Namada, a groundbreaking Layer-1 blockchain protocol, specializes in enhancing privacy across various blockchain networks. What sets Namada apart is its ingenious utilization of zero-knowledge cryptography, a sophisticated method that encrypts and protects transaction information, ensuring that it remains confidential and secure as it moves across different parts of the blockchain network.
The Anoma Foundation, a non-profit in the blockchain world, has just revealed exciting plans for its Anoma mainnet. One of Namada’s founders, Awa Sun Yin, made the big announcement at Korea Blockchain Week in Seoul.
Redefining blockchain privacy
Namada does something very different from other programs. It lets you add secret protection to things you already have on the Blockchain space. This means you can keep your stuff private, even if the existing blockchain assets or applications lack built-in privacy features. It does this with something called “shielded actions,” which are like secret pathways that allow data to move securely across various blockchain platforms and applications.
Awa Sun Yin, one of Namada’s creators, talked about why this is important.
“The lack of privacy in crypto is becoming an existentially threatening centralization point. In recent years, we’ve seen large improvements In cryptography, combined with a more mature and growing multichain landscape – making it Possible to make the best privacy accessible for any user. At this point, making privacy practical for anyone in crypto is no longer rocket science – it’s a matter of prioritization.”
Heliax, which is the blockchain research and development firm behind both Anoma and Namada, have reached noteworthy milestones. It coordinated one of the biggest setup ceremonies till date, attracting over 2500 participants in December 2022. Namada also did really well in tests, with more than 200 big organizations and regular users checking it out.
What lies ahead?
Keep an eye out for more news about Namada’s official start, what they plan to do next, its roadmap to the mainnet, the economics of its native token, and its genesis proposal. The Anoma Foundation is all about making the Blockchain more private and giving everyone a chance to use it safely.
“Beyond Boundaries” web3 hackathon concludes successfully in Seoul.
163 participants form 90 teams, with 15 finalists showcasing innovative ideas.
Winning projects focus on enhancing blockchain interoperability and user experiences.
Oasys and XPLA, with support from Com2uS, recently celebrated the end of their web3 hackathon, Beyond Boundaries, with a big event in Gangnam, Seoul on September 3, 2023. At this event, teams showed off their cool ideas.
The hackathon got a lot of attention. 163 people joined in, and they formed 90 teams. Afterward, 15 teams got to show their stuff at the Demo Day. Nine teams came out as winners, with three from each group.
Solving Complex Problems and Enhancing Gaming Experience
This hackathon was a project between XPLA and Oasys. They wanted to solve tough problems in web3 and make games better. The event attracted many talented people who had new ideas.
Judges picked winners based on different things like how well the ideas worked with blockchain, how creative they were, and if they could help people. The judges included experts from XPLA, Oasys, HAECHI LABS, Yooldo, Marblex, Xangle, GroundX, KDDI, Nexon, and Hashed.
Paul Kim, from XPLA, was excited. He said:
“The ideas brought forth at Beyond Boundaries will help in tightly integrating various mainnets, propelling the web3 industry and community forward. This hackathon brings us one step closer to realizing the boundless possibilities and future of web3.”
Dominic Jang, Head of Business Development at Oasys, said,
“It was indeed a great opportunity for game companies and chain operators to meet talented builders that readily are working on critical hurdles game companies and blockchain businesses face. It’s essential to tackle the hurdles to create the paths for game companies to use the blockchain technologies when deploying games.”
The hackathon showcased an impressive array of innovative solutions across three distinct tracks, each pushing the boundaries of web3 technology.
Track One: Integration Solution Idea/PoC between Layer 1 Nodes
Third Place: Pandora developed a solution for obtaining desirable GameFi NFTs by combining non-fungible tokens from different L1s.
Runner-up: Loot Adventures used ERC6551 technology to turn Loot NFTs into pseudo-wallets, allowing players to equip any NFT or FT for dungeon exploration and PvP combat.
Winner: Toppin used ERC-6551 to sort profile NFTs from item NFTs, simplifying digital inventory navigation.
Track Two: Ideas for Blockchain Coding Plugin Format (module genre: game, NFT)
Third Place: Zero Protocol Team (ZPT) created a library for simplifying wallet implementation in Unity3D and HTML5 games.
Second Place: Yours aimed to simplify web3 gaming by enabling NFT issuance, authentication, synthesis, and trading in one wallet UI/UX.
Winner: LYNC developed an SDK for game developers to seamlessly integrate in-game assets into Unity and Unreal Engine.
Track Three: Ideas on Know Your Customer (KYC) UX Improvement Solution
Third Place: ARGOS offered a consolidated digital passport linking identity with blockchain wallets, simplifying KYC processes and Travel Rule compliance.
Second Place: Gameforms provided KYC authentication to customers through survey questionnaires and in-game missions.
Winner: Mines offered a comprehensive solution for managing accounts and wallets, allowing users to link their game accounts and perform KYC processes.
The judges liked projects that explored used cases of ERC-6551. Two of the teams did that to enhance interoperability and user experience.
Beyond Boundaries web3 hackathon, jointly organized by Oasys and XPLA with support from Com2uS, marks a significant milestone in the advancement of web3 technology. With its focus on solving complex problems, fostering innovation, and enhancing the gaming experience, this event highlights the growing potential and collaboration within the web3 community.
Orbs has formed a strategic partnership with Axelar Network, allowing users to securely bridge their ORBS tokens across prominent blockchains.
Axelar Network follows Orbs’ transition to a reliable alternative for secure token bridging after the collapse of Multichain.
Axelar Satellite emerges as a robust solution for cross-chain communication, ensuring seamless token swaps for Orbs users across various top blockchains.
Top Layer-3 infrastructure network, Orbs, has announced a new partnership with Axelar Network. This strategic partnership will enable Orbs users to bridge ORBS tokens across leading blockchains, including Ethereum, Avalanche, and BNB Chain.
