Toronto, Ontario–(Vehement Media  – November 30, 2021) – Pod Town is introducing a DeFi solution to gamify the billion-dollar farming opportunity in their Metaverse called Pod Together.

DeFi or Decentralized Finance, is an open and global financial system built for the internet age, commonly known with “yield farming” or “liquidity mining,” where speculators actively shift cryptocurrency assets between different pools in a platform and between different platforms to maximize their total yield, which includes not only interest and fees but also the value of additional tokens received as rewards. DeFi products open up financial services to anyone with an internet connection and they’re largely owned and maintained by their users. The rapid rise of DeFi during 2020 and 2021 can be seen as billions of dollars’ worth of crypto has flowed through DeFi applications and it’s growing every day. According to DeFiPulse, the total value locked in DeFi products had reached over $100 billion.

Backed by blockchain-focused development studio Console Labs, known through Pod Town and the unique NFT Collectibles Cyber Nekos, Pod Together is a saving game where DeFi users can maximize their earnings from yield farming while having a chance to win big money prizes. It’s a win-win saving game.

About Pod Together

Pod Together is the first brick of Pod Town’s product chain in its Metaverse, where all the entertainment and financial activities gather to maximize their users’ benefit.

As the cryptocurrency world expands, DeFi users should be protected with safe earning methods. Pod Together offers investment opportunities where users can feel safe to entrust with their assets. Everything is built out of trust and the power behind its supportive community.

Empowered by DeFi and blockchain technology, all deposited crypto is grouped via smart contracts, protected by a DAO-centric community, and visualized through the public dashboard. Apart from receiving optimized returns from decentralized financial markets, DeFi users can also enter a weekly lottery draw – where the award grows bigger over time, at no cost.

How Pod Together Works

Pod Together utilizes Grim Finance as the yield optimizer. Users just need to prepare their LP tokens, or use their Cyber Nekos to stake directly into the pool. The earning reward will be maximized via Grim Finance Vaults, then distributed back to the users.

Apart from the farming reward, user can also grow their earnings through the game’s weekly or bi-weekly lottery prize without having to buy any tickets. A part of the farming rewards goes for the prize pool and distributes to the lucky winners.

The odds of winning grow as the deposited amount grows. At the time of speaking, Pod Together reached $50,000 accumulated prizes. This number gets higher as the pool continues its next round.

Pod Together is now live at pod.town. DeFi users can begin to earn and win from their staked tokens. More important, users can simply grow their winning chance by inviting their friends to join.

All FAQs and how-tos about Pod Together can be found at Pod Together BETA. The product is still in its beta stage.

About Console Labs

Pod Together was the first product created by Console Labs, a blockchain-focused development studio and talented female artists.

Initially they debuted with Cyber Neko – a collection of 6,666 uniquely NFT collectibles stored on the Fantom blockchain. Console Labs focuses on building a community for DeFi users with a Zootopia theme – where Cyber Neko is the ticket pass to be a Pod Town Citizen.

Media Contact

• Pod Town Website: pod.town
• Pod Town Discord: discord.gg/pod-town
• Pod Town Twitter: twitter.com/pod_town
• Email: team@pod.so
• Discord: http://discord.gg/pod-town
• Twitter: https://twitter.com/pod_town
• phone : +1 878 212 6109

Cryptotem is a technology-based company that functions on battery rental. The project is to expand the production in the crypto market by getting restaurants, bars, and other entertainment venues to use their devices.

Paris, France–(Vehement Media – November 30, 2021) – Cryptotem announces that it will pay their holders company dividends in Binance Coin (BNB).

The world is gradually becoming a digital hub with a rapid surge in technology. Currently, cryptocurrency’s decentralised and blockchain technology is making waves in finance, payment, and many other industries. Thus, people are coming up with innovative ideas and products regarding cryptocurrency.

Cryptotem is a unique crypto platform that uses the technology in the latest way. It helps keep electronic devices charged and users receive positive earnings by investing in Cryptotem. By affecting how long people in Europe can spend socializing when they rent power banks, this blockchain technology rewards their investors with commissions according to how many tokens they hold.

In a recent development, they have exciting news for their users that International marketing started with prominent YouTubers promoting their exclusive project. Cryptotem APP is at the heart of the project that allows users to rent a power bank using their credit cards.

