NEW YORK, Apr 22, 2022 – (ACN Newswire) – Metallika.Inc, a global company focusing on the decentralization of mineral mining, has announced the integration of blockchain technology to its mining operations. The processes involved in mining are made up of a lot of stages with enormous data. In order to make our mining projects available to all investors, no matter big or small, Metallika is launching its own utility token. The company is collaborating in a series of exploration projects that include the granite project (currently in the development stage), beach sand mineral project (feasibility stage), chrome mineral trading, and graphite project (discovery stage). All the mining projects have passed through the initial 4 to 5 stages of the mining lifecycle and can start production within a space of 2 years. The team has also created a decentralized autonomous organization (DAO) to facilitate fast, reliable, and transparent communication among partners in the exploration and mining cycle.

The Metallika DAO

The decentralized autonomous organization created by the Metallika team is a system designed to operate on the blockchain autonomously. It completely adheres to the rules encoded into the smart contract. Every financial transaction within the DAO and the software rules of the smart contract will be stored within the chain of the transaction blocks. The team deployed distributed database technologies, secure timestamps to organize a secure digital ledger of contracts, deeds, and records that ensure ownership for all the DAO participants.

The major product of the DAO Metallika is cloud services. The Metallika DAO provides reliable and transparent communication between participants in the mining cycle with the cloud services. These participants are enabled to form partnerships and also obtain investments at every stage of the cycle. All members of the DAO can access the documentation stored in IPFS and manage approval processes for documentation generated during exploration. They can also issue digital commodity backend tokens that are backed by minerals.

The Metallika Token

It is a utility token that enables the operation of the Metallika DAO. The token guarantees access to the products and services of the DAO. One of the major properties of the token is that you can access it within the private Metalika DAO and other public blockchain networks like Binance Smart Chain (BSC) and Ethereum. The team is currently working on expanding the number of public blockchains for the token. The total token supply is 300,000,000, and 50% (150,000,000) will be an ERC-20 compliant token, while the remaining half will be BEP-20.

Upcoming Token Sale

The first stage of the token sale will be for the 300 million tokens on the public blockchain networks (Ethereum and BSC). Once the Metallika DAO goes live, a liquidity pool of tokens will be created within the DAO. It will be equal to the total number of tokens already issued on the public blockchains. The price per Metallika token is $0.1.

About Metallika.Inc

Metallika.Inc is a blockchain-powered company that tokenizes the services of mining natural resources. Companies and individuals who hold the Metallika token will be granted access to the data about mineral resources. These token holders can be part of the exploration and extraction of these resources.

Social Links
Facebook: https://www.facebook.com/Metallika.IO
Telegram: https://t.me/+D8KLYFM1CrkyNzkx
Twitter: https://twitter.com/MetallikaICO

Media Contact
Venkatesh Padala, Founder and CEO, Metallika.Inc
E: info@metallika.io
U: https://metallika.io/

SOURCE: Metallika.Inc

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Tallinn, Estonia, Apr 22, 2022 – (ACN Newswire) – Heroes of Arcan, an upcoming play-to-earn epic heroic fantasy game that aims to place the destiny of the world of Arcan in the hands of players for both in-game action and development is set to launch a token and NFT sale event in Q2 2022 that will allow players to participate in the development of the world of Arcan and access ARCAN tokens prior to launch.

Of 100 million ARCAN tokens minted on the WAX blockchain, 14 percent will be reserved for the Heroes of Arcan play-to-earn model, 6 percent to a private sale underway in Q2 2022, and 12.5 percent for the public token sale. A further 24 percent will be held in reserve in a community wallet and used to reward players and ARCAN token holders that stake in the Heroes of Arcan DAO.

Heroes of Arcan, founded by Thomas Gio, is set to launch in mid-Q3 2022. Further information on the Heroes of Arcan project and token sale can be found via socials.

The play-to-earn gaming industry has created an NFT-fuelled revolution over the last year. Over the course of 2022, play-to-earn games saw over $4.5 billion in trading volume transacted through blockchain-based games across over 754,000 daily active wallets.

