palpable within the 3air community, and our CEO, Sandi Bitenc, appreciates the support we have received so far. “Counting is never fun, but counting down to our launch has been surreal. It is a lot of hardwork, but seeing our efforts over the last few years come together coupled with the support we’ve had so far has made the ride smoother than we could have thought. Under the proper conditions, blockchain technology can and will resolve the problems that underserved regions face, and we are excited to be leading this initiative in Africa. Our experience, proprietary technology, and ecosystem of partners combine to become the perfect solution for perennially underserved regions, and we are delighted to facilitate equal growth opportunities globally.” – Sandi Bitenc, CEO of 3air. Learn more about 3air by visiting 3air.io or reading the documentation at docs.3air.io.
MORE ...Though altcoins use Bitcoin to gain people’s trust, they’re simply a reimagining of fiat incentive alignment.
MORE ...What if buying a piece of real estate wasn’t a complex and time-intensive process? Dealing in real estate typically involves interacting with an intermediary, swimming through paperwork, and paying steep fees and commissions. Even with the latest advancements in technology, many jurisdictions still require real estate buyers and sellers to show up in person to execute their documents. Most often, this is due to notaries being required to see people physically sign documents, and while some notaries can do this task virtually, not all have the same capabilities. Now, with the help of cryptocurrency (specifically NFTs and smart contracts), the trajectory of real estate transactions is rapidly changing. We’re talking about taking out the middleman and obtaining and transferring ownership with ease. Sales can even be made through sites similar to eBay, but with a new level of added security. In this writing, we will be specifically focusing on crypto’s effect on the luxury real estate market. But first, let’s start with the basics—how NFTs and smart contracts work. What is an NFT? NFTs, short for non-fungible tokens, are cryptographic tokens that can come in the form of many things (e.g., music, drawings, videos). Each NFT is 100% unique and cannot be replicated or replaced. Many times, NFTs represent digital ownership of something, such as a piece of digital art. In other instances, they can be representative of a physical item, such as real estate property and memberships. NFTs use blockchain technology to maintain their verifiability and proof of ownership. Theoretically, the actual digital file that an NFT lies on can, in fact, be copied, but this does not mean that someone has taken over ownership. The culprit would need access to the smart contract that’s attached to the NFT as well. Moreover, they would have to be able to alter the smart contract that has been recorded on the blockchain, which is virtually impossible to do. What is a smart contract? Smart contracts are self-executing pieces of code built to facilitate a transaction. The transaction automatically resolves after pre-defined conditions have been met. The contracts are coded into the blockchain and maintained by regulators after recording them. They are binding contracts that do not require the interference of a central authority or legal system. Because of this, they’re much more cost-efficient. After all, attorneys, realtors, and appraisers are never cheap. How are the two transforming luxury real estate? As previously mentioned, the two above elements are changing the luxury real estate industry by cutting out intermediaries, but another way is by innovating the use of memberships. If you’ve ever owned a timeshare or had a country club membership, you probably know that ownership is not easily transferred. Moreover, your package typically includes an annual renewal process and membership dues. Now, with promising memberships such as the Aspen Lakes Membership by RHUE Resorts, assets can be owned in perpetuity without the need for annual renewal. Said assets can even be passed down through family members and friends if desired. Conversely, memberships can be sold in secondary markets such as OpenSea, an NFT marketplace that’s similar to eBay. Through the NFT membership model, Aspen Lakes Membership purchasers can enjoy: Little to no application process or fees No annual recurring dues Transferability with ease (no middleman required) Existing amenities, such as the world-class 18-hole golf course, pro-shop, restaurant, wedding and event center. Most NFTs are restricted to being purchased with cryptocurrency only which can ostracize certain investors. RHUE Resorts is combating this by allowing the purchase of memberships through cryptocurrency or debit/credit cards. This allows them to appeal to the traditional market while also engaging crypto-enthusiasts. City DAO Another example is the crypto project City DAO. The idea here is that a person can purchase a piece of land in Wyoming and sell rights of governance to interested parties. Those who want to be a piece of the government structure must obtain a certificate of citizenship via NFT. It’s important to note that citizens are not the owners of the land. They only make decisions regarding it, which includes policy changes and regulations. Of course, in this kind of “government” structure, there are only so many memberships that can be purchased. FlyFish Club FlyFish Club (FFC) brings an interesting spin to the food industry. The private dining club hosts the world’s very first NFT restaurant that requires an NFT membership for dining access. Said restaurant will feature over 10,000 square feet and be in an “iconic location” in New York City. In addition, FFC NFT purchasers can enjoy “various culinary, cultural, and social experiences,” according to the FlyFish Club website. The project makes several big promises, however, it’s still in its infancy. Great offerings and optimistic ideas While NFTs and blockchain are opening doors in several industries, it’s still hard to tell which ventures are going to “stick.” Projects like City DAO have interesting ideas but have yet to provide anything concrete. On the other hand, companies such as RHUE Resorts are established and flourishing, providing luxury in real life immediately. The blockchain looks to revolutionize numerous industries with the many efficiencies and advantages it has over traditional alternatives. Real estate has shown that it’s ripe for improvement and looks to be the perfect candidate to enter the world of cryptocurrency and NFTs.
