Raniganj, India–(Vehement Media. – February 7, 2022) – Just recently, News Coverage Agency made the decision to expand its operation by opening up a second branch. According to the team, the second branch will be based in Raniganj and will become functional from February 14, 2022.

                                        News Coverage Agency

News Coverage Agency has started digital marketing services for the crypto and blockchain industry. News Coverage Agency, a full-service digital marketing agency, is excited to be playing a major role in the Crypto and blockchain industry-changing how projects interact with their targeted audience.

Launched in 2018, News Coverage Agency has delivered inspiring, measurable campaigns and eye-catching content that has helped connect numerous projects with the right clients. 

The News Coverage Agency team explains:

“Our passion is to tweak the strategies and make digital marketing one of the best routes to drive business for a brand. We passionately want our clients to invade and conquer the digital arena. With every customer that our clients win, we at News Coverage keep collecting feathers to our cap!” 

As an integrated marketing and public relation agency, News Coverage specializes in the accountability aspect of performance and digital marketing. The company embraces performance roots and expertise that harmonizes creative storytelling content that is compelling and gritty. What makes the platform stand out is its ability to adapt to changes in the industry, allowing projects access to marketing services no matter the time or season.

Please meet our Team

About News Coverage Agency: 

News Coverage Agency is a dynamic digital marketing agency with a full suite of services. It delivers deep crypto PR industry expertise which allows the team to develop comprehensive communications strategies to reach a massively wide audience.

With contacts at the largest crypto publishers, influencers, and media, News Coverage Agency’s PR team helps clients secure organic news coverage from the biggest names in the blockchain industry. 

Media and PR Contact

Name: Samiran Mondal
Company: https://newscoverage.agency/
Email: touch@newscoverage.agency
Telegram: https://telegram.me/Newscoverage_agency

info

01 Exchange is Launching this Month as the First Derivatives Exchange to Support Orderbook-based Perpetual Futures and Powers on Solana

Panama City, Panama–(Vehement Media. – February 5, 2022) – 01 Exchange, a DeFi Alliance supported protocol, is set to launch the first fully-decentralized derivatives exchange to support orderbook-based perpetual futures and power perpetuals on Solana on January 27th.

                                                 01 Exchange

01 Exchange is a full-suite derivatives exchange, offering everything a centralized exchange offers, and more, but through a fully decentralized protocol. The exchange features an on-chain limit orderbook through deep integration with Project Serum, cross-collateralization, cross-margining, and yield-earning deposits, all without compromising on decentralization.

01 recently raised $2.2M in a seed round co-led by billion-dollar trading firm Alameda Research, and early Solana investor, Multicoin Capital. 01 is also backed by Solana Ventures, Ledger Prime, Pattern Research, Finlink Capital, Inscribed Ventures, Smile Asia, and Dropout Syndicate. Angel investors also include Chris McCann and Edith Yeung, general partners at Race Capital and early seed investor in FTX and Solana, Alfred Cheung, also general partner at Race Capital and co-founder of BEA Systems, and Lily Liu, co-founder of Earn.com and advisor to the Solana Foundation.

“The next dFTX will take everything a CEX offers, and plug it into fully decentralized infrastructure. For that reason, we’re very excited to partner with 01 Exchange and help them build the most powerful, liquid, and feature rich derivatives DEX for traders,” said Kyle Samani, Managing Partner, Multicoin Capital.

“The goal has always been to take the best of centralized exchanges, and fully decentralize them. That’s why we’re incredibly excited to offer a true limit orderbook experience with zero compromise on decentralization, with full-suite cross-collateralization and cross-margining,” said Ryu, co-founder, 01 Exchange. “01 was built with scalability in mind. That’s why we’ll be able to support multiple collaterals and multiple different derivative markets.”

Traders will be able to trade perpetual futures up to 20x leverage and, for the first time on an orderbook, power perpetuals, an entirely new asset class, first introduced by Dave White and Dan Robinson, from Paradigm.

Power perpetuals are perpetual futures indexed to the power of the underlying. This pricing function provides traders with global option-like exposure without the need to select strikes, or expiries. The unique properties of this instrument allow for impermanent loss hedging in liquidity pools, and new vault strategies for yield generation.

“Power perpetuals are going to disrupt the derivatives industry, and we can’t see it better implemented than on a fully decentralized orderbook model like 01 Exchange’s,” said Brian Lee, Partner, Alameda Research.