Many of the play-to-earn games available to players today, however, lack the narrative and multiplayer community features associated with games within the mainstream gaming market. In many cases, play-to-earn games place a strong emphasis on generating potentially valuable NFT-based game elements that can be sold for a profit through in-game or secondary markets for cryptocurrency.

Heroes of Arcan aims to disrupt the contemporary play-to-earn paradigm with an epic narrative-rich heroic strategy game that pits players against each other within a vibrant, evolving fantasy universe. Drawing from strategic resource and territory management games, MMOs, and hero-focused elements of MOBA games, Heroes of Arcan is positioned to bring the “play” back into the “play-to-earn” model.

Building the First Player-Driven Epic Fantasy Game DAO

Heroes of Arcan launches players into the fantasy world of Arcan, in which players join factions and compete over territory fractured by conflict, war, and magical catastrophes of world-ending proportions. The world of Arcan is represented by 20,000 individual land pieces, each of which is an NFT — players collect sources, build tools, and capture land in order to create structures and collect Heroes.

The epic fantasy narrative of Heroes of Arcan provides play-to-earn gamers with far more than a means of generating profit from their playtime — Heroes of Arcan developers have made a concerted effort to create a vivid world in which their players are able to form alliances, create and execute novel strategies, and create teams of powerful heroes.

While Heroes of Arcan integrates many of the features expected of a strategy play-to-earn game, such as upgradable equipment, structures and tools, harvestable resources, and in-game marketplaces that allow players to trade with one another, a number of unique social and governance features make Heroes of Arcan a highly disruptive presence within the play-to-earn market.

Dynamic Peer-to-Peer Marketplace Reinvents Play-to-Earn Model

The resources, heroes, territory, and other gameplay elements of the Heroes of Arcan universe can be freely traded by players through an in-game marketplace. The way in which Heroes of Arcan handles trading in-game, however, functions very differently from the static, centralized models found in many other play-to-earn games.

Rather than operate in a vertical manner, the Heroes of Arcan economy integrates an organic growth model that promotes player-driven economic evolution and prevents economic imbalance. Arcanium, Heroes of Arcan’s in-game currency, is represented by the ARCAN token, placing control over the flow of value in the world of Arcan in the hands of players.

Transactions and trades made with ARCAN in Heroes of Arcan are subject to a tax, which forwards a part of fees paid by players using in-game marketplaces to a community wallet. ARCAN held in this community pool is used to reward players that stake ARCAN in order to participate in the Heroes of Arcan DAO.

Heroes of Arcan allows players to interact directly with the governance and development of the universe of Arcan by implementing a Decentralized Autonomous Organization model — players that stake ARCAN not only receive rewards from the community wallet, but can also propose and vote on changes that will affect the destiny of Heroes of Arcan.

The Heroes of Arcan economic model is supported by a horizontal gameplay system that ensures new players are able to gain a footing in the competitive world of Arcan, eliminating the centralization of resources and in-game power that occurs in other play-to-earn games.

Social interaction plays an important role in the world of Heroes of Arcan. New players of Heroes of Arcan choose a faction — the diplomatic Preachers, the warlike Conquerers, or the magically adept Wiser — to align with. Each faction is represented by a continent in the world of Arcan. Players in each faction are able to communicate with each other in dedicated Discord servers, opening the door to the formation of player alliances and guilds – or betrayal.

Economic sustainability within Heroes of Arcan is driven by additional features that will include mini-games, seasonal events, and territory updates. Early stages of the game offer power and economic scaling through resource collection, but later updates will provide players with the opportunity to improve and level up heroes, lands, tools, and equipment, create potions and enchantments, or build new architecture elements to add additional layers of economic complexity.

Robust Story-Driven Gameplay

The lore that drives the gameplay within Heroes of Arcan provides players with a far more compelling storytelling experience than any other play-to-earn game on the market. Heroes of Arcan developers provide a robust narrative and history behind the world of Arcan, launching players into a world in which three factions compete for territorial dominance.

Heroes offer players a powerful way to gain passive benefits when collecting resources, as well as a means of exploring new territory and gaining access to randomized loot drops through chests.

