Following the Arbitrum token airdrop, ARB has become a top 40 cryptocurrency as it currently holds the 37th largest market valuation out of more than 23,000 listed digital currencies. Currently, there is a circulating supply of 1,275,000,000 ARB, and the Arbitrum Foundation’s DAO Treasury holds 3.52 million or 35.27% of the airdropped supply. Over the past day’s trading sessions, ARB has decreased by 9.8% against the U.S. dollar.
According to statistics recorded on Saturday, March 25, 2023, Arbitrum’s native governance token, ARB, is now the 37th largest cryptocurrency by market capitalization. The governance token for the layer two Ethereum scaling project has a larger market valuation than Optimism’s governance token, OP, which is the 66th largest by market capitalization on Saturday.
ARB’s overall market valuation is $1.58 billion, and 24-hour trading statistics show a range from $1.19 to $1.39 per unit of ARB over the last day. Data from Dune Analytics indicates that 968.71 million of the 1.275 billion ARB tokens have been claimed so far, accounting for 83.4% of the claimable tokens on March 25.
Currently, there are 247,700 unique ARB holders, and the top ten addresses hold 94.41% of the ARB in circulation. The Arbitrum Foundation’s DAO Treasury holds roughly 3.52 million ARB, and the second-largest address holds 2.69 million ARB.
Exchanges that hold a significant amount of ARB include Bybit, Kucoin, Mexc Global, and Bitget, as all four exchanges have addresses within the top 25 largest ARB holders. Two days ago, on March 23, ARB reached both an all-time high and an all-time low on the same day.
The price today is 89% lower than the recorded all-time high of $11.80 per unit and 12.9% higher than the all-time low of $1.10 per ARB. The trade volume of ARB has increased significantly over the last two days, with $1.738 billion in ARB trades settled during the last 24 hours.
The top five most active cryptocurrency exchanges in terms of ARB trade volume include Binance, Bitget, Okx, Uniswap (Arbitrum version), and Gate.io.
What do you think the future holds for Arbitrum’s governance token ARB? Let us know 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, Rcc_Btn / Shutterstock.com
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.
NFT Sales Volume Saw a Small Uptick This Week — Moonbirds, Mutant Apes Take Top Sales
Non-fungible token (NFT) sales saw a small uptick over the last week as $658.4 million in NFT sales were recorded, up 3.35% in seven days. Out of 15 blockchains, Polygon-based NFT sales saw the largest increase in volume, jumping 106.68% ... read more.
Following the Arbitrum token airdrop, ARB has become a top 40 cryptocurrency as it currently holds the 37th largest market valuation out of more than 23,000 listed digital currencies. Currently, there is a circulating supply of 1,275,000,000 ARB, and the Arbitrum Foundation’s DAO Treasury holds 3.52 million or 35.27% of the airdropped supply. Over the past day’s trading sessions, ARB has decreased by 9.8% against the U.S. dollar.
According to statistics recorded on Saturday, March 25, 2023, Arbitrum’s native governance token, ARB, is now the 37th largest cryptocurrency by market capitalization. The governance token for the layer two Ethereum scaling project has a larger market valuation than Optimism’s governance token, OP, which is the 66th largest by market capitalization on Saturday.
ARB’s overall market valuation is $1.58 billion, and 24-hour trading statistics show a range from $1.19 to $1.39 per unit of ARB over the last day. Data from Dune Analytics indicates that 968.71 million of the 1.275 billion ARB tokens have been claimed so far, accounting for 83.4% of the claimable tokens on March 25.
Currently, there are 247,700 unique ARB holders, and the top ten addresses hold 94.41% of the ARB in circulation. The Arbitrum Foundation’s DAO Treasury holds roughly 3.52 million ARB, and the second-largest address holds 2.69 million ARB.
Exchanges that hold a significant amount of ARB include Bybit, Kucoin, Mexc Global, and Bitget, as all four exchanges have addresses within the top 25 largest ARB holders. Two days ago, on March 23, ARB reached both an all-time high and an all-time low on the same day.
The price today is 89% lower than the recorded all-time high of $11.80 per unit and 12.9% higher than the all-time low of $1.10 per ARB. The trade volume of ARB has increased significantly over the last two days, with $1.738 billion in ARB trades settled during the last 24 hours.
The top five most active cryptocurrency exchanges in terms of ARB trade volume include Binance, Bitget, Okx, Uniswap (Arbitrum version), and Gate.io.
What do you think the future holds for Arbitrum’s governance token ARB? Let us know 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, Rcc_Btn / Shutterstock.com
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.
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.
On March 23, 2023, bitcoin experienced another difficulty increase, following two previous rises in the last month, jumping 7.56% higher. Currently, bitcoin miners have not been deterred by the increases, as the network hashrate has been coasting along at 346 exahash per second (EH/s).
As of writing, there are more than 1,700 blocks left until the next difficulty retarget on April 5, 2023. Despite the difficulty increase on March 23 at block height 782,208, the hashrate remains high, and block intervals are still faster than the 10-minute average. The April 5 change is expected to be about 6.9% higher, as block times have been between nine minutes and 21 seconds and nine minutes and 14 seconds.
The increase at block height 782,208 was 7.56% higher than the difficulty over the previous two weeks. Prior to that, on Feb. 24, 2023, at block height 778,176, the difficulty rose 9.95%, and on March 10, 2023, at block height 780,192, the difficulty jumped by 1.16%. This means that over the last six weeks, bitcoin miners have dealt with three consecutive difficulty increases that amount to a total of 18.67%.
Currently, the difficulty is 46.84 trillion and is only 3.16 trillion hashes away from reaching the 50 trillion mark for the first time. If the current estimated 6.9% increase comes to fruition, by April 5, 2023, the difficulty could reach 53.74 trillion. Statistics show that March bitcoin mining revenue may end up slightly lower than February’s $613 million. Incomplete monthly data shows that miners have collected $561 million since March 1.
