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Redefining Possibilities in RWAs: BG Trade Gears Up for 2 Exchange Listings and IDO Debut
PRESS RELEASE. In the ever-evolving landscape of finance and investments, BG Trade has emerged as a trailblazing platform that reshapes real-world assets (RWA) issuance and trading. The company’s innovative approach introduces a groundbreaking concept known as the “Meta-Asset Bridge,” a revolutionary gateway that unifies an array of assets, including stocks, bonds, commodities, and cryptocurrencies. This integration offers investors a seamless and dynamic pathway for multi-dimensional asset investments.
The centerpiece of BG Trade’s ecosystem is its platform token, BGT, which is set to achieve a significant milestone. BGT is poised for listing on two prominent exchanges, Gate IO and MEXC, scheduled for August 16th. This strategic move not only enhances the token’s accessibility but also underscores the platform’s growing prominence in the market.
In addition to the exchange listings, BG Trade is gearing up for another milestone – the launch of its Initial DEX Offering (IDO) on Sunday, August 13th. This eagerly anticipated event marks an exciting opportunity for the community to be part of BG Trade’s journey and contribute to its vision of reshaping the RWA landscape.
Unveiling the Features and Services Enhancing RWA Trading
BG Trade’s dedication to innovation extends beyond its token listings and IDO debut. The platform offers a comprehensive suite of features and services meticulously designed to enhance the RWA trading experience. These include:
Launchpad: A strategic launching platform for new projects, providing a spotlight for innovative ideas and ventures within the RWA space.
Asset Swap: Seamlessly exchange one asset for another, enhancing liquidity and flexibility for investors seeking diverse asset exposure.
OTC Trading: Facilitates large-scale asset trading outside traditional exchanges, enabling smooth execution for substantial transactions.
Staking: Empowers token holders to earn rewards by participating in the platform’s staking mechanism, fostering community engagement.
ZkDID Identity System: Ensures privacy and security by implementing Zero-Knowledge Decentralized Identifiers for participants in the ecosystem.
Ve-Governance: Empowers the community to actively participate in decision-making processes through a robust and inclusive governance model.
A Glimpse Into the Future
Looking ahead, BG Trade has an ambitious roadmap that outlines its commitment to further innovation and expansion. The upcoming launch of the zkDID identity system promises enhanced security and user-centric solutions. The DAO community’s exploration of the ve-governance model demonstrates BG Trade’s dedication to fostering a democratic and transparent ecosystem.
The future also holds exciting prospects for BG Trade, including developing digital bonds, indices, commodities, and ETF business models. As the platform’s BGT Dapp begins to go live, users can expect enhanced accessibility and functionality, solidifying BG Trade’s position as a leader in the RWA landscape.
Join the BG Trade Revolution
Over the recent months, the BGTrade community has experienced remarkable expansion. The count of BGT holders now exceeds 19,000, with the combined OTC trading volume within the community surpassing million. Additionally, the total BGT staked has reached a milestone of over 54 million. These impressive accomplishments showcase the community’s substantial role in shaping BG Trade’s RWA track and driving its development.
BG Trade’s journey is marked by innovation, community engagement, and a relentless pursuit of redefining possibilities in the world of real-world assets. With the imminent exchange listings, the upcoming IDO, and a visionary roadmap, BG Trade invites investors, enthusiasts, and stakeholders to be part of a transformative movement reshaping finance’s future.
For more information and updates, please visit:
Website: https://www.bgtrade.io
Medium: https://medium.com/@BG_Trade
Twitter: https://twitter.com/BGTrade_
Discord: https://discord.gg/bgtrade
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
Inheritance Art Is Redefining NFTs With a New Generation of Masterpieces
Inheritance Art is a platform that specializes in hyper-realistic, holographic art. Its foray into the NFT space was born out of the need for there to be more intricate and compelling art in the space. Presently, the artworks that dominate this space are modern art from artists who are all trying to recreate the current trend, thereby leading to the creation of similar and indifferentiable art.
Other forms of art like fine art rarely make it to the forefront in a space like this. The NFT market is new and exciting and has no doubt grown a lot since its inception, but it still has a lot of growing to do in this aspect. This is why Inheritance Art is purposefully creating the space for it. It is bringing sophistication and grace to NFTs, providing investors with a unique experience from what they’re used to.
