Hong Kong, China–(Vehement Media. – December 10, 2021) – Dvision Network has announced about the cooperation with the Republic Realm, through the LAND NFT investment made by the latter. Republic Realm is considered to be the biggest digital estate investment fund, mainly owing to the acquisition of a massive $4.3 million virtual property piece in Sandbox, which is in fact a record sale. Through LAND Acquisition, Republic Realm strives to make investments in some of the most forward-thinking metaverses. Republic Realm obtained the biggest LAND Lots in Axie Infinity, Sandbox, Somnium Space and Decentraland, and now it has purchased the largest portion of the LAND Lots in Dvision Network.

Dvision Network can be understood as a multichain metaverse platform developed on top of the Ethereum Network and linked to the mainnet of BSC. It is supported by DVI, the native token of the platform, which offers users with utility and governance privileges. As a result, Dvision is separated into three key platform pillars: Meta-City, Meta-Space, and NFT Marketplace.

Purchasing Virtual Property

Ever since the popularity of the metaverse skyrocketed this year, many companies around the world have been trying to make viable investments into this new digital frontier. It could even be said that the company is rapidly approaching the global implementation of Web 3.0, which shall presumably revolutionise the current digital landscape and change how our world functions.

Republic Realm therefore wants to be a part of this digital revolution, and it has thus acquired 18 premium 3×3 LAND NFTs within Dvision Metaverse. As of right now, the minimum value for these LANDs is roughly $40,000 per NFT, implying that Republic Realm has $700,000+ in Dvision NFTs.

Moreover, the incorporation of the Dvision Network with the Republic Realm portfolio reinforces the notion that the Dvision Metaverse, together with Axie Infinity, Decentraland and Sandbox, is currently among the most well-known blockchain-oriented projects.

Dvision gets increasingly involved

Dvision has already held a LAND SALE on its marketplace as well as two additional partner platforms, Binance NFT as well as NFTb. The LAND Lots had all been sold out in a matter of minutes, as per the official release, with Binance NFT completing the deal in a single second. Also, the price range regarding LAND NFTs these days is said to be trading at about 700% appreciated price on the secondary marketplace, Refinable, for the basic 1×1 LAND NFT. 

Media Contact –
Name: Boburjon Muydinov
Email: official@dvision.network
Company: Dvision Network

Milan, Italy–(Vehement Media. – December 10, 2021) – DOGEDI team is pleased to announce its listing on PancakeSwap, after which it started trending, launched on Pancakeswap on December 7th, it was listed on Coingecko and Coinmarketcap in less than 12 hours. While there are Rewards planned with Christmas in mind, through BNB for the holders.

Dogedi Token

Dogedi is the first token inspired by the Star Wars universe. The team attempts the idea of taking the iconic Doge and making him a Jedi master. The graphic impact of the entire project is studied in detail and captivating as well.

Security Measurements

Dogedi team aims at the security, to make the project transparent and comfortable to join, and that through getting a double KYC audit verified by Solidproof and Pinksale. The contract is deployed and verified on BSC and also audited by Tech Rate as well as by Audit Rate Tech.

Dogedi Features

The features are kept simple yet meaningful by the team, it comes with Auto-Claim feature, which rewards the users, every hour.

And then comes the Auto-Boost system, (which is also called, Deathstar Protocol) and a strategic buyback function, which includes a repurchase fee of 6%. In addition to this, the project includes periodic Burns that will help increase the value of the token.

The Dogedi Vision For The Future

To begin, the technical department is working on a series of implementations related to the world of NFTs. With their aim to ensure that the NFT marketplace will soon have full integration into the Dogedi Card Game.

Dogedi is aiming to reveal the trailer after finishing the private sales. The current insights revealed includes that it will be integrated into the new FACEBOOK METAVERSE (marketplace for cards but also battles between players in virtual arenas with VR) and that it will be an NFT collectible card game, with which users can challenge each other and which will have different levels of power and skill depending on when the card is purchased. The cards will be possible to purchase via Dogedi Token.

The Dogedi Charity

In addition to the card game project, Dogedi will also deal with charity. As animal lovers, their team plans a series of initiatives in which the community will actively participate (with surveys and other activities) to support associations that deal with saving and relocating abandoned animals, which as everyone knows during the Covid-19 epidemic are increased exponentially.

Dogedi has been launched on Pancakeswap on December 7, and is already listed on CoinGecko and Coinmarketcap.

