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Lbank’s Successful Web Summit Lisbon Exhibition, Free To Ride Campaign, And More

04 Nov 2022

The Chinese government has presented a plan of action regarding the inclusion of virtual reality (VR) and augmented reality (AR) in the lives of the Chinese people. The plan contemplates research of several technologies, including the development of an open metaverse platform for its citizens and research on odor simulation technology.

On Nov. 1, the Chinese government presented a plan that outlines the development of virtual reality (VR), augmented reality (AR), and metaverse technologies in the country for the next four years. The plan, which mentions 25 million headset devices to be produced each year until 2026, also calls for an investigation to make these devices more functional.

The document calls for an investigation of simulation tech that encompasses new fields that have had little development before. This research includes “gesture tracking, eye tracking, expression tracking, full-body motion capture, immersive sound field, high-precision environmental understanding, and 3D reconstruction technology.” It even includes odor simulation, aiming to bring a literal new sense to what these devices can currently offer.

The plan further calls for the establishment of 10 VR parks around the country to allow people to have direct contact with the aforementioned tech and explore the different possibilities that the headset devices might bring to Chinese citizens.

The plan mentions the development of an open social platform that will allow citizens to carry out tasks and collaborate. China wants the metaverse to reach more people, and one of the government’s key objectives is to improve the supply capacity of the entire industrial chain, allowing for more comfortable headsets to be produced for the market. However, the document does not establish the procedures to be followed to achieve this goal.

The emphasis the Chinese government is putting on this research could affect the reach of metaverse tech in the future. While companies like Meta are currently striving to take the metaverse to a mainstream level, the funds available and the influence that the Chinese government has on its citizens could advance the adoption of this tech in several fields. However, the document is unclear on the level of spending of the plan and does not mention the amount of funding that will be directed for its completion.

What do you think about the new VR, AR, and metaverse research plan that the Chinese government has presented? Tell us in the comments section below.

Sergio is a cryptocurrency journalist based in Venezuela. He describes himself as late to the game, entering the cryptosphere when the price rise happened during December 2017. Having a computer engineering background, living in Venezuela, and being impacted by the cryptocurrency boom at a social level, he offers a different point of view about crypto success and how it helps the unbanked and underserved.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Central Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year

The Central Bank of Brazil has confirmed that the institution will run a pilot test regarding the implementation of its proposed central bank digital currency (CBDC), the digital real. Roberto Campos Neto, president of the bank, also stated that this ... read more.

The Chinese government has presented a plan of action regarding the inclusion of virtual reality (VR) and augmented reality (AR) in the lives of the Chinese people. The plan contemplates research of several technologies, including the development of an open metaverse platform for its citizens and research on odor simulation technology.

On Nov. 1, the Chinese government presented a plan that outlines the development of virtual reality (VR), augmented reality (AR), and metaverse technologies in the country for the next four years. The plan, which mentions 25 million headset devices to be produced each year until 2026, also calls for an investigation to make these devices more functional.

The document calls for an investigation of simulation tech that encompasses new fields that have had little development before. This research includes “gesture tracking, eye tracking, expression tracking, full-body motion capture, immersive sound field, high-precision environmental understanding, and 3D reconstruction technology.” It even includes odor simulation, aiming to bring a literal new sense to what these devices can currently offer.

The plan further calls for the establishment of 10 VR parks around the country to allow people to have direct contact with the aforementioned tech and explore the different possibilities that the headset devices might bring to Chinese citizens.

The plan mentions the development of an open social platform that will allow citizens to carry out tasks and collaborate. China wants the metaverse to reach more people, and one of the government’s key objectives is to improve the supply capacity of the entire industrial chain, allowing for more comfortable headsets to be produced for the market. However, the document does not establish the procedures to be followed to achieve this goal.

The emphasis the Chinese government is putting on this research could affect the reach of metaverse tech in the future. While companies like Meta are currently striving to take the metaverse to a mainstream level, the funds available and the influence that the Chinese government has on its citizens could advance the adoption of this tech in several fields. However, the document is unclear on the level of spending of the plan and does not mention the amount of funding that will be directed for its completion.

What do you think about the new VR, AR, and metaverse research plan that the Chinese government has presented? Tell us in the comments section below.