In the last three days, 488 BTC blocks were mined into existence, with Foundry USA discovering 149 of them. Foundry’s hashrate across the three-day span is around 105.71 EH/s or 30.53% of Bitcoin’s total network hashrate. Foundry is followed by Antpool (73.78 EH/s), F2pool (51.79 EH/s), Binance Pool (34.76 EH/s), and Viabtc (31.93 EH/s). Together, Foundry and Antpool command 51.84% of Bitcoin’s global hashrate.
What do you think the future holds for bitcoin miners as the difficulty continues to increase? Share your thoughts 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.
Ripple CEO: SEC Lawsuit Over XRP 'Has Gone Exceedingly Well'
The CEO of Ripple Labs says that the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against him and his company over XRP "has gone exceedingly well." He stressed: "This case is important, not just for Ripple, it’s ... read more.
On March 23, 2023, bitcoin experienced another difficulty increase, following two previous rises in the last month, jumping 7.56% higher. Currently, bitcoin miners have not been deterred by the increases, as the network hashrate has been coasting along at 346 exahash per second (EH/s).
As of writing, there are more than 1,700 blocks left until the next difficulty retarget on April 5, 2023. Despite the difficulty increase on March 23 at block height 782,208, the hashrate remains high, and block intervals are still faster than the 10-minute average. The April 5 change is expected to be about 6.9% higher, as block times have been between nine minutes and 21 seconds and nine minutes and 14 seconds.
The increase at block height 782,208 was 7.56% higher than the difficulty over the previous two weeks. Prior to that, on Feb. 24, 2023, at block height 778,176, the difficulty rose 9.95%, and on March 10, 2023, at block height 780,192, the difficulty jumped by 1.16%. This means that over the last six weeks, bitcoin miners have dealt with three consecutive difficulty increases that amount to a total of 18.67%.
Currently, the difficulty is 46.84 trillion and is only 3.16 trillion hashes away from reaching the 50 trillion mark for the first time. If the current estimated 6.9% increase comes to fruition, by April 5, 2023, the difficulty could reach 53.74 trillion. Statistics show that March bitcoin mining revenue may end up slightly lower than February’s $613 million. Incomplete monthly data shows that miners have collected $561 million since March 1.
In the last three days, 488 BTC blocks were mined into existence, with Foundry USA discovering 149 of them. Foundry’s hashrate across the three-day span is around 105.71 EH/s or 30.53% of Bitcoin’s total network hashrate. Foundry is followed by Antpool (73.78 EH/s), F2pool (51.79 EH/s), Binance Pool (34.76 EH/s), and Viabtc (31.93 EH/s). Together, Foundry and Antpool command 51.84% of Bitcoin’s global hashrate.
What do you think the future holds for bitcoin miners as the difficulty continues to increase? Share your thoughts 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.
Tony Hawk's Latest NFTs to Come With Signed Physical Skateboards
Last December, the renowned professional skateboarder Tony Hawk released his “Last Trick” non-fungible token (NFT) collection via the NFT marketplace Autograph. Next week, Hawk will be auctioning the skateboards he used during his last tricks, and each of the NFTs ... read more.
PRESS RELEASE. The Gambulls NFT Collection, a project by Gambulls, is set to mint in less than 2 weeks, on March 31st, 2023.
The limited Polygon-based NFT will be available on the cross-chain NFT marketplace, Magic Eden. The main collection will consist of 6,673 Bulls, including 7 Legendaries.
For those wishing to mint one, you will have to secure a spot on their rapidly limited whitelist on the Gambulls Discord channel.
Giveaways and updates regarding this minting process are also announced regularly on their Discord channel and Twitter – both of which have seen massive growth leading up to the release date.
What makes Gambull’s NFTs special?
The NFT release aims to lay the foundation and facilitate the building of the Gambulls integrated ecosystem, a roadmap that consists of exclusive rewards and utilities for players, as well as a multi-chain NFT marketplace down the road.
Additionally, Gambulls NFTs are more than just digital collectibles. Ownership of Gambulls NFTs entitles users to exclusive utility, privileges, and rewards that are all integrated into the ecosystem.
These advantages include the chance for weekly cash prizes in the online gaming, access for the engage-to-earn program, as well as rakeback bonuses and promotions for the Sports Betting feature that will be launched over the next few months on the platform.
Gambulls have always been driven by their deep involvement in the community — and when combined with the followers of JellyCo, NFT owners will have deep liquidity to exchange or sell their NFTs. That being said, OG fans of Gambulls will want to hang on to them to enjoy the long-term privileges and expandable utilities down the road.
Limited and Legendary NFTs
As mentioned above, the Gambulls NFT collection has a verifiable number of minted NFTs — consisting of 6,673 Bulls, including 7 Legendaries.
In addition to the exclusive utilities, these NFTs will also have variable rarities assigned to them. As with most NFTs on the market, the value of an NFT can be determined by how likely they are to manifest certain traits. Out of 6,673 NFTs perhaps only a handful will possess these rare traits, making them more collectible and desirable.
Revolutionizing the online gambling experience
The Gambulls NFT collection is just one piece of the puzzle on their roadmap to pioneer a Metaverse ecosystem that will revolutionize the online gaming experience.
By utilizing NFT’s, Gambulls will not only raise capital to continually develop their ecosystem, but also reinvest said funds back into the community and holders by offering those incentives.
The NFTs will also go hand-in-hand with the Gambulls NFT Marketplace, a project that is slated to be developed in the future.
The marketplace will employ three major blockchains — Ethereum, Polygon and Solana, allowing users to seamlessly switch between networks, explore a wide range of NFTs, and make purchases with their preferred cryptocurrencies that are network-compatible.
Strong focus on the community will be the emphasis of the marketplace, providing users with tools for social interaction, curation and NFT discovery.
All these initiatives and NFT collections are part of the aforementioned roadmap to ultimately build a Gambulls Metaverse — an immersive gaming ecosystem where players can virtually mingle and connect with each other using unique avatars.
With the Gambulls Metaverse, the online gaming experience will be more accessible than ever, with players being able to play virtually from anywhere on the globe, all in real-time.