A prominent L3 infrastructure network for decentralized applications, Orbs works perfectly with a wide range of dApps. By integrating Axelar Network, Orbs has provided users a secure and reliable way to bridge its token across top blockchains.
Moving on from Multichain
In the past, Orbs relied on Multichain cross-chain protocol for bridging of its tokens to alternative networks. A big gap was created when Multichain announced the cessation of operations in June due to an ‘unusual activity’ that lead to withdrawal of assets worth over $126 million from its wallets. The exact nature of the unusual circumstances remains unclear but Orbs has moved on.
In the past weeks, Orbs focus was finding a reliable alternative – a new bridge provider that will offer the highest level of security. Orbs also wanted a stable network that will guarantee support for ORBS token across all chains that were previously supported by Multichain. In the end, Axelar network was picked as the right alternative.
What Axelar network offers
Axelar Satellite ticks all the boxes when it comes to cross-chain communication for web3 projects. It’s a particularly excellent choice for projects creating decentralized applications that work across a single blockchain ecosystem. It utilizes proof-of-stake consensus mechanism, just like the majority of leading blockchain networks.
A top-level interchain infrastructure, Axelar Satellite will enable users to safely bridge ORBS tokens across popular blockchains, such as Ethereum, BNB Chain, Avalanche, Arbitrum, Fantom, and Axelar from today. It is known for its simple UI, which makes it very easy to use. Users can bridge their assets in just a few clicks.
Axelar has a really good reputation, especially when it comes to transferring digital assets across supported chains. So far, it has facilitated over 700,000 cross-chains swaps. The total value of transaction is now in excess of $1.8 billion.
In terms of what Orbs network needs, Axelar Satellite is the perfect partner. It meets the high standards Orbs needs. The ongoing security audit of its smart contracts and infrastructure is another big plus. The fact that its codebase is completely open and can be viewed by the community through its Github page adds another level of trust.
Orbs’ recent integration with Axelar Satellite provides a secure and reliable way for users to swap ORBS tokens across a number of leading blockchains. It appears to be better than the erstwhile collaboration between Orbs and Multichain cross-chain protocol. Starting today, Orbs users can be sure that they can securely swap tokens across the top five blockchains
BitPool V2 introduces a groundbreaking era of gaming with enhanced rewards and immersive gamification features.
Players can indulge in a cross-platform multiplayer experience.
BitPool combines the classic 8-ball pool game with blockchain technology.
In a groundbreaking development poised to redefine the gaming industry, BitSport has proudly announced the highly anticipated launch of BitPool V2. This cutting-edge AI and Web3 8ball pool game introduce a new era of unparalleled excitement, boasting enhanced rewards and immersive gamification features. Also, BitSport has initiated a Balancer Liquidity Bootstrapping event on Fjordfoundry, exclusively dedicated to the governance token $BITP.
Prepare to be amazed by the extraordinary world of BitPool V2, where cross-platform functionality and multiplayer capabilities are at the forefront. This revolutionary update transcends conventional boundaries, enabling gamers to indulge in an exhilarating multiplayer experience across diverse web browsers and mobile devices.
BitPool represents the culmination of BitSport’s vision, combining the classic 8-ball pool game with state-of-the-art blockchain technology and fostering a vibrant decentralized community of players. This sophisticated gaming experience delivers the most advanced and realistic 8ball video game immersion to date, adapting seamlessly to each player’s individual style.
With an array of game modes available, including tournaments, leagues, daily challenges, and thrilling matches against friends, BitPool’s innovative play-to-earn style ensure tangible rewards in the form of cryptocurrencies for players’ accomplishments.
Mark your calendars for the upcoming LBP event, scheduled from July 21-26, offering avid BitPool enthusiasts an exclusive opportunity to secure the game’s native cryptocurrency token, $BITP. This token serves as the backbone of BitPool’s gamified ecosystem and promises exponential growth potential for event participants. Notably, the $BITP token adheres fully to regulatory standards as a compliant digital asset. Players can acquire it through in-game achievements, deploying it for BitPool’s governance purposes, or indulging in the acquisition of coveted NFT-based in-game assets, such as Pool Cues, Avatar Sticks, and Rare Balls.
The unveiling of BitPool V2 and the simultaneous launch of the Balancer Liquidity Bootstrapping event on Fjordfoundry mark significant milestones for BitSport. Positioned at the intersection of blockchain, cryptocurrency, and video games, the emerging GameFi sector seamlessly integrates decentralized finance and tokenized ecosystems, creating unprecedented prospects for both gamers and investors.
Revolutionizing Gaming with GameFi and Blockchain Integration
It is worth noting that the pool gaming genre enjoys tremendous popularity, exemplified by the Guinness World Record achieved by the 8 Ball Pool app, surpassing one billion downloads in 2021—an impressive testament to its broad appeal. Against this backdrop and in light of the increasing interest in GameFi, BitPool stands poised to capture the attention of one of the largest player bases in the gaming industry.
“The GameFi industry presents significant potential for innovation and financial inclusion with the fusion of gaming and blockchain technologies. It creates opportunities for gamers to monetize their skills while enjoying themselves, and allows investors to participate in the growth of gaming ecosystems, encouraging the development of novel experiences”
—Charles Adenuoye, BitSport Co-Founder and CEO
Driven by the power of Non-Fungible Tokens (NFTs), BitPool introduces an unprecedented paradigm shift by facilitating ownership and trading of in-game assets through a decentralized marketplace. This innovative approach not only enhances player engagement but also spawns novel economies within the gaming industry.
The world’s leading derivatives exchange, BitMEX, is set to introduce a distinctive social trading concept that promises so much. Aptly named Guilds, this brand new concept will enable professional traders to come together to achieve more than if they traded alone.
According to the latest information, Guilds is currently in βeta (testing) stage, meaning it will launch soonest. The best part of the news is that it will be available to all BitMEX customers, including new, existing, and returning users. Traders of all experience level, therefore, can enjoy the benefits.