Important Links:

BSCScan: https://bscscan.com/token/0xDc49d53330317cBc6924fA53042e0C9bCa0A8d63
TechRate Audit: https://github.com/TechRate/Smart-Contract-Audits/blob/main/December/DOGEDI%20Full%20Smart%20Contract%20Security%20Audit.pdf
Solidproof Audit: https://github.com/solidproof/kyc-certificates/blob/main/KYC_Certificate_DOGEDI.png
Auditrate: https://github.com/AuditRateTech/Smart-Contract-Audits/blob/main/DOGEDI_0xDc49d53330317cBc6924fA53042e0C9bCa0A8d63.pdf
Pinksale KYC: https://www.pinksale.finance/#/launchpad/0x669E71614E25285072783A80276054E14fe3376B?chain=BSC
Blockcast AMA: https://blockcast.cc/interviews/blockcast-cc-interviews-mark-towelie-project-manager-of-dogedi-a-token-from-a-galaxy-far-far-away/
DOGEDI Presentation: https://www.youtube.com/watch?v=qtf2SqUWmvc&t=6s&ab_channel=DOGEDI

Media Links:

Facebook: https://www.facebook.com/Dogedi-TOKEN-104232852078319
Twitter: https://twitter.com/DogediToken
Telegram: https://t.me/dogeditokenofficial
Reddit: https://www.reddit.com/r/Dogeditoken/
Medium: https://medium.com/@dogeditoken
Instagram: https://www.instagram.com/dogeditoken/
YouTube: https://www.youtube.com/channel/UComNcnWGz8gJdApS8znF8rA

Media Contact:

Company: Dogedi
Contact Name: Mark Towelie
E-mail: marketing@dogedi.com
Website: https://dogedi.com/

Tallinn, Estonia–(Vehement Media. – December 10, 2021) – Do.Exchange (DOEX) is immensely proud to unveil a short preview of their AMM-based DEX trading terminal. The preview (exclusive to early project backers) is the first attempt to showcase DOEX’s delivery on promises and showing solutions that benefit all stakeholders within the Cardano ecosystem.

Due to popular demand, DOEX has adopted a professional look for their user interface, featuring a variety of useful tools for crypto traders and enthusiasts presented in their favorite teal and black color palette. The dashboard features a number of unique panels which present useful information, enable various platform-specific functionalities, or display query-specific analytics.

The charts on the left-hand side help to visually illustrate the current market situation at a glance, as well as the performance of users’ crypto portfolios, reflected through accurate, up-to-date market prices. Meanwhile, the dashboard panel on the right-hand side enables all crypto traders and enthusiasts to make swift transactions, exploiting gaps in the market in real-time. Naturally, Nami wallet integration is part of the design and provides all market participants with a smooth and hassle-free transaction experience.

As this is only a sneak peek, the preview ends here. That being said, this is only the beginning – future previews will also include explorations of Staking and Analytics UX/UI, as well as a few other functionalities DOEX has been keeping hush about. Stay tuned for more updates!

Public sale on ExMarkets Launchpad

The DOEX public sale on ExMarkets Launchpad will kick off on December 13, 12:00 pm (GMT+2) and run until December 27, 12:00 pm (GMT+2). 

Token sale fundamentals:

• Ticker: DOEX
• Price: $0.15 USD
• KYC: No
• IEO Start date: 2021-12-13 12:00 (GMT+2)
• IEO End date: 2021-12-27 12:00 (GMT+2)
• Total token supply: 140,000,000
• Available for sale: 16,800,000
• Hard cap: $2,520,000 USD
• Payment options: USDT ERC20, ADA, ETH, BTC, USDC

Mark the date! Also, remember to open an account on ExMarkets before the IEO goes live. For more information about the product, visit Do.Exchange. Any questions? Feel free to message DOEX on the ExMarkets Telegram Group!

Website | Twitter | Telegram | Medium| Facebook

About DOEX:

DOEX is an AMM-based DEX for Cardano-native assets, facilitating non-custodial, efficient and completely trustless financial transactions between market participants. DOEX has ambitious long-term expansion plans and is on a mission to ensure interoperability across chains by enabling seamless swap of tokens between the Cardano blockchain and Ethereum via a fool-proof bridge or converter. DOEX is a uniquely community-driven protocol, solving many of the issues plaguing other DEXes within the ecosystem while ensuring ample liquidity within the Cardano ecosystem and maximizing value for its users.