01 will also act as a lending borrowing platform, where borrowers can take out loans from 01’s deep liquidity pool, which generates passive APY for traders and depositors.

01 plans to launch on Mainnet January 27th.

To learn more about 01 Exchange, please visit:

01 Exchange Website: https://01protocol.com

01 Exchange Twitter: https://twitter.com/01_exchange

About 01 Exchange

01 Exchange is a fully decentralized orderbook-based derivatives exchange on Solana, supporting perpetual futures and power perpetuals. It features an on-chain limit orderbook through a deep integration with Project Serum, cross-collateralization (i.e. the ability to collateralize multiple positions using different tokens), powerful cross-margining (i.e. sharing leverage across all positions under a single account), and yield-earning deposits, all without sacrificing on decentralization. To learn more about 01 Exchange, please visit https://01.xyz/.

About Alameda Research

Alameda Research was founded in October 2017. We manage over $1 billion in digital assets and trade $1-10 billion per day across thousands of products: all major coins and altcoins, as well as their derivatives. We have a full-scale global operation with the ability to trade on all major exchanges and markets.

About Multicoin Capital

Multicoin Capital is a thesis-driven investment firm that invests in cryptocurrencies, tokens, and blockchain companies. Crypto networks and companies will create trillions of dollars of value over the next decade. But investing in tokens is fundamentally different than investing in companies. New tools, heuristics, and security measures are needed to responsibly invest in this ecosystem. We leverage our deep understanding of blockchain technology and crypto markets to deliver exceptional returns. For more information, visit: https://multicoin.capital.

To learn more about 01 Exchange you can visit their website: https://01protocol.com

Media Contact:
Company name: 01 Exchange
Contact name: Stratos
Company address: Via Espana, Delta Bank Building, 6th Floor, Suite 604D, Panama City
Website URL: https://01protocol.com
Phone: 510-542-1542

SOURCE: 01 Exchange

Tulum, Mexico–(Vehement Media. – February 5, 2022) – Evan Luthra, a serial entrepreneur, and a strategic investor is happy to announce the launch of his new venture, Diamond hands.

In a nutshell, the Diamond hands refer to holding on to an investment asset despite its volatility and risks. It refers to holding on to the asset with hands as hard as a diamond or holding on to the assets until it becomes as valuable as a diamond. The Diamond hands concept began in the cryptocurrency industry and slowly spread to land, stocks, non-fungible tokens (NFTS), and other assets. In the cryptocurrency community, diamond investors are known for holding onto the project no matter the surrounding challenges in the market. The new venture aims at helping projects survive the beat downs and poise situations that could cause serious damages. Luthra hopes to stick to his investments for the long haul through this new venture.

Evan believes in pushing his limits by exploring the power of conceptualization, execution, and innovation. For years, Evan has been using his Startup Studio Incubator Fund program to support entrepreneurs with capital, marketing resources, and technologies to launch their new companies. Before investing in the project, Evan and his team perform their due diligence.

Evan is an accredited Angel investor interested in various products and businesses. He has built and invested in over 30 companies in the last five years, recording a combined market cap of over $1 billion during this period. Evan is always taking chances and is always the first to step in to provide projects with the support they need to get things started, like Snapchat, Wheelys Café, Eaze.com, and recently Hasgraph.com.

At the age of twelve, Evan Luthra began his journey into the business world, showing significant interest in digital innovations. He embarked on his first digital endeavor by curating technology-related news, which caused him to gain about 250k readers. He later began working on various products, including a mobile application, before selling his first company for seven figures at 17. After exiting his company, Evan then took over TedX.

In addition, Evan is an expert in blockchain matters. He has received an honorary Ph.D. in Blockchain for his impact in the industry, including launching a Blockchain School, blockchain coworking spaces, and sharing his views in over 50 blockchain-related events.

Notably, through many years of experience, numerous startups, and his new venture, Evan hopes to provide emotional and financial support to allow the project to actualize its visions.

Media Contact:

Diamond Hand: https://youtu.be/8LV-oyKjMf8

Instagram: https://www.instagram.com/evanluthra/

Email: Evan@evanluthra.com

Mahé, Seychelles–(Vehement Media. – February 4, 2022) – Liquidifty marketplace released the LQT Launchpad where users will be able to participate in IDOs, INOs, and airdrops from the most anticipated GameFi, DeFi, and NFT projects!