The APP is meant to be easy to use and minimalist but fully efficient. The APP will be available in a different platform, such as iOS and Android. Additionally, it will be possible to use multiple payment methods. Moreover, The iOS and Android APP is also in progress.

With a total of 10 billion tokens available through Freesale, this project aims to eliminate downtimes resulting from dead phones. Investors with a minimum of 10,000 tokens will receive dividends made by tokenomics each time a user rents a power bank in a bar, restaurant, or other entertainment venues, in real-time. The tokenomics of Cryptotem is 6% marketing/development, 4% holders, and 4% liquidity.

Renting a power bank is as easy as scanning a QR code, and the website features a user-friendly interface for trouble-free navigation. Investors receive dividends on each rented power bank which will go directly into the LP of the token.

About Cryptotem: It is a new generation company that allows investors to collect dividends in real-time. When a user rents a power bank, a transaction takes place in the blockchain, so the investor receives their commission based on the percentage of token they hold.

Interested crypto-enthusiasts can visit https://cryptotem.net/ for more details and energize their world with Cryptotem.

Company Name: Cryptotem
Website: www.cryptotem.net
Email: contact@cryptotem.net

Austin, Texas–(Vehement Media- November 30, 2021) – XoloMetaverse is announcing a token that supports the whole project, $Xolo.

There have been stunning advancements in blockchain with non-fungible token (NFT) and Metaverse developments in 2021. In May 2021, Axie Infinity pioneered the concept of play-to-earn (P2E), spawning a new blockchain sector called GameFi, and turning the play-to-earn craze into a phenomenon, Open Sea, a p2p NFT marketplace has become a monster with over 60% market share of all trade in the sector.

The opportunities to innovate in such a new, yet profitable sector might seem abundant, yet few projects have the required potential to step up in such a competitive market. Xolo is the brainchild of a seasoned group of 3D artists, game developers and blockchain enthusiasts, led by people like Alejandro Aguirre, who has worked on multiple AAA massively known video games, like Darksiders 3 and other games to be soon announced and released on multiple platforms like Sony Playstation and Microsoft Xbox. The team claims that by bringing more A.R. and gaming development experience into a very young NFT p2p marketplace sector, it can create new segmentations and experiences to the already proven digital arts and metaverse markets.

“By bringing VR, game functionalities and narratives into the P2P NFT marketplace segment we can still create new dimensions of interaction and fidelity between artists, users, buyers, creators and the already established crypto community,” says Alex in a recent interview that will be published later this week in their medium channel. “Transparency is key in blockchain projects, if you build publicly, the community will grow, govern and help you with their feedback. At the end of the day, we want this metaverse to be the biggest ever created, and you need users to build with you,” ends Alejandro’s quote on communities, what he believes is one of the project strongest attributes.

Xolo has a token that will support their metaverse in development. The token was stealth launched on the Ethereum Main net on Sunday the 28th of November. After a few hours it had already achieved a cult following in the community. The team aims to develop an open world, virtual reality with game-like functionalities for the p2p marketplace segment, where open sea is already established, users will be able to mint an avatar and personalize it to walk this art world to socialize, create their own galleries, and buy, trade and earn NFTs.

The team is collaborating with a major 3D hardware company to allow its users to mint in the metaverse any object of their creation, be it for the avatar or metaverse personal gallery. Allowing regular users to create 3D digital pieces from physical assets and import them into a metaverse is quite innovative and daring. “Social interaction and human touch will always be the main driving force of any world, be it in the digital or the physical,” says Alejandro. “But one thing is for sure, we haven’t yet seen the full potential of the NFT and Metaverse markets, with projects like Xolo, it leaves you to wonder how far it will go.”

To lean more about this project, visit their medium, website and social media:

https://medium.com/@xolometaverse
https://www.xo-lo.com/
https://t.me/xolo_metaverse

Media Contact:
Xolo Metaverse
Meta@xo-lo.com

Dubai, United Arab Emirates–(Vehement Media – November 30, 2021) – Lately, there’s a strong enterprise interest in the Metaverse, that consumer brands see as the next big catchment area for customer acquisition. Therefore Polytrade is looking forward to developing a product that will enable enterprise transactions in the Metaverse.

One of the smallest market cap tokens to list on Kucoin and one of the top gainers in DeFi on trading charts, Altcoin ranks in the top 20 on Lunarcrush, a series of exchange listings and MVP unveils at the World Blockchain Summit in Dubai** – the list of accolades goes on. Q4 of 2021 has indeed been an eventful quarter for Polytrade. But, it’s the foray into the Metaverse that makes the mix all the more eclectic as the company aims to develop a protocol to govern enterprise-to-enterprise and enterprise-to-individuals transactions on the metaverse.