The team at Gambulls understands the importance of building relationships through trust, transparency and community support, and have demonstrated those values in their social channels on Discord and Twitter openly.
To build their vision, Gambulls intend to continually hold these values moving forward and strengthen their ties with the community.
Be sure to have your MATIC tokens ready for when the NFT collection drops!
Join the Gambulls NFT Community
Stay up to date with the developments of Gambulls NFT by joining any one of their channels:
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
Ripple CEO: SEC Lawsuit Over XRP 'Has Gone Exceedingly Well'
The CEO of Ripple Labs says that the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against him and his company over XRP "has gone exceedingly well." He stressed: "This case is important, not just for Ripple, it’s ... read more.
PRESS RELEASE. The Gambulls NFT Collection, a project by Gambulls, is set to mint in less than 2 weeks, on March 31st, 2023.
The limited Polygon-based NFT will be available on the cross-chain NFT marketplace, Magic Eden. The main collection will consist of 6,673 Bulls, including 7 Legendaries.
For those wishing to mint one, you will have to secure a spot on their rapidly limited whitelist on the Gambulls Discord channel.
Giveaways and updates regarding this minting process are also announced regularly on their Discord channel and Twitter – both of which have seen massive growth leading up to the release date.
What makes Gambull’s NFTs special?
The NFT release aims to lay the foundation and facilitate the building of the Gambulls integrated ecosystem, a roadmap that consists of exclusive rewards and utilities for players, as well as a multi-chain NFT marketplace down the road.
Additionally, Gambulls NFTs are more than just digital collectibles. Ownership of Gambulls NFTs entitles users to exclusive utility, privileges, and rewards that are all integrated into the ecosystem.
These advantages include the chance for weekly cash prizes in the online gaming, access for the engage-to-earn program, as well as rakeback bonuses and promotions for the Sports Betting feature that will be launched over the next few months on the platform.
Gambulls have always been driven by their deep involvement in the community — and when combined with the followers of JellyCo, NFT owners will have deep liquidity to exchange or sell their NFTs. That being said, OG fans of Gambulls will want to hang on to them to enjoy the long-term privileges and expandable utilities down the road.
Limited and Legendary NFTs
As mentioned above, the Gambulls NFT collection has a verifiable number of minted NFTs — consisting of 6,673 Bulls, including 7 Legendaries.
In addition to the exclusive utilities, these NFTs will also have variable rarities assigned to them. As with most NFTs on the market, the value of an NFT can be determined by how likely they are to manifest certain traits. Out of 6,673 NFTs perhaps only a handful will possess these rare traits, making them more collectible and desirable.
Revolutionizing the online gambling experience
The Gambulls NFT collection is just one piece of the puzzle on their roadmap to pioneer a Metaverse ecosystem that will revolutionize the online gaming experience.
By utilizing NFT’s, Gambulls will not only raise capital to continually develop their ecosystem, but also reinvest said funds back into the community and holders by offering those incentives.
The NFTs will also go hand-in-hand with the Gambulls NFT Marketplace, a project that is slated to be developed in the future.
The marketplace will employ three major blockchains — Ethereum, Polygon and Solana, allowing users to seamlessly switch between networks, explore a wide range of NFTs, and make purchases with their preferred cryptocurrencies that are network-compatible.
Strong focus on the community will be the emphasis of the marketplace, providing users with tools for social interaction, curation and NFT discovery.
All these initiatives and NFT collections are part of the aforementioned roadmap to ultimately build a Gambulls Metaverse — an immersive gaming ecosystem where players can virtually mingle and connect with each other using unique avatars.
With the Gambulls Metaverse, the online gaming experience will be more accessible than ever, with players being able to play virtually from anywhere on the globe, all in real-time.
The team at Gambulls understands the importance of building relationships through trust, transparency and community support, and have demonstrated those values in their social channels on Discord and Twitter openly.
To build their vision, Gambulls intend to continually hold these values moving forward and strengthen their ties with the community.
Be sure to have your MATIC tokens ready for when the NFT collection drops!
Join the Gambulls NFT Community
Stay up to date with the developments of Gambulls NFT by joining any one of their channels:
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
Ripple CEO: SEC Lawsuit Over XRP 'Has Gone Exceedingly Well'
The CEO of Ripple Labs says that the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against him and his company over XRP "has gone exceedingly well." He stressed: "This case is important, not just for Ripple, it’s ... read more.
PRESS RELEASE. The Next Link In Blockchain Has Arrived. Launched in 2021, Arbitrum takes the exceptional security of Ethereum one step further with a class-leading Layer 2 solution that solves many of the scalability issues associated with Layer 1 chains. As ProBit Global’s latest listing, the exchange is excited to offer its users a time-limited 50% discount on ARB, the newly minted governance token of Arbitrum. Some of Arbitrum’s major advantages include its lower operating costs, rapidly expanding dApp ecosystem and wide suite of developer tools.
A Layer 2 Solution Set To Dominate
By executing transactions off-chain, Arbitrum is able to offer lower gas fees than Ethereum, while also reducing load on the Ethereum mainnet. This is also one of the key reasons for Arbitrum’s superior TPS processing, with the network recently surpassing Ethereum in total transactions processed. Using highly efficient rollups enables developers to easily create scalable dApps, while shuttling smart contracts between Arbitrum and the Layer 1 chain ensures an enhanced level of fraud-proofing and security.
The Arbitrum network has had significant buy-in from developers, thanks in large part to factors such as EVM (Ethereum Virtual Machine) compatibility. Developers familiar with Ethereum programming do not need to master a new language before building on Arbitrum, as a variety of languages can be compiled EVM. Smart contracts can easily be migrated to Arbitrum from Ethereum without having to be re-written.
Another feather in the Arbitrum network cap is its interoperability: the Layer 2 chain offers support for cross-chain transactions, allowing developers to create dApps with multiple use cases. Users can interact with other blockchains and exchange assets on Arbitrum, making it a supremely versatile protocol.
