Polygon Hermez: The First Full-Blown Merger of Two Blockchain Networks
Press Release

Polygon Hermez: The First Full-Blown Merger of Two Blockchain Networks

Post Views: 6 BANGALORE, INDIA / ACCESSWIRE / August 14, 2021 / Ethereum scaling project Polygon (formerly Matic Network) has acquired Hermez Network – a ZK-Rollups-based Ethereum scaling solution – for $250 million. The two projects are also merging their native tokens – MATIC and HEZ – in the first-ever such deal in the crypto space. Polygon is proud to announce that Hermez, one of the most prominent zero knowledge (ZK) cryptography based scaling projects and teams, will be joining Polygon. Starting today, the process of merging Hermez into the Polygon ecosystem will be initiated, where it will be operating under the new name: Polygon Hermez. Polygon Hermez will become a part of the growing Polygon suite that already ...
CoinSwap Space Announces $25k Airdrop to Celebrate CoinMarketCap Listing
Press Release

CoinSwap Space Announces $25k Airdrop to Celebrate CoinMarketCap Listing

Post Views: 7 The new listing will allow users to keep track of CoinSwap’s native CSS token directly on CMC TALLINN, ESTONIA / ACCESSWIRE / August 14, 2021 / CoinSwap Space, the decentralized exchange on the Binance Smart Chain, have announced that their native utility token, CSS is now listed on CoinMarketCap. This new listing represents another step forward for CoinSwap which has spent the last few months since its launch in April adding new pairs and features for its users. The listing will be followed up by an AirDrop event hosted by coinmarketcap that will promote a CoinSwap Space Airdrop for $25,000 worth of CSS. CoinSwap Space is a comprehensive suite of DeFi features that aims to give its users a simple way to a...
DeHorizon Foundation is to Initiate DeVerse, Blockchain-based MMO/RPG Metaverse, Making “Play for Fun and to Earn” into Reality!
Cryptocurrency

DeHorizon Foundation is to Initiate DeVerse, Blockchain-based MMO/RPG Metaverse, Making “Play for Fun and to Earn” into Reality!

Post Views: 13 DeHorizon Foundation is to initiate DeVerse which is a blockchain-based MMO/RPG Metaverse game built on Binacne Smart Chain. The long-term vision of DeHorizon Foundation is to create a Metaverse world that is open, free, and dominated by players. The appearance of GameFi does make great influence on the traditional gaming and blockchain industry as play-to-earn temporarily becomes a global trend. DeHorizon Foundation thinks it is a breakthrough for the traditional gaming industry as well as an opportunity for the blockchain industry to embrace new traffic. However, a common phenomenon in GameFi is that most blockchain games ignore the importance of playability. DeHorizon Foundation firmly believes that b...
Rario Debuts on Polygon With Officially Licensed Cricket NFTs
Press Release

Rario Debuts on Polygon With Officially Licensed Cricket NFTs

Post Views: 13 NEW DELHI, INDIA / ACCESSWIRE / August 13, 2021 / Cricket-based digital collectibles platform Rario today announced its integration with Polygon and its brand new wing Polygon Studios, leveraging the team’s extensive NFT expertise to help cultivate fan engagement and capture the interest of some 2.5 billion cricket fans around the world. Rario’s integration of Polygon coincides with Polygon’s launch of Polygon Studios, a new NFT-centric gaming and metaverse hub designed to facilitate web 3.0 gaming, backed by a $100m fund to accelerate mainstream adoption of NFT projects. Polygon Studios already works with the majority of today’s top blockchain-based Web 3.0 games and NFT projects, including Decentraland...
Hop supports instant $MATIC withdrawals
Press Release

Hop supports instant $MATIC withdrawals

Bangalore, August 10, 2021 – Hop now supports instant $MATIC withdrawals from Polygon to Ethereum and other supported scaling solutions. While the native Polygon bridge has seen considerable improvements over the last couple of months, cutting withdrawal times down from an average of 3 hours to merely 1 hour, one asset has been largely unaffected by these upgrades: $MATIC. Today, there are primarily two bridges to move assets between Ethereum and Polygon. The first one is the Proof of Stake (PoS) bridge and the second one is the so-called Plasma bridge. If you have ever deposited or withdrawn a token such as USDC or ETH to or from Polygon, odds are that you have used the PoS bridge. The Plasma bridge on the other hand is used for $MATIC withdrawals. It prov...
Concordium and Swvl Announce Partnership For Blockchain-Based Mass Transit Systems
PR Wire