MORE ...The newest addition to a relatively young industry, blockchain gaming still hasn’t lost its mystery.
The post Why the future of gaming will be on-chain appeared first on CryptoSlate.
MORE ...[PRESS RELEASE – Please Read Disclaimer] Shamla Tech as a pioneer and leading Metaverse development company offers end to end Metaverse development solutions and becomes their official partner for Nugen, a phenomenal initiative that leverages the advantages of cryptocurrencies with the potential to digitize the day-to-day transactions. NUGEN is an all-in-one platform that enhances the […]
MORE ...Altcoins present some of the best opportunities in the crypto world and finding altcoins that investors are talking about can be a great way to determine which projects are likely to perform well in the coming months. Throughout this article, we’ll take a look at seven of the best altcoins that everyone is talking about and provide a guide detailing how to buy our top pick. Let’s begin. Top 7 Best Altcoins – Our Picks Sometimes an investor just needs a helping hand. Therefore, we’ve included an overview of the seven best altcoins below. More detailed reviews can be found in the next section. Lucky Block – Trending NFT Competitions Altcoin Tamadoge – Utility-Focused Meme Coin Making Waves Battle Infinity – P2E Gaming Ecosystem that Investors Love Chainlink – Well-Known Oracle Altcoin VeChain – Enterprise-Grade Blockchain Making Headlines Ethereum – Largest and Most Popular Altcoin Quant – Interoperability Focused Project Trending with Investors A Closer Look at the 7 Best Altcoins That Everyone is Talking About Each project that we’ll be taking a look at has strong fundamentals and has been making headlines recently due to increased demand, exchange listings, or high-profile partnerships. Lucky Block – Trending NFT Competitions Altcoin Lucky Block (LBLOCK) is an NFT competition platform that uses blockchain technology to improve efficiency and create a provably fair drawing system. Each competition on the Lucky Block platform is entered by purchasing an NFT. Each NFT is priced in accordance with the potential rewards from the competition. This allows Lucky Block to offer a wide range of competitions catering to players of all budgets. Even after a drawing has occurred, the NFT still grants the holder a portion of the profit pool each day. In addition to the standard competitions, Lucky Block also hosts a Platinum Competition for holders of the Platinum Rollers (PRC) NFT collection. This competition takes place weekly with prizes ranging from crypto to a real Lamborghini. Recently, Lucky Block was listed on the Uniswap exchange. With Uniswap being one of the largest decentralized exchanges (DEX) on the market, this means that demand for the LBLOCK token is likely to shoot up. Furthermore, as many people in the crypto space are familiar with Uniswap, it makes it much easier to purchase LBLOCK. On top of the recent Uniswap listing, LBLOCK was also listed on the centralized exchange (CEX) at the start of August causing the token to shoot up in value. These listings come following LBLOCK’s switch to the ERC standard. It has also made future CEX listings far easier, so keep an eye on the Lucky Block Discord to see what exchange will list LBLOCK next. Buy Lucky Block Now Tamadoge – Utility-Focused Meme Coin Making Waves Tamadoge (TAMA) is a meme coin unrivaled in terms of utility. The project has been experiencing massive demand with the beta presale hitting its $2 million cap almost a month early. Thankfully, the general presale has now begun with TAMA being sold for $0.0125. As tokens are sold, there will be marginal price increases to afford better value to early investors. The P2E Tamadoge ecosystem centers around NFT-based Tamadoge pets. In just a couple of months (Q4 2022), investors everywhere will be able to mint their own Tamadoge pet. Despite initially starting as a basic variation, players can improve their Tamadoge pet by giving food, toys, and cosmetic items from the Tamadoge store. As a pet levels up, its owner will receive Dogepoints, slowly working their way up the Tamadoge leaderboard. The highest ranked players are entitled to the largest share of the rewards pool. Every Tamadoge pet is 3D-animated and viewable within the Tamaverse (Tamadoge’s Metaverse world). The Tamaverse will initially be explorable on web browsers, but the team will release a mobile app with augmented reality functionality (expected Q4 2023) allowing players to bring their pets into the real world. With demand for Tamadoge skyrocketing, it’s no wonder that investors are discussing the project. Unlike the majority of presales, Tamadoge already has a confirmed CEX listing on LBank following the conclusion of the general presale. Therefore, it’s an excellent time