Bringing Timeless Masterpieces To The Blockchain
There are pieces of artwork that are so valuable that the current holders would never consider selling them. These artworks are either sitting in the home of some billionaire or a museum. Take the Mona Lisa by Leonardo da Vinci as an example. This incredible piece of artwork would never really be sold by its current holder, which is the Louvre in France. But what if you could own a lifelike digital version of the Mona Lisa?
Inheritance Art is using cutting-edge technology coupled with some of the most talented digital artists, to bring these timeless pieces to life in what would be the new generation of masterpieces. Digital versions of these works will be commissioned by their current holders and then created by talented animators and artists specializing in hyperrealistic graphics to create a lifelike digital version of the piece.
These digital versions would be essentially holograms that can be viewed using spatial reality displays and sold as NFTs. The two-dimensional intelligent NFTs created by Inheritance Art would be integrated with robust databases and capable of natural language processing. Thus, people are able to communicate with these pieces. This is miles ahead of any interactive digital assets in the space.
The Mind Behind Inheritance Art
Vincent Peters is the Chief Designer for Inheritance Art and is the brains behind the platform. The graduate of West Point had studied systems engineering and holds graduate certifications from MIT Sloan and Oxford. Vincent had previously worked for Elon Musk’s SpaceX and Starlink companies and is also the Chief Design at the Rex Mundi sports analytics platform.
Vincent’s background in the art industry runs deep as he has established multiple private galleries in Los Angeles where he has showcased the future where Inheritance brings memories to life. However, he had made the move into the NFTs after various calls for better artistic representations in the space, and Inheritance Art was the result.
Vincent is working to bring fine art to the NFT space by recreating digital holographic representations of fine art masterpieces. These intricate and lifelike pieces are marketed towards those who want to experience rare fine artworks but are unable to access them.
Inheritance Art was created with a vision for the future of NFTs and fine art, and using cutting-edge technology to revolutionize space. It is a glimpse into the future of art and how people will experience them.
Hololoot Is Redefining The Metaverse Using Augmented Reality
The metaverse is a blossoming industry and as with any growing body, it needs nourishment. This nourishment has come in the form of new technologies being introduced to the space, integrating novel technologies with AR/VR to deliver an immersive experience for metaverse users.
Granted, a lot of these projects will most likely not survive the next few years as the industry evolves. Nevertheless, some projects have shown the markings of promising futures and one of those is Hololoot.
Hololoot Cloud has torn down the barriers to entry for users in the metaverse space by providing a product that everyone can use no matter their skill or expertise level. For Hololoot, the metaverse isn’t just games and virtual lands but innovation at every level. Hololoot combines the innovation of the blockchain space with AR (Augmented Reality) to deliver one of the most sought-after solutions in the space.
Augmenting The Metaverse
As innovative as the metaverse has been, growing from a barely noticed industry to one worth billions of dollars, creators and developers in the space have mostly limited themselves to specific niches. None have explored much beyond Play-to-Earn (P2E) games and the clamor to own real estate in virtual reality spaces. As such, Hololoot has taken on the mission to create new spheres of the metaverse.
One way that Hololoot is doing this is through AR. Instead of going the route of VR (Virtual Reality) as so many others have done, Hololoot is using AR to integrate into the blockchain metaverse. This completely eliminates the limitations and bottlenecks of VR like the prohibitively expensive VR glasses and headgear required to get an immersive experience.
Integrating NFTs And AR
One of Hololoot’s key selling points is the ability to create AR assets and bring them into the metaverse. Users are able to add and remove digital assets permissionlessly within the app without possessing any sort of technical knowledge. Hololoot offers a no-code product in which users are free to create whatever they want.
Using Hololoot Cloud, users can quickly generate AR-enabled NFT assets within the app by uploading a 3D model to the platform. These could range from animated models to game assets. Whatever the case may be, users can quickly create AR NFTs using these 3D models and save themselves a lot of time. It’s a self-service model that is controlled by the user.
Hololoot’s users are also not subjected to any restrictions when they create their NFTs. Location and geography are no issues since location-based AR assets have already been identified as an incredible development in the space, and Hololoot provides a quick, simple, and efficient way to mint NFTs and create location-based AR assets.
Hololoot Gearing Up For The Future
Hololoot’s project has been positively received by the metaverse community. The project raised a whopping .75 million in its pre-sale round, which has helped expand its team to better position them for success. The project secured three launchpads – Enjinstarter, Synapse.network, and Seedify – and is in talks with various gaming projects including Nakamoto Games, Bloktopia, Age of Rust, and more. Hololoot has also partnered with Enjin for its marketplace and ScottyBeam for NFT teleportation.