Social Links
Linktr.ee: https://linktr.ee/heroesofarcan

Media Contact
Thomas Giovannangeli, CEO, Heroes Of Arcan
E: hello@heroesofarcan.io
U: https://heroesofarcan.io

SOURCE: Heroes Of Arcan

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Zug, Switzerland, Apr 19, 2022 – (ACN Newswire) – 4ARTechnologies has announced that 4ART COIN brings to BITRUE and CRYPSHARK for Staking and Listing. Bitrue, one of the top 15 cryptocurrency exchanges released in 2018 that provides comprehensive and secure digital asset management through a simplified, user-friendly interface will listing 4ART Coin, $4ART/USDT at 10:00 AM UTC on Friday, April 22. In addition to this news, the company has released a new listing and staking news on Crypshark.

• 10.00 UTC – April 22: Trading begins
• 10.00 UTC – April 22: Withdrawal begins

Starting from 16 April 2019, the most popular art standard payment project 4ART Coin- 4ART (USDT) will make their debut on the Crypshark exchange. See below for the detailed schedule:

2022 April 16 – 11.00 am UTC: Direct purchase 4ART via Sepa/credit card

2022 April 19 – 11.00 am UTC: Staking while “stocks” last

2022 April 28 – 11.00 am UTC: Orderbook C2C trading

Likewise the token exchange, i.e. the purchase of 4ART with USDT / Fiat.

Key data staking 4ART Coins:

• 50 million pieces can participate

(While stocks last)

• Prerequisite is the token Gen20

(The exchange is easy and quick)

• Transfer to the exchange

(Personalized 4Art Wallet)

• Lock token — Use staking

(Accessible directly via the wallet)

• Rewards are paid monthly

(Bonus tokens are freely available)

Period & Reward

1 month: 0.5%/m

6 months: 1.0%/m

12 months: 3.0%/m

18 montsh: 4.0%/m

24 months: 5.0%/m

With the new listings, 4ART Coin will leverage Bitrue’s and Crypshark’s global scale, resources, and existing strong audience. Leveraging the accessibility of Bitrue and the Crypshark platform stands to make 4ART even more functional and seamless for new users, professionals and anyone who wants the best possible cryptocurrency experience.

4 ART Team added the following words, “In addition to the upcoming stock market listings, we have many more developments and announcements planned in the coming weeks as a lot of work has been done behind the scenes.”

Social Links:
YouTube: https://www.youtube.com/c/4ARTCoin
Telegram: https://t.me/fourartcommunity
Twitter: https://twitter.com/4artcoinnft
Instagram: https://instagram.com/4artcoin

Media Contact
Brand: 4ARTechnologies AG
Contact: Media team
E-mail: info@4art-technologies.com
Website: https://www.4art-technologies.com

SOURCE: 4ARTechnologies AG

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Dubai, UAE, Apr 19, 2022 – (ACN Newswire) – RaysX, an analytical platform that helps traders and investors to holistically analyze the cryptocurrency market and decentralized finance, will launch its own RAX token.

Early investors may have the opportunity to participate in the private sale of $RAX tokens before listing on crypto exchanges. According to the founders of the project, they only consider the RAX listing on the major crypto exchanges, including Binance. To purchase a token at a favorable price, investors and users need to fill out a whitelist.

“RAX is a native utility token of RaysX that helps developers monetize and stimulate the evolution into DeFi 2.0. It is a medium of exchange between developers and DeFi investors using Web3 applications. Third-party developers can build and deploy apps while users can use these apps by paying with RAX,” said RaysX founder George Gus.

RAX token can be used in multiple cases, one of which is app deployment. This means that external app developers access ready-made modules to build and deploy their applications using RAX token. In addition, users pay external app developers for the rights to access these apps using RAX tokens. They also get access to exclusive analytics and forecasts created by analysts and seasoned traders. At the same time, DeFi investors pay transaction fees required by trading apps on RaysX platform.