to check out the project before prices climb higher due to increased demand. Join the Tamadoge Telegram group to keep up-to-date with the project. (admins will never message first). Visit Tamadoge Now Battle Infinity – P2E Gaming Ecosystem that Investors Love Battle Infinity (IBAT) is a project aiming to create an expansive play-to-earn gaming ecosystem featuring DeFi, NFT, and Metaverse elements. The project has recently concluded its presale raising 16,500 BNB however the IBAT token will soon be listed on PancakeSwap. Battle Infinity is broken up into the six following platforms, IBAT Premier League (a fantasy sports league), IBAT Battle Swap (a DEX), IBAT Battle Market (an NFT marketplace), IBAT Battle Games (a collection of P2E games), IBAT Battle Arena (a metaverse world), and IBAT Battle Stake (a staking platform). With the IBAT token using the BEP standard, it benefits from cheap, fast, and energy-efficient transactions, perfect for a DeFi gaming ecosystem. The token can be used for in-game bets, staking, and purchasing advertising space within the Metaverse world. In contrast to most new projects, IBAT has already been KYC-verified by CoinSniper and audited by Solid Proof. With the amount of utility offered by Battle Infinity, it is one of the cheapest cryptocurrencies that shows massive potential. Join the IBAT Telegram for listing updates. Visit Battle Infinity Now Chainlink – Well-Known Oracle Altcoin Chainlink (LINK) is a well-known altcoin that provides on-chain projects a simple way to access off-chain data. By creating a decentralized oracle network, Chainlink has cemented itself as a key part of the crypto ecosystem. The project has already partnered with several notable projects including Chiliz, Hedera, and Polygon. Chainlink benefits from massive intrinsic value, a first-mover advantage, and a plethora of high-profile partnerships. As such, it should be no surprise that it’s considered one of the best altcoins available today. VeChain – Enterprise-Grade Blockchain Making Headlines Vechain (VET) is a popular layer-1 network designed to be used by large companies needing enterprise-grade solutions. The project aims to work its way into real-world industries in order to provide companies with immutable data that can be used to improve efficiency and transparency, particularly when it comes to supply chain management. Vechain has been making headlines recently through its partnership with e-commerce giant Amazon. VeCahin also works with several government entities making its use case apparent. Ethereum – Largest and Most Popular Altcoin Ethereum (ETH) is the largest and most widely spoken about altcoin on the planet. The ERC standard several of the aforementioned projects use is based on the Ethereum network. Ethereum features smart contract capabilities which allow developers to create cryptos and dApps using the network. With Ethereum being the second largest cryptocurrency on the market and being used by countless projects, it’s unlikely to go anywhere anytime soon. Quant – Interoperability Focused Project Trending with Investors Quant (QNT) is a project aiming to connect blockchain networks and solve the interoperability issue. Many investors believe that for cryptocurrency to enjoy mainstream adoption, different networks must first be able to work with one another. Quant is designed to facilitate exactly that. With Quant boasting partnerships with Amazon AWS, Oracle, and several other large tech-focused companies, it seems like this altcoin could explode in the near future. How to Buy Lucky Block To ensure nobody has trouble buying LBLOCK, we’ve created the below guide. Step 1 – Register with an Exchange Ethereum is needed to buy LBLOCK. It can be purchased easily from a regulated exchange like eToro. Visit eToro Now Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection Step 2 – Deposit & Buy ETH After creating an account, press ‘Deposit Funds’, decide how much to invest, and press ‘Deposit’. Then, type ‘ETH’ into the search bar, press ‘Trade’, choose how much Ether to buy, and press ‘Open Trade’. Step 3 – Create MetaMask & Send ETH Afterward, download the MetaMask browser extension or mobile app and follow the on-screen instructions to create a wallet. Then, ensure it’s set to the Ethereum network and withdraw ETH from eToro via the eToro Money Wallet. Step 4 – Connect Wallet & Buy LBLOCK Next, navigate to DEXTools, click ‘Connect’, choose MetaMask, and confirm the connection. Search for the WETH or USDC / LBLOCK pair, enter the desired number of tokens, and press ‘Trade’. The tokens will arrive in MetaMask near-instantly. Buy Lucky Block Now
MORE ...While the previous bull market saw hundreds of play-to-earn games launched, only a few were able to maintain a steady user base as the market declined.