As the largest Layer 2 chain on the Ethereum network, Arbitrum boasts a TVL (total value locked) of $3.8 billion, and at 55%, holds a decisive majority of Layer 2 market share.
ARB Token Launch: An Exciting Future Ahead
The launch of Arbitrum’s ARB governance token marks the beginning of a new chapter for a project that is set to dominate the Layer 2 landscape. With the introduction of its native ARB token, Arbitrum will place power in the hands of its community to vote on changes affecting the network and management of Arbitrum at large.
Given that much of the Arbitrum network’s post-launch growth has been organic, the broad adoption and interest amongst crypto enthusiasts and developers bodes well for the growth and success of the Arbitrum ecosystem. ARB is poised to propel the Arbitrum blockchain into the next era.
ProBit Global is thrilled to announce an Exclusive Event for users looking to claim a stake in this next-gen Layer 2 protocol. Offering ARB at 50% discount, users have access to a maximum of 10,000 USDT worth of ARB allocations by subscribing with PROB token.
The event runs for only a week, so don’t miss this amazing opportunity. Purchase ARB at 50% OFF starting from March 28 (UTC 2:00) up to April 3, 2023 (UTC 2:00), only at ProBit Global!
ABOUT PROBIT GLOBAL:
Founded in 2018, ProBit Global is a Top 20 cryptocurrency platform featuring access to more than 800 cryptocurrencies and over 1000 different markets. ProBit Global aims to position itself as a world-class exchange for both crypto enthusiasts and novice investors, and boasts a user base of more than 2,000,000 active users, globally.
With a powerful crypto trading interface, easy integration for automated crypto trading bots, fiat on-ramp support for 45 currencies, and a multilingual website in 46 languages, ProBit Global has all the features to make your cryptocurrency trading experience easy.
To learn more, visit probit.com.
ProBit Global Telegram: https://t.me/ProBitGlobalOfficial
DISCLAIMER:
The information provided on this website is for informational purposes only and does not constitute financial advice. ProBit Global is not responsible for any losses or damages arising from the use of this website or any of the information contained herein. Trading in cryptocurrencies carries a high level of risk and may not be suitable for all investors. We strongly recommend that you seek independent financial advice before making any investment decisions.
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
Fidelity Investments Launches Crypto, Metaverse ETFs — Says 'We Continue to See Demand'
Fidelity Investments, one of the largest financial services firms with more than $11 trillion under administration, is launching exchange-traded funds (ETFs) focusing on the crypto ecosystem and the metaverse. "We continue to see demand, particularly from young investors, for access ... read more.
PRESS RELEASE. The Next Link In Blockchain Has Arrived. Launched in 2021, Arbitrum takes the exceptional security of Ethereum one step further with a class-leading Layer 2 solution that solves many of the scalability issues associated with Layer 1 chains. As ProBit Global’s latest listing, the exchange is excited to offer its users a time-limited 50% discount on ARB, the newly minted governance token of Arbitrum. Some of Arbitrum’s major advantages include its lower operating costs, rapidly expanding dApp ecosystem and wide suite of developer tools.
A Layer 2 Solution Set To Dominate
By executing transactions off-chain, Arbitrum is able to offer lower gas fees than Ethereum, while also reducing load on the Ethereum mainnet. This is also one of the key reasons for Arbitrum’s superior TPS processing, with the network recently surpassing Ethereum in total transactions processed. Using highly efficient rollups enables developers to easily create scalable dApps, while shuttling smart contracts between Arbitrum and the Layer 1 chain ensures an enhanced level of fraud-proofing and security.
The Arbitrum network has had significant buy-in from developers, thanks in large part to factors such as EVM (Ethereum Virtual Machine) compatibility. Developers familiar with Ethereum programming do not need to master a new language before building on Arbitrum, as a variety of languages can be compiled EVM. Smart contracts can easily be migrated to Arbitrum from Ethereum without having to be re-written.
Another feather in the Arbitrum network cap is its interoperability: the Layer 2 chain offers support for cross-chain transactions, allowing developers to create dApps with multiple use cases. Users can interact with other blockchains and exchange assets on Arbitrum, making it a supremely versatile protocol.
As the largest Layer 2 chain on the Ethereum network, Arbitrum boasts a TVL (total value locked) of $3.8 billion, and at 55%, holds a decisive majority of Layer 2 market share.
ARB Token Launch: An Exciting Future Ahead
The launch of Arbitrum’s ARB governance token marks the beginning of a new chapter for a project that is set to dominate the Layer 2 landscape. With the introduction of its native ARB token, Arbitrum will place power in the hands of its community to vote on changes affecting the network and management of Arbitrum at large.
Given that much of the Arbitrum network’s post-launch growth has been organic, the broad adoption and interest amongst crypto enthusiasts and developers bodes well for the growth and success of the Arbitrum ecosystem. ARB is poised to propel the Arbitrum blockchain into the next era.
ProBit Global is thrilled to announce an Exclusive Event for users looking to claim a stake in this next-gen Layer 2 protocol. Offering ARB at 50% discount, users have access to a maximum of 10,000 USDT worth of ARB allocations by subscribing with PROB token.
The event runs for only a week, so don’t miss this amazing opportunity. Purchase ARB at 50% OFF starting from March 28 (UTC 2:00) up to April 3, 2023 (UTC 2:00), only at ProBit Global!
ABOUT PROBIT GLOBAL:
Founded in 2018, ProBit Global is a Top 20 cryptocurrency platform featuring access to more than 800 cryptocurrencies and over 1000 different markets. ProBit Global aims to position itself as a world-class exchange for both crypto enthusiasts and novice investors, and boasts a user base of more than 2,000,000 active users, globally.
With a powerful crypto trading interface, easy integration for automated crypto trading bots, fiat on-ramp support for 45 currencies, and a multilingual website in 46 languages, ProBit Global has all the features to make your cryptocurrency trading experience easy.
To learn more, visit probit.com.