About RaysX

RaysX is designed to bring together the best minds of the crypto industry to accelerate the transition to DeFi 2.0 by overcoming and breaking down the constraints that are preventing the crypto market from becoming a full-fledged alternative to traditional finance today. List of RaysX key products includes:

• RAX Token. A native utility token of RaysX that helps developers monetize and stimulate the evolution into DeFi 2.0.
• The environment of the external Open Source Apps for DEXs and DeFi with monetization through RAX Token.
• The ML Prediction algorithm for deep data analytics and ranking with an open API for developers.
• Analytics Dashboard, DEX Terminal, and marketplace for external apps.
• RAX CryptoRank. A ranking algorithm to build a fairer rank.
• External Apps. A marketplace for external applications that allows any developer to deploy his application to the platform and make it available to a wide range of investors and users.

Social Links
Medium: https://medium.com/@raysx
Twitter: https://twitter.com/Ray__sX
Telegram: https://t.me/Ray_sX

Media Contact
Brand: RaysX
Contact: Media team
E-mail: gg@ray.sx
Website: https://ray.sx/

SOURCE: RaysX

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

SINGAPORE, Sept 8, 2021 – (ACN Newswire) – Recently UltiArena Technologies Pte. Ltd. (ultiarena.com) has announced that they achieved a new milestone.

Ulti Arena is a blockchain-based project that aims to revolutionize NFT gaming space with their products:

• NFT Marketplace for game assets, where buyers and sellers can trade unique 2D/3D assets, music, sound, and UI/HUD elements,
• Proof-of-Gaming, a gaming client allowing players to earn ULTI tokens when playing games such as DOTA2, LOL, CSGO, PUBG, Mobile Legends, and more,
• Crypto Trading Card game, built in collaboration with Remote Control Productions and Frag Games.

Because of the pandemic and extra time due to remote work from home, the gaming industry is growing at an unprecedented pace. Ulti Arena raised over $4 million USD from retail investors and VC’s (Luna Capital, Panda Capital, Lucid Blue Ventures among others). According to Duke Vu, CEO & Founder of Ulti Arena “We believe that NFT’s will change the world of gaming as we know it. Imagine every game in the future to be made on Blockchain – you can transfer any existing game items from one to another. Assets can be traceable and also unique – artists and developers will have new ways to monetize their creations and see how they’re used”

On 12th of September 2021 at 1PM UTC, ULTI token will be listed on PancakeSwap, a Binance Smart Chain Decentralized Exchange. The token will also be listed on Cointiger and BitMart exchanges shortly after DEX listing.

About Ulti Arena

Ulti Arena is the first NFT Marketplace for Game Assets on Binance Smart Chain. By implementing NFT — Non-Fungible Tokens, Artists and Developers can easily track their digital assets usage on blockchain. It also creates new ways of earning: NFT’s can be sold as unique pieces of art that can’t be reproduced and there’s only one owner. Buyers can bid on one-of-a-kind game assets, UI or music.

Apart from catering to Game Artists and Developers, Gamers will also find something for themselves. At Ulti Arena, we’re striving to create a thriving community of Game Enthusiasts. An innovative Proof-of-Gaming concept will also provide a consensus mechanism for users to earn ULTI Tokens by just playing games. The longer they play, the more ULTI Tokens will be generated for that particular player.

We’re also launching our own Crypto Collectible Card Game together with FRAG Games and Remote Control Productions.

The #ULTI token will be launched on PancakeSwap on 12th September followed by major CEX launches. Visit Ulti Arena’s Website and Social Media to talk about our project.

Whitepaper | Team | Twitter | Telegram | Discord | Facebook | YouTube | Twitch

Social Links
Twitter: https://twitter.com/UltiArena
Facebook: https://www.facebook.com/ultiarenacom
Telegram: https://t.me/ultiarena
Discord: https://discord.gg/ultiarena
YouTube: https://www.youtube.com/c/UltiArena
Twitch: https://www.twitch.tv/ultiarena
Whitepaper: https://ultiarena.com/wp-content/uploads/2021/05/Ulti-Arena-Whitepaper.pdf

Media Contact
Company: UltiArena Technologies Pte. Ltd.
Contact: Duke Vu
E-mail: contact@ultiarena.com
Website: https://ultiarena.com/

SOURCE: UltiArena Technologies Pte. Ltd.

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Frankfurt, Germany, Sept 8, 2021 – (ACN Newswire) – BurningMoon announces that it will continue its Live Token Buyback and Burn Events on a regular basis. Its first Buyback and Burn Event sparked wide interest among investors and a positive market response, as tokens worth over 100.000$ were bought back from the market and burned in an exciting live event on September 4th at 20:00 UTC.