                                  Liquidifty

To get access to the Launchpad and become LQT Launchpad Club member users need to buy one of the NFTs: Solid, Liquid or Gas. The sales are going on the Liquidifty NFT marketplace in $LQT tokens, so make sure everyone has some ready to deploy.

Users can participate in the sale using this link: https://liquidifty.info/3L8Ceha

What are the benefits?

  1. Access to IDO and INO of the solid and stunning projects (i.e. Drunk Robots, an NFT game backed by Gate.io, ZB.com, Co-founders of 1inch, Shima capital, and Dex Ventures that will conduct its IDO on LQT Launchpad in the mid-February);
  2. Participation in regular airdrops of NFTs by the popular gaming projects, such as Axie InfinityThetan ArenaGuild of GuardiansCrypto BladesWanaka FarmKryptomon, and others;
  3. Weekly cash prizes;
  4. Tickets for Private sales.

How to become LQT Launchpad members?

Users only need to buy NFT on the Liquidifty marketplace and hold it until they would like to get special bonuses. There will be three types of NFT cards: GasLiquid, and Solid which represent three different statuses for LQT Launchpad membership.

More details about what every NFT card brings can be read in LiquidiftyMedium.

LQT Launchpad members will be able to buy, sell, and trade these NFTs on the open market as they see fit. However, don’t forget that there’s value to HODLing them since the NFT owners get special access to the future LQT Launchpad IDOs, INOs, airdrops, and raffles!

This sales model is a great choice for reducing the market pressures: selling the NFTs won’t affect the price of others, and nobody will be able to market dump their NFTs.

The NFTs will be dropped into the market step by step. 

IDO Launchpad: how it works

All IDOs at Liquidifty will be held in 3 waves:

– 1st wave will be taking place for the first 30-60 min of the sale and only for the Solid LQT Launchpad members;

– 2nd wave will be taking place for the next 30-60 min of the sale only for the Liquid LQT Launchpad members;

– 3rd wave will be taking place until the end of the sales and Gas LQT Launchpad members will be able to participate in this wave on an FCFS basis.

Private investments

Holders of Solid NFTs will have a chance to participate in private rounds of the valid and promising crypto projects!

What’s next

Drunk Robots IDO – mid-Feb.

Drunk Robots is a play-to-earn game built on top of the Binance Smart Chain. In Drunk Robots the main mission is to survive and seize the city absorbed by the drunk junky robots whose only interests are METAL beer and violence.

The game will use $METAL – it will be required for shopping, energy recovery, missions, and so on.

NFT Airdrops

Each week after the sold-out of the first wave of NFTs, Liquidifty will have a raffle of NFTs from the popular NFT projects and games. Holders of Liquid and Solid NFTs will have more chances to get rare ones!

First game projects who will allocate some awesome NFTs for LQT Launchpad members:

Axie Infinity
Guild Of Guardians
Thetan Arena
CryptoBlades
Wanaka Farm
Drunk Robots
Kryptomon
Planet Sandbox
Wizardium
The Three Kingdoms
Ro Slayers
Hexarchia
Scary Games
XPANSION
Metabays
Cryptobots

More games will be added soon. Follow Liquidifty marketplace announcements to not miss any important announcements.

Twitter: https://twitter.com/liquidifty
Telegram: https://t.me/liquidifty
Discord: https://discord.gg/wvs5mAmVAJ
Instagram: https://instagram.com/liquidifty.io
Medium: https://liquidifty.medium.com/

Media Contact:

Contact Person : Daria Volkova
Company Name : LQT Company Limited
Country : Seychelles
City: Mahé
Email : hello@liquidifty.io
Website : app.liquidifty.io

Source: Liquidifty

 

Santa Domingo, Dominica Republic–(Vehement Media. – February 4, 2022) – According to Olivier Arrindell, Chairman of Ava Airways, The International Monetary Fund (IMF) projected that the Dominican economy has grown to 9.5% in 2021, a percentage slightly higher than the 9.1% recently estimated by the World Bank. The positive projection is contrary to the drop of -6.7% registered by the local economy in 2020, because of the economic closures imposed by the Covid-19 pandemic.  

