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Authtrail Unveils Invitation-Only Community Round For Its Blockchain-Powered Data Integrity Platform
Blockchain-based data integrity SaaS platform, Authtrail, has announced the community round for its native AUT token. The invitation-only round, which will list up to 20% of the total supply, is currently accepting applications for whitelisting.
The community round is being billed as a one-time opportunity for early contributors to acquire AUT tokens at comparatively lower prices. The initiative will see 30 million AUT tokens from the total supply of 150 million AUT distributed amongst whitelisted participants, helping Authtrail raise an additional $6 million. Each AUT token will be priced at $0.20 - half the token’s price for the upcoming public round.
During the community event, there will be two rounds: the community first-comers round for the first thousand contributors, with contributions starting at $1,000 and capped at $5,000 per user, and the first-come, first-serve community round where contributions start at $1,000. There is no upper cap for the second round. A twelve-month vesting schedule will apply to tokens, with a three-month cliff and equal vesting in months four through twelve. The community round is only open to Authtrail community members and requires whitelisting. Read More
Inside the blockchain developers’ mind: Can EOS deliver a killer social DApp?
What are the limitations that are preventing mainstream adoption and what is the current DApp landscape?
In my first article in this series, I explained why Ethereum and Steem haven’t been able to deliver a mainstream social decentralized application (DApp), despite taking two very different approaches and how this makes the solution seem obvious; why not combine the fee-less system developed for Steem with the flexibility of a blockchain with smart contracts like Ethereum? Then, we could give developers the best of both worlds, enabling them to create free-to-use applications with the freedom to add new features whenever they want.
One could argue that this is exactly what Dan Larimer was trying to do when he left Steem and began work on EOS. Now, four years after the release of EOS, Larimer is planning to release “Fractally,” a new social application built on EOS. But, this begs the question: Why has no one been able to build a successful social media application on EOS? After all, it's not like no one has tried. Read More
Intel Announces Mining Chips’ First Clients: BLOCK, Argo Blockchain, and GRIID
Intel’s play to get into the bitcoin mining market might end up being the story of the year. In a post titled “Blockchain and the New Custom Compute Group,” Raja Koduri reveals a little of the company’s playbook. At Intel, he’s the senior vice president and general manager of the Accelerated Computing Systems and Graphics Group.
In the article, Koduri says, “we are focusing our efforts on realizing the full potential of blockchain by developing the most energy-efficient computing technologies at scale.” Intel’s play is deeper and harder than previously thought. They’re going all-in in the blockchain business. With a twist that every corporation is claiming for.
“Today, we at Intel are declaring our intent to contribute to the development of blockchain technologies, with a roadmap of energy-efficient accelerators. Intel will engage and promote an open and secure blockchain ecosystem and will help advance this technology in a responsible and sustainable way.” Read More
AnonSurvey’s blockchain e-voting app now available for use
E-voting on blockchain apps got a step closer with the “soft launch” of AnonSurvey. Creator Eli Afram said the tool would initially be useful for businesses and market researchers, and could one day be useful to governments.
What makes AnonSurvey different from existing voting or survey form software is the idea of tokenized responses. The creator of a form can issue a pre-defined number of response tokens to ensure only those eligible to participate in the questionnaire can submit. The responses are then recorded on the blockchain, maintaining individual privacy while producing results that can be publicly verified and audited at any date in the future.
“Transparency is super important!” Afram said.
The AnonSurvey online app is available now for interested users to try out, if they contact Afram and request account access. He said he soft-launched the app to get people to start using it, and to use the opportunity so that a smaller number of early-adopter testers could help identify and iron out issues.
“I originally got the idea when one of our local government municipalities in Australia was hunting for such a tool where they could survey their own constituents, but maintain the privacy of their citizens. There wasn’t as much as you’d think out there,” he said. Read More
Finally, FACTS That Counter The FUD
Cryptocurrency is more popular than ever as the mainstream populace realizes its potential as a new monetary system, especially in light of hyperinflation in our legacy financial system. The control that the “powers that be” already have over our sovereignty and the introduction of Central Bank CBDCs will only result in a more oppressive regime for sovereign citizens.
There are factions of people intent on discrediting crypto to minimize adoption, particularly Bitcoin or any Proof of Work protocol that relies on mining. Their primary focus is on damage to the climate due to fossil fuel emissions, even though the statistics for their claims have been negligible and inconclusive at best.