Twitter | Telegram | Discord| Website

For more information, please contact sales@do.exchange.

Abu Dhabi, United Arab Emirates–(Vehement Media. – December 10, 2021) – Proof of Fusion is an impact-driven organization that focuses on the world’s most important causes while creating a better future for humanity through blockchain technology. In partnership with BigCityBeats, the inaugural Proof of Fusion event taking place trackside during Formula One this weekend on Yas Island will formally announce the launch of Space Club Kitchen invented by Bernd Breiter, the first international, global and orbital event connecting restaurants and kitchens around the world with the International Space Station (ISS) to inspire one of the biggest food donations in history and serve over one billion meals to those in need in a single day. Space Club Kitchen will take place in March of 2022 and live stream from the ISS to more than 50 iconic event locations around the globe to billions of viewers in what is predicted to be the largest humanitarian activation in modern day history. Space Club Kitchen has partnered with the largest chef association in the world to work with over 12.5 million chefs who will cook the same recipe alongside over 50 celebrity chefs while streaming live with astronaut, Dr. Matthias Maurer and his space colleagues from the ISS.

“We bring the whole world to one table and thus unite through the two universal languages: Music and Culinary, all of humanity,’ – Bernd Breiter, CEO and Founder of BigCityBeats.

In the renowned Emirate of Abu Dhabi, Proof of Fusion is bringing together global leaders in blockchain, investment, charity and government alongside recognized celebrities and entertainers to create a one-of-a-kind experience for its inaugural event taking place, the Rich List Terrace at W Hotel on Yas Island tomorrow evening, Saturday, December 11^th during the historic Formula One race weekend.

The organization has brought together the most well-respected and recognized partners to put on this unique experience creating a network effect guided by the top ‘network of networks’ organizations in the fields of sport, investment, blockchain, media, and entertainment. Fittingly, the Title Sponsor of this inaugural event is Unbounded Network, a decentralized platform that brings leading blockchain technologies, organizations and projects together. Unbounded Network connects users, apps and ecosystems across multiple blockchain networks in a seamless way and is about to show-case its cross-chain Unbounded Wallet{TM} at the event.

Proof of Fusion’s ‘network of networks’ initiative has guided the organization to activate the sports and entertainment ecosystem through (i) Formula One which playing host to the its first event, (ii) the DAVOS ecosystem through Richard Strombeck, co-Founder of Neoflow Asset Management, (iii) the blockchain ecosystem through Draper Goren Holm and (iv) the media ecosystem through an exclusive strategic media partnership for the Middle East with ITP Live. ITP Live is a subsidiary of ITP Media Group, the largest media company in the Middle East, with a portfolio of more than 75 brands, over 225 iconic events per year and a monthly audience reach of 104.6 million in the Gulf Region and beyond. Disruptive World is a strategic partner of Proof of Fusion to provide additional support with incubating and accelerating all aspects of the greater organization.

“We have chosen to host our first-ever Proof of Fusion event in Abu Dhabi because the UAE is a melting pot of international cultures and is globally recognized as a leader in driving technology and cultural initiatives that support a better future for all of humanity. With the UAE’s 2030 vision of building an open, efficient, effective and globally integrated business environment, we are well aligned and in sync with all that the UAE stands for in its mission as the global hub for the Fourth Industrial Revolution,” said Evan Klassen, co-Founder of Proof of Fusion.

The Founders of Proof of Fusion, Evan Klassen (international investor and serial entrepreneur), Matthias Mende (Founder of the Bonuz Market) and Bally Singh (Founder of Richlist) are excited to launch this event and activate global ecosystems to further humanitarian causes through world leaders, innovators and new technologies.

Surprise celebrities will be announced as well as new partnerships throughout the star-studded evening Saturday, December 11^th.

About Proof of Fusion

Proof of Fusion is the alchemical crucible for co-creating magic at the intersection of all noble pursuits. Proof of Fusion is a one-of-a-kind event studio that brings entrepreneurs, thought leaders in blockchain, crypto and NFT, philanthropists, visionaries, entertainers, artists, investors and government leaders together for unique experiences that all revolve around changing the world for good and creating a better future for humanity. Learn more at www.proofoffusion.com, www.instagram.com/proofoffusion/.