Apart from this, The Bank of America’s global research unit believes that the macroeconomic trajectory of the Dominican Republic is the most promising in Latin America for the coming years and estimates that it will be the second country with the highest economic growth in the region, with 11.5% in 2022.

The Latin America and Caribbean region will see its pace of growth decelerate in 2022 to 2.1%, after reaching 6.2% on average last year, according to new projections released today by ECLAC, however Latin America and the Caribbean have become one of the most urbanized regions in the world. The ECLAC did not take this into consideration that the region’s GDP is going to grow at a 3.14% percent per year, a growth rate above the world average of 3.12% percent per year due to macroeconomic trajectory throughout Latin America just like what is taking place in the Dominican Republic. In the next 10 years, the economy in Latin America and the Caribbean is expected to outperform the world average, while the middle-class population is forecast to grow more than 40 percent by 2033, from 280 million to 398 million people.   Where does Ava Airways fit into this?

A strong economy and growing middle class have set the stage for the region’s traffic to grow at an average of 4.9% percent annually in the next 20 years, outperforming the world average of 4.7% percent. As a result, traffic flows from Brazil, within the Caribbean, between the United States and South America and from Europe to South America, along with Africa, will grow to be among the top 10 in the world by 2033.

“Ava Airways and its team has placed an innovative business model to take advantage of these opportunities and with our hub base in Santo Domingo, this perfectly positions the company as a transshipment point to move people and Cargo on an East/West mission”, stated Arrindell.

Moreover, while nearly all of the 20 largest cities in North America and Europe connect passengers with at least one flight per day, only 40 percent of Latin America’s top 20 cities do so. Today, North Americans and Europeans are the most willing to fly, taking 1.6 and 1.0 trips per capita respectively, because they have access to do so. But in the next 4 to 8 years, Latin America, Africa, and the Caribbean travelers will travel twice as much post Covid-19 drama. In fact, intra-regional and traffic from Europe, North America and Africa to Latin America and the Caribbean is expected to triple between 2026 to 2033, growing at an impressive rate of 5.6% percent and becoming the biggest market for Latin American carriers.

Ava Airways Chairman believes that the Dominican Republic future economy depends on these forecasted numbers and that the Government needs to focus on Investing and developing modernized aviation infrastructure to stabilize the economy and move it from 9.1% growth a year to a steady 13%.

Media Contact:

Nicole Hu, Ava Airways
info@avaairways.com

Global digital wealth platform Yield App publishes its Q4 report showing assets of $475 million and a full pass from leading auditor Armanino

Tallinn, Estonia–(Vehement Media. – February 4, 2022) –  Yield App, a FinTech company and digital asset wealth management platform, has published its 2021 Q4 report, showing the firm continuing on a strong growth trajectory that saw its managed assets grow by 40% from Q3 to reach $475 million. In addition, the platform has published the results of an inspection by leading global auditor Armanino that shows its assets firmly in the black.

                                                       YIELD APP

The firm, which recently celebrated the launch of a revamped “V2” platform, said managed assets increased by 40% from $339.4 million at the end of September to $475 million by 31 December. This marks a bold first year for the passive income provider following its public launch in February 2021 and which has included a heavy-weight partnership with UK premier league football club West Ham United.

The final quarter of the year saw Yield App publish the results of an audit by Armanino, one of the top 25 largest independent accounting and audit firms in the United States engaged by many leading blockchain firms, which shows Yield App’s assets exceeding its customer liabilities: an important milestone for the young digital wealth manager.

Commenting on the results of this important audit, Justin Wright, Yield App’s Chief Financial and Chief Operations Officer, says: “As previously stated in our Q3 report, we have engaged Armanino, the global leader in digital asset audit solutions to conduct a thorough review of our assets.

“This engagement is for the purpose of offering Yield App’s customers, prospective customers, regulators, and business partners additional transparency and assurance over the assets held by us as reserves against outstanding customer liabilities. We will continue to work with Armanino and other third-party accreditation service providers to release bi-annual independent reports across our group business activities as we grow.”

Asian and European customers grow as $70 million BTC added to Yield App

Yield App, which recently celebrated the launch of a revamped “Version 2” (V2) of its platform, said its global customer base grew by 19% to 71,356 in Q4 of 2021. The company said it observed strong growth across Asia and Europe in the final three months of the year, with customer numbers up 60% and 17% in these regions, respectively.