Sergio is a cryptocurrency journalist based in Venezuela. He describes himself as late to the game, entering the cryptosphere when the price rise happened during December 2017. Having a computer engineering background, living in Venezuela, and being impacted by the cryptocurrency boom at a social level, he offers a different point of view about crypto success and how it helps the unbanked and underserved.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Central Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year

The Central Bank of Brazil has confirmed that the institution will run a pilot test regarding the implementation of its proposed central bank digital currency (CBDC), the digital real. Roberto Campos Neto, president of the bank, also stated that this ... read more.

During the last few weeks, a number of individuals have been discussing the upcoming release of Bitcoin Core version 24.0 and how the codebase will include full-replace-by-fee (RBF) logic. The discussion has become controversial as a few Lightning Network and zero confirmation advocates have expressed a distaste for the full-RBF idea. The CEO of Synonym, John Carvalho, has been a vocal critic of the proposal on Twitter and on Nov. 3, Carvalho remarked that a subset of Core developers “are currently trying to attack Bitcoin by forcing a pet agenda to make all transactions RBF by default.”

Ever since replace-by-fee (RBF) was introduced in 2014 by software developer Peter Todd, the topic has been a sensitive subject. Essentially, RBF allows bitcoin users to leverage the feature in order to replace an unconfirmed transaction with an alternative transaction with an increased fee. However, when a transaction is included in a block, it cannot be superseded by RBF at that point. The scheme only works with zero-confirmation (0-conf) transactions (txns). Zero-confirmation transactions are transfers that can be accepted by a merchant or service via a network broadcast, well before a miner confirms the transaction in a block.

According to various reports, Bitcoin Core version 24.0 will provide full-RBF logic and the idea has fueled more controversy. “Until now, Bitcoin Core nodes applied the ‘first seen’ rule, which meant that conflicting transactions wouldn’t be accepted in the node’s memory pool (mempool) and forwarded to peers,” a summary described by Bitcoin Magazine details. “With this upcoming release, users can choose to make their nodes accept and forward conflicting transactions if they include a higher fee than (the) earlier transaction(s) they conflict with.”

However, Bitcoin Magazine’s summary does not include the controversial arguments against full-RBF logic. A number of critics have said that transaction replacement harms the network, and that it helps promote double-spend attacks. The double spend attack assertion has been argued since RBF was first introduced into Bitcoin Core version 0.12. In another summary of Bitcoin Core version 24.0, a Medium post published on Oct. 29, the author mentions some of the detractors and arguments against the full-RBF scheme. The author quotes the founder of the Lightning Network (LN) wallet Muun, Dario Sneidermanis.

“During the last few days, we have been investigating the latest Bitcoin Core release candidate, and we found some worrying facts about the deployment of opt-in full-RBF,” Sneidermanis explained. The Muun CEO further added that “zero-conf apps (like Muun) must now instantly disable zero-conf features.” Sneidermanis’ critique of the proposed change continued:

We at Muun will have to turn off outbound Lightning payments for more than 100,000 users, which is currently a good portion of all non-fiduciary Lightning payments.

The Medium post describing Bitcoin Core version 24.0 also mentions people who disagree with the Muun CEO’s analysis. For instance, Bitcoin Core developer David Harding says the upgrade “does not change transaction substitutability in any significant way.” The blog post details that “Pieter Wuile makes a similar argument,” and software Developer Luke Dashjr has already implemented full-RBF logic in his software Bitcoin Knots codebase. A few days after the Medium post was published, the CEO of Synonym, John Carvalho, tweeted about the discussion and he included some accusations.

“A subset of Core devs are currently trying to attack Bitcoin by forcing a pet agenda to make all transactions RBF by default,” Carvalho wrote on Nov. 3, 2022. “This attack includes bitcoin-dev mailing list lies and lobbying, code changes in Core node, and bribery attempts to miners. Merchants rely on 0-conf txns as a way to meet consumer needs in commerce. RBF makes the mempool less reliable and spending bitcoin more dangerous for consumers and businesses,” Carvalho added.

The more users there are spending BTC, the more valuable it is.