The lending pools of Polytrade will use gamification as one of their core underlying philosophies to address the need-gap in metaverse transactions with pseudonymous identities, online reputation management, identity validation and payment management. With this move, the buzzword GameFi is all set to adopt a new meaning and gravitas.

For a DeFi crypto lending platform that aims to meet the working capital needs of SMEs in developing economies, this is a major yet natural progression that was imminent. With the MVP live on Testnet and development in full swing towards a Mainnet launch in January, their pursuit of improving livelihoods of small & medium scale enterprises in developing economies and thereby impacting global trade is already on the right track. The co-founder and COO of Polygon, Mr. Sandeep Nailwal, has been quite bullish on Polytrade as he made his views public at the India Crypto Summit* earlier this year. In fact, it was Sandeep and Piyush, who identified the opportunity in the Metaverse space for enterprise-to-enterprise transactions during their meetup at World Blockchain Summit with Polygon set to be onboarded as the first customer for Polytrade Meta.

Key partnerships have been forged with Formation (a calibrated risk-return platform for lenders), Polygon (the blockchain on which Polytrade is built), Chainlink (the pricing oracle for real-time price feeds), Venly (for user wallets on the dapp), Unreal Finance and many more. Real-world strategic tie-ups with Global Trade Review for visibility in the Trade Finance world and MoU with Marco Finance, a company focused on SME lending in LATAM markets, for access to a new market have been secured, making Polytrade’s real-world intent a clear and present agenda. All of this is powering Polytrade to launch its MVP at 10:10:10 hours UTC, 10th of January 2022.

Reference links:

* Sandeep Nailwal speaks about the promise of Polytrade – https://youtu.be/6VaUrK4n2yk?t=85
** MVP unveil at World Blockchain Summit – https://finance.yahoo.com/news/polytrade-unveil-minimum-viable-product-113000352.html
https://www.coinspeaker.com/polytrade-mvp-world-blockchain-summit/
https://youtu.be/Gv0vE1_jUzc

Contact:
Ashutosh Sahoo, Chief Growth Officer
ashutosh@polytrade.finance

Media Contact:
Name – Somnath Karmakar
Website – News Coverage Agency
Email – touch@newscoverage.agency
Telegram – News Coverage Agency

Luxembourg, Luxembourg–(Vehement Media – November 30, 2021) – With the announcement of the Elevation Capital Fund, Elevation Technologies has brought a disruptive transformation in the trading world. The most minute errors can cause significant losses in the market, and the elimination of such was practically impossible before this advent in technology.

Elevation technologies (London) the creator of the Automated Algorithm Trading System (AATS) confirm that their proprietary system has officially removed all human error during trading processes, even in the volatile markets.

Thanks to this achievement they announced the opening of Elevation Capital Fund (Luxembourg-AIF no A00003001) ready to execute the former impossible goal of a complete autonomous trading, that can perform aggressively and defensively in the world’s most fluctuating markets.

“For over 5-years, we managed AATS accounts for investment banks,” said a company spokesperson. “Testament to our hard work and invaluable market experience, we are confidently launching the Elevation Capital Fund to the investor community with a system that has no human flaw potential, a rather revolutionary day in the world of trading.”

The algorithm machine learning design is creating ultimate tradability options with smart rotation strategies, with a focus on forex cross currency pair, and in parallel on stocks indices/ bonds/commodities and energy futures.

Developed via a team of brilliant mathematical brains and algorithm experts, leveraging testing strategies without interruption, The Elevation Capital Fund is here to set the international algorithmic trading standard.

“The launch of this fund marks the realization of our ambition and commitment to this project,” said the spokesperson. “We have engaged in five years of streamlining our own proprietary machine learning platform, automating algorithmic trading, and delivering well above market average profits month-over-month.

“All qualified investors, are invited to join us in this new paradigm of AATS, one that presents an investment opportunity they have never-before accessed.”

For more information, please email media@elevationcapitalfund.com.

Media contact:
Elevation Technologies
Email: media@elevationcapitalfund.com

Frankfurt , Germany–(Vehement Media  – November 29, 2021) –  Rocket Network, an innovative ecosystem, is preparing to launch its peer-to-peer deflationary cryptocurrency, allowing online payments to be sent directly from one party to another without using an intermediary.

