cryptotoken
Devolved AI, a pioneering company at the intersection of blockchain and artificial intelligence (AI), has successfully listed its native AGC token on the MEXC exchange as of August 5, 2024. This key milestone follows the recent launch of Devolved AI’s Layer 1 mainnet on Argochain on July 1, 2024. Together, these developments mark significant progress in the company’s mission to advance decentralized AI technologies. AGC token listing boosts visibility and credibilityThe listing of AGC on MEXC is a crucial step for Devolved AI, providing increased visibility and enhancing the credibility of the...
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The Nigerian Securities and Exchange Commission plans to introduce a licensing framework for cryptocurrency exchanges in the nation. According to Emomotimi Agama, the director general of the Nigerian SEC, the cryptocurrency sector in the nation has witnessed a surge in demand for cryptocurrencies as young Nigerians increasingly prefer this emerging asset class. How popular are cryptocurrencies in Nigeria?In an interview with Bloomberg, the SEC director called himself a “crypto enthusiast”, adding: We must support the youths of this country to be able to achieve the benefit that is accruable in...
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Bifrost, the leading liquid staking protocol on Polkadot and Kusama, has unveiled a significant upgrade to its tokenomics model as part of the Bifrost 2.0 initiative. This upgrade introduces a revenue-sharing model aimed at attracting long-term investors and enhancing the economic stability of the Bifrost ecosystem. The new model will allow holders of Bifrost’s native token, BNC, to gain exposure to the protocol’s sustainable earnings and revenue. Key features of the new tokenomics modelThe cornerstone of the Bifrost 2.0 upgrade is the introduction of bbBNC (Buy Back BNC), a revised version of...
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ZAP, a reputation-based token distribution protocol, announced a successful raise of $15 million in a funding round led by Rarestone Capital, Cypher Capital, and Sharding Capital. The funding round also saw participation from Auros Global, Presto Labs, and notable angel investors such as Larry Cermak, Chelsea Jiang, and Luca Netz, alongside key figures from LayerZero. This investment marks a significant step for ZAP as it continues to innovate in the blockchain space. Aiming for fair and meritocratic token distributionZAP is designed to validate user contributions to ensure fair and meritocrat...
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Every new season in crypto brings fresh tokens, fresh metas, fresh ecosystems, and fresh opportunities. While trends change and verticals rise and fall, the quest for new opportunities remains undiminished. For astute traders, searching for undiscovered gems and undervalued tokens, it’s wise to cast a wide net to maximize the chances of uncovering a winner. The three tokens profiled here share little in common save for the amount of interest they’re currently garnering. Interest that is likely to convert into price appreciation this season. While there are no guarantees in crypto, the followin...
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NatureRex has announced the launch of $REXN, an eco-oriented cryptocurrency that merges financial innovation with environmental responsibility. This new digital currency aims to actively contribute to ecological sustainability by dedicating a portion of every transaction fee to funding environmental projects. Financial innovation meets ecological responsibilityNatureRex distinguishes itself in the cryptocurrency market by ensuring that each transaction made with $REXN directly supports environmental initiatives. This eco-centric approach underscores the company’s commitment to sustainability. ...
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Qubic, an emerging player in the AI blockchain sector, has announced its token listing on the MEXC exchange, part of its ambitious 2024 roadmap. The listing process begins with deposits opening on July 16, 2024, at 12:00 UTC, followed by trading on July 17, 2024, at 14:00 UTC, and withdrawals starting on July 18, 2024. This milestone is pivotal for Qubic as it aims to broaden access and visibility on a global scale, supporting its mission to democratize artificial intelligence. Roadmap highlights include SDKs, developer support, and financial backingQubic’s 2024 roadmap is comprehensive, focus...
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Ingersoll Lockwood, a project that pays homage to Q, 17, Digital Soldiers, and everyone seeking to “Make America Great Again,” is introducing its native token, $INGER. With token pre-sale ongoing and scheduled to end on Thursday, July 11, 2024, at 1 PM (UTC), it is an opportunity to join a thrilling adventure through the “Great Awakening” that’s unlike what is prevalent in crypto. The Ingersoll Lockwood team plans to launch an NFT collection with hidden links going down the rabbit hole. Ingersoll Lockwood aims to educate the general populace as well as empower researchers in their unwavering q...
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INX, a regulated marketplace for trading security tokens and tokenized real-world assets, and Backed, a leader in real-world asset tokenization, have announced the listing of tokenized NVIDIA stock on the INX platform for eligible non-US users. This partnership marks a significant advancement in the integration of traditional financial assets with the digital asset space. Tokenization of NVIDIA stockThe launch of bNVDA, a tokenized security backed one-to-one by NVIDIA Corp (NVDA) stock, represents a pivotal step in the tokenization of real-world assets. Issued on the Ethereum network, bNVDA ut...
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Circle, the company behind USD Coin (USDC), has achieved a significant milestone by becoming the first global stablecoin issuer to comply with the European Union’s Markets in Crypto-Assets (MiCA) regulatory framework. On Monday, the company announced it has been granted an electronic money institution (EMI) license by France’s banking regulator, the Autorité de Contrôle Prudentiel et de Résolution (ACPR). This license enables Circle to issue its USDC and Euro Coin (EURC) tokens in compliance with MiCA’s stringent stablecoin regulatory obligations, making Circle the first firm to reach this lev...
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