— John Carvalho (@BitcoinErrorLog) November 4, 2022

Carvalho’s opinion was met with controversy and one user tweeted that “relying on 0-conf transactions doesn’t seem very smart when the majority of onchain transactions are only going to be very large value transactions in the future.” Carvalho responded and insisted that “it is not your decision what amount of risk is acceptable to someone else.” Another person told Carvalho that full-RBF “seems [like a] good incentive for LN and less L1 bloating. Intermediate time [obvious] pain for merchants. But non-RBF is never going to stay profitable for most merchants.”

The Synonym CEO replied and stressed:

That is a claim and prediction that conflicts with observable reality.

The same day, Carvalho asked people to prove that “Double spending was always easy and possible.” “Prove it,” the Synonym CEO remarked. “[Double spend] at [Bitrefill], they literally want test examples.” The following day, Carvalho provided his RBF “argument, and solution, simplified, without sensation.”

Bitcoin Core’s Version 24.0 Full-RBF Proposal Sparks Controversy, Synonym CEO Calls ‘Pet Agenda’ an ‘Attack’

Carvalho’s argument published to Github was shot down by a large number of NACKs (Vote for No) and one person said: “As someone who has had transactions get stuck before, being able to RBF easily is the best experience for users.” Another person detailed that he believes 0-conf transactions are not safe and stated:

[NACK] zero-conf isn’t a safe, making it a tiny bit harder to RBF is delusional.

Software developer Peter Todd has been arguing against Carvalho’s argument on Github as well and explained that he was contacted by bitcoin miners. “I personally have been recently contacted by miners asking how they can turn [full RBF] on. Obviously, pointing them to a config option is simplest for them,” Todd told Carvalho. Furthermore, Todd stressed that there’s demand for the full RBF feature. “There’s obviously demand for this option,” Todd said. “Seems that the motivation to remove it comes from attempting to make zero conf safer,” the software developer added.

The Github user operating the handle “Greenaddress” wrote: “NACK. I planned to use this feature both personally as well as on production for example on esplora/blockstream.info and Green wallet.” Greenaddress further criticized the replace-by-fee flag mechanism.

“As others have said we can also compile Bitcoin core but it would be an inconvenience and in general I think the [RBF] flag provides a false sense of security especially as we seen recently even non-standard transactions can find their [way] to miners. Mostly agree with afilini/ptodd/dbrozzoni’s points,” Greenaddress concluded. One individual, however, questioned the purpose behind Greenaddress, saying that it planned to “use this feature both personally as well as on production.”

“For what purpose?” the individual asked Greenaddress on Github. “I haven’t seen an answer to ‘Does [full-RBF] offer any benefits other than breaking [zero-conf] business practices? If so, what are they?’ Yet; does the above imply you have one?”

What do you think about the controversy surrounding the full RBF feature that developers have proposed to add to Bitcoin Core’s codebase? What do you think about Sneidermanis’ and Carvalho’s arguments against full RBF logic? Let us know what you think about this subject in the comments section below.

Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is 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 this article.

Draft Law Regulating Aspects of Crypto Taxation Submitted to Russian Parliament

A bill updating Russia’s tax law to incorporate provisions pertaining to cryptocurrencies has been filed with the State Duma, the lower house of parliament. The legislation is tailored to regulate the taxation of sales and profits in the country’s market ... read more.

During the last few weeks, a number of individuals have been discussing the upcoming release of Bitcoin Core version 24.0 and how the codebase will include full-replace-by-fee (RBF) logic. The discussion has become controversial as a few Lightning Network and zero confirmation advocates have expressed a distaste for the full-RBF idea. The CEO of Synonym, John Carvalho, has been a vocal critic of the proposal on Twitter and on Nov. 3, Carvalho remarked that a subset of Core developers “are currently trying to attack Bitcoin by forcing a pet agenda to make all transactions RBF by default.”

Ever since replace-by-fee (RBF) was introduced in 2014 by software developer Peter Todd, the topic has been a sensitive subject. Essentially, RBF allows bitcoin users to leverage the feature in order to replace an unconfirmed transaction with an alternative transaction with an increased fee. However, when a transaction is included in a block, it cannot be superseded by RBF at that point. The scheme only works with zero-confirmation (0-conf) transactions (txns). Zero-confirmation transactions are transfers that can be accepted by a merchant or service via a network broadcast, well before a miner confirms the transaction in a block.

