Tag: NFTs

After 500 per cent spike in a single day, MuskMelon NFT advances its game for yielding higher returns

MUMBAI, INDIA, Aug 19, 2022 – (ACN Newswire) – MuskMelon NFT, a utility token developed on Binance Smart Chain and Ethereum, transforms its game with the addition of the latest generation technology – Automated Burning, NFT Gaming & Metaverse. These next-level tech upgradations will create a big hit craze in the NFT and gaming universe.


The Web3 space has proved its charm multifaceted and constantly evolving, and the world is embracing it heavily. A lot of focus remains steady on the tech evolution for NFTs. With the advent of Metaverse and its heavy embracement, the gaming industry is witnessing huge demand and response as NFT avatars models and memes lead to higher engagement.

Considering the proliferating demand for NFTs and Gaming, the MuskMelon project's creator had launched 10 billion Melons, which is the native currency and can be used for buying Non-Fungible Tokens, in-game assets, and even for other purposes. Recently, within the initial trading hours, The Melon tokens went up by 500 per cent, providing enormous profit for investors.

On the upgradation occasion, Neal Mathews, Project Advisor of MuskMelon, said, "We are enormously enthusiastic about our recent technology embracement to the NFT game. We are planning a public sale of 8 billion Melons, which can be used to purchase Non-Fungible Tokens (NFTs) and in-game assets or other purposes. The sale will start on Bitmart and XT very soon. MuskMelon has timely upgraded its platform with special emphasis on its community. The highly capacitated version of the game will create a gigantic consumer engagement base, better interaction and will deliver higher returns".

The MuskMelon team is planning a complete rampage in the hype in these next few weeks. With MuskMelon currently traded heavily on 4 exchanges, XT, Bitmart, Bibox and Digifinex, MuskMelon will release its Automated burning protocol starting Monday, Aug 15th 2022 that will last only 8 days and burn 1 Billion tokens each day which means that 80% of the overall token economy will be gone and thus 100% of the tokens will be with Melonmaniacs giving them complete control on the token value.

About MuskMelon

MuskMelon is an anonymous person from the developer community and is only run by the community who is inspired and idolizes the personality and life of Musk Melon. No one holds ownership of this platform. We welcome all people and exchanges to support this project and together we make this as world's best fun token ever created! For more information, kindly visit the website https://muskmelon.org/

Contact:
Neal Mathews
hello@muskmelon.org

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

BitKeep Releases Its V 7.1.5

Arizona, Aug 18, 2022 – (ACN Newswire) – As the top decentralized multi-chain crypto wallet in Asia, BitKeep provides services to 6 million+ users around the world with Wallet, Swap, NFT Market, DApp, and Discover all integrated in a single app.

BitKeep, the top decentralized multi-chain digital wallet in Asia, integrates Wallet, Swap, NFT Market, DApp and Discover in a single location. With a user base of nearly six million across 168 countries and regions, BitKeep forged strategic partnerships with multiple top 30 mainnets (including Polygon, Solana, BSC, ETH, Heco, OKChain, TRON, Fantom, WAX, IOST, AVAX, zkSync), becoming their authorized wallet. With 75+ mainnets, 15,000+ DApps, 1,000,000+ NFTs and 250,000+ tokens supported, BitKeep is dedicated to creating the world's largest Web3.0 gateway.

Download the BitKeep Wallet here: http://bitkeep.onelink.me/rNYp/mt5w6hpu

In this V7.1.5 version, there are a new trading event in NFT Market, and a $1m Incentive section (also in the NFT market). The app now supports facial recognition payment and fingerprint payment. The team has also added Plug, Ethereum Classic and Lucky to its list of supported mainnets, and its InstantGas feature is made available to FTM and AVAX-C token swaps. BitKeep users will not only get more from BitKeep NFT Market, but also get more convenient services from this latest release.

NFT Market trading dividends
In this BitKeep NFT Market trading week, BitKeep will provide generous prizes, including share 50% of all TX fee proceeds from this event with the top 5 traders.
Launch BitKeep, tap NFT Market, and tap "Prize" to access the latest event.