The firm added that the reopening of its Bitcoin Portfolio in October contributed strongly to growth in customer numbers, with 1,439 new customers joining the platform in the five days the portfolio was opened (10-15 October 2021). The platform pays a market-leading rate of up to 12% p.a. on BTC.

The firm added that its Bitcoin offering also accounted for some of its strongest inflows over the last three months of the year, with BTC assets increasing by close to 50% from 988 BTC at the end of September to 1,456 by 31 December 2021 – representing a market value of $70,067,612 (sourced from Coingecko.com).

Tim Frost, CEO of Yield App, says: “February marks one year since we launched Yield App to the world, and I couldn’t be more proud of where we are today, with close to $500 million of assets now managed on platform for 70,000 customers to date.

“Following the successful launch of V2 of our platform, the first half of 2022 will see us launch our android and iOS mobile apps: something I know our community has been looking forward to for some time, while we will also be adding new blockchains and assets and expanding our on-platform conversion offering.

“While Yield App experienced incredible growth in our first year, we believe that 2022 will be an even bigger, better and more exciting year for our customers and community members, and we look forward to serving you all further.”

Please visit the Yield App blog to read the full Q4 Report.

About Yield App

Yield App believes that everyone should have access to the best earning opportunities. Its mission is to unlock the full potential of digital assets, combine them with the most rewarding opportunities available across all financial markets and make these available to the world. To achieve this, we provide an innovative wealth management platform that bridges traditional and decentralized finance in the easiest way possible. For more information, visit www.yield.app.

Media Contact
PR manager
Rebecca Jones
Yield App
pr@yield.app

The Arsenal Innovation Lab powered by Yolo Group has selected eight teams to participate in the 2022 edition of the initiative.

London, United Kingdom–(Vehement Media. – February 4, 2022) – The selected teams will now take part in a 7-week programme with Arsenal to determine how they can bring innovative ideas that create new opportunities for their fans around the world.

                                Arsenal Innovation Lab

Arsenal Innovation Lab

The Arsenal Innovation Lab powered by Yolo Group is aimed at tech startups focusing on the fan experience and embodies the club’s ambition to remain at the forefront of the game, on and off the pitch.

Juliet Slot, Chief Commercial Officer at Arsenal stated:

“The applicant pool and the pitches we reviewed for this year’s Innovation Lab were impressive. We’re looking forward to working with the eight selected startups as they progress through the programme. We’re always looking for new and innovative ways to engage with our hundreds of millions of fans around the world and we’re excited to see how our fans will benefit from the ideas coming out of this initiative,”

The eight teams selected for the programme are all focused on enhancing the Arsenal fan experience, whether at the Emirates Stadium or around the globe. They are:

  • Endava Berlin GmbH – Combining video and data to provide a more insightful viewing experience for fans
  • Forza Insider – Providing more opportunities for fans to interact with Arsenal digital channels through online games and virtual experiences
  • Live Tech Games – Creating an online gaming community, Arsenal fans can supplement the gameday experience with their own prize-yielding mobile games.
  • Salsa Sound Ltd. – Enhancing the fan experience through sound. Whether a fan is watching a game at home in Islington or halfway around the world, it will sound like they’re at the Emirates Stadium.
  • Sodyo Ltd. – Using scanning technology to provide Arsenal fans with new digital experiences and information
  • Valorafutbol – Creating a one-stop-shop for online Arsenal engagement through offerings such as streaming, games, statistics, and rankings
  • Versus Africa – Will provide unique insights into the African market, helping Arsenal improve its digital offering to fans in the region
  • Moonberries – An online craft drink-making experience enabling Arsenal fans to create their own Arsenal inspired drinks.

Yolo Group

Yolo Group is the managing partner for the programme. The Group is a leader in the cross-section of gaming, fintech, and blockchain. Their Sportsbet.io brand is an Official Partner of Arsenal Football Club and last season they introduced an augmented reality matchday programme to fans.

Tim Heath, GP at Yolo Investments stated:

“We’re thrilled to have put together a programme that pushes the participants to truly redefine the fan experience for current and future Arsenal fans. On top of that, these ideas can lead to an ongoing collaboration with the club.”