Rainhard, the main developer, states that BurningMoon plans to buyback and burn tokens on a weekly basis. He says “We are aiming for the fastest raising price floor of any token” and explains, that in the first week after BurningMoons successful launch on September 28th over 25% of its token supply were already burned. This is more as Safemoon burned in its entire lifetime. Rainhard says, that everything around BurningMoon is designed to burn its token supply quickly, which increases scarcity and ultimately value for all investors. This will be achieved through frequent token Buyback and Burn Events, as well as several functionalities which were specifically implemented into its smart contract, such as the possibilities for any holder to Sacrifice tokens to increase rewards permanently or acquire Lottery tickets.

New Partnership with Pocket Doge

BurningMoon confirms a new partnership with Pocket Doge, which will be featured as the new Promotion Token, while BurningMoon itself will be available as an Earn Token at Pocket Doge. BurningMoon and Pocket Doge are looking forward to a fruitful collaboration and even more synergies in the future, as both aim to create a rewarding and secure environment for investors and are developing NFTs and a gaming and gambling oriented ecosystem.

BurningMoon Tokenomics explained

BurningMoon rewards are generated through taxed transactions and do not require any minimum amount of BurningMoon tokens. Rewards are staked automatically and can be claimed anytime. They can be claimed in BNB or any other token available on the Binance Smart Chain. Additionally, any holder can compound their rewards to buy BurningMoon tokens tax-free, acquire Lottery Tickets or Sacrifice tokens to receive twice the rewards permanently. Rewards can also be used to acquire the Promotional Token tax-free. Holding a specific amount of the Promotional Token grants additional benefits, such as a 3% tax reduction on all buys and sells.

The rewards are generated through a variable tax-structure, which allows to accommodate different market conditions or create promotional events. Taxes cannot exceed 25%, this limit is hard-coded into the smart contract. Functions such as claiming, compounding, acquiring lottery tickets and sacrificing tokens can be accessed directly through BurningMoons state of the art Decentralized Application (DApp), which interacts directly with the smart contract.

The Promotional Token is a prominent highlighted spot in the DApp and can be acquired tax-free. Holding a specific amount of the Promotional Token grants benefits such as a tax reduction.

The tax structure is variable, which allows to accommodate to different market conditions, but cannot exceed 25%. This limit is hard-coded into the smart contract, which is fully audited.

More information about the tokenomics can be found in the whitepaper. Secure by Design and Audited

The smart contract has been fully audited by Solid Group. Its elaborate code was thoroughly optimized, tested and audited before its release, to make it as secure as possible for investors, who are seeking protection from scams and rugs while maximizing their returns. Several innovative features were tested successfully in live conditions, for example the claim-function in EarnADA or BurningMoons innovative fair-launch system with a decreasing tax-system, which was integrated into BabyDot, for the first time.

Outlook and Team motivation

BurningMoon is the result of several months of development, countless tests, discussions and optimizations from Rainhard, the main developer, supported by a team of over 30 talented and experimented individuals, who are determined to make BurningMoon a true success.

The upcoming developments such as NFTs, a highly secure Token Launchpad and a Video Game Universe will provide a wide array of opportunities for beneficial and promising partnerships.

Find out more about BurningMoon:
Telegram: https://t.me/burningmoonbsc
Twitter: https://twitter.com/BurningMoonBSC
Audit: https://audits.solidgrp.io/burning-moon-audit/
Contract: 0x97c6825e6911578a515b11e25b552ecd5fe58dba
Whitepaper: https://burningmoon.xyz/BM_WHITEPAPER.pdf

Media Contact
Company: Burning Moon
Contact: Martin Wehenkel, Marketing Manager
E-mail: contact@burningmoon.xyz
Website: www.burningmoon.xyz

SOURCE: Burning Moon

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

SINGAPORE, Sep 6, 2021 – (ACN Newswire) – Shareandstocks.com, a digital stock market news outlet, launches premium aggregate finance news from major sources. They have a team of professionals in the field who are experts at collecting information and articles from various sources around the world.