BitKeep NFT Market $1m Incentives
BitKeep NFT Market $1m Incentive is a campaign jointly launched by BitKeep and our partner NFT projects to offer NFTs at their lowest prices.
Launch BitKeep app, tap NFT Market, and tap "1M Incentives" to enter the event page.

Facial recognition and fingerprint payment to make it faster for you to complete a transaction
With Facial recognition and fingerprint payment feature enabled, users don't need to input their passwords every time and they can get all transactions done faster and easier.

How to enable the feature:

1. Launch BitKeep, go to "Discover" and tap the setting icon in the upper right corner. Tap "Fingerprint payment" and verify your fingerprint.

2. When you're making a transaction and the app asks you to enter your password, a fingerprint icon is now shown on the pop-up pane. Tap the icon and choose "Yes".

3. Launch BitKeep, go to "Discover" and tap "Security and Privacy". Tap "Fingerprint payment" and verify your fingerprint.

A total of 75+ mainnets supported
BitKeep V7.1.5 supports more than 75 mainnets, including Plug, Ethereum Classic, and Lucky. Users are now able to participate in related projects and trade through BitKeep.
Just launch BitKeep and tap "Add a Mainnet" to add these newly supported mainnet.

The InstantGas feature now supports FTM and AVAX-C token swaps
With the world's first InstantGas feature, BitKeep users do not need to hold TRX, BNB, FTM, etc. in advance to make Swap transactions. In addition to Tron and BSC, FTM and AVAX-C are also supported in the latest version.

DApp Airdrop Section
BitKeep is the home to 15,000+ DApps now. With BitKeep DApp Browser, users can get tokens in all kinds of airdrop events for free. Launch BitKeep and select "DApp". Tap "Ongoing Airdrops" to enter the airdrop page, and choose one of the events to participate.

Website: https://bitkeep.io/

Source: Plato Data Intelligence: https://platodata.io

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

Paribus Announces New Development Updates

MIAMI, FL, Aug 17, 2022 – (ACN Newswire) – Paribus, a cross-chain borrowing and lending protocol for NFTs, announced today multiple development updates regarding their protocol and ecosystem.


The protocol built for Cardano, delivers alternative liquidity options for NFTs, synthetics and other digital Assets. The NFT module screens have been completed for CryptoPunks and the Bored Ape Yacht Club with more integrations scheduled to be released in the coming weeks.

Frontend

As well as a search bar integration, a user now has the ability to pull NFT metadata on demand. Aside from the NFT module work the company's devs have also completed the language switch, displaying the daily interest along with other live metadata including dynamic liquidation points for NFTs.

Backend

Backend development has continued to drive NFT module integration such as completing the data collection for the rarity status of the NFT collections the protocol supports including API integration with the frontend as well as data points related to valuation aspects such as the age of the selected NFT.

As well as completing the control panel documentation for the backend, a glitch was resolved related to timing issues that caused an error when the DApp was fetching metadata for CryptoPunks. Contracts were completed for CryptoPunks and the Bored Ape Yacht Club collections and they're now working on Doodles.

In addition, valuation micros services for the NFT module such as integrating with CryptoSlam is driving rapid deployment of the protocol's API3 integration which is quickly progressing through Q&A. The team has also confirmed the final approach to NFT liquidations and that's now being applied to the protocol's smart contracts.

Design

Updates includes additional built-in functionality into the UI / UX such as the search bar and NFT modules. Updates for the dark mode has been completed and the team is working towards a demo version of the DApp which should be ready to test in the coming weeks. Please register for early access: https://paribus.io/#

Paribus (PBX) is publicly traded on Kucoin, Gate and Uniswap.

About Paribus

Paribus, a cross-chain borrowing and lending protocol for NFTs, synthetics and exotic digital assets.