What Guilds is all about
BitMEX’s Guild is simply a dedicated space where users can come together to form a guild. This space will enable them to exchange ideas, insights and trading strategies, as well as trade competitively as a group. It gets better than that – the objective of a Guild is ultimately to outperform other Guilds.
Depending on the performance of a Guild, it can claim its position on the Guilds Leaderboard. The coveted top three positions come with their perks, and members will win a share in the Guild Pot, which is a weekly prize pool for participants.
To form a Guild, a leader needs to step up and take responsibility. Such leader (preferably an experienced trader) will have to customize and define the identity of the Guild. Afterward, other traders can join the Guild. Conversations are held in a dedicated chat room, which is seamlessly integrated into the trading UI (user interface).
“Guilds is not just designed to drive collaboration amongst the BitMEX trading community, it stands as a testament to our commitment to helping our traders thrive and recognizes the power of social trading. By being part of a Guild, we hope that our traders can unlock their full potential by learning from their cohort.”
—CEO and Group CFO of BitMEX, Stephan Lutz
Current State and What to Expect Next
The βeta launch of Guilds was initiated on June 29, 2023. Quickly, it attracted over 230 testers, who had collectively earned nearly $330,000 in PnL as of last week. Obviously, this is a good testament to the efficacy of the concept and its ability to uplift traders. It also marks a significant and inspiring milestone for BitMEX, which is striving to provide the best experience for its users.
When Guild will launch properly, every BitMEX user will get the opportunity to join any Guild of their choice. Any confident trader can also choose to start a Guild as a leader. A Guild will be able to host up to 49 members.
To start a Guild, a potential leader should have at least 10,000 BMEX staked. He/she must also possess the skills and authority to manage participants of the Guild. When the Guild wins, the leader must also see to the equitable distribution of the Guild Pot.
While the community continues to test Guilds, we can expect that more developments will evolve. At the moment, the βeta (testing) stage is going smoothly. One can agree, therefore, that BitMEX is poised to take the social trading experience of its users to the next stage.
It’s no longer news that MaskEX has ambitious global expansion plans. The next-generation crypto exchange is set to embark on what could be the hiring spree of the year in order to support this ambition. It aims to increase its global workforce by an impressive 300% before the end of Q3, 2023.
At the moment, MaskEX’s workforce stands at 100 employees. The company will hire extensively in the coming weeks and months to bring the total workforce to a robust team of 300 employees. Such a big move will significantly support the company’s expansion plans, especially in the MENA, CIS, and SEA regions.
A Strategic Hiring Drive
As expected, MaskEX is being strategic with its hiring drive. The exchange will focus on recruiting the best talents in the areas of marketing and communications, IT, legal, business development, and compliance. One of the prime objectives is to have a diverse and talented workforce that can competently enhance its operations worldwide.
Speaking about the company’s global expansion plans and what the remainder of 2023 holds, CEO of MaskEX, Eric Yang, said:
“We are thrilled to embark on this global expansion journey. With our innovative solutions and a growing team of exceptional talents, we are well-positioned to bring positive change to the crypto industry and make a meaningful impact on a global scale.”
MaskEX’s Global Expansion Strategy
As established already, MaskEX’s imminent hiring spree is aimed at supporting its global expansion strategy. The exchange is establishing itself in a number of new key locations. Recently, it received initial approval from Dubai’s VARA for the FMP License. Though it hasn’t started operations in the emirate, it’s waiting for final approval from the regulator to bring its innovative services to the region and add UAE citizens to its global customer base.
In preparation for the commencement of operations in the UAE, MaskEX has begun the construction of its headquarters in the city. The state-of-the-art facility is strategically located in the prestigious Mashreq Bank Headquarters in Downtown Dubai. It will open its doors to the public in August 2023.
From its Dubai headquarters and other offices, MaskEX will continue to strive to provide a cutting-edge platform for crypto trading and advanced banking capabilities.
Speaking on the company’s vision and commitment, MaskEX’s Vice President and Chief Strategy Officer, Ben Caselin, said:
“MaskEX’s vision is to bring the benefits of a truly interconnected financial system, enhanced with blockchain infrastructure, to countries and regions that have long been cut off from modern finance. We are particularly focused on emerging markets, where the transformative potential of our services will be more significant.”
Over the past couple of years, MaskEX has distinguished itself among cryptocurrency exchanges. In addition to providing an excellent trading platform, the company is in the advanced stages of developing an array of banking capabilities, under MaskEX Pay. Its focus is on helping users to access and utilize a blockchain-powered financial system integrated with legacy infrastructure.
MaskEX doesn’t target individual crypto traders alone. Its products and services will also cater to the needs of businesses in ever-evolving business climates. The company encourages professionals interested in exciting career opportunities in the crypto industry to join its fast-growing team. Applications can easily be submitted through MaskEX official website.
In what could be the news of the season for professional crypto traders, Bybit has just announced a big change to its VIP tiers system. The World’s third most visited crypto exchange announced today that professional options traders can now access their elite VIP tiers with trading history from other platforms.
By allowing the use of trading history from other platforms, Bybit is fast becoming one of the friendliest crypto exchanges. Its latest promotion will also see new options traders on the platform enjoy the lowest maker and taker fees (0.01%).
Bybit VIP and Pro Tiers for Professionals
Professional traders on Bybit can start taking advantage of the promotion immediately. They can easily switch to Bybit Options now, and they’ll be able to switch to the VIP and Pro tiers. Instead of relying only on trading history in Bybit, they can now use trading history or trading volume from other platforms.
With the recent development, even a professional Options trader who is new to Bybit can easily enjoy the benefits of its elite VIP and Pro tiers. There’s absolutely no need to start building your trading volume from scratch on the exchange. What’s better? Bybit will also grant newcomers VIP/Pro levels that are two steps higher than their current status.