The company is made up of a team of Individuals with a wide-ranging and in-depth understanding of the stock market events in US, Hong Kong, Singapore, China, Malaysia as well as other countries around the world. They are equipped with proving clients with the best possible experience, thanks to their incredible manpower, supported by cutting-edge computer systems.

The company's main aim is to build a community of investors. Investors needs a wide array of information to help them to make wise investment decisions and timely news is of paramount importance. They are also constantly working hard to include more investor friendly features.

What shareandstocks.com offers here is tons of business and economic news that can keep viewers informed of what is going on in the markets. And to be successful and have better information, viewers want instant news about stock trading from various sources. That's where shareandstocks.com can be a great choice for any investors looking to invest in stocks worldwide, cryptocurrencies or forex.

Shareandstocks.com is here to provide the latest news on all major stock markets like the US, Hong Kong, China, Singapore, and Malaysia and also cover IPO, cryptocurrency, and Forex news. Among some of the trendy topics, besides investing news, is a section of charts and graphs to help the reader visualize data.

Based in Malaysia, shareandstocks.com offers an ample amount of reliable content for beginner and professional investors, with various articles, analyses that range on various financial topics and markets. The company's mission statement is to bring the experience working with Fortune 500 companies to the table.

For more information, please visit: www.shareandstocks.com

Media contact
Brand: Shareandstocks.com
Contact: Vicky Lee
Email: admin@shareandstocks.com
Website: https://www.shareandstocks.com/

SOURCE: Shareandstocks.com



Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

New York, NY, Aug 23, 2021 – (ACN Newswire) – With vaccine passports touted to remain a permanent fixture of international travel, and even domestic mobility for the foreseeable future, this new crypto initiative seems to be riding the wave of recovery with its $COVAC cryptocurrency. The market appears to be loving it as its price has skyrocketed 180x in 2 months since its launch on PancakeSwap, a decentralised exchange running on the Binance Smart Chain (BSC), on 18 June 2021.

At the time of writing, the $COVAC token price was $0.000162 with a market cap of $2.46mil on PancakeSwap (as of 23 Aug 2021).

Seehowto buy $COVAC

So, what exactly is COVAC? COVAC, which stands for COVID Vaccine, is a community-driven, fair launched DeFi token used to track the number of COVID vaccinated people around the world. This token was created as a countdown timer to when we can resume travel and get back to our pre-COVID travel lifestyle.

Crypto Launching 2021 | Covac a Covid Vaccination Powered DeFi Token

It currently has a growing base of holders, and is aiming to launch on Hotbit, a centralised exchange on 26 Aug 2021. The ambitious team behind this first-ever crypto COVID Vaccine token is forecasting price to grow a further 50 to 100 folds once the listing hits centralized exchanges.

While still a mystery, the website reveals a team of 7 “doctors” behind COVAC, and our research has shown that they are actually a team with strong backgrounds in the travel tech, ecommerce and gaming industries.

They engage their ~20k Twitter and Telegram community quite frequently covering their product roadmap, and marketing efforts, like airdrop and bounty events. With regards to fear of rug-pulling with most of the new crypto meme projects out there, it’s not possible with this project, with their Liquidity Pool (LP) locked up for at least 1 year, and healthy organic growth in their market capitalisation.

The project has done minimal marketing with at best two KOLs on Twitter and two airdrop events so why are people so interested in this token?

COVAC has 2 products, of which the $COVAC token acts as the utility token

• TokenBlast: A user-friendly multi-transfer tool used to facilitate airdrops, distribute bounties from successful bounty campaigns, token giveaways, and even to distribute coins after an ICO or Security Token Offering.
• COVACPass+: A digital health pass which enables users to store their vaccination and test results for location check-ins and travel.

Users are required to hold a minimum number of $COVAC tokens in order to use the TokenBlast tool for free, and unlock certain features in COVACPass+. This is quite different from other platforms which typically charge a high upfront or subscription fee to use their products. COVAC is disrupting the market with this model as it effectively makes TokenBlast’s cost at least 10 times cheaper than the other equivalent multi-transfer tools.