The future is looking bright for the project as it continues its efforts in combining Cloud computing with AR and Machine Learning, alongside 3D animations, QA testing, and performance testing. It is expanding its team and has a marketing roadmap that rivals the best in the space.
Nimbus Project: Redefining the DeFi Space
The term FinTech – short for financial technology is relatively new, popularized by over a decade-old cryptocurrency revolution. The latest development in the blockchain-backed FinTech industry is decentralized finance (DeFi). What makes DeFi special is its potential to provide alternatives to many traditional financial products and services at a fraction of the cost while reducing the barrier to entry.
The DeFi solutions create wealth generation opportunities and open access to financial services for everyone, irrespective of their economic stature. Using DeFi, even those without a bank account or documentation can invest as less as and expect returns from it. They have also returned to users control over their funds, which in a traditional setting rests in the hand of centralized financial institutions.
The current application of DeFi solutions extends to trading, loans, investments and more. In many of these areas, they have proven to be more efficient than conventional options. Apart from low cost and high efficiency, this new technology also offers unprecedented levels of transparency and allows users to always maintain control over their assets. While DeFi is considered as the silver bullet that can potentially eliminate “unbankedness” among the global population, it is still in the process of gaining widespread adoption.
As of today, DeFi still hasn’t fulfilled its potential, though. It has many shortcomings ranging from the lack of realistic and sustainable revenue generation models to the absence of holistic solutions that would cater for the users’ requests, without the need to switch between platforms. Only a few companies like Nimbus have identified and addressed these issues by creating holistic, user-friendly DeFi ecosystems.
What is Nimbus?
Nimbus is a year-old FinTech company with solid credentials, which has been serving a 50,000 strong community by delivering blockchain-based financial solutions. After having managed to grow at such a rapid pace in a short time, it has taken a big leap to create its own DeFi ecosystem that combines all the good practices followed by traditional as well as decentralized finance.
Set to go live on December 21, the Nimbus DeFi ecosystem will offer 10 earning strategies for users in one spot, all accessible via one single token that gets listed the same day on Uniswap exchange: NUS token.
The ecosystem will consist of 4 different dApps opening up access to P2P loans, IPOs, Startup Financing, and Crypto Arbitrage-Trading, a centralized version of which has been used by 50,000 people so far. These dApps are based on proven traditional financial tools capable of generating revenues, but in a decentralized setting.
While these four dApps are driven by three tokens, each of them within the ecosystem are controlled by the Nimbus DAO. The project’s direction itself is decided by the holders of its GNUS governance tokens, which also entitles them to receive a share in the platform’s revenues.
The Nimbus dApps
The four dApps on the Nimbus ecosystem include:
- Nimbus IPO Hub dApp – It is a platform that allows users to participate in IPOs through liquidity pools. The IPO Hub makes it possible for anyone to benefit from stock acquisition, which is something close to impossible in a conventional setting. But now it is possible in crypto, without extra brokerage fees or tiring paperwork.
- Nimbus Crowdfunding dApp – This unique tool provides users with access to startup equity and convertible notes of future unicorns in an early stage. Users can enjoy even higher efficiency of investment as the dApp provides access to a diversified portfolio of carefully vetted startups and the funds are distributed automatically upon startup KPIs. This mitigates the risks of funds misappropriation and ramps up the profitability.
- Crypto Arbitrage Trading – a decentralized version of Nimbus’ already popular trading app which has been deployed to 50,000 users. It’s sparked a fast growth of the Nimbus community which already testifies for its success. But the dApp version is going to become even more efficient and beneficial for users!
- P2P Lending dApp – This tool leverages both tried-and-true traditional lending mechanics and the best practices in DeFi. It provides different lending and borrowing options based on risk-adjusted criteria and enables direct users matching per location.
Destroying the entry barriers to investment opportunities
An example of true democratization of financial markets, the Nimbus Ecosystem makes it possible for users to put every penny to efficient use. Participating in IPOs through the Nimbus IPO Hub or investing in promising startups with Nimbus Crowdfunding starts with minimal crypto investment sums, which ensures that everyone with an interest can now become an investor with whatever funds they can spare.