Rocket network is built on the scalable Binance Smart Chain (BSC). The Rocket network has developed a well-structured code architecture that gives the network an excellent feature, deflation, by leveraging the smart chain’s full-fledged environment for developing high-performance decentralized apps. According to their website, Rocket Network is dedicated to developing a crypto asset that can serve as a long-term inflation hedge or a dependable store of value.

Rocket Network also offers fast and low-cost transactions thanks to the Binance Smart Chain (BSC). In addition, the Rocket Network features efficient native dual chain communication optimized for scaling high-performance dApps that require a fast and smooth experience.

Rocket Network employs a system of 21 validators with the Proof of Staked Authority (PoSA) consensus, allowing for excellent transaction speed at a minimal cost. In addition, the proof of Staked Authority enables users to acquire the right to become validators, providing incentives for them to stay in their positions.

The Rocket Network is committed to making RNK coin a “user-centric” token by making it simple to exchange on a volatile market at a low cost. According to their website, the RNK token private sale will end soon, and users can gain early adopter benefits by purchasing the token before it is listed on any exchanges.

The RNK coin is dedicated to realizing its vision of becoming a decentralized traded cryptocurrency in order to help people get out of poverty. The ecosystem is reported to have over 9000 holders looking to capitalize on the massive investment opportunities. The project seems positioned to be a long-term success and a convenient and cost-effective choice for users to make dApp transactions cheaper.

To learn more about this project, visit https://rocketnetwork.live/
Twitter: https://www.twitter.com/rnkcoin
Telegram: t.me/rocketnetworklive

Media Contact:
Rocket Network
Email: rocketnetworkceo@rocketnetwork.live

Frederick, Maryland–(Vehement Media  – November 29, 2021) – Shibnobi (SHINJA) is an innovative deflationary token aiming to revolutionize DeFi, introducing a multi-chain swap (DojoSwap) across Ethereum (ETH), Binance (BNB), and Polygon (MATIC).

Led by developer Cliff Fettner, Shibnobi focuses on developing a user-friendly multi-chain swap in the DeFi ecosystem, having rewards for the early participants. Its vision is to grow Shibnobi into the leading DeFi protocol, a one-stop-shop for all traders on EVM-compatible networks, and usher in an era of user-friendly and intuitive cryptocurrency trading for DeFi novices and experts alike.

On 15 November 2021, Shibnobi launched on the Ethereum (ETH) network, listed on both Uniswap and FegEx, and has scheduled upcoming launches on the Binance Smart Chain (BSC) in December 2021 and Polygon (MATIC) in January 2022.

DOJOSWAP:

DojoSwap is conceptualized to address the lack of user-friendly tools across EVM-compatible networks in DeFi. DojoSwap will be built on a decentralized AMM system leveraging liquidity pools powered by users to enable seamless crypto trades across multiple chains.

Instead of dealing with an order book, or utilizing multiple exchanges on different networks (i.e. Uniswap on Ethereum, PancakeSwap on Binance, and QuickSwap on Polygon), users can swap their tokens directly on DojoSwap regardless of which network they are trading on. This will be achieved through the upcoming launches of Shibnobi (SHINJA) on both BSC and Polygon, along with bridging.

Users will have the ability to stake their tokens in the liquidity pools and earn growing rewards traditionally made exclusive to the middlemen of centralized exchanges. Liquidity providers will also have the option of staking their LP tokens in secured pools to receive additional rewards.

ECOSYSTEM ROADMAP:

• Launch on Ethereum – Achieved: https://app.uniswap.org/#/swap?outputCurrency=0xab167e816e4d76089119900e941befdfa37d6b32
• Launch on Fegex – Achieved: https://fegex.com/trade/eth/0x6e892da9FAA00Aa3f17D6C70431f8d0D4123B0a3
• Techrate Audit – Achieved: https://github.com/Shibnobi/SmartContract/blob/84571fa20cc3b6936e18523a971e8f7a69cec9bf/TechRate/Shibnobi.pdf
• Certik Audit: https://www.certik.com/projects/shibnobi
• Launch on Binance Smart Chain (BSC) – December 2021
• Launch on Polygon (MATIC) – January 2022
• Shibnobi Bridge – December 2021
• Shibnobi NFT Sale – Q1 2021
• CEX Listings – December 2021 onwards
• DojoSwap.Ninja V1 – Q1 2022
• Shibnobi (P2E Game) V1 – Q3 2022