Medium: https://medium.com/@paribus_io
Source: Plato Data Intelligence https://platodata.io

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

Wissam Breidy Joins the Crypto Oasis in a Strategic Partnership to bring Blockchain and Web3 to the Mainstream Global Arab Community

DUBAI, UAE, Aug 15, 2022 – (ACN Newswire) – Lebanese media figure, communication advisor, and strategy-led business developer, Wissam Breidy, has entered into a strategic partnership with Crypto Oasis to empower the region with education and knowledge on blockchain and Web3, while increasing adoption and engagement. Breidy will use his credibility as a popular and accomplished celebrity to help publicize the inherent potential of these disruptive products.
Wissam Breidy


As an Arab cultural icon, Breidy is the new ambassador for blockchain and Web3 for Crypto Oasis, the fastest-growing blockchain ecosystem in the world. As one of the most entertaining Arab TV show hosts in the recent era, Wissam Breidy will bring relevance and relatability as Crypto Oasis looks to scale blockchain and Web3 adoption in the region.

With a proven track-record in corporate communication, multimedia offerings, global TV formats, local premium content, and interruptive CSR campaigns, Breidy works on accelerating the growth of businesses by creating brand equity. He is a visionary who is passionate about helping companies find their best possible place in the market regardless of the complexity.

Wissam's influence is far-reaching and this partnership with Crypto Oasis aligns with his belief in the disruptive and transformational power of blockchain. He is very passionate about decentralized technology and is committed to creating awareness within the Arab World. "The Future of the Internet has arrived. Web3, NFTs, and Metaverse are our tools for Universal State Layers with Open Gates. Embrace it –don't be late!," Breidy says.

"We are delighted to welcome Wissam Breidy on board as our new strategic partner," commented Ralf Glabischnig, founder of Crypto Oasis. "With Wissam's strong industry knowledge and outreach, we expect this partnership to help educate the wider Arab Community on Web3 and blockchain technology and tap into something that hasn't been explored before. We are also looking forward to working with him as an initiator for arte, and to build meaningful connections, educate and inform the market about the ever-growing and evolving ecosystem."

As a strategic advisor to Crypto Oasis, Wissam will promote the adoption of blockchain and ease out the complexities of the metaverse to make people more familiar with these seemingly tangled digital landscapes for the Arabic speaking population.

For arte, the Web3 Meta-Community by Crypto Oasis, Wissam will help bring together Web3 communities and individuals worldwide to create an environment that enables individuals in the art, NFT and Metaverse area to engage and interact continuously and effortlessly. arte is a global platform focused on creativity, community-building and entrepreneurship in the Web3 space. It aims to bring changemakers in art and technology to discuss the future of digital assets and the metaverse. arte intends to work on educating the wider public on blockchain technologies and Wissam will be a major contributor in the success of the initiative.

Crypto Oasis' is a comprehensive ecosystem that is championing mainstream adoption through education, collaboration and news. It has the platform that new entrants in the crypto market need to learn more about decentralized technologies, broadcast their creativity, and keenly pursue various digital asset opportunities. This exciting partnership is in line with Crypto Oasis' Vision of growing the ecosystem and maintaining its position as the fastest-growing blockchain ecosystem in the world.

About arte

arte by Crypto Oasis brings together Web3 communities and individuals worldwide to create an environment that enables individuals in the art and technology worlds to engage and interact effortlessly. It is a community hub for all things related to Web3, NFT and Metaverse and offers a foundation and platform for local and international communities and individuals to come together to collaborate, create and connect. https://arte.community

About Crypto Oasis

The Crypto Oasis is a Middle East-focused blockchain ecosystem supported by initiators of the Crypto Valley Switzerland. The core elements needed for its development are Talent, Capital, and Infrastructure. The Ecosystems stakeholders include Investors & Collectors, Start-Ups & Projects, Corporates, Education & Research Institutions, Service Providers and Government Entities & Associations. Crypto Oasis' vision is to be one of the leading blockchain ecosystems in the world. Today it is the fastest growing, with more than 1,100 organizations in the UAE alone. The forecast is to identify over 1,500 established organizations across the region by the end of 2022. www.cryptooasis.ae

For more information contact:
Faisal Zaidi
Crypto Oasis
faisal@cryptooasis.ae
+971552000840

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

Paribus: DeFi Protocol for Exotic Digital Assets

Virginia, USA, Aug 9, 2022 – (ACN Newswire) – DeFi protocol Paribus announces the launch of their testnet MVP, the beginning of a new approach to DeFi. Secure, trustless, and truly decentralized, Paribus users will be able to borrow against previously illiquid digital assets such as NFTs.


