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New Developments Happening in the Blockchain Space - October 13th

Posted by Simon Keighley on October 13, 2021 - 7:51am

New Developments Happening in the Blockchain Space - October 13th

New Developments Happening in the Blockchain Space - October 13th

Image Source: Pixabay


Ethereum-Based Blogging Platform Mirror Opens Up to Everyone

The Ethereum-based publishing protocol is moving past its popularity contest model while eyeing subscriptions and other new features ahead.

Mirror, an Ethereum-based decentralized blogging protocol that first launched last December, has opened up its doors to all creators.

Prior to today’s announcement, creators could only gain access to Mirror by earning enough votes in Mirror’s weekly WRITE Race on Wednesday afternoons. Existing Mirror users would have two hours to vote for applicants using the protocol’s WRITE token, making it a popularity contest of sorts. The top 10 finishers in the voting would be airdropped one WRITE token, which they could redeem for a Mirror-hosted .xyz blog. Read More


 

Why the Gaming Industry Is Fueling the Upcoming Wave of Branded Tokens

The gaming industry, which spawned NFTs in the form of CryptoKitties, has long paved the way for new forms of customer engagement and monetization.

While NFTs aren’t exactly new to gaming, their uses are maturing. Games are also exploring the use of branded tokens and stablecoins. This will mean big changes for gaming and adjacent industries from consumer brands, to sports, eSports, and entertainment. Read More


 

NFT platform with more than 100M digital collectibles integrates Ethereum Virtual Machine for more ‘energy-efficient’ transactions

One particular aspect of NFTs that has grabbed attention is collectibles; the sale of large volume, low-cost NFTs in much the same way that physical trading cards did in the last century.

Artists have been amongst the first to take advantage of leveraging their art online through NFTs, also known as nonfungible tokens. The spectacular Beeple sale of his Everydays: the First 500 Days for $69 million made headlines across the world, quickly followed by huge sales by digital artist Pak, Warhol, and even a Jack Dorsey Tweet – okay, it was his first tweet. 

It wasn’t just artists that crowded online; musicians could see how they might recuperate significantly better fees than are currently offered by Spotify. Read More


 

Sienna Network Launches Privacy-Centric DeFi Crypto Exchange

SiennaSwap is bringing private trades to DeFi, offering users anonymous trading and preventing detrimental front-running. 

Launched in April, the Sienna Network is looking to usher in an ecosystem of privacy-focused decentralized finance (DeFi) products. First up, a Uniswap-esque decentralized exchange (DEX) called SiennaSwap. 

SiennaSwap lets users trade “secret versions” of popular tokens like Ethereum and Cosmos, and flip them anonymously on the platform. For now, the number of assets is limited to the bridges the project has created, hence the absence of a secret version of Bitcoin. Read More


 

How Does Markethive Create Token Velocity? - updated

A token that is only a medium of exchange has a very strong chance of falling victim to price manipulation. Alternatively, Markethive has in place, numerous velocity stabilizers including staking, (The Vault), network utility expansion, and the fact it is a cryptocurrency coin, will keep the balance of velocity. This ensures that the velocity is maintained for the initial and long-term price of MHV and is indicative of a healthy Markethive Ecosystem. A strong economy will in turn sustainably increase MHV’s price.

Coins or Tokens that are structured to capture a significant portion of the economic value generated by the network will reward both the investors who took on early-stage risk as well as the platform who can continue to fund development through the retention of now valuable tokens. 

There is a huge market looking for what Markethive does. You’re not just buying or earning to accumulate a coin, you’re buying an oil field. Markethive is an eternal economy that has more demand than supply, therefore, the demand will continue to outstrip the supply. The bottom line being the Markethive Consumer Coin (MHV) and Incentivized Loan Program or ILP Token (HFS) will only become increasingly more valuable. Read More

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Hatten Technology to Develop a Token System to Assist in Promoting a Digital Economy in Melaka, Malaysia

The subsidiary of the property developer Hatten Land, Hatten Technology, has recently signed an agreement with Prakar aka EnjinStarter for the development of a token system that will help in promoting a digital economy. Reportedly, the Hatten group said that the digital assets including the NFTs can be exchanged for or linked with the current loyalty points system of its malls and hotels. Read More


 

TriliTech Launches Tezos Development Hub In London

TriliTech, a research and development and entrepreneurship hub based in London, has announced that it is launching a new development hub in the city to help accelerate development of Tezos-based solutions.

The center will feature a multi-purpose Tezos-centric development hub that will help Tezos developers connect and network through technology consulting and development support. The hub will also serve as a primary platform for mentorship programs for future Tezos developers. The team behind TriliTech consists of high-profile experts on sectors such as decentralization, gaming, financial technology, and development. Read More


 

Sri Lanka Targets Blockchain And Crypto Mining Investments For Economic Growth

Sri Lanka is exploring the possibilities of blockchain technology and crypto mining via a newly appointed committee that will look into the dos and don’ts behind the development of a blockchain network.  

The committee was first proposed to the Srilankan Cabinet by the Minister of Project Coordinating and Monitoring Namal Rajapaksa. The intention was to research and develop digital banking, blockchain, and cryptocurrencies to pull in investments. Read More


 

The blockchain application platform launches the second hackathon focusing on DeFi and GameFi

The number of hackathons is going up as the crypto industry is fighting for talent.

Lisk, a blockchain application platform, is launching their second HackOnLisk event, where developers will have the opportunity to build a blockchain application with the latest Lisk SDK following its July hackathon.

This time, they are celebrating the new Mainnet v3 and would like developers to hone in on the areas of decentralized finance (DeFi) and GameFi. 

DeFi applications to consider include decentralized exchange (DEX), lending, and stablecoins projects. GameFi (financialization of games) applications include blockchain games and collectibles. For HackOnLisk2, there is a total of $60,000 worth of prizes up for grabs. 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 other advice.

 

 

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