$COVAC Crypto Products Teaser | Launching 2021

COVACPass+ has not been officially launched yet, but it will eventually use a blockchain oracle to validate the type and authenticity of the vaccine to ensure its validity for the travel route or location check-in points. Once validated with the off-chain database, it executes a smart contract.

How does it work?

19 billion $COVAC tokens were created to commemorate the year COVID-19 was discovered, i.e. 2019, with 3.8 billion in circulation, 5.7 billion will be burned with the token burn schedule following the global vaccination penetration rate. The founding team holds 0.95 billion in $COVAC, and the rest of the 8.55 billion $COVAC will be used for airdrops, marketing, partnership and community-building events.

What’s next for COVAC?

Post-listing, the COVAC team aims to launch their COVACPass+ product, and begin strategic partnerships with travel platforms, including hotels, flights, tours, and attractions operators, to promote safe travel and expand the use case of their tokens.

Looks like an exciting journey for this team, poised with strong products and good potential in riding the COVID recovery.

Join the COVAC Community
Website: https://www.covac.io/
Twitter: https://twitter.com/covaccrypto
Telegram: http://t.me/CovacCryptoChat
YouTube: https://www.youtube.com/channel/UCF0n3StJRbrM1oSeaXBQ4GQ

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

London, UK, Aug 20, 2021 – (ACN Newswire) – Recently, Utopia P2P has introduced anonymous USD stablecoin backed by DAI. It is a decentralized, peer-to-peer ecosystem, the development of which was begun covertly in 2013 and released officially in November of 2019, providing access to secure and surveillance resistant communication and finance, this month launches Utopia USD stablecoin – UUSD.

The UUSD stablecoin is built upon Utopia’s serverless, peer-to-peer blockсhain, that currently powers an all-in-one kit for secure instant messaging, encrypted email, voice communication and private web browsing.

Utopia USD, like the native Utopia currency Crypton, features anonymous transactions by default and does not reveal any identifying information to its blockchain, rendering its history completely untraceable. Every transaction is completely private and leaves absolutely no metadata visible. No other cryptocurrency currently provides this level of future-proof untraceable transactions. Competing private cryptocurrencies rely on obfuscation techniques rather than genuine anonymization and are vulnerable to tracking tools offered by the likes of CipherTrace.

Utopia USD is designed to maintain 1:1 parity with the US Dollar. UUSD is an anonymous, secure, instant and liquid payment method. Its value is backed by DAI cryptocurrency collateral that is publicly verifiable by the cold wallet address and equals the total supply of UUSD. The initial supply is 1,000,000 USD backed by 1,000,000 DAI located in the following Ethereum wallet: 0x2Cf6717fA2C1fea68F4bdedC26B578898651C270

The price of DAI is soft-pegged to the U.S. dollar and is collateralized by a mix of other cryptocurrencies that are deposited into smart-contract vaults every time new DAI is minted.

The liquidity of the Utopia USD is supported by market making algorithms on several exchanges including Crypton Exchange. Conversion is possible at a near-zero fee exchange rate. Crypton Exchange is a natively integrated anonymous crypto exchange with instant deposits and automated withdrawals. The exchange is available in censorship resistant form inside the Utopia ecosystem by domain CRP.

Utopia offers among the most advanced blockchain in the space and provides a combination of features unique for the cryptocurrency market:

– Anonymous transactions by default

– Instant transactions (less than 3 seconds to confirm)

– Transactions approximately 30 times cheaper than Ethereum

– Absence of network congestion by design through P2P infrastructure

– No KYC or transaction limits inside the ecosystem

– Crypto cards enable payments and invoicing dissociated from public keys

– Voucher code generation and redemption enable offline and paper money transfers

– Desktop GUI and console software, built-in API and tools for merchants

In addition to crypto payments, other Utopia ecosystem components include a decentralized form of DNS (domain registry), multiplayer games, Tor alternative secure network and Idyll browser created to surf deep sites hosted inside the Utopia ecosystem.

Utopia’s blockchain is based on Proof-of-Stake and Proof-of-Resources algorithms. Full nodes are located around the globe and participate in packet routing and validation receiving a reward every 15 minutes (block generation time) by providing internet connectivity, RAM and CPU resources. Each ecosystem user’s privacy is protected by utilizing a dynamic multi-link routing engine with MITM (man-in-the-middle) attack protection. Curve25519, XSalsa20 and Poly1305 algorithms are used to encrypt, sign and authenticate packets, objects and connections between peers.