Put simply, Paribus is a cross-chain, DeFi borrowing and lending protocol. With the unique selling point of allowing exotic assets like NFTs, LP tokens, virtual lands and synthetics to be used as collateral for loans. The platform will also utilize standard crypto assets. Being cross-chain, Paribus will be on multiple chains but is building for the Cardano ecosystem, and will access their blockchain via side-chains.

Paribus focuses on evolving with new digital asset classes, and has recently launched the testnet MVP of their platform. Their testnet MVP will feature traditional borrowing and lending with standard crypto assets for members who participate in Paribus' staking program.

Paribus currently offers staking in their gold staking pool. The gold pool, Aurum, allows users to stake from 1,000,000 to 6,000,000 PBX for 365 days (less than 5 months remaining) for a minimum of 30% APY reward level. Since the APY is dynamic, rewards can increase, and is currently at 31%.

There is a growing need for both interoperability and the ability to borrow against exotic assets like NFTs in DeFi. The NFT space is growing, institutional investors are becoming more interested in the potential of cryptocurrency, and the industry grows leaps and bounds every day. Paribus plans to be the platform for DeFi lending, leveraging their tech and security to bring users a well-rounded experience. Their full MVP launch will include APY boosts, and attractive rates and returns for users.

This is just the beginning of the Paribus roadmap. With a team that believes in steady growth, strong fundamentals, and providing a new level of security for users, Paribus will bring much-needed legitimacy to DeFi borrowing and lending.

Paribus' token (PBX) is currently trading on KuCoin, Gateio, Uniswap, Orion Protocol and ZT Exchange.

Learn more about Paribus: https://paribus.io

Source: Plato Data Intelligence: https://platodata.io

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

Fraktiq Debuts its Flagship Project “Baoyue Vase NFT” *

HONG KONG, Aug 3, 2022 – (ACN Newswire) – Fraktiq, the world's first blockchain platform for fractionalized historical artifacts, is pleased to announce the debut of its flagship project and the offering details of the "Baoyue Vase NFT". To raise public awareness and appreciation of the artifact's cultural value, a VIP appreciation session of the "Blue and White Phoenix Vase" ("Baoyue Vase") was held on 26 and 27 July 2022 at Wanchai. Celebrities, professional investors and media representatives were invited to get a first glimpse of the true colors of the artifact made during the Yongle period of the Ming Dynasty, which is part of Fraktiq's effort in promoting the appreciation of the historical artworks, as well as the story and cultural heritage behind the masterpiece.

Fraktiq is co-founded by experts from art, finance and blockchain technology, dedicated to decentralize the art treasure market for collector's treasures items by using Non-Fungible Token ("NFT") technology, at the same time encouraging more digital collectors to manage and co-own the art piece together in the form of a Decentralized Autonomous Organization ("DAO") membership, so as to promote the historical backstories of the art treasures to the public while preserving Chinese culture.

"Hong Kong is the art hub of Asia, offering comprehensive valuation, auction, custodian and legal services, with an increasing number of individuals and professional investors participating in the field of historical and digital art, all these factors make Fraktiq the ideal ground to fulfill its mission.", said Louis Li, Co-founder of Fraktiq.