In comparison to other platforms that typically offer VIP+1 benefits, Bybit is offering VIP+2 benefits and privileges for eligible users. For instance, an options trader with a trading volume of $100 million per month (Pro1 level at Bybit) on another exchange will be pushed two levels up after switching to Bybit. This implies that the trader will switch to the Pro3 level on Bybit instantly. One of the biggest benefits of accessing the VIP tiers is that trading fees become a lot lower with each step.
Making Life Easier for Professional Traders
While Bybit is obviously targeting new users, its commitment to improving the lot of Options traders is really commendable. Last year, the exchange introduced the industry’s first USDC-settled Options contracts for Bitcoin, Ether, and Solana. Under Bybit’s Unified Trading Account, these European-style contracts can be used alongside perpetual contracts and other derivatives.
Speaking about the exchange’s commitment to its old and new users, co-founder and CEO of the exchange, Ben Zhou, said:
“Newcomers to Bybit will soon discover how we are perpetually seeking innovative means to enhance their opportunities and augment their earnings. Bybit is committed to offering the most attractive incentives in the market, and this campaign exemplifies our dedication to the options trading community. We firmly believe that our platform provides the next-level reliability and opportunity professional traders are looking for. We look forward to welcoming new clients to our growing family.”
It’s a good time to use Bybit. This is an excellent opportunity for traders on other platforms to switch to Bybit and take advantage of all the goodies it is offering to newcomers. The fact that users can rely on their trading history on other platforms to access the VIP/Pro tiers is an indication of the exchange’s commitment to rewarding new users.
As the crypto space continues to evolve, it’s becoming clearer that decentralization may become the order of the day. This is becoming a lot more obvious as decentralized exchanges (DEXs) are beginning to compete favorably with centralized exchanges (CEXs).
In what could be described as an important development for the decentralized finance (DeFi) sector, a decentralized exchange called Kine has just obtained the MSB license in the United States. This means the DEX can commend trading services in the country.
Are you intrigued by decentralized trading? Do you want to learn more about how a DEX compares to a CEX? Are you keen to understand the advantages a decentralized exchange (DEX) can offer? We’ll discuss the key things you need to understand right here.
First Things First – What is A Decentralized Exchange?
A decentralized exchange is best defined as a peer-to-peer (P2P) exchange where cryptocurrencies and other digital assets are transacted directly between buyers and sellers. As opposed to centralized exchanges, there is no form of intermediary between a buyer and a seller in a decentralized exchange.
A DEX is often a non-custodial DeFi protocol. This implies that a typical DEX will always allow users to retain possession of their private keys while transacting on its platform. To do this, most DEXs rely on self-executing smart contracts.
How does a DEX compare to a CEX?
From their respective names – decentralized exchange (DEX) and centralized exchange (CEX) – you can have an idea of what differentiates the two types of cryptocurrency exchanges. While the former has no central figure or entity at its core, the latter is often run by a central figure or a company.
Another way to differentiate a DEX from a CEX is to see a DEX as a self-executing exchange where users are in full control of their assets and a CEX as a third-party corporation/exchange that acts as a storage facility for digital assets, regulates exchange transactions, and charges fees.
In many instances, CEXs and DEXs charge transaction fees. But transaction fees in centralized exchanges are often higher. In most cases, a decentralized exchange may charge little or no transaction fees. Again, while users of DEX are generally anonymous, the identity of users of centralized exchanges is known. In fact, most centralized exchanges require users to follow the stringent Know-Your-Customer (KYC) and Anti-Money-Laundering (AML) regulations. Decentralized exchanges are way more flexible.
What Advantages do DEXs offer over CEXs?
From what we’ve discussed earlier, it is a bit easy to point out the advantages a DEX can offer over a CEX. For the sake of emphasis, here’s a highlight of the core advantages decentralized exchanges offer over their centralized counterparts:
In decentralized exchanges, users control funds whereas the third-party company controls funds in centralized exchanges
Users and their transactions are kept anonymous in DEX and this is never the case in a CEX
Hacks and server downtimes are possible in a CEX but are not possible in a DEX
Transactions are way more affordable in a DEX than in a CEX since centralized authorities charge fees to make profits
DEX typically offers better security than CEX since it keeps private keys and other user’s details anonymous
A DEX is also typically more censorship-resistant than a CEX
A DEX has less potential for manipulation from any party at all, including the creators of the DEX
What’s the Implication of Kine Getting an MSB License?
In the introductory paragraphs, we mentioned that a DEX, Kine Protocol, has obtained the MSB license in the United States. How does this license translate to better days for DEXs?
For a start, MSB stands for Money Service Business. It’s more like an umbrella term that covers business entities involved in the money and financial market. Together with other licensing bodies, MSB is tasked with ensuring the integrity of the financial system and the prevention of illicit financial activities. It protects American investors and users of the money and financial markets.
While it’s not strictly a crypto license, MSB will allow Kine to open trading services in the United States. This implies that the DEX will be able to operate without further restrictions. It also means that American users of the Kine Protocol can be assured that they’re dealing with a safe decentralized exchange.
With its MSB compliance certification, Kine Protocol is set to become one of the most sought-after decentralized exchanges in America. The DeFi protocol is already known for many positive things, including achieving on-chain staking and zero gas fees trading.
Decentralized trading has come to stay. Gone are the days crypto enthusiasts depended fully on centralized exchanges, in spite of their many shortcomings. With many DEXs launching and offering diversified benefits, the future of DeFi is looking a lot brighter.
There’s no gainsaying the fact that Kine Protocol will help advance decentralized trading in North America and beyond. By obtaining the MSB compliance license, it has recorded another important feat for the DeFi and entire crypto industry. We hope to see more DEXs obtain financial and crypto licenses to improve compliance and advance the cause of the entire industry, as well as the fortunes of participants.
Zeebu has launched the world’s first B2B loyalty utility token for telecom carriers
Zeebu and the Zeebu (ZBU) token offers several key benefits, including reduced cost, faster transactions, 24/7 instant payments and more
Zeebu is safe and offers incredible value to all users, including merchants and customers
Zeebu launched its innovative B2B utility and loyalty token for Telecom carriers a few weeks ago. Being the pioneer company in the Telecom carrier industry to leverage blockchain technology, Zeebu is onboarding merchants all over the world.