According to various reports, Bitcoin Core version 24.0 will provide full-RBF logic and the idea has fueled more controversy. “Until now, Bitcoin Core nodes applied the ‘first seen’ rule, which meant that conflicting transactions wouldn’t be accepted in the node’s memory pool (mempool) and forwarded to peers,” a summary described by Bitcoin Magazine details. “With this upcoming release, users can choose to make their nodes accept and forward conflicting transactions if they include a higher fee than (the) earlier transaction(s) they conflict with.”

However, Bitcoin Magazine’s summary does not include the controversial arguments against full-RBF logic. A number of critics have said that transaction replacement harms the network, and that it helps promote double-spend attacks. The double spend attack assertion has been argued since RBF was first introduced into Bitcoin Core version 0.12. In another summary of Bitcoin Core version 24.0, a Medium post published on Oct. 29, the author mentions some of the detractors and arguments against the full-RBF scheme. The author quotes the founder of the Lightning Network (LN) wallet Muun, Dario Sneidermanis.

“During the last few days, we have been investigating the latest Bitcoin Core release candidate, and we found some worrying facts about the deployment of opt-in full-RBF,” Sneidermanis explained. The Muun CEO further added that “zero-conf apps (like Muun) must now instantly disable zero-conf features.” Sneidermanis’ critique of the proposed change continued:

We at Muun will have to turn off outbound Lightning payments for more than 100,000 users, which is currently a good portion of all non-fiduciary Lightning payments.

The Medium post describing Bitcoin Core version 24.0 also mentions people who disagree with the Muun CEO’s analysis. For instance, Bitcoin Core developer David Harding says the upgrade “does not change transaction substitutability in any significant way.” The blog post details that “Pieter Wuile makes a similar argument,” and software Developer Luke Dashjr has already implemented full-RBF logic in his software Bitcoin Knots codebase. A few days after the Medium post was published, the CEO of Synonym, John Carvalho, tweeted about the discussion and he included some accusations.

“A subset of Core devs are currently trying to attack Bitcoin by forcing a pet agenda to make all transactions RBF by default,” Carvalho wrote on Nov. 3, 2022. “This attack includes bitcoin-dev mailing list lies and lobbying, code changes in Core node, and bribery attempts to miners. Merchants rely on 0-conf txns as a way to meet consumer needs in commerce. RBF makes the mempool less reliable and spending bitcoin more dangerous for consumers and businesses,” Carvalho added.

The more users there are spending BTC, the more valuable it is.

— John Carvalho (@BitcoinErrorLog) November 4, 2022

Carvalho’s opinion was met with controversy and one user tweeted that “relying on 0-conf transactions doesn’t seem very smart when the majority of onchain transactions are only going to be very large value transactions in the future.” Carvalho responded and insisted that “it is not your decision what amount of risk is acceptable to someone else.” Another person told Carvalho that full-RBF “seems [like a] good incentive for LN and less L1 bloating. Intermediate time [obvious] pain for merchants. But non-RBF is never going to stay profitable for most merchants.”

The Synonym CEO replied and stressed:

That is a claim and prediction that conflicts with observable reality.

The same day, Carvalho asked people to prove that “Double spending was always easy and possible.” “Prove it,” the Synonym CEO remarked. “[Double spend] at [Bitrefill], they literally want test examples.” The following day, Carvalho provided his RBF “argument, and solution, simplified, without sensation.”

Bitcoin Core’s Version 24.0 Full-RBF Proposal Sparks Controversy, Synonym CEO Calls ‘Pet Agenda’ an ‘Attack’

Carvalho’s argument published to Github was shot down by a large number of NACKs (Vote for No) and one person said: “As someone who has had transactions get stuck before, being able to RBF easily is the best experience for users.” Another person detailed that he believes 0-conf transactions are not safe and stated:

[NACK] zero-conf isn’t a safe, making it a tiny bit harder to RBF is delusional.