Fraktiq's first flagship project, "Baoyue Vase NFT", uses financial technology to lower the entry barrier of historical treasures collection. The "Baoyue Vase NFT" project offers the management rights of the Baoyue Vase in the form of 10,000 NFTs to the market. In which, 40% (4,000 pieces) of the NFTs will be available for professional investors from now until 18 August. During the public offering phase, starting from 19 August, 60% (6,000 pieces) of the NFTs will be available for the general public. Each NFT is priced at 1,050 USDC.

Randy, Co-founder of Fraktiq, said, "With reference to the auction price of a similar artifact of the Blue and White Phoenix Vase, that was sold at Sotheby's for over HK$100 million, the Baoyue Vase in this project is verified and valued at approximately HK$80 million by auction house. The Baoyue Vase NFT project is incorporated in the Marshall Islands as a DAO LLC, which provides legal protection to the project. In the future, we will register every artifact launched on the Fraktiq platform as a DAO LLC in the Marshall Islands to encourage participants to jointly manage and promote the cultural value of historical treasures."

To promote public awareness, the project team held a private appreciation session of the "Baoyue Vase" at Wanchai on 26 and 27 July, inviting celebrities and media representatives to have a first look at this historical masterpiece, which was made during the Yongle period of the Ming Dynasty. Mr. Louis Li said, "We believe that it is important to encourage more people to witness the unique charisma of the artifact in order to promote Chinese culture and art appreciation. Therefore, we shall arrange exhibitions in museums around the world. We are also donating 10% of the proceeds from the sale of the 'Baoyue Vase NFT' to charity, to support the promotion of historical art appreciation to the public and enable our next generation to better understand the splendor of history and culture."

*This information is intended for general purposes only and does not constitute any offer, solicitation or recommendation for any product

About Fraktiq
The world's first blockchain platform for fractionalized historical artifacts, Fraktiq provides a legally recognized and trusted way for the public to collectively own artifacts through blockchain technology. In doing so, it achieves two main missions:

Preserving precious artifacts for future generations

Artistic masterpieces record the history of humankind and highlight years of artistic achievement. They deserve to be cherished and protected.

Limited artifacts to meet infinite demand

The number of artworks with rich historical value is very limited. With the passage of time, they are prone to natural aging and thus, becoming increasingly rare. With blockchain technology, Fraktiq hopes to make rare artworks that exude artistic charisma and history last forever.

For more details, please refer to: https://fraktiq.art


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

Relive Your Memories in The Metaverse

Colorado, USA, Jul 22, 2022 – (ACN Newswire) – By now I'm sure everyone has heard of the fantasy of time travel but what if I could tell you that we can make that fantasy a reality in Virtual Reality that is?



Introducing Reflect

An invention created by Milan Cheeks, Alan Charity, and SELF Labs Inc, Reflect Is a Simulation game based on the principles of memory. You can relive your memories in the Metaverse by minting it as an NFT. By owning a Reflect Mint Pass you can get your memory created into an interactive world populated with AI Reflection Avatars to interact with and high-resolution gameplay powered by Unity & Unreal Engine 5.

How Does It Work?

There are 4 tiers of Mint Passes available that allow you to mint memories in different eras which are, Common, Rare, Ultra-Rare, and the Legendary tier. The Common Tier allows you to mint a memory up to 10 years in the past. This could be a recent memory you had up to 2010. The Rare Tier allows you to mint a memory up to 20 years in the past. Which can be a memory from now to 2000. The Ultra-Rare Tier allows you to mint up to 30 years in the past, which can be a memory up to 1990. Finally, we have the Legendary Tier which allows you to mint a memory in any era.

Each memory can be minted by following our three-step process. First step, choose which Tier Pass you would like to mint. Step two, upload a picture of your memory and a detailed description of what happened in your photo. Step Three, after you mint your NFT stake it and have your world created by Mirror Image Studios a SELF Labs Organization.

How is the Gameplay?