Zeebu is committed to revolutionizing the global Telecom carrier market. It improves cross-border transactions and profitability in the industry. At the same time, it incentives users, including merchants and consumers. In this Zeebu review post, we’ll discuss the platform and its token properly.
What is Zeebu?
Zeebu can best be described as a blockchain company in the telecom carrier industry that aims to revolutionize the industry with its innovative technology and products. Zeebu utilizes blockchain and settlement technologies to offer top-quality products/services.
To achieve its many objectives, Zeebu has a unique loyalty utility token. The use of this token generates a number of beneficial outcomes, including improved profitability in the Telecom carrier industry. Zeebu has also transformed cross-border transactions for the industry.
Due to its unique market, Zeebu may not be as popular as other top blockchain platforms. Its impact, however, is massive within the Telecom carrier industry, and there are chances it will extend its groundbreaking solutions to other B2B industries.
Improved efficiencies through instant global transactions
Reduced costs associated with cross-border transactions
Increased security and decentralized control
Enables faster transactions while reducing disputes and disruptions
Enables 24/7 carrier businesses to accept instant payment any time, any day
How Does Zeebu Work?
Zeebu works as a one-stop solution for Telecom carrier participants. It can be used by merchants and customers in different ways. Depending on individual needs, the Zeebu platform offers the best-in-class user experience.
Getting started with Zeebu is somewhat simple and very secure. Customers and merchants receive their secure login after completing KYC verification. They will then have access to the Zeebu wallet from where they can complete all kinds of transactions.
It is easy to deposit and withdraw funds from the Zeebu platform. It’s also super-easy for merchants to generate and send invoices to customers. In addition to the settlement interface, Zeebu offers a suite of reports to help businesses track their KPIs. Zeebu also supports Swap trading of the ZBU token with other cryptocurrencies and fiat currencies.
The Zeebu Loyalty Utility Token
The Zeebu loyalty utility token powers the Zeebu platform. It is the world’s first B2B (business to business) loyalty utility token for telecom carriers. Its primary role is to facilitate instant global transactions, thereby boosting efficiency in the industry.
The use of the Zeebu token within its ecosystem offers a number of benefits. It rewards merchants and customers when they use it to complete transactions successfully. Some of the most obvious benefits include:
Reduced transaction costs
In all, the Zeebu loyalty utility token provides loyalty rewards to both merchants and customers. It also solves issues that bedevil the global Telecom carrier industry, such as remittance delays, high cost of international transactions, as well as high volatility of local currencies.
Zeebu Review – Core Features
Like other innovative blockchain solutions, Zeebu has core features that make it work well for users. Without further ado, here are some of its core features:
The wallet is the secure place within the platform where users can store their Zeebu (ZBU) tokens. Once the secure login leads you to the Zeebu platform, you will see your wallet balance at the top of the screen. There are ‘deposit’ and ‘withdraw’ interfaces within the wallet environment.
The Zeebu wallet allows users to deposit, withdraw or transfer their tokens or fiat currencies with ease. There is also an address management function that allows users to whitelist withdrawal addresses for all supported assets.
The settlement interface of Zeebu makes generating and sending invoices super-easy for merchants. It also helps merchants and customers to keep track of all invoices and their accompanying settlements. This interface also provides payment status for all invoices and other important details.
With Zeebu, it’s easy for telecom carriers to effectively track their business KPIs (key performance indicators) in order to improve overall efficiency. Customers and merchants will benefit from its comprehensive suite of reports.
It’s also interesting to note that transaction history on the Zeebu platform can be filtered based on such criteria as currency pair, transaction status, and market. Other key pieces of information that can help improve business decisions are also available on the reporting interface.
It’s actually easy to convert other cryptocurrencies and even fiat money to Zeebu (ZBU) tokens through the platform. The Swap trading feature is fast and reliable. Once the user selects the currency to convert and the amount, they will receive an instant quote. The next thing is for the user to review prices and confirm the transaction details.
Swap Trading in Zeebu is settled instantly, in a matter of seconds. Rates are always enticing, and remember that users receive loyalty rewards as they continue to use the Zeebu platform and its token.
Is Zeebu Safe?
From all indications, Zeebu is a safe platform. It leverages the power of blockchain technology to improve the telecom carrier industry in a sustainable and safe manner.
The Zeebu token (ZBU) was launched on the Ethereum mainnet. The implication is that it leverages Ethereum security infrastructure.
We’ve also mentioned Zeebu’s secure login. Before anyone can access the platform, the Zeebu admin requires a complete KYC verification. This means potential threats to the network are eliminated even before they gain access to the platform.
Zeebu Review – The Verdict
Zeebu will transform the telecom carrier industry in many ways. It has already started on the right path through its best-in-class UX and the loyalty utility token that facilitate transactions throughout the ecosystem. Zeebu offers a lot of benefits to merchants and customers. Some of the most prominent benefits, as we’ve revealed earlier, include reduced costs, a boost in trade, faster transactions, and 24/7 instant settlements. Through instant global transactions and other beneficial functions, Zeebu is set to transform the telecom carrier industry further.
ParallelChain has great news for potential investors and the wider crypto community. The team has officially announced the much-anticipated XPLL Community Round. This is coming as the ParallelChain mainnet that completes its dual-blockchain ecosystem goes live.
As early as 2020, the ParallelChain team started working on building the public proof-of-stake mainnet for its dual-blockchain ecosystem. Prior to that, ParallelChain was only available as a private blockchain for enterprises. After over 3 years, the project is complete. To reward its loyal community and potential investors, ParallelChain will host the XPLL Community Round soonest.