Utopia’s desktop application is available for Windows, MacOS and Linux in 29 languages. Utopia takes the security of its ecosystem very seriously and has offered a bug bounty program since its

launch in 2019. The ecosystem has been developed by a group of networking technology enthusiasts over the last 8 years. To eliminate any impact on the project, developers of Utopia will forever remain anonymous.

The launch of the Utopia USD will be supported by a massive airdrop campaign and several marketing initiatives in August of 2021.

Contact Information
Brand: Utopia
Contact: Media Team
Website: https://u.is/
Medium: https://utopiap2p.medium.com/
Twitter: https://twitter.com/utopiap2p
Utopia Download: https://u.is/en/download.html
Utopia API: https://u.is/docs/api.html
Crypton Exchange: https://crp.is

SOURCE: Utopia

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com

HONG KONG, Aug 20, 2021 – (ACN Newswire) – DragonBite, a company developing rewards point technology for the blockchain, is thrilled to announce the launch of its web app, a platform designed for people to buy vouchers from renowned brands including Amazon, Adidas and Starbucks while distributing crypto currencies as rewards to its top purchasers.

The start-up which recently completed its IDO on Uniswap is on its way to release a Dapp in Q4 allowing users to convert their rewards points into cryptocurrencies via a utility token called BITE.

DragonBite's webapp is an intermediary step that aims to attract non native crypto shoppers to experience digital assets. With a user-friendly interface, this webapp connects users to their google accounts and lets them purchase vouchers by credit card. The highest buyers will receive $BITE as rewards from 10% of profits made by the sales.

BITE is DragonBite's native token, an ERC-20 token and can be stored in several wallets including Metamask. The token can be traded against USDT and ETH, bought and sold on Uniswap or BitMart. Its price depends on the demand and supply so the remaining profit from the voucher sales will be transferred in a vault and used to buy back $BITE from crypto holders or burn them, a common practice for project owners who tend to avoid using market makers and want to maintain the sustainability of their token over time.

"By rewarding our top vouchers purchasers in BITE, we believe DragonBite has the potential to make its token appealing to an audience of non-crypto users and therefore, enhance its utility which over time, should boost demand and value," says Mickael Costache, CEO of DragonBite.

DragonBite's webapp which is live today, can be accessed at https://webapp.dragonbite.io/ and is a pilot program for the Hong Kong market. It will act as a functional test before global launch of the system on the blockchain.

The firm aims to extend the sales of vouchers to the rest of APAC in the coming weeks, followed by India, the Middle East, the United States and Europe. Each region will launch with vouchers localized to support pertinent merchant networks.

As a prelude to the Dapp, DragonBite is confident its web app will allow more consumers to become comfortable interacting with crypto. "People purchasing vouchers are often subscribing to loyalty programs so we think this strategy will bring more people to the blockchain over time and encourage them to start experiencing the benefits crypto offers before we launch our Dapp, says Elvan Yau, COO of DragonBite.

The DragonBite team will release a series of tutorials in the days to come to guide the web app users and show them how to claim their tokens, open a crypto wallet and get setup on the blockchain.

About DragonBite

DragonBite is a decentralized ecosystem that puts the power of the cryptocurrency market into the hands of its users. DragonBite offers various products and services, catering to almost every aspect of the cryptocurrency economy, including a digital wallet, a cryptocurrency exchange, loyalty redemption points, discounts/purchases with crypto, and more. Using the DragonBite application, users gain access to every feature they could need within the cryptocurrency market.

Social links
Twitter: https://twitter.com/DragonBiteDB
Telegram: https://t.me/DragonBite
LinkedIn: https://www.linkedin.com/company/dragonbite/

Media Contact
Company: DragonBite
Contact: Mickael Costache
Email: info@dragonbite.asia
Website: https://www.dragonbite.asia

SOURCE: DragonBite

Copyright 2021 ACN Newswire. All rights reserved. http://www.acnnewswire.com