Each memory will be fully immersive with high end graphics to depict your memory in a real-world setting. AI Reflection Avatars will enhance the experience by allowing you to interact with each person in your memory. Each Avatar has the ability to speak in the voices of people in your memory and you can choose to continue to live and have others join the simulation with these avatars as Smart NPCs (Non-Playing Characters). For example, you mint a memory of your 10-year-old birthday party, you can relive this memory and create everyone that was in attendance as avatars. You will be to talk and fully interact with these avatars, but you can continue to live with these avatars and have your decisions depict what happens next. By continuing the memory, the avatars will adapt, and each memory will become a civilization of these "Living" Smart NPCs. Sound like a Black Mirror Episode yet? If not, just wait until the next part.

A life With No Regrets

Have you ever thought about a memory and thought about how you could have done something differently? Well with the Reflect Game you no longer need to contemplate other outcomes. We added a function in the game called Quantum Jumping which allows you to go back into a memory and make a different decision than what you've made in the past. For example, using the same 10-year-old birthday example, you can choose not to go to the party and see what would have happened if you didn't go. Did we blow your mind yet?

Show Off Your Memory Or Trade It

Once you receive your mint pass you can sell it or buy others on the open market like Opensea at any time. You can sell it before your world is created or even after the simulation begins. The Reflect Game will be an open world concept like Decentraland or Sandbox but instead of plots, there will be a conjunction of different memories. This allows anyone to join your memory and relive the past with you.

Historic Memories

Historic memories are a big part of the Reflect Game and exclusive to Legendary Tier Mint Pass holders. Each holder will have the ability to collaborate with institutions like Museums to recreate an historical memory like Martin Luther Kings "I Have A Dream" speech or even further to living with George Washington.

How can you get started?

Reflect is an exclusive game on the Mirror Image One Console. You can get the Reflect Game by minting a Mint Pass NFT on the official website.

www.reflectgame.xyz.
www.mirrorimageone.com

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

Esports Metaverse Leader ESTN Launches Vault Box NFTs

SAINT PETERSBURG, FL , Jul 21, 2022 – (ACN Newswire) – ESTN (https://estn.io) today announced the launch of the long-awaited "vault box" NFT's to their 50K+ strong community, with the minting event going live on Friday, July 20th. ESTN (Electronic Sports Tournament Network) is a global, blockchain-powered metaverse esports arena owned via NFT 'Seat Licenses'.


"We're very excited to be launching the vault box minting for our community. This is the first major release and within the coming weeks we will be launching the actual "seat NFT's" which give holders licensing rights in the actual metaverse arena," Mr. Raff concluded.

The ESTN platform allows gamers and organizers to host their own online tournaments and the ability to earn a share of fiat winnings, prize pools and arena earnings and NFT distributions via the ESTN Vault. Esports tournament competitor pairings will be based upon the ESTN-derived Universal Player Ranking engine (UPR score) to assure like-skilled athlete match play.

The Universal Player Ranking (UPR) is designed to become the global standard in competitive gamer skills ranking. The ESTN platform tracks player performance across any platform-supported game, enabling ESTN to rate player performance across multiple games, thus standardizing ranking methodologies across the entire esports landscape. UPR is grounded in blockchain technology to guarantee fair and immutable record keeping of real-time player performance assessments. Each player's UPR will update on the blockchain, ensuring transparency and accountability.

ESTN encourages Esport gamers, agents, tournament organizers, game developers, investors, and interested NFT enthusiasts to claim their own ESTN NFT "vault box" and get first access to the ESTN tournament platform, now in live beta: https://get.estn.io/mint

Source: Plato Data Intelligence: platodata.io

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

Ankit Sahni, Leading IP and Technology Attorney, Joins NexBloc’s Advisory Board

NEW YORK, Jul 20, 2022 – (ACN Newswire) – NexBloc today announced that Ankit Sahni (www.linkedin.com/in/ankitsahni/), leading Indian intellectual property counsel will join NexBloc's Advisory Board as a Strategic Advisor.
Ankit Sahni



Aditya Walia (www.linkedin.com/in/aditya-walia-23aab8a2/), Co- Founder of NexBloc, stated that, "Ankit is highly respected in Indian and international business circles for his contribution to IP and technology laws. We are honored to have him on our Board of Advisors as we look to make the new internet a safe and user-friendly area that builds upon the advances of Web 2.0.