SHIBNOBI (SHINJA) TOKENOMICS:

SHINJA is the native token of DojoSwap with a total supply of 69 sextillion tokens. Total supply is broken down as follows:

• Team and founders: 7% locked in for 1 month
• Token sale: 12% (Vested with distributions over 8 weeks)
• Partnerships and exchange listings: 28%
• Ecosystem (staking, scheduled burns, etc.): 40%
• Uniswap: 13%

SHINJA is a deflationary token that gives users real-time value and rewards, with a 13% transaction tax:

• Liquidity pool: Price appreciation through a 5% tax distributed to the liquidity pool.
• Marketing and development: 5% tax used to promote and grow the Shibnobi ecosystem.
• Instant-staking: Passive income for SHINJA tokens holders by way of a 3% reflection tax.
• Scheduled burns: >34% of the total supply burned since launch, with upcoming burns making SHINJA deflationary.
• ABOUT THE TEAM – DEMOCRATIC ACCOUNTABILITY:

  Shibnobi is led and developed by CEO Cliff Fettner, a blockchain and fintech expert with over 25 years of experience in software engineering. Core team members include Chief Marketing Officer (CMO) Ell Ceee, and graphics designer André Santos.

  The core team is fully doxxed to the Shibnobi community, and have also undergone KYC with external third-parties (https://app.airnfts.com/nft/SHIBNOBICOM_1637602211268). Lead developer Cliff Fettner has embraced an ethos of democratic accountability, which has fostered high levels of trust and transparency within the community.

  The Shibnobi team seeks to change the game, by destroying the plague of anonymity and uncertainty in the decentralized web, aiming to be the rare MEME Coin in existence that will be transparent and fully secure.

  More about the Shibnobi Project:

  • Website: www.shibnobi.com
  • Twitter: https://twitter.com/Shib_nobi (@Shib_nobi)
  • TG: https://t.me/ShibnobiCommunity
  • Discord: https://discord.gg/Shibnobi
  • Facebook: https://www.facebook.com/Shibnobi
  • Instagram: https://www.instagram.com/shibnobi/
  • Medium: https://medium.com/@Shibnobi
  • Reddit: https://www.reddit.com/r/Shibnobi/
  • YouTube: https://www.youtube.com/channel/UC7MnEOIBPCnl_KeLlxy7qTg
  • Etherscan: https://etherscan.io/address/0xab167e816e4d76089119900e941befdfa37d6b32
  • Github: https://github.com/Shibnobi
  • Email: admin@shibnobi.com

  BSCScan: https://bscscan.com/address/0xc3ffb967a8aaecd3027464699e00b17e91afee02

  Media contact

  Company: Shibnobi
  Contact Name: Cliff Fettner
  Address: Maryland, US
  E-mail: admin@shibnobi.com
  Website: http://www.shibnobi.com/

A centralized dashboard for crypto investors to track all their dividends in a single place

Jakarta, Indonesia–(Vehement Media – November 29, 2021) – Doken introduces the Dividend Hub – a place for all crypto investors to track their reflection in a single dashboard. A one-of-a-kind project that is already breaking records. Doken Token Coin has been breaking records. It is one of the first to provide that many utilities in such short time, what’s more, Doken recently crossed the mark of 2200 holders and is getting back to its 1M market cap (ATH at 2M market cap) in less than a month of launch. The holders of Doken have already received $185 000 $BUSD just in rewards. The project was listed with CoinGecko and CoinMarketCap a few days after the launch.

Doken comes with a lot of utilities, and is not just “a meme coin”. The Company recently launched the Dividend Hub, and will also provide staking in the next few weeks.

Crypto investors in today’s world have access to numerous projects that offer reflection as a reward of holding a token. However, most of these projects come with broken rewards dashboards. Some don’t even have a dashboard to keep track of rewards. That’s where Doken – Dividend Hub comes into play.

Any dividend token out there will be able to use Dividend Hub and develop a dashboard effectively. Those investors who are already registered as developers will only need to enter their token addresses and they will be directly taken to the rewards dashboard page of Dividend Hub.