For press related inquiries, please contact:
media@proofoffusion.com

Abu-Dhabi, United Arab Emirates–(Vehement Media. – December 10, 2021) – Unbounded Network Foundation is proud to sponsor a star-studded event held on December 11th at the Yas Marina Circuit in Abu Dhabi, during the F1 race weekend to demonstrate the potential of merging the world of cryptos and NFTs with Sports, Technology, and Entertainment.

The creation of Unbounded Network stemmed from the urge of connecting resources, knowledge, and intelligence beyond any boundaries, the same urge that pushed its founder, Jonathan Levi, an early blockchain entrepreneur, to embark on a professional and personal journey of transition from building isolated proprietary systems for banks and other financial institutions to building shared marketplaces with highly collaborative tools.

Since its foundation in 2018, the highly scalable, decentralized, and cross-chain Unbounded platform helped to connect users, apps, and ecosystems across multiple blockchain networks, even when they reside on different clouds, and gradually connected multiple blockchains together. Unbounded created a hybrid model of public and permissioned access control management that enables the best-of-all-worlds blockchain experience, for users and developers alike.

“Unbounded looked at the world without the bounds and beyond sectorial logic made of crypto silos and watertight compartments,” explains Levi. “And this vision became stronger and more essential once the global crisis generated by the COVID-19 pandemic proved the detrimental toll of isolation, siloes and lack of connectivity. There is a better way.“

Around 3.4 billion people were locked down, forced to go through very tough measures (expensive PCR tests, varying numbers of vaccines, and stressful lifestyle changes) – in order to travel again, to see their loved ones. In other words: just to connect with others.

The World has learned that the power of togetherness comes to play at a larger impact when resources are shared and made accessible to everyone, especially on a global scale. That is exactly Unbounded’s mission: EVERY NETWORK. CONNECTED.

Because creating fusion is at the heart of Unbounded’s vision, the Company recognizes the ground-breaking value of an event like ‘Proof of Fusion’ that brings together different worlds that open up to connect on many levels. The worlds of cryptos and NFTs merge with Sports and Entertainment to unfold the magical potential that only sharing and alchemy of different disciplines can generate.

This is why Unbound is proud to be the main sponsor of this event, which shares Unbounded Network’s open mindset and ultimate mission of creating a better world through innovative crypto technologies, networking, and empowerment of individuals and entire communities.

During the ‘Proof of Fusion’ event, Unbounded is going to showcase the upcoming Unbounded Wallet and its integration with MiPasa – the collaborative data science platform as well as with Papillon – the collaborative web-based, cross-chain, development tool.

Sign up here to apply for early access to the Unbounded WalletTM beta program.

MEDIA CONTACT:

EMAIL: Media@unbounded.network

Abu Dhabi, United Arab Emirates–(Vehement Media. – December 10, 2021) – Renowned for its highly ambitious investment projects in banking, commercial real estate, engineering, and medical equipment, the ICICB Group aims to be a game-changer in the decentralization movement. And what better way to showcase their grandiose plan of launching the fastest Blockchain in the world rather than at the F1 Grand Prix in Abu Dhabi?

The ICICB Group will make its appearance at the racing event by renting an entire floor at the W Hotel – Yas Island, located right next to the track, and offering their established F1 enthusiasts a breath-taking view. Nevertheless, the reputable investment conglomerate will be hiring a private yacht for its well-distinguished guests during the event’s three days.

Introducing the ICICB Chain

It won’t be all just fun and games, although there will be a significant focus on gaming. The primary purpose of ICICB Group’s presence at the Abu Dhabi Grand Prix will introduce the Atari Chain and develop a network of investors, visionary entrepreneurs, gaming, and luxury experts to back it up.

ICICB alongside Atari Chain aims to facilitate a reliable blockchain platform for the gaming industry, making it highly scalable while assuring a strong ecosystem in which their stakeholders could easily put their development projects to work. The ICICB Chain will be operating on Asynchronous Byzantine Fault Tolerance (ABFT).

This technology allows honest nodes of networks to guarantee to agree on the order and the timing of a given set of transactions in a fair and highly-secure way. Therefore, it allows potentially infinite scalability while processing hundreds of thousands of transactions per second, even when there are many nodes taking place concomitantly in the network.

In addition, through its DAG-based distributed ledger technology, the ICICB Consensus Algorithm (ICA) aims to dramatically increase the security and performance of the blockchain, seeking to securely process over 300,000 transactions per second, making it possible incredibly fast and competitive.