Software developer Peter Todd has been arguing against Carvalho’s argument on Github as well and explained that he was contacted by bitcoin miners. “I personally have been recently contacted by miners asking how they can turn [full RBF] on. Obviously, pointing them to a config option is simplest for them,” Todd told Carvalho. Furthermore, Todd stressed that there’s demand for the full RBF feature. “There’s obviously demand for this option,” Todd said. “Seems that the motivation to remove it comes from attempting to make zero conf safer,” the software developer added.

The Github user operating the handle “Greenaddress” wrote: “NACK. I planned to use this feature both personally as well as on production for example on esplora/blockstream.info and Green wallet.” Greenaddress further criticized the replace-by-fee flag mechanism.

“As others have said we can also compile Bitcoin core but it would be an inconvenience and in general I think the [RBF] flag provides a false sense of security especially as we seen recently even non-standard transactions can find their [way] to miners. Mostly agree with afilini/ptodd/dbrozzoni’s points,” Greenaddress concluded. One individual, however, questioned the purpose behind Greenaddress, saying that it planned to “use this feature both personally as well as on production.”

“For what purpose?” the individual asked Greenaddress on Github. “I haven’t seen an answer to ‘Does [full-RBF] offer any benefits other than breaking [zero-conf] business practices? If so, what are they?’ Yet; does the above imply you have one?”

What do you think about the controversy surrounding the full RBF feature that developers have proposed to add to Bitcoin Core’s codebase? What do you think about Sneidermanis’ and Carvalho’s arguments against full RBF logic? Let us know what you think about this subject in the comments section below.

Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is 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 this article.

Draft Law Regulating Aspects of Crypto Taxation Submitted to Russian Parliament

A bill updating Russia’s tax law to incorporate provisions pertaining to cryptocurrencies has been filed with the State Duma, the lower house of parliament. The legislation is tailored to regulate the taxation of sales and profits in the country’s market ... read more.

PRESS RELEASE. Elrond, the startup building internet scale blockchain technology, announces its transformation into MultiversX. The company thus expands its mission of building the new internet economy to include the digital meta-space frontier.

The metaverse-forward company introduces three new products as the pillars for its evolution.

“Incredible amounts of creative energy are being poured into multiple compelling metaverse visions.” said Beniamin Mincu, CEO and founder of MultiversX (formerly Elrond Network). “MultiversX is building the collaborative framework and composable toolkit to set up the stage for a positive sum game of enormous stakes. For reimagining the entire spectrum of human experience and for reinventing the frontend of every business vertical.”

MultiversX will continue to build on the remarkable success of the Elrond Network, technology, community and ecosystem. It will continue to advance the groundbreaking scalable blockchain protocol and tools on the mission of proliferating Web3 technology.

Furthermore, it will expand and broaden the original scope and create the unique opportunity for its millions of users and vibrant ecosystem to lead the once-in-a-generation societal shift towards the metaverse.

The momentous transformation will unfold over a 3 day event at the Brongniart palace in Paris, where Jean-Noel Barrot, French Minister for Digital Transition and Telecommunications, Sebastian Burduja, Romanian Minister of Research, Innovation, and Digitalization, and important Industry leaders from finance, blockchain, Web3 and the Metaverse, will be introduced to the broadened MultiversX scope, products and path forward.

For more information please visit: https://multiversx.com

Contact

Head of Marketing

Dan Voicu

MultiversX

dan.voicu@elrond.com

+40 (742) 684 900

 

 

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.

Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Following a Brief Fee Spike, Gas Prices to Move Ethereum Drop 76% in 12 Days

Transaction fees on the Ethereum network are dropping again after average fees saw a brief spike on April 5 jumping to $43 per transfer. 12 days later, average ether fees are close to dropping below $10 per transaction and median-sized ... read more.

PRESS RELEASE. Elrond, the startup building internet scale blockchain technology, announces its transformation into MultiversX. The company thus expands its mission of building the new internet economy to include the digital meta-space frontier.

The metaverse-forward company introduces three new products as the pillars for its evolution.

“Incredible amounts of creative energy are being poured into multiple compelling metaverse visions.” said Beniamin Mincu, CEO and founder of MultiversX (formerly Elrond Network). “MultiversX is building the collaborative framework and composable toolkit to set up the stage for a positive sum game of enormous stakes. For reimagining the entire spectrum of human experience and for reinventing the frontend of every business vertical.”