NexBloc is developing infrastructure for the decentralized web with their domain naming system (dDNS) to make Web 3.0 a usable ecosystem of connected websites and applications. They use an omnichain approach by creating root domains on core blockchains and then interconnecting any blockchain for use of a consistent naming path.

With NexBloc's strong development and investor relations group in India, Mr. Sahni will help drive Private Label partnerships as NexBloc expands its offering for specific regions."

About NexBloC

NexBloc is building the next generation of the internet with decentralized DNS at the core. Digital entities tied to the decentralized web are the future of personal data protection and use.

Founded as a USA company in 2020, NexBloc uses technology stacks to create custom deployments of dDNS systems. NexBloc has a deep history of development in India and continue to expand in the region. They currently have over ten private decentralized top-level domains (dTLD) in various forms of deployment.

Domain Website: https://domain.nexbloc.com/
Website: https://www.nexbloc.com/
LinkedIn: https://www.linkedin.com/company/80164369
Medium: https://medium.com/nexbloc
Twitter: https://twitter.com/nexbloc
Telegram: https://t.me/nexbloc

If you think a custom, decentralized top-level domain would benefit your enterprise, please visit this page: NexBloc Top-Level Domain Request Form (bit.ly/3ojbmAR)

Press or Partner inquiries please send to pr@nexbloc.com

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

Capital Markets Veteran and Fintech Pioneer Kelley Millet Formally Joins Prontoblock as CFO and Member of the Board

NEW YORK, Jul 15, 2022 – (ACN Newswire) – Prontoblock, today announced the appointment of Kelley Millet as the company's Chief Financial Officer and Board Member, effective July 15, 2022. Mr. Millet brings more than 20 years' experience in driving growth, and has a proven track record building and scaling high performance teams. He has served – as Managing Director and Global Head of Debt Capital Markets with JPMorgan, President and Member of the Board of Directors of Market Axess, and President of Millennium Advisors.

Mr. Millet's extensive experience in capital markets and the fintech sector will accelerate Prontoblock's traction as a bridge to DeFi serving banks and other financial institutions across the tokenization of fixed income assets, commodities and collateral. He was a leader in the first wave of innovation in the electronic trading of fixed income instruments, taking them from telephone to electronic and straight through processing. With the current repricing and disruption in the equity, fixed income and cryptocurrency markets, Mr. Millet sees an even larger opportunity in migrating these markets – especially the $52 trillion fixed income market – to a Web3 infrastructure.

Mr. Millet's experience will ensure that Prontoblock solutions accurately address, digitize and make more efficient existing trading activity in fixed income markets. Prontoblock solutions effectively address the inefficiencies that persist when issuing and trading those securities.

Prontoblock's vision is to serve both the institutional and retail sectors participating in financial markets. In addition to his experience overseeing internal financial functions, Mr. Millet brings experience across both the executive and board levels to the role.

Currently, enabled by Web3 infrastructure, the fixed income assets tokenized by Prontoblock's platform facilitate greater market access by means of increased efficiency via the blockchain and fractionalized ownership – in the process increasing liquidity and decreasing the cost of capital. The ticket size of such transactions and the associated costs in brokering them make them unavailable to many potential investors. If tokenized as digital assets, either as utility tokens or NFTs, the fixed income market could be opened up to many more investors, and in the process deepening liquidity.

About Prontoblock

Prontoblock provides innovative solutions to financial intermediaries, and ultimately everyday people. Our products open up both traditional and digital asset markets and streamline investment instrument operations using DeFi protocols. The Prontoblock platform tokenizes, hosts and maintains securities issued by clients. It powers a smart-contract solution that fully automates due diligence, establishes reliable records of current stakeholders and compliance, and significantly improves efficiency by reducing administrative friction.

Media Contact:
Alex Gault
alex@prontoblock.com
415-830-6739

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