The Rapid Shift Towards a Decentralized Economy

As the subtitle suggests, the ICICB Group is paving the way to a new type of economy, aiming to seize a continuously growing gaming market that hasn’t yet bloomed to its full potential within the blockchain area, presenting high hopes for the ICICB Chain. Thus, that is why the Dubai-based conglomerate will be present in Abu Dhabi for the F1 race – to speed up the development of a strong and reliable blockchain platform for the gaming industry by connecting the right talent with investors that believe in a decentralized future.

Media Contact:
Website: https://icicb-group.com/
Company: ICICB Group
Email: info@icicbgroup.com

New York, New York–(Vehement Media. – December 9, 2021) – NFTEvening to launch SolAnts, a Solana-based NFT. Become a key member of a hard-working Anthill by receiving digital wallet for SolAnts – one of the most anticipated launches of the year. Thanks to its unique Anthill DAO and impressive design, this collection is like no other, so let’s get an insight!

SolAnts is a Solana-powered NFT project inspired by the life and community of physical ants. Credits: SolAnts

What is SolAnts? 

SolAnts is a Solana-based NFT project like no other. The debut collection, to be launched this quarter, is featuring 4,000 SolAnts avatar-style NFTs of colorful, hard-working ants. Impressively, these collectibles created using over 200 traits inspired by 20 famous characters. From Naruto to Bob Marley and even Santa, these NFTs have it all! The NFTs are divided into four different classes, based on their ear types and body color. Notably, 10% of each class will consist of Super-Ants – rare NFTs that will feature exquisite colors and styles.

Each of these classes will have its own community and a so-called sub-colony. As a result, there will be four leaders as well, and each colony can decide over different project releases, partnerships, competitions, and more. The holder can choose how they can participate in the project’s growth. From investors to developers and content creators, everybody can contribute to evolving the ant class they belong to. Of course, if a class is having trouble, other project members can help out anytime. This impressive concept is inspired by real-life anthills. In fact, that’s exactly what the SolAnts DAO is called – and it’s way more than an NFT project DAO.

How does the Anthill work?

In essence, the Anthill DAO is a revolutionary way of social community organization. Divided into four classes, each with its own sub-colony, the Anthill allows each NFT holder to become an important part of the project development. The SolAnts owner, get to decide how they willcontribute to their own sub-colony. They can be a manager, promoter, designer, investor, or any other position they are good at. Meanwhile, the SolAnts admins will handle the Anthill infrastructure, share resources for all four classes, and become an Angel Investor of the project. 

Thanks to this revolutionary system, each sub-colony will be able to create its own projects under the SolAnts umbrella. In the long run, this will allow the project to expand considerably faster while increasing the collectibles’ value.In fact, that’s the SolAnts founders’ core goal:

“We strive to create the most efficient & productive DAO with a complex role division system”, they said. Although the Anthill DAO begins on Solana, it will soon expand to other popular platforms too. From Tezos to Cardano and Ethereum, the sub-colonies will be everywhere, working tirelessly to grow the project in a unique manner. But wait – that’s just the beginning!

Project roadmap & launch date

As for 2022, the project will establish the Anthill DAO, along with its sub-colonies. By this point, each NFT holder will have to choose their role within the class, and launch upcoming Solana unicorns. Meanwhile, the project admins will allocate funds and other resources for the development of the DAO.

Next, the Anthill is going to expand to other major networks, as multi-chain Ants will collaborate to bring SolAnts to a new level. This ambitious roadmap, along with its unique eusocial DAO and great design, will likely turn SolAnts into the next big hit on the NFT market. In order to become one of the 4,000 lucky SolAnts holders, make sure to enter the official website to join the initial sale. For more exclusive announcements and launches, follow the project via Twitter, Medium, and join the Discord channel!

Are you tired of missing important NFT drops?

Just check out our NFT Calendar!

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All investment/financial opinions expressed by NFTevening.com are not recommendations.

This article is educational material.

As always, make your own research prior to making any kind of investments.

Media Contact:
Email: solantsnft@gmail.com

London, United Kingdom–(Vehement Media. – December 9, 2021) – Hundred Finance, a decentralized application (dApp) allowing the lending and borrowing of cryptocurrency, has launched staking services for its native token, HND.

As per the announcement, HND holders can now stake their tokens and get numerous benefits like voting privileges and boosted HND emission APRs. Users wishing to participate in the HND token staking process do so by visiting vote.hundred.finance, the doorway to the vote-escrow user interface. Note that the vote-escrow system will play a major role in managing Hundred Finance in the future.