Yolo Group Socials

Website | Twitter | LinkedIn | Instagram | Facebook

Arsenal Innovation Labs

LinkedIn

Media Contact Details

Contact Email: press@yolo.group

Yolo Group is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

Bristol, United Kingdom–(Vehement Media. – February 4, 2022) – Hector Finance, a Fantom Opera Chain-inspired project which received a lot of success in a short span of its launch in 2021 has launched Hector Bank, its first major product for 2022. Hector Bank opened its doors on Monday, January 24th. The bank helps serve the project’s aims to become deflationary as per the project’s 2022 strategy. Hector Finance’s main goal is to provide value to users by creating a variety of use cases within the Hector Ecosystem. A portion of the proceeds from these use cases will be utilized to purchase and burn Hector tokens on the exchange. Over the course of 2022, Hector will become multi-chain.

                                              Hector Bank

Hector Bank is a Fantom Opera Chain-based decentralized lending and borrowing platform built in partnership with Ola Finance. Users can lend and borrow a wide range of crypto assets. By lending out stable coins, lenders can earn a competitive APY while avoiding the danger of HEC price volatility. Borrowers can use wsHEC as collateral to borrow stable currencies to use in various projects without having to unwrap or unstake their tokens. On borrowed positions, the protocol levies a small amount of interest. A portion of this profit will be used to buy and burn tokens in order to achieve the goal of becoming deflationary over time.

Hector Bank is the first of many steps Hector Finance will take toward full utility. Each subproject will evolve in its own way, according to the 2022 plans. While they will all be under the Hector Ecosystem’s roof, they will each have some autonomy to evolve as they see fit. Hector Bank, like all of the other subprojects, will continue to develop and expand over time in order to become a big project in its own right.

What Separates Hector Bank from Traditional Banks?

Aave, Compound, and MakerDAO are just a handful of the major lending/borrowing networks. These networks pool all of their tokens, allowing massive quantities of liquidity to be available at any time. Hector Bank is unique in that it employs segregated pools of tokens that may be lent and borrowed in a variety of ways. This gives more control over the individual tokens issued, which is beneficial for risk mitigation and expansion. Each token can have its own collateral factor, liquidation factor, and other specifications.

There is a very common saying in the markets “Never risk more money than you can afford to lose.” This is equally true for lending and borrowing platforms like Hector Bank. Hector Finance has three main aims going forward:

  1. To become a major financial center in the Fantom space and beyond
  2. To aid the growth of the Fantom Opera Chain by producing high-quality products and providing value
  3. To bring value to people, to make the space knowledgeable and safe

Hector is also working on its own stablecoin. The team is currently running large-scale community trials of their TOR coin – something which will work in a way not too dissimilar from Terra’s UST. 

Why Hector Finance is the Future

Hector is a DAO at heart (Decentralised Autonomous Organisation). As a result, the community has a significant influence on the project’s destiny. HEC, sHEC, and wsHEC holders have the ability to vote on crucial community choices such as audits, listings, and fund management. Hector Improvement Proposals are a type of proposal (HIPs). The development team will first steer the project toward long-term viability, but over time, the community will gain more authority through the DAO voting system. The company also intends to build an open forum where members of the community can propose their own suggestions, which will be put to a full DAO vote if they receive enough support.

Hector has a growing portfolio of DAI, USDC, FTM, and other assets worth upwards of $100,000,000.

To learn more about Hector Finance visit Hectordao.com

Twitter: https://twitter.com/HectorDAO_HEC
Telegram: https://t.me/hectorDAO
Reddit: ​​https://www.reddit.com/r/hectordao/
Youtube: https://www.youtube.com/c/HectorDAO
Instagram: https://www.instagram.com/hectordaohec/
Medium: https://medium.com/@HectorDAO
Discord: https://discord.gg/hector
Github: https://github.com/HectorDAO-HEC
TikTok: https://www.tiktok.com/@hector_dao

Buy HEC on Fantom: https://docs.hectordao.com/how-to-buy/for-users-already-on-the-fantom-network

Buy HEC on FTMScan: https://ftmscan.com/token/0x5C4FDfc5233f935f20D2aDbA572F770c2E377Ab0

Media Contact:
Name: Henry Davis
Mail: team@hectordao.com
City: Bristol
Country: United Kingdom
Website: https://hectordao.com/

info

Tortola, British Virgin Islands–(Vehement Media. – February 4, 2022) –  The LABEL Foundation is changing the way we view NFTs and the entertainment industry as we move closer to the next stage of global digitization known as Web 3.0.. As the first month of 2022 draws to a close, many would agree that NFTs became a brand new way of ownership of an asset on the internet space. As groundbreaking a year for NFTs as 2021 was however, it does beg the question as to what the future of this sector will be like, specifically regarding the music & entertainment sector.