ProBit Global Telegram: https://t.me/ProBitGlobalOfficial
DISCLAIMER:
The information provided on this website is for informational purposes only and does not constitute financial advice. ProBit Global is not responsible for any losses or damages arising from the use of this website or any of the information contained herein. Trading in cryptocurrencies carries a high level of risk and may not be suitable for all investors. We strongly recommend that you seek independent financial advice before making any investment decisions.
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
Fidelity Investments Launches Crypto, Metaverse ETFs — Says 'We Continue to See Demand'
Fidelity Investments, one of the largest financial services firms with more than $11 trillion under administration, is launching exchange-traded funds (ETFs) focusing on the crypto ecosystem and the metaverse. "We continue to see demand, particularly from young investors, for access ... read more.
PRESS RELEASE. Calgory, Alberta, March 24th 2023, Chainwire. Toshi Tools, an all-in-one crypto information app, is launching to provide crypto traders with the tools they need to succeed. An intuitive design and suite of unique features will empower users to navigate the complex world of cryptocurrency markets.
The first recipients of the Toshi Tools app will be Tier 1 wallet holders, who hold at least 0.4% of the $TOSHI token supply, followed by everyone else. The team behind the app are determined to provide an easy-to-use interface that solves the information overload that is a major pain point within the crypto industry.
The app includes a real-time wallet-tracking solution to help users follow the smart money and monitor their own trades. Toshi Tools displays the top crypto market performers by wallet ID, sorted daily.
Artificial intelligence (AI) will further enhance the application, with Open AI’s GPT-3 machine learning integrated into the platform. This integration allows users to efficiently extract information from the blockchain. GPT-3 technology will let users analyze bulk data and create a model customized to their specific configurations and metrics.
This project’s ecosystem is powered by the $TOSHI token. The long-term goal is to implement a 3% transaction, determined by Toshi Tools’ market cap, project growth, and development completion. The $TOSHI token enables users to access the full functionality of the application with a Tier 1 wallet. Alternatively, burning $100 worth of $TOSHI tokens will grant one month’s access.
Tier 1 wallets holders need 0.4% of the $TOSHI supply, while future tiers will accommodate users with lower holdings. Burning $TOSHI tokens to access different app levels creates a deflationary structure for the project. This burning process will increase demand for the remaining tokens on the market.
Crypto partnerships are fundamental to the team’s mission to bring accessible crypto investment tracking and decision-making to a larger audience. Toshi Tools has partnered with SolidProof, NOWAI, and others to provide greater integration within the industry. The team’s appearance at Binance’s meet-up in Frankfurt, Germany, at the end of January piqued interest in the project. A March 25 Binance AMA will allow newcomers to learn more about the project.
About Toshi Tools
Toshi Tools provides users with easy-to-read and customizable charts that help track their crypto investments. With GPT-3 integrated into the system, the app can perform on-chain analysis around the clock without human intervention.
Telegram | Twitter | Medium
Contact
Ben W.
info@toshi.tools
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.
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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.
PRESS RELEASE. Calgory, Alberta, March 24th 2023, Chainwire. Toshi Tools, an all-in-one crypto information app, is launching to provide crypto traders with the tools they need to succeed. An intuitive design and suite of unique features will empower users to navigate the complex world of cryptocurrency markets.
The first recipients of the Toshi Tools app will be Tier 1 wallet holders, who hold at least 0.4% of the $TOSHI token supply, followed by everyone else. The team behind the app are determined to provide an easy-to-use interface that solves the information overload that is a major pain point within the crypto industry.
The app includes a real-time wallet-tracking solution to help users follow the smart money and monitor their own trades. Toshi Tools displays the top crypto market performers by wallet ID, sorted daily.
Artificial intelligence (AI) will further enhance the application, with Open AI’s GPT-3 machine learning integrated into the platform. This integration allows users to efficiently extract information from the blockchain. GPT-3 technology will let users analyze bulk data and create a model customized to their specific configurations and metrics.
This project’s ecosystem is powered by the $TOSHI token. The long-term goal is to implement a 3% transaction, determined by Toshi Tools’ market cap, project growth, and development completion. The $TOSHI token enables users to access the full functionality of the application with a Tier 1 wallet. Alternatively, burning $100 worth of $TOSHI tokens will grant one month’s access.
Tier 1 wallets holders need 0.4% of the $TOSHI supply, while future tiers will accommodate users with lower holdings. Burning $TOSHI tokens to access different app levels creates a deflationary structure for the project. This burning process will increase demand for the remaining tokens on the market.
Crypto partnerships are fundamental to the team’s mission to bring accessible crypto investment tracking and decision-making to a larger audience. Toshi Tools has partnered with SolidProof, NOWAI, and others to provide greater integration within the industry. The team’s appearance at Binance’s meet-up in Frankfurt, Germany, at the end of January piqued interest in the project. A March 25 Binance AMA will allow newcomers to learn more about the project.
About Toshi Tools
Toshi Tools provides users with easy-to-read and customizable charts that help track their crypto investments. With GPT-3 integrated into the system, the app can perform on-chain analysis around the clock without human intervention.
Telegram | Twitter | Medium
Contact
Ben W.
info@toshi.tools
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.
PRESS RELEASE. RenQ Finance, a decentralized finance (DeFi) platform, aims to transform the way users engage with financial services. Utilizing blockchain technology, RenQ Finance provides an array of DeFi offerings, such as lending, borrowing, and yield farming, along with a distinctive tokenomics structure that rewards users for holding and staking RENQ tokens.
The potential of RENQ lies in its capacity to penetrate the expanding DeFi market while presenting innovative solutions to the common challenges faced by users in conventional finance. Its intuitive interface and robust tokenomics make RENQ a viable candidate for substantial growth.
Stage 3 of the RENQ Token Presale is Selling Out Faster than the First 2
RenQ Finance, the all-in-one solution for crypto traders, has successfully raised $3 million in its Stage 3 token presale. This milestone comes after the recent CertiK audit, which has boosted investor confidence in the project. The RENQ token presale is structured in 8 stages, with Stage 1 starting at $0.02 per token. Currently, in Stage 3, the price has increased to $0.03 per token. The presale is attracting a large number of investors, causing it to sell out faster than the first two stages.