Hundred Finance has already deployed the first iteration of the staking system on Arbitrum. All users now need to do is connect their wallets using the correct network settings. This will then bring them into the vote-escrow UI that SharedTools have designed.

Notably, the vote-escrow is a mechanism used to lock HND tokens for a specific period. Once a user locks their HND tokens, the system then sends veHND tokens to the user. The number of veHND tokens sent are calculated relative to the amount of HND locked by the user and the amount of time they chose to lock them. One thing to note, however, is that these tokens are not transferable.

veHND tokens give users the power to vote on various proposals. For instance, holders can vote on which hTOKEN is able to farm the greater proportion of HND emission. hTOKENs are corresponding tokens minted and received by a supplier wallet when crypto assets have been supplied to Hundred Finance. These hTOKENs are interest-bearing, representing the user deposits issued as per the ERC20 standards. Currently, the protocol allows users to vote on hUSDT, hMIM, hUSDC, and hFRAX gauges.

In addition to voting, staking the HND tokens allows users to earn an APR boost of up to 250% for every hTOKENs they add to the new farming contract.

Launched on June 24th, 2021, Hundred Finance is a multi-chain protocol integrated with Chainlink oracles to ensure market health and stability. The staking feature arrived shortly after Hundred Finance formed a strategic collaboration with B.Protocol to decentralize auction keepers. The partnership reportedly marked the decentralization of Hundred Finance’s liquidation process. This saw the replacement of bots with a community backstop allowing the protocol to marry efficiency and equality.

Just last month, the protocol formalized its Chainlink collaboration, which aims to bring crypto lending services to the world. Prior to this, the protocol has formed another partnership with DODO Dex, allowing users to earn double token rewards for staking HND-ETH. In October, Hundred Finance also launched on the Fantom Opera blockchain days after being awarded a Harmony One grant of $50,000 to put towards community building and expansion.

Hundred Finance still has a roadmap ahead. The protocol plans to integrate more applications and launch a new chain or two hopefully before Christmas.

Media Contacts:

Hundred Finance
Email: info@hundred.finance
Web: https://hundred.finance/
Twitter: https://twitter.com/HundredFinance
Discord: https://discord.gg/phK668J6dQ

PR Contact:

Name – https://www.linkedin.com/in/babanmahatonca/
Website – www.newscoverage.agency
Email – touch@newscoverage.agency
Telegram – https://t.me/Babanmahatonca

Copenhagen, Denmark–(Vehement Media. – December 9, 2021) – VG Pecunia Limited, a spin-off of VG Fund Management’s Actuarial Consultancy Services Unit, announced the appointment of Mr. Benjamin Huang as Chief Marketing Officer (CMO) earlier this week.

VG Fund Management, which has a particularly strong presence within the Medical, Biotech, Agriculture, IT, Blockchain & Digital Assets and FinTech industries, laid out plans to divest its Actuarial Consultancy Services Unit sometime in the second half of this year.

Analysts believe that this move, which is widely viewed as being the fund manager’s biggest strategic reorganization in over 5 years, would enable VG Fund Management to focus on its core businesses while at the same time enabling its Actuarial Consultancy Services Unit to more effectively capitalize on the growth it has experienced in recent years

VG Pecunia Limited, which was formed as a result of the spin-off, now functions as a full service, independent actuarial consulting firm, offering a wide range of actuarial and strategic consulting services to firms that need to evaluate, quantify and manage risk.

The appointment of Huang, who VG Pecunia Limited said was made after an “extensive search and selection process”, shows that the newly established entity is serious about further building upon its current diverse clientele that include insurers, reinsurers, investment bankers, financial market traders, accountants, lawyers and fund managers in order to achieve greater market growth within the industry worldwide.

In his role as CMO, Benjamin Huang will chart VG Pecunia Limited’s overall market growth direction and strategy as well as spearhead various initiatives, such as the VG SPORT Program, which is aimed at allowing the company to reach out to a larger potential client base and growing the company’s market share.

In a statement released by VG Pecunia Limited, the company stated that: “We are delighted that Mr Benjamin Huang is joining our team as CMO. In Mr. Huang, we found the ideal candidate to support and implement our plans for greater growth. Huang’s extensive experience and outstanding track record in the financial industry, particularly in the Fintech and Venture Capital sectors, will be a valuable asset for VG Pecunia Limited.”