Short Introduction to ParallelChain
ParallelChain is a unique dual-blockchain ecosystem. It’s basically made up of or powered by two distinct by closely-related layer-1 blockchains; ParallelChain Mainnet and ParallelChain Private. As an ecosystem, it supports applications and smart contracts.
ParallelChain was created to serve as a utility-driven, networked and trusted ecosystem for web2 and web3. At its core is privacy-inclined interoperability between public and private blockchains. Other factors that make the ecosystem outstanding include web2-compatible scalability, AI capabilities, and compliance with regulatory authorities.
ParallelChain contests that without web2 collaboration, DeFi may hit a dead-end. In response, the team aim to evolve the ecosystem in a secure and accessible manner that will bring about transformative use cases within and beyond the crypto universe.
The Community Round
ParallelChain has completed a good number of investment rounds since the mainnet began in Q4 2020. The last private round was particularly successful, and the ParallelChain community has grown significantly since it was concluded. Now, there’s a new opportunity for those who missed the previous events to get into the community and position themselves for the benefits.
The current community round was tentatively scheduled to hold between 27 March and 30 April 2023. The community round supply is $6,250,000 XPLL tokens, and they are priced at $0.76 per token. In terms of vesting, 35% of the tokens will be unlocked at the mass distribution event (scheduled for 1st week of May 2023). The remaining 65% is expected to vest daily and linearly over 30 days, 150 days, and 270 days, depending on volume.
To participate in this round, you’ll need to apply the link https://xpllkyc.parallelchain.io/. Once you provide the necessary information and complete a KYC process, you can submit and wait for the team to verify and potentially accept your application. If successful, you’ll receive a SAFT (Simple Agreement for Future Tokens) via email. You will also get your XPLL tokens in the ParallelChain address you provided in the form at the mass distribution event.
ParallelChain has completed several successful rounds since 2020. This is another excellent opportunity for new and existing community members to get ParallelChain (XPLL) tokens at a pre-sale price. This opportunity will yield huge benefits as the dual-blockchain ecosystem expands and gain popularity across markets.
Cryptocurrencies have made online betting experiences much easier. Users now prefer Bitcoin casinos more, with fast deposit opportunities, delicious bonuses and more. CryptoLeo Casino is one of the big names in this industry. CryptoLeo is now also expanding into the Brazilian online gambling market.
From live casino games to the most preferred slots, from popular sports bets to jackpot games, CryptoLeo has all the details you look for in a betting site.
The pros of CryptoLeo
· Licensed in Curacao
· Excellent support
· Easy to use payment options
· Mobile compatible
· 3,000+ games
The cons of CryptoLeo
· Only accepts cryptocurrency
· Multiple geographical restrictions
CryptoLeo Features Overview
CryptoLeo is a company licensed and regulated by the Government of Curacao. Developed with a complete focus on user experience, the online crypto betting site lists games from software providers such as Nolimit City, Ruby Play, Yggdrasil Gaming, Betsoft, Elk Studios and many more.
Supported cryptocurrencies and payment options
CryptoLeo offers a very simple deposit and withdrawal interface. You can deposit with any of the 10 supported cryptocurrencies. Most of the time, your deposit will be credited to your account within a few seconds to a few minutes.
Those who want to make things even simpler can purchase cryptocurrencies in various ways from within CryptoLeo’s own interface.
Each cryptocurrency has different minimum deposit requirements. For example, there are requirements such as 0.0001 BTC, 0.01 ETH, 10 TRX. There is no maximum deposit limit.
CryptoLeo has no verification requirements for deposits and withdrawals.
User interface and mobile support
CryptoLeo has an intuitive interface that users are familiar with, a modernized graphic style and a very wide range of games. The fact that it is available in 19 languages, including English, German, French, Italian, Turkish, Polish, Greek and Finnish, makes it suitable for betting lovers from most every country.
By adding the games they want to their favorites, users can easily reach them later in the lobby. It is quite simple to find any game from any provider and start playing.
CryptoLeo is available on desktop, Android and iOS operating systems. You can use the website with any smartphone or mobile device. Moreover, you do not need to download an app. All functions of the site can be used from any device and it is possible to place bets even on the go.
Are you feeling unlucky with slot games or struggling to reach 21 in Blackjack? Don’t fret, as CryptoLeo has got you covered. With over thousands of games available from the top providers in the online casino industry, you’ll have plenty of options to choose from. Whether you’re a fan of classic casino games like Poker, Blackjack, Baccarat, and Roulette, or prefer newer game shows, CryptoLeo has something for everyone. Head over to CryptoLeo today and explore the wide variety of games on offer.
CryptoLeo supports all popular betting providers. Listing more than 3000 games, the site has advanced graphics and immersive acoustics in every game. The Netent provider’s Dead or Live 2 game with a maximum payout of 100,000 X, the Wanted Dead or Wild game, which is popular with slot players and pays 12,500 X when you catch 5 VS, and from popular hits like Gates of Olympus, Sweet Bonanza and Beast Mode to hundreds of lesser- known games, they’re all waiting for you on CryptoLeo.
Live casino games have become increasingly popular in the world of online gambling, and they are a must-have for any reputable crypto casino. In addition to the classic casino games such as Poker, Blackjack, Baccarat, and Roulette, players can now access a new generation of game shows through platforms like CryptoLeo.
One of the most exciting new developments in the world of online gambling is the emergence of live casino games. These games allow players to experience the thrill of a real casino from the comfort of their own homes.
CryptoLeo is a leading crypto casino that offers a wide variety of live casino games to its players. In addition to the classic games, CryptoLeo also features cutting-edge game shows such as Crazy Time, Monopoly Live, Lightning Roulette, and Sweet Bonanza CandyLand. These games are designed to be highly engaging and immersive, with state-of-the-art graphics and animations that bring the game to life.
CryptoLeo is one such platform that offers a wide range of live casino games, including the latest game shows that are sure to provide hours of entertainment. So why wait? Sign up today and start playing!