Risk mitigation and reward optimization through cutting-edge tech
Further, the risks generally associated with such investments are mitigated to a large extent, thanks to liquidity pools and Smart contracts that ensure the investments in startups and projects are used for the right things. It also implements sophisticated evaluation criteria similar to the ones followed by venture capital firms to shortlist the projects which will be followed by a community voting process involving GNUS holders to pick the eligible startups to be included in the dApps pools.
The best of Traditional and Decentralized Finance
Meanwhile, the Nimbus project is relentlessly working towards expanding its offering by listing more proprietary and third-party dApps. These dApps, combined with the platform’s plan to procure FINRA broker-dealer license, NFA and SEC licenses will help Nimbus become the much-needed bridge between digital assets and investment products for the global audience. Few other DeFi projects that are on the drawing board could provide additional asset classes and investment products like Pre-IPO Secondary Markets Share Participation and more. Users can readily adopt these products without worrying about their reliability as all smart contracts implemented by the platform are audited by the likes of Zokyo and received a great security score.
Nimbus DeFi at Last!
The Nimbus DeFi project is finally set to go live on December 21. That’s when the first two dApps will go live and when users can buy the NUS token on UniSwap at a beneficial price.
Image by Tomislav Jakupec from Pixabay
OKEx: Redefining the Blockchain Industry
The cryptocurrency industry, as it stands today, is quite different from what it was a couple of years ago. At that time, the industry had its own sets of challenges which included, scams, hacking attacks, lack of recognition, transparency and regulatory frameworks. However, thanks to a few players who took those much-needed steps to address these shortcomings, there have been considerable improvements in the segment, making it almost on-par with traditional technology and financial systems.
One of the leading global digital exchange platforms, OKEx has decided to take the community down the memory lane by publishing a series of articles explaining not just the origins, development and vision of OKEx but even the evolution of the entire industry. The platform has already posted the first of the articles in this series on October 14, 2019.
According to the article, OKEx is the creation of a group of like-minded visionaries who were initially part of the OKCoin project. Their initiative back in 2017, to build a global regulatory compliant exchange and crypto-to-crypto spot trading platform was supported by some of the OKCoin shareholders as well. At that time, it was among a handful of projects that strived to ensure compliance across borders as an initiative to bring cryptocurrency to the mainstream.
Since the development of OKEx, the platform has maintained a strategic partnership with OKCoin, while working as a separate entity so that together, they can cater to diverse requirements of the blockchain ecosystem. And, the initiative turned out to be a massive success with daily trading volumes surpassing billion, which put OKEx among the top 3 exchanges on CoinMarketCap listing within few months.
What made OKEx Stand Out?
One of the differentiating factors between OKEx and other crypto trading and exchange platforms is transparency. And the timing of the platform’s launch was perfect as there was no other alternative that could offer a high degree of transparency by sticking to the roots of blockchain technology – DECENTRALIZATION.
By developing the necessary infrastructure, OKEx aims to revamp the global credit system by placing digital assets at the center. However, creating a state-of-the-art platform is not enough as financial services providers must ensure that the hard-earned money of its users are safeguarded, even if there is no value addition. In this aspect, OKEx believes that it should take up the responsibility, and an obligation to safeguard the interests of investors and even help them grow their investments by offering the right set of tools. As a result, the platform has implemented risk hedging instruments, including derivatives like contracts and options alongside spot trading tools. The security and stability features implemented on OKEx has enabled the company to maintain TP99999 stability standards while thwarting off any potential attacks on the platform. Thanks to the well-planned structure, OKEx is now able to proudly claim that it is one such platform that has never been involved in any security breaches.
Performance through Persistence
For a digital asset platform to gain a foothold in a mostly traditional financial ecosystem, it has to emulate the structure and features of the financial industry. Having realized the secret, the Malta headquartered OKEx has ensured its presence in such financial centers/hubs around the world. By staying close to who’s who in the financial world, OKEx has been able to create its parallel for the blockchain ecosystem with a range of products portfolio including fiat, spot and derivative markets, futures trading, OKEx Pool and Wallet on distributed ledger technology. Other results of constant innovation include improved order matching engine, instantaneous trading capabilities, which have led to excellent yields for its users.
The performance of OKEx is also linked to its support for the crypto community as a whole. In order to provide opportunities for blockchain projects solving real-world problems to become a reality, the platform launched the OKEx Jumpstart program where they can be listed, and the cryptocurrency community members can buy into the tokens of these startups. Since its launch, the performance of projects on OKEx Jumpstart has consistently improved, with an average maximum yield of 632.73%. The platform also states that the yearly yield for USDT on OK Piggybank – a service that allows users to deposit their cryptocurrency holdings and earn interest on it has reached 18% which is a lot compared to any traditional fiat-based deposit schemes.