Media Contact:

Company: VG Pecunia Limited
Name: David Monies
Email: customerservice@vgpecunia.com
Website/URL: www.vgpecunia.com

Singapore, Singapore–(Vehement Media. – December 9, 2021) – Early-stage Crypto Incubator launched by Magnet DAO fetches $1.6M in IDO.

In recent months, decentralized digital reserve currencies have seen a stellar rise in popularity across the crypto market. Spearheaded by the decentralized finance (DeFi) protocol Olympus, a whole host of new opportunities for crypto investors have flared up.

However, one of the central challenges for individual investors is that it is extremely difficult to actually invest in projects when it is most opportune – in the very early stages of their development.

Now, Magnet, a new Decentralized Autonomous Organization (DAO), offers a solution to this problem.

Launching an Advanced Crypto Incubator

Magnet DAO hails itself as the next evolutionary step of crypto reserve currency protocols. It aims to allow a wide range of investors access to early-stage investment opportunities that otherwise remain restricted to VCs, angel investors, and their founding teams.

At its core, Magnet DAO wants to help crypto projects flourish in their early stages through investment across a variety of protocols.

Speaking more broadly, Magnet’s central concept becomes possible due to its protocol of controlled value and an Olympus-like bonding and staking mechanism.

The central DeFi innovation of Olympus’ is its protocol treasury, which backs its OHM and sets a fixed intrinsic value below which it cannot fall. 

Magnet DAO’s most important distinguishing characteristic is that it uses 10% of bond profits for further investment in high-quality crypto assets. The upshot of this strategy is that it effectively turns Magnet DAO into an on-chain venture fund.

This provides a seductive value proposition and potential for exponential returns for Magnet token owners. At the same time, though, the protocol itself owns its liquidity pool, so it can’t be withdrawn. It will also algorithmically stabilize Magnet’s value.

To date, Magnet DAO’s strategy has met with keen interest from the crypto community. The project has over 12,000 Discord members, as well as 5,000 Twitter followers.

Launching to General Resonance

On December 7th, Magnet launched natively on Avalanche (AVAX). 2 million tokens were up for grabs, a total of 20% of its initial supply, sold at a fixed price of $0.80 per token. Initially, the individual maximum contribution was capped at $500 per person. However, due to high demand, it was increased to $4,000 in several steps over the course of an hour. This initial launch was only available to Discord Members but saw considerable resonance. The community offering was sold out within 32 minutes, raising 1.6 million MIM in the process.

Magnet DAO announced that proceeds from the initial launch would be used to further near-term growth, including performing top tier audits, expanding the project’s marketing budget, and bringing on a larger number of blockchain developers.

In terms of near-term strategy, $MAG will remain native to Avalanche, and will become available for swapping on Trader Joe in early 2022. Furthermore, plans are underway to expand to cross-chain.

Magnet DAO’s next major operation is its fair launch on December 27th at 5:00 pm UTC. At this time, 4 million tokens will be for sale, representing 40% of the initial total supply. The main goal of this launch will be to bootstrap the protocol’s treasury. In total, 20% of tokens are reserved for the development team (locked and vested), a further 10% are assigned to marketing and partnerships, and 10% are dedicated to ensuring initial liquidity.

Avoid Scams, Finding a Strong Community Basis

The attractiveness of Magnet DAO’s concept is also evidenced by the fact that scam tokens have already been a matter of concern. The development team has had to issue notices to inform investors that no legitimate $MAG-LP pools are available on Trader Joe or any other DEX to date.

In terms of native security, Magnet has taken care to build a basis of trust and to assure its community that it is not a rug-pull operation.

Not only is its code open source, several community members have also peer-audited it. In addition, several tier-1 third-party audits are planned for Magnet’s token contract as well as its smart contracts prior to the protocol’s official launch.

Furthermore, all of Magnet DAO’s protocol wallets require multiple signatures. No team member has sole control, creating a solid basis of accountability to the entire core development team members, third-party advisors, DAO leadership, and ultimately the community.

Conclusion

With reserve currencies on the rise and further diversification on the horizon in the crypto realm, early-stage access to promising projects presents a high-value opportunity for investors.

Magnet DAO’s mission is to make that opportunity accessible to average investors while also maintaining basic stability through its treasury and exploring ways to generate risk-free return on stablecoins.

Media Contact:
Name: Justin Mahone
Email: marketing@magnetdao.finance