The process of registering a project with Dividend Hub is quite easy. Dividend Hub provides the chance to get hold of a dashboard instantly within the website. As of now, Dividend Hub is supporting smart contracts, which are implementing the DoKEN Dividend Hub Interface. In the future, Dividend Hub will provide support for many other projects. If a project is already created with a different interface, it is possible to create a proxy contract and register with Dividend Hub. The proxy contract will act as the middleman in this situation.

There is a simple three-step process to register a project with Dividend Hub. Anyone can start this process by entering the token CA or proxy CA. Then it will do a compatibility check and finalize the integration. At the end of this process, Dividend Hub will create a comprehensive dashboard for tracking and claiming dividend rewards.

The Dividend Hub project was recently launched, and it doesn’t want to function only as a hub for dividends. In the near future, Dividend Hub will be introducing limit swap functionality. This functionality would benefit everyone who wants to set limit order and does not have time to watch charts every minute. Moreover, Dividend Hub will be offering numerous other utilities for users in the future as well.

Price and Market Information about Doken: With a 24-hour trading volume of $25 000, the price of Doken is $0.00000105 as of 24 Nov 2021. PancakeSwap (v2) is presently the most popular trade for buying and selling Doken Token. Doken Token is a Binance Smart Chain-based decentralized cryptocurrency token.

Dokenomics:

Daily Passive Income Doken: 8% $BUSD Reflections
BuyBack & Burn: 1%
Circulating Supply: 826 599 999 882
Liquidity: 2% and lock for 2 years
PancakeSwap/Poocoin: Navigate to PancakeSwap or Poocoin and enter the token contract address: 0xf9A2d40589271Be17612A3F57A9028A568f56e3d
Tolerance for Slippage: Slippage tolerance set from 15% to 16% is suggested

Many analysts and cryptocurrency gurus are identifying Doken Token as one of the best investment in the cryptoverse for 2021 and 2022.

Find out more by joining one of Doken Token’s already active communities:

Twitter: https://twitter.com/dokentoken
Contract address: 0xf9A2d40589271Be17612A3F57A9028A568f56e3d
Telegram: https://t.me/dokentoken
Reddit: https://www.reddit.com/r/dokentoken/

Media Contact:
Phone: +1-956-534-2137
Company: Doken
Website: https://doken.exchange/dashboard

Singapore, Singapore–(Vehement Media  – November 29, 2021) – MetaversePro, a fork of Olympus DAO, is launching a metaverse reserve currency. It is built to operate on BSC.

The Value Proposition of MetaversePro

Over the past year, numerous projects took off on BSC, covering everything from NFT sales to GameFi and DeFi solutions. As the developers of MetaversePro see it, GameFi offers the most natural entry point for a metaverse reserve currency.

For that reason, one of the key goals of the project is to provide GameFi developers with the support they need to build and launch new projects. It plans to offer itself as a platform for launching new assets, purchasing necessary GameFi infrastructure (like NFTs, NPCs, and Tokens), and securing startup funding.

By building relationships with GameFi projects at their inception, MetaversePro hopes to gain a foothold within the worlds they create. The idea is to speed the adoption of the META token across as many GameFi projects as possible, thus uniting them all together into a single coherent metaverse economy. And to get there, MetaversePro is already beginning to lay the necessary financial groundwork.

How MetaversePro Works

Because MetaversePro is a fork of Olympus DAO, it shares many of its core tokenomics. These include:

• Each META token is backed by a deposit of $1 worth of BUSD, which is the predominant stablecoin on BSC today.
• Only the protocol itself may mint new META, and the process is autonomous.
• The protocol will act to maintain price parity by issuing new META or repurchasing and burning META as needed.
• META has no rebase mechanism, and all new tokens go straight into circulation and repurchases come directly from the open market.
• By putting those mechanisms to work, MetaversePro maintains the stability of META. But that’s not all it has in common with Olympus DAO.

  MetaversePro also makes use of protocol-owned liquidity (POL), which is one of the major innovations introduced by Olympus DAO. It’s a mechanism whereby the platform owns the assets that guarantee its liquidity. Because those assets earn liquidity pool fees, the platform’s liquidity is self-perpetuating.

  On top of that, MetaversePro also functions as an investment vehicle through its staking system. In it, holders of META can stake their assets to generate long-term passive income. And those investments receive protection from the automatic rebalancing of the currency’s value.

  Connecting to the Metaverse

  There’s one more major function of MetaversePro that it shares with Olympus DAO. It features a bond issuing system that serves as the main income source for its treasury. And in MetaversePro’s case, it’s the way the platform will integrate with existing and upcoming metaverse projects. The platform is capable of issuing flexible-term bonds to meet the needs of individual projects, all while delivering profits back to the treasury.