Concordium and Swvl Announce Partnership For Blockchain-Based Mass Transit Systems

Zug, Switzerland, 11th August, 2021, Concordium , a leading blockchain technologies company, and Swvl, Inc. (“Swvl”), a Dubai-based provider of mass transit and shared mobility solutions, today announced a strategic partnership to, for the first time, use blockchain technologies to develop transformative next generation mass transit systems. Swvl is a global tech start-up based in Dubai, with an implied, fully diluted equity value of approximately $1.5 billion, providing a semi-private alternative to public transportation for individuals who cannot afford or access private options. On July 28, 2021, Swvl announced entry into a definitive agreement for a business combination with Queen’s Gambit Growth Capital (“Queen’s Gambit”) (NASDAQ: GMBT), the first special purpose ...
BENQI and Avalanche Launch $3M Liquidity Mining Initiative to Accelerate DeFi Growth
PR Wire

BENQI and Avalanche Launch $3M Liquidity Mining Initiative to Accelerate DeFi Growth

New York, United States, 10th August, 2021, BENQI, an algorithmic liquidity market protocol, and the Avalanche Foundation are collaborating on a joint liquidity mining program to celebrate the launch of the BENQI protocol on the 19th of August and the next phase of growth within Avalanche’s DeFi ecosystem. $3M of AVAX will be allocated as liquidity incentives for BENQI users, with additional incentive programs coming soon. The AVAX will be offered as rewards to users who are lending and borrowing AVAX, ETH, LINK, wBTC, USDT, and DAI on the protocol with BENQI.  AVAX is the native token of Avalanche. It’s a hard-capped, scarce asset that is used to pay for fees, secure the platform through staking, and provide a basic unit of account between the multiple subnets created...
Mudra Launches Next-Gen BSC Token Generator Platform to Create BEP20 Tokens
Crypto

Mudra Launches Next-Gen BSC Token Generator Platform to Create BEP20 Tokens

The new platform enables users to create and launch cryptocurrency tokens with advanced tokenomics                                                                                                                       Mudra, the asset manager for Binance Smart Chain (BSC), has released a new no-code BEP20 Token Generator that enables users to create BEP20 tokens instantly and without the need for coding knowledge. Mudra Token Creator ushers in a new generation of BEP20 token generators. It is the first modular token generation platform in the world, marking a significant departure from the current generation of fixed templates. “Token developers no longer have to be frustrated by a plethora of pre-canned templates that are clones of other tokens but fail to...
MoonRat introduces the latest innovation – Proof of Trade in EarnBUSD
Crypto

MoonRat introduces the latest innovation – Proof of Trade in EarnBUSD

MoonRat, the inventor The MoonRat Team is the innovator and the first to bring the Earn by holding and the anti-whale mechanisms to holders on the Binance Smart Chain network.  The success of MoonRat inspired dozens of projects to duplicate MoonRat’s code which has made the Earn by holding feature trending. The MoonRat team introduces MoonRatX and the Proof of Trade to accelerate innovation further. MoonRatX is the name of the MoonRat Ecosystem and its super DeFi Dapp. Earning by trading & holding enriches your investing habits Let’s see how MoonRatX simplifies DeFi. We noticed that the current DeFi projects are difficult for most new blockchain investors. We remove all complex terms and jargon like yield farming, LP tokens, and impermanent loss.  There...
Blockcities announces partnership with Simply Natural Farms, in a bid to transform the future of agriculture
Press Release

Blockcities announces partnership with Simply Natural Farms, in a bid to transform the future of agriculture

August 04, 2021, Salt Lake City, UT – Blockcities has agreed a partnership with leading organic agricultural enterprise Simply Natural Farms. The partnership seeks to harness Blockcities’ asset tokenization technology in order for investors to buy into the future growth of sustainable farming. This partnership is the first in a series of future deals, which will help make investing in sustainable ventures simple and transparent – allowing a global audience to help these ventures grow, while seeing return on their investments. Overview Blockcities has built a marketplace for sustainable assets, where users will access both housing, energy and agriculture solutions available on demand. To make this possible, Blockcities has partnered the world’s leading susta...