During this stage, the RENQ token is priced at $0.030 USDT, increasing gradually after each stage’s hard cap has been reached. The third stage will end once $4,347,500 is reached, equivalent to approximately 167,500,000 RENQ tokens sold.
In the next stage, the price for one RENQ token will be 0.035 USDT, and by the final stage, the token price will reach $0.055, so the RENQ token can be a potentially profitable investment for early buyers.
If you want to join the presale phase of the RENQ token, you can buy it from the official website of RenQ Finance. You will need a wallet such as MetaMask or Trust Wallet.
Those holding RENQ tokens will have access to all future activities within the Renq ecosystem. It is important to note that there will not be a vesting period; thus, users will get their tokens once the presale ends.
CertiK Conducted an Audit on RenQ Finance During This Period
To ensure the security and reliability of the RenQ Finance platform, It underwent a rigorous security audit by CertiK, a leading blockchain auditing company specialized in analyzing and tracking blockchain protocols and DeFi projects. The audit ensured that RenQ Finance’s code was highly secure and free from vulnerabilities, providing essential reassurance to investors.
CertiK’s comprehensive examination utilized Static Analysis and Manual Review techniques to thoroughly analyze RenQ Finance’s source code and identify any potential issues or vulnerabilities.
RenQ Finance’s code was thoroughly checked for security, ensuring the platform is safe and secure for all users. Knowing that a reputable third-party auditing company had thoroughly vetted the RenQ Finance code, this fact can relieve potential investors worried about the security of the RenQ Finance project.
Discover RenQ Finance: The All-in-One Solution for Crypto Traders
RenQ Finance aims to be the go-to platform for crypto traders, offering a comprehensive suite of tools and features designed to help users navigate the complex world of cryptocurrencies. The platform offers trading, staking, yield farming, and lending services, as well as a user-friendly interface that caters to both beginners and experienced traders.
RenQ Finance offers a holistic solution for cryptocurrency enthusiasts globally. Their primary goal is to establish a fully decentralized platform catering to traders seeking a DeFi solution to support their daily crypto activities. RenQ Finance aims to enable users to trade directly through their wallet app, thereby enhancing the decentralized trading experience.
Consistently working to develop diverse tools for crypto traders, RenQ Finance includes a cryptocurrency data aggregator, perpetual futures, a vault, a lending protocol, a DeFi and NFT Launchpad, and several forums. The ultimate objective is to cultivate an engaged community that can significantly contribute to the growth and evolution of the entire RenQ ecosystem.
RenQ Finance is dedicated to building a decentralized platform that offers an all-encompassing range of services to cryptocurrency investors across the globe. With its cutting-edge tools and vibrant community, RenQ Finance is well on its way to becoming a frontrunner in the DeFi industry.
Stay Updated
Users can take part in RenQ Finance presale on their website: https://renq.io
Keep an eye on RenQ Finance and stay up-to-date on their current token presale by joining the company on various social media platforms such as Twitter, Telegram, Facebook, Instagram, YouTube, Medium, and Reddit. Take advantage of the opportunity to learn more about RenQ Finance and its latest updates!
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
Ripple CEO: SEC Lawsuit Over XRP 'Has Gone Exceedingly Well'
The CEO of Ripple Labs says that the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against him and his company over XRP "has gone exceedingly well." He stressed: "This case is important, not just for Ripple, it’s ... read more.
PRESS RELEASE. RenQ Finance, a decentralized finance (DeFi) platform, aims to transform the way users engage with financial services. Utilizing blockchain technology, RenQ Finance provides an array of DeFi offerings, such as lending, borrowing, and yield farming, along with a distinctive tokenomics structure that rewards users for holding and staking RENQ tokens.
The potential of RENQ lies in its capacity to penetrate the expanding DeFi market while presenting innovative solutions to the common challenges faced by users in conventional finance. Its intuitive interface and robust tokenomics make RENQ a viable candidate for substantial growth.
Stage 3 of the RENQ Token Presale is Selling Out Faster than the First 2
RenQ Finance, the all-in-one solution for crypto traders, has successfully raised $3 million in its Stage 3 token presale. This milestone comes after the recent CertiK audit, which has boosted investor confidence in the project. The RENQ token presale is structured in 8 stages, with Stage 1 starting at $0.02 per token. Currently, in Stage 3, the price has increased to $0.03 per token. The presale is attracting a large number of investors, causing it to sell out faster than the first two stages.
During this stage, the RENQ token is priced at $0.030 USDT, increasing gradually after each stage’s hard cap has been reached. The third stage will end once $4,347,500 is reached, equivalent to approximately 167,500,000 RENQ tokens sold.
In the next stage, the price for one RENQ token will be 0.035 USDT, and by the final stage, the token price will reach $0.055, so the RENQ token can be a potentially profitable investment for early buyers.
If you want to join the presale phase of the RENQ token, you can buy it from the official website of RenQ Finance. You will need a wallet such as MetaMask or Trust Wallet.
Those holding RENQ tokens will have access to all future activities within the Renq ecosystem. It is important to note that there will not be a vesting period; thus, users will get their tokens once the presale ends.
CertiK Conducted an Audit on RenQ Finance During This Period
To ensure the security and reliability of the RenQ Finance platform, It underwent a rigorous security audit by CertiK, a leading blockchain auditing company specialized in analyzing and tracking blockchain protocols and DeFi projects. The audit ensured that RenQ Finance’s code was highly secure and free from vulnerabilities, providing essential reassurance to investors.
CertiK’s comprehensive examination utilized Static Analysis and Manual Review techniques to thoroughly analyze RenQ Finance’s source code and identify any potential issues or vulnerabilities.
RenQ Finance’s code was thoroughly checked for security, ensuring the platform is safe and secure for all users. Knowing that a reputable third-party auditing company had thoroughly vetted the RenQ Finance code, this fact can relieve potential investors worried about the security of the RenQ Finance project.