CryptoLeo caters to a diverse range of preferences in sports and live betting, with an extensive selection of options to choose from. Apart from popular sports like football, basketball, and tennis, Vave Casino also provides betting opportunities for lesser-known sports such as E-sports, Dart, Rugby, and Handball. This diverse selection allows bettors to enjoy a comprehensive and enriched betting experience.
If there is a sporting event played anywhere in the world, you can be sure that you can find it on the CryptoLeo Sports Book page and place a bet.
Bonuses, cashback and affiliate program
CryptoLeo offers various bonuses to loyal players. Daily missions, permanent missions, mission achievement points, tournaments and Wheel of Fortune with random rewards maximize players’ earnings.
Up to 25% Rakeback
Rakeback is a cashback bonus exclusive to CryptoLeo. This bonus gives back a percentage of every bet you make. Moreover, the bonus amount can be up to 25%.
Players’ levels are determined by the number of bets they place and the wager. There are 151 levels in total. Rakeback reward percentage is 7% for Bronze tiers, 10% for Silver tiers, and 13% for Gold tiers.
Leo Pride is a tournament organized by CryptoLeo every month. Players who bet on their favorite slots for 30 days receive a share of the prize pool of 5000 USDT.
Players will also find a showroom of progressive slots on CryptoLeo. These slots have a constantly growing Jackpot. In this way, players have the opportunity to double their winnings.
Security, Licensing and Regulation
CryptoLeo has chosen the major crypto casinos as its competitors and has reached a level that can compete with them. The website has both CloudFlare’s advanced web shield and SSL encryption methods. This means that personal data and passwords are protected while you enjoy CryptoLeo.
Anyone can register with CryptoLeo anonymously. Responsible betting without sharing sensitive information gives you a high level of anonymity and security.
Every game found on CryptoLeo is geared towards being fair and in the best interest of the players. The Government of Curacao, which is considered one of the most reliable licensing institutions, has fully regulated and licensed the platform. In addition, the games on the platform are tested with the RNG test. This guarantees the randomness of the game results.
Although CryptoLeo targets every betting enthusiast worldwide, the terms and conditions of some countries do not support CryptoLeo. These countries include the USA, Russia, the UK, Spain, the Netherlands and others.
CryptoLeo strives to have the best customer support service. Featuring a team that offers users 24/7 support via online chat and email, the platform also has an FAQ section that covers a variety of common issues.
Despite being a relatively new online crypto casino, CryptoLeo shines brightly among its competitors. With a CasinoRank of 7.11 and a Player rating of 8.3 on Askgamblers.com, this online casino is focused on user satisfaction and safety.
CryptoLeo Casino offers an exceptional online gambling experience to crypto enthusiasts. With an extensive selection of games, easy-to-use payment options, and excellent support, it is no surprise that CryptoLeo is one of the leading names in the industry.
The platform’s expansion into the Brazilian online gambling market is a testament to its commitment to providing a seamless betting experience for users worldwide. While the site only accepts cryptocurrency, its licensed and regulated status and user-friendly interface make it a top choice for crypto betting. With an array of bonuses, cashback opportunities, and an affiliate program, CryptoLeo provides ample opportunities for players to maximize their earnings. Overall, CryptoLeo is where winning is a way of life!
Polkadot is the latest big player in the crypto space to introduce a game and interoperable metaverse to the wider crypto community. Dubbed Madala, the said metaverse is ready to go cross-chain, thanks to Polkadot’s powerful interoperability benefits.
Mandala was created as a cross-platform game and interoperable metaverse. Its entrance into this ever-evolving subsector of blockchain will be championed by the launch of the Cryptonauts NFT collection, which was created by illustrator and concept artist, Bruce Zick on the Aster network. It must be acknowledged that Mandala chose Polkadot because the core NFT functionalities it needs are Polkadot. These functionalities include staking, nesting, and the ability to send NFTs over blockchain bridges.
More about Mandala
An advanced metaverse, Mandala is a cross-chain, cross-media franchise that utilizes the best and most advanced technologies in the industry. Its NFTs are backed by AAA Unreal Engine MMO RPG + location-based AR (augmented reality) mobile game. It brings gaming, television, and graphics novels into a single platform.
It’s also on record that Mandala has established what is now the World’s first Enlightenment Simulator, powered by SingularityNet’s decentralized AGI. Sophiaverse, which is SingularityNet’s metaverse, also aids in achieving true interoperability in Mandala.
Mandala aims to turn the world into a game board. This will be achieved by bringing weaving many of the established world’s methodologies into an immersive story. Part of the objectives is to open the path to self-sovereignty and enlightenment.
Leveraging Polkadot to Open Up Imagination for Gaming
It must be acknowledged that Mandala chose Polkadot because of its inherent capabilities that support Mandala’s goals and objectives. By collaborating with the giant Web3 interoperability and decentralized blockchain, Mandala now has access to the dozens of parachains and sovereign blockchains on Polkadot’s relay chain.
Polkadot’s unrivalled interoperability means Mandala will be able to collaborate with several other projects. Thanks to Polkadot’s parachains and the network’s interoperability capacity, Mandala will also enjoy high-level shared security and scalability.
Speaking about the collaboration, Mandala CEO, Jon Shanker, said:
“Polkadot has real future-proof NFT applications, such as nesting, staking and the ability to send NFTs over bridges – plus many other innovative ways to use NFT assets. The overall cooperative and collaborative flow opens up our imagination for gaming and the mass adoption of blockchain capabilities. We are now able to do things we didn’t think possible. By joining Polkadot’s burgeoning ecosystem, we’re also able to take advantage of the best-in-class secure interoperability the network offers.”
An Emerging Web3 Rebel Alliance
As it stands, Mandala has already chosen some key Polkadot-aligned partners to form what can be termed the foundation of a Web3 ‘rebel alliance’. These carefully-chosen partnerships will help all parties navigate the cross-chain open sea.