The post What’s changed in GameFi in the last month? – July Report appeared first on CryptoSlate.
MORE ...Cryptocurrency adoption across the globe has been moving slower than most would like, but there is no doubt that there has been a lot being done so far. It started with El Salvador’s adoption of bitcoin as a legal tender, and it has spiraled from there. One thing that is yet to be done is a cryptocurrency backed by a nation. While other countries have gone the path of the Central Bank Digital Currency (CBDC), the Central African Republic has introduced an innovative monetary system to the world. Sango Enters The Picture Sango is a Layer 2 solution that is built on top of the bitcoin blockchain. When they say Sango is bitcoin-backed, it doesn’t mean just backed by BTC coins, but that the entire system is built atop the largest decentralized network in the world. The Sango sidechain is also backed by the Central African Republic, making it the first and only cryptocurrency ecosystem to be backed by a nation. The CAR, like other nations, has moved further in its drive to adopt digital assets as citizens of the world move in that direction. Sango will power a new digital monetary system that is being developed by the country by taking all of the good bits of the bitcoin network and improving on areas where the network falls short. This sort of infrastructure is only possible through using blockchain technology. By being a sidechain, Sango can bypass the network congestion that bogs down the bitcoin network by distributing the load across a second layer. This helps Sango to improve scalability, offer more privacy, and enhance programmability using smart contracts. It will enable users to make faster payments, as well as cross-border remittances. SANGO Coin Is Tomorrow’s Currency Faustin-Archange Touadéra, the President of the Central African Republic, has put forward that SANGO Coin will be the “currency of the next generation.” It is no surprise that the president has made such a bold statement, given the capabilities and applications of the SANGO Coin. SANGO Coin transcends just being used as a means of payment. Yes, it can be used to carry out fast and efficient transactions, but the SANGO Coin utilities far exceed anyone’s expectations. Being backed by bitcoin, it already has a strong foundation coming into the cryptocurrency market. Investing in SANGO Coin also opens the doors to the Central African Republic’s natural resources, which are currently valued at more than $3 trillion. Individuals can also apply for citizenship through investment by buying SANGO Coins, as well as applying for e-residency for individuals and corporations who wish to exist as digital entities in the country. Changing The Game Throughout history, there have been times when something new has overthrown the existing system. This can come in the form of new ways to invest or a new currency that overtakes the existing one. Sango actually provides both. Bitcoin is already a known and accepted store of value, so the SANGO Coin benefits from this establishment too. Since Sango will be pegged to bitcoin, users will also be able to transact with wrapped bitcoin (s-BTC) in the Sango ecosystem. The infrastructure that makes up the Sango ecosystem has been designed to serve the needs of governmental structures in a way bitcoin was not built to do. This is why building on the bitcoin blockchain but creating a new cryptocurrency was the best path for CAR. The utility of the SANGO Coin has already earned it accolades from prominent bitcoin evangelists such as MicroStrategy CEO Michael Saylor and Binance CEO Changing Zhao. Other African countries are now also looking to CAR’s system in hopes of implementing a similar one. SANGO Coins are currently available for sale on the website at a discounted $0.10 per coin.
MORE ...Merkle Science, a predictive crypto risk and intelligence platform has announced an extension of more than $19 million to its Series A funding round, bringing the total raised to over $24 million. New investments will help accelerate the company’s growth and will be used for expansion across the U.S. and Europe, as well as for R&D […]
The post Crypto risk & intel platform Merkle Science extends its Series A to over $24M appeared first on CryptoNinjas.
MORE ...