Discover RenQ Finance: The All-in-One Solution for Crypto Traders
RenQ Finance aims to be the go-to platform for crypto traders, offering a comprehensive suite of tools and features designed to help users navigate the complex world of cryptocurrencies. The platform offers trading, staking, yield farming, and lending services, as well as a user-friendly interface that caters to both beginners and experienced traders.
RenQ Finance offers a holistic solution for cryptocurrency enthusiasts globally. Their primary goal is to establish a fully decentralized platform catering to traders seeking a DeFi solution to support their daily crypto activities. RenQ Finance aims to enable users to trade directly through their wallet app, thereby enhancing the decentralized trading experience.
Consistently working to develop diverse tools for crypto traders, RenQ Finance includes a cryptocurrency data aggregator, perpetual futures, a vault, a lending protocol, a DeFi and NFT Launchpad, and several forums. The ultimate objective is to cultivate an engaged community that can significantly contribute to the growth and evolution of the entire RenQ ecosystem.
RenQ Finance is dedicated to building a decentralized platform that offers an all-encompassing range of services to cryptocurrency investors across the globe. With its cutting-edge tools and vibrant community, RenQ Finance is well on its way to becoming a frontrunner in the DeFi industry.
Stay Updated
Users can take part in RenQ Finance presale on their website: https://renq.io
Keep an eye on RenQ Finance and stay up-to-date on their current token presale by joining the company on various social media platforms such as Twitter, Telegram, Facebook, Instagram, YouTube, Medium, and Reddit. Take advantage of the opportunity to learn more about RenQ Finance and its latest updates!
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
Ripple CEO: SEC Lawsuit Over XRP 'Has Gone Exceedingly Well'
The CEO of Ripple Labs says that the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against him and his company over XRP "has gone exceedingly well." He stressed: "This case is important, not just for Ripple, it’s ... read more.
PRESS RELEASE. Oetker Collection’s Parisian Palace taking first big leap into the digital future for luxury hotels with ‘Le Bristol Unlocked’ NFT Drop.
PARIS, France – For nearly 100 years, the iconic Le Bristol Paris has set the standard for refined elegance, dazzling guests from around the world with unparalleled French luxury. With an eye towards the digital future, the Oetker Collection Masterpiece Hotel in the heart of Paris is announcing its exclusive entry into the Web3 ecosystem, a pioneering first step into blockchain and cryptocurrencies by a hotel of Le Bristol Paris’ stature.
Through this endeavor, Le Bristol Paris is embracing its legacy as a house of distinction as it disrupts the status quo to meet demands for increased connectivity and experiential community. In entering the world of Web3, Le Bristol Paris aims to create unique experiences that expand the hotel’s influence while offering new ways for global audiences to interact with its extraordinary art de vivre.
The multi-phase project to welcome Web3 audiences to Le Bristol Paris will begin with a very limited drop of 11 NFTs, ‘Le Bristol Unlocked’, created in collaboration with startup Metav.rs. Each NFT purchaser will be granted membership to Le Bristol’s exclusive L’H3ritage Club. Membership perks being proposed include anytime access to dedicated and secret menus at the hotel’s world-class restaurants, and weekly access to its legendary rooftop swimming pool (normally open to guests only). Each NFT will also unlock doors to one of 11 rewards, promising ‘money-can’t-buy’ experiences never before offered by Le Bristol.
With this foray into Web3, Le Bristol Paris will be the first Palace hotel to create a blockchain community. Through the launch, Le Bristol is building a bridge between its storied legacy of timeless excellence and disruptive new technology that will shape the next 100 years.
Le Bristol Paris’ 11 limited-edition ‘Le Bristol Unlocked’ NFTs will be available for purchase in cryptocurrency exclusively on April 14, 2023.
Cover picture credit: Claire Cocano twisted by FMK7
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
Tony Hawk's Latest NFTs to Come With Signed Physical Skateboards
Last December, the renowned professional skateboarder Tony Hawk released his “Last Trick” non-fungible token (NFT) collection via the NFT marketplace Autograph. Next week, Hawk will be auctioning the skateboards he used during his last tricks, and each of the NFTs ... read more.
PRESS RELEASE. Oetker Collection’s Parisian Palace taking first big leap into the digital future for luxury hotels with ‘Le Bristol Unlocked’ NFT Drop.
PARIS, France – For nearly 100 years, the iconic Le Bristol Paris has set the standard for refined elegance, dazzling guests from around the world with unparalleled French luxury. With an eye towards the digital future, the Oetker Collection Masterpiece Hotel in the heart of Paris is announcing its exclusive entry into the Web3 ecosystem, a pioneering first step into blockchain and cryptocurrencies by a hotel of Le Bristol Paris’ stature.
Through this endeavor, Le Bristol Paris is embracing its legacy as a house of distinction as it disrupts the status quo to meet demands for increased connectivity and experiential community. In entering the world of Web3, Le Bristol Paris aims to create unique experiences that expand the hotel’s influence while offering new ways for global audiences to interact with its extraordinary art de vivre.
The multi-phase project to welcome Web3 audiences to Le Bristol Paris will begin with a very limited drop of 11 NFTs, ‘Le Bristol Unlocked’, created in collaboration with startup Metav.rs. Each NFT purchaser will be granted membership to Le Bristol’s exclusive L’H3ritage Club. Membership perks being proposed include anytime access to dedicated and secret menus at the hotel’s world-class restaurants, and weekly access to its legendary rooftop swimming pool (normally open to guests only). Each NFT will also unlock doors to one of 11 rewards, promising ‘money-can’t-buy’ experiences never before offered by Le Bristol.
With this foray into Web3, Le Bristol Paris will be the first Palace hotel to create a blockchain community. Through the launch, Le Bristol is building a bridge between its storied legacy of timeless excellence and disruptive new technology that will shape the next 100 years.
Le Bristol Paris’ 11 limited-edition ‘Le Bristol Unlocked’ NFTs will be available for purchase in cryptocurrency exclusively on April 14, 2023.