• Because MetaversePro is a community-driven project, the bond rates are set by the platform’s stakeholders. That means that participants have an active say in how the bond issuance system works and how much profit it will produce for the platform as a whole. To start, MetaversePro will offer two primary bond types, which are:
  • BUSD
  • META-BUSD LP

  Together, the two bond types make it possible for users to secure the capital needed to meet launchpad requirements, carry out NFT drops, or satisfy MetaversePro Whitelist roles.

  The Road to Launch

  MetaversePro has already published a roadmap that puts it on track to complete its launch next year. And it has a substantial head start over any potential competitors. Because it’s based on the smart contracts that power Olympus DAO, the developers didn’t have to build the platform from scratch. And that also means that the code that will power MetaversePro is already vetted and known to work as intended with no security vulnerabilities.

  For that reason, the developers expect to have the platform’s DAO online before the end of this year. They also expect to initiate the platform’s first two long-term investments and increase the platform’s bond offerings to a total of four or five types. Those milestones should lead into 2022, during which the developers intend to launch the platform’s lending function and launchpad, as well as to conduct an NFT drop.

  Media Contact:

  Company Name: Metaverse Pro
  Contact Name: Hasan Saleem
  Email: contact@metaverse.pro

  

London, United Kingdom–(Vehement Media – November 29, 2021) – Scallop‘s mobile banking application soft launches today, 29th November 2021, across all 27 countries in the European Union. The Scallop App will initially soft launch – with 4 of Scallop’s 10 products; banking accounts, digital cryptocurrency wallets, fiat to crypto exchange and Ledger Hardware Wallet integration. The remaining 6 products – Scallop Debit Cards, Scallop Pay, Earn Accounts, Multi-Currency Wallets, NFT Marketplace, Scallop Chain – will be rolled out in the upcoming months by Q1 2022.

Scallop will provide banking accounts with full IBAN codes to residents of the 27 European Union countries. Users can make use of the accounts for daily activities such as receiving salaries, setting up direct debits and sending/receiving money to anyone, anywhere in the world.

Crypto-focused users can make use of the direct link between Scallop’s banking accounts and Scallop’s digital crypto wallet or Ledger manufactured hardware wallet for seamless exchange between fiat and crypto, and vice versa – thus removing the need for multiple intermediary third party platforms or exchanges. By expediting the process of crypto to fiat conversion, Scallop envisages to bring cryptocurrency adoption further mainstream, as it allows users to almost instantaneously access their digital funds and use them for daily transactions.

The app launch follows just one month after Scallop’s token (SCLP) launch which successfully debuted in the first ever Initial Blockchain Offering (IBO). The SCLP token can be used to access various products, features and rewards within the Scallop App. For example, users can obtain exclusive Elite Membership by staking $2500/month of SCLP.

SCLP is also the gas fee for Scallop’s own blockchain – Scallop Chain. Gas fees are paid by users who trade cryptocurrencies on the platform and use Scallop’s in-built on/off ramp for fiat and cryptocurrency conversions. Institutions can pay management fees on the platform in SCLP too. Scallop Chain is scheduled to go live in Q2 2022, with the testnet launch rumoured to be out by the end of Q4 this year.

Raj Bagadi, Founder and CEO of Scallop, said:

” We’ve worked tremendously to reach this point and we’re extremely excited to finally soft launch the Scallop App. This is an important step in our trajectory, as we aim to bring digital assets to mainstream use by providing the tools for adoption. The launch will offer European crypto users a far more efficient way to manage their digital assets and actually use them in the real world. We have already begun processes to onboard users to our innovative platform across all the countries in which we are going live.”

About Scallop

Scallop is a one-stop solution for crypto and banking services. Scallop aims to bridge traditional and decentralized financial worlds and promote the general usage of digital assets by providing the tools for adoption.

Official Scallop Links

Website: https://www.scallopx.com/
Medium: https://medium.com/scallopx
Twitter: https://twitter.com/ScallopDefiBank
LinkedIn: https://www.linkedin.com/company/scallopx/
Telegram: https://t.me/Scallop_Official
ScallopLight: https://tinyurl.com/scallop-light

Media Contact:

Karampal Singh
Email: karampal.s@scallopx.com
Company: Scallop Group Limited