China’s recent ban of all crypto-mining is purported to be for the concern of excess carbon emissions. Arguably, the real reason for the ban was to push the Yuan CBDC already in circulation. Central Bank Digital Currencies are not a cryptocurrency but a financial system to exercise total control of its people. Read More
Will The Value Of NFTs Stand The Test Of Time?
One of the biggest factors contributing to the widespread popularity and adoption of blockchain technology, without a doubt, has been NFTs. NFTs are non-fungible tokens that are registered on a blockchain network and assigned to a real-world asset which can be physical or digital. As NFTs integrate real-world assets with the cryptocurrency ecosystem, it has helped tremendously in boosting the use of cryptocurrencies.
Any person, artist, celebrity, businessman, etc., can create an NFT and sell them on an NFT marketplace, making it easier for people to interact with the crypto space. Moreover, NFTs are digital assets in themselves as other tokens and hold a tremendous value that fluctuates according to market trends and other reasons.
The user-friendliness, the tremendous value, and the interactive nature of NFTs have helped the NFT industry to blow up in the last couple of years. Last year, one of the highlights of the NFT industry was the auction of a piece of digital art by the artist Beeple for $69 million. The craze for NFTs only grew stronger from then with several famous celebrities such as Eminem, Paris Hilton, Amitabh Bachan, etc. joining the trend and launching their NFTs.
However, as the digital space has seen several times, experts and enthusiasts are wondering if this craze will last for a long time and if NFTs are just designed for digital images. The short answer is NFTs have far exceeded the avenue of digital images and now have utility beyond imagination. Read More
Chingari integrates native token to advance Web3 social networking
The 100 million-user Indian social network successfully deployed a beta testnet of the GARI token in preparation for its mainnet release.
Indian social networking platform Chingari has announced ambitions to revolutionize the experience of its 100 million-user creator economy through the integration of its native digital asset, GARI, and accompanying cryptocurrency wallet via the Solana blockchain.
Translating into the word "Spark" in the languages of Urdu and Hindi — a branding visibly consistent with its flame icon — the Chingari user interface often draws parallels to popular Western entertainment services TikTok, Instagram Reels, and YouTube Shorts, for its principal focus on short-timed, infinitely accessible video content.
Launched in 2018, the platform has grown exponentially over the past few years, amassing over 35 million monthly active users to become the most popular mobile application in the country on the Google Play store. As in the case of TikTok, creators are revered for their entertainment across an array of topics such as lip-synching, belly dancing, comedic sketches, and fashion tips, among others. Read More
Cross-chain roaming enables users to benefit from the sum value of blockchain technology
Without an improved user experience, cross-chain solutions may never become widely adopted.
When the first blockchain came to life, it shared a vision for an all-encompassing solution that would enable anyone to transact on a single chain regardless of what they were hoping to accomplish.
In practice, the result has been much different, with new blockchain protocols coming to life, attempting to solve concerns around scalability or employ an original approach to a specific use case. Although many of these blockchains have demonstrated success in the mission they hope to accomplish, their growth is done in parallel, never advancing to the next level. The resulting silos have limited all users from benefiting from the sum value of the blockchain as a whole.
So, how does one go about eliminating these siloes? The answer is simple, cross-chain solutions. A cross-chain enables two independent blockchains to interact with each other, exchanging assets from one to the next and achieving blockchain interoperability. Read More
New mainnet connects blockchain to the physical world to promote mass adoption
Blockchain utility is only being seen by 5% of the world, with 95% still not on-chain.
Ekta is operating with the mission to bridge blockchain technology to the physical world by building a future where cryptocurrency, DeFi, and NFTs prove their use to the world, similar to how smartphones and the internet have become commonplace. For this reason, Ekta only engages in projects and partnerships that share their same vision for the future.
Roughly 5% of the world understands the benefits blockchain brings, among which are primarily those holding cryptocurrencies. By this count, this leaves 95% of the world in a position yet to recognize the value of the technology in their own lives, making this group the target for Ekta’s efforts.
The team behind Ekta has recently launched their own blockchain mainnet to reach this 95%. As a result, the EktaChain has since become the foundation for many projects with real-world utility, including MetaTrees. Read More
Disclaimer: These articles are provided for informational purposes only. They are not offered or intended to be used as legal, tax, investment, financial, or any other advice.