Cover picture credit: Claire Cocano twisted by FMK7
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
Tony Hawk's Latest NFTs to Come With Signed Physical Skateboards
Last December, the renowned professional skateboarder Tony Hawk released his “Last Trick” non-fungible token (NFT) collection via the NFT marketplace Autograph. Next week, Hawk will be auctioning the skateboards he used during his last tricks, and each of the NFTs ... read more.
PRESS RELEASE. Mumbai, 22nd March 2023: The Future of Shopping is going LIVE! Trace Network Labs has announced the launch of PARIZ, the world’s first fully functional & next-generation fashion and lifestyle metaverse that connects the real and virtual worlds. Pariz is scheduled for launch on 22nd March 2023 in Mumbai at Techsparks, said to be India’s most Influential startup-tech event organized by YourStory, a leading media platform dedicated to the startup ecosystem.
The PARIZ Metaverse Composition
Built with an adoption-centric focus to spearhead the shift of ecommerce into the metaverse, Pariz aims to bring life-like experiences that will enable shopping, entertainment & commerce in the metaverse. It will comprise virtual spaces that will cater to fashion brands, business, Influencers, artists, designers, event organizers, users in general. Some of them, not limited to, are as follows:
Developed with a mix of state-of-the-art, open & proprietary technologies, including immersive 3D + VR tech, Trace Network’s PARIZ is committed to revolutionizing the way people shop, work, play & socialize in the metaverse.
Inaugural Day Special
The PARIZ launch day on 22nd March 22, will showcase an exclusive launch of Brand Stores in the metaverse. The Brand Stores in PARIZ will provide immersive, interactive shopping experiences in a virtual setup with an element of ecommerce as well. This will enable the concept of “Buy in the Metaverse, Deliver at Home”, that will complete the online commerce’s discovery-to-delivery cycle in the metaverse..
This metaverse-to-home service is unique and will bring a paradigm shift in the way ecommerce will function in the times to come. The days of infinite 2D scrolling for products are coming to an end, as one can now “step into” an ecommerce store in the metaverse, walk about, do window shopping, try the product, buy it and then have it delivered at home.
Speaking on the occasion of this landmark launch, Lokesh Rao, Co-founder and CEO, Trace Network Labs said,
“With Pariz Metaverse, we are building one single destination for younger audiences to engage with and experience fashion in virtual gamified worlds, or the Pariz metaverse. Apart from fashion & lifestyle shopping, the metaverse will also include spaces for events, social districts and a 24×7 lounge for community interactions. With these spaces, PARIZ will encourage brands, influencers, projects, artists, users and more to host their own cultural events and lounges,”
Premier fashion brands debut on PARIZ
The launch of Trace Network’s PARIZ will coincide with the grand launch of 4 brand stores from Madame, Da Milano Italia, Zivame and Aditya Birla’s Style Up. Created in partnership with Trace, these brands will open their virtual stores for business from the same day i.e. 22nd March 2023 at Techsparks.
Each metaverse store of the above brands has been carefully designed creating an atmosphere of luxury and convenience. The brands’ customers can enjoy the latest collections and products from the metaverse stores, as well as access exclusive offers, promotions and events that can be conducted in the metaverse.
Here is what some of these brands had to say about the changing paradigm in shopping & online commerce.
Mr Akhil Jain, CEO at Jain Amar, the owners of India’s leading women’s western-wear fashion brand, Madame said, “Thrilled to partner with Trace Network to launch our Brand Store in PARIZ. As a premiere Indian luxury womenswear brand, we are committed to catering to women with different styles and personas, and in the Metaverse is aimed at providing a glamorous shopping experience to online GenZ shoppers.”
Richa Kar, Founder, Zivame, India’s leading Intimate wear brand for Women, expressed delight in partnering with Trace Network for their Metaverse journey, “As India’s leading intimate wear brand for women, we are committed to empowering women and promoting body positivity, and we believe that the Pariz Metaverse is the perfect platform to bring our brand values to life in a new realm,” she said, “Excited to launch our own Brand Store in PARIZ, as we aim to cater to diverse personas and styles, especially Gen Z online women shoppers.”
Shivaani D Mallik, Marketing Director at Da Milano Italia’s also commented on their Brand store launch in PARIZ, “As a brand that epitomizes innovation, modernity, and luxury, we are excited to take our commitment to Italian design and craftsmanship to the virtual world. Our brand Store in Pariz Metaverse, will provide our customers, especially Gen Z audiences, with a truly immersive and seamless shopping experience.”
About PARIZ
PARIZ, powered by Trace Network technologies, is the world’s first fully functional Metaverse for Fashion & Lifestyle. Built with an adoption-centric approach, PARIZ aims to create virtual spaces to spearhead the shift of ecommerce into the metaverse. It will bring life-like experiences that will enable shopping, entertainment & commerce in the metaverse. PARIZ comprises virtual spaces that cater to fashion brands, business, Influencers, artists, designers, event organizers, users in general and much more. Developed with a mix of state-of-the-art, open & proprietary technologies, including immersive 3D + VR tech, Trace Network’s PARIZ is committed to revolutionizing the way people shop, work, play & socialize in the metaverse.
About Trace Network
Trace Network Labs is enabling a full stack Metaverse technology for businesses & individuals to launch their own 3D experiences with all the components being powered and built natively using Blockchain including and first of it’s kind web3.0 native real looking #BUDDY avatars. You can relate with it like we are SHOPIFY of metaverses. Further, using the same technology it is helping Fashion & Lifestyle businesses & individuals to launch their own experience stores, events, concerts etc.
Website | Twitter | Medium | Telegram | Discord | Instagram | Announcements
For media inquiries, please contact:
Trace Network Labs
Lokesh Rao, Co-Founder &CEO
lokesh.rao@trace.network
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
Ripple CEO: SEC Lawsuit Over XRP 'Has Gone Exceedingly Well'
The CEO of Ripple Labs says that the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against him and his company over XRP "has gone exceedingly well." He stressed: "This case is important, not just for Ripple, it’s ... read more.
Source From : News