                                             LABEL Foundation

The year 2022 is promising us to be the year of the content creators/artists/musicians, with control over the masterpieces never going to middlemen without the original creators’ permission. Thanks to the unique features of Non-Fungible Tokens, artists began to commercialize their digital artworks by assigning a monetary value. And by selling those NFTs on specialized markets like OpenSea and Rarible.

How is the LABEL Foundation pioneering in the NFT sector?

Using all the benefits of the Web 3.0 and blockchain technology, the South-Korean NFT infrastructure known as the LABEL Foundation, operated by the founders of the OPENTRACKplatform, is paving the way for a content industry revolution by bringing the most well-known IPs to their respective NFT platform. Label Foundation is allowing direct P2P investments to fund prospective musicians in a completely decentralized and permissionless state.

LABEL is a blockchain-based, NFT platform incubating entertainment and music that provides various easy investment tools for users, fair revenue distribution, and promotion processes.

According to their whitepaper, the LABEL Foundation seeks to break through the massive barriers that have been constructed across the existing entertainment sector, where artists are often burdened by intermediation costs and get only ⅙ of the total revenue. LABEL would hence like to be viewed as a rescuer of sorts, disrupting industry standards by removing the requirement for intermediation procedures and returning control of the whole system to musicians, artists, and other types of content producers.

It should additionally be mentioned that the LABEL Foundation had already announced a successful financing round in which they raised $1 million (USD) and received additional funding from Solanium Ventures. Additionally, LABEL has formally established a deal with Ankr to use their nodes and Curvegrid’s MultiBaas middleware to support its own infrastructure, reaffirming the overall vision and commitment to providing multichain NFT technology to their platform.

Lastly, regardless of the current state of the market, the LABEL Foundation appears to be developing in accordance with their initial goal, as they continue to create key agreements, receive investment capital required for company growth, and bring over prominent IPs to their platform.

The recent upgrade of the Ableton certified OPENTRACK 2.0 version, which is LABEL’s direct provider of the IP promises that the music sector is going to integrate with NFTs in the long-term perspective. 

CSO name: Hyungsoon Choi
Email: official@label.foundation
Company: Clasium Globlal Ltd.
Country: British Virgin Islands
Address: Charles Court, 1st Floor, 189 Main Street, P.O. Box 4406,Tortola VG1110, British Virgin Islands

Coinchange now offers opportunities to generate passive income on two of the most popular cryptocurrencies, Bitcoin and Ethereum.

Toronto, Ontario–(Vehement Media. – February 2, 2022) – Coinchange, a DeFi yield farming platform that provides users with low-risk, high-yield investment opportunities, announced today that they have added Bitcoin and Ethereum High Yield Accounts.

                               Coinchange

Coinchange launched their High Yield Accounts in 2021, starting with the USDC stablecoin. Their stablecoin products – which now include Tether – are currently earning high yields for users.

Now users will be able to diversify their yield portfolio between stablecoins and more volatile cryptocurrencies in the same platform. And for users who are not holding Bitcoin or Ethereum currently, Coinchange has an integrated brokerage for users to buy with USD or swap from other cryptocurrencies.

Bitcoin and Ethereum have played a significant role in the mainstream adoption of cryptocurrency and DeFi in general, with an estimated 114 millionwallets holding bitcoin globally, according to current statistics. Ethereum’s market capitalization is currently $286 billion, indicating how much the cryptocurrency has grown in the last decade.

To protect against the volatility of Bitcoin and Ethereum, which are known to rise and fall in value from time to time, Coinchange is providing holders of these tokens with the opportunity to continue earning regardless of market conditions.

Coinchange CEO Maxim Galash spoke about the company’s commitment to providing earning opportunities through DeFi.

About Coinchange: Founded in 2018, Coinchange Financials Inc. has since become a rapidly-growing digital asset platform. The company is registered in Canada and accepted in 33 states in the US. The Coinchange app can be downloaded from the App Store and the Google Play Store.

Coinchange Financials Inc.
communications@coinchange.io

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