The known partners include:
Aster Network – which offers the infrastructure to support EVM and WASM smart contracts
Unique Network – which offers sponsored transactions and bundles fungible and non-fungible tokens, splitting NFTs for partial ownership
Talisman – which is a top multichain wallet for Web3 optimum experience
Speaking about the unique partnerships, Maarten Henskens, the Head of the Aster Foundation, said:
“The Mandala launch combines entertainment and blockchain innovation to showcase Astar Network’s potential. The team has created an immersive experience for collectors and aims to engage new users and explore NFT interoperability. It’s exciting to see blockchain and NFT adoption in entertainment and beyond.”
Mandala may as well change how we understand gaming, storytelling and the concept of the metaverse. By collaborating with Polkadot, the emerging metaverse has opened the way for a lot of potentially ground-breaking achievements. The Cryptonauts NFT collection (which will be the first collection on Mandala) will launch on Aster Network on 28th April 2023. Full detail of the collection and the upcoming launch can be found here.
Festivals are crucial for film success and offer opportunities for filmmakers to showcase talent and connect with audiences.
Web3 can improve access to festivals and enhance content creator-audience connection.
MILC’s Art Tower and Alpha Film Festival showcase the potential for Web3 to revolutionize the film industry.
Festivals have become a crucial part of the film industry, given the various ways it helps in the success of films. Filmmakers have always taken advantage of the opportunities presented by these festivals to showcase their talent to industry leaders and also have a better connection with their audience.
These festivals have gone on to produce some of the best and most renowned directors and actors in the movie industry today. Tourism is yet another important factor that drives the hype around these festivals, this is because these festivals in a way make their host location a center for tourist attraction at the time of the event.
There are many film festivals every year and chances are that many film enthusiasts and new filmmakers look forward to these events, but the question is, how many of these film lovers and new filmmakers have access to these festivals? How many of them can truly experience the “magic” of films in these settings? Blockchain answers this question effectively.
MILC and the Film Industry
The integration of Web3 in the film industry –Film3- alleviates this problem, and MILC with its services has definitely blurred the lines between movies, festivals and Web3 technology. With its main focus on how content are created and shared, Media Industry Licensing Content MILC has already successfully launched a film on the metaverse space and planning to do more.
Recently, MILC collaborated with Bad Blood Productions, based in the UK, to launch a film on the MILC metaverse platform last Halloween. A collection of posters and concepts art from the movie ‘Sacrilege’ from the Bad Blood Studios were all hosted on MILC Art Tower.
Individuals and fans of the horror saga were amazed at the truly terrifying horror pictures on MILC’s Art Tower, and this definitely sets the tone for the future of partnerships between films and Web3 technology.
The Future of Web3 and Film
At the center of MILC’s purpose is its goal to connect content creators of all kinds, including filmmakers, musicians, and gamers with their audience in an even more efficient way. Achieving this goal is now on the horizon for the company as they aim to launch their first-ever international film festival on their metaverse. This puts them on a path to becoming one of the best platforms for Web3 content creators and audiences as well.
The company is hosting their very own film festival – The Alpha Film Festival, in partnership with Film Verdict led by Eric Mika. Working with renowned and famed publications, including the Hollywood reporter and Variety, they aim to bring more diversity and originality to the whole process.
The Festival is centred on the audience and filmmakers, giving them a look into the world of metaverse and what the future holds for film and Web3.
Transfer of Bitcoin between the Bitcoin blockchain and Rockstock sidechain just became easier and safer. As announced by IoV labs today, such transactions can now be completed in minutes instead of hours, thanks to the RIF Flyovers.
General described as a ‘Repayment Protocol’, RIF Flyover is unique, utilizing a novel bridging method that offers improved security without compromising decentralization. Unlike traditional cross-bridging methods, it doesn’t grant third-party access to your fund or private key.
Improving Asset Transfer between Bitcoin and Rootstock
The primary goal of RIF Flyover is to facilitate fast and secure asset transfer between the Bitcoin blockchain and the Rootstock Infrastructure Framework (RIF). It is very useful for fast cross-chain transfers, especially in specific conditions. It improves on traditional bridging solutions in terms of speed, security and overall user experience.
Among the first platform to recognize this groundbreaking blockchain engineering is the Association for Cryptologic Research. The IoV’s Research and Innovation Team had the Flyover protocol research paper published there.
According to available information, RIF Flyover will achieve the required speed by utilizing trust-minimized utility providers. More on the liquidity providers later.
It is important to state that RIF Flyover is just the latest addition to RIF, which is fast becoming a suite of valuable open-source protocols developed by IoV Labs. This suite of products is currently helping developers to build and launch DeFi applications quickly.
Tested Solution for Asset Transfer
RIF Flyover works in a unique way to create value and reward participants. The technology allows third-party liquidity providers to facilitate a transaction by advancing the transfer for the user. Such liquidity providers have no access to neither the users’ assets nor private keys.
Upon transferring an asset to Rockstock, which is a Bitcoin Layer-2 sidechain, a BTC-pegged native token named RBTC is used to complete a transaction faster. Thanks to its services, users can interact with:
Speaking about the new product and the future, Co-Founder and Chief Scientist at IoV Labs said:
“We are excited to release the RIF Flyover protocol to the Rockstock community. The protocol significantly reduces the amount of time required to transfer bitcoins between Bitcoin and Rockstock Chains without compromising security. This is achieved by ensuring that the fund is never in the custody of a third party during the transfer.“
“We can’t wait to see how the community uses the protocol to develop unique solutions. RIF Flyover is now available as part of the Rockstock Infrastructure Framework (RIF) as an open-source suite of products and protocols that enable developers to quickly and easily develop and launch new DeFi services.”
The RIF Flyover from IoV labs offers something new and exciting for the Rockstock and Bitcoin ecosystems, as well as the wider crypto community. Liquidity providers are vetted to ensure the utmost professionalism. They register through a liquidity pool and deposit collateral into a smart contract before resuming their work. The collateral helps to keep every participant in check and misbehaving liquidity providers are punished automatically.