The OKEx team is continuously working on creating new products. According to the company, the latest product to be launched soon will be a USDT margined futures and options trading platform which is developed following the inputs received from its userbase. With such dedication, the team at OKEx has been able to keep up with the community’s changing requirements with time and stay ahead of its peers in the race.
The Road Ahead
OKEx plans to stay on track with respect to its commitment to the blockchain community and create quality offerings that can not only push the implementation of blockchain technology to its limits in the global financial landscape, but also provide adequate means for investors to get better yields across portfolios. The company’s statement reads:
“[OKEx shall retain] the values of impartiality and its customer-first policy, and it will continue to provide users with better technology and services. Our pursuit of delivering the best user experience and security relies on our strong technology, product development, operations, business and other functional departments, which also constitute the cultural heritage of our values.”
With transparency, stability and security as the foundation for technological advances in the blockchain-based financial ecosystem, OKEx welcomes any scrutiny of its systems and it also intends to promote clean crypto solutions across the globe by bringing together all the other players onto a single consortium to create a universal regulatory framework.
The post OKEx: Redefining the Blockchain Industry appeared first on NewsBTC.
ILCoin is Redefining Blockchain Technology with a Different, More Calculated Approach
The cryptocurrency industry has come a long way since the induction of Bitcoin, over a decade ago. The use of blockchain technology, which has gained widespread traction in almost all industry segments has evolved with plenty of versions with a range of feature additions. However, each of these DLT protocols have some shortcomings, and the sustained effort of the community has been to plug the gaps to come up with a so-called perfect blockchain.
ILCoin is one such platform that has been making some significant changes to the technology. Unlike most of the blockchains out there, the ILCoin’s Command Chain Protocol is already certified quantum-resistant by Palo Alto Networks Partner – a California based network and enterprise security company. According to the certification, the protocol is Quantum and 51% attack resistant on a sha256 POW based blockchain. This makes ILCoin futureproof as the concept of quantum computing becomes more prevalent.
The Command Chain Protocol (C2P) is an SHA-256 central defensive system that provides users with a secure and efficient blockchain, with teleportation data transmission and massive node system. The ILCoin blockchain itself is a decentralized cloud-based protocol – the world’s first data storage platform on blockchain capable of supporting services off-chain. The ILCoin team’s decision to create a strong and secure DLT protocol is influenced by past industry experiences, including numerous malicious hacking attempts and other security threats. And as stated by the project’s developers, their mission is to break fresh ground in the blockchain sector by creating the one-of-a-kind functional defensive blockchain to ensure the safety and security of applications running on it.
“Our developers have been in the blockchain industry since the very beginning of Bitcoin. They know the different systems, their benefits, and shortcomings — all of which have contributed to the creation of our own blockchain approach. The ILCoin development team has completely redesigned the generic build-up and base concept of blockchain technology, which also proves we are neither a replica nor a “cloned” system.” – Norbert Goffa, Executive Manager of ILCoin
In order to get where they currently are, a multidisciplinary team of developers, engineers, economists, marketers and others have worked tirelessly towards a single objective and they continue to do so till perfection is achieved.
Industries Prepared to Change with ILCoin
ILCoin is set to revolutionize plenty of industries, banking to the gaming industry. The platform with a significant transaction speed of 170k TP/block and a more than the decent block size of 25MB, which combined with low fees makes it the right fit for these applications. While the ILCoin blockchain and high-security command chain protocol makes it ideal for the banking sector, the company has forayed into the gaming segment, counting on the successes of FirstBlood and CryptoKitties, both of which have a strong connection to the crypto industry. The idea is to create a decentralized gaming title – the Age of ILCoin with attractive gameplay and payouts in the same token. The game is available on Google Play Store and iOS App Store.
While the platform is based on decentralized ledger technology, many crucial functions concerning mining, development, wallet, explorer, etc., remains centralized to safeguard them from being compromised at any time. The ILCoin ecosystem is spread across multiple platforms and device types with applications designed for cloud, Android, iOS, Windows and web.
What’s Next?
ILCoin is preparing to launch a partner node system, which is currently under development. The system, when launched will issue rewards to the users for either creating Dapps or running full nodes on the decentralized cloud blockchain.
More information about ILCoin is available at – https://ilcoincrypto.com
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