MultiversX will continue to build on the remarkable success of the Elrond Network, technology, community and ecosystem. It will continue to advance the groundbreaking scalable blockchain protocol and tools on the mission of proliferating Web3 technology.

Furthermore, it will expand and broaden the original scope and create the unique opportunity for its millions of users and vibrant ecosystem to lead the once-in-a-generation societal shift towards the metaverse.

The momentous transformation will unfold over a 3 day event at the Brongniart palace in Paris, where Jean-Noel Barrot, French Minister for Digital Transition and Telecommunications, Sebastian Burduja, Romanian Minister of Research, Innovation, and Digitalization, and important Industry leaders from finance, blockchain, Web3 and the Metaverse, will be introduced to the broadened MultiversX scope, products and path forward.

For more information please visit: https://multiversx.com

Contact

Head of Marketing

Dan Voicu

MultiversX

dan.voicu@elrond.com

+40 (742) 684 900

 

 

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.

Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Following a Brief Fee Spike, Gas Prices to Move Ethereum Drop 76% in 12 Days

Transaction fees on the Ethereum network are dropping again after average fees saw a brief spike on April 5 jumping to $43 per transfer. 12 days later, average ether fees are close to dropping below $10 per transaction and median-sized ... read more.

PRESS RELEASE. INTERNET CITY, DUBAI, LISBON, Nov. 4th, 2022 – Global crypto exchange, LBank, joined Web Summit Lisbon in Portugal as a proud sponsor and exhibitor. Lisbon has been on LBank’s list of destinations for a while and it was great for the top-20 crypto exchange to finally set foot in Europe officially. The 4-day event gathered over 70,000 attendees and is one of the biggest crypto events of the year. This was also the first live Web Summit event in the past two years, giving LBank the special opportunities to connect in person with their users in Europe.

This year’s event centered around major topics such as the development of NFTs, the future of Metaverse, and, especially, where Web3 is headed. As an industry-leading force, LBank is very involved in all these sectors, both as investors and as promoters. “To be a part of this great celebration of crypto and seeing how much faith people have in the industry was very inspiring.” an LBank representative said.

LBank also had a special campaign set up for users in Lisbon. Users had the chance to get free rides in central Lisbon to get between different locations amid limited cabs and heavy traffic. “LBank Free to Ride Lisbon” was LBank’s way of saying thank you for the unyielding support from users and fans. After joining LBank’s telegram group, all users needed to do to get a free ride is to share with LBank staff where they will start and where they are headed. Every ride needs to include at least one LBank user, that user must take a screenshot of their LBank UID and send it to group managers. Cars were equipped with free LBank Merchandise, including newly designed mouse pads and T-shirts, which were given to riders. More than 20 groups of riders got a free ride between destinations.

On November 3rd, LBank hosted a successful “LBank & Friends” Afterparty with over 200 attendees. During the afterparty, LBank also hosted a panel for discussion and a roadshow for projects listed on LBank. The afterparty gathered a diverse crowd and was a great chance for people to discuss topics about Web3 and more.

LBank’s next stop will be Dcentral Miami, later this month. After exhibiting in Bitcoin Miami earlier this year LBank will again have the privilege of visiting the beautiful city of Miami and connecting with more from the ever-growing crypto industry.

About LBank

LBank is one of the top crypto exchanges, established in 2015. It offers specialized financial derivatives, expert asset management services, and safe crypto trading to its users. The platform holds over 7 million users from more than 210 regions across the world. LBank is a cutting-edge growing platform that ensures the integrity of users’ funds and aims to contribute to the global adoption of cryptocurrencies.

Start Trading Now: lbank.com

Community & Social Media:

l Telegram

l Twitter

l Facebook

l LinkedIn

l Instagram

l YouTube

Contact Details:

LBK Blockchain Co. Limited

LBank Exchange

marketing@lbank.info

business@lbank.info

 

 

 

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.

Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Oman to Incorporate Real Estate Tokenization in Virtual Assets Regulatory Framework

Real estate tokenization is set to be incorporated into Oman Capital Markets Authority (OCMA)'s virtual asset regulatory framework. According to an advisor with the authority, the tokenizing of real estate will open investment opportunities for local and foreign